All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Is the world prepared to weather the next financial crisis? + MORE Oct 6th
Given the current lack of recession-fighting tools, the best we can do is hope
.... More »
New year, new spending habits + MORE Nov 30th
Money-wise, it’s been a challenging year for Canadians but the new year is also a chance to build better strategies around how you spend money. Steer clear of these three common pitfalls for financial success in 2023.
Money mistake #1: Not paying off debt quickly
If you’re in the red, youâ.... More »
Canadians spending less on gifts (and donations) for the 2023 holiday season + MORE Nov 10th
The holiday season is coming, and it’s not looking very merry, money-wise. Canadians are facing a bundle of financial pressures, including inflation, high interest rates, mounting personal debt and lingering fears of a recession. No doubt, life in Canada is getting more expensive. And as retailers.... More »
How to invest a $50,000 inheritance + MORE May 7th
Creative Commons/Quinn Dombrowski
Q: A friend of mine has inherited $50,000 and wants to invest it. This person will need $10,000 by next year, $20,000 in 5 years, but the remaining $20,000 has no near future need, so she plans to hold it for greater than 15 years. How would you invest this money.... More »
Ex Amaya CEO asks court to order the release of details in insider trading case + MORE Dec 14th
MONTREAL _ Former Amaya CEO David Baazov’s lawyer says the Quebec securities regulator’s disclosure of more than one million documents isn’t helping to defend against insider trading charges.
Sophie Melchers told a Quebec Court judge on Tuesday that although l’Autorite des ma.... More »
Deere 3rd-quarter profit slips with equipment sales weakening at home and abroad
– canadianbusiness.com
MOLINE, Ill. – Deere’s third-quarter profit fell 15 per cent and the farming equipment maker believes that the same weak sales at home and abroad will cut into earnings for the entire year.
Chairman and CEO Samuel Allen said Wednesday that the company will be scaling back for the remainder of the year to bring production more “in line with demand for our agricultural products.”
With commodity prices falling, the U.S. Department of Agriculture in February predicted that farm income in 2014 would sink to levels not seen in four years.
That is cutting into the spending power of farmers and hitting companies like Deere, the world’s biggest farm equipment supplier.
Deere earned $850.7 million, or $2.33 per share, for the three months ended July 31. That beat expectations of $2.20 per share, according to a poll by FactSet. But that’s still down significantly from last year, when the Moline company earned $996.5 million, or $2.56 per share.
Revenue from equipment sales fell to $8…
Chairman and CEO Samuel Allen said Wednesday that the company will be scaling back for the remainder of the year to bring production more “in line with demand for our agricultural products.”
With commodity prices falling, the U.S. Department of Agriculture in February predicted that farm income in 2014 would sink to levels not seen in four years.
That is cutting into the spending power of farmers and hitting companies like Deere, the world’s biggest farm equipment supplier.
Deere earned $850.7 million, or $2.33 per share, for the three months ended July 31. That beat expectations of $2.20 per share, according to a poll by FactSet. But that’s still down significantly from last year, when the Moline company earned $996.5 million, or $2.56 per share.
Revenue from equipment sales fell to $8…
Managing Multiple Family Accounts
– CanadianCouchPotato.com
Model portfolios like those I recommend are ideal for investors who have a single RRSP account. But life isn’t so simple once you’ve accumulated a significant portfolio: chances are you’ll be managing two or three accounts, and if you have a spouse there may well be a few more.In most cases, it’s most efficient to consider both partners’ retirement accounts as a single large portfolio. In other words, there’s no my money and my spouse’s money: there’s only our money. This strategy has a couple of advantages: first, it allows the family to make the most tax-efficient asset location decisions. Second, it keeps the overall number of holdings to a minimum, which reduces transaction costs and complexity.
Meet Henry and Anne, who have a combined portfolio of $480,000. Let’s assume they are the same age and plan to retire at about the same time. Their financial plan revealed that a mix of 50% bonds and 50% stocks is suitable for their risk tolerance and goals…
60 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.
Carrick on money: Tax tips for cottage owners
– theglobeandmail.com
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
90 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.
