RBC appoints former Habs draft pick as president of U.S. division + MORE Mar 31st

How to go about securing the best return for your investment in Canada.
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Canadian seniors, watch out for these scams + MORE Mar 29th

You don’t have to be a senior to be aware that scams of all sorts abound in both the physical and—increasingly—the cyber world. Sadly, the rise of artificial intelligence (AI) has exacerbated frauds of all kinds. While anyone can fall prey to technology-enabled schemes to separate them from th.... More »

Energy stocks fail to lift Toronto market, U.S. markets pare recent gains Apr 11th

Canada's main stock index ended down slightly Wednesday despite strong gains in energy and gold stocks, while U.S. markets retreated from a rally a day earlier..... More »

Toronto real estate: 100,000 jobs at risk as new home sales drop to lowest level in 45 years Jan 22nd

The situation is “absolutely dire," according to a new report from the Building Industry and Land Development Association (BILD)..... More »
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May 2017 Dividend Income Update + MORE Jun 6th

Save, invest, prosper with My Own Advisor. May 2017 Dividend Income Update Welcome to my latest dividend income update.  For those of you new to these posts on my site, every month I discuss my approach to investing using Canadian dividend paying stocks and Exchange Traded Funds (ETFs), and how rei.... More »
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Fairfax vs. Berkshire Hathaway: Here's the one most likely to produce the better returns + MORE Nov 13th

Watsa and Buffett follow similar steps in stock selection, but differ in what they view as desirable .... More »
Tom Sagissor was drafted by the Montreal Canadiens in 1985 before beginning his financial career 9 years later

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Forty percent of chief financial officers say they’ve seen an increase in employees asking for reimbursement for inappropriate items, like toilet paper, cosmetic surgery and cigars, according to a new survey.

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Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,494.36, down 9.62 points):
GeneNews Ltd. (TSX:GEN). Health-care. Up six cents, or 52.17 per cent, to 17.5 cents on 9.1 million shares.
Pacific Exploration & Production Corp. (TSX:PRE). Oil and gas. Up 17 cents, or 25.76 per cent, to 83 cents on 8.6 million shares.
Kinross Gold Corp. (TSX:K). Miner. Down three cents, or 0.67 per cent, to $4.43 on 7.5 million shares.
Gran Tierra Energy Inc. (GTE). Oil and gas. Down 20 cents, or 5.81 per cent, to $3.24 on 7.2 million shares.
Pengrowth Energy Corp. (TSX:PGF). Oil and gas. Up 17 cents, or 11.11 per cent, to $1.70 on 5.9 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 25 cents, or 3.26 per cent, to $7.92 on 5.8 million shares.
Companies reporting major news:
Cara Operations Ltd. (TSX:CAO). Restaurants. Up $2.50, or 9.38 per cent, to $29.15 on 333,761 shares. The owner of Swiss Chalet and a number of other widely known restaurant brands is buying St-Hubert for $537 million, giving it a major presence in Quebec, including a chain of franchised restaurants, a food manufacturing and distribution business and about 10,000 employees…

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TORONTO – With tax season upon us, some Canadians may be exploring new options for filing their returns this year.
Should you hire an accountant? Or do them yourself on a computer or on paper? Experts say the answer to that question depends on how complicated your financial situation is and how comfortable you are with taking on the task.
Last year, the Canada Revenue Agency received 23.4 million (81 per cent) electronic returns compared with 5.4 million (19 per cent) paper returns. It notes that the number of people filing their personal tax returns electronically, either on their own or via a tax professional, has been steadily increasing over the past five years.
Adriana Harper with H&R Block says Canadians who are looking to save money at tax time can consider using readily available free software…

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