How to go about securing the best return for your investment in Canada.
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Best in show: How to find and invest in market leaders Apr 5th
Canadians approach retirement planning in many different ways, but there’s one thing we can all benefit from: a strategy to save enough to retire comfortably and even generate income after we stop working.
But many of us don’t feel financially ready to stop working. According to a 2022 survey.... More »
Managing tax in a “tenancy in common” situation Nov 25th
Q. I am a co-owner of a cottage in Ontario. The other co-owner would like to buy out my 50% share of the cottage as tenant in common. Do I have to claim capital gains if the cottage isn’t being sold?
–Claudia
A. Real estate is commonly owned as joint tenants, with rights of survivorship by spous.... More »
This 29-year-old was laid off early in the pandemic. She recently found a job, but now her investment property sits vacant. How can she achieve her saving goals? Jan 4th
Sarah has always seen herself as regimented and in control of her money, but this pandemic year has taken her for quite a spin..... More »
Energy stocks fail to lift Toronto market, U.S. markets pare recent gains Apr 11th
Canada's main stock index ended down slightly Wednesday despite strong gains in energy and gold stocks, while U.S. markets retreated from a rally a day earlier..... More »
Biotech stocks: are they worth a shot? May 25th
There’s a hot new investment on the market that wouldn’t have been on many people’s radars only a few weeks ago: COVD-19 vaccine-makers. Since March 16, when quarantine began in earnest, Moderna, a Cambridge company that’s making a novel coronavirus vaccine, has climbed by 244%. Novavax, a R.... More »
How McPhee held GMs 'hostage' to accumulate assets – TSN
– news.google.ca
TSNHow McPhee held GMs 'hostage' to accumulate assetsTSNLAS VEGAS — Marc-Andre Fleury emerged from backstage wearing a storm grey Golden Knights sweater, his first in 14 years without a Penguin, and his trademark megawatt smile exploded. Any trepidation Fleury had about the introduction to his new …Roster reveal: Golden Knights select team's first 30 playersThe Globe and MailAfter a year of planning and hard work, Vegas finally has a teamToronto SunGolden Knights select Deryk Engelland in NHL Expansion DraftNational PostToronto Star -CTV News -Washington Post -Times Colonistall 663 news articles »
Canada’s hottest stock was being called worthless just two months ago
– theglobeandmail.com
Recent gains may suggest the worst is over for the alternative lender, and if the risk subsides, so too will the opportunity
Amaya looking to pierce Indian market as it pursues global growth
– canadianbusiness.com
Amaya has its eyes set on India as it looks to grow its online poker business.
“India is quite an exciting market,” CEO Rafi Ashkenazi told reporters Wednesday after the company’s annual meeting where shareholders approved a name change and headquarters relocation to Toronto.
Amaya will become The Stars Group in August when its TSX symbol (TSX:AYA) will also change.
It is opening a head office in downtown Toronto to complement about 300 people who work in technology development in Richmond Hill, north of the city. A small finance office will be maintained for now in Montreal.
Amaya’s chief operating officer is in India working to finalize a structure that will allow the company to operate with an already licenced partner, likely beginning later this year.
India is an attractive market because of its huge population and the penetration of smartphones that exceed the United States, Ashkenazi said.
He said Amaya hopes eventually to capture at least half of the online poker market that could reach US$150 million in a few years…
“India is quite an exciting market,” CEO Rafi Ashkenazi told reporters Wednesday after the company’s annual meeting where shareholders approved a name change and headquarters relocation to Toronto.
Amaya will become The Stars Group in August when its TSX symbol (TSX:AYA) will also change.
It is opening a head office in downtown Toronto to complement about 300 people who work in technology development in Richmond Hill, north of the city. A small finance office will be maintained for now in Montreal.
Amaya’s chief operating officer is in India working to finalize a structure that will allow the company to operate with an already licenced partner, likely beginning later this year.
India is an attractive market because of its huge population and the penetration of smartphones that exceed the United States, Ashkenazi said.
He said Amaya hopes eventually to capture at least half of the online poker market that could reach US$150 million in a few years…
Sears Canada shares plunge on report that it’s preparing to seek court protection
– canadianbusiness.com
Sears Canada’s stock plunged Wednesday morning following a report that it’s preparing to seek court protection from creditors.
The shares (TSX:SCC) fell 21.25 per cent, or 17 cents, to 63 cents on the Toronto Stock Exchange shortly after the market opened Wednesday.
The stock has been on a nosedive in the last year _ losing more than 80 per cent of its value _ and just last week the company warned there was “significant doubt” about its future and that it could be sold or restructured.
Sears Canada didn’t immediately respond for comment.
Bloomberg, citing unnamed people it said were familiar with the matter, reported that the company is preparing to seek court protection from creditors within weeks and that the business could be sold off in pieces.
The Toronto-based retailer and its American counterpart have been suffering from dwindling sales for years as a result of changes to consumer buying patterns and new competition, particularly from online shopping…
The shares (TSX:SCC) fell 21.25 per cent, or 17 cents, to 63 cents on the Toronto Stock Exchange shortly after the market opened Wednesday.
The stock has been on a nosedive in the last year _ losing more than 80 per cent of its value _ and just last week the company warned there was “significant doubt” about its future and that it could be sold or restructured.
Sears Canada didn’t immediately respond for comment.
Bloomberg, citing unnamed people it said were familiar with the matter, reported that the company is preparing to seek court protection from creditors within weeks and that the business could be sold off in pieces.
The Toronto-based retailer and its American counterpart have been suffering from dwindling sales for years as a result of changes to consumer buying patterns and new competition, particularly from online shopping…
