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How much to take out of your RRSP in your 60s Oct 4th
Many retirees have the bulk of their retirement savings in registered retirement savings plans (RRSPs) or similar tax-deferred registered accounts. RRSPs need to be used to buy an annuity or more commonly converted to a registered retirement income fund (RRIF) by Dec. 31 of the year someone turns 71.... More »
The close: TSX dips as oil price drop offsets bank earnings + MORE May 25th
S&P 500 hits record high after upbeat retail results
.... More »
Law restricting foreign property buyers amended, opening door for non-Canadian NHLers - Sportsnet.ca Mar 29th
Law restricting foreign property buyers amended, opening door for non-Canadian NHLers Sportsnet.caFederal government eases some restrictions on non-Canadians purchasing property CBC NewsFederal rule change allows foreign home buyers to make purchases again The Globe .... More »
Morneau to weigh in on OSFI's ‘bank’ branding crackdown + MORE Jul 25th
Canadian banking regulator announced plan to levy penalties against non-bank financial institutions using terms such ‘banking’ and ‘banker’ last month, drawing credit-union trade group’s ire
.... More »
High borrowing costs, record completions lead to condo oversupply Sep 12th
Greater Toronto Area-real estate watchers say the combination of high interest rates and an uptick in new condo units coming online has led to an oversupply that will take time to balance out.
A report by TD economist Rishi Sondhi said sales activity hasn’t been absorbing supply fast enough.... More »
Foreign sellers pump energy assets back into Canadian hands
– theglobeandmail.com
Norway’s Statoil, Royal Dutch Shell of the Netherlands and U.S. oil major ConocoPhillips all jettisoned heavy oil and oil sands assets over the past four months
Bombardier shares up after report of rail merger talks with Germany’s Siemens
– canadianbusiness.com
Shares of Bombardier were up more than four per cent Tuesday following a report that the company and German-based Siemens AG are in talks to merge their train businesses.
Bloomberg, citing unnamed sources it said were familiar with the matter, reported that the proposed joint venture could be worth at least US$10.6 billion.
Bombardier declined to comment and Siemens couldn’t immediately be reached.
Such a deal would require approval from antitrust authorities and could face opposition from unions over concerns about potential job cuts.
Bombardier (TSX:BBD.B) shares rose nine cents at $2.31 in late morning trading on the Toronto Stock Exchange.
Last year, Bombardier completed the sale of a 30 per cent stake in its transportation business to Quebec pension fund manager Caisse de depot for US$1.5 billion as it faced financial challenges caused in part by railway delays and the development of the CSeries commercial aircraft and Global 7000 business jet.
Analyst Chris Murray of AltaCorp Capital says it’s not surprising that the two railway manufacturers would be talking about creating a European powerhouse that could compete with China Railway Rolling Stock Corp…
Bloomberg, citing unnamed sources it said were familiar with the matter, reported that the proposed joint venture could be worth at least US$10.6 billion.
Bombardier declined to comment and Siemens couldn’t immediately be reached.
Such a deal would require approval from antitrust authorities and could face opposition from unions over concerns about potential job cuts.
Bombardier (TSX:BBD.B) shares rose nine cents at $2.31 in late morning trading on the Toronto Stock Exchange.
Last year, Bombardier completed the sale of a 30 per cent stake in its transportation business to Quebec pension fund manager Caisse de depot for US$1.5 billion as it faced financial challenges caused in part by railway delays and the development of the CSeries commercial aircraft and Global 7000 business jet.
Analyst Chris Murray of AltaCorp Capital says it’s not surprising that the two railway manufacturers would be talking about creating a European powerhouse that could compete with China Railway Rolling Stock Corp…
Why you should avoid microcaps, a hot lumber stock, and all that you need to know about pot stocks
– theglobeandmail.com
A roundup of investment ideas for active investors
Pembina Pipeline looking to build West Coast terminal near Prince Rupert, B.C.
– canadianbusiness.com
Pembina Pipeline Corp. (TSX:PPL) has signed a non-binding letter of intent to develop a liquefied petroleum gas export terminal on Watson Island, south of Prince Rupert, B.C.
The Calgary-based pipeline operator signed the agreement with Prince Rupert Legacy Inc., a wholly owned subsidiary of the City of Prince Rupert.
The company said it has started a site assessment for the West Coast project and engagement with stakeholders including aboriginal communities.
Initial assessments indicate the development of an export terminal with a capacity of about 20,000 barrels per day of LPG at a capital cost ranging between $125 million and $175 million, Pembina said.
The company said it expects a project timeline of two years from a final investment decision.
The project is still subject to completion of design and engineering requirements, appropriate definitive agreements, environmental and regulatory permits and the approval of Pembina’s board.
The post Pembina Pipeline looking to build West Coast terminal near Prince Rupert, B…
The Calgary-based pipeline operator signed the agreement with Prince Rupert Legacy Inc., a wholly owned subsidiary of the City of Prince Rupert.
The company said it has started a site assessment for the West Coast project and engagement with stakeholders including aboriginal communities.
Initial assessments indicate the development of an export terminal with a capacity of about 20,000 barrels per day of LPG at a capital cost ranging between $125 million and $175 million, Pembina said.
The company said it expects a project timeline of two years from a final investment decision.
The project is still subject to completion of design and engineering requirements, appropriate definitive agreements, environmental and regulatory permits and the approval of Pembina’s board.
The post Pembina Pipeline looking to build West Coast terminal near Prince Rupert, B…
United CEO manages apology in third statement since man dragged screaming from overbooked plane – National Post
– news.google.ca
National PostUnited CEO manages apology in third statement since man dragged screaming from overbooked planeNational PostAfter two days of conflicting explanations, falling stock prices and worldwide outrage, United Airlines entered full mea culpa mode Tuesday, with its chief executive apologizing for the “horrific event” in which a passenger was dragged from a plane …United pledges to review policies on removal of passengersNews1130United passenger treated for injuries, Senate committee leaders ask for answers680 NewsUnited Airlines CEO apologizes after backlash over dragged passengerThe Globe and MailCTV News -Huffington Post Canada -Globalnews.ca -Toronto Sunall 2,606 news articles »
