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Stocks slide after Republicans 'press pause' on debt ceiling talks: Stock market news today - Yahoo Canada Finance + MORE May 19th
Stocks slide after Republicans 'press pause' on debt ceiling talks: Stock market news today Yahoo Canada FinanceWhat every Canadian investor needs to know today The Globe and MailStocks Slide After Republicans Pause Debt Ceiling Negotiations BarchartS&P 500 hits .... More »
CRA demands payment on scammed federal benefits — from the victim whose account was hacked - CBC.ca May 22nd
CRA demands payment on scammed federal benefits — from the victim whose account was hacked CBC.caToronto hacking victim 'living a financial nightmare' CBC.caView Full Coverage on Google News.... More »
How improving your financial literacy can help ease stress in a tough economy + MORE May 23rd
The "Big Five" Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let's explore the best place for you to invest.
Best online brokers in Canada fo.... More »
The Triple Threat of a Triple Bottom Line Dec 19th
If you hadn’t noticed already, Canada’s workforce is changing. It’s expected that by 2030, nearly 30% of it will be made up of Gen Z employees—bringing to the office greater expectations for social good and the triple bottom line. Among mental health, climate change and other social issues i.... More »
What Leon Frazer's Ryan Bushell is buying and selling + MORE Jul 21st
Vice-president at Leon Frazer and Associates spoke about what he’s buying and selling – and the consumer stock his firm wishes it bought
.... More »
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch this week in Canadian business:
Take a break: Fretting about returning to work Monday? Relax. It’s a holiday for most Canadians, including Bay Street traders. The Toronto Stock Exchange is closed.
Real estate tax: As of Tuesday, foreigners buying property in Vancouver will have to pay a 15 per cent tax. The B.C. government introduced the levy in an effort to cool down the city’s torrid real estate market — two months after saying it wasn’t in favour of it out of concerns it would deter investment from Asia. Concerns are now rising that foreign capital will migrate elsewhere, including Toronto.
Earnings, earnings, earnings: It’s another big week for earnings. Quarterly results are due from numerous corporate giants, including Molson, Saputo, Quebecor, SNC-Lavalin and Canadian Tire.
Bombardier: The Montreal-based manufacturer of planes and trains releases its second-quarter results Friday. Bombardier, which has been the focus of much public attention as it makes a push to sell its CSeries passenger jets, is still awaiting response from Ottawa for its request for federal funding…
Take a break: Fretting about returning to work Monday? Relax. It’s a holiday for most Canadians, including Bay Street traders. The Toronto Stock Exchange is closed.
Real estate tax: As of Tuesday, foreigners buying property in Vancouver will have to pay a 15 per cent tax. The B.C. government introduced the levy in an effort to cool down the city’s torrid real estate market — two months after saying it wasn’t in favour of it out of concerns it would deter investment from Asia. Concerns are now rising that foreign capital will migrate elsewhere, including Toronto.
Earnings, earnings, earnings: It’s another big week for earnings. Quarterly results are due from numerous corporate giants, including Molson, Saputo, Quebecor, SNC-Lavalin and Canadian Tire.
Bombardier: The Montreal-based manufacturer of planes and trains releases its second-quarter results Friday. Bombardier, which has been the focus of much public attention as it makes a push to sell its CSeries passenger jets, is still awaiting response from Ottawa for its request for federal funding…
Initial public offerings scheduled to debut next week
– canadianbusiness.com
NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.
Week of Aug. 1:
At Home Group – Plano, Texas, 8.7 million shares, priced $14-$16, managed by BofA/Merrill Lynch/Goldman Sachs/Jefferies. Proposed NYSE symbol HOME. Business: Operates 115 home décor stores in the South and Midwest.
First Hawaiian – Honolulu, Hawaii, 21 million shares, priced $21-$23, managed by Goldman Sachs/BofA/Merrill Lynch/BNP Paribas. Proposed Nasdaq FHB. Business: Hawaii-based spin-off from BNP with 62 branches and $19 billion in assets.
Motif Bio – New York, 2.8 million shares, priced $12.42-$21.42, managed by SunTrust/Robinson Humphrey Ladenburg Thalmann & Co. Proposed Nasdaq symbol FHB. Business: Late-stage biotech developing antibiotics for multi-drug resistant bacteria.
The post Initial public offerings scheduled to debut next week appeared first on Canadian Business – Your Source For Business News.
