Inside a Canadian venture capital firm during the SVB storm

Even in Canada, tech startups and the firms who fund them felt the shockwaves of the Silicon Valley Bank’s failure. Here’s how it went down Published Mar 16, 2023  •  Last updated 13 hours ago  •  6 minute read Police officers leave Silicon Valley Bank’s headquarters in Santa Clara, California on March 10, after U.S. authorities… Continue reading Inside a Canadian venture capital firm during the SVB storm

Capital gains tax and more changes that could target higher-income Canadians in the next federal budget

Jamie Golombek: Ottawa says it’s looking to close tax loopholes that benefit the wealthy and corporations Published Mar 16, 2023  •  Last updated 18 hours ago  •  5 minute read Finance Minister Chrystia Freeland holds a news conference before delivering the 2022-23 budget, in Ottawa, on April 7, 2022. Photo by Blair Gable/Reuters We have a… Continue reading Capital gains tax and more changes that could target higher-income Canadians in the next federal budget

Joe Oliver: The Trans Mountain financial fiasco just got worse

Will go down in history as a shockingly high-priced project with startling cost overruns Published Mar 16, 2023  •  Last updated 19 hours ago  •  4 minute read A pipe yard servicing Trans Mountain in Kamloops, B.C. Photo by Jennifer Gauthier/Reuters/File Photo Late Friday afternoon, the traditional slot for bad news, Trans Mountain Corporation (TMC) announced… Continue reading Joe Oliver: The Trans Mountain financial fiasco just got worse

REITs and RELPs give investors commercial real estate exposure, but they are distinctly different vehicles

Chris Warner: Commercial real estate can be an important additional asset class for the right investors Published Mar 15, 2023  •  5 minute read Commercial and residential buildings in Vancouver. Photo by James MacDonald/Bloomberg The best-performing asset class in many portfolios last year was commercial real estate. That was certainly the case for Nicola Wealth… Continue reading REITs and RELPs give investors commercial real estate exposure, but they are distinctly different vehicles

Toronto stocks join global selloff as Credit Suisse sparks concerns

TSX recorded its worst day since December 2022 Author of the article: Published Mar 15, 2023  •  Last updated 9 hours ago  •  1 minute read A sign board displaying the TSX in Toronto’s financial district. Photo by Evan Buhler/The Canadian Press Canada’s main stock index fell 1.6 per cent on Wednesday, dragged down by energy… Continue reading Toronto stocks join global selloff as Credit Suisse sparks concerns

Canadian start-ups face funding ‘pressure cooker’ in wake of SVB collapse

Bottleneck likely to split the market into the worthy and the bereft Published Mar 13, 2023  •  Last updated 1 day ago  •  5 minute read The Silicon Valley Bank branch office in downtown San Francisco, California. Photo by Kori Suzuki/Reuters files The demise of Silicon Valley Bank will add to the pressure on Canadian venture-stage… Continue reading Canadian start-ups face funding ‘pressure cooker’ in wake of SVB collapse

Canada yields take historic dive as investors bet on interest rate cuts

Investors betting the Bank of Canada will cut rates in coming months to counter fallout U.S. bank collapses Author of the article: Bloomberg News Esteban Duarte and Erik Hertzberg Published Mar 13, 2023  •  Last updated 1 day ago  •  2 minute read Bank of Canada governor Tiff Macklem. Photo by Blair Gable/Reuters The yield on… Continue reading Canada yields take historic dive as investors bet on interest rate cuts

Canada is a buying opportunity despite series of headwinds: David Rosenberg

Here’s why a reputed bear has turned bullish on Canada Published Mar 14, 2023  •  Last updated 10 hours ago  •  4 minute read Economist David Rosenberg at an event in Toronto, in January. Photo by Peter J. Thompson/National Post David Rosenberg, one of the most widely followed economists on Bay Street, advised his clients and… Continue reading Canada is a buying opportunity despite series of headwinds: David Rosenberg