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Financial News

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

real estate buildings in Canada

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…

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

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…

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