Economy

Want to know how risky your portfolio is? How it performed in 2018 will give you a good idea

The Canadian Securities Administrators (CSA) require that investment dealers and counsellors show clients their portfolio returns and fees paid in an annual report.Brent Lewin/Bloomberg Your year-end investment statement will be hitting the mailbox any day now. You’ll also be receiving important supplementary information. The Canadian Securities Administrators (CSA) require that investment dealers and counsellors show […]

Finance

Your biggest tax asset in retirement may be sleeping right beside you

Because Canadians can split certain kinds of income, your biggest tax asset may just be your spouse. As I am discovering while I prepare annual tax returns for myself and my wife (who at 64 is one year my junior), moving from wealth accumulation to “decumulation” is more complicated than holding down a full-time job […]

Just because your ex failed to disclose assets, doesn’t mean you get a cut

Taking this step when filing your taxes can help you avoid a gross negligence penalty from the CRA

Canadians using their homes as ATMs in a swooning housing market put financial system at risk: DBRS

Real Estate

Liberals vows to axe credit card swipe fees, give money for websites, in package of pledges for small business

The Liberal government says it will eliminate the so-called "swipe fee" on sales taxes that merchants must pay to credit-card companies on every transaction.File Photo TROIS-RIVIERES, Que. — Liberal Leader Justin Trudeau is unveiling a package of pledges today that he says will help boost small and medium-sized businesses. During a campaign stop in Trois-Rivieres, […]

Family businesses own a bigger chunk of Canada’s economy than you think — way bigger

Down to Business podcast: Why Ottawa wants small businesses to export more

Calgary’s small businesses to get break from rising property tax bills

Top News

Real Estate

Liberals vows to axe credit card swipe fees, give money for websites, in package of pledges for small business

The Liberal government says it will eliminate the so-called "swipe fee" on sales taxes that merchants must pay to credit-card companies on every transaction.File Photo TROIS-RIVIERES, Que. — Liberal Leader Justin Trudeau is unveiling a package of pledges today that he says will help boost small and medium-sized businesses. During a campaign stop in Trois-Rivieres, […]

Family businesses own a bigger chunk of Canada’s economy than you think — way bigger

Your biggest tax asset in retirement may be sleeping right beside you

Just because your ex failed to disclose assets, doesn’t mean you get a cut

Business

Top-performing hedge fund is shorting Canadian banks on all the usual suspects — and something even more worrying

"Canadian banks will be left holding the bag and the ones to suffer from what is likely to be a major economic recession," Tavi Costa, a global macro analyst at Denver-based Crescat, says.Canadian Press/Tijana Martin A small U.S. hedge fund that was a top performer last year is shorting Canadian banks. Crescat Capital sees the […]

B.C.’s money laundering problem may involve billions of dollars, documents say

Milton Friedman is right, profit is a company’s only purpose

China offers to ramp up U.S. imports for six years to eliminate trade imbalance, sources say