How to go about securing the best return for your investment in Canada.
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Average house price in Canada falls 5.5% to $455K compared to a year ago + MORE Feb 15th
The average price of a Canadian home has fallen by 5.5 per cent to $455,000 over the past 12 months, the Canadian Real Estate Association said Friday..... More »
Claude Mongeau to step down as CN Rail CEO + MORE Jun 7th
MONTREAL — Canadian National Railway will have its third leader in more than six years after the CEO of the country’s largest railway said Tuesday he’s stepping down because a medical condition makes it difficult to continue in the job.
Claude Mongeau returned to work in January after.... More »
ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure Apr 16th
The same ChatGPT chatbot that gave OpenAI’s chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her most mundane tasks at work like summarizing her emails and Slack messages..... More »
MONEY.CA – Money Magazine and Money Media May 2nd
MONEY.CA is highly ranked on yahoo google bing and youtube and is popular with social media, Canadian financial consumers and is a favorite of The Advisor Channel. MONEY represents Canadian money at the highest level. MONEY online is the destination place for the average Canadian who needs to make,.... More »
How should a 24-year-old invest now to minimize taxes in the future? + MORE Dec 5th
Q. I’m 24 years old and have a dilemma. I have made the maximum contributions to my Tax-Free Savings Account (TFSA) every year, and now I’m wondering what money moves I should make next. By that, I mean what is the best investment route for me at this stage of my life so that I pay the least amo.... More »
Use an electricity calculator to cut costs
– moneysense.ca
Are you militant about turning off the lights in your home? Have you signed up for Peaksaver (an electricity savings program offered to Ontario homeowners) or something equivalent? Do you examine your electricity bill to determine if you can cut use and costs?
Then you’ll probably be interested in electricity calculators. These online calculators can give you usage and estimated costs for everyday electrical usage. For example, do you wonder how much that light bulb in your bedroom costs when kept turned on? Maybe you’d like to know how much it costs to run your coffee? And what about that air conditioner unit? Using these online calculators you don’t have to sort through mathematical formulas to get an answer. Instead, plug in a few numbers and these calculators calculate the cost for you.
→ Appliance electricity cost calculator (from HydroOne.com)
→ Electricity cost calculator (from HydroOne.com)
→ Electricity bill calculator (from RapidTables.com)
For real estate investors with property in the U…
Then you’ll probably be interested in electricity calculators. These online calculators can give you usage and estimated costs for everyday electrical usage. For example, do you wonder how much that light bulb in your bedroom costs when kept turned on? Maybe you’d like to know how much it costs to run your coffee? And what about that air conditioner unit? Using these online calculators you don’t have to sort through mathematical formulas to get an answer. Instead, plug in a few numbers and these calculators calculate the cost for you.
→ Appliance electricity cost calculator (from HydroOne.com)
→ Electricity cost calculator (from HydroOne.com)
→ Electricity bill calculator (from RapidTables.com)
For real estate investors with property in the U…
How artificial intelligence is transforming financial risk management
– canadianbusiness.com
(Iker Ayestaran)When an investment firm requested a search of documents related to Sino-Forest Corp., the Chinese forestry giant once listed on the Toronto Stock Exchange, a due diligence software engine dubbed The Brain came up with an article that asserted the company didn’t appear to own as much land as it claimed to. Unfortunately for Sino-Forest’s shareholders, this search took place years after the RCMP and Ontario Securities Commission accused the company of fraud in 2011. The article The Brain found, however, predated the investigation by several months. “Research analysts would have loved to have had that article years ago, but everyone missed it,” says Dan Adamson, one of The Brain’s developers.
Meet the artificial intelligence tech your company can use today
Adamson, 40, is the president and CEO of DDIQ (Due Diligence Intelligence Quotient), an offshoot of Toronto artificial intelligence (AI) startup OutsideIQ focused on applying the technology to investment research…
Futures point to positive open ahead of U.S. Federal Reserve minutes
– canadianbusiness.com
TORONTO – The futures market pointed to a positive open for U.S. stocks ahead of the release of the minutes for the U.S. Federal Reserve’s last meeting.
Investors are expected to scrutinize the report for any hints about an expected interest rate increase next month.
Higher rates tend to weigh on stock markets, but investors have mostly become prepared for the Fed to act in December.
On the commodity markets, the December gold contract fell 90 cents to US$1,067.70, while the January crude oil contract gained 30 cents at US$42.01 per barrel.
