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Quebec to cut taxes for small, medium sized businesses in next budget: Couillard + MORE Jan 26th
SHANGHAI _ The Quebec Liberals are planning to cut taxes for small- and medium-sized businesses in the next provincial budget, Premier Philippe Couillard said Thursday.
He told reporters accompanying him on a trade mission to China that those businesses find themselves under increased pressure due t.... More »
UN humanitarian chief warns of famine crisis, urges global action - CBC.ca + MORE Mar 11th
CBC.caUN humanitarian chief warns of famine crisis, urges global actionCBC.caThe world faces the largest humanitarian crisis since the United Nations was founded in 1945 with more than 20 million people in four countries facing starvation and famine, the UN humanitarian chief said Friday. Stephen O&.... More »
Snap Inc tumbles after trailing estimates for new users and sales, competition from Facebook - Financial Post + MORE May 10th
Financial PostSnap Inc tumbles after trailing estimates for new users and sales, competition from FacebookFinancial PostSnap Inc.'s Snapchat app added fewer users than projected in the first quarter, a sign that the young company may have trouble expanding its audience as social-media giant Fac.... More »
Jack Ma Gets a Warning From China on Ant’s Rapid Expansion - Yahoo Canada Finance Nov 3rd
Jack Ma Gets a Warning From China on Ant’s Rapid Expansion Yahoo Canada FinanceJack Ma Summoned by China Regulators on Eve of Ant Debut Bloomberg Markets and FinanceAhead of giant IPO, China’s Ant faces key question: What is it? Aljazeera.comAnt Group is its own .... More »
2017 Financial Goals – August Update + MORE Aug 22nd
Save, invest, prosper with My Own Advisor.
2017 Financial Goals – August Update For the last few years, I’ve posted some financial goals on this site…so we have a hope of realizing them. I figure you can’t manage what you don’t measure. Then again, goals can change over time. Sometim.... More »
Just a few weeks after making its stock market debut, fast-casual eatery chain Freshii Inc. has unveiled plans for expansion into the United Kingdom.
Canadian, British regulators agree to help fintechs expand
– theglobeandmail.com
The agreement between the U.K.’s Financial Conduct Authority and the OSC is meant to help fintech startups navigate regulations
Saputo poised to gain full control of Australia’s Warrnambool dairy
– canadianbusiness.com
Canadian dairy giant Saputo Inc. is poised to gain full ownership of Warrnambool Cheese and Butter Factory Co. after Lion Dairy and Drinks accepted a sweetened offer to sell its minority stake in the Australian cheese and dairy producer.
Lion, a subsidiary of Japanese beverage firm Kirin, said Wednesday it formally accepted Saputo’s improved offer of A$9.05 per share cash (C$9.17 at current exchange rates) for each of the remaining shares. Saputo took control of the company in 2014 after a hard-fought takeover battle.
Lion said it will make a small profit on the sale of its 10.2 per cent stake acquired in 2013. The company sold its cheese assets to Warrnambool in 2015 as part of its focus on core dairy and juice categories.
“Today’s sale to Saputo is therefore a logical step and a positive outcome for Lion,” it said in a news release.
Lion said the sale of shares won’t affect contracts with Warrnambool, including its supply of parmesan cheese.
Saputo (TSX:SAP) said the acquisition of Lion’s stake raises its ownership in Warrnambool to more than 98 per cent…
Lion, a subsidiary of Japanese beverage firm Kirin, said Wednesday it formally accepted Saputo’s improved offer of A$9.05 per share cash (C$9.17 at current exchange rates) for each of the remaining shares. Saputo took control of the company in 2014 after a hard-fought takeover battle.
Lion said it will make a small profit on the sale of its 10.2 per cent stake acquired in 2013. The company sold its cheese assets to Warrnambool in 2015 as part of its focus on core dairy and juice categories.
“Today’s sale to Saputo is therefore a logical step and a positive outcome for Lion,” it said in a news release.
Lion said the sale of shares won’t affect contracts with Warrnambool, including its supply of parmesan cheese.
Saputo (TSX:SAP) said the acquisition of Lion’s stake raises its ownership in Warrnambool to more than 98 per cent…
Garth Drabinsky is a changed man, lawyer tells Ontario securities regulator
– canadianbusiness.com
Garth Drabinsky should not be further penalized for a fraud committed two decades ago because he is a changed man, his lawyer told the Ontario Securities Commission on Wednesday.
The province’s securities regulator began opening submissions in the long-running case against the disgraced theatre mogul, one of the central figures in the Livent Entertainment financial fraud scandal.
Drabinsky declined comment on his way into the hearing room of the OSC, which launched its regulatory cases against him and two others in 2001. Those cases were put on hold while criminal charges against the three worked their way through the courts.
“The gentleman that is sitting in this room today is not the gentleman you heard about in the course of those proceedings,” lawyer Richard Shekter told the OSC’s three-member panel.
“He has acknowledged culpability, he feels terrible about what he did and he has made it his life mission to fix it and to contribute to Canadian society.”
Drabinsky was found guilty of fraud in 2009 and sentenced to a four-year prison term for his role in a kickback scheme that cost investors an estimated $500 million…
The province’s securities regulator began opening submissions in the long-running case against the disgraced theatre mogul, one of the central figures in the Livent Entertainment financial fraud scandal.
Drabinsky declined comment on his way into the hearing room of the OSC, which launched its regulatory cases against him and two others in 2001. Those cases were put on hold while criminal charges against the three worked their way through the courts.
“The gentleman that is sitting in this room today is not the gentleman you heard about in the course of those proceedings,” lawyer Richard Shekter told the OSC’s three-member panel.
“He has acknowledged culpability, he feels terrible about what he did and he has made it his life mission to fix it and to contribute to Canadian society.”
Drabinsky was found guilty of fraud in 2009 and sentenced to a four-year prison term for his role in a kickback scheme that cost investors an estimated $500 million…
