TSX getting you down? There are always sound investment alternatives.
Latest News
How to Make Your Office More Sustainable Feb 14th
If the walls of Avison Young’s new Edmonton headquarters could talk, they might want to brag about their new threads. To up its sustainability factor, the real estate firm has insulated its new office with recycled denim jeans—210 pairs to be exact, mechanically separated and formed into batts, .... More »
U.S. investment banks’ trading slump could head north to Canada + MORE Jul 18th
Wall Street performance strengthens analysts’ expectations that Canadian firms will report lower results at end of current quarter
.... More »
Take control of your finances with these budgeting tips for young adults + MORE Nov 28th
As you start your career and earn a living, you’ll have to figure out how to manage your money on your own. It’s not uncommon to look at your bank balance and wonder where all your money went, even though you just got paid. That’s why you’ll want to create a budget.
According to an RBC p.... More »
TSX has one of its best days of the year on rally by three largest sectors - Yahoo Canada Finance Jun 18th
TSX has one of its best days of the year on rally by three largest sectors Yahoo Canada FinanceCanada's main stock index inched to within one per cent of a record high Tuesday on a broad-based rally spurred on by renewed hope of U.S. interest rate cuts ....... More »
This couple's situation cries out for a financial plan + MORE Aug 14th
A properly conceived financial plan will allow them to consider such worst-case scenarios objectively and plan for different outcomes..... More »
Donald Trump, Barron Trump and Melania Trump attends Trump Invitational Grand Prix Mar-a-Lago Club at The Mar-a-Largo Club on January 4, 2015 in Palm Beach, Florida. (Gustavo Caballero/Getty Images)PALM BEACH, Fla. — Donald Trump says he received a $17 million insurance payment in 2005 for hurricane damage to Mar-a-Lago, his private club in Palm Beach. But The Associated Press has found little evidence of such large-scale damage.
Two years after a series of storms, the real estate tycoon said he didn’t know how much had been spent on repairs, but acknowledged he pocketed some of the money. He transferred funds into his personal accounts, saying that under the terms of his policy “you didn’t have to reinvest it.”
“Landscaping, roofing, walls, painting, leaks, artwork in the—you know, the great tapestries, tiles, Spanish tiles, the beach, the erosion,” he said of the storm damage. “It’s still not what it was.”
Trump’s description of extensive damage does not match the versions of Mar-a-Lago members and even Trump loyalists…
The close: S&P 500 hits two-week high on strong earnings
– theglobeandmail.com
But TSX stocks sag as commodities prices turn south
On trade, the EU needs to step up – and Canada needs to move on
– theglobeandmail.com
Canada has offered concessions on investment dispute provisions and other measures. If the EU can not conclude a trade deal with Canada, with whom can they do so?
Atlantic City belt-tightening plan aims to avoid takeover
– canadianbusiness.com
ATLANTIC CITY, N.J. – Atlantic City plans to sell land, lay off 100 more workers, pay down most of its $500 million debt and slash other expenses during the next five years to fight off a threatened state takeover of its assets and decision-making power.
Mayor Don Guardian unveiled the city’s long-awaited fiscal turnaround plan Monday evening, just days before New Jersey lawmakers and Republican Gov. Chris Christie’s administration are to consider whether the struggling seaside gambling resort can no longer be trusted to manage its own affairs.
The city will use $110 million from the sale of the historic Bader Field former airport site and $105 million in bonds it will issue to pay off much of its massive debt, part of which was caused by successful tax appeals from casinos whose property has lost tens of millions of dollars as the city’s gambling market continues to shrink.
The plan envisions a $103 million settlement with the Borgata, which is owed more than $150 million in tax refunds, but the city and casino have not yet agreed on a deal…
Mayor Don Guardian unveiled the city’s long-awaited fiscal turnaround plan Monday evening, just days before New Jersey lawmakers and Republican Gov. Chris Christie’s administration are to consider whether the struggling seaside gambling resort can no longer be trusted to manage its own affairs.
The city will use $110 million from the sale of the historic Bader Field former airport site and $105 million in bonds it will issue to pay off much of its massive debt, part of which was caused by successful tax appeals from casinos whose property has lost tens of millions of dollars as the city’s gambling market continues to shrink.
The plan envisions a $103 million settlement with the Borgata, which is owed more than $150 million in tax refunds, but the city and casino have not yet agreed on a deal…


