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Helping your kids buy their first home: Smart strategies for today’s market + MORE Mar 5th
With housing prices close to record highs, many young adults worry that homeownership is no longer a realistic goal. But with smart planning, education, and creative strategies, buying that first home is still possible. As parents (or grandparents), we can empower our kids by teaching them strong fi.... More »
Want to save money on gifts? Embrace holiday sales, and start early Nov 23rd
Have you started your holiday shopping yet? Plenty of Canadians are hitting “Add to cart” extra-early, whether they’re buying for Christmas, Kwanzaa or Hanukkah. Last year, supply-chain issues frustrated shoppers. The shipping delays have improved somewhat this year, but now inflation and tigh.... More »
Kruger says $32M investment at Kamloops mill will boost tech, preserve jobs - Castanet Kamloops Sep 12th
Kruger says $32M investment at Kamloops mill will boost tech, preserve jobs Castanet KamloopsView Full Coverage on Google News.... More »
How has inflation affected Canadians’ finances in recent years? Oct 10th
Inflation and higher interest rates have eroded Canadians’ purchasing power since 2022, particularly for lower-income households, a new report from the parliamentary budget officer has found.
But wealthier households have seen their purchasing power rise thanks in big part to their i.... More »
Russia 'directly involved in downing of MH17': Julie Bishop - The Australian Financial Review + MORE May 25th
The Australian Financial ReviewRussia 'directly involved in downing of MH17': Julie BishopThe Australian Financial ReviewForeign Minister Julie Bishop says Russia was "directly involved" in the downing of MH17. Alex Ellinghausen. Share on Facebook · Share on twitter &middo.... More »
(Photo illustration by Liz Sullivan)“The Stock Market has been creating tremendous benefits for our country in the form of not only Record Setting Stock Prices, but present and future Jobs, Jobs, Jobs,” gleefully tweeted the President of the United States on Jan. 7. “Seven TRILLION dollars of value created since our big election win!” Donald Trump uses capital letters as though they are really expensive and he wants everyone to notice how many of them he can he can afford—and he loves to talk about the stock market.
Trump loves to talk about how well the stock market is doing, and he loves to talk about how badly it would be doing if not for him. “Your stocks would be down 50% from values on Election Day” if “Crooked Hillary” Clinton had been elected, he tweeted on New Year’s Eve. Wow, 50 per cent. That is a large number for a man to pull out of his… well, I’ll just finish this sentence by saying that it always feels as if anytime Trump talks about finances without using the word “GAZILLION,” he has demonstrated self-restraint…
The Bernanke Correction
– online.wsj.com
Asset prices are adjusting as financial repression ends.Dead last: As Canadian stocks lag, long-term returns prove paltry
– theglobeandmail.com
The Canadian stock market has been a dog for a very long time now
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 downturn, Trump loved to regularly take credit for rising stock prices—since the election he’s tweeted and retweeted more than 50 times about the soaring market. But that’s the danger with bragging about the ups. Eventually, you’ll have to own the downs. Which is why most political leaders wisely steer clear of stock market commentary.
READ: Trump’s economy looks just like Obama’s, except for one important thing
Here then are all of Trump’s tweets boasting about the rising stock market, plotted against the Dow as it declined through each corresponding level, from Jan. 26 to the index’s intraday low on Friday.
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The presidential masquerade of Donald Trump’s State of the Union speech
The ugly truth behind Donald Trump’s ‘new American moment’
Brian Mulroney: Anyone expressing fear and anger over NAFTA is ‘uninformed’
Donald Trump’s first State of the Union address: Live video
If Trump kills NAFTA, it could hit America’s Rust Belt hard
Donald Trump at Davos: Watch his full speech
The post Donald Trump’s tweets about rising stock prices plotted against the market decline appeared first on Macleans…
Aecon pushes back on fears over proposed sale to Chinese state owned firm
– canadianbusiness.com
CALGARY _ Construction company Aecon Group Inc. pushed back Friday against criticism of the sale of the company to a subsidiary of state-owned China Communications Construction Co.
Aecon CEO John Beck said in a release that the company is fully supportive of the federal review of the proposed sale through the Investment Canada Act, but is concerned about the false and misleading claims being made about the deal.
“In order for this process to work properly, it is important that elected officials and the public have accurate information,” said Beck in a statement.
The proposed $1.5-billion sale, which shareholders overwhelmingly approved in December, has prompted concerns over security and unfair competition.
Earlier this week, Conservative MP Tony Clement called for a full national security review of the sale in question period.
“The Chinese company poised to take over Canadian construction giant Aecon is rampant with corruption and has just been blacklisted by Bangladesh for that very reason…
Aecon CEO John Beck said in a release that the company is fully supportive of the federal review of the proposed sale through the Investment Canada Act, but is concerned about the false and misleading claims being made about the deal.
“In order for this process to work properly, it is important that elected officials and the public have accurate information,” said Beck in a statement.
The proposed $1.5-billion sale, which shareholders overwhelmingly approved in December, has prompted concerns over security and unfair competition.
Earlier this week, Conservative MP Tony Clement called for a full national security review of the sale in question period.
“The Chinese company poised to take over Canadian construction giant Aecon is rampant with corruption and has just been blacklisted by Bangladesh for that very reason…
