American Depositary Receipts (ADRs) are securities of non-US corporations that trade in the US stock markets.  Individual shares of such foreign securities represented by ADRs are called as American Depositary Shares. ADRs are created when a broker purchases shares of a non-US corporation on its home stock exchange and transfers them to a local custodian…

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If you are a shareholder of a Canadian Controlled Private Corporation (CCPC), have employees with or without health coverage, and looking for a way to save overall taxes, then this article may be for you. With health care costs increasing every year, an entrepreneur reader emailed me to ask about the Health Spending Account (HSA).  The HSA…

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As seen in an earlier post, traditional GICs offer security of principal with a low rate of return (in the current interest environment) for locking in the money for set time periods. The longer the term, the better the rate offered. Callable GICs provide a better rate than traditional GICs to compensate for the risk…

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Becoming self-employed by starting a business, be it a convenience store or service-oriented work, is not an undertaking that many of us can relate to. Many of us are used to working for someone else and having the security of a steady cheque at the end of every pay period. Benefits such as RRSP matching,…

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Over the past few years, a group of bloggers have enlisted in a friendly competition as to who can pick the best stocks for the year. In 2011, I was a little less aggressive and picked well known names that appeared to be relatively undervalued at the beginning of the year. My top stock picks…

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