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Latest News
On the Street: Drivers react to B.C.'s driver gas price rebate - Kelowna News - Castanet.net Mar 26th
On the Street: Drivers react to B.C.'s driver gas price rebate - Kelowna News Castanet.netBC's gas relief rebate met with criticism CBC News: The NationalB.C. government announces gas relief rebate of $110 for ICBC customers CBC.caDrivers to receive $110 rebate throu.... More »
Musk Foils Tesla Claim It’s Handled Covid-19 Like Everybody Else - Bloomberg May 11th
Musk Foils Tesla Claim It’s Handled Covid-19 Like Everybody Else BloombergMusk threatens to exit California over virus restrictions CP24 Toronto's Breaking NewsCEO Elon Musk Threatens to Move Tesla From California, Sues Alameda County iPhone in CanadaElon Musk thre.... More »
Montreal’s financial sector tested by the black-hole pull of Toronto + MORE May 19th
Ottawa’s decision to put Canada Infrastructure Bank on Bay Street only adds to the rising sense of concern
.... More »
Linamar stock jumps in wake of $1.2-billion MacDon deal + MORE Dec 15th
It’s Linamar’s best day on the market since Nov. 7, when it reported a drop in third-quarter earnings compared with a year ago and missed analyst estimates
.... More »
Does Trump’s tough trade talk only undermine investment in the U.S.? + MORE Oct 11th
President Donald Trump prepares to speak at Mar-a-Lago in Palm Beach, Fla., Thursday, April 6, 2017, after the U.S. fired a barrage of cruise missiles into Syria Thursday night in retaliation for this week’s gruesome chemical weapons attack against civilians. (Alex Brandon/AP/CP)
Susan Ariel A.... More »
These stocks are set for big moves on Tuesday
– theglobeandmail.com
The U.S. retail sector, which is stumbling through an otherwise outstanding earnings season, will be the focus of Tuesday-morning trading
Who gets what in a blended family with no will?
– moneysense.ca
Q: What happens if I die, was previously married and had a will—but am now remarried (blended family) and have not written a new will? What happens to my estate if I die? How is it divided? Does my new spouse get all the assets? Or is it split between all children (his and mine)? Or do just my own children and spouse inherit everything? Or just my children?
—Donna
A: Donna, You ask, “What happens to your blended family if you die?”
The simple answer is that no one knows. No one can give you an answer without knowing your specific circumstances. You cannot get simple answers to comfort you. I’m not trying to scare you, but you need to get advice.
There are so many variables that determine who shares in your assets. Here are some variables that only involve children when parents die:
Minor Children Suffer Most
What are the ages of all children (his and yours)?
Are you supporting any children?
Are any children financially dependent?
Do you need guardians for children who are minors?
Should trusts be set up to invest minor’s inheritances?
Is any child on government assistance?
Should discretionary trusts be used for spendthrift children?
Do estranged children have claims to your estate?
Did you promise to pay for their children’s education or wedding?
You can protect minors with a will and estate plan…
2017 Financial Goals – May Update
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
2017 Financial Goals In previous updates I told you my wife and I focus on some financial goals…so we have a hope of realizing them. This blog is an enabler for that. Our 2017 money goals are rather simple but also aggressive. Stretch targets are good to have. They push you. As part of our…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article 2017 Financial Goals – May Update appeared first on My Own Advisor. All Rights Reserved.
2017 Financial Goals In previous updates I told you my wife and I focus on some financial goals…so we have a hope of realizing them. This blog is an enabler for that. Our 2017 money goals are rather simple but also aggressive. Stretch targets are good to have. They push you. As part of our…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article 2017 Financial Goals – May Update appeared first on My Own Advisor. All Rights Reserved.
Toronto stock index starts week higher in broad advance; loonie, gold, oil up
– canadianbusiness.com
Canada’s main stock index was higher to start the week with help from most of its major sectors as commodity prices moved up.
The S&P/TSX composite index was up 119.17 points to 15,657.05, after 90 minutes of trading.
In New York, the Dow Jones industrial average gained 86.63 points to 20,983.24, while the S&P 500 index added 12.81 points at 2,403.71. The Nasdaq composite index climbed 31.22 points to 6,152.45.
The Canadian dollar was trading at 73.22 cents US, stronger than Friday’s average of 72.92 cents US.
The June crude oil contract was up US$1.38 at US$49.22 per barrel and the June natural gas contract was down six cents at US$3.36 per mmBTU.
The June gold contract was up US$6.20 at US$1,233.90 an ounce and the July copper contract was up three cents at US$2.55 a pound.
On the TSX, BlackBerry Ltd. shares set a new 52-week high, returning to levels reached infrequently over the past two years.
Shares of Eldorado Gold were down following its friendly takeover offer for Integra Gold, which was up about 40 per cent on the TSX Venture Exchange…
The S&P/TSX composite index was up 119.17 points to 15,657.05, after 90 minutes of trading.
In New York, the Dow Jones industrial average gained 86.63 points to 20,983.24, while the S&P 500 index added 12.81 points at 2,403.71. The Nasdaq composite index climbed 31.22 points to 6,152.45.
The Canadian dollar was trading at 73.22 cents US, stronger than Friday’s average of 72.92 cents US.
The June crude oil contract was up US$1.38 at US$49.22 per barrel and the June natural gas contract was down six cents at US$3.36 per mmBTU.
The June gold contract was up US$6.20 at US$1,233.90 an ounce and the July copper contract was up three cents at US$2.55 a pound.
On the TSX, BlackBerry Ltd. shares set a new 52-week high, returning to levels reached infrequently over the past two years.
Shares of Eldorado Gold were down following its friendly takeover offer for Integra Gold, which was up about 40 per cent on the TSX Venture Exchange…
Home sales cool last month after record March, Greater Toronto Area leads decline
– canadianbusiness.com
Home sales cooled in April after setting a record the previous month as the pace of transactions in the Greater Toronto Area slowed, the Canadian Real Estate Association said Monday.
There was a 1.7 per cent decrease in sales over the MLS system last month compared with March, said the association, which represents more than 100,000 real estate brokers, agents and salespeople in the country.
In nearly two-thirds of all local markets across Canada, sales fell. The decline was led by a 6.7 per cent drop in the Greater Toronto Area, where concerns have grown about housing affordability.
Last month, the Ontario government announced more than a dozen measures in an effort to stabilize the market and ease worries about a bubble, including a 15 per cent tax on foreign homebuyers.
“It’s quite clear that Ontario’s serving of policy changes had a cooling effect late in April through tempered demand and a big increase in listings (perhaps as sellers sensed a looming correction),” Robert Kavcic, senior economist with BMO Capital Markets, said in a research note…
There was a 1.7 per cent decrease in sales over the MLS system last month compared with March, said the association, which represents more than 100,000 real estate brokers, agents and salespeople in the country.
In nearly two-thirds of all local markets across Canada, sales fell. The decline was led by a 6.7 per cent drop in the Greater Toronto Area, where concerns have grown about housing affordability.
Last month, the Ontario government announced more than a dozen measures in an effort to stabilize the market and ease worries about a bubble, including a 15 per cent tax on foreign homebuyers.
“It’s quite clear that Ontario’s serving of policy changes had a cooling effect late in April through tempered demand and a big increase in listings (perhaps as sellers sensed a looming correction),” Robert Kavcic, senior economist with BMO Capital Markets, said in a research note…
