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Can Brenda and hubby retire at 60 with $45,000 in income? + MORE Mar 19th
Q. If my spouse and I retire at age 60 in about three years—and want to have $45,000 net annually to spend—how much money will we need to have saved? We have no company pensions—only full CPP and OAS. We expect to live to age 85. – Brenda B.
Brenda, there are several ways you can set up you.... More »
Will Ottawa's new rules help Canada's oilpatch build another major pipeline? + MORE Feb 9th
There were high expectations headed into Thursday's long-awaited announcement on how the federal government would overhaul the approval process for major energy projects in Canada. Ottawa says the new regulatory regime would help entice new investment, but the industry has many quest.... More »
Our Political Central Bankers Aug 29th
Fed officials join the resistance against financial reform..... More »
Nvidia by the numbers: $5 trillion market cap and soaring stock Nov 21st
Nvidia reported more eye-catching numbers for its fiscal third quarter Wednesday, with net income jumping 65% and revenue increasing 62% from a year earlier. Last month, Nvidia became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Vall.... More »
90 days - 1.75% + MORE Aug 30th
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »
A better way to follow Buffett into the oil patch
– theglobeandmail.com
His investment in Suncor says more about his faith in Canadian oil sands than in the company itself. Here's why you should apply his interest in the energy sector to other stocks
Is the bullish U.S. stock story about to change
– thestar.com
Back-to-back triple-digit losses for the Dow pushed the blue-chip gauge down 3.5 per cent from its Aug. 2 record closeBridge financing can ease closing day stress
– thestar.com
Bridge financing could have saved the day last month when a series of disasters on closing day caused three related real estate deals to fall apart.Foreign investors bailing out of Canadian bonds
– theglobeandmail.com
June’s $19-billion decline in foreign-held bonds highlights growing global concerns with real estate and commodity prices
US Steel names Mario Longhi new CEO and Surma to retire, David Burritt named CFO
– canadianbusiness.com
PITTSBURGH, Pa. – United States Steel Corp. says one of its top executives will take over as its new CEO in September as long-time leader John Surma transitions into retirement.
The steel company said Friday that it has elected Mario Longhi as its next chief executive. Longhi currently serves as the company’s president and chief operating officer.
Surma, 59, will stay on as an executive chairman through the end of the year and then he will retire from the company and board. He has been president of the company since March 2003, CEO since 2004, and chairman since February 2006.
Longhi, also 59, joined U.S. Steel as its COO in July 2012 and was named president of the company in June. He was CEO of Gerdau Ameristeel for five years and worked at Alcoa for 23 years in a variety of positions.
U.S. Steel also said David Burritt, 58, will become its next chief financial officer. Current CFO Gretchen Haggerty, 57, announced her intention to retire in July.
The company also said General Counsel James Garraux, 60, will retire by the end of the year…
The steel company said Friday that it has elected Mario Longhi as its next chief executive. Longhi currently serves as the company’s president and chief operating officer.
Surma, 59, will stay on as an executive chairman through the end of the year and then he will retire from the company and board. He has been president of the company since March 2003, CEO since 2004, and chairman since February 2006.
Longhi, also 59, joined U.S. Steel as its COO in July 2012 and was named president of the company in June. He was CEO of Gerdau Ameristeel for five years and worked at Alcoa for 23 years in a variety of positions.
U.S. Steel also said David Burritt, 58, will become its next chief financial officer. Current CFO Gretchen Haggerty, 57, announced her intention to retire in July.
The company also said General Counsel James Garraux, 60, will retire by the end of the year…
