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Financial News

We cover selected Canadian financial news and provide commentary and analysis on financial newsworthy stories in general.

The Best Undervalued Stocks In Canada

We will update this Best Stocks In Canada list as earnings release and as prices fluctuate. They may not reflect the latest price by the day, but we update it frequently. (Updated Jan 31, 2023) Given the inflationary and rising interest rates environment we’re in, we think the best stocks in Canada right now are…

ByJohn WilsonJanuary 31, 2023

Financial News Real Estate

The Prohibition on the Purchase of Residential Property by Non-Canadians Act Now In Effect

The Government of Canada has implemented a new law to help make homes more affordable for Canadians. The Prohibition on the Purchase of Residential Property by Non-Canadians Act was put in effect on January 1, 2023, and will prevent non-Canadians and corporations controlled by non-Canadians from purchasing residential property in Canada for a period of…

ByJohn WilsonJanuary 1, 2023

programmer laptop with lines of code. Constellation Software buys WideOrbit and spins out Lumine Group

Financial News Markets

Constellation Software’s Lumine Group buys WideOrbit and files preliminary prospectus for spin-out

Constellation Software is a company that specializes in acquiring, managing, and building specialized software businesses. The company's business model is centered around acquiring niche software companies, helping them to grow and expand their operations, and then managing them as part of its portfolio. This allows Constellation Software to generate revenue from a diverse range of…

ByJohn WilsonDecember 12, 2022

Economy Financial News Mortgage Personal Finance

This 40 Year Mortgage Extension Can Avoid You Losing Your Home

When you experience significant financial hardship, it can feel like your world is crashing down around you. You may be struggling to pay your bills, keep a roof over your head, or put food on the table. It can be a very stressful and overwhelming time. There are some things that you can do to…

ByJohn WilsonDecember 6, 2022

Financial News Investing Markets

Why A Scandal Like Elizabeth Holmes Theranos Is Bound To Happen Again

Elizabeth Holmes was sentenced to more than 11 years in jail earlier this week for fraud. What actually played out in the Theranos situation and why is it bound to happen again? What are the commonalities between the Beyond Meat, Peloton and this Elizabeth Holmes fraud? The answer is: the “story stock”. Here, the Silicon…

ByJohn WilsonNovember 21, 2022

Financial News Markets

Elizabeth Holmes Sentenced To 11 Years In Prison

Elizabeth Holmes is an American entrepreneur and founder of Theranos, a now-defunct company that promised to revolutionize blood testing. She was indicted on multiple counts of fraud in 2018 and faced up to 20 years in prison if convicted. After multiple delays, today she was sentenced to 11 years and 3 months in prison. Elizabeth…

ByJohn WilsonNovember 18, 2022