Here’s how much more a TFSA can help you save + MORE Jul 11th

TSX getting you down? There are always sound investment alternatives.
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Donald Trump’s tweets about rising stock prices plotted against the market decline + MORE Feb 10th

At one point on Friday Feb. 9, the Dow Jones Industrial Average fell to its lowest level since late November, before rebounding. Since January 26, the Dow has dropped close to 10 per cent, the first significant decline in stock prices since Donald Trump moved into the White House. Before the downtur.... More »
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Saudi Crown Prince calls Iran's Supreme Leader 'the new Hitler' - The Globe and Mail + MORE Nov 24th

The Globe and MailSaudi Crown Prince calls Iran's Supreme Leader 'the new Hitler'The Globe and MailSaudi Crown Prince Mohammed bin Salman attends the Future Investment Initiative conference in Riyadh, Saudi Arabia, on Oct. 24, 2017. Hamad I Mohammed/REUTERS. DUBAI. Reuters. 4 hours ag.... More »

Apple in talks with China’s Baidu as part of generative AI ambitions: Report - The Indian Express Mar 23rd

Apple in talks with China’s Baidu as part of generative AI ambitions: Report  The Indian ExpressApple in Talks to Use Baidu's AI in Chinese iPhones, WSJ Says  BloombergBaidu Stock Gains On Report It Held Talks With Apple For AI In China  Investor's Business DailyExclu.... More »
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Fintech platforms outpace bank brokerages in new survey + MORE Apr 9th

Fintech companies are leading in client satisfaction compared with self-directed brokerages at traditional banks, a new report shows. A JD Power survey on investor satisfaction found fintechs aren’t just winning on consumer satisfaction but are also perceived to be more innovative and equally .... More »
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Thanksgiving teaches us some financial lessons that can apply all year round Oct 11th

Be generous with your time, money and your feast this holiday weekend as you give thanks for what you have while reflecting and hoping for better financial health in the months to come..... More »
How you can help those affected by B.C. wildfires
As thousands of people are displaced by raging wildfires across British Columbia, many companies and organizations are stepping up to do their part.
Here’s a list of different ways you can help those who are displaced or affected.
Canadian Red Cross
The Red Cross is currently supporting the province in providing help to those living in areas impacted by the wildfires.
You can make a financial donation here, which will be used to provide essentials like cots, blankets, services, financial assistance for food and more.
“Your donation may also help re-entry and go towards more long-term recovery, resiliency and preparedness.”
If you are a Rogers customer and would like to pitch in, you can always do so by texting FIRES to 4-5-6-7-8 to make a 10 dollar donation.
BC Liquor Stores
You can make an in-store donation at any BC Liquor store. Funds are being collected for BC Fires Red Cross relief efforts, and will go directly to the Red Cross.
“Show your support by making a donation of $2 or $5—or multiples thereof at any BC Liquor Store…

Continue Reading On macleans.ca »

German Chancellor Angela Merkel says she’s open to restarting talks with the United States on a trade deal with the European Union.
The dpa news agency reported Tuesday that Merkel told a business audience in Bavaria that President Donald Trump’s administration had signalled it is ready to negotiate and that “for me a Trans-Atlantic agreement remains on the daily agenda.”
On a trip to Berlin last month, U.S. Commerce Secretary Wilbur Ross said the U.S. and EU should have a free trade agreement. Negotiations for the Trans-Atlantic Trade and Investment Partnership deal, known as TTIP, started under the Obama administration but have been stalled since last year.
Merkel says protectionist policies can be self-defeating.
She says “it’s been repeatedly shown that open markets have economic advantages for all parties involved.”
The post Merkel reiterates support for US EU trade deal appeared first on Canadian Business – Your Source For Business News.

Continue Reading On canadianbusiness.com »

Here’s how much more a TFSA can help you saveThere were more than 11.7 million TFSA holders in 2014, according to the latest statistics available from the Canada Revenue Agency (CRA).
Slowly but surely, more and more Canadians are opening a TFSA to supercharge their savings (the 2017 TFSA contribution limit is set at $5,500).
The TFSA is very flexible. Unlike an RRSP, there are no withdrawal limits, making the tax-free savings account the perfect place for short- and medium-term savings goals, such as an emergency fund, a wedding, or a trip. It can also be used to save for retirement.
The TFSA is tax sheltered, meaning you don’t have to pay taxes on any capital gains, interest income, or dividend income earned. The ability to shield your investments from the CRA can translate into huge savings down the road.
Consider the following example: You’re 26, live in Alberta, and decide to put $5,500 in a TFSA annually (it’s worth noting that up until this point, you’ll have accumulated $52,000 in TFSA contribution room). The infographic below shows how much you’d make over 10 years in a TFSA vs…

Continue Reading On moneysense.ca »

The Ontario Securities Commission says it has reached a preliminary settlement deal with Manulife Securities Inc. after a number of clients were inadvertently charged excessive investment fees.

Continue Reading On cbc.ca »

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