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How can my stock losses be used to lower taxes? Sep 17th
Q. I just received a report from my brokerage noting the value of one of my investments was cut in half. Can this loss report be used to lower taxes and how does that work? I understand there is also a specific form used for Canada Revenue, but I’m not sure which ones I need. Thanks, Lesli.... More »
Do you have real estate FOMO? What you need to know before it affects your finances + MORE May 3rd
The fear of missing out on owning a home, a.k.a. real estate FOMO, can be a powerful feeling—especially if you’re watching from the sidelines as home values soar. “I think of all the ‘high-priced’ $600,000 homes I could have purchased,” says Candice Best, a public relations executive bas.... More »
Making sense of the markets this week: July 14, 2024 Jul 12th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Are U.S. rate cuts on the way?
While Canada’s inflation rate is obviously at the forefront around decision making.... More »
Gen Z Canadians face job losses—but time is on their side + MORE Feb 5th
Statistics Canada has released new employment insurance (EI) data, and it doesn’t look good for Canadian workers. In the year ending November 2025, the number of people receiving EI rose by 16.1%. Among young Canadians aged 15 to 24, the increase was 12.4%. While this group wasn’t hit the hardes.... More »
Hamonic's contract is financial value in today's NHL - Toronto Sun Jun 25th
Toronto SunHamonic's contract is financial value in today's NHLToronto SunCHICAGO - What the Maple Leafs learned on Saturday afternoon: James vanRiemsdyk may not be the trade chip they believed him to be. Lou Lamoriello was taking a run at Travis Hamonic, the rather affordable yet certainl.... More »
Bento Sushi working with Scotiabank, CIBC on potential IPO: source
– theglobeandmail.com
Bento Sushi is seeking about $100-million, but no final decision has been made on size of IPO
Canadian Tire to launch trial run of home delivery this year, CEO says
– canadianbusiness.com
Canadian Tire will launch a trial run with home delivery at the end of this year, its CEO said Thursday in what is likely a response to the rising threat posed from competitors such as Walmart and Amazon.
The move marks a reversal for the national retailer, which for years had expressed no interest in home delivery, saying there was no need to offer it when 90 per cent of the country’s population lives within 15 minutes of one of its stores.
“It’s a big move,” Canadian Tire CEO Stephen Wetmore said in an interview Thursday following the company’s annual general meeting and latest earnings release.
Details are scant. Wetmore said the company needs to pick a market, decide on how many of its nearly 500 stores will participate and which products will be eligible for home delivery.
The trial run will be assessed to determine whether home delivery should be rolled out across the country.
“It’s really complex with CTR (Canadian Tire retail),” he said…
The move marks a reversal for the national retailer, which for years had expressed no interest in home delivery, saying there was no need to offer it when 90 per cent of the country’s population lives within 15 minutes of one of its stores.
“It’s a big move,” Canadian Tire CEO Stephen Wetmore said in an interview Thursday following the company’s annual general meeting and latest earnings release.
Details are scant. Wetmore said the company needs to pick a market, decide on how many of its nearly 500 stores will participate and which products will be eligible for home delivery.
The trial run will be assessed to determine whether home delivery should be rolled out across the country.
“It’s really complex with CTR (Canadian Tire retail),” he said…
Real Matters stock flat in long-awaited IPO
– theglobeandmail.com
Company’s share price fell below the $13 IPO price after opening at $15
Tempted to sell your Canadian bank stocks? Just stay put
– theglobeandmail.com
Even during the financial crisis, when bank stocks fell nearly 60 per cent by early 2009, they had recovered to new highs by 2011
Amarjeet Sohi defends the Liberals’ infrastructure bank
– macleans.ca
Infrastructure and Communities Minister Amarjeet Sohi takes part in an interview at his office in Ottawa on Thursday, June 23, 2016. (Sean Kilpatrick/CP)On Thursday, the House of Commons is debating the Trudeau government’s controversial proposal for an Infrastructure Bank to attract private investment for large new infrastructure projects. The NDP wants the provisions for the bank split out of the main budget bill so Parliament can study the bank separately. On Wednesday, Amarjeet Sohi, the minister of infrastructure and communities, discussed the bill with Maclean’s senior writer Paul Wells. Below are excerpts from the interview.
Q: There’ve been a lot of questions in the House of Commons over the last several days about this Infrastructure Bank, which I think a lot of Canadians don’t understand very well. Could you give me the elevator pitch for the Infrastructure Bank? What are we trying to do here?
A: The overarching goal of our Infrastructure Bank is to build new infrastructure and properly maintain the existing infrastructure…