The December contract for natural gas was up 0.9 of a cent at US$2.380
The Canadian dollar was down 0.17 of a cent at 74.97 cents U.S.
The post Futures point to positive open ahead of U.S. Federal Reserve minutes appeared first on Canadian Business – Your Source For Business News.
Investors are expected to scrutinize the report for any hints about an expected interest rate increase next month.
Higher rates tend to weigh on stock markets, but investors have mostly become prepared for the Fed to act in December.
On the commodity markets, the December gold contract fell 90 cents to US$1,067.70, while the January crude oil contract gained 30 cents at US$42.01 per barrel.
The December contract for natural gas was up 0.9 of a cent at US$2.380
The Canadian dollar was down 0.17 of a cent at 74.97 cents U.S.
The post Futures point to positive open ahead of U.S. Federal Reserve minutes appeared first on Canadian Business – Your Source For Business News.
Semiconductor maker Microsemi boosts its buyout offer for PMC-Sierra
– canadianbusiness.com
NEW YORK, N.Y. – Microsemi, a maker of semiconductors, boosted its buyout offer for chipmaker PMC-Sierra again, two days after PMC-Sierra said it preferred a deal with rival Skyworks.
Microsemi Corp. is now offering a mix of cash and stock valued at about $12.05 for each share of PMC-Sierra, up from the $11.88 per share in cash and stock it offered late last month. It’s the second time Microsemi has boosted its offer.
The latest offer from Microsemi, based in Aliso Viejo, California, is worth about $2.4 billion.
On Monday, PMC-Sierra said an offer from Skyworks of $11.60 per share was a better deal because it would be paid in all cash.
Representatives for Sunnyvale, California-based PMC-Sierra Inc. and Woburn, Massachusetts-based Skyworks Solutions Inc. did not immediately respond to a request of comment Wednesday morning.
The post Semiconductor maker Microsemi boosts its buyout offer for PMC-Sierra appeared first on Canadian Business – Your Source For Business News.
Microsemi Corp. is now offering a mix of cash and stock valued at about $12.05 for each share of PMC-Sierra, up from the $11.88 per share in cash and stock it offered late last month. It’s the second time Microsemi has boosted its offer.
The latest offer from Microsemi, based in Aliso Viejo, California, is worth about $2.4 billion.
On Monday, PMC-Sierra said an offer from Skyworks of $11.60 per share was a better deal because it would be paid in all cash.
Representatives for Sunnyvale, California-based PMC-Sierra Inc. and Woburn, Massachusetts-based Skyworks Solutions Inc. did not immediately respond to a request of comment Wednesday morning.
The post Semiconductor maker Microsemi boosts its buyout offer for PMC-Sierra appeared first on Canadian Business – Your Source For Business News.
Former Olympic rower missing from Victoria
– macleans.ca
VANCOUVER — At least three investigations are underway in the case of an investment dealer and former Canadian Olympic rower who has gone missing from Victoria.
Investia Financial Services Inc. has launched a probe into the activities of Harold Backer, who is also the subject of two missing-persons investigations — in his hometown and in Washington state.
The Victoria Police Department has said Backer, 52, told his wife on Nov. 3 that he was going for a bike ride but failed to return home.
“Harold’s family needs to know that he is safe,” the department said in a statement asking for the public’s help in finding Backer.
Police in Port Angeles, Wash., said last week that an officer who viewed video from a street security camera on Nov. 3 noted a man fitting Backer’s description was aboard a ferry from Victoria, a 90-minute trip away.
Please help @vicpdcanada @PAPOLICE Help locate Harold Backer. #findingharoldbacker https://t.co/1zL6U3yvva pic.twitter…
Investia Financial Services Inc. has launched a probe into the activities of Harold Backer, who is also the subject of two missing-persons investigations — in his hometown and in Washington state.
The Victoria Police Department has said Backer, 52, told his wife on Nov. 3 that he was going for a bike ride but failed to return home.
“Harold’s family needs to know that he is safe,” the department said in a statement asking for the public’s help in finding Backer.
Police in Port Angeles, Wash., said last week that an officer who viewed video from a street security camera on Nov. 3 noted a man fitting Backer’s description was aboard a ferry from Victoria, a 90-minute trip away.
Please help @vicpdcanada @PAPOLICE Help locate Harold Backer. #findingharoldbacker https://t.co/1zL6U3yvva pic.twitter…
