Latest News on private equity markets

US Regulator Charges ‘Cryptocrash’ Boss with Fraud

BBC | Annabelle Liang | Feb 27, 2023 US financial regulators have charged failed South Korean cryptocurrency boss Do Kwon and his company Terraform Labs with "orchestrating a multi-billion dollar crypto asset securities fraud". "We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for


The post US Regulator Charges ‘Cryptocrash’ Boss with Fraud first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

The CRA is Going After Day Traders Who Use Their TFSAs

FP | Jamie Golombek | Feb 16, 2023 Unlike an RRSP, a TFSA is not exempt from paying tax on business income from day trading In the past few years, active trading in a TFSA has been a focus area for the Canada Revenue Agency’s audit and reassessment activities, and the agency has been targeting


The post The CRA is Going After Day Traders Who Use Their TFSAs first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Public Inquiry: Rouleau Says, “Federal Government Met the Threshold to Invoke Emergencies Act”

CBC | Catherine Tunney | Feb 17, 2023 Commissioner Paul Rouleau said today the federal government met the "very high" threshold needed to invoke the Emergencies Act last winter, citing "a failure in policing and federalism." The law defines a national emergency as a situation that "cannot be effectively dealt with under any other law


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2 years ago

Finance Canada Publishes the Canada Innovation Corporation Blueprint for $2.6 Billion Over 4 Years

Department of Finance Canada | Release | Feb 16, 2023 Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, released a blueprint that will guide the operations of the new Canada Innovation Corporation (CIC). In creating the CIC, the government is


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2 years ago

What Makes Gold A Compelling Global Investment?

Feb 17, 2023 Gold is one of the earliest traded commodities in human history. Gold was common among royals and wealthy families for thousands of years. However, over the years, it has become one of the popular ways to invest your hard-earned money. Investing in gold is easier said than done. You may encounter several


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2 years ago

Top 6 Ways Students Can Use VPN to Their Benefit

Guest Post | Feb 17, 2023 Today, students have access to a wide variety of technologies, sites, apps, and tools that aim to make their lives better. But, while some tools are already widely-used, there are some that most students still don’t use to their benefit. And one of them is VPN. If you are


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2 years ago

Economists still worry recession could be on the way. But here's how a soft landing may still be possible

The path to lower inflation may not be a straight line, according to economists. Here's why the Fed's efforts to curb high costs may lead to a recession.

2 years ago

Amid persistent inflation, 54% of Americans are using savings to pay for everyday expenses

It's getting harder for Americans to make ends meet without dipping into their cash reserves, a new report finds.

2 years ago

Medicare expenses in retirement could top $383,000 for a couple with high drug costs, study finds

The amount you spend on health care in retirement depends at least partly on how you choose to supplement your basic Medicare coverage.

2 years ago

Microsoft’s AI Chatbot is an Emotionally Manipulative Liar (and some people love it)

The Verge | James Vincent | Feb 15, 2023 Microsoft’s Bing chatbot has been unleashed on the world, and people are discovering what it means to beta test an unpredictable AI tool. Users have been reporting all sorts of ‘unhinged’ behavior from Microsoft’s AI chatbot. In one conversation with The Verge, Bing even claimed it


The post Microsoft’s AI Chatbot is an Emotionally Manipulative Liar (and some people love it) first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

IRS commissioner nominee to 'ensure that America's highest earners comply with tax laws.' Here are the key takeaways from Senate hearing

Daniel Werfel, President Joe Biden's nominee to lead the IRS, answered questions before the Senate Finance Committee this week. Here's what to know.

2 years ago

Equitable Bank Acquires Concentra and Will Become Canada’s 7th Largest Bank

Investment Executive | Staff | Feb 8, 2023 Toronto-based Equitable Group Inc. says it has agreed to acquire digital rival Concentra for $470 million, a move that will make it Canada’s seventh-largest bank.The acquisition would result in Canada’s seventh-largest bank Equitable is buying SaskCentral’s 84% equity interest in Concentra and has support agreements from Concerta


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2 years ago

India stock markets have been volatile. Analysts say these sectors are worth watching

India is set to pump up its capital expenditure in hopes to grow its economy, and analysts are suggesting now's the time to invest in these sectors.

2 years ago

How to pay 0% capital gains taxes with a six-figure income in 2023

There are higher taxable income thresholds for the 0%, 15% and 20% long-term capital gains brackets for 2023. Here's what to know.

2 years ago

Apprenticeship programs are becoming more popular as an alternative to college

Some experts say the value of a bachelor’s degree is fading and more emphasis should be directed toward career training.

2 years ago