Analysis: The owners of Greater Vancouver homes with a median value of $3.7 million pay income taxes of just $15,800 – which is exceedingly low for North American cities
Andrew Wilkinson is an important figure in the Canadian private equity industry. I was aware of him, but I was not aware that he had won the very first Ackman charity lunch. Although I was aware of him, I was not aware
The digital-only bank Revolut, which has its headquarters in the United Kingdom, has been keeping a low profile over the past few months due to the fact that its plans to expand internationally have slowed down somewhat. But today, it made the
In the latter part of this month, shareholders of Callidus Capital will vote on whether or not to accept a take-private offer with a price of $0.75 per share. This vote will be the final chapter in the history of Callidus Capital
SimpleTax acquired by Wealthsimple Last month, Wealthsimple bought SimpleTax, an online service in BC that lets people do their own taxes. This is a small acquisition for a company that just raised $130 million earlier this year. SimpleTax has about ten employees.
Robert Krembil: Another instance of the rich becoming wealthier Robert Krembil is considered a storied figure on Bay Street. Along with Michael Axford and Arthur Labatt, he was one of the three original founders of Trimark Financial. (Originating from the renowned brewery).
The assertion was made by the founder of Wealthsimple, Michael Katchen, in an article he penned in 2018 titled “Canada is bad at thinking big.” Global aspirations of Wealthsimple a resounding failure Wealthsimple launched its services in the United States for the
It appears to be the only major robo-advisor that I’ve found that has operations in three different nations. Even the largest US robo-advisors, which collectively manage double-digit billions of dollars, have not expanded their operations outside of the US. Because you are
Power Financial owns most of Koho, and Power owns almost all of Wealthsimple The Power/Portage group is also the biggest investor in Koho, and Michael Katchen is on the board of directors, so I will still need to talk a little bit
Allow me to begin by describing a defining moment in the establishment of Wealthsimple. In Canada, obtaining a license to manage discretionary funds typically necessitates two things: practical experience and a formal education (either the CFA or a more local, more expeditious
The Esteemed James S.A. MacDonald It would appear that JSA lost approximately ten million dollars in the past as a result of a derivative trade involving shares of Bank of Nova Scotia. This loss occurred in the past. Which ultimately led to