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Canadian home price divergence likely to continue in 2016 + MORE Feb 8th
Indicators will reveal whether real estate continues to skyrocket in Toronto and Vancouver while cooling in Alberta
.... More »
Can I avoid probate? + MORE Sep 15th
Q: Do I have to probate cash if that is all there is in an estate? The estimate is $90,000 in a bank. Do I have to probate the estimated $120,000 in Canadian stocks? There are three siblings that will all sign off on a decision according to the only will ever prepared (equal split).
-Spike
A: Benjam.... More »
Stocks falling after failure of Silicon Valley Bank - CTV News + MORE Mar 13th
Stocks falling after failure of Silicon Valley Bank CTV NewsStock market news today: Stocks, bond yields, bank stocks fall on SVB fallout Yahoo Canada FinanceBefore the Bell: What every Canadian investor needs to know today The Globe and MailFear grips financial mark.... More »
Maple Leaf to spin off a publicly traded company Jul 10th
This little piggy is going to market.
Maple Leaf Foods (MFI/TSX) is spinning off its pork business into a new publicly traded company, the firm announced Tuesday. It’s something that’s been in the works for a little while, but the time is now right, said chief executive Curtis Frank in an.... More »
Which savings plans should a 37-year-old with a military disability income contribute to, and when? Jul 28th
Q. I am 37 with a military disability income that will pay monthly until I die. Could you give your advice on which savings plans I should be investing in, and the order in which I should make my investments?
To date, I contribute to my and my spouse’s registered disability savings plan (RDSP), th.... More »
Bombardier gets boost with major C Series order – The Globe and Mail
– news.google.ca
CBC.caBombardier gets boost with major C Series orderThe Globe and MailBombardier Inc.'s C Series jet program got a big boost Friday with the announcement that Macquarie AirFinance has committed to the purchase of 40 planes. While Bombardier did not disclose the value of the deal, it is estimated to be about $3-billion (U.S.) …TSX climbs as Bombardier, BlackBerry lead gainsbnn.caBombardier stock boosted by big order for CSeries jetsCBC.caMacquarie AirFinance orders 40 Bombardier CS300 jets, for lease to airlinesTimes ColonistBelfast Newsletterall 54 news articles »
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.
Another big day for BlackBerry
– macleans.ca
Top of the Morning
William Lazonick of the Harvard Business Review suggests that corporate America’s short-term thinking has kept much of the public shut out from the economic recovery:
Corporate profitability is not translating into widespread economic prosperity.
The allocation of corporate profits to stock buybacks deserves much of the blame. Consider the 449 companies in the S&P 500 index that were publicly listed from 2003 through 2012. During that period those companies used 54 per cent of their earnings—a total of $2.4 trillion—to buy back their own stock, almost all through purchases on the open market. Dividends absorbed an additional 37 per cent of their earnings. That left very little for investments in productive capabilities or higher incomes for employees.
The buyback wave has gotten so big, in fact, that even shareholders—the presumed beneficiaries of all this corporate largesse—are getting worried. “It concerns us that, in the wake of the financial crisis, many companies have shied away from investing in the future growth of their companies,” Laurence Fink, the chairman and CEO of BlackRock, the world’s largest asset manager, wrote in an open letter to corporate America in March…
Pimco withdrawals could hit 30 per cent as money managers stunned by departure
– theglobeandmail.com
Managers are monitoring developments after Bill Gross’s move from California-based Pimco, which manages $1.97-trillion (U.S.) in assets
‘Bond King’ Bill Gross leaves Pimco for rival Janus
– theglobeandmail.com
Move comes days after reported investigation of Pimco ETF, and one day before Gross was expected to be fired from the huge investment firm he co-founded more than 40 years ago
