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MoneySense magazine: Sept/Oct 2016
– moneysense.ca
MoneySense magazine: Sept/Oct 2016Volume 18, Number 6
Download the MoneySense app to read this issue on your tablet or smartphone, it’s free for subscribers!
You can also find issues of MoneySense magazine along with 100+ other titles on the Texture app. Start your 30-day free trial now!
Below is just some of what you’ll find inside this latest issue.
How not to raise money monsters
Canada’s Best Credit Cards 2016
Unlock your loyalty riches
To hell with this housing market
Editor’s Letter
Talk
Let’s meet a MoneySense Approved Advisor: Julia Chung
Start
The tuition always rises, Send airline fees packing, 5 things your plumber isn’t telling you
Ask Bruce
How to find investment courses
Plan
Welcome to the new CPP, Am I on track?
Family Profile
By: Julie Cazzin
Retired Money
By: Jonathan Chevreau
Invest
Risk + Return, Portfolio Fix, Index Investor, Value Hunter, Do the Math
Confide
Author, model and host of Top Chef, Padma Lakshmi on her first job
The post MoneySense magazine: Sept/Oct 2016 appeared first on MoneySense.
The parade of Canadian banks reporting solid earnings continued Thursday as TD Bank and CIBC both posted third-quarter earnings that topped the average expectations of analysts.
Business Highlights
– canadianbusiness.com
__
Yellen, in speech Friday, could send signal about next hike
WASHINGTON (AP) — The job market is humming, and so are the U.S. financial markets, with major stock indexes near record highs.
All that would normally trigger a green light for the Federal Reserve to raise interest rates. Yet the Fed, still casting a wary eye on the economy, has yet to signal that it will resume raising rates soon.
That signal, though, could come as soon as Friday, when Fed Chair Janet Yellen will address the annual meeting of the world’s central bankers in Jackson Hole, Wyoming.
___
Mylan boosts EpiPen patient programs, doesn’t budge on price
Mylan is bulking up programs that help patients pay for its EpiPen emergency allergy treatment after weathering heated criticism about an average cost that has soared over the past decade. But the drugmaker didn’t budge on its price hikes Thursday, which have drawn ire both in Congress and from families that have had to shell out increasingly large sums for the potentially life-saving treatment…
Yellen, in speech Friday, could send signal about next hike
WASHINGTON (AP) — The job market is humming, and so are the U.S. financial markets, with major stock indexes near record highs.
All that would normally trigger a green light for the Federal Reserve to raise interest rates. Yet the Fed, still casting a wary eye on the economy, has yet to signal that it will resume raising rates soon.
That signal, though, could come as soon as Friday, when Fed Chair Janet Yellen will address the annual meeting of the world’s central bankers in Jackson Hole, Wyoming.
___
Mylan boosts EpiPen patient programs, doesn’t budge on price
Mylan is bulking up programs that help patients pay for its EpiPen emergency allergy treatment after weathering heated criticism about an average cost that has soared over the past decade. But the drugmaker didn’t budge on its price hikes Thursday, which have drawn ire both in Congress and from families that have had to shell out increasingly large sums for the potentially life-saving treatment…
The cost of raising an Olympic athlete in Canada
– moneysense.ca
TORONTO – Cheryl Simundson can still vividly recall the time her daughter, two-time Olympic bobsled champion Kaillie Humphries, stood on a chair during a family dinner more than 20 years ago and announced her plans to win gold for Canada.“OK,” Simundson said she told the seven-year-old at the time, before telling her to sit down and finish dinner.
The Calgary mom knew she would support her kids in any endeavour they chose, and for Humphries that would now mean a long journey of emotional — and financial — help.
“Raising an Olympian,” said Simundson, “(there) never is an end to it.”
With another Olympic Games over, many young Canadians may now feel the drive to embrace a sport and work their way onto the podium.
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}How much prize money Canadian gold medalists win
But raising a star athlete isn’t cheap and the return on investment for most families will rarely, if ever, add up to the millions of dollars someone like Michael Phelps garners from endorsement deals…
Pardon me: Michigan plant making way for Grey Poupon mustard
– canadianbusiness.com
HOLLAND, Mich. – The state with a history of manufacturing motors and Motown music is making more room for mustard.
The Holland Sentinel reported (http://bit.ly/2bjAWUg ) Thursday that the Kraft Heinz Co. plant in the western Michigan city of Holland is expected to be the home of all Grey Poupon production in about a month. The plant also plans to expand production of yellow mustard.
The moves come amid a $17.2 million investment in the longtime Holland plant and addition of 50 employees. The expansion follows November’s announcement that the company would be closing seven plants in the U.S. and Canada and eliminating 2,600 jobs — about 14 per cent of its North American factory workforce.
The company, based in Chicago and Pittsburgh, was formed from the merger of Kraft and Heinz last year.
The post Pardon me: Michigan plant making way for Grey Poupon mustard appeared first on Canadian Business – Your Source For Business News.
The Holland Sentinel reported (http://bit.ly/2bjAWUg ) Thursday that the Kraft Heinz Co. plant in the western Michigan city of Holland is expected to be the home of all Grey Poupon production in about a month. The plant also plans to expand production of yellow mustard.
The moves come amid a $17.2 million investment in the longtime Holland plant and addition of 50 employees. The expansion follows November’s announcement that the company would be closing seven plants in the U.S. and Canada and eliminating 2,600 jobs — about 14 per cent of its North American factory workforce.
The company, based in Chicago and Pittsburgh, was formed from the merger of Kraft and Heinz last year.
The post Pardon me: Michigan plant making way for Grey Poupon mustard appeared first on Canadian Business – Your Source For Business News.
