There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Why Gen Z Is choosing career vibes over big paycheques, especially early on + MORE Feb 5th
For decades, the standard career advice for young Canadians was as linear as an airport security line: shoes off, laptop out, no detours. Except in career land it was: get the degree, find the best-paying gig, climb the corporate ladder, and don’t look back until retirement.
But according.... More »
Saudi Aramco prospectus flags risks, gives few details on IPO size - Reuters Nov 10th
Saudi Aramco prospectus flags risks, gives few details on IPO size ReutersSaudi Aramco targets sale of 0.5% of state oil giant to retail investors, sources say CBC.caAramco IPO expected to lean on Saudi investors and China Al Jazeera EnglishWhat Is Aramco Worth? .... More »
Making sense of the markets this week: July 19 Jul 19th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Vaccine optimism gives stocks another boost
Wednesday offered some good news on the COVID-19 front. While there are dozens upon dozens of groups working on vaccines, AstraZe.... More »
The best balance transfer credit cards in Canada for 2024 + MORE Mar 1st
Spend
The best balance transfer credit cards in Canada for 2024
Moving your credit card debt to a balance transfer card can help you pay off the debt more quickly by paying little or no interest.
Compare now
&l.... More »
PS5 Stock Shortages Will Continue Into 2022, Sony Says - Forbes May 11th
PS5 Stock Shortages Will Continue Into 2022, Sony Says ForbesSony warns that PlayStation 5 shortages will continue into 2022: report MobileSyrupReport: Next-Gen PlayStation VR Is Sounding Pretty Impressive KotakuSony Warns PlayStation 5 Supply Could Be Scarce Until 2.... More »
CP Rail CEO Keith Creel made $20.1-million in first year in role, filing says
– theglobeandmail.com
His compensation includes a base salary of $1.4-million, a cash bonus of $2.4-million and stock-option awards worth $10.5-million
National PostChina's new vice-president has reputation as 'Mr Fix-it'National PostChinese President Xi Jinping, right, shakes hands with Wang Qishan after Wang was elected Vice-President during a plenary session of China's National People's Congress (NPC) in Beijing, Saturday, March 17, 2018. China's rubber-stamp legislature has …China's Xi gets right-hand man, loyal 'firefighter,' elected vice presidentWashington PostChina Re-elects Xi Jinping Without Term LimitsHuffPostXi Jinping reappointed for second term as China's presidentFRANCE 24Wall Street Journal -The Australian Financial Review -Independent.ie -Business Standardall 234 news articles »
Cosmetics giant L’Oreal buys Toronto augmented reality startup ModiFace
– canadianbusiness.com
TORONTO _ When University of Toronto engineering professor Parham Aarabi first began researching face tracking technology, it never occurred to him that his resulting startup would later be snapped up by the world’s biggest cosmetics company, L’Oreal.
In fact, Aarabi thought the initial application of what is now ModiFace’s lip and eye tracking capabilities would be speech recognition in noisy environments, he said.
“What happened was I realized, and we initially realized, that this technology had a lot of use for cosmetic simulations,” said Aarabi, ModiFace’s chief executive, in an interview. “For example, showcasing lipstick products, because we had the exact boundary of the lips.”
On Friday, 11 years after Aarabi founded the Toronto-based startup, L’Oreal announced it was acquiring ModiFace as part of its digital acceleration strategy.
The Paris-based beauty behemoth, whose 34 brands include Maybelline and Lancome as well as its namesake beauty products line, did not disclose financial terms of the acquisition…
In fact, Aarabi thought the initial application of what is now ModiFace’s lip and eye tracking capabilities would be speech recognition in noisy environments, he said.
“What happened was I realized, and we initially realized, that this technology had a lot of use for cosmetic simulations,” said Aarabi, ModiFace’s chief executive, in an interview. “For example, showcasing lipstick products, because we had the exact boundary of the lips.”
On Friday, 11 years after Aarabi founded the Toronto-based startup, L’Oreal announced it was acquiring ModiFace as part of its digital acceleration strategy.
The Paris-based beauty behemoth, whose 34 brands include Maybelline and Lancome as well as its namesake beauty products line, did not disclose financial terms of the acquisition…
Enbridge, TransCanada shares recover from steep dive following U.S. tax ruling
– canadianbusiness.com
CALGARY _ Shares in Canadian pipeline companies Enbridge Inc. and TransCanada Corp. are recovering from a steep sell-off Thursday after the U.S. eliminated a tax break for owners of certain interstate pipelines.
Both Calgary-based companies hold such pipelines in the United States through master limited partnerships or MLPs.
The decision by the U.S. Federal Energy Regulatory Commission came in response to an earlier court ruling that found its long-standing tax policy could result in double recovery of costs for MLPs.
Enbridge shares fell by 4.2 per cent to $41.06 on Thursday but recovered to as much as $42.15 on Friday after it issued a statement that says it is not expecting a “material change” to its financial guidance over the next three years because of the FERC ruling.
TransCanada shares dropped 2.1 per cent to $55.89 on Thursday but recovered to as much as $56.45 on Friday.
In a report, CIBC analysts estimated the FERC ruling would knock about $3 per share from of its valuation of Enbridge and $1 per share for TransCanada, adding the tax ruling may convince some U…
Both Calgary-based companies hold such pipelines in the United States through master limited partnerships or MLPs.
The decision by the U.S. Federal Energy Regulatory Commission came in response to an earlier court ruling that found its long-standing tax policy could result in double recovery of costs for MLPs.
Enbridge shares fell by 4.2 per cent to $41.06 on Thursday but recovered to as much as $42.15 on Friday after it issued a statement that says it is not expecting a “material change” to its financial guidance over the next three years because of the FERC ruling.
TransCanada shares dropped 2.1 per cent to $55.89 on Thursday but recovered to as much as $56.45 on Friday.
In a report, CIBC analysts estimated the FERC ruling would knock about $3 per share from of its valuation of Enbridge and $1 per share for TransCanada, adding the tax ruling may convince some U…
