Six reasons to be grateful you don’t live in a hot housing market + MORE Apr 13th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Alberta government plans to table recall legislation for MLAs, local councils - CBC.ca Feb 25th

Alberta government plans to table recall legislation for MLAs, local councils  CBC.ca'Do what is necessary': Kenney hints at investment in major oil and gas project  Edmonton JournalProvincial investment in oil and gas may be needed in changing investment climate, Kenney says&nbs.... More »

Alexei Navalny's wife detained by police at anti-Kremlin protest in Moscow - CBC.ca Jan 23rd

Alexei Navalny's wife detained by police at anti-Kremlin protest in Moscow  CBC.caRussia arrests 350 protesters demanding Navalny's release  CTV NewsAlexei Navalny releases investigation into Vladimir Putin's wealth  Guardian NewsBiden’s predecessors emboldened Putin..... More »

One of Canada's biggest translation firms faces financial ruin amid a global trail of debts Feb 13th

Able Translations was once one of the biggest companies of its kind in Canada, but a CBC investigation has unearthed the vast extent of the firm's financial delinquency — and its machinations for dealing with it..... More »

Making sense of the markets this week: April 17 + MORE Apr 14th

Million Dollar Journey editor and Canadian Financial Summit founder Kyle Prevost shares financial headlines and offers context for Canadian investors. If a TFSA and an RRSP had a child: The new FHSA As part of the 2022 budget, the government unveiled its new tax-free first home savings account.... More »

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 »
Why does Canada give away its best ideas in AI?Wynne at the Vector Institute funding announcement; she and other political leaders hope government investment will make Canada a leader in artificial intelligence. (Cole Burston/Bloomberg/Getty Images)
The opening of the Vector Institute for artificial intelligence at the end of March served as an opportunity for politicians from all levels of government to champion their commitment to jobs, technology, and most importantly, innovation. The Toronto-based facility received $100-million from the province and the federal government, plus an anticipated $80-million in private funding, to become a “world-leading centre” for AI research. “These investments strengthen our position as a global leader in the innovation economy,” Ontario Premier Kathleen Wynne was quoted as saying in a news release. “By encouraging cutting-edge technology like AI,” federal Finance Minister Bill Morneau enthused, “we will be with Canadians every step of the way as they lead us into a future filled with possibility…

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A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead

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We should celebrate the Canadian cities with more or less normal real estate conditions

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U.S. investors size up earnings from several major banks and new economic data

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Canada’s oldest independent newspaper _ whose newsroom has been on strike for over a year _ has bought all of Transcontinental Media’s newspapers in Atlantic Canada.
The Halifax Chronicle Herald said Thursday that a new company, SaltWire Network, will comprise 27 Transcontinental newspapers and the novanewsnow.com website and the Herald’s own publications.
Mark Lever, president and CEO of SaltWire Network, wouldn’t divulge the financial terms of the transaction, but said being in 30 communities would give the entity a “renewed relevance.”
“The success here is going to be about connecting with our audiences and engaging them, and like every media organization we’ve got to find a way to monetize that successfully going forward,” Lever said in a telephone interview.
He said while talks had been ongoing with Transcontinental (TSX:TCL.A), the deal in the end came together quickly.
“Really it was us ultimately approaching them with a ‘Why not consider us?’ idea,” he said…

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