How to go about securing the best return for your investment in Canada.
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Why filing your taxes is the first financial step that actually matters + MORE Apr 24th
For most of my adult life, I had never paid personal income tax—not because I was avoiding it, but because I lived and worked in the Middle East, where that’s simply not part of the system. When we started planning our move to Canada, the idea of paying taxes was, if I’m being honest, intimida.... More »
Top International Dividend ETFs for your portfolio – 2017 Apr 30th
Save, invest, prosper with My Own Advisor.
Top International Dividend ETFs
Diversification remains the only free lunch that comes with investing – Modern Portfolio Theory.
According to this theory – one that remains embraced by most financial academics – we can enhance portfolio return.... More »
Low oil prices force CHC Group into bankruptcy protection + MORE May 5th
IRVING, Texas – CHC Group Ltd., the parent company of Vancouver-based CHC Helicopter, is the latest company to feel the squeeze from the downtown in oil prices.
It has filed for bankruptcy protection in Texas as part of a restructuring to strengthen its financial position by reducing long-term.... More »
Planning to use your home equity in retirement Jun 3rd
How much of your net worth is wrapped up in your home? According to Statistics Canada, the median net worth for senior families in 2023 was $1,109,700. The most common type of asset for Canadians was a family home, with a median value of $500,000.
Since home equity makes up such a significant all.... More »
Sony invests £767million in Epic Games to help build the metaverse - NME Apr 12th
Sony invests £767million in Epic Games to help build the metaverse NMESony Goes Big On Epic Games With Whopping $1 Billion Investment KotakuSony And LEGO's Parent Company Are Investing Billions Of Dollars in Epic Games - IGN IGNSony just threw $1 billion at Epic Gam.... More »
Unhappy with your bond mutual funds? Try preferred funds
– thestar.com
If you’re unhappy with bond funds, join the club. Yields are low, with fees often swallowing up a big slice of what little remains.5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-05-31. Click on the link above to get more details or apply online.
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
American Apparel adopts stockholder rights plan to thwart ousted CEO from taking control
– canadianbusiness.com
NEW YORK, N.Y. – American Apparel has adopted a one-year shareholder rights plan a day after its ousted CEO and founder Dov Charney made a bid to increase his control of the clothing chain.
The Los Angeles-based retailer said early Saturday that the move, made by a special committee of its board of directors, is designed to limit the ability of any person or group, including Charney, “to seize control of the company without appropriately compensating all American Apparel stockholders.”
The company said in a statement that the rights will be “attached to all shares of common stock.” Each right will let the holder purchase one ten-thousandth of a share of preferred stock at an exercise price of $2.75.
American Apparel said the plan is similar to other arrangements adopted by publicly held companies and allows a person or group to acquire as much as 15 per cent of common stock. The company said its plan is not aimed to prevent or deter takeover bids that offer fair treatment and value to all shareholders but rather protects shareholders from any threat of “creeping control…
The Los Angeles-based retailer said early Saturday that the move, made by a special committee of its board of directors, is designed to limit the ability of any person or group, including Charney, “to seize control of the company without appropriately compensating all American Apparel stockholders.”
The company said in a statement that the rights will be “attached to all shares of common stock.” Each right will let the holder purchase one ten-thousandth of a share of preferred stock at an exercise price of $2.75.
American Apparel said the plan is similar to other arrangements adopted by publicly held companies and allows a person or group to acquire as much as 15 per cent of common stock. The company said its plan is not aimed to prevent or deter takeover bids that offer fair treatment and value to all shareholders but rather protects shareholders from any threat of “creeping control…
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
