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The best credit cards in Canada for 2023 Oct 25th
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Using The Wealth Formula to boost investment success + MORE Jan 8th
For many Canadians, learning investment basics can lead to smarter choices and, ultimately, a better retirement. A good starting point is understanding the fundamental elements that determine investment success or failure. These elements can be summed up in a simple equation I call “The Wealth For.... More »
Food is getting more expensive. The Star’s Millennial Money financial expert offers tips on how to manage your food budget + MORE Dec 28th
In this special edition of Millennial Money, coach Jason Heath shares how his family handles grocery shopping and takeout amid rising food costs..... More »
Canada Goose, Lightspeed report earnings + MORE May 16th
Two Canadian companies report their fourth-quarter earnings this week, along with some other news.
Canada Goose reports $5M Q4 profit, YOY revenue up 22%
Canada Goose Holdings Inc. (TSX:GOOS) reported a profit in its fourth quarter compared with a loss a year earlier as its revenue rose 22%. T.... More »
Saudi Arabia freezes new trade, investment after Canada demands activists be freed - CBC.ca + MORE Aug 6th
CBC.caSaudi Arabia freezes new trade, investment after Canada demands activists be freedCBC.caSaudi Arabia says it has ordered Canada's ambassador to leave the country, and is freezing all new trade and investment transactions with Canada in a spat over human rights. Ottawa is 'seeking gre.... More »
Chinese energy company CEFC acquires majority 59.97 pc stake in Czech club Slavia Prague
– canadianbusiness.com
PRAGUE – Slavia Prague says CEFC China Energy Company has acquired a majority 59.97 per cent stake in the oldest Czech football club.
Slavia, in financial trouble in recent years, says the change is meant to ensure a quick financial stabilization of the club and its long-term development.
In a statement on Friday, the club says Fly Sport, a company owned by Czech businessman Jiri Simane, has a 39.97 stake.
Former Czech Transport Minister Ales Rebicek was the previous owner of Slavia.
The move was announced after CEFC recently bought two palaces in Prague, and increased its stake in the Czech-Slovak J&T Finance Group.
The post Chinese energy company CEFC acquires majority 59.97 pc stake in Czech club Slavia Prague appeared first on Canadian Business – Your Source For Business News.
Slavia, in financial trouble in recent years, says the change is meant to ensure a quick financial stabilization of the club and its long-term development.
In a statement on Friday, the club says Fly Sport, a company owned by Czech businessman Jiri Simane, has a 39.97 stake.
Former Czech Transport Minister Ales Rebicek was the previous owner of Slavia.
The move was announced after CEFC recently bought two palaces in Prague, and increased its stake in the Czech-Slovak J&T Finance Group.
The post Chinese energy company CEFC acquires majority 59.97 pc stake in Czech club Slavia Prague appeared first on Canadian Business – Your Source For Business News.
North American markets fall, Canadian dollar falls
– canadianbusiness.com
TORONTO – The Toronto Stock Exchange and major U.S. markets were down in early trading Friday morning.
The S&P/TSX composite index was down 92.49 points at 13,503.92, after climbing 51.16 points on Thursday.
The Dow Jones industrial average was down 187.60 points at 16,187.16, the broader S&P 500 index fell 19.22 points to 1,931.91 and Nasdaq declined 33.92 to 4,699.58.
The loonie traded at 75.57 cents US, down 0.22 of a U.S. cent from Thursday’s close.
On the commodity markets, the December gold contract rose $8.70 to US$1,125.60 an ounce, the October crude contract was down 50 cents at US$46.25 a barrel and the October contract for natural gas was down three cents at US$2.69.
The post North American markets fall, Canadian dollar falls appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index was down 92.49 points at 13,503.92, after climbing 51.16 points on Thursday.
The Dow Jones industrial average was down 187.60 points at 16,187.16, the broader S&P 500 index fell 19.22 points to 1,931.91 and Nasdaq declined 33.92 to 4,699.58.
The loonie traded at 75.57 cents US, down 0.22 of a U.S. cent from Thursday’s close.
On the commodity markets, the December gold contract rose $8.70 to US$1,125.60 an ounce, the October crude contract was down 50 cents at US$46.25 a barrel and the October contract for natural gas was down three cents at US$2.69.
The post North American markets fall, Canadian dollar falls appeared first on Canadian Business – Your Source For Business News.
Before the Bell: Futures extend losses after jobs data
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
Northeast Florida seems boom in demand for longleaf pine, pulp and other timber products
– canadianbusiness.com
LIVE OAK, Fla. – The towering grove of century-old longleaf pines surrounding Roger Ward’s family home is a rare site in this verdant swath of north-central Florida — most pines here are cut and processed for profit as soon as their 15-to-18-year growth cycle is complete.
The demand for timber worldwide is booming and this remote section of Florida, along with other timber-growing regions of the southeastern U.S., are benefiting. Dozens of lumber mills and pine straw, bark and wood pellet processing plants have sprung up in north Florida to take advantage of the unique soil composition, lengthy growing season and warm, moist climate in which pine trees thrive.
In a state where undeveloped real estate quickly gives way to neighbourhoods, strip malls, hotels or amusement parks, this timber-rich part of Florida is unique.
Ward jokes that the acres of tall pines constituted his college fund and his parents’ 401k. The family’s fortunes have long been linked to the rise and fall of the timber market…
The demand for timber worldwide is booming and this remote section of Florida, along with other timber-growing regions of the southeastern U.S., are benefiting. Dozens of lumber mills and pine straw, bark and wood pellet processing plants have sprung up in north Florida to take advantage of the unique soil composition, lengthy growing season and warm, moist climate in which pine trees thrive.
In a state where undeveloped real estate quickly gives way to neighbourhoods, strip malls, hotels or amusement parks, this timber-rich part of Florida is unique.
Ward jokes that the acres of tall pines constituted his college fund and his parents’ 401k. The family’s fortunes have long been linked to the rise and fall of the timber market…
Why you should renovate before you sell
– moneysense.ca
For many Canadians, their home is their largest and most important investment, so when it comes time to sell, they want to make sure they receive the best possible return. While some renovations improve the enjoyment we get from our home, others just make good financial sense. Here are some of the best improvements you can make before you sell to ensure you maximize the market value of your home:
Paint
This is one of the most affordable upgrades any homeowner can do. Nothing refreshes a room quicker than a new coat of paint. If you’re selling in the near term, choose neutral colours. White or cream are timeless and make rooms appear larger and brighter. Make sure everything gets a fresh coat, including ceilings, trim and doors. If you only paint the walls, you’ll be surprised how dingy everything else will appear in comparison.
Return on Investment: 107%*
Flooring
Floors can receive a heavy beating so make sure you spend a portion of your budget here. Repairing worn floors and shampooing or replacing carpets are easy and affordable ways to quickly improve any room in your home…
