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Latest News
Three lower-risk REITs with rising payouts + MORE Jun 27th
All of these real estate investment trusts have conservative payout ratios, making them safer options and increasing the chances of future increases
.... More »
Why 2017 could be a good year for high-yield bond investors + MORE Jan 3rd
As investors anticipate rising U.S. interest rates, stronger economic growth and higher inflation, ultrasafe government bonds have been slumping along with investment-grade corporate bonds
.... More »
Should Chris top up his RRSP or his TFSA now that he’s retiring at 60? + MORE Feb 19th
(Flickr)
Q. I’m a 60-year-old retired school teacher as of this past July 2017. I have $44,000 in unused RRSP contribution room. Should I max out my contribution room on my 2017 taxes? Or just stick to topping up my TFSA? Thanks, Chris
Hi Chris. Thanks for the question. Please note that RRSP only.... More »
Inflation a scourge for retirees? Ottawa’s silver lining(s) + MORE Dec 20th
While inflation and taxes are both major scourges for retirees, there’s a silver lining in how the two interact. That’s because the federal government builds in a degree of inflation-indexing to tax brackets, retirement vehicle contribution room and major retirement programs like the Canada Pens.... More »
Caisse warns Montreal transit project to cost more + MORE Nov 25th
Quebec pension fund says it will raise its investment by $100-million to $3.1-billion; Montreal to invest $100-million
.... More »
Judge says FDA can’t use advisory panel’s 2011 report on menthol cigarettes, citing conflicts
– canadianbusiness.com
RICHMOND, Va. – The Food and Drug Administration can’t use an advisory panel’s 2011 report on menthol cigarettes because its members had conflicts of interest, a federal judge ruled Monday.
While the agency has since conducted an independent review on the public health impact of menthol cigarettes, the ruling could hinder the FDA’s ability to defend any future regulation of the minty smokes.
U.S. District Court Judge Richard Leon in Washington ordered the FDA on Monday to reconstitute the tobacco panel and barred the agency from using its older report on menthol cigarettes.
Cigarette makers Lorillard Inc. and Reynolds American Inc. sued the agency in 2011, alleging conflicts of interest and bias by several members of the panel tasked with advising the FDA on tobacco-related issues.
They argued that the panel failed to meet the federal requirements that committee members should be fairly balanced and not inappropriately influenced by any special interest. The lawsuit specifically alleged that some committee members had conflicts of interest because they were paid expert witnesses in anti-tobacco lawsuits and had financial ties to pharmaceutical companies that make smoking-cessation products…
While the agency has since conducted an independent review on the public health impact of menthol cigarettes, the ruling could hinder the FDA’s ability to defend any future regulation of the minty smokes.
U.S. District Court Judge Richard Leon in Washington ordered the FDA on Monday to reconstitute the tobacco panel and barred the agency from using its older report on menthol cigarettes.
Cigarette makers Lorillard Inc. and Reynolds American Inc. sued the agency in 2011, alleging conflicts of interest and bias by several members of the panel tasked with advising the FDA on tobacco-related issues.
They argued that the panel failed to meet the federal requirements that committee members should be fairly balanced and not inappropriately influenced by any special interest. The lawsuit specifically alleged that some committee members had conflicts of interest because they were paid expert witnesses in anti-tobacco lawsuits and had financial ties to pharmaceutical companies that make smoking-cessation products…
Reforming the Proxy Advisory Racket
– online.wsj.com
New SEC guidance says investment funds don’t need to use ISS or Glass, Lewis.Imax teams with Shanghai Film to open 19 more giant-screen cinemas in China
– canadianbusiness.com
HONG KONG – Imax and China’s biggest state-owned film exhibitor are teaming up to open 19 giant screen cinemas in the world’s No. 2 movie market.
Imax Corp. and Shanghai Film Corp. said Tuesday that a “significant number” of the theatres will open before the end of 2015.
No financial terms were disclosed. Shanghai Film already operates three Chinese Imax theatres.
Box office revenues in China surged 27 per cent last year to $3.6 billion, making the country a crucial market for international film companies.
Government policies aimed at encouraging growth of Imax and 3-D movies are helping boost the format’s popularity in China’s tightly controlled film market.
“Transformers: Age of Extinction,” the latest instalment of Michael Bay’s blockbuster robot film franchise, earned nearly $10 million at Chinese Imax screens on its opening weekend, more than double the previous record, the company said.
The deal comes a year after Imax partnered with another Chinese company, Wanda Cinema, to open up to 120 of the Canadian company’s theatres…
Imax Corp. and Shanghai Film Corp. said Tuesday that a “significant number” of the theatres will open before the end of 2015.
No financial terms were disclosed. Shanghai Film already operates three Chinese Imax theatres.
Box office revenues in China surged 27 per cent last year to $3.6 billion, making the country a crucial market for international film companies.
Government policies aimed at encouraging growth of Imax and 3-D movies are helping boost the format’s popularity in China’s tightly controlled film market.
“Transformers: Age of Extinction,” the latest instalment of Michael Bay’s blockbuster robot film franchise, earned nearly $10 million at Chinese Imax screens on its opening weekend, more than double the previous record, the company said.
The deal comes a year after Imax partnered with another Chinese company, Wanda Cinema, to open up to 120 of the Canadian company’s theatres…
30 days – 1.75%
– ratesupermarket.ca
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.
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
