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What does high inflation mean for your retirement savings? + MORE Jan 4th
Welcome to The Fourth Estate, our new column that looks at investing and retirement planning through a journalistic lens, asking the questions of who, what, where, when and, of course, why. For our first article, financial planner and writer Robb Engen looks at how high inflation affects investments.... More »
Surviving baby’s first year + MORE Aug 10th
(Photograph by Roberto Caruso)
When Jacqueline Misshula went on maternity leave last September, the Toronto-based human resources manager had the typical concerns of most first-time parents. Could she handle the constant feedings, non-stop diaper changes, serious lack of shut-eye—and would there b.... More »
Home sales across Canada register biggest monthly decline in nearly 5 years + MORE Jun 15th
Home sales across the country dropped sharply last month, driven by a plunge in the Greater Toronto Area (GTA) after the Ontario government imposed a tax on foreign buyers aimed at cooling the red-hot market.
The number of residential properties sold nationwide fell by 6.2 per cent in May compared t.... More »
Orders for US durable goods rebounded in July + MORE Aug 25th
WASHINGTON – Orders to U.S. factories for big-ticket manufactured goods surged in July, lifted in part by the biggest increase in orders in a key investment category since January.
Orders for durable goods jumped 4.4 per cent in July, rebounding from a 4.2 per cent plunge in June, the Commerce.... More »
The End: Betiana Namambwe Mubili, 1988-2017 + MORE Oct 18th
Betiana Mubili.
Betiana Namambwe Mubili, whom everyone called Betty, was born on April 14, 1988, in Kitwe, Zambia. Her father, Viktor, left for England on a two-year engineering scholarship shortly after. While he was gone, her 17-year-old mother, Betsy, married another man.
Betty could be a feisty,.... More »
Ex-Texas official: Trump U probe dropped due to politics
– canadianbusiness.com
WASHINGTON – Republican Texas Attorney General Ken Paxton has moved to muzzle a former state regulator who says he was ordered in 2010 to drop a fraud investigation into Trump University for political reasons.
Paxton’s office issued a cease and desist letter to former Deputy Chief of Consumer Protection John Owens on Friday after Owens made public copies of a 14-page internal summary of the state’s case against Donald Trump for scamming millions from students of his now-defunct real estate seminar.
Owens, now retired, said his team had built a solid case against the now-presumptive Republican presidential nominee, but was told to drop it after Trump’s company agreed to cease operations in Texas.
The former state regulator told The Associated Press on Friday that decision was highly unusual and left the bilked students on their own to attempt to recover their tuition money from the celebrity businessman.
According to the documents provided by Owens, his team sought to sue Trump, his company and several business associates to help recover more than $2…
Paxton’s office issued a cease and desist letter to former Deputy Chief of Consumer Protection John Owens on Friday after Owens made public copies of a 14-page internal summary of the state’s case against Donald Trump for scamming millions from students of his now-defunct real estate seminar.
Owens, now retired, said his team had built a solid case against the now-presumptive Republican presidential nominee, but was told to drop it after Trump’s company agreed to cease operations in Texas.
The former state regulator told The Associated Press on Friday that decision was highly unusual and left the bilked students on their own to attempt to recover their tuition money from the celebrity businessman.
According to the documents provided by Owens, his team sought to sue Trump, his company and several business associates to help recover more than $2…
As Fort McMurray fire captain Ryan Pitchers battled the wildfire known as “The Beast” with all his might, he wondered, as a business owner, if his downtown pet food store would still be standing afterwards.
The Toronto Real Estate Board must let its member brokers release more home sales data to the public via the internet, the federal Competition Tribunal ordered Friday, in a move that could resonate across Canadian real estate markets.
Handout or no? Swiss mull $2,500 monthly income for all
– canadianbusiness.com
GENEVA – Would you accept about $2,500 from your government every month, no questions asked?
Swiss voters get a choice Sunday in a referendum that, while not specifying a figure, asks if they want “unconditional basic income.” Experts estimate a minimum of 2,500 Swiss francs ($2,560) per month is needed for an individual to make ends meet in wealthy Switzerland, where private-sector health insurance is required and the cost of living is sky-high.
Critics warn that the policy would explode the state budget. The Swiss government itself advises voters to reject the proposal, and polls suggest it will fail in a country known for free-market policies and a high-tech, capitalistic financial sector.
Proponents, however, insist the time has come for a minimum monthly wage as sweeping 21st-century economic changes like robots displacing factory workers make jobs more precarious in the digital age. They say they’re seeking momentum more than outright victory.
Polls have suggested that only about one-quarter of Swiss voters back the idea…
Swiss voters get a choice Sunday in a referendum that, while not specifying a figure, asks if they want “unconditional basic income.” Experts estimate a minimum of 2,500 Swiss francs ($2,560) per month is needed for an individual to make ends meet in wealthy Switzerland, where private-sector health insurance is required and the cost of living is sky-high.
Critics warn that the policy would explode the state budget. The Swiss government itself advises voters to reject the proposal, and polls suggest it will fail in a country known for free-market policies and a high-tech, capitalistic financial sector.
Proponents, however, insist the time has come for a minimum monthly wage as sweeping 21st-century economic changes like robots displacing factory workers make jobs more precarious in the digital age. They say they’re seeking momentum more than outright victory.
Polls have suggested that only about one-quarter of Swiss voters back the idea…


