U.S. bank profits continue gains + MORE Jul 17th

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CEO pay rose twice as fast as average Canadian + MORE Jan 2nd

(Stuart Dee/Getty Images) OTTAWA – Canada’s top-paid CEOs saw their compensation climb at double the rate of the average Canadian between the depths of the recession and 2013, a new study has found. The country’s 100 highest remunerated chief executive officers pulled down an average of $9.2 m.... More »

UK Labour opposition party vows to reject May's Brexit deal - Toronto Star + MORE Sep 25th

Toronto StarUK Labour opposition party vows to reject May's Brexit dealToronto StarLONDON—Britain's main opposition Labour Party announced Tuesday it will reject Conservative Prime Minister Theresa May's proposed divorce deal with the European Union when it comes to a vote in Parlia.... More »
 blue-chip

In Humboldt, sorrow, love and loss take the ice on game night Apr 9th

Al and Jean Gaetz were in their arena seats in Row 8, in Section U near the blue line on Sunday, just as they were planning to do if their beloved Humboldt Broncos had reached Game 6. They’ve held Broncos season tickets since 1973; they billeted young players for decades. Al, still selling real es.... More »

WestJet, Delta sign preliminary deal to deepen cross border partnership + MORE Dec 6th

WestJet and Delta Air Lines plan to form a joint venture that will enhance transborder service and deepen the relationship between the two companies. They said in a statement early Wednesday that the joint venture, which has yet to be approved, would increase travel choices between Canada and the Un.... More »
 stock exchange

What do to with a spousal RRSP at age 71 + MORE Jun 15th

Ask MoneySense My question is in regards to a spousal RRSP that I have set up for my wife years ago. When she turns 71, do we have to turn it into something like a RRIF, which I did for my RRSP (I am older than her) and then withdraw from it annually? Or, could it be directly transferred to her TFSA.... More »
Castor Holdings auditor held liable in its 1992 failureThe Quebec Court of Appeal has upheld a decision that found auditors Coopers & Lybrand liable for negligence in connection with their work for Castor Holdings Inc. before its $1.6-billion financial collapse.

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Ultimate Sustainable Dividend Portfolio – July 2013 Update – Slow And SteadyIn September 2011, I did some in-depth research to find long term sustainable dividend stocks and have been doing updates on this Ultimate Sustainable dividend portfolio since then in the attempt to show how well such a portfolio can perform over the long term. I would personally say that things have been going very well and will certainly continue to evolve. I do have a few more things planned which I will discuss in the near future.
The USDP is obviously a critical part of my now very public quest to replace my job income with passive income. you can see my most recent update here. I recently came back from vacations and I can tell you that it’s one incredible motivation.. Not that I needed it but wow:)
The USDP continues to do very well and is outperforming the S&P500!! Very exciting stuff and I’m thrilled with how things have gone so far. I have done a couple of trades and continue to work on optimizing it, if ever you would like to receive those types of updates, please join, it’s free:
 
Keep in mind that this portfolio was built by selecting 20 stocks out of thousands…

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Yahoo earnings lacklustre as Mayer completes 1st yearYahoo’s second-quarter results didn’t give investors a reason to celebrate the completion of CEO Marissa Mayer’s first year running the internet company.

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U.S. bank profits continue gainsBank of America is the latest of the big U.S. financial institutions to release strong earnings figures, after Citigroup and Goldman Sachs earlier this week.

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Low rates yet

– moneysense.ca

Canada’s new central banker, Stephen Poloz, sounds a lot like the previous one, Mark Carney. Poloz said Wednesday that the country’s 1% base interest rate would remain unchanged until economic conditions improve.
Royal Bank of Canada and IGM Financial are launching an upstart trading exchange, Aequitas Innovations Inc., that would prohibit “predatory” high frequency trading tactics.
The CRTC denied a request by BCE Inc. to increase payphone charges to $1 cash and $2 by card. That’s double the current maximum of 50 cents and $1. In the good old days, all you needed was a quarter to make a call from a phone booth.

Continue Reading On moneysense.ca »

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