Tag: Investment

Fraudsters are getting better at what they do, and it’s costing Canadians billions | CTV News

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In the past decade, incidents of fraud have risen sharply across Canada, but in that same time, the proportion of cases solved by law enforcement has reached a 20-year low, leaving tens of thousands of victims and millions of dollars in losses unresolved. Statistics Canada data show that 150,000 cases of fraud were reported to police in 2022, the highest-ever in the available data and nearly double the 79,000 cases reported in 2012. Read full story here: Fraudsters are getting better at what they do, and it’s costing Canadians billions…

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8 Key Things About TFSAs And How Canadians Use Them | MoneySense

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TFSAs have been with us now for almost 10 years, and Canadians are cheering the much-anticipated annual contribution rise to $6,000 for 2019. In fact, the saving vehicle has become as much loved as hockey, poutine, and Tim Horton’s coffee. So this year’s BMO annual TFSA report, conducted by Pollara, offers some key insights into Canadians and their TFSA behaviour. Read full story here: 8 Key Things About TFSAs And How Canadians Use Them | MoneySense

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‘I Was Truly Shocked’: Canadian Banned From U.S. Over Pot Investment | CTV News

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With the impending legalization of recreational marijuana this fall, Canadians with investments in American pot companies will have to be careful crossing the U.S. border following the news that one prominent businessman was banned for life. Sam Znaimer is a prominent venture capitalist in Vancouver who started investing in budding U.S. cannabis startup companies a few years ago. In May, Znaimer was trying to travel to the States when he was stopped by border officials. During the questioning, he said he was never asked about his personal consumption of the…

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