How to go about securing the best return for your investment in Canada.
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Your Next Home May Be in the Metaverse Jul 7th
Krista Kim’s dream home didn’t exist, so she built it herself—in the metaverse. In 2020, cooped up with her two kids in a Toronto condo during the Covid lockdown, the digital artist began designing her perfect escape, leaving no detail overlooked. She sketched out a glassed-walled bungalow vil.... More »
Nvidia shares up 13% on earnings and bullish outlook on A.I. - CNBC Feb 23rd
Nvidia shares up 13% on earnings and bullish outlook on A.I. CNBCNVIDIA beats on EPS, says A.I. is at an inflection point CNBC TelevisionAI Mania Propels Nvidia Value by Nearly $200 Billion This Year BNN BloombergA.I. application has 'been the story all along' for Nv.... More »
Before the Bell: What every Canadian investor needs to know today - The Globe and Mail Feb 15th
Before the Bell: What every Canadian investor needs to know today The Globe and MailUtilities Stocks Gain Ground on TSX Today, and I'm Buying This Stock Right Away! The Motley Fool CanadaS&P/TSX composite up more than 200 points in late-morning trading Toronto St.... More »
FBI contacts second woman in claims of sexual misconduct against Brett Kavanaugh - The Australian Financial Review Sep 30th
The Australian Financial ReviewFBI contacts second woman in claims of sexual misconduct against Brett KavanaughThe Australian Financial ReviewBrett Kavanaugh has denied the accusations by Ms Ramirez and Ms Swetnick and has said emphatically that he never abused or assaulted anyone. AP. Washington | .... More »
How to recover financially from divorce + MORE Dec 4th
Right off the top, it’s important to acknowledge that there are no secret strategies for magically avoiding the financial impact of divorce. Divorce is difficult. You may lose half of your assets—or more—during the process of equalization. You may have ongoing spousal support or child supp.... More »
RRSP top-ups in retirement could cost you
– moneysense.ca
Q: I retired in May 2009 and was under the impression that I could no longer contribute to an RRSP. I just found out I could, and my 2016 notice of assessment shows I have available contribution room for 2017 of $25,749. Also, my RRSP/PRPP deduction limit for 2017 is $25,749. My pension income for 2017 is roughly $50,000. I split with my wife $20,000 of that total. My question is can I purchase and claim RRSPs to the maximum amount
—Tom
A: Most people don’t envision contributing to their Registered Retirement Savings Plan (RRSP) in retirement, Tom. But usually that’s because most retirees don’t have money sitting around that could be used and are instead drawing down their RRSPs. It doesn’t mean you can’t contribute though.
First, I’d like to help you decipher your notice of assessment. Canada Revenue Agency (CRA) does a horrible job, in my opinion, of explaining RRSPs on an annual tax assessment. I find lots of people get confused and some even end up putting too much into their RRSPs because the CRA’s info is so unclear…
Chinese firm Sequoia Resources exits oil sites in need of environmental cleanup
– theglobeandmail.com
Company’s struggles raise questions about oversight of transactions in cases where purchasers lack the financial wherewithal to clean up assumed liabilities
Linamar hits record sales, earnings amid expanded operations
– theglobeandmail.com
The Guelph, Ont.-based producer of machine parts says net earnings for 2017 came in at $549.4-million compared to $522.5-million a year earlier
VANCOUVER — A new report from Canada’s largest community credit union says more than half of women in British Columbia experience “extreme emotional stress” when considering their financial situation.
The report from Vancity reveals a “financial health gender gap” in B.C., and says while money worries cause extreme stress for 52 per cent of women, 38 per cent of men in the province feel the same way.
READ: 4 ways women can take control of their finances now
The study also highlights financial and economic differences between women in B.C. and other parts of Canada.
Using data from the 2017 Canadian Financial Health Index and other sources, the report finds that B.C. women make less money, pay more for housing and face a higher cost of living than women in the rest of the county.
Statistics Canada says B.C. women also make 35 per cent less at work than their male counterparts, while the report shows nearly four in 10 feel physically unwell when mulling finances, compared to 30 per cent of B…
The report from Vancity reveals a “financial health gender gap” in B.C., and says while money worries cause extreme stress for 52 per cent of women, 38 per cent of men in the province feel the same way.
READ: 4 ways women can take control of their finances now
The study also highlights financial and economic differences between women in B.C. and other parts of Canada.
Using data from the 2017 Canadian Financial Health Index and other sources, the report finds that B.C. women make less money, pay more for housing and face a higher cost of living than women in the rest of the county.
Statistics Canada says B.C. women also make 35 per cent less at work than their male counterparts, while the report shows nearly four in 10 feel physically unwell when mulling finances, compared to 30 per cent of B…
The female-led investor group that had agreed to buy The Weinstein Company’s assets pulled its offer on Tuesday, and lead investor Maria Contreras-Sweet said the decision was made after the group ‘received disappointing information’ about the state of the company’s finances.
