How McPhee held GMs 'hostage' to accumulate assets – TSN + MORE Jun 22nd

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Close to retirement? Don’t panic, say financial experts Mar 22nd

If you are going to dip into your savings, do so in a planned way and track what you remove..... More »
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Weinstein Co. expected to file for bankruptcy + MORE Feb 26th

The Weinstein Co.'s board of directors says it is expected to file for bankruptcy protection after last-ditch talks to sell its assets collapsed..... More »

Oaken Financial review 2020  Apr 24th

Table of contents Who is Oaken Financial? Oaken Financial review Oaken Financial GICs Oaken Financial’s High-Interest Savings Account Is Oaken Financial right for me? There are plenty of options for saving and investing in Canada, whether it’s via high-interest savings accounts, TFSAs, RR.... More »

The Canadian mortgage stress test, explained Jul 18th

The Canadian mortgage stress test applies to anyone applying for a mortgage, refinancing their current home loan, or renegotiating the terms of their mortgage contract with a federally regulated lender. And while provincially regulated lenders have more flexibility when it comes to mortgage app.... More »

Websites share Toronto home data after court rules sale prices can't be kept secret + MORE Dec 6th

Some websites already have selling prices posted for Toronto homes after a legal ruling saying the Toronto Real Estate Board has no right to keep sold prices secret. But real estate agencies are being cautious..... More »
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 »

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Recent gains may suggest the worst is over for the alternative lender, and if the risk subsides, so too will the opportunity

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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…

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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…

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