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Losing ground: Why Canada’s grip on U.S. real estate is slipping + MORE Oct 29th
In the aftermath of the financial crisis, Canadian pension funds, insurance companies and investment firms began a near-decade-long U.S. commercial real estate spending spree that has been unmatched by any country. Until now.
.... More »
Snapchat parent passes big test: IPO above expectation - CTV News + MORE Mar 1st
CTV NewsSnapchat parent passes big test: IPO above expectationCTV NewsNEW YORK -- Snapchat parent Snap Inc. started its official bid to go public last Halloween. Now investors get to learn whether they're in for a trick or a treat. Snap passed its first major test on Wall Street on Wednesday, w.... More »
How can my stock losses be used to lower taxes? Sep 17th
Q. I just received a report from my brokerage noting the value of one of my investments was cut in half. Can this loss report be used to lower taxes and how does that work? I understand there is also a specific form used for Canada Revenue, but I’m not sure which ones I need. Thanks, Lesli.... More »
What’s involved in moving investments from a high-fee advisor to a DIY setup? May 28th
Q. I have been concerned about high fees charged on my investments and have been trying to figure out a way to move my funds without getting hit with a huge tax bill. I started with mutual funds and today I have a 60% equity and 40% income balanced portfolio plan. My last statement shows about 5% re.... More »
In the #MeToo era, ethics training gains urgency Mar 22nd
Leadership and morality have been part of business education for decades but the relevancy has increased in wake of financial, harassment and ‘bro culture’ scandals
.... More »
Valeant installs former Zoetis CFO as new finance chief, reassigns incumbent CFO
– canadianbusiness.com
LAVAL, Que. – Valeant Pharmaceuticals Inc. (TSX:VRX) has appointed Paul Herendeen as its new chief financial officer, effective immediately, and reassigned the man who has been its CFO through a tumultuous period.
Robert Rosiello, who was appointed Valeant’s CFO on July 1 of last year will remain at Valeant as executive vice-president for corporate development and strategy, reporting to CEO Joseph Papa, who joined the company in late April.
The Quebec-based company is working to recover from a series of problems that emerged last September and continued into this year, driving down the company’s market value by about 90 per cent since last August.
Last week, Valeant’s major lenders agreed to give the company more flexibility to sell assets and make additional short-term borrowing as its seeks to reduce its debt load and defends itself from multiple allegations of improper accounting practices.
Herendeen comes to the Laval-based company from Zoetis, a Pfizer spinoff that specializes in animal health, where he was executive vice-president and CFO for two years…
Robert Rosiello, who was appointed Valeant’s CFO on July 1 of last year will remain at Valeant as executive vice-president for corporate development and strategy, reporting to CEO Joseph Papa, who joined the company in late April.
The Quebec-based company is working to recover from a series of problems that emerged last September and continued into this year, driving down the company’s market value by about 90 per cent since last August.
Last week, Valeant’s major lenders agreed to give the company more flexibility to sell assets and make additional short-term borrowing as its seeks to reduce its debt load and defends itself from multiple allegations of improper accounting practices.
Herendeen comes to the Laval-based company from Zoetis, a Pfizer spinoff that specializes in animal health, where he was executive vice-president and CFO for two years…
U.S. clearance for ChemChina deal sends Syngenta stock soaring
– theglobeandmail.com
A U.S. national security panel has cleared ChemChina’s $43-billion takeover of Swiss pesticides and seeds group
6 questions to ask before and during your home inspection
– moneysense.ca
(iStock)Your first line of defence in avoiding a bad property investment is the home inspection report. To get the most out of this report you need to do two things: Be present and ask questions.
While a recent announcement by the Ontario Minister of Government and Consumer Services will see the introduction of laws to establish minimum standards for home inspections, this doesn’t mean a homebuyer can neglect their own due diligence. This new legislation proposes to set minimum licensing standards for the roughly 1,500 home inspectors that work in Ontario, and will include a regulations on what information needs to be disclosed to home buyers, as well as regulate the language inspectors can use in their contracts.
But even homebuyers in provinces without inspector regulation can be proactive about avoiding the money-pit nightmare.
Be present during the home inspection
The most important rule is to be present during the home inspection. This means scheduling time off from work and family responsibilities, and shutting off the phone, during the couple of hours the inspector is present at the home you hope to buy…
Valeant shakeup continues, hires Zoetis's Paul Herendeen as CFO – The Globe and Mail
– news.google.ca
The Globe and MailValeant shakeup continues, hires Zoetis's Paul Herendeen as CFOThe Globe and MailThe shakeup in the executive ranks at Valeant Pharmaceuticals International Inc. continues with the appointment of a new chief financial officer. The Laval, Que.-based drug giant said on Monday it has hired Paul Herendeen as executive vice-president, …Valeant names former Zoetis CFO as new finance chiefCTV NewsValeant, attempting to normalize operations, names new CFOTheChronicleHerald.caValeant (VRX) Stock Climbs, Hires Zoetis' Herendeen as CFOTheStreet.comBloomberg -Wall Street Journal (blog) -MarketWatch -Reutersall 28 news articles »
Loblaw makes $170-million cash bid for B.C. medical records company QHR Corp.
– canadianbusiness.com
BRAMPTON, Ont. – Loblaw Companies Ltd. (TSX:L) is planning another acquisition in the health-care industry — offering $170 million to buy a B.C.-based company that provides secure medical records technology.
The Canadian grocery and pharmacy giant is offering $3.10 cash per share of QHR Corp. of Kelowna, B.C. (TSXV:QHR) — 22 per cent above the stock’s closing price Friday on the TSX Venture Exchange.
Loblaw says QHR is a “natural complement” to its Shoppers Drug Mart business — which operates Canada’s largest retail network of pharmacies.
QHR currently supports 7,700 health-care providers with a suite of secure medical records technology.
Its board of directors is supporting the Loblaw takeover bid but the deal requires approval from at least two-thirds of the votes cast by QHR shareholders at a special meeting to be held in October.
The post Loblaw makes $170-million cash bid for B.C. medical records company QHR Corp. appeared first on Canadian Business – Your Source For Business News.
The Canadian grocery and pharmacy giant is offering $3.10 cash per share of QHR Corp. of Kelowna, B.C. (TSXV:QHR) — 22 per cent above the stock’s closing price Friday on the TSX Venture Exchange.
Loblaw says QHR is a “natural complement” to its Shoppers Drug Mart business — which operates Canada’s largest retail network of pharmacies.
QHR currently supports 7,700 health-care providers with a suite of secure medical records technology.
Its board of directors is supporting the Loblaw takeover bid but the deal requires approval from at least two-thirds of the votes cast by QHR shareholders at a special meeting to be held in October.
The post Loblaw makes $170-million cash bid for B.C. medical records company QHR Corp. appeared first on Canadian Business – Your Source For Business News.
