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Former Rouge Valley hospital clerk fined $36K for selling patient information + MORE Nov 24th
TORONTO – Former hospital clerk Shaida Bandali has been sentenced to two years’ probation, 300 hours of community service and $45,000 in penalties for handing over the personal information of new mothers to investment dealers peddling education savings plans.
Bandali pleaded guilty in Au.... More »
Thought the real estate market couldn’t get any crazier? Think again + MORE Jun 13th
Photograph by Jennifer Roberts
Robert Ellis purchased his two-storey house in Toronto’s Leaside neighbourhood 14 years ago. He was drawn to the area’s leafy streets, sturdy, double-brick 1930s-era homes and the proximity to local merchants on nearby Bayview Avenue—the proverbial “.... More »
US to hold UN summit to strengthen global efforts to combat financing of extremist groups + MORE Dec 4th
The United States is organizing a summit of finance ministers from U.N. Security Council nations aimed at strengthening global efforts to combat “the financing of terrorism” — especially methods used by Islamic State extremists.
The U.S. Mission to the United Nations said Friday that T.... More »
Pro tips to invest better in 2022 Jan 3rd
Building a strong investment portfolio will take time and patience, so start now, Lesley-Anne Scorgie writes..... More »
Toronto’s hot housing market is making divorce even messier — here’s how splitting couples can cope Jun 20th
One financial adviser says she’s done financial planning for separating couples who can’t afford to move out to begin with, so both parties remain in the home. Others end up in tiny condos with no room for the kids.... More »
Most actively traded companies on the TSX
– canadianbusiness.com
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,038.41, down 35.24 points):
Rio Alto Mining Ltd. (TSX:RIO). Miner. Unchanged at $2.94 on 9.7 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Down 30 cents, or 2.02 per cent, to $14.53 on 4.3 million shares.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Down seven cents, or 1.06 per cent, to $6.52 on four million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down four cents, or 1.37 per cent, to $2.88 on four million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 68 cents, or 1.62 per cent, to $41.38 on four million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Down 56 cents, or 1.41 per cent, to $39.07 on 3.8 million shares.
Companies reporting major news:
TransCanada (TSX:TRP). Pipelines. Up 39 cents, or 0.70 per cent, to $55.89 on 1.3 million shares. The company will no longer work with U.S. public relations firm Edelman after leaked documents raised concerns about suggested tactics in furthering TransCanada’s Energy East proposal…
Toronto Stock Exchange (15,038.41, down 35.24 points):
Rio Alto Mining Ltd. (TSX:RIO). Miner. Unchanged at $2.94 on 9.7 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Down 30 cents, or 2.02 per cent, to $14.53 on 4.3 million shares.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Down seven cents, or 1.06 per cent, to $6.52 on four million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down four cents, or 1.37 per cent, to $2.88 on four million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 68 cents, or 1.62 per cent, to $41.38 on four million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Down 56 cents, or 1.41 per cent, to $39.07 on 3.8 million shares.
Companies reporting major news:
TransCanada (TSX:TRP). Pipelines. Up 39 cents, or 0.70 per cent, to $55.89 on 1.3 million shares. The company will no longer work with U.S. public relations firm Edelman after leaked documents raised concerns about suggested tactics in furthering TransCanada’s Energy East proposal…
Prem Watsa embraces his roots with launch of Fairfax India
– theglobeandmail.com
Founder of Fairfax Financial is betting on a major growth spurt in his birthplace through a new investment holding company
Winners and losers. Charmers and chumps. Heroes and villains. 2014 was a year marked by major news developments, rising stars, massive deals, national tragedies, watershed moments, roiling conflicts, unholy unions, and comeback narratives. Over the last year, Maclean’s has been there for it all, and as we enter 2014′s final month, we look at where we’ve been so that we can take stock and have a better idea of what comes next.Our annual Newsmakers issue is full of detailed lists and incisive thoughts on the people who made it the year that it was:
- From a Calgary pop queen to a new action hero, we look at who arrived in 2014;
- Hong Kong vs. China, the prime minister vs. the chief justice, Gamergate, and the other feuds that defined the year;
- A rogues’ gallery: Ray Rice, Cliven Bundy, and the new faces of villainy;
- A review of the biggest viral videos and the most laughable Twitter fails;
- Deep profiles of the five biggest newsmakers of the year—and much more…
Kids expect help when buying a home
– moneysense.ca
GenY kids—those aged 15 to 33—expect to spunge off their parents until at least age 27.OK. Spunge might be a bit harsh. I’m a mom helping my kids has never been in doubt. But, a new survey by Yconic, a global youth partnership group, provides some interesting insight into how GenYs perceive financial independence.
According to the recently released survey, the average GenY kid believes that financial independence is the ability to rely on their own income, and not get help from their parents. And while most believe they can achieve this state by age 27, teh reality is quite different. According to the survey, only 56% of those aged 30 to 33 reported actually achieving financial independence from their parents, while 18% of adult-children in this age group still lived with their parents.
For the GenYs aged 25 to 29, 15% had already bought their own place, while 53% between the ages 30 to 33, were already homeowners.
Now, if you are a parent looking for ways to get your kid out of the basement, you may be surprised to learn that 24% of GenYs expected their parents to help them with a down payment on a home—but a full 32% of current GenY home owners had actually gotten help from their family for a down payment on a place…
Minister of Aboriginal Affairs Bernard Valcourt. (Adrian Wyld/The Canadian Press)The deadline arrived on Wednesday for First Nations to comply with controversial new federal rules requiring them to publicly disclose details of their finances—including the salaries of local chiefs and councillors—and some bands are refusing to file the figures Ottawa is demanding.
The most explicit challenge to the First Nations Financial Transparency Act came from the Onion Lake Cree Nation, which filed a statement of claim in an Edmonton court disputing the law’s legitimacy. The Onion Lake band straddles the Alberta-Saskatchewan border, and its legal action seemed to have wide support among other First Nations in the region.
Still, a large majority of bands are respecting the law. The Department of Aboriginal and Northern Affairs was still scrambling to process last-minute filings under the law this afternoon. A departmental official said details on how many of the 582 First Nations covered by it have complied will not be posted on a federal website until sometime Thursday…
