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Latest News
Norway’s $900 billion oil fund to slash coal investments + MORE May 28th
STOCKHOLM – Norway’s parliamentary parties have agreed that the country’s $900 billion sovereign wealth fund should stop investing in coal companies because of their impact on climate change.
Under new rules to be presented by Parliament’s finance committee on Thursday, the f.... More »
Never made a budget before? Here are a few budgeting basics for post-secondary students + MORE Aug 17th
Budgeting is probably the most important financial skill every student needs to learn because it’s the cornerstone of financial security and, eventually, success. And, if you learn how to manage a tight budget while in school, you should be able to master budgeting for the rest of your life..... More »
A new kind of annuity designed to help Canadian retirees live well, for longer May 21st
Two of the more promising measures in the recent federal budget could pave the way for deferred annuities and pooled-risk pension products designed to prevent retirees from outliving their money.
The budget proposed two new types of annuities that can be used for registered plans. The headline-grab.... More »
Carrick on money: Canada’s favourite travel reward cards are… + MORE Nov 11th
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
.... More »
Are foreign homebuyers really driving up the cost of real estate in Canada? + MORE Aug 14th
While some in the real estate industry welcomed the Conservatives' pledge this week to collect more data on foreign ownership in the housing market, many are skeptical that such information will do anything to solve the problem of access and affordability in overheated real estate ma.... More »
Chinese Interest in Canadian Iron Ore Could Test New Rules
– blogs.wsj.com
With a big Chinese-controlled firm eyeing Canadian iron-ore assets, a fresh test of Ottawa’s tolerance for SOE involvement in its natural-resources sector may be around the corner.
Shakeup at The Bay leaves investors rattled
– theglobeandmail.com
Only eight months after the IPO, installing a little-known president in Bonnie Brooks’ old chair is worrisome
Green Grid Group Pte., an operator of information-technology data centers in India, said in an amended regulatory filing that Indian courts had dismissed criminal and civil proceedings against its chief executive years earlier in connection with allegations of misappropriating funds as managing director of an affiliated company.
Jenkins: The Young Won't Buy ObamaCare
– online.wsj.com
It makes scant financial sense for them to subsidize others’ care.
Rich getting richer, study finds
– thestar.com
Canada ranks seventh when it comes to the world’s millionaires, according to a new report by RBC Wealth Management and Capgemini Financial Services
