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How to make sense of contradictory investment advice Jan 10th
Q. Several investment sources are giving advice that seems contradictory. On the one hand, it is often preached that the key to smart investing is having a long-term view. That is, buy and hold good-quality stocks for long periods of time (10-plus years). It is argued this kind of passive approach, .... More »
Anxiety over Trump’s trade war with China causes stocks to plunge on Wall Street - Global News + MORE Aug 6th
Anxiety over Trump’s trade war with China causes stocks to plunge on Wall Street Global NewsChina’s yuan tumbles further to U.S. dollar as trade war fears escalate The Globe and MailNew York stock indexes hammered as China allows yuan to devalue CBC NewsTrump’s.... More »
Calgary Is Converting Abandoned Offices Into Housing Oct 16th
When Maxim Olshevsky stepped inside 909 5th Ave. SW, a 10-storey building in downtown Calgary, he could have sworn he was looking at the aftermath of a zombie apocalypse. Frayed cubicle walls loomed over piles of expired contracts; name tags lay abandoned on dust-blanketed desks. To most, this would.... More »
Private equity, private debt and more alternative investments: Should you invest? Sep 10th
You may have heard friends or acquaintances talk about investing in private investments, or maybe your financial advisor has recommended them to you. There are valid reasons for all the talk around private investing of late, but also reasons for caution. Read on to learn more about the asset class a.... More »
OAS payment dates in 2025, and more to know about Old Age Security Oct 7th
If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS wo.... More »
Ottawa real estate firm Sakto faces allegations of money laundering
– theglobeandmail.com
Swiss advocacy group Bruno Manser Fund (BMF) seeks banking, accounting documents of company founded daughter of influential Malaysian political figure Abdul Taib Mahmud
Wealthsimple launches robo adviser service in U.K., its 2nd international market
– canadianbusiness.com
TORONTO _ Wealthsimple’s robo-adviser services are now available in the United Kingdom.
Earlier this year, the Toronto-based company tested an invitation-only trial version of the product in the U.K.
CEO Michael Katchen says the U.K. expansion fits in with Wealthsimple’s plan to build a global financial services firm.
The U.K. is Wealthsimple’s second international market after launching in the United States at the end of January.
The company currently has more than 40,000 clients in Canada and the U.S. with $1 billion in assets.
The post Wealthsimple launches robo adviser service in U.K., its 2nd international market appeared first on Canadian Business – Your Source For Business News.
Earlier this year, the Toronto-based company tested an invitation-only trial version of the product in the U.K.
CEO Michael Katchen says the U.K. expansion fits in with Wealthsimple’s plan to build a global financial services firm.
The U.K. is Wealthsimple’s second international market after launching in the United States at the end of January.
The company currently has more than 40,000 clients in Canada and the U.S. with $1 billion in assets.
The post Wealthsimple launches robo adviser service in U.K., its 2nd international market appeared first on Canadian Business – Your Source For Business News.
Tom MacMillan steps down at Gluskin Sheff, Jeff Moody named new CEO
– canadianbusiness.com
TORONTO _ Investment manager Gluskin Sheff and Associates Inc. named Jeff Moody as its new president and chief executive.
He replaces Tom MacMillan, who the firm said decided to step down from the top job and the board.
Moody joined Gluskin Sheff (TSX:GS) in 2001 and was most recently senior executive vice-president, investments and client wealth management and chairman of the asset mix committee.
The change came as the firm reported a profit of $5.8 million or 19 cents per diluted share on nearly $31.6 million in revenue for the quarter ended June 30.
That compared with a profit of $3.3 million or 11 cents per diluted share on $27.4 million in revenue in the same quarter a year ago.
Assets under management increased to nearly $8.9 billion compared with nearly $8.3 billion in the same quarter last year.
The post Tom MacMillan steps down at Gluskin Sheff, Jeff Moody named new CEO appeared first on Canadian Business – Your Source For Business News.
He replaces Tom MacMillan, who the firm said decided to step down from the top job and the board.
Moody joined Gluskin Sheff (TSX:GS) in 2001 and was most recently senior executive vice-president, investments and client wealth management and chairman of the asset mix committee.
The change came as the firm reported a profit of $5.8 million or 19 cents per diluted share on nearly $31.6 million in revenue for the quarter ended June 30.
That compared with a profit of $3.3 million or 11 cents per diluted share on $27.4 million in revenue in the same quarter a year ago.
Assets under management increased to nearly $8.9 billion compared with nearly $8.3 billion in the same quarter last year.
The post Tom MacMillan steps down at Gluskin Sheff, Jeff Moody named new CEO appeared first on Canadian Business – Your Source For Business News.
The Globe and MailTrudeau dodges questions about taxes on his family wealthThe Globe and MailThe subject who is truly loyal to the Chief Magistrate will neither advise nor submit to arbitrary measures. close panel. © 2017 The Globe and Mail Inc. All Rights Reserved. Terms & Conditions Privacy Policy. Trudeau dodges questions about taxes on his …Justin Trudeau defends tax reforms aimed at small businessesToronto StarLiberals will offer measure to soften small business tax changes, source saysCBC.caTrudeau Says Stance On US Missile Defence System Hasn't Changed, As Trump Threatens North KoreaHuffington Post CanadaGlobalnews.ca -TheChronicleHerald.ca -Macleans.ca -National Observerall 297 news articles »
Equifax Canada says 100,000 Canadians may be affected by cyberattack
– canadianbusiness.com
TORONTO _ Equifax Canada says approximately 100,000 Canadian consumers may have had their personal information and credit card details compromised in the massive cyberattack on the credit data company made public earlier this month.
The company said Tuesday the investigation is ongoing and it appears that the breached data may have included names, addresses, social insurance numbers and, in limited cases, credit card numbers.
“We apologize to Canadian consumers who have been impacted by this incident,” Lisa Nelson, president and general manager of Equifax Canada, said in a statement.
“We understand it has also been frustrating that Equifax Canada has been unable to provide clarity on who was impacted until the investigation is complete.”
Equifax Canada has provided information to MasterCard and VISA about Canadians whose credit card details may have been compromised, for communication to the financial institutions involved, the company said in an update on its Canadian website…
The company said Tuesday the investigation is ongoing and it appears that the breached data may have included names, addresses, social insurance numbers and, in limited cases, credit card numbers.
“We apologize to Canadian consumers who have been impacted by this incident,” Lisa Nelson, president and general manager of Equifax Canada, said in a statement.
“We understand it has also been frustrating that Equifax Canada has been unable to provide clarity on who was impacted until the investigation is complete.”
Equifax Canada has provided information to MasterCard and VISA about Canadians whose credit card details may have been compromised, for communication to the financial institutions involved, the company said in an update on its Canadian website…
