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Latest News
CIBC hikes dividend despite 11 per cent profit drop + MORE Feb 28th
The Canadian Imperial Bank of Commerce hiked its dividend as it reported its first-quarter profit fell 11 per cent to $1.18 billion, missing expectations..... More »
After the biggest stock market sell-off in history, what's next for Facebook? Jul 28th
After a market meltdown this week that saw Facebook lose $100 billion of shareholder value, it's worth asking whether the giant could be headed — albeit very slowly — for the same fate that befell its high-tech ancestors like Myspace..... More »
How to turn off the money tap and say ‘no’ to financially enabling family and friends + MORE May 2nd
People who insist on paying for everything in their relationships are often dealing with deep-seated trauma which can lead to overwork and financial exhaustion, experts say.... More »
Why Young People Trust TikTok for Financial Advice + MORE May 30th
When Courtney Croucher, 23, first stumbled upon “FinTok,” i.e. financial TikTok, she owed $40,000 in student loans and had no idea what her future held. It was May 2020 and she was living at her parents’ house in Cambridge, Ont., after graduating from media studies at Western Universit.... More »
What are the taxes on transferring real estate to your kids? Jun 27th
We purchased a condo for our son, who has been using it as his principal residence for over 10 years. He has made improvements, but the title is in our name. We would like to transfer the title to him, as he is now getting married.
How do we determine fair market value in a fluctuating mark.... More »
The New York Stock Exchange for the first time in its 226-year history will be led by a woman as Stacey Cunningham, who started her career as a floor clerk on the NYSE trading floor, will become the 67th president of the Big Board.
Consumer Reports said Tuesday it will retest brakes on Tesla Inc’s new Model 3 sedans after chief executive Elon Musk promised a software update, but the potential hit to sales from the magazine’s negative review weighed on Tesla stock.
