How to do a background check on financial advisers + MORE Jun 7th

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Carney’s minority government stakes its survival on the plan that books more than $141 billion in new federal spending over the next five years..... More »

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When Vida Gabriel was working on her master’s at the University of Ottawa in 2017, she met Sean Wilson, a chemical engineer, at a student holiday potluck where Wilson drew her name for Secret Santa. Gabriel, who was studying how to make polymers biodegradable, offered to help Wilson with grant app.... More »
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Wall Street declines after Trump's fresh tariffs on Canada - Reuters + MORE Mar 11th

Wall Street declines after Trump's fresh tariffs on Canada  ReutersMarkets today: Wall Street’s sell-off worsens after Trump ups the ante in his trade war  CTV NewsDow tumbles as stock market rout continues  CNNThe Daily Chase: Escalator up, elevator down  B.... More »
NEW YORK, N.Y. – Shopping for a financial adviser? Make sure to do a background check first.
A few quick internet searches can save you from handing over your money to a fraudster or someone who has racked up complaints from past customers.
Running into someone with a less-than-stellar record can be more common than you think. As many as 20 per cent of brokers at some of the country’s largest financial institutions have disciplinary records, according to a March study by researchers at the University of Chicago and the University of Minnesota.
It’s up to you to do the research and ask questions to protect your money. Here’s how:
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CHECK THEIR HISTORY
Typically, advisers fall into two categories. They are either brokers, who buy or sell stocks on your behalf, or investment advisers, who charge a fee for advice.
If the person you are considering is a broker, they should be able to be found at brokercheck.finra.org , which is run by the Financial Industry Regulatory Authority…

Continue Reading On canadianbusiness.com »

BERLIN – German industrial production rose 0.8 per cent in April, making up most of the decline from a month earlier.
Industrial production had fallen 1.1 per cent in March.
The figures released Tuesday by the Economy Ministry showed the production of investment goods rose 2.2 per cent and manufacturing increased 1.1 per cent in April.
Construction in Europe’s biggest economy fell 1.7 per cent since March.
The post German industrial production up 0.8 per cent in April appeared first on Canadian Business – Your Source For Business News.

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Ottawa is considering a system, called “asset recyling,” that could see different levles of government lease or sell parts of mature public assets

Continue Reading On theglobeandmail.com »

Wealthy next door neighbour is buying Playboy mansion(Photo by John Salangsang/Invision/AP, File)
LOS ANGELES – Hugh Hefner’s Playboy Mansion is about to acquire a new owner – the wealthy businessman who lives next door.
Representatives for Playboy Enterprises and Daren Metropoulos confirmed Monday that Metropoulos’ bid to buy Hefner’s man cave is in escrow.
Both sides declined to reveal the sale price until escrow closes, but a representative for Metropoulos said terms would allow Playboy Magazine’s 90-year-old founder to remain in the mansion for the rest of his life.
The home in LA’s fashionable Holmby Hills was originally listed at $200 million, but local real estate agents said at the time that appeared ridiculously overpriced. A nearby property sold last year for $59 million.
Metropoulos bought his current home next door to the mansion from Hefner in 2009 for $18 million.
The mansion, the scene of countless celebrity-filled parties and innumerable tales of sexual shenanigans, was built in 1927 and purchased by Playboy Enterprises in 1971 for $1…

Continue Reading On macleans.ca »

Toronto LifeThe Four Seasons is apparently up for saleToronto LifeReuters reports that an investment group owned by a Saudi prince is looking for a buyer for Toronto's Four Seasons Hotel. Alwaleed bin Talal, whom Bloomberg pegs as the world's 38th richest man, bought an ownership stake in the Four Seasons' parent …and more »

Continue Reading On Torontolife.com »

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