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Six key concepts to help you weather the investment storms Jul 25th
The key to surviving the roller coaster ride of investing, writes investment adviser David Aston, is to maintain a balanced portfolio of quality stocks and bonds and to focus on long-term investing.... More »
TSX, US stocks lower - Business News - Castanet.net Feb 7th
TSX, US stocks lower - Business News Castanet.netCanada's main stock index fell in late-morning trading, weighed down by the energy sector which fell as the price of oil moved lower..... More »
COVID-19 financial support for working seniors + MORE Apr 14th
Q. I am still working, and also receive Canada Pension Plan (CPP) and Old Age Security (OAS) benefits. If I get laid off from work, as it appears will happen soon, would I qualify for the government COVID-19 income? I am 69 years old.
–Tom
A. The Canadian government has unveiled massive financial .... More »
What’s on MLS: This is what $2 million buys + MORE Dec 9th
Yes, of course $2-million will let you buy a stunning urban home complete with modern remodel and architectural upgrades, but aren’t you just a little bit curious as to what else $2-million will get you in the Canadian real estate market?
Here’s a snapshot of what a $2-million (or more.... More »
Why Gen Z Is choosing career vibes over big paycheques, especially early on + MORE Feb 5th
For decades, the standard career advice for young Canadians was as linear as an airport security line: shoes off, laptop out, no detours. Except in career land it was: get the degree, find the best-paying gig, climb the corporate ladder, and don’t look back until retirement.
But according.... More »
AlarmForce names new president, CEO; Anthony Pizzonia will start Sept. 30
– canadianbusiness.com
TORONTO – AlarmForce Industries Inc. (TSX:AF) has appointed a new president and chief executive to head the home and commercial security company.
Anthony Pizzonia will assume the new role on Sept. 30.
Pizzonia, a long-time employee, has been acting as interim president and CEO for more than a year. Before that, he had been the company’s chief financial officer since 1995 and has also been a board member since 2004.
Pizzonia fills the vacancy left by AlarmForce’s high-profile CEO, Joel Matlin, who was ousted from the company in July 2013.
At the time, Matlin, who had been at the company’s helm since its inception in 1988, claimed that he was dismissed without cause or notice, which goes against the terms of his contract. He was let go following a nearly year-long strategic review by the company, which included its possible sale but ended without a deal. Analysts speculated at the time the dismissal was likely related to the company’s failure to find a buyer…
Anthony Pizzonia will assume the new role on Sept. 30.
Pizzonia, a long-time employee, has been acting as interim president and CEO for more than a year. Before that, he had been the company’s chief financial officer since 1995 and has also been a board member since 2004.
Pizzonia fills the vacancy left by AlarmForce’s high-profile CEO, Joel Matlin, who was ousted from the company in July 2013.
At the time, Matlin, who had been at the company’s helm since its inception in 1988, claimed that he was dismissed without cause or notice, which goes against the terms of his contract. He was let go following a nearly year-long strategic review by the company, which included its possible sale but ended without a deal. Analysts speculated at the time the dismissal was likely related to the company’s failure to find a buyer…
How the Dow Jones industrial average and other major indexes fared on Tuesday
– canadianbusiness.com
A suddenly stormy month on the stock market came to a quiet end on Tuesday. Major indexes drifted to a slight loss, leaving the Standard & Poor’s 500 down 1.6 per cent for September, its third monthly drop this year.
The Dow Jones industrial average lost 28.32 points, or 0.2 per cent, to 17,042.90.
The Standard & Poor’s 500 index lost 5.51 points, or 0.3 per cent, to 1,972.29.
The Nasdaq composite slipped 12.46 points, or 0.3 per cent, to 4,493.39.
For the week:
The Dow is down 70.25, or 0.4 per cent.
The S&P 500 is down 10.56, or 0.5 per cent.
The Nasdaq is down 18.80, or 0.4 per cent.
For the year:
The Dow is up 466.24 points, or 2.8 per cent.
The S&P 500 index is up 123.93 points, or 6.7 per cent.
The Nasdaq is up 316.80 points, or 7.6 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Tuesday appeared first on Canadian Business.
The Dow Jones industrial average lost 28.32 points, or 0.2 per cent, to 17,042.90.
The Standard & Poor’s 500 index lost 5.51 points, or 0.3 per cent, to 1,972.29.
The Nasdaq composite slipped 12.46 points, or 0.3 per cent, to 4,493.39.
For the week:
The Dow is down 70.25, or 0.4 per cent.
The S&P 500 is down 10.56, or 0.5 per cent.
The Nasdaq is down 18.80, or 0.4 per cent.
For the year:
The Dow is up 466.24 points, or 2.8 per cent.
The S&P 500 index is up 123.93 points, or 6.7 per cent.
The Nasdaq is up 316.80 points, or 7.6 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Tuesday appeared first on Canadian Business.
Business Highlights
– canadianbusiness.com
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School spending by affluent is widening wealth gap
WASHINGTON (AP) — Education is supposed to help bridge the gap between the wealthiest people and everyone else. Ask the experts, and they’ll count the ways:
Preschool can lift children from poverty. Top high schools prepare students for college. A college degree boosts pay over a lifetime. And the U.S. economy would grow faster if more people stayed in school longer.
Plenty of data back them up. But the data also show something else:
Wealthier parents have been stepping up education spending so aggressively that they’re widening the nation’s wealth gap. When the Great Recession struck in late 2007 and squeezed most family budgets, the top 10 per cent of earners — with incomes averaging $253,146 — went in a different direction: They doubled down on their kids’ futures.
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Who is the man replacing the ‘Bond King’?
NEW YORK (AP) — With Bill Gross’ surprise departure from Pimco, 45-year-old Daniel Ivascyn now finds himself watching over trillions in assets at the huge mutual fund firm…
School spending by affluent is widening wealth gap
WASHINGTON (AP) — Education is supposed to help bridge the gap between the wealthiest people and everyone else. Ask the experts, and they’ll count the ways:
Preschool can lift children from poverty. Top high schools prepare students for college. A college degree boosts pay over a lifetime. And the U.S. economy would grow faster if more people stayed in school longer.
Plenty of data back them up. But the data also show something else:
Wealthier parents have been stepping up education spending so aggressively that they’re widening the nation’s wealth gap. When the Great Recession struck in late 2007 and squeezed most family budgets, the top 10 per cent of earners — with incomes averaging $253,146 — went in a different direction: They doubled down on their kids’ futures.
___
Who is the man replacing the ‘Bond King’?
NEW YORK (AP) — With Bill Gross’ surprise departure from Pimco, 45-year-old Daniel Ivascyn now finds himself watching over trillions in assets at the huge mutual fund firm…
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.
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.
