Rogue investment advisors owe $23 million in unpaid fines to regulator + MORE Jun 13th

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Elon Musk on Tesla's Cybertruck: 'I wasn't sure if nobody would buy it' - CNBC Feb 5th

Elon Musk on Tesla's Cybertruck: 'I wasn't sure if nobody would buy it'  CNBCWhy Is Tesla Stock Suddenly Crashing Today?  CCN.comTesla’s Elon Musk tests the waters for a potential Gigafactory in Texas  TeslaratiElon Musk says an 'awesome' Neuralink update is coming so.... More »

Average Canadian house price up 38% compared to last year, but down from March - CBC.ca Jun 15th

Average Canadian house price up 38% compared to last year, but down from March  CBC.caCanadian real estate: CREA says sales fell in 80% of markets in May  Yahoo Canada FinanceCanadian home sales fall 7.4% in May, average selling price also inches down from month before: CREA .... More »
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How To Find The Perfect Broker For Your Portfolio Nov 4th

When building an investment portfolio, it’s important to work with people who understand your goals and can support you in achieving them. Whilst some investors can successfully navigate the financial market alone, this takes a lot of skill and can lead to significant losses, so many choose to wor.... More »
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How the federal budget will affect income tax + MORE Mar 23rd

With budget 2016, we are starting to see a commitment to the process of tax simplification. As promised, the Liberals made changes to the federal income tax brackets. Starting in 2016, the middle class income tax bracket will drop from 22% to 20.5%. That means if your taxable income is between $45,.... More »

CannTrust stock falls - Business News - Castanet.net Jul 12th

CannTrust stock falls - Business News  Castanet.netPosthaste: Just when Canada thought it was out of the housing bubble woods …  Financial PostCannTrust stops selling all of its cannabis as Health Canada probe continues  CBC NewsCannTrust halts sales of cannabis durin.... More »
Doug and Donna wonder whether their financial adviser is doing a good job. They shouldn’t have to ask

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OTTAWA – The federal government has named Finance Department official Jeremy Rudin as the new policeman for financial institutions in Canada, replacing Julie Dickson whose seven-year term is expiring.
The choice of Rudin, currently assistant deputy minister in the financial sector policy branch, was a bit of a surprise in that he has kept a low profile since joining the public service in 1993.
One name that had been touted as a possible next head of the Office of Superintendent of Financial Institutions was Andrew Kriegler, currently deputy superintendent of the supervision section at the agency.
But analysts said Rudin enjoyed a solid reputation at Finance and was regarded as a potential deputy minister.
“Jeremy Rudin is a distinguished public servant. He has extensive direct experience in the oversight of financial institutions, financial system stability and financial markets,” Finance Minister Joe Oliver said in announcing the appointment Friday.
“He played an important role in Canada’s response to the global financial crisis…

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Don’t cancel that insurance policy yet!(iStock)
Think twice about scrapping or trading in an existing disability or critical illness insurance policy, warns financial planner Rona Birenbaum. You could wind up tens of thousands of dollars poorer. One of Birenbaum’s clients was persuaded by an insurance agent to switch a critical illness policy for long-term care coverage. What the client didn’t realize is that she was eight years into a plan that offered a return of all premiums paid if no claims were made after a decade. Had the client paid the $1,640 annual premiums for two more years, she would have walked away with $16,400. Always ask your agent or insurance company to email you a summary explaining the repercussions of cancelling a policy.
The post Don’t cancel that insurance policy yet! appeared first on MoneySense.

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The first Unpaid Fines Report published by the Investment Industry Regulatory Organization of Canada lists 118 men and women who have been disciplined by the regulator since 2008.

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TORONTO – Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (15,001.61, up 91.98 points):
Amaya Gaming Group Inc. (TSX:AYA). Consumer tech. Up $5.87, or 41.69 per cent, to $19.95 on 9.9 million shares. the company announced it was buying the company that owns PokerStars and Full Tilt Poker for US$4.9 billion in an all-cash deal that will create the world’s largest publicly traded online gaming company.
Yamana Gold Inc. (TSX:YRI). Miner. Up 24 cents, or 2.74 per cent, to $9 on 9.3 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down 10 cents, or 3.40 per cent, to $2.84 on 8.3 million shares.
Crocotta Energy Inc. (TSX:CTA). Oil and gas. Up 25 cents, or 6.01 per cent, to $4.41 on 6.2 million shares.
Bombardier Inc. (TSX:BBD.B). Transportation. Up 10 cents, or 2.61 per cent, to $3.93 on 5.3 million shares.
Air Canada (TSX:AC.B). Transportation. Up 34 cents, or 3.65 per cent, to $9.66 on 4.1 million shares…

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