How to go about securing the best return for your investment in Canada.
Latest News
China’s stock market circuit breaker slammed for stoking volatility + MORE Jan 7th
Investors says circuit breaker adds to selling pressure
.... More »
Managing tax in a “tenancy in common” situation Nov 25th
Q. I am a co-owner of a cottage in Ontario. The other co-owner would like to buy out my 50% share of the cottage as tenant in common. Do I have to claim capital gains if the cottage isn’t being sold?
–Claudia
A. Real estate is commonly owned as joint tenants, with rights of survivorship by spous.... More »
Are you secretly anti-wealth? An abundance mindset can help you reach your financial goals Feb 3rd
Having a plan for your money — and a positive attitude — can help you find financial happiness, writes Lesley-Anne Scorgie..... More »
Stock news for investors: Air Canada profit drops more than 50% in Q2 amid “challenging environment” Jul 31st
Here’s a round-up of news for Canadian investors this week.
Air Canada
George Weston
Lightspeed
Bombardier
Gildan Activewear
TFI
Algoma Steel
Featured RRSP Accounts
featured
EQ Bank
.... More »
Restructuring charges drag down CIBC’s profit; boosts dividend + MORE Dec 3rd
Restructuring charges, which totalled $161-million after taxes
.... More »
Ann, Endo, Media General, Eleven Biotherapeutics and JA Solar are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Ann Inc., up $7.69 to $46.40
The Ascena Retail Group is buying the owner of Ann Taylor and Loft in a cash-and-stock deal valued at about $2.16 billion.
Media General Inc., up 93 cents to $16.37
The television station operator said it is opening a new Washington, D.C., bureau and named Jim Osman as the bureau chief.
LeapFrog Enterprises Inc., down 11 cents to $2.08
The educational entertainment company delayed reporting its fourth-quarter financial results as it conducts a required asset test.
Nasdaq
Endo International PLC, down $4.58 to $80.77
The drug developer will spend about $8.05 billion to buy Par Pharmaceutical as it pushes further into the generic-drug market.
Eleven Biotherapeutics Inc., down $8.28 to $3.69
The biopharmaceutical company’s key drug candidate failed to meet its primary goals in a pivotal late-stage clinical trial.
JA Solar Holdings Co…
NYSE
Ann Inc., up $7.69 to $46.40
The Ascena Retail Group is buying the owner of Ann Taylor and Loft in a cash-and-stock deal valued at about $2.16 billion.
Media General Inc., up 93 cents to $16.37
The television station operator said it is opening a new Washington, D.C., bureau and named Jim Osman as the bureau chief.
LeapFrog Enterprises Inc., down 11 cents to $2.08
The educational entertainment company delayed reporting its fourth-quarter financial results as it conducts a required asset test.
Nasdaq
Endo International PLC, down $4.58 to $80.77
The drug developer will spend about $8.05 billion to buy Par Pharmaceutical as it pushes further into the generic-drug market.
Eleven Biotherapeutics Inc., down $8.28 to $3.69
The biopharmaceutical company’s key drug candidate failed to meet its primary goals in a pivotal late-stage clinical trial.
JA Solar Holdings Co…
Shopify IPO could pave the way for Canadian tech startups
– theglobeandmail.com
The retail software company, which doubled its revenue in each of the past two years, is expected to begin trading Thursday on the New York Stock Exchange
Oil-and-gas lobbyists gear up for Alberta NDP’s royalty review
– theglobeandmail.com
Companies will frame the debate in the context of depressed crude oil prices, sector cutbacks in capital spending and the need to compete globally for investment capital
Median price for U.S. vacation homes: US$150,000
– moneysense.ca
U.S. investment and vacation homes still popular (Getty Images / Tom Merton)Were you brave enough to jump in and purchase one or more U.S. vacation homes just after the real estate market tanked in 2007? Or did you wait and purchase state-side property at rock-bottom prices in 2012? A new survey by the U.S.-based National Association of Realtors (NAR) shows that a few number of cash-flush people flocked to the United States to purchase vacation property last year.
According to NAR, vacation sales were up by more than 50% in 2014, compared with 2013 sales and of all the homes bought and sold in 2014, a full 21% were for vacation purposes. The survey also shows that the median price for all these homes was a mere US$150,000 with a median size of 1,500 square feet. The most popular location type for these vacation home purchases was a beach-front spot. However, another interesting statistic from this survey prompts the question: Who’s actually buying up all the U.S. vacation homes? That’s because the 2015 Investment & Vacation Home Buyers Survey reported that the median distance these vacation homes were from the buyer’s principal residence was 200 miles (or approximately 320 kilometres)…
Kathleen Wynne touts Ontario’s investment potential in U.S.
– theglobeandmail.com
Premier pitching her province as a sophisticated high-tech destination and a leader in climate change policy in North America
