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Can this 31-year-old Toronto drummer save enough to buy property with his partner? Nov 28th
Marco has a job he loves and pays cheap rent, but he’s recently started a new relationship that has him rethinking his long-term financial goals..... More »
'The not so golden years' — a quarter of retired Canadians in debt, survey suggests Feb 24th
A "worry-free retirement" may be a thing of the past, according to a new Sun Life Financial survey, which finds that a quarter of retired Canadians are in debt in their golden years..... More »
TD Bank reports $1.58B Q1 profit, down 58% from year ago - BNN Bloomberg + MORE Mar 2nd
TD Bank reports $1.58B Q1 profit, down 58% from year ago BNN BloombergTD tops analysts' forecasts as improved margins offset higher provisions for bad loans The Globe and MailRBC reports Q1 profit down as expenses, provisions for credit losses rise Yahoo Movies Canad.... More »
60 days - 1.55% + MORE Mar 23rd
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online..... More »
Three surprising things about the just-released MacKinnon report examining Alberta's financial mess - National Post Sep 3rd
Three surprising things about the just-released MacKinnon report examining Alberta's financial mess National PostMacKinnon panel's 26 recommendations include legislated salaries for public sector workers CBC.ca'Alberta faces a critical financial situation': Government panel rec.... More »
CTV NewsMarkets head higher, loonie surges as jobs data raises Fed doubtsCTV NewsTORONTO — The Toronto stock market was slightly lower Friday and the Canadian dollar surged almost a full US cent after American job creation narrowly missed expectations. The data encouraged further speculation about whether the U.S. Federal …Canadian jobs surge on part-time work; jobless rate eases to 7.1%The Globe and MailBC's unemployment rate dipped in AugustVancouver SunCanada's job growth in August more than expectedCBC.caReuters Canada -Financial Post -Ottawa Citizenall 40 news articles »
The federal deficit is ‘on track’—but to where? —Stephen Gordon
– canadianbusiness.com
The Department of Finance released the June Fiscal Monitor last week. The accumulated deficit for the first three months of fiscal year 2013-14 was $2.5 billion, just under the $2.8 billion deficit for the first three months of 2012-13:
The financial results for the first three months of the fiscal year provide limited information with respect to the outlook for the year as a whole. That being said, the financial results for the April to June 2013 period and recent economic developments suggest that the fiscal projection presented in Economic Action Plan 2013 is on track.
This is true, insofar as the first three months of the first year in the three-year horizon of the 2013 budget goes. The current projection is for the deficit to fall from $25.9 billion in 2012-13 to $18.7 billion this year. But this apparent $7.2 billion reduction in the deficit overstates the actual progress that is expected to be made this year. The accumulated 12-month deficit reported in March 2013, the last month of 2012-2013, was $18…
The financial results for the first three months of the fiscal year provide limited information with respect to the outlook for the year as a whole. That being said, the financial results for the April to June 2013 period and recent economic developments suggest that the fiscal projection presented in Economic Action Plan 2013 is on track.
This is true, insofar as the first three months of the first year in the three-year horizon of the 2013 budget goes. The current projection is for the deficit to fall from $25.9 billion in 2012-13 to $18.7 billion this year. But this apparent $7.2 billion reduction in the deficit overstates the actual progress that is expected to be made this year. The accumulated 12-month deficit reported in March 2013, the last month of 2012-2013, was $18…
Weekend Readings
– IntelligentSpeculator.net
Ahhh so many mixed feelings. I’m soooo thrilled that the NFL season is back, and that the Broncos led by Peyton Manning were able to crush the Ravens. What’s not as good is that I’m facing Peyton Manning in my first Fantasy Football matchup this week.. Ouch….General Readings
-Optimistic about Europe? @ NYT
Dividend & Passive Income Readings
-11 stocks to hold during the next market crash @ TheDividendGuyBlog
-Buybacks & dividends at risk @ Bloomberg
Tech Stock Readings
-Apple ($AAPL) + China Mobile = ?? @ AllThingsD
-Microsoft ($MSFT) buys Nokia for $7.2B @ TechCrunch
-Yahoo ($YHOO) picks a new logo @ TechCrunch
-Get real about Yahoo ($YHOO) @ Gigaom
And lastly, I’m generally a big fan of Wall Street movies and this one looks very promising, I can’t wait:)
The post Weekend Readings appeared first on Intelligent Speculator.
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Global stock markets tentative ahead of release of highly anticipated US employment report
– macleans.ca
BANGKOK – Global stock markets were tentative Friday, exercising prudence ahead of a key…
