How to go about securing the best return for your investment in Canada.
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How much income do I need to qualify for a mortgage in Canada? Apr 17th
Buying a home in Canada isn’t for the faint of heart—or light of wallet. Home prices have steadily trended higher over the past decade, coming to a national average of $698,520 in March 2024. That’s a 75% increase compared to January 2014, and it marks a whopping dollar difference of $398,119,.... More »
IMF says China is managing transition to steadier and more sustainable economic growth + MORE Aug 14th
WASHINGTON – The International Monetary Fund says that so far, China is successfully managing a transition to slower but more stable growth.
In its annual checkup of the world’s second-biggest economy, the IMF predicted the Chinese economy will grow 6.8 per cent this year and 6.3 per cen.... More »
This major Ontario lender announces financial hit as borrowers miss payments, bad loans mount Mar 11th
Publicly-traded Goeasy's announcement follows Star investigation revealing staff at subsidiary LendCare had set out to suppress its delinquency rate..... More »
60 days - 1.75% + MORE Apr 7th
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks? - CBC Jan 10th
The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks? CBCCanadian oilsands producers lose $8B of stock market value in 4 days Calgary HeraldThe past and potential of Venezuela’s oil sector, and what it means for Canada CTV NewsVenezuel.... More »
Holding assets outside Canada? Estate planning can get tricky
– theglobeandmail.com
Beware double-taxation after death: paying income taxes in Canada and estate taxes to another country on the same assets
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
The Bank of Canada had to acknowledge Wednesday what data already indicated–that its forecast for a recovery in exports and business investment has yet to materialize.
TORONTO – The Ontario Securities Commission says the common-law spouse of an investment firm…
Spouse of investment firm boss reaches $575,000 settlement with OSC
– canadianbusiness.com
TORONTO – The Ontario Securities Commission says the common-law spouse of an investment firm manager convicted of fraud will be barred from trading securities for seven years and will pay $575,000 in restitution, fees and costs following a tentative settlement.
Julie Winget, the common-law spouse of Arvind Sanmugam and lead director of investment firm Bunting & Waddington, is also barred from being a director of any investment fund manager for seven years.
The firm is permanently prohibited from trading or acquiring any securities, according to terms of the settlement announced Wednesday, which is still subject to a public hearing.
The OSC said the firm and Winget contravened Ontario securities law by trading without being registered.
Sanmugam was sentenced to five years in prison last November and ordered to pay $1 million in restitution after pleading guilty to three counts of fraud. He was described by the settlement as the “directing mind” and de facto director of the Toronto-area firm…
Julie Winget, the common-law spouse of Arvind Sanmugam and lead director of investment firm Bunting & Waddington, is also barred from being a director of any investment fund manager for seven years.
The firm is permanently prohibited from trading or acquiring any securities, according to terms of the settlement announced Wednesday, which is still subject to a public hearing.
The OSC said the firm and Winget contravened Ontario securities law by trading without being registered.
Sanmugam was sentenced to five years in prison last November and ordered to pay $1 million in restitution after pleading guilty to three counts of fraud. He was described by the settlement as the “directing mind” and de facto director of the Toronto-area firm…
