Canadians Deserve a Better Tax System
CPA Canada has released a number of resources that help us understand why our tax system needs updating and what should be done to improve it. Click here to view CPA Canada’s website.
Management
Opening a Canadian Discount Brokerage Account
So you’ve worked your way out of your parent’s house in the suburbs, achieved your initial career goals by working as a downtown professional, and now you realize its time to step up your financial game by making better use… Continue Reading
HISA Rates Update (18/11/18)
Most HISA rates from major Canadian issuers are up to 1.60% as of the time of writing. A cash portfolio of $1,000,000 will currently yield an annual income of $16,000 at this rate. Click here to view the latest High… Continue Reading
How to trade bitcoins on QuadrigaCX
Now that you’ve opened and verified and also funded your QuadrigaCX account, you are ready to trade some Canadian dollars and US dollars for bitcoins and ethereum. This post will explain how to make a trade on cryptocurrency exchange QuadrigaCX. After… Continue Reading
Creating a Legal Will for Ontario
Many Ontario residents do not have written wills. Dying without a will causes headache for loved ones who then have to deal with unnecessary financial and legal administrative costs during a time when they could be grieving. For most of… Continue Reading
Aston Hill Financial Update
Aston Hill Financial is a struggling mutual fund company trading on the TSX symbol AHF. The current market cap of AHF is only $10.64 million as the company is weighed down by a large debt in the form of convertible… Continue Reading
Power Financial Review
Power Financial is a holding company that is controlled by Power Corporation of Canada, which is in turn controlled by the French Canadian Desmarais family. The company was built by Paul Desmarais, who was a wealthy Canadian financier that used a type… Continue Reading
Emera selling most of AQN stake in secondary offering
http://www.marketwired.com/press-release/emera-inc-sells-501-million-common-shares-of-algonquin-power-utilities-corp-tsx-ema-2125964.htm
Reporting FX gains on USD investments
Now that the Canadian dollar has fallen in value against the US dollar, many Canadian investors with US holdings are wondering how to recognize these gains for tax reporting purposes. For investments inside registered accounts such as RSPs, RIFs, RESPs,… Continue Reading
Red Rock Resorts closer to IPO
Station Casinos’ corporate name will be Red Rock Resorts after IPO http://vegasinc.com/business/gaming/2016/jan/21/regulators-approve-station-casinos-initial-public/ http://www.bloodyelbow.com/2016/1/19/10789200/frank-lorenzo-fertitta-take-red-rock-resorts-public-ipo-ufc-news