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Emerging economies: Border crossing
It was just over a year ago that the stock market’s recovery officially began. Between March 9 and May 7, 2009, the S&P/TSX composite index jumped more than 2,800 points, and investors were thrilled that the dark days of the recession were over. Since then, however, the picture hasn’t been as rosy. In the following 11 months, the markets have climbed only 1,800 points, leaving anxious...
Business plan: Another piece of the pie
Any good entrepreneur knows that when an idea strikes, you write it down wherever you are — even if it’s a smoky bar. When Nick Quain’s big idea hit 10 years ago, he was in the midst of a heated discussion with a technology-minded friend (who would soon become his business partner). With a beer in one hand and a napkin near the other, the Web media exec began jotting down his thoughts...
Income trusts: Trust temptation
Leslie Lundquist will never forget where she was the day Finance Minister Jim Flaherty announced the federal government would tax income trusts. It was a Halloween afternoon in 2006, and the fund manager at Calgary’s Bissett Investment Management was sitting in a colleague’s office, having a casual, late-day chat. “Then my phone started ringing off the hook,” she says. When she heard the...
Get a 50% return, guaranteed
Imagine if your financial adviser came to you with a secure (and legal) way to get a guaranteed 50% return on your money. You’d likely say ‘yes’ pretty quickly. Well, no need to imagine any longer, because that’s exactly what you can get if you’re lucky enough to have a share ownership plan at work.
Brock McEwen, a director at Great West Life, says that with his company’s plan, for...
Tags: investing
Bryan Borzykowski is a Toronto-based writer and editor working mainly for business publications. He writes for the New York Times, Canadian Business magazine, Globe and Mail, Bloomberg Businessweek Custom Publishing, Toronto Star, MoneySense and more. Bryan's the editor of Review magazine and is a senior editor with Connected for Business magazine. He's also a contributing writer with Hello! Canada and was once a weekly music columnist for Metro News. He's been nominated for several National Magazine Awards and he's co-authored