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Global Trading Platform Moomoo CA Rings the Opening Bell at Toronto Stock Exchange

Retrieved on:

Tuesday, March 26, 2024

Friends, Stockbroker, Muumuu, TFSA, Level 2, Savings account, News, Toronto Stock Exchange, Bloomberg, TSX, Strategy, RRSP, Level 1, TMX, Registered retirement savings plan, Online shopping

Toronto, Ontario--(Newsfile Corp. - March 26, 2024) - Moomoo Financial Canada Inc. (Moomoo CA) , a leading next generation stock trading platform, rings the opening bell at the Toronto Stock Exchange to celebrate its approval as a TSX and TSXV non-trading member on March 26, 2024.

Key Points:

Toronto, Ontario--(Newsfile Corp. - March 26, 2024) - Moomoo Financial Canada Inc. (Moomoo CA) , a leading next generation stock trading platform, rings the opening bell at the Toronto Stock Exchange to celebrate its approval as a TSX and TSXV non-trading member on March 26, 2024.
Moomoo CA rings the opening bell at Toronto Stock Exchange.
Moomoo CA is honored to be approved by TMX effective March 29th as a non-trading member of the TSX/TSXV.
It's a new milestone for moomoo as we continue to expand our services and offerings in the Canadian market."

Indwell to Create 140 Units of Supportive Housing in Hamilton, Ontario, Using Innovative Financing Strategy

Retrieved on:

Friday, March 22, 2024

Community, Health, Homelessness, Organization, Opioid, Mental health, Acquisition, Quality of life, Life, Poverty, Housing, RRSP, Investment, Disability, Hope

Indwell is raising $5M in financing through community bonds to launch four projects that will create an additional 140 units of supportive and affordable housing in Hamilton to provide individuals that face chronic homelessness with a foundation to flourish.

Key Points:

Indwell is raising $5M in financing through community bonds to launch four projects that will create an additional 140 units of supportive and affordable housing in Hamilton to provide individuals that face chronic homelessness with a foundation to flourish.
Indwell will offer their community of supporters the opportunity to help finance pre-development activities for upcoming affordable housing projects.
Jeff Neven, Chief Executive Officer, Indwell, said “At Indwell, we are seeing homelessness being catapulted into a size never seen before.
This is a significant challenge that is expensive and limiting for Indwell in developing new affordable, supportive housing.

Moomoo Canada Obtains TSX and TSX Venture Exchange Membership

Retrieved on:

Monday, March 4, 2024

TORONTO, March 4, 2024 /PRNewswire/ -- Moomoo Financial Canada Inc. ("Moomoo Canada", [1]), a leading one-stop digitalized stock trading platform, is proud to announce its acceptance as a Toronto Stock Exchange (TSX) and TSX Venture Exchange non-trading member, effective March 29, 2024.

Key Points:

TORONTO, March 4, 2024 /PRNewswire/ -- Moomoo Financial Canada Inc. ("Moomoo Canada", [1]), a leading one-stop digitalized stock trading platform, is proud to announce its acceptance as a Toronto Stock Exchange (TSX) and TSX Venture Exchange non-trading member, effective March 29, 2024.
This new TSX and TSX Venture Exchange membership will make great contributions to the over 50 licenses and qualifications earned by moomoo and its affiliates that are trusted by over 21 million global users in several major financial markets, including the U.S., Canada, Singapore, Australia, Japan, Malaysia, etc.
Steve Zeng, moomoo's Head of Global Strategy, expressed his enthusiasm for the new membership: "We are thrilled to become a non-trading member of the TSX and TSX Venture Exchange.
Only a few months after entering the Canadian market, the moomoo app became the top-3 most downloaded online brokerage app in Canada [2].

INTEREST RATES AND INFLATION PUTTING RETIREMENT AT RISK - ESPECIALLY FOR MORTGAGE HOLDERS AND RENTERS

Retrieved on:

Tuesday, February 27, 2024

Thought, Income tax, Growth, Retirement, RRSP, Housing, EVP, Face, Risk, Real estate

For those who have mortgage payments, over half (51 per cent) have also saved less than they planned to by now.

Key Points:

For those who have mortgage payments, over half (51 per cent) have also saved less than they planned to by now.
As a result, many are putting their retirement at risk, especially those who pay a mortgage or rent," said Rob Wesseling, President and CEO, Co‑operators.
While more than half (57 per cent) of mortgage-free homeowners are confident their RRSP and other savings will fund their retirement, mortgage holders and renters are much less confident.
Only three in 10 (28 per cent) mortgage holders and two in 10 (22 per cent) of renters think their RRSP and savings will be enough.

Canadians prioritizing their immediate savings goals over long-term investments: CIBC Poll

Retrieved on:

Monday, February 12, 2024

TFSA, Investment, Retirement, CIBC, Probability, RRSP, Woman, Cryptocurrency

"The preference for short-term liquidity and stable returns suggests many Canadians are focused on today and less so on long-term accumulation of wealth or retirement," said Carissa Lucreziano, Vice-President Financial and Investment Advice, CIBC.

