800-pound gorilla thwarted by Bombardier's savvy move: Don Pittis + MORE Oct 18th

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How much does life insurance cost in Canada? + MORE Mar 22nd

Life insurance is often touted as the financial safety net we all need, but what if it’s an added expense you’re not sure you can afford? If that’s your thinking, you’re far from alone—a 2019 study showed that most Canadians are underinsured, with 49% having never purchased life insurance.... More »

School software hack hits school boards across six Canadian provinces - CTV News + MORE Jan 13th

School software hack hits school boards across six Canadian provinces  CTV NewsCybersecurity breach of Nova Scotia school system could have financial impact  Global News TorontoPowerSchool paid hackers a fee to delete stolen data: Manitoba school board memo  CBC.caSask..... More »

How to plan for retirement for Canadians: A review of Four Steps to a Worry-Free Retirement course + MORE Oct 26th

With November incoming and being Financial Literacy Month in Canada, it seems appropriate to devote this edition of the Retired Money column to a new Canadian DIY retirement course created by MoneySense’s “Making sense of the markets” columnist Kyle Prevost. Entitled 4 Steps to a .... More »

Red Hat stock up 47% after $34B US takeover by IBM Oct 29th

Shares of Red Hat skyrocketed 47 per cent at the opening of trading in New York Monday after IBM, in the biggest acquisition of its 100-year history, acquired the software company..... More »

Variable mortgage rates regaining traction as Bank of Canada cuts rates - CTV News Sep 5th

Variable mortgage rates regaining traction as Bank of Canada cuts rates  CTV NewsBank of Canada reduces policy rate by 25 basis points to 4¼%  Bank of CanadaPosthaste: CIBC says the 'when' for Canadian dividend stocks is now  Financial PostMarket Quote: Bank of Canada .... More »
Giving away its prize asset, the CSeries aircraft, is Bombardier’s smartest investment in years.

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Here’s why Bill Morneau didn’t sell his stock or set up a blind trustFinance Minister Bill Morneau appears at Commons committee for pre-budget consultations on Parliament Hill in Ottawa on Tuesday, Feb. 23, 2016. (Sean Kilpatrick/CP)
Bill Morneau wasn’t in the House today to face a sustained, gleeful onslaught from Conservative and NDP MPs over why, after he became finance minister, he didn’t either sell his shares in Morneau Shepell—the pension management company he built up from a family business to a major publicly traded corporation—or put his stake in a blind trust.
Those are the two options clearly spelled out in the federal Conflict of Interest Act. Morneau will remain under intense pressure to explain more precisely and publicly why, when he made the leap from business to politics, he opted for a third way of avoiding conflicts. Today he sent a letter, which he released to the media, to federal Ethics Commissioner Mary Dawson, declaring that he has followed her advice on all this “diligently,” but is open to revisiting the matter now, since “these recommendations have recently been the subject of increased public scrutiny…

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Veteran investor Marc Faber has resigned his board seats at three companies based in Canada following comments he made in his investment newsletter that America was better off because it was settled by white people instead of black people.

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Toronto StarMorneau using ethics loophole to maintain ownership of shares in family businessCTV NewsOTTAWA — Finance Minister Bill Morneau continues to own shares in his family's business Morneau Shepell through a corporate structure that keeps him from having to divest or put his shares in a blind trust, CTV News has learned. Morneau has been able …Please, no questions for the finance minister: Robyn UrbackCBC.caVOICE OF THE PEOPLE – Oct. 18, 2017TheChronicleHerald.caHere's why Bill Morneau didn't sell his stock or set up a blind trustMacleans.caTimes LIVEall 32 news articles »

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