All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
What types of tax-free savings accounts (TFSAs) exist? + MORE Nov 29th
A tax-free savings account (TFSA) is a fantastic way to earn money on your savings, without having to pay tax on those earnings. Registered by the federal government, TFSAs are available to Canadians aged 18 and older. Unlike a registered retirement savings plan (RRSP), you cannot deduct contributio.... More »
What affects the price of bitcoin? + MORE Mar 21st
I recently bought some bitcoin. I know that it’s volatile and that it will go up and down. But to better understand what’s happening, can you explain what affects the price of crypto? What makes it go down (and so dramatically)? What would make it go back up or at least bounce back? Any insights.... More »
This Marketing Pro Increased Their Salary by $100K by Moving From Sports to Start-Ups + MORE Apr 17th
Want to make more money at work? Of course you do. For our series The Top Up, Canadians across different industries tell us exactly how much they earn—and how they navigated every raise, promotion and job change to get it. Each month, a different executive shares their journey and their .... More »
How Three Friends Turned a Student Rental House to Billions in Assets May 14th
Created for
In 1991, brothers Jason and Martin Castellan made their first real estate acquisition: a student rental house in Guelph, Ont. Their first investor? Their dad. They were joined in their business venture by their friend R. Jason Ashdown a short time later and continued to grow their.... More »
What’s Russell Peters doing now? Investing, and it’s a laugh + MORE Jul 15th
Money is no joke—or is it? For Brampton, Ont., native and celebrated comedian Russell Peters, money is as funny as it is serious because, well, everything is funny through his perspective (iykyk). He’s very into real estate (the stand-up comic loves collecting houses) and has recently bought two.... More »
The real estate industry knows buying a home in major cities is becoming prohibitively expensive for many Canadians. So it’s proposing to help. The Canadian Real Estate Association is lobbying the federal government to allow parents to dip into their registered retirement savings accounts to fund their children’s home-ownership dreams.CREA, which represents more than 100,000 agents, brokers and salespeople, has made a 2018 pre-budget submission proposing changes to the Home Buyers’ Plan (HBP). That program allows a first-time buyer to withdraw up to $25,000 from an RRSP account to purchase or build a home. The realtors’ association suggests expanding the program so that parents can withdraw from their own RRSPs for their children to purchase of a home. Both parents would be eligible to take funds from their accounts, subject to a maximum amount. “Extending the HBP is a compassionate and fiscally responsible way to help modern Canadian families finance the purchase of a home, and also help close the gap for young Canadians,” according to CREA’s submission…
Loonie soars nearly one cent on job growth, as stocks fall amid Trump Russia probe
– canadianbusiness.com
TORONTO _ The Canadian dollar surged following better-than-expected big job gains data today as stock markets on both sides of the border stumbled amid the latest news on Russian meddling in the U.S. presidential election.
The loonie was trading at an average price of 78.56 cents US, up 0.97 of a U.S. cent, after Statistics Canada said the economy added 79,500 jobs in November, blowing past the 10,000 that economists had expected.
U.S. stock indexes recovered somewhat from a steep morning slide after Senate Republicans signalled they have enough votes to push forward on a tax overhaul bill. The stock market fell sharply after former U.S. national security adviser Michael Flynn pleaded guilty to lying to the FBI about his contacts with the Russian ambassador.
The Dow Jones industrial average fell 40.76 points to 24,231.59. The S&P 500 index inched back 5.36 points to 2,642.22 and the Nasdaq composite index was down 26.38 points to 6,847.59.
North of the border, the Toronto Stock Exchange’s S&P/TSX composite index gave back 28…
The loonie was trading at an average price of 78.56 cents US, up 0.97 of a U.S. cent, after Statistics Canada said the economy added 79,500 jobs in November, blowing past the 10,000 that economists had expected.
U.S. stock indexes recovered somewhat from a steep morning slide after Senate Republicans signalled they have enough votes to push forward on a tax overhaul bill. The stock market fell sharply after former U.S. national security adviser Michael Flynn pleaded guilty to lying to the FBI about his contacts with the Russian ambassador.
The Dow Jones industrial average fell 40.76 points to 24,231.59. The S&P 500 index inched back 5.36 points to 2,642.22 and the Nasdaq composite index was down 26.38 points to 6,847.59.
North of the border, the Toronto Stock Exchange’s S&P/TSX composite index gave back 28…
Federal court gives Toronto real estate agents data-publishing rights
– theglobeandmail.com
Toronto Real Estate Board says it is disappointed by the decision and will seek leave to appeal to the Supreme Court of Canada
Appeal court upholds ruling ordering real estate agents to make home sale data public – CBC.ca
– news.google.ca
CBC.caAppeal court upholds ruling ordering real estate agents to make home sale data publicCBC.caThe Federal Court of Appeal has upheld a lower court decision ordering the largest real estate group in the country to make detailed financial information about home sales more open to the public. In a ruling announced Friday, the court upheld a …Toronto Real Estate Board vows to take open data case to Supreme CourtNational Postall 6 news articles »
The Federal Court of Appeal has upheld a lower court decision ordering the largest real estate group in the country to make detailed financial information about home sales more open to the public.
