How to go about securing the best return for your investment in Canada.
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The new Canadian Mortgage Charter explained - CBC News + MORE Nov 23rd
The new Canadian Mortgage Charter explained CBC NewsWhen people are worried about job security they don't buy a new house: mortgage broker BNN BloombergCanada has a new measure to help homeowners pay their mortgages. Here’s what you need to know NOW TorontoNot all .... More »
WhatsApp contact card feature now available for some lucky users - HT Tech Nov 27th
WhatsApp contact card feature now available for some lucky users HT TechWhatsApp rolls out contact cards sharing on Windows beta Gulf NewsWhatsApp is letting some users share contact cards; here’s everything you need to know about the feature The Financial ExpressW.... More »
Do you need market-neutral ETFs in your portfolio? Apr 23rd
In August 2025, I wrote about a concept that started gaining traction among financial advisors: the 40-30-30 portfolio. This allocation emerged in the aftermath of the 2022 bear market, when rising inflation and aggressive interest-rate hikes caused both stocks and bonds to decline at the same .... More »
How to talk to your parents about crypto Mar 14th
After hearing countless success stories from crypto investors on social media, Martin Dasko, a 36-year-old money blogger in Toronto, could no longer ignore the hype. His father happened to be an early adopter of the cryptocurrency ether (the native coin of the Ethereum platform). But when .... More »
Thanksgiving teaches us some financial lessons that can apply all year round Oct 11th
Be generous with your time, money and your feast this holiday weekend as you give thanks for what you have while reflecting and hoping for better financial health in the months to come..... More »
Empire to expand FreshCo grocery chain in Western Canada amid restructuring woes
– canadianbusiness.com
Shares of Empire Co. Ltd. were down more than five per cent on Wednesday amid news it’s planning to convert up to a quarter of stores in Western Canada to its discount FreshCo banner as it struggles with industry challenges and increased labour costs.
The company made the announcement after it posted a loss in its latest quarter as it was hit by restructuring costs, and said it would incur increased labour costs starting at the end of the third quarter of fiscal 2018 as a result of minimum wage increases in some parts of the country.
CEO Michael Medline said the company’s decision to convert some of its 255 Sobeys and Safeway stores provides an “attractive strategic and financial opportunity for us” to grow market share in the Western provinces in a profitable way.
“Our comprehensive research and analysis shows that the West is fertile ground for ‘small box’ discount.”
Empire said it lost $23.6 million or nine cents per share for the 13 weeks ended Nov…
The company made the announcement after it posted a loss in its latest quarter as it was hit by restructuring costs, and said it would incur increased labour costs starting at the end of the third quarter of fiscal 2018 as a result of minimum wage increases in some parts of the country.
CEO Michael Medline said the company’s decision to convert some of its 255 Sobeys and Safeway stores provides an “attractive strategic and financial opportunity for us” to grow market share in the Western provinces in a profitable way.
“Our comprehensive research and analysis shows that the West is fertile ground for ‘small box’ discount.”
Empire said it lost $23.6 million or nine cents per share for the 13 weeks ended Nov…
Bitcoin and blockchain start ups cashing in on cryptocurrency frenzy
– canadianbusiness.com
CALGARY _ The investor frenzy driving Bitcoin prices to precipitous heights _ trading at over US$16,000 a piece Wednesday _ is playing out on stock markets as well, as companies shift focus to cryptocurrencies to get in on the latest boom.
“People are trying to surf off the wave of bitcoin by strategically changing their name,” said Jean-Philippe Vergne, co-director of the Scotiabank Digital Banking Lab at Western University. “There’s always been a strategic use of these market hype cycles.”
Hive Blockchain Technologies Ltd. (TSXV:HIVE) has been making the most of the heightened interest, announcing plans Wednesday to raise as much as $100 million to buy more digital currency mining hardware.
The financing comes after the company had already raised more than $80 million since announcing in June it was changing its name from Leeta Gold Corp. and its focus to cryptocurrencies, prompting its share price to climb from about 29 cents before its restructuring to about $3…
“People are trying to surf off the wave of bitcoin by strategically changing their name,” said Jean-Philippe Vergne, co-director of the Scotiabank Digital Banking Lab at Western University. “There’s always been a strategic use of these market hype cycles.”
Hive Blockchain Technologies Ltd. (TSXV:HIVE) has been making the most of the heightened interest, announcing plans Wednesday to raise as much as $100 million to buy more digital currency mining hardware.
The financing comes after the company had already raised more than $80 million since announcing in June it was changing its name from Leeta Gold Corp. and its focus to cryptocurrencies, prompting its share price to climb from about 29 cents before its restructuring to about $3…
Editor’s Picks: Our favourite stories from 2017
– macleans.ca
From risking life and limb to trek to Canada, to the peak of real estate madness and the death of a Canadian musical hero, here’s a look back at the year that was. Click your way through our favourite reads of 2017.
The new underground railroad
Razak Iyal in his room at Health Sciences Centre in Winnipeg, January 25, 2017. (Photograph by Sam Tarling)
More and more refugees are making a dangerous trek north to Canada to escape a harsh new U.S. regime—risking life and limb
The American Dream has moved to Canada
By every measure, Canada is the true place to find ‘life, liberty and the pursuit of happiness.’ Let’s stop squandering our good fortune. By Scott Gilmore
The return of the czar
Russian President Vladimir Putin enters the St. George Hall at the Grand Kremlin Palace at the Kremlin in Moscow, on December 12, 2013, to deliver an annual state of the nation address. (Mikhail Klimentyev/AFP/Getty Images)
One hundred years after the Russian Revolution, an emboldened Putin regime is embracing its czarist past…
The surprising way one of the greatest TSX success stories is paying for its share buybacks
– theglobeandmail.com
Shareholders may be hard-pressed to connect the dots that plan is fuelled by adding debt
Feds provide more details on revisions to controversial tax proposals
– canadianbusiness.com
OTTAWA _ The federal government released more details Wednesday on changes to its controversial tax proposals in hopes of further addressing deep concerns over reforms that have angered the small-business community.
The Liberals are tweaking a proposal that, as of Jan. 1, would tighten existing rules enabling small-business owners to lower their tax burden by distributing earnings among family members who do not make significant contributions to their companies _ a practice known as income sprinkling.
The changes are among several adjustments the government made to its overall tax-reform package following an onslaught of complaints from doctors, lawyers, accountants, tax experts, farmers, premiers and even some Liberal backbenchers.
Critics have denounced the proposals, contending they would hurt the very middle class the Trudeau government claimed to be trying to help.
Earlier Wednesday, the Senate finance committee urged the government to abandon its controversial tax proposals _ or at the very least delay their implementation for one year, until 2019…
The Liberals are tweaking a proposal that, as of Jan. 1, would tighten existing rules enabling small-business owners to lower their tax burden by distributing earnings among family members who do not make significant contributions to their companies _ a practice known as income sprinkling.
The changes are among several adjustments the government made to its overall tax-reform package following an onslaught of complaints from doctors, lawyers, accountants, tax experts, farmers, premiers and even some Liberal backbenchers.
Critics have denounced the proposals, contending they would hurt the very middle class the Trudeau government claimed to be trying to help.
Earlier Wednesday, the Senate finance committee urged the government to abandon its controversial tax proposals _ or at the very least delay their implementation for one year, until 2019…
