Loblaw closing 22 stores, launching home delivery ahead of ‘difficult year’ + MORE Nov 15th

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Private Equity Investments: How to protect yourself against the risks + MORE Dec 17th

For high net worth investors, the sustained growth of private equity markets in recent years is providing an attractive proposition. Out have gone the hedge funds that seemed to be more in vogue with investors before the global financial crisis. And in comes the private equity market; buoyed a gener.... More »
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Can Copy Trading Help to Grow Your Wealth? + MORE Jan 18th

Copy trading is the next big thing in the financial markets. The feature doesn’t just let you see how other, more experienced traders manage their portfolios, but copy their moves and investment decisions directly. It all happens in real-time and allows you to earn a gross return on your investmen.... More »

What a mutual fund flop, part-time jobs and a box of Nerds taught Sandy Yong about managing her money May 19th

Sandy Yong loves learning, writing and talking about money. So much so, in fact, that she wrote a book about personal finance: The Money Master. She’s also penning a new column for MoneySense, called Making It, to help Gen Z get a better grip on their finances. Yong wants to people feel less anxio.... More »

On the Street: Drivers react to B.C.'s driver gas price rebate - Kelowna News - Castanet.net Mar 26th

On the Street: Drivers react to B.C.'s driver gas price rebate - Kelowna News  Castanet.netBC's gas relief rebate met with criticism  CBC News: The NationalB.C. government announces gas relief rebate of $110 for ICBC customers  CBC.caDrivers to receive $110 rebate throu.... More »
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The best dividend stocks in Canada 2024 + MORE Jan 10th

Overview Top 100 Dividend Stocks Past Performance Methodology It has been a lousy couple of years for dividend inv.... More »
TORONTO _ The Ontario Securities Commission is holding a hearing today at the request of a Hudson’s Bay Co. activist investor to review a Toronto Stock Exchange decision concerning shares involved in the sale of a New York City property.
Land & Buildings Investment Management LLC applied on Monday for the regulator to review the TSX’s Nov. 7 decision to provide conditional support to Rhone Capital’s $632-million equity investment in the form of eight-year mandatory convertible preferred shares.
The funding was part of a deal that included the sale of HBC’s (TSX:HBC) Lord & Talyor Fifth Avenue building to WeWork Property Advisors for nearly $1.1 billion and to pursue a strategic alliance with WeWork to pursue future real estate transactions.
The owner of Hudson’s Bay, Saks Fifth Avenue and Lord & Taylor said it expects Rhone will initially hold a 21.8 per cent voting and equity interest in the company on a partially diluted basis and that could grow to 30 per cent if the preferred shares are held to their eight-year maturity…

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How to boost your retirement income by 50%Flickr
If you were told there was a way to boost your income in retirement by 50% it would no doubt get your attention. It certainly got my attention, in a paper in a recent issue of the Journal of Retirement. The paper was co-authored by one of MoneySense’s panelists for the annual ETF All Stars panelists: Mark Yamada, president and CEO of Toronto-based PUR Investing Inc. The co-author is his colleague Ioulia Tretiakova, the firm’s director of quantitative strategies.
You might find the paper is bit too complex but this column aims to explain it in layman’s terms. While the strategy might be hard to replicate, it may at least get you thinking about your nest egg in a different way and lead to some good discussion with your advisor. It’s a new way to look at whether you should target income generation or maximizing returns when you maintain your nest egg in retirement. The paper is called “Autonomous Portfolio: A Decumulation Investment Strategy That Will Get You There…

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Home sales across Canada in October were up by a seasonally adjusted “modest” increase of 0.9 per cent from September, the Canadian Real Estate Association said Wednesday.

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VANCOUVER _ Loblaw Companies Ltd. is closing 22 stores and launching home delivery in two major Canadian cities, ahead of what it believes will be a challenging new year.
The grocery and pharmacy giant has finalized a plan that will result in the closure of 22 unprofitable stores across a range of its banners and formats, said spokeswoman Catherine Thomas in an email, who declined to provide specific store locations. The store closures are expected to be mostly complete by the end of the first quarter next year.
“We are excited about our future. But given all of the headwinds, we expect 2018 will be a very difficult year,” said Galen G. Weston, Loblaw CEO, during a call with analysts following the company’s earnings report.
Canadian grocers face increasing pressure from several fronts, including discount and online retailers, and pending minimum wage increases in some provinces.
Loblaw has already made several moves in recent months that some analysts attribute, at least in part, to cost pressures…

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Double Majors: they help with landing a job (but only a bit)Biology class 2F03 with instructor Patricia Chow-Fraser, at McMaster University on Sept 21, 2017. (Photograph, Hannah Yoon)
Canadian data is non-existent on whether earning a double major makes it easier to find work. For starters, Statistics Canada does not even count the number of double majors, nationally, because of variable reporting patterns by universities. But American research offers clues.
Last May, the Brookings Institution, a Washington, D.C. think tank, released a report that showed significant variations in post-graduation job earnings within the same major. For example, the 1.2 per cent of philosophy majors who became management analysts earned a median salary of US$72,000, while the eight per cent from the same discipline who became professors and lecturers earned only US$51,000. “Different career paths and the associated earnings differences for students with the same college major are pervasive and important for understanding both the benefits of college majors and of college itself,” the report concluded…

Continue Reading On macleans.ca »

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