How to go about securing the best return for your investment in Canada.
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LVMH luxury group in talks to buy French newspaper, 8 years after buying financial daily + MORE May 26th
PARIS – The world’s No. 1 luxury goods company LVMH is in talks to buy respected French newspaper Le Parisien, a purchase that would complement its other media holding, the financial daily Les Echos.
A statement issued on Tuesday by LVMH said that it was in exclusive negotiations with th.... More »
Simplifying the ETF Selection Process: A Step-by-Step Guide to Finding the Perfect Fund + MORE Jan 18th
Investing in exchange-traded funds (ETFs) has become increasingly popular in recent years, and for a good reason. ETFs offer a convenient and cost-effective way to invest in diverse assets, from stocks and bonds to real estate and commodities. However, with thousands of ETFs to choose from, it can b.... More »
What happens when you need additional contents insurance? Apr 1st
When Anita Clarke bought her first townhome in Toronto’s west end last year, she started researching insurance policies. The 47-year-old senior managing editor at Shopify previously had tenant insurance with a contents limit of $90,000. But, as she moved into her new home, she wanted to make .... More »
Managing debt to build wealth + MORE Aug 21st
It’s an eyebrow-raising trend: non-mortgage delinquencies have reached levels not seen since 2009, according to a report by Equifax, one of the three largest consumer credit reporting agencies. Specifically, 1.4 million people in Canada have recently missed a credit payment.
But it’s no.... More »
90 days - 3.00% + MORE Feb 18th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-01-06. Click on the link above to get more details or apply online..... More »
World’s largest online crowdfunding platform now officially open to Canadians
– canadianbusiness.com
TORONTO – Canadian entrepreneurs seeking financial support got a boost Monday as the world’s largest online crowdfunding platform officially moved north of the border.
New York-based Kickstarter launched in Canada amidst a four-day visit to Toronto by co-founder Yancey Strickler.
Strickler says the company had long wanted to move into Canada but was kept away due to financial regulations.
Kickstarter’s crowdfunding model, in which investors pledge cash toward a project or business in exchange for products and perks, only grants money to entrepreneurs if the entire funding goal is met.
If the target is not met by a set date, the money goes back to those who pledged.
Strickler said regulatory “red tape” slowed Kickstarter’s expansion into Canada.
“It’s not specific to Canada. We have a very unique model. People are only charged if funding goals are met,” he said.
“As we expand into other countries, there’s just a lot of work that has to go into place…
New York-based Kickstarter launched in Canada amidst a four-day visit to Toronto by co-founder Yancey Strickler.
Strickler says the company had long wanted to move into Canada but was kept away due to financial regulations.
Kickstarter’s crowdfunding model, in which investors pledge cash toward a project or business in exchange for products and perks, only grants money to entrepreneurs if the entire funding goal is met.
If the target is not met by a set date, the money goes back to those who pledged.
Strickler said regulatory “red tape” slowed Kickstarter’s expansion into Canada.
“It’s not specific to Canada. We have a very unique model. People are only charged if funding goals are met,” he said.
“As we expand into other countries, there’s just a lot of work that has to go into place…
How the Fat Years Were Born
– online.wsj.com
The 25 years after Reagan’s tax cuts saw unprecedented wealth creation and progress. America’s net worth exploded by $40 trillion. Stephen Moore reviews Lawrence B. Lindsey’s “The Growth Experiment Revisited.”
Richardson GMP buys Macquarie’s Canadian wealth management unit
– theglobeandmail.com
Deal worth $132-million reflects bulking up by independent brokerages to compete with the big banks
FDIC selling $2.4B in Citigroup bonds issued during crisis; ends government holding in bank
– canadianbusiness.com
WASHINGTON – The U.S. government is selling $2.4 billion in bonds issued by Citigroup Inc. during the financial crisis in exchange for federal guarantees against the bank’s possible losses.
The sale by the Federal Deposit Insurance Corp. ends the government’s holdings in the third-largest U.S. bank. Citigroup said in a regulatory filing Monday that it won’t receive any proceeds from the sale.
The FDIC received the bonds in November 2008 for guaranteeing hundreds of billions in potential losses on loans made by Citigroup. Citigroup was the only bank in which the FDIC took a stake during the crisis.
New York-based Citigroup was one of the hardest-hit banks during the crisis. It received a $45 billion bailout from the Treasury Department, one of the largest of the rescue program. Citigroup repaid the bailout.
The post FDIC selling $2.4B in Citigroup bonds issued during crisis; ends government holding in bank appeared first on Canadian Business.
The sale by the Federal Deposit Insurance Corp. ends the government’s holdings in the third-largest U.S. bank. Citigroup said in a regulatory filing Monday that it won’t receive any proceeds from the sale.
The FDIC received the bonds in November 2008 for guaranteeing hundreds of billions in potential losses on loans made by Citigroup. Citigroup was the only bank in which the FDIC took a stake during the crisis.
New York-based Citigroup was one of the hardest-hit banks during the crisis. It received a $45 billion bailout from the Treasury Department, one of the largest of the rescue program. Citigroup repaid the bailout.
The post FDIC selling $2.4B in Citigroup bonds issued during crisis; ends government holding in bank appeared first on Canadian Business.
TORONTO – Canadian entrepreneurs seeking financial support got a boost Monday as the world’s…
