How to go about securing the best return for your investment in Canada.
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New rules for investment fees provide clarity, but won't fix all complaints Jan 1st
New disclosure rules coming into effect on Jan. 1, 2017 could go a long way toward fixing one of the biggest complaints of Canadian investors — secret hidden fees that eat away at returns over time..... More »
MoneySense at the MoneyShow: Investing in Real Estate in 2023 May 9th
Join MoneySense for the MoneyShow Canada Virtual Expo.
The last year has tested Canadian real estate investors with high-interest rates and inventory issues. To give you some insight into the markets—Canada-wide!—MoneySense teamed up with Zoocasa. They analyzed real estate data to reveal the.... More »
Rogue investment advisors owe $23 million in unpaid fines to regulator + MORE Jun 13th
The first Unpaid Fines Report published by the Investment Industry Regulatory Organization of Canada lists 118 men and women who have been disciplined by the regulator since 2008..... More »
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S&P, Nasdaq opens at new highs on strong earnings
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Are you secretly anti-wealth? An abundance mindset can help you reach your financial goals Feb 3rd
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U.S. investment bank JPMorgan Chase agrees to pay $1.7 billion US to settle federal claims for the bank’s role in Bernie Madoff’s $65-billion Ponzi scheme.
5.5 year – 2.35%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2013-11-09. Click on the link above to get more details or apply online.
60 days – 1.55%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online.
Desmarais estate and trust sell 15.5 million Power Corp. subordinate shares
– canadianbusiness.com
MONTREAL – The estate of Paul G. Desmarais and the Desmarais Family Residuary Trust reduced their stakes in Power Corp. of Canada on Tuesday, selling nearly 15.5 million shares in an estate planning move.
The liquidators and trustees of the estate and the family trust said they sold 15,461,750 subordinate voting shares of Power Corp. of Canada (TSX:POW) and 87,318 shares of Great-West Lifeco Inc. (TSX:GWO).
Based on the companies’ share prices Tuesday, the sale would have totalled about $480 million.
The estate and trust still hold or control, directly and through wholly-owned holding corporations, 48,603,392 participating preferred shares and 48,363,392 subordinate voting shares of Power Corp., representing 99.49 per cent and 11.76 per cent respectively, of each share class.
Paul Desmarais Sr., who built Power Corp. into the multibillion-dollar empire it is today, died last year at the age of 86.
Power Corp. holds a controlling stake in Power Financial (TSX:PWF), parent company to Great-West Lifeco…
The liquidators and trustees of the estate and the family trust said they sold 15,461,750 subordinate voting shares of Power Corp. of Canada (TSX:POW) and 87,318 shares of Great-West Lifeco Inc. (TSX:GWO).
Based on the companies’ share prices Tuesday, the sale would have totalled about $480 million.
The estate and trust still hold or control, directly and through wholly-owned holding corporations, 48,603,392 participating preferred shares and 48,363,392 subordinate voting shares of Power Corp., representing 99.49 per cent and 11.76 per cent respectively, of each share class.
Paul Desmarais Sr., who built Power Corp. into the multibillion-dollar empire it is today, died last year at the age of 86.
Power Corp. holds a controlling stake in Power Financial (TSX:PWF), parent company to Great-West Lifeco…
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online.
