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The best high-interest savings accounts in Canada for 2024 + MORE May 21st
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The best high-interest savings accounts in Canada for 2024
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Spotify opens at nearly $166 a share in unconventional U.S. listing, then slips Apr 3rd
The highly anticipated shares of music streaming app Spotify opened for trading on the New York Stock Exchange on Tuesday at $165.90 US — nearly 26 per cent above the price set just a day before..... More »
After the biggest stock market sell-off in history, what's next for Facebook? Jul 28th
After a market meltdown this week that saw Facebook lose $100 billion of shareholder value, it's worth asking whether the giant could be headed — albeit very slowly — for the same fate that befell its high-tech ancestors like Myspace..... More »
Financial planning in your 70s Oct 7th
When most people think about financial planning, they think about saving and investing for retirement. That is certainly a part of it, but financial planning is much more holistic.
Here are a few financial planning strategies for those approaching or into their 70s. If you are not there yet, bookmar.... More »
The close: TSX climbs within reach of all-time high as industrials rally + MORE Oct 25th
Dow jumps with upbeat 3M, Caterpillar earnings
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How Liberals can add ‘fairness’ to proposed tax changes
– theglobeandmail.com
If the federal government is truly seeking to be fair, it should acknowledge the need for business owners to plan for their retirement and the legitimate benefits of dividend sharing
Home Capital exec to exit newly created position months after assuming role
– canadianbusiness.com
TORONTO _ A Home Capital Group Inc. (TSX: HCG) executive is leaving the company mere months after he assumed a newly created position.
In July, Greg Parker helmed the newly established position of executive vice-president of strategy at the Toronto-based alternative lender.
Home Capital says Brad Kotush, executive vice-president and chief financial officer, will assume Parker’s overall responsibilities.
Parker had previously held the positions of executive vice-president of enterprise risk management and chief risk office prior to his new role at Home Capital.
His move was part of the company’s efforts to strengthen prospects for long-term growth following allegations from the Ontario Securities Commission that it misled investors.
The company has since settled the OSC case.
The post Home Capital exec to exit newly created position months after assuming role appeared first on Canadian Business – Your Source For Business News.
In July, Greg Parker helmed the newly established position of executive vice-president of strategy at the Toronto-based alternative lender.
Home Capital says Brad Kotush, executive vice-president and chief financial officer, will assume Parker’s overall responsibilities.
Parker had previously held the positions of executive vice-president of enterprise risk management and chief risk office prior to his new role at Home Capital.
His move was part of the company’s efforts to strengthen prospects for long-term growth following allegations from the Ontario Securities Commission that it misled investors.
The company has since settled the OSC case.
The post Home Capital exec to exit newly created position months after assuming role appeared first on Canadian Business – Your Source For Business News.
Morneau to testify at committee about Liberals’ controversial tax proposals
– canadianbusiness.com
OTTAWA _ A parliamentary committee exploring the federal government’s controversial tax proposals will hear today from Finance Minister Bill Morneau.
The House of Commons finance committee is hearing from witnesses as it studies a package of proposed tax changes to private corporations that have attracted waves of criticism directed at the Trudeau government.
Opponents of the reforms insist the changes would hurt Canadians at different income levels and from many different sectors _ from small business owners, to farmers, to doctors.
The Liberal government has been engaged in a communications war over its plan, which it insists would end tax advantages unfairly exploited by some wealthy business owners.
Morneau argues the proposals are designed to create a fairer tax system, particularly for those in the so-called middle class _ but he says he’s open to adjusting it after a consultation period ends next week.
Critics of the plan say it would hurt entrepreneurs who take personal financial risks when they decide to open a business and hire staff…
The House of Commons finance committee is hearing from witnesses as it studies a package of proposed tax changes to private corporations that have attracted waves of criticism directed at the Trudeau government.
Opponents of the reforms insist the changes would hurt Canadians at different income levels and from many different sectors _ from small business owners, to farmers, to doctors.
The Liberal government has been engaged in a communications war over its plan, which it insists would end tax advantages unfairly exploited by some wealthy business owners.
Morneau argues the proposals are designed to create a fairer tax system, particularly for those in the so-called middle class _ but he says he’s open to adjusting it after a consultation period ends next week.
Critics of the plan say it would hurt entrepreneurs who take personal financial risks when they decide to open a business and hire staff…
Toronto stock index racks up minor gain, as loonie and the price of oil falls
– canadianbusiness.com
TORONTO _ Falling energy shares weren’t enough to drag Canada’s main stock market into the red, as BlackBerry’s latest financial report provided some of the lift.
The Toronto Stock Exchange’s S&P/TSX composite index was up 8.59 points to 15,618.25.
The information technology subsector was a top performer, anchored by a nearly 13 per cent increase for BlackBerry stock (TSX:BB).
In New York, the Dow Jones industrial average climbed 40.49 points to 22,381.20. The S&P 500 index edged up 3.02 points to 2,510.06 and the Nasdaq composite index added 0.19 of a point to 6,453.45.
The Canadian dollar was trading at an average price of 80.32 cents US, down 0.25 of a cent.
In commodities, the November crude contract fell 58 cents to US$51.56 per barrel and the November natural gas contract gave back four cents at US$3.02 per mmBTU.
The December gold contract was up 90 cents to US$1,288.70 an ounce and the December copper contract added five cents to US$2.98 a pound.
The post Toronto stock index racks up minor gain, as loonie and the price of oil falls appeared first on Canadian Business – Your Source For Business News.
The Toronto Stock Exchange’s S&P/TSX composite index was up 8.59 points to 15,618.25.
The information technology subsector was a top performer, anchored by a nearly 13 per cent increase for BlackBerry stock (TSX:BB).
In New York, the Dow Jones industrial average climbed 40.49 points to 22,381.20. The S&P 500 index edged up 3.02 points to 2,510.06 and the Nasdaq composite index added 0.19 of a point to 6,453.45.
The Canadian dollar was trading at an average price of 80.32 cents US, down 0.25 of a cent.
In commodities, the November crude contract fell 58 cents to US$51.56 per barrel and the November natural gas contract gave back four cents at US$3.02 per mmBTU.
The December gold contract was up 90 cents to US$1,288.70 an ounce and the December copper contract added five cents to US$2.98 a pound.
The post Toronto stock index racks up minor gain, as loonie and the price of oil falls appeared first on Canadian Business – Your Source For Business News.
