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Should investors worry about suspended guidance? + MORE Apr 26th
If you’ve been paying attention to the companies in your portfolio over the last few weeks, you’ll have noticed that many of them have said something about “suspending guidance.” Rogers Communications is one of the more recent businesses to do just that, announcing on its April 22 first quar.... More »
GTA home prices cap tumultuous year with meagre gain in December - The Globe and Mail + MORE Jan 4th
The Globe and MailGTA home prices cap tumultuous year with meagre gain in DecemberThe Globe and MailToronto area home prices ended 2017 with a gain of less than 1 per cent from a year earlier, wrapping up a tumultuous year marked by an early boom followed by a sharp correction in the wake of governm.... More »
Should retirees speculate? + MORE Nov 12th
All investors need to know the difference between investing and speculation—often summed up as what you do with “serious money” versus “fun money”—and that’s doubly true for those at or near retirement. While investing is about building wealth you can count on, speculating typically me.... More »
Labour minister Patty Hajdu talks longer parental leave + MORE Mar 26th
OTTAWA – Labour Minister Patty Hajdu said even wealthier women need more support when it comes to moving from their careers into motherhood — and back again.
The 2017 budget extended parental leave to 18 months, but anyone who wants to take the lengthier time off must spread 12 months worth .... More »
How AI is helping Canadians budget, save, and tackle debt Aug 1st
Canadians are increasingly turning to artificial intelligence for help with their money. From smart budgeting tools to automated investing apps, AI is quickly becoming part of how we manage our finances.
According to research by Ipsos Canada, commissioned by BMO, 33% of Canadians use AI tec.... More »
Gender diversity regulations show little results in Canada's boardrooms
– theglobeandmail.com
According to a report, there was only a modest increase in women on TSX company boardrooms since 2015
Weight Watchers CEO James Chambers steps down after 3 years
– canadianbusiness.com
NEW YORK, N.Y. – Weight Watchers CEO James Chambers is stepping down as the weight-loss program operator struggles to build on the momentum it garnered from an alliance with Oprah Winfrey.
The New York company said Monday that Chambers, who has led Weight Watchers since 2013, is resigning at the end the month. He will also leave the company’s board of directors.
The board has established a committee that includes Winfrey to search for a permanent CEO.
Weight Watchers International Inc. said it has created an interim office of the chief executive officer, which will include Chief Financial Officer Nicholas Hotchkin, and director Christopher Sobecki and Thilo Semmelbauer, the company’s former chief operating officer and a new director.
Chambers, 58, didn’t give a specific reason for his resignation but touted accomplishments including a return to growth, the launch of the Beyond the Scale holistic program and a five-year partnership with Winfrey.
The news of Winfrey’s involvement in the company more than doubled the value of Weight Watchers’ shares when it was announced last October, but the stock has since retreated…
The New York company said Monday that Chambers, who has led Weight Watchers since 2013, is resigning at the end the month. He will also leave the company’s board of directors.
The board has established a committee that includes Winfrey to search for a permanent CEO.
Weight Watchers International Inc. said it has created an interim office of the chief executive officer, which will include Chief Financial Officer Nicholas Hotchkin, and director Christopher Sobecki and Thilo Semmelbauer, the company’s former chief operating officer and a new director.
Chambers, 58, didn’t give a specific reason for his resignation but touted accomplishments including a return to growth, the launch of the Beyond the Scale holistic program and a five-year partnership with Winfrey.
The news of Winfrey’s involvement in the company more than doubled the value of Weight Watchers’ shares when it was announced last October, but the stock has since retreated…
US to 'sharpen' economic pressure on North Korea in aftermath of latest nuclear test – CBC.ca
– news.google.ca
CBC.caUS to 'sharpen' economic pressure on North Korea in aftermath of latest nuclear testCBC.caThe U.S. will do all it can with financial tools to oppose North Korea's nuclear weapons policy, because co-ordinated economic sanctions have been shown to work, U.S. Treasury Secretary Jack Lew said on Monday. "I think sanctions have effectively cut …China holds the key to the North Korean conundrumThe Globe and MailCould North Korea's nuclear missiles reach Canada?Globalnews.caNorth Korea does not intend to abandon its nuclear programs no mater what the US doesBusiness InsiderRT -Daily Mail -Hamilton Spectator -Al-Arabiyaall 414 news articles »
Expect tougher mortgage rules by November
– moneysense.ca
(Getty Images / Nigel Carse)Home buyers should expect tougher mortgage rules to kick in as early as November 1 of this year.
In an announcement released today by the nation’s financial regulator, banks and lenders that offer mortgage financing will face stricter regulations and this will translate into tougher lending rules for home buyers.
Hot markets prompt tougher rules for banks
“These changes aim to reinforce the need for banks to exercise prudent underwriting and proper due diligence when originating insured mortgages,” the Office of the Superintendent of Financial Institutions (OSFI) said in a statement. OSFI continued by stating: These proposed changes to mortgage lending “reflect the changing risks in the Canadian mortgage market.”
In the last year, policymakers have warned that Canada’s housing market is overvalued in some cities, such as Vancouver and Toronto. As such, the current Liberal government has been keen to limit taxpayer exposure to any potential price correction and real estate market downturn…
CPPIB targets boomer wave with cruise company investment
– theglobeandmail.com
The deal had to meet all of the criteria that would usually be applied to a private equity deal at CPPIB
