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“Everything companies”: How Amazon’s playbook is reshaping competition in Canada + MORE Oct 28th
Canadian companies are nowhere near the size and scale of Amazon, but some of our most beloved brands now see themselves less as industry leaders and more as collections of varied financial assets. Consumers think of companies as offering goods and services, but this is not necessarily how companies.... More »
Nintendo shares slump as price hikes, games shortfall spook market - BNN Bloomberg May 11th
Nintendo shares slump as price hikes, games shortfall spook market BNN BloombergNintendo hiking price for Switch 2 consoles CBCNintendo plunges 8% after Switch 2 price hike and weak sales forecast CNBCAssessing Nintendo (TSE:7974) Valuation After Strong Earnings, Sof.... More »
Dow jumps 500 points on optimism over China, U.S. trade talk Mar 26th
North American stock markets jumped higher in early morning trading on Monday following Friday's steep losses as reports suggested the United States and China were willing to negotiate tariffs and trade imbalances to avert a trade war..... More »
Trump's Tariffs Keep Allies, Markets and Industry Guessing - New York Times Mar 24th
New York TimesTrump's Tariffs Keep Allies, Markets and Industry GuessingNew York TimesWASHINGTON — President Trump's flurry of trade moves this past week raised uncertainty and confusion among financial markets, trading partners, lawmakers and American industry, prompting many to ask wha.... More »
Contributing to your grandchild’s RESPs: What grandparents need to know + MORE Dec 1st
You’ve likely heard the saying “It takes a village to raise a child.” Well, with the cost of college and university tuition rising every year, it just might take a village to pay for post-secondary education, too. That’s where grandparents can help with registered education savings plans (RE.... More »
Prime Minister Justin Trudeau waves a flag as he takes part in the annual Pride Parade in Toronto on Sunday, July 3, 2016. THE CANADIAN PRESS/Mark BlinchJohn Paul Catungal is an instructor of critical race and ethnic studies at the Social Justice Institute and a faculty associate of geography and Asian Canadian and Asian migration studies at the University of British Columbia. This piece first appeared at The Conversation.
On Tuesday, Prime Minister Justin Trudeau plans to make a formal apology on behalf of all Canadians to lesbian, gay, bisexual, transgender and queer (LGBTQ) people who have been imprisoned, fired from their jobs or otherwise persecuted in the past because of their sexuality. Some of those who lost their jobs as part of the so-called “gay purge” are seeking financial redress through an active class-action lawsuit against the Canadian government.
Tuesday’s apology will be an important, albeit long overdue, step forward to say sorry for the history of state-sanctioned discrimination against LGBTQ people in Canada…
Almost half of new, young homeowners put down less than 20 per cent down on their homes, something that could make them vulnerable to economic shocks down the line, according to Bank of Canada’s Financial System Review laying out the biggest risks facing the economy.
Q. I have been registered with an insurance company through my employer since 2001. At the present time, I have about $50,000 in my plan. I pay 3% and my employer matches 3%. My concern is that I’ve noticed that the insurance company is charging me a high amount in management expenses.
Every month I put in about $100 and my employer matches it. However, the insurance company charges me between $75 to $80 a month in expenses. Is this an appropriate amount or am I being overcharged? I’m in a defined contribution plan in a target-date mutual fund. — Renee
Investment fee disclosure has always been terrible in Canada, Renee. And not surprisingly, poor disclosure and high fees are positively correlated. The less consumers know, the more the financial industry can gouge them.
Recent changes—so-called CRM2—have provided a modest improvement for many retail investment accounts. I still think the disclosure is deceptive and favours the financial industry over the consumer.
Assuming the $75 to $80 per month in expenses is a true representation of the all-in expenses for your investments, this would equate to about 1…
Every month I put in about $100 and my employer matches it. However, the insurance company charges me between $75 to $80 a month in expenses. Is this an appropriate amount or am I being overcharged? I’m in a defined contribution plan in a target-date mutual fund. — Renee
Investment fee disclosure has always been terrible in Canada, Renee. And not surprisingly, poor disclosure and high fees are positively correlated. The less consumers know, the more the financial industry can gouge them.
Recent changes—so-called CRM2—have provided a modest improvement for many retail investment accounts. I still think the disclosure is deceptive and favours the financial industry over the consumer.
Assuming the $75 to $80 per month in expenses is a true representation of the all-in expenses for your investments, this would equate to about 1…
Fed chair nominee Powell pledges to ‘respond decisively’ to economic threats
– theglobeandmail.com
At his confirmation hearing before the banking panel, Powell endorse core ideas that have define U.S. central banking since financial crisis
Rising interest rates amid high household debt biggest risk to Canadian economy: BoC – Financial Post
– news.google.ca
Financial PostRising interest rates amid high household debt biggest risk to Canadian economy: BoCFinancial PostElevated housing prices and household debts remain the single-biggest vulnerability in the Canadian economy, according to the latest Bank of Canada report, despite signs that financial risks are beginning to ease. “Our financial system continues to be …Almost half of new, young homeowners have down payments of less than 20%CBC.caNew mortgage stress tests could disqualify 10% of buyers: Bank of CanadaThe Globe and MailBank of Canada governor muddles the debt messageToronto StarHuffington Post Canada -CTV News -Globalnews.ca -Bloombergall 29 news articles »
