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The best bank accounts for students in Canada 2020

Photo by javier trueba on Unsplash Table of contents With the cost of tuition and books—not to mention rent, food and transportation—students bear a significant economic burden. To ease the financial strain, savvy Canadian students take advantage of student discounts offered by many major retailers, on some modes of transportation, and on some services or […]

Zscaler Announces Intent to Acquire CSPM Company Cloudneeti

Cloud security stock Zscaler (ZS) has today announced the intent to acquire Cloudneeti, to provide its customers with industry-leading data protection coverage. Shares of ZS, which have popped 39% year-to-date, fell slightly on the news. Cloudneeti addresses Cloud Security Posture Management (CSPM), which revolves around identifying and preventing/ remediating misconfigurations across cloud environments. This is […]

Meir Statman on Coronavirus, Behavioral Finance: The Second Generation, and More

Meir Statman is, in the words of Arnold S. Wood, “an academic detective.” From his perch as the Glenn Klimek Professor of Finance at Santa Clara University, he has helped pioneer the field of behavioral finance and offered compelling insights into what investors want. In his latest book Behavioral Finance: The Second Generation from the […]

Eurozone Recovery Falters — What’s Next?

This opinion piece was written just prior to the outbreak of the coronavirus epidemic in the West. The authors believe that the pandemic will increase the necessity and therefore the probability of fiscal integration in the eurozone. Based on the leading economic indicators, the eurozone economy may be heading for a prolonged slowdown or possibly […]

Michael Kors, Versace Parent Furloughs U.S. Workers, Suspends Share Buyback

Capri Holdings Ltd. (CPRI) on Wednesday announced that it would furlough all of its 7,000 employees in North America and suspend share buybacks as its stores remain closed amid the coronavirus pandemic. The parent to fashion luxury brands Jimmy Choo, Versace and Michael Kors, said it expects shops in North America and Europe to be […]

So you’re thinking about buying stock right now…

Photo by Allie Smith on Unsplash COVID-19 continued its disruption of the stock market, with equities bouncing around once again as March drew to a close and April kicked off. The S&P 500 finished down by about 3.5%, while the S&P/TSX Composite Index rose by about 1.5%. Overall, the two markets are down by 25% […]

5-Star Analyst Reiterates Bullish Stance on Lyft Stock; Here’s Why

Anyone need a Lyft (LYFT)? It’s funny how such an ordinary question appears so out of place, but it is only a reflection of these surreal times. The ride sharing platform, as would be expected in these lockdown days, has endured a torrid time in 2020. Year-to-date, Lyft stock is down nearly 50%. On Tuesday, […]

Can you reduce the amount of tax withheld on RRSP withdrawals?

Photo created by freepik – www.freepik.com Q. As a recent retiree, I am receiving CPP and OAS, and have a small company pension. As a resident of B.C., I am subject to tax of 5.06% for the first $40,707 of income. My projected taxable income for the 2019 tax year will be less than that—$30,500, including […]

Best credit cards for online shopping

Photo created by freepik – www.freepik.com In Canada, online shopping accounts for purchases in the billions annually, and it’s easy to see why. Instead of pounding the pavement, braving fitting rooms or standing in lines, online shoppers make their purchases with a few clicks and taps. Plus, who doesn’t like getting mail? When it comes […]

“We Will Get through This”: A Physician and Venture Capitalist on Coronavirus

Andrew “Drew” Senyei, MD, is a medical doctor who has spent much of his life starting and growing biotechnology companies. He spent 25 years as managing director of Enterprise Partners Venture Capital and was the founding investor in Nuvasive, a non-invasive orthopedic company. Currently, he serves as executive chair of NeoSeq, a company that focuses […]

France’s Carrefour Joins Forces With Uber Eats For Home Delivery Service

French supermarket chain Carrefour SA (CRRFY) teamed up with Uber’s (UBER) Eats unit on Wednesday to launch a delivery service, to meet demand for groceries and essential products during the France’s nationwide coronavirus lockdown. Starting April 6, the delivery service will be available from 15 Carrefour stores in Paris and surroundings and will then be […]

Where to find and apply for COVID-19 financial relief

Increased federal benefits The federal government is automatically raising the amount of Canada child benefit (CBC) that is paid to every family by $300 per child per month. The payment increases will begin in May. The government will also make a one-time payment for families with modest incomes through the GST/HST credit. Individuals can expect […]