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Federal budget shows Alberta's oil and gas sector not a priority, industry group says Mar 21st
The oil and gas industry's main lobby group says the federal government’s 2019 budget does nothing to get people back to work or spur investment in Alberta’s key industry..... More »
Tesla Stock Jumped 22%. What Market History Says Happens Next. - Barron's + MORE Oct 25th
Tesla Stock Jumped 22%. What Market History Says Happens Next. Barron'sTesla Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag Yahoo FinanceStock market today: Wall Street holds steadier as Tesla surges Times ColonistTesla Stock: Margins Bounce Back F.... More »
Bank of Montreal joins chorus of economists predicting interest rate cut + MORE Jan 14th
OTTAWA – The odds that the Bank of Canada will lower its key interest rate next week are rising, with some of the country’s big banks now predicting a rate cut.
Economists at the Bank of Montreal joined what is a growing chorus of analysts Thursday in predicting the central bank will cut.... More »
Toronto stock index plunges on tumbling energy prices, loonie loses ground + MORE Nov 15th
TORONTO _ Canada’s largest stock index nose-dived Tuesday while U.S. stocks slumped as the price of oil saw its biggest single-day drop since October.
The S&P/TSX composite index retreated 113.13 points to 15,913.13, with the energy sector leading the broad-based decline as the December cr.... More »
Canada’s best credit cards for grocery purchases 2023 + MORE Apr 24th
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For Bank of Canada, Household Debt Remains Biggest Domestic Risk
– blogs.wsj.com
While the overall risk to Canada’s financial system has declined for the first time in two years, closer to home the Bank of Canada continues to be concerned about household debt and housing.
Ontario Power Generation fires two vice presidents and its chief financial officer after a damning report from the province’s auditor general about generous salaries, pensions and bonuses at the government-owned utility.
Regulators require GE’s CareCredit card to refund $34M to consumers for alleged deception
– canadianbusiness.com
WASHINGTON – General Electric Co.’s credit card division will refund $34.1 million to consumers who government regulators say were misled about the potential costs of relying on a deferred-interest plan to pay their medical bills.
The settlement announced Tuesday by the Consumer Financial Protection Bureau affects more than 1 million people who obtained CareCredit cards from GE Capital Retail Bank since 2009. GE Capital didn’t acknowledge any wrongdoing in consenting to the order.
Regulators contend that the GE Capital Retail Bank exploited consumers by not taking adequate steps to ensure they understood the terms of the credit cards that they obtained to help cover the costs at doctors and dentists across America.
The post Regulators require GE’s CareCredit card to refund $34M to consumers for alleged deception appeared first on Canadian Business.
The settlement announced Tuesday by the Consumer Financial Protection Bureau affects more than 1 million people who obtained CareCredit cards from GE Capital Retail Bank since 2009. GE Capital didn’t acknowledge any wrongdoing in consenting to the order.
Regulators contend that the GE Capital Retail Bank exploited consumers by not taking adequate steps to ensure they understood the terms of the credit cards that they obtained to help cover the costs at doctors and dentists across America.
The post Regulators require GE’s CareCredit card to refund $34M to consumers for alleged deception appeared first on Canadian Business.
What’s in your portfolio? The Dividend Guy
– myownadvisor.ca
A few weeks back I reached out to various bloggers and financial experts recently to ask what’s in their portfolio. I did this to find out what their investing goals were, learn a little about their investing strategies, uncover some of the products they own and see what advice they might have for other investors. So far, here is what these investors shared:
Larry MacDonald’s portfolio
The Passive Income Earner portfolio
Dividend Ninja portfolio
Big Cajun Man portfolio
Here is what I asked The Dividend Guy a few weeks ago and what he kindly shared back:
1. Describe your investing goals in one or two sentences:
My investing goal is to build up a core portfolio of strong companies that continue to increase their dividends on a yearly basis with the sole purpose of providing me with a stream of passive income upon my “retirement” in 15-25 years. In addition to my core portfolio, I aim to pick a few underpriced companies and hold them until they reach their fair value. These picks include companies such as Seagate Technology (STX) a few years ago and Apple (AAPL) when it reached the $400 level…
Larry MacDonald’s portfolio
The Passive Income Earner portfolio
Dividend Ninja portfolio
Big Cajun Man portfolio
Here is what I asked The Dividend Guy a few weeks ago and what he kindly shared back:
1. Describe your investing goals in one or two sentences:
My investing goal is to build up a core portfolio of strong companies that continue to increase their dividends on a yearly basis with the sole purpose of providing me with a stream of passive income upon my “retirement” in 15-25 years. In addition to my core portfolio, I aim to pick a few underpriced companies and hold them until they reach their fair value. These picks include companies such as Seagate Technology (STX) a few years ago and Apple (AAPL) when it reached the $400 level…
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– theglobeandmail.com
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