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House rich: How to access the equity in your home + MORE Nov 16th
With the national average home price up a record 18.5% in August 2020 compared to the same time last year, more Canadians than ever have a significant portion of their wealth tied up in their homes.
Who are these “house rich” homeowners? They range widely—from retirees on a fixed income, to ba.... More »
Hungary PM's relationship with Putin is now at the centre of his country's election campaign - CBC News Apr 2nd
Hungary PM's relationship with Putin is now at the centre of his country's election campaign CBC NewsOpposition vows end to Orban's autocratic rule in Hungary Toronto StarA Stock Trader's Guide to Hungary's Election and What Follows BNNDivision in Hungary as Prime Mi.... More »
This detached home in Toronto listed for $699,900 seemed like a steal. Why did no one bite? Jul 22nd
It could be a steal for a new family that doesn’t mind the size, but a real estate expert believes there could be some other underlying issues with the place that you need to watch out for..... More »
Canada's Remembrance Day ceremonies mark 100-year anniversary of First World War armistice - Globalnews.ca Nov 11th
Globalnews.caCanada's Remembrance Day ceremonies mark 100-year anniversary of First World War armisticeGlobalnews.caWATCH: In this special Remembrance Day tribute, we look at key battles from the First World War in which Canadians were the secret weapon that helped the Allies win. X. - A A +. L.... More »
How does withholding tax work when I unwind my RRSP? + MORE Dec 17th
When will Ottawa take a tax cut of your RRIF withdrawals and what you should do about that. (Flickr)
Q. “What is the withholding amount on RRIF withdrawals and how should I plan my retirement income with this in mind. I’m confused.” – Margaret
It’s good to understand w.... More »
With $2-billion warchest, Open Text goes back on the hunt
– theglobeandmail.com
Despite earnings disappointments, enterprise-software giant continues search for acquisitions following Dell-division purchase
In B.C. the Green Party’s power buds
– macleans.ca
Green Party Leader Andrew Weaver gets out of a vehicle to stop to talk to reporters outside a campaign stop by NDP Leader John Horgan in Nanaimo, B.C., on Friday May 5, 2017. A provincial election will be held on Tuesday. (Darryl Dyck/CP)The emergence of the B.C. Green Party as establishment power broker was a twist few expected when British Columbians went to the polls this week. Christie Clark’s Liberals winning 43 seats, the NDP 41 seats and Greens three (with recounts pending), thrust B.C. Green Party leader Andrew Weaver into the unexpected role of, if not kingmaker, then key court negotiator. The election saw the Greens bud if not bloom: the party tripled their seats and double popular vote to an estimated 16 percent. Weaver, a former climate scientist, proclaimed the victory “the first ever Green-elected caucus in North America.”
As to how the Green’s newfound leverage will be wielded, Weaver’s not tipping his cap. He told reporters it’s too soon to make any decisions about forming coalitions or informal working agreements with other parties, and that he is less interested in political gain than moving Green policies forward…
B.C. election brings unwelcome uncertainty for business as Greens hold balance
– canadianbusiness.com
British Columbia’s election has brought unwelcome doubt for the business sector, given the prospect of an ascendant Green party influencing policy on pipelines, natural gas exports, hydroelectricity and other resource projects.
Christy Clark’s Liberal party took 43 seats, two ahead of the NDP, but just shy of the 44 seats needed to take a majority. Recounts and absentee ballots could still sway the final tally, such as with the Courtenay-Comox riding swinging to the NDP by a mere nine votes.
As it stands, the anti-pipeline, anti-fracking, anti-liquefied natural gas Greens hold the balance of power with their three seats, though party leader Andrew Weaver has said he is open to compromise and his top priority is to remove big money from politics.
The results only create more unpredictability for the Trans Mountain pipeline expansion, shale gas development and the Site C hydro dam that is already under construction, said Martin Pelletier, managing director at TriVest Wealth Council…
Christy Clark’s Liberal party took 43 seats, two ahead of the NDP, but just shy of the 44 seats needed to take a majority. Recounts and absentee ballots could still sway the final tally, such as with the Courtenay-Comox riding swinging to the NDP by a mere nine votes.
As it stands, the anti-pipeline, anti-fracking, anti-liquefied natural gas Greens hold the balance of power with their three seats, though party leader Andrew Weaver has said he is open to compromise and his top priority is to remove big money from politics.
The results only create more unpredictability for the Trans Mountain pipeline expansion, shale gas development and the Site C hydro dam that is already under construction, said Martin Pelletier, managing director at TriVest Wealth Council…
Short sellers target Bombardier ahead of earnings
– theglobeandmail.com
Transportation giant has become the most shorted company on the TSX
Kinder Morgan looking to raise $1.75 billion in Trans Mountain pipeline IPO
– canadianbusiness.com
Kinder Morgan Canada is looking to raise $1.75 billion through an initial public offering of assets including the Trans Mountain pipeline system.
In an updated prospectus filed Wednesday, the company said it’s looking to sell shares at between $19 and $22 to help fund the $7.4 billion Trans Mountain Expansion Project, rather than using a joint venture to fund it.
The Kinder Morgan Canada Ltd. Partnership would hold both the Trans Mountain pipeline and the expansion project, the Puget Sound pipeline system in Washington State, a condensate pipeline, along with storage and terminals along the pipeline routes.
Houston-based Kinder Morgan would still hold a majority share, with as much as a 77 per cent interest in the entity.
The U.S. company said it’s confident in interest from the investment community for the deal. The regulatory filing said Kinder Morgan Canada aims to close the IPO the week of May 29.
The filing comes a day after the B.C. election in which the Liberal party, which supports the pipeline, won 43 seats, one short of a majority…
In an updated prospectus filed Wednesday, the company said it’s looking to sell shares at between $19 and $22 to help fund the $7.4 billion Trans Mountain Expansion Project, rather than using a joint venture to fund it.
The Kinder Morgan Canada Ltd. Partnership would hold both the Trans Mountain pipeline and the expansion project, the Puget Sound pipeline system in Washington State, a condensate pipeline, along with storage and terminals along the pipeline routes.
Houston-based Kinder Morgan would still hold a majority share, with as much as a 77 per cent interest in the entity.
The U.S. company said it’s confident in interest from the investment community for the deal. The regulatory filing said Kinder Morgan Canada aims to close the IPO the week of May 29.
The filing comes a day after the B.C. election in which the Liberal party, which supports the pipeline, won 43 seats, one short of a majority…
