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How to make your retirement savings go farther and last longer Oct 19th
If you are like most Canadians, the investment choices you make during your working years may have a significant impact on your retirement. But the importance of smart investing doesn’t end when you retire. In fact, post-retirement investing can have an even larger impact on your retirement well-b.... More »
After inheriting a RRIF account, how to know what you owe the taxman Mar 10th
Q: I’m wondering if there is a simple way to calculate the tax liability to named RRIF beneficiaries upon death of the account holder?
My wife’s mother passed away in October 2018. My wife was one of 3 named beneficiaries of a RRIF worth $265,000, and her share was $117,000 (44%). There are no.... More »
How are FIRE adherents making out? + MORE May 23rd
In the increasingly specialized world of financial blogging, there’s a subgenre of so-called “FIRE” experts, who expound on the acronym FIRE. FIRE stands for Financial Independence Retire Early. Some proponents are in their 40s or 50s and practising what they preach, having either reached fina.... More »
Money Makeover: Can they sail into retirement? + MORE Dec 10th
All about Retirement Planning in Canada. Learn the ins and outs and get the latest news.
Money Makeover: Can they sail into retirement? - thestar.comContinue Reading On thestar.com »
Why you should have an investment policy statement - moneysense.caOTTAWA – Big pension funds use inv.... More »
Maybe you just think you want to retire Feb 5th
(Thomas Barwick/Getty Images)
To read MoneySense or any of the “Family Profiles” in the business sections of most Canadian or American daily newspapers, you’d think the only goal most middle-aged middle-class workers have is retirement.
And I certainly understand this. After a decade or three .... More »
Financial PostOttawa opens door to new shared-risk pension plansThe Globe and MailThe Conservative government is throwing a new idea into the heated debate over pensions, launching a national discussion of proposed new plans that share the investment risk between employers and employees. Minister of State for Finance Kevin …Ottawa to propose risk-sharing pension schemeToronto StarConservatives 'balancing books on Ontarians' backs': Ontario Finance MinisteriPolitics.ca (subscription)Ottawa to propose new pension scheme; won't budget on CPP expansionCTV NewsOttawa Sun -Times Colonistall 21 news articles »
A retirement planner, 69, lays out her own exit strategy
– thestar.com
After 18 years with an investment firm offering advice on retirement, financial planner Christine Fahlund is organizing her own retirement.Ottawa to propose risk-sharing pension scheme
– thestar.com
Minister of state for finance Kevin Sorenson is expected to announce a new risk-sharing pension proposal for federally regulated companies.
We’re in it for the long haul
– moneysense.ca
Play: MoneySense Editor Jonathan Chevreau talks retirement planning with 680 News’ Mike Eppel For more on this topic read, “We all run pensions now.”
The post We’re in it for the long haul appeared first on MoneySense.
Toll road operator 407 International sees profits fall in Q1 despite revenue jump
– canadianbusiness.com
TORONTO – Toll highway operator 407 International Inc. says net income declined in the first quarter even as revenues revved up more than 10 per cent.
The company which operates Ontario’s 407 electronic toll road says net income fell to $35.3 million from $52.4 million as interest and other expenses climbed to $86.4 million from $50.2 million.
Revenue shot up to $185.3 million from $166.7 million as the total number of trips climbed to $26,092 in the quarter from 25,416 in the compared year-earlier period, while average revenue per trip rose to $7.09 from $6.55.
407 International Inc. is jointly owned by Cintra Infraestructuras S.A., a wholly owned subsidiary of Spain’s Ferrovial S.A., with a 43.23 per cent interest, and subsidiaries of the Canada Pension Plan Investment Board, 40 per cent, and by Montreal-based engineering giant SNC-Lavalin (TSX:SNC) with a 16.77 per cent holding.
The post Toll road operator 407 International sees profits fall in Q1 despite revenue jump appeared first on Canadian Business.
The company which operates Ontario’s 407 electronic toll road says net income fell to $35.3 million from $52.4 million as interest and other expenses climbed to $86.4 million from $50.2 million.
Revenue shot up to $185.3 million from $166.7 million as the total number of trips climbed to $26,092 in the quarter from 25,416 in the compared year-earlier period, while average revenue per trip rose to $7.09 from $6.55.
407 International Inc. is jointly owned by Cintra Infraestructuras S.A., a wholly owned subsidiary of Spain’s Ferrovial S.A., with a 43.23 per cent interest, and subsidiaries of the Canada Pension Plan Investment Board, 40 per cent, and by Montreal-based engineering giant SNC-Lavalin (TSX:SNC) with a 16.77 per cent holding.
The post Toll road operator 407 International sees profits fall in Q1 despite revenue jump appeared first on Canadian Business.
