How to go about securing the best return for your investment in Canada.
Latest News
Australian bank reinstates traders still under legal cloud + MORE Oct 5th
CANBERRA, Australia – An Australian bank chief executive told a parliamentary committee on Wednesday that traders implicated in market manipulation allegations had been suspended then reinstated without those accusations being judged by a court.
The Australian Securities and Investments Commis.... More »
Apple’s earnings are imminent. Here's what to expect + MORE Oct 25th
Tech giant’s fourth-quarter results will give the first major clues on how consumers responded to the new device
.... More »
Warning signs are there for stock market 'retreat': Olive + MORE Jul 29th
From over-valued markets to rising interest rates, the signs are there that a come-down is due for equities..... More »
5 smart strategies for renewing your mortgage + MORE Mar 24th
Owning a home has plenty of benefits, but it’s not without challenges. Over one million mortgages in Canada are set to renew in the next few years, and many home owners will be faced with higher interest rates. If you’re in this situation, you may feel squeezed in two ways: a higher interest rat.... More »
Stelco plans $150-million IPO + MORE Sep 28th
Company said it needs money to develop new products and make payments to its pension plan
.... More »
What are corporate class mutual funds?
– moneysense.ca
(ptmoney.com/Flickr)
Q. The 2016 Budget included a big change by eliminating the tax benefit on capital gains for corporate class (C-Class) mutual funds. First, how do these funds work and who uses them? Second, will all these corporate class funds (including ETFs) be affected? And, third, didn’t Ottawa already start doing this back in 2013?
A. Corporate class funds have had broad appeal for their tax advantages, especially by seniors and higher net worth investors. In recent times, their investment returns have struggled within an extended period of low interest rates, inflation, currency fluctuation, market volatility and now, new high income tax brackets and rates. Corporate class funds offered an important hedge against all of those risks for non-registered account holders, through their tax efficiency.
Corporate class funds offered an opportunity to diversify income earnings and most importantly, the ability to switch between individual funds held within the structure on a tax-free basis…
Why you need to look where capital is scarce, an infrastructure stock worth examining, and how the humans are beating the investing robots
– theglobeandmail.com
A roundup of investment ideas for active investors
Will Canadian banks’ blowout profits silence skeptics?
– theglobeandmail.com
The financial sector is proving to be adept at navigating the obstacles in its way after four major banks reported profits this week
The Collier Centre project in downtown Barrie, Ont. (Mark Wanzel Photo)Investors have launched a proposed class action against a high-profile Toronto-area condo development firm, with projects across Canada, that raises millions from mom-and-pop investors through risky pooled mortgage products—many of which are advertised as safe and “secure.”
The suit, filed earlier this month in Ontario Superior Court, claims $27.5 million in damages, as well as the return of any profits, in relation to a troubled condo project in Barrie, Ont., which was marketed to investors by Fortress Real Developments, Fortress Real Capital and their various affiliates. It also accuses the Financial Services Commission of Ontario (FSCO) of failing to properly regulate the sector, dubbed by critics as a wild west of lending. “They were aware of the issues we’re complaining about in the suit for many years, but have done nothing to protect the public,” says Kevin Sherkin, the lawyer acting on behalf of two investors who hope to become representative plaintiffs if the suit is certified as a class action…
Ottawa mulls emerging risks to financial institutions
– theglobeandmail.com
New catastrophic risks that threaten Canadian financial institutions are getting more attention from the federal government.
