Under the transaction, Northern Superior’s shareholders will receive 0.0991 of an Iamgold share and 19 cents in cash for each common share of Northern Superior. The offer implies a total value of $2.05 per Northern Superior share, based on the closing price of the Iamgold...
Prerna Mathews, vice-president of ETF product strategy at Mackenzie Investments, said covered call ETFs typically invest in dividend-paying equities and further enhance income by writing call options on those holdings. A call option provides the right to purchase a security at a set price. She...
The first can be regarded by retirees and those on the cusp of retirement as a must read: William Bengen’s A Richer Retirement, the long-awaited update of his classic book on the much-cited 4% Rule: Conserving Client Portfolios During Retirement. First published in 2006, that book was...
The Cenovus offer values MEG at $8.6 billion, including assumed debt, and is made up of half cash and half stock. MEG shareholders are set to vote on the proposal on Oct. 22. Cenovus and MEG have neighbouring oilsands properties at Christina Lake, south of Fort...
This guide breaks down exactly what to look for so you can quickly assess your investments and make informed decisions. Why review your investment statement? Regularly reviewing your investment statement allows you to: Confirm that transactions are accurate See whether your portfolio value is performing as expected Understand what you...
Choosing the right credit card for your stage in life Credit cards that come with more perks and benefits are likely to carry an annual fee, which can be as high as $799. Most credit cards on the market though have fees closer to $120 per...
What is the game here? What are fraud artists trying to accomplish? “The premise of social media is that you’re creating and keeping in touch with a circle of trusted contacts,” says Julie Kuzmic, senior compliance officer, consumer advocacy at Equifax Canada. “Your network of contacts...
Cineplex says box office revenue for the third quarter totalled $159.5 million, down from $174.9 million a year earlier. Cineplex chief executive Ellis Jacob says outside a tough comparative last August, with the release of Deadpool & Wolverine, the third-quarter box office performed well compared with...
Online and tax valuations often mislead Online valuation tools are convenient, but they rely on broad averages and incomplete data. Municipal tax assessments, on the other hand, are designed for revenue collection, not market precision. Both can be tens of thousands of dollars off the mark. For...
The Toronto Regional Real Estate Board said the 5,592 homes sold last month was up 8.5% from September of last year, and up 2% on a seasonally adjusted basis from August. The rise in sales came as the average selling price was down 4.7% from...
Subscribe to our weekly newsletter below and never miss the latest product or an exclusive offer.