Week of Aug. 1:
At Home Group – Plano, Texas, 8.7 million shares, priced $14-$16, managed by BofA/Merrill Lynch/Goldman Sachs/Jefferies. Proposed NYSE symbol HOME. Business: Operates 115 home décor stores in the South and Midwest.
First Hawaiian – Honolulu, Hawaii, 21 million shares, priced $21-$23, managed by Goldman Sachs/BofA/Merrill Lynch/BNP Paribas. Proposed Nasdaq FHB. Business: Hawaii-based spin-off from BNP with 62 branches and $19 billion in assets.
Motif Bio – New York, 2.8 million shares, priced $12.42-$21.42, managed by SunTrust/Robinson Humphrey Ladenburg Thalmann & Co. Proposed Nasdaq symbol FHB. Business: Late-stage biotech developing antibiotics for multi-drug resistant bacteria.
The post Initial public offerings scheduled to debut next week appeared first on Canadian Business – Your Source For Business News.
TREB wins extension days before deadline to publish home sales data online
– canadianbusiness.com
TORONTO – A Federal Court judge has decided the Toronto Real Estate Board doesn’t have to comply with a Competition Tribunal ruling that would allow its realtor members to post home-sales data online — for now.
Judge Mary J.L. Gleason made the order on Wednesday, days before TREB’s Aug. 3 deadline to make sales figures, pending sales and broker commissions more widely available.
Several realtors have said the data release would enable consumers to be better informed and make better choices when buying or selling a home.
Gleason said TREB shouldn’t have to change its practices until the court can hear its pending motion for a longer-term stay, one that would remain in effect until a ruling on the board’s appeal of the Competition Tribunal’s ruling.
TREB spokeswoman Mary Gallagher said in an email that this temporary stay provides it with breathing room until its motion can be heard.
It’s unclear when Gleason will make a decision on the longer-term stay…
Judge Mary J.L. Gleason made the order on Wednesday, days before TREB’s Aug. 3 deadline to make sales figures, pending sales and broker commissions more widely available.
Several realtors have said the data release would enable consumers to be better informed and make better choices when buying or selling a home.
Gleason said TREB shouldn’t have to change its practices until the court can hear its pending motion for a longer-term stay, one that would remain in effect until a ruling on the board’s appeal of the Competition Tribunal’s ruling.
TREB spokeswoman Mary Gallagher said in an email that this temporary stay provides it with breathing room until its motion can be heard.
It’s unclear when Gleason will make a decision on the longer-term stay…
Weekend Reading – Bad products, financial goals, $3.5 million and $2 cars, and more
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
Welcome to some Weekend Reading – some August Long Weekend Reading at that. Here are the articles I shared this week:
Balancing YOLO (You Only Live Once) and Saving for Tomorrow
An overview of the Canada Child Benefit (CCB) program.
Have a great, safe weekend and see you next week.
Here’s a good summary of mortgage life insurance – and why it’s a bad product.
A reminder to please vote for yours truly at the Plutus Awards!
Dallas Cowboys running back Alfred Morris just signed a $3.5 million dollar deal, but drives a car he bought for $2. He calls it “Bentley”.
Rob Carrick said the only way to fail proof your financial goals is to save more money. Spending less is a consideration as well. Working longer is yet another.
Million Dollar Journey listed some dividend kings. I also own a few companies in this list.
BlackRock warned investors expect lower returns for your financial future.
Michael James on Money believes banks aren’t always the investing experts…
Welcome to some Weekend Reading – some August Long Weekend Reading at that. Here are the articles I shared this week:
Balancing YOLO (You Only Live Once) and Saving for Tomorrow
An overview of the Canada Child Benefit (CCB) program.
Have a great, safe weekend and see you next week.
Here’s a good summary of mortgage life insurance – and why it’s a bad product.
A reminder to please vote for yours truly at the Plutus Awards!
Dallas Cowboys running back Alfred Morris just signed a $3.5 million dollar deal, but drives a car he bought for $2. He calls it “Bentley”.
Rob Carrick said the only way to fail proof your financial goals is to save more money. Spending less is a consideration as well. Working longer is yet another.
Million Dollar Journey listed some dividend kings. I also own a few companies in this list.
BlackRock warned investors expect lower returns for your financial future.
Michael James on Money believes banks aren’t always the investing experts…
Enbridge says the Fort McMurray wildfire catastrophe was a significant reason for a decline in its second-quarter earnings, which were down 47 per cent from the same time last year.
