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Here’s how you can clean up your financial house by decluttering your life Sep 27th
If you’re looking for renewed energy for the later portion of the year, writes personal finance columnist Lesley-Anne Scorgie, get rid of distractions in your life so you can keep your eye on the financial ball.... More »
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago - TechCrunch + MORE Apr 30th
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago TechCrunch'If you're a shareowner in Amazon, you may want to take a seat' — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response CNBCAmazon posts higher 1Q s.... More »
The best GIC rates in Canada for 2026 + MORE Apr 8th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Ottawa puts $200M into space launch pad in Nova Scotia - CBC + MORE Mar 17th
Ottawa puts $200M into space launch pad in Nova Scotia CBCHistoric $200 million investment positions Nova Scotia spaceport as cornerstone of Canada’s defence capabilities canada.caOttawa investing $200-million in Nova Scotia spaceport to enable sovereign satellite launches&nb.... More »
Estate planning and trusts for a beneficiary with a disability Dec 28th
I am wondering who I would reach out to for estate planning advice. I have a family member on permanent disability (independent living) and wish to arrange a trust upon my death that would not interfere with his monthly support ceiling of one thousand dollars a month (the current income is approxima.... More »
Four ways to prepare for the inevitable stock-market crash
– theglobeandmail.com
A bit of psychological preparation can go a long way toward ensuring you’re among those who do best long-term by staying calm
Vancouver home sales dip 11.5 per cent in June compared with a year ago: board
– canadianbusiness.com
The Real Estate Board of Greater Vancouver says home sales dipped 11.5 per cent in June compared with a record high set a year ago.
The board says 3,893 properties changed hands last month compared with 4,400 residential property sales in June 2016.
Sales in June this year were down 10.8 per cent compared with May, when 4,364 homes were sold.
However, the board says last month’s sales were still 14.5 per cent above the 10-year sales average for the month of June.
The MLS composite benchmark price for all residential property types in Metro Vancouver was $998,700 _ a 7.9 per cent increase from a year ago and up 1.8 per cent compared with May 2017.
Board president Jill Oudil said demand for detached homes has eased back to more normal levels, while competition for condo units is leading to multiple offer scenarios and driving prices higher.
The post Vancouver home sales dip 11.5 per cent in June compared with a year ago: board appeared first on Canadian Business – Your Source For Business News.
The board says 3,893 properties changed hands last month compared with 4,400 residential property sales in June 2016.
Sales in June this year were down 10.8 per cent compared with May, when 4,364 homes were sold.
However, the board says last month’s sales were still 14.5 per cent above the 10-year sales average for the month of June.
The MLS composite benchmark price for all residential property types in Metro Vancouver was $998,700 _ a 7.9 per cent increase from a year ago and up 1.8 per cent compared with May 2017.
Board president Jill Oudil said demand for detached homes has eased back to more normal levels, while competition for condo units is leading to multiple offer scenarios and driving prices higher.
The post Vancouver home sales dip 11.5 per cent in June compared with a year ago: board appeared first on Canadian Business – Your Source For Business News.
Tesla stock
– theglobeandmail.com
No description available
Fed debating when to unwind $4.5 trillion in bond holdings
– canadianbusiness.com
The Federal Reserve is figuring out when to start unloading much of its $4.5 trillion in bond holdings _ a major turning point for an economy still healing from the 2008 financial crisis.
Some Fed officials want to announce the beginning of the process “within a couple of months,” according to minutes of the U.S. central bank’s June meeting released Wednesday. Others pushed for more time to first see how the broader U.S. economy fares during the second half of 2017.
What Fed officials all agreed upon in June was to publicly unveil its plan to gradually reduce the portfolio of bonds that built up after the Great Recession _ which was part of an effort to make long-term borrowing more affordable and spur growth. The economy has now reached a solid enough point that the Fed may look to begin unwinding its holdings at some point this year.
“It’s very clear that the Fed wants to remain vague,” said Lindsey Piegza, chief economist at the financial firm Stifel Fixed Income…
Some Fed officials want to announce the beginning of the process “within a couple of months,” according to minutes of the U.S. central bank’s June meeting released Wednesday. Others pushed for more time to first see how the broader U.S. economy fares during the second half of 2017.
What Fed officials all agreed upon in June was to publicly unveil its plan to gradually reduce the portfolio of bonds that built up after the Great Recession _ which was part of an effort to make long-term borrowing more affordable and spur growth. The economy has now reached a solid enough point that the Fed may look to begin unwinding its holdings at some point this year.
“It’s very clear that the Fed wants to remain vague,” said Lindsey Piegza, chief economist at the financial firm Stifel Fixed Income…
Alberta energy regulator turns to Supreme Court on well abandonment ruling
– canadianbusiness.com
Alberta’s energy regulator has asked the Supreme Court of Canada to review a ruling that could allow energy companies to walk away from cleaning up abandoned oil wells and affect industrial sites across the country.
In documents filed Tuesday, the regulator formally applied to the top court for leave to appeal the so-called Redwater decision.
In May 2016, an Alberta Queen’s Bench judge ruled in favour of the bankruptcy trustee of Redwater Energy Corp. The court ruled the sale of assets from bankrupt energy companies should go first to creditors, not to cleaning up the mess from the company’s operations.
“The decision’s resulted in unacceptable risks to Albertans and it presents an environmental risk across Canada to all industrial sectors,” said Ryan Bartlett, spokesman for the Alberta Energy Regulator.
The Redwater Energy Corp trustee and its lender, ATB Financial, wanted to sell off the company’s remaining producing wells to pay creditors. They argued a bankruptcy trustee is free to pick and choose from among the company’s assets and disclaim unproductive oil and gas wells…
In documents filed Tuesday, the regulator formally applied to the top court for leave to appeal the so-called Redwater decision.
In May 2016, an Alberta Queen’s Bench judge ruled in favour of the bankruptcy trustee of Redwater Energy Corp. The court ruled the sale of assets from bankrupt energy companies should go first to creditors, not to cleaning up the mess from the company’s operations.
“The decision’s resulted in unacceptable risks to Albertans and it presents an environmental risk across Canada to all industrial sectors,” said Ryan Bartlett, spokesman for the Alberta Energy Regulator.
The Redwater Energy Corp trustee and its lender, ATB Financial, wanted to sell off the company’s remaining producing wells to pay creditors. They argued a bankruptcy trustee is free to pick and choose from among the company’s assets and disclaim unproductive oil and gas wells…