Key Points:

"The preference for short-term liquidity and stable returns suggests many Canadians are focused on today and less so on long-term accumulation of wealth or retirement," said Carissa Lucreziano, Vice-President Financial and Investment Advice, CIBC.
This is especially important given that Canadians expect to retire at around age 60 on average – relatively unchanged over the last several years.
These findings are from a Maru Public Opinion online survey undertaken exclusively for CIBC and fulfilled by the sample and analyst experts at Maru/Blue .
A probability sample of this size has an estimated margin of error (which measures sampling variability) of +/- 2.3%, 19 times out of 20.

PWTransit workers ratify new agreement, ending nearly two-month-long strike

Retrieved on:

Friday, February 2, 2024

Mechanics, Government, Pacific Western Transportation, Parity, Unifor, Private sector, Social justice, Tokelau, Mechanic, HandyDART, BC Transit, RRSP

The ratification vote took place Feb. 1 with 80% voting in support of the new agreement.

Key Points:

The ratification vote took place Feb. 1 with 80% voting in support of the new agreement.
The union estimates it will take about another week to get the buses roadworthy.
Workers at PWTransit withdrew bus services the morning of Dec. 15, 2023.
Unifor is Canada's largest union in the private sector, representing 315,000 workers in every major area of the economy.

Residential builders call on governments to work together on housing supply crisis in 2024

Retrieved on:

Thursday, January 4, 2024

Tax, Government, Research, City, RRSP, GST, Housing, Singing, Population growth, HST, Renewable energy

“Last year was a painful year for housing construction and, at the rate we are going, we’re not even close to fixing the crisis,” says RESCON president Richard Lyall.

Key Points:

“Last year was a painful year for housing construction and, at the rate we are going, we’re not even close to fixing the crisis,” says RESCON president Richard Lyall.
“Ridiculous red tape, along with excessive fees, taxes, levies, development charges and bureaucracy are choking housing supply and pushing home ownership out of reach of many.
The residential construction industry is ready, willing and able to work with governments to turn the ship around.
But we must start now with serious action.”
RESCON is the province’s leading association of residential builders committed to providing leadership and fostering innovation in the industry.

43% of Canadians are not confident they will be able to retire when they initially planned: TD Survey

Retrieved on:

Tuesday, December 5, 2023

RRSP, TFSA, Investment, My Home Purchase Plan, Retirement, Survey, Tax-free savings account, Knowledge, Face, Education, Cryptocurrency, Financial adviser, Renewable energy, Life insurance, Bank

A recent TD survey found that 43 per cent of Canadians are not confident they will be able to retire when they initially planned.

Key Points:

A recent TD survey found that 43 per cent of Canadians are not confident they will be able to retire when they initially planned.
When it comes to financial planning, the survey also found that 47 per cent of Canadians do not feel confident in their level of investment knowledge.
Our survey shows that 90 per cent of Canadians with a personalized financial plan believe it is helping them reach their financial goals."
From opening accounts to developing a comprehensive financial plan, customers can take charge of their financial well-being, wherever they are.

Mistplay® Recognized as One of Canada's Top 100 Employers for 2024

Retrieved on:

Friday, November 17, 2023

Fortnight, Celebration, Organization, RRSP, Learning, Culture, Top 100, Finance, Mediacorp, Canada's Top 100 Employers, Mental health, Health, Video game, Nursing

MONTREAL, Nov. 17, 2023 /PRNewswire/ - Mistplay Inc. , the leading loyalty app for mobile gamers, has been recognized as one of Canada's Top 100 Employers for 2024 .

Key Points:

MONTREAL, Nov. 17, 2023 /PRNewswire/ - Mistplay Inc. , the leading loyalty app for mobile gamers, has been recognized as one of Canada's Top 100 Employers for 2024 .
This recognition speaks to the company's commitment to fostering an exceptional employee experience in today's hybrid work environment.
Increased Registered Retirement Savings Plan (RRSP) contribution matching of 100% up to 5% of base salary.
Canada's Top 100 Employers is an editorial competition that recognizes employers with exceptional human resources programs and forward-thinking workplace policies.

Young money: four-in-five Canadian teens are highly motivated to become financially independent

Retrieved on:

Tuesday, November 7, 2023

Eight-in-ten Canadian teens report they are confident in their understanding of money.

Key Points:

Eight-in-ten Canadian teens report they are confident in their understanding of money.
The pressure to achieve financial goals by a certain age is also a concern for more than half of young Canadians (56%).
The report suggests there are still some financial gaps for Black, Indigenous and People of Colour (BIPOC) teens and women.
Young people of colour report feeling less confident in their understanding of money compared to Caucasian males (76% versus 83%).