Carson gets chance to talk issues in GOP debate – and leaves lots of policy details blank + MORE Nov 11th

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Markets response to U.S. Federal Reserve Aug 24th

U.S. stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy. The S&P 500 rose 1.1% after Fed Chair Jerome Powell said in a highly anti.... More »

The case for buying a pre-construction home Feb 16th

My wife and I bid on, and lost, nine houses before we got our 10th. I remember the day in March 2016 when the listing popped up on Realtor.ca, the online directory of homes for sale, which had become one of the “frequently visited” websites on our computer. The house ticked off all the boxes, an.... More »
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Weinstein Co. expected to file for bankruptcy + MORE Feb 26th

The Weinstein Co.'s board of directors says it is expected to file for bankruptcy protection after last-ditch talks to sell its assets collapsed..... More »

Why it’s time to make the case for economic imperialism Dec 28th

Some Oxford students want to banish Cecil Rhodes and what he represents about colonial rule in Africa, but the continent needs more of the ‘imperialism’ of foreign investment .... More »

Skip the chocolates and build financial intimacy instead Feb 6th

Money is something many of us were taught not to talk about. Yet, finances shape everything from whether you’ll have kids or buy a home to when you’ll retire—and nothing kills a romantic spark faster than money stress. In relationships, being on the same page financially isn’t optional, it.... More »
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,341.93, down 69.70 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down five cents, or 3.45 per cent, to $1.40 on 6.8 million shares.
Element Financial Corp. (TSX:EFN). Financial Services. Up $1.45, or 8.76 per cent, to $18.00 on 5.4 million shares.
Teck Resources Ltd. (TSX:TCK.B). Miner. Down 49 cents, or 7.24 per cent, to $6.28 on 4.3 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 57 cents, or 9.39 per cent, to $5.50 on 4.3 million shares.
Whitecap Resources Inc. (TSX:WCP). Oil and gas. Down 89 cents, or 7.27 per cent, to $11.36 on 4.2 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up five cents, or 2.14 per cent, to $2.39 on 4.1 million shares.
Companies reporting major news:
Molson Coors Canada Inc. (TSX:TPX.B). Beverages. Up $5.64, or 4.81 per cent, to $122.97 on 4,914 shares. Molson Coors will nearly double its size once it completes a US$12-billion purchase that secures full ownership of its U…

Continue Reading On canadianbusiness.com »

Don’t bet on charity-run lotteries
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Charity 100: Overview
Charity 100: Grades
Charity 100: Lotteries
Charity 100: Tax tip
Charity 100: Methodology

Typically, only a small portion of the funds raised by these lotteries ends up supporting charitable programs. The numbers tell the story. More than 20 of the largest 100 charities in Canada run lotteries, but half of them fail to get a 50% return on their investment. That’s lousy.
Several charity-run lotteries don’t even fare that well. The Heart and Stroke Foundation, for instance, spends $54 million to run its annual lottery, but only adds $9 million to its coffers after expenses. The return? A measly 18%. Why? Because despite what you may think, charities have to pay up front for all of those luxury homes and exotic cars they give away as prizes. Plus, they have to pay for marketing and administrative costs to make them successful.
So while the odds on these lotteries may be slightly better than what you might get from a ticket bought at your local convenience store, you’re still just gambling and there’s no certainty you’ll walk away with anything in the end…

Continue Reading On moneysense.ca »

Canada’s best stocks 2016

– moneysense.ca

Canada’s best stocks 2016
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Top 200: Overview
Top 200: Full Interactive List
Top 200: All-Star Stocks
Top 200: Bonus 100
Go to The Top 500 U.S. Stocks

There’s something magical about the first snowfall of the season, when snowflakes meander down from the sky to cover the remnants of autumn in a white blanket. If you pause and take a close look at each flake, a world of beautiful crystals opens up. They come in all sorts of shapes and sizes, which makes it hard to pick a favourite.
In a similar way, it can be difficult to sort through the stock market to find the best prospects. That’s why we’re here to offer a helping hand with the 12th annual MoneySense All-Star guide to the Top 200 Canadian stocks. It’s packed full of just the sort of information investors crave and it includes an easy-to-use grading system.
We’re pleased to say our approach has weathered both good times and bad over the past 11 years. Our All-Star Stocks, which combine the best growth and value prospects, gained 15…

Continue Reading On moneysense.ca »

WASHINGTON – Ben Carson got the chance he wanted to talk substance in the latest Republican debate. Be careful what you ask for.
In his turns at the microphone, the popular political neophyte bobbled more than a few facts, struggled for coherence at times and offered a nearly blank slate on what he’d do as president about the Islamic State, big banks and other leading issues of the day.
The economy-focused debate gave the eight candidates a platform to lay out their policy in more detail than before, and Carson was hardly alone in making some flubs. But for a candidate who was overshadowed by louder rivals in past debates and slammed the focus in recent days on his biography, the forum laid bare a largely details-to-come policy agenda.
On Syria and Iraq, Carson proposed both making Islamic State militants “look like losers” and destroying them, leaving unstated whether he would go after them with propaganda or ground troops. He inveighed against banking regulations while indicating he would head off another financial crisis with new, though unspecified, regulation…

Continue Reading On canadianbusiness.com »

Toronto SunPlane crashes into Ohio apartment buildingToronto SunAKRON, Ohio — Seven associates of a Florida real estate investment company were on the second day of a multicity Midwestern trip to look at property for potential shopping centres when their small jet crashed into an Ohio apartment house, killing all …Nine confirmed dead in Akron plane crashWashington PostWeather a Focus in Akron, Ohio, Plane Crash That Killed NineNBCNews.comOhio Plane Crash Victims Included 7 Employees Of A Florida Real Estate FirmNPRPittsburgh Post-Gazette -cleveland.com -Xinhuaall 1,578 news articles »

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