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Why are mortgages so expensive in Canada? A look at 2024 and 2025 + MORE Jan 21st
Housing affordability—while still extremely expensive in many of Canada’s major real estate markets—was all over the map in 2024, as central bank interest rate cuts reduced mortgage rates, and a lack of demand in the first half of the year kept a lid on buyer competition.
According to the y.... More »
How your tax bracket decides whether a TFSA or RRSP contribution is best + MORE Feb 25th
I was a bit surprised to learn recently that TFSAs had just ‘turned ten’. It seems like just yesterday that I was answering questions from the media about how these newfangled government-sponsored programs might change the landscape for investing in general and retirement planning in particul.... More »
Suitability of Investments: Why it's so complicated but doesn't need to be Jan 28th
There is much on-going controversy in the financial advice industry amongst regulators, so-called and real advisors and their firms and consumer advocates about the current suitability standard for recommending investments versus a possible best interests standard.There are three main issues:1) suit.... More »
Disaster and the Wealth of Nations + MORE Aug 28th
Texans will rebound from the awful flooding with their usual élan..... More »
Stock market news live updates: Stocks rally, Intel craters, as inflation data cools - Yahoo Canada Finance Jan 27th
Stock market news live updates: Stocks rally, Intel craters, as inflation data cools Yahoo Canada FinanceU.S. stocks retreat as traders weigh earnings, PCE data BNN BloombergStocks Jump As Recession Fears Ease BarchartNasdaq 100 Heading for Best Week Since November: .... More »
Sudden currency move spoils business at Indian food market
– canadianbusiness.com
NEW DELHI – The scale of India’s cash economy can be seen in the Azadpur Mandi wholesale fruit and vegetable market. Trucks bring load after load of fresh produce to its grimy lanes every day. Then a complex web of wholesale merchants, smaller traders and retailers delivers the produce to most of north India.
Almost every transaction, like most in India, is done in cash. And business at the massive New Delhi market is evaporating, the food spoiling and wasted, two weeks after the government’s surprise currency move made more than 80 per cent of India’s banknotes useless.
By withdrawing all 500- and 1,000-rupee notes from circulation, the government is trying to clean India’s economy of “black money,” or untaxed wealth. Its success remains to be seen, but for now the move has created serpentine queues outsides banks and ATMs of people replacing their rupee notes or making small withdrawals.
Few people have access to banks, however. The vast majority of Indians earn and spend in cash, and more than half of the country’s 1…
Almost every transaction, like most in India, is done in cash. And business at the massive New Delhi market is evaporating, the food spoiling and wasted, two weeks after the government’s surprise currency move made more than 80 per cent of India’s banknotes useless.
By withdrawing all 500- and 1,000-rupee notes from circulation, the government is trying to clean India’s economy of “black money,” or untaxed wealth. Its success remains to be seen, but for now the move has created serpentine queues outsides banks and ATMs of people replacing their rupee notes or making small withdrawals.
Few people have access to banks, however. The vast majority of Indians earn and spend in cash, and more than half of the country’s 1…
Tequila producer Jose Cuervo has put its IPO on hold following the election of Donald Trump, which has weighed on Mexican stocks and currency, according to people familiar with the matter.
Average weekly earnings, year-over-year change
– theglobeandmail.com
No description available
Canadian firms using mobile tech to help world’s unbanked
– theglobeandmail.com
Low-cost digital banking services part of effort to improve quality of life to those off the financial grid
Why TSX outperformance will likely fade in 2017
– theglobeandmail.com
‘Buy Canada’ trade expected to wane as investors seek U.S. assets amid rising economic expectations in that country
