All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
How to know if a secondary suite or basement apartment is legal—and a worthwhile investment + MORE Sep 30th
If you’re buying a property right now, chances are you’ve come across more than a few homes that advertise income potential—thanks to a secondary suite or basement apartment.
Beyond the practical reasons for wanting a secondary suite, such as having a senior-age parent move in, two-un.... More »
Scaling-up: How to help female entrepreneurs go global + MORE Jan 29th
A wealth of research shows that investing in female entrepreneurs is a win-win for any national economy
.... More »
How bad access to credit keeps newcomers from getting ahead Aug 30th
When newcomers arrive in Canada, many bring financial responsibility, professional experience, and aspirations for a better future. But despite these strengths, one key element often stands in their way: access to credit.
According to a 2025 TD survey, 92% of newcomers understood the importance o.... More »
Tax write-offs that Canadians often get wrong Apr 14th
I come across frequent questions from taxpayers about expenses they think they can claim as a tax deduction or credit. Often, they cannot be claimed, or there are strict criteria that apply.
Safety deposit box
Back in the olden days, investors sometimes kept stock certificates in their safety .... More »
Variable mortgage rates regaining traction as Bank of Canada cuts rates - CTV News Sep 5th
Variable mortgage rates regaining traction as Bank of Canada cuts rates CTV NewsBank of Canada reduces policy rate by 25 basis points to 4¼% Bank of CanadaPosthaste: CIBC says the 'when' for Canadian dividend stocks is now Financial PostMarket Quote: Bank of Canada .... More »
These stocks are set for big moves on Tuesday
– theglobeandmail.com
The U.S. retail sector, which is stumbling through an otherwise outstanding earnings season, will be the focus of Tuesday-morning trading
Who gets what in a blended family with no will?
– moneysense.ca
Q: What happens if I die, was previously married and had a will—but am now remarried (blended family) and have not written a new will? What happens to my estate if I die? How is it divided? Does my new spouse get all the assets? Or is it split between all children (his and mine)? Or do just my own children and spouse inherit everything? Or just my children?
—Donna
A: Donna, You ask, “What happens to your blended family if you die?”
The simple answer is that no one knows. No one can give you an answer without knowing your specific circumstances. You cannot get simple answers to comfort you. I’m not trying to scare you, but you need to get advice.
There are so many variables that determine who shares in your assets. Here are some variables that only involve children when parents die:
Minor Children Suffer Most
What are the ages of all children (his and yours)?
Are you supporting any children?
Are any children financially dependent?
Do you need guardians for children who are minors?
Should trusts be set up to invest minor’s inheritances?
Is any child on government assistance?
Should discretionary trusts be used for spendthrift children?
Do estranged children have claims to your estate?
Did you promise to pay for their children’s education or wedding?
You can protect minors with a will and estate plan…
2017 Financial Goals – May Update
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
2017 Financial Goals In previous updates I told you my wife and I focus on some financial goals…so we have a hope of realizing them. This blog is an enabler for that. Our 2017 money goals are rather simple but also aggressive. Stretch targets are good to have. They push you. As part of our…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article 2017 Financial Goals – May Update appeared first on My Own Advisor. All Rights Reserved.
2017 Financial Goals In previous updates I told you my wife and I focus on some financial goals…so we have a hope of realizing them. This blog is an enabler for that. Our 2017 money goals are rather simple but also aggressive. Stretch targets are good to have. They push you. As part of our…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article 2017 Financial Goals – May Update appeared first on My Own Advisor. All Rights Reserved.
Toronto stock index starts week higher in broad advance; loonie, gold, oil up
– canadianbusiness.com
Canada’s main stock index was higher to start the week with help from most of its major sectors as commodity prices moved up.
The S&P/TSX composite index was up 119.17 points to 15,657.05, after 90 minutes of trading.
In New York, the Dow Jones industrial average gained 86.63 points to 20,983.24, while the S&P 500 index added 12.81 points at 2,403.71. The Nasdaq composite index climbed 31.22 points to 6,152.45.
The Canadian dollar was trading at 73.22 cents US, stronger than Friday’s average of 72.92 cents US.
The June crude oil contract was up US$1.38 at US$49.22 per barrel and the June natural gas contract was down six cents at US$3.36 per mmBTU.
The June gold contract was up US$6.20 at US$1,233.90 an ounce and the July copper contract was up three cents at US$2.55 a pound.
On the TSX, BlackBerry Ltd. shares set a new 52-week high, returning to levels reached infrequently over the past two years.
Shares of Eldorado Gold were down following its friendly takeover offer for Integra Gold, which was up about 40 per cent on the TSX Venture Exchange…
The S&P/TSX composite index was up 119.17 points to 15,657.05, after 90 minutes of trading.
In New York, the Dow Jones industrial average gained 86.63 points to 20,983.24, while the S&P 500 index added 12.81 points at 2,403.71. The Nasdaq composite index climbed 31.22 points to 6,152.45.
The Canadian dollar was trading at 73.22 cents US, stronger than Friday’s average of 72.92 cents US.
The June crude oil contract was up US$1.38 at US$49.22 per barrel and the June natural gas contract was down six cents at US$3.36 per mmBTU.
The June gold contract was up US$6.20 at US$1,233.90 an ounce and the July copper contract was up three cents at US$2.55 a pound.
On the TSX, BlackBerry Ltd. shares set a new 52-week high, returning to levels reached infrequently over the past two years.
Shares of Eldorado Gold were down following its friendly takeover offer for Integra Gold, which was up about 40 per cent on the TSX Venture Exchange…
Home sales cool last month after record March, Greater Toronto Area leads decline
– canadianbusiness.com
Home sales cooled in April after setting a record the previous month as the pace of transactions in the Greater Toronto Area slowed, the Canadian Real Estate Association said Monday.
There was a 1.7 per cent decrease in sales over the MLS system last month compared with March, said the association, which represents more than 100,000 real estate brokers, agents and salespeople in the country.
In nearly two-thirds of all local markets across Canada, sales fell. The decline was led by a 6.7 per cent drop in the Greater Toronto Area, where concerns have grown about housing affordability.
Last month, the Ontario government announced more than a dozen measures in an effort to stabilize the market and ease worries about a bubble, including a 15 per cent tax on foreign homebuyers.
“It’s quite clear that Ontario’s serving of policy changes had a cooling effect late in April through tempered demand and a big increase in listings (perhaps as sellers sensed a looming correction),” Robert Kavcic, senior economist with BMO Capital Markets, said in a research note…
There was a 1.7 per cent decrease in sales over the MLS system last month compared with March, said the association, which represents more than 100,000 real estate brokers, agents and salespeople in the country.
In nearly two-thirds of all local markets across Canada, sales fell. The decline was led by a 6.7 per cent drop in the Greater Toronto Area, where concerns have grown about housing affordability.
Last month, the Ontario government announced more than a dozen measures in an effort to stabilize the market and ease worries about a bubble, including a 15 per cent tax on foreign homebuyers.
“It’s quite clear that Ontario’s serving of policy changes had a cooling effect late in April through tempered demand and a big increase in listings (perhaps as sellers sensed a looming correction),” Robert Kavcic, senior economist with BMO Capital Markets, said in a research note…
