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How important are wills and estate planning for Canadians? Jun 20th
In Canada, estate planning is often seen as a formal and complex task reserved for the wealthy. However, it is not like a scene right out of the Knives Out movie franchise, and of course your family doesn’t want any of the drama. That is why estate planning is crucial for Canadians of all ages, ba.... More »
Iran conflict latest: IEA warns of "very severe" oil crisis sparked by war - Investing.com + MORE Mar 23rd
Iran conflict latest: IEA warns of "very severe" oil crisis sparked by war Investing.comMore than 40 Middle East energy assets ‘severely damaged,’ IEA chief says CNBCIran war energy crisis equal to 70s twin oil shocks and Ukraine invasion fallout, says IEA chief | First Thi.... More »
Kinder Morgan hires TD to sell Canadian business, say sources + MORE Sep 14th
Kinder Morgan Inc. has hired investment bank TD Securities to facilitate a potential sale of its Canadian business, which could fetch the U.S. pipeline operator as much as $2.4 billion, people familiar with the situation told Reuters this week..... More »
World stock markets higher on first day of 2015 trading + MORE Jan 2nd
World stock markets started 2015 on a positive note Friday as investors waited for cues from new economic data and central bank meetings in coming weeks.
KEEPING SCORE: In early European trading, France’s CAC 40 climbed 0.5 per cent higher to 4,293.23 and Germany’s DAX rose 0.3 per cent .... More »
Parents fear for their kids’ financial future but avoid the money talk + MORE Dec 4th
If you’re dreading having the money talk with your kids, you’re not alone. RBC’s recent poll, Talking Money with Our Kids, revealed some surprising attitudes towards financial education. The majority of Canadians polled say they feel stress about their children’s financial futures—and that.... More »
US sanctions 12 Russians in Magnitsky case that set off dispute over human rights, adoptions
– canadianbusiness.com
WASHINGTON – The U.S. is imposing sanctions against 12 Russians under a law named after Russian lawyer Sergei Magnitsky, who alleged in 2008 that organized criminals colluded with a Russian government official to claim a fraudulent $230 million tax rebate.
The individuals the Treasury Department sanctioned Tuesday were four prison officials, a judge, court official, a law enforcement investigator and alleged co-conspirators in the fraud case. On the list is Dr. Dmitry Kratov, who was charged in Magnitsky’s 2009 death, but acquitted of negligence in December.
The Magnitsky affair ignited a dispute between Russia and Washington that has included U.S. sanctions against suspected Russian human rights violators and a ban on the adoption of Russian children by Americans.
The sanctions ban U.S. visas for the individuals and freeze assets under U.S. jurisdiction.
The post US sanctions 12 Russians in Magnitsky case that set off dispute over human rights, adoptions appeared first on Canadian Business.
The individuals the Treasury Department sanctioned Tuesday were four prison officials, a judge, court official, a law enforcement investigator and alleged co-conspirators in the fraud case. On the list is Dr. Dmitry Kratov, who was charged in Magnitsky’s 2009 death, but acquitted of negligence in December.
The Magnitsky affair ignited a dispute between Russia and Washington that has included U.S. sanctions against suspected Russian human rights violators and a ban on the adoption of Russian children by Americans.
The sanctions ban U.S. visas for the individuals and freeze assets under U.S. jurisdiction.
The post US sanctions 12 Russians in Magnitsky case that set off dispute over human rights, adoptions appeared first on Canadian Business.
Ask the Spud: Why Do ETF Yields Differ?
– CanadianCouchPotato.com
Q: The Vanguard S&P 500 (VFV) currently has a dividend yield of 1.44%, but the US-listed version of the same ETF has a yield of 2.01%. How can these two funds have such different yields when their underlying holdings are exactly the same? – Lindsay
The US and international equity ETFs from Vanguard Canada do not hold their stocks directly: they get their exposure by holding a US-listed ETF. The Vanguard S&P 500 (VFV), for example, simply holds the Vanguard S&P 500 (VOO), which trades on the New York Stock Exchange.
Since the underlying holdings of VFV and VOO are identical, you might expect the two funds to have the same dividend yield. Yet if you visit their respective websites you’ll find the published yields actually vary by 57 basis points. What gives?
More than one way to do the math
Turns out there are several ways to calculate a fund’s yield. Vanguard Canada uses the trailing 12-month yield, which it defines as “the fund’s cash distributions over the past 12 months divided by the end of period net asset value…
Canada’s receptive oil patch in line for trillions in new investment
– theglobeandmail.com
With one of the few free-market oil and gas environments in the world, this country is a prime destination for funds seeking safety and profit
Key Canada Events: Week of May 19-23
– blogs.wsj.com
Following the Victoria Day long weekend in Canada, Canadian banks will kick off their second-quarter earnings season and Statistics Canada will report the latest on inflation, wholesale trade and retail sales.
120 days – 1.70%
– ratesupermarket.ca
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.
