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A TFSA to protect against an apocalypse + MORE Nov 20th
Trevor Bonnici
AGE: 47
PLACE: Toronto
TFSA TOTAL: $47,895
STRATEGY: a portfolio that protects against hyperinflation and maintains his purchasing power
TFSA Holdings
Gold
25%
Mawer Global Bond Fund
35%
1 to 5-year TIPS VTIP ETF
10%
Polar Long/Short Fund (POL202)
(small- to mid-cap C.... More »
Stock markets see-saw as investors confront economic effects of coronavirus spreading - CBC.ca + MORE Mar 10th
Stock markets see-saw as investors confront economic effects of coronavirus spreading CBC.caAs the TSX tanked, this was the only stock that stayed in the green Yahoo Canada FinanceGordon Pape: There will be more gut-wrenching volatility going forward. Here's how to adjust your .... More »
O’Malley pushes financial regulation as a campaign issue, criticizes ‘triangulation’ politics Feb 28th
MYRTLE BEACH, S.C. – Former Maryland Gov. Martin O’Malley, who is considering entering the Democratic presidential race, said Saturday that financial regulation needs to be at the forefront of the 2016 campaign and suggested big banks need to be broken up if they might harm the nation.
&.... More »
Frankfurt WW II bomb defusal delayed as some people refuse to leave evacuation zone - CBC.ca Sep 3rd
CBC.caFrankfurt WW II bomb defusal delayed as some people refuse to leave evacuation zoneCBC.caTen of thousands of residents of Germany's financial capital Frankfurt left their homes on Sunday ahead of the planned defusing of a massive Second World War bomb discovered on a building site. Bomb t.... More »
Business Highlights + MORE May 12th
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Middle class shrinks in 9 of 10 US cities as incomes fall
WASHINGTON (AP) — In cities across America, the middle class is hollowing out.
A widening wealth gap is moving more households into either higher- or lower-income groups in major metro areas, with fewer remaining in the middle, accordin.... More »
MoneySense wins at the CFA Society Toronto awards
– moneysense.ca
MoneySense magazine swept the CFA Society Toronto Financial Journalism Awards Wednesday night.
Retirement columnist David Aston was named Journalist of the Year while MoneySense senior editor Julie Cazzin won the Spirit of the Future of Finance Award. Publication of the Year was awarded to The Globe and Mail.
“MoneySense prides itself on providing sophisticated advice to our readers in an accessible format, and it was wonderful to see that recognized by the organization which oversees Canada’s most prestigious financial accreditation,” said MoneySense editor-in-chief Duncan Hood. “In fact, we are one of the few consumer publications out there which includes CFA members among our writers.”
The CFA Society Toronto Financial Journalism Awards recognize the contributions of different Ontario and Canadian based publications and journalists whose work helps consumers and advisers to gain a better understanding of the investment profession. The Spirit of the Future of Finance was a new category added this year in support of the Future of Finance, a global effort initiated by CFA Institute to shape a trustworthy, forward-thinking financial industry that better serves society…
Retirement columnist David Aston was named Journalist of the Year while MoneySense senior editor Julie Cazzin won the Spirit of the Future of Finance Award. Publication of the Year was awarded to The Globe and Mail.
“MoneySense prides itself on providing sophisticated advice to our readers in an accessible format, and it was wonderful to see that recognized by the organization which oversees Canada’s most prestigious financial accreditation,” said MoneySense editor-in-chief Duncan Hood. “In fact, we are one of the few consumer publications out there which includes CFA members among our writers.”
The CFA Society Toronto Financial Journalism Awards recognize the contributions of different Ontario and Canadian based publications and journalists whose work helps consumers and advisers to gain a better understanding of the investment profession. The Spirit of the Future of Finance was a new category added this year in support of the Future of Finance, a global effort initiated by CFA Institute to shape a trustworthy, forward-thinking financial industry that better serves society…
Using the Home Buyers’ Plan on a second home
– moneysense.ca
(Image courtesy of Danilo Rizzuti/ FreeDigitalPhotos.net)Q: I want to buy a house with money from my RRSP but I used my Home Buyers’ Plan 17 years ago. How can I find out if I qualify before I withdraw money from my RRSP?—Wannie Guy
A: Sometimes you can have a second “first time.” Even if you previously participated in the Home Buyers’ Plan (HBP), you may be eligible to do so again, if your balance is zero and you meet all the other HBP conditions. There are exceptions, but you may re-qualify as a first-time home buyer as long as neither you nor your current spouse have owned a home that you occupied as your principal place of residence during the four-year period before the RRSP withdrawal.
The eligibility criteria are quite specific so I recommend you search online for the CRA pamphlet numbered “RC4135” and review the questionnaire on page 7 or contact them at 1-800-959-8281. If you decide to give them a call, have an accountant joke ready to go. They love that.
Give the gift of MoneySense…
Give the gift of MoneySense
– moneysense.ca
Order a 1-year subscription to Canada’s personal finance magazine for just $25 (8 issues). While you’re at it, get one for yourself too! Each addition subscription costs just $20. Subscribe now!
MoneySense helps readers make smarter investing, banking, insurance, shopping and real estate decisions for financial freedom, sooner. Save thousands of dollars every year by learning which investments have the lowest fees, how to pick winning stocks, how to slash your taxes and more. Every issue contains answers to common money questions as well as stories about real Canadians who have overcome financial obstacles. Columnists include author and TV personality Bruce Sellery, veteran personal finance journalist Jonathan Chevreau, ETF expert Dan Bortolotti, value stock picker Norman Rothery, tax expert Evelyn Jacks and retirement expert David Aston.
Give the gift of MoneySense. Order now! »
The post Give the gift of MoneySense appeared first on MoneySense.
Governor General bound for Chile, Colombia, talks responsible mining
– canadianbusiness.com
OTTAWA – Canadian mining companies have a responsibility to ensure they don’t tarnish the country’s “brand” with substandard corporate behaviour, says Governor General David Johnston.
He made the remarks in an interview with The Canadian Press on Thursday prior to his upcoming official state visits to Chile and Colombia in the coming week.
Canadian mining companies are active in both countries, and the extractives industry is frequently a lightning rod for broad criticism that it can run roughshod over local, often indigenous populations.
Overall, Johnston said Canadian companies are leaders in corporate social responsibility, but there’s always room for improvement.
He said when some companies periodically fail to meet the standards of proper corporate behaviour, they are hurting the economic chances of those that are doing good work.
“In the mining area, one could argue that Canada sets the standard for the world in terms of what investment practices should be,” Johnston said in a wide-ranging discussion at his official residence, Rideau Hall…
He made the remarks in an interview with The Canadian Press on Thursday prior to his upcoming official state visits to Chile and Colombia in the coming week.
Canadian mining companies are active in both countries, and the extractives industry is frequently a lightning rod for broad criticism that it can run roughshod over local, often indigenous populations.
Overall, Johnston said Canadian companies are leaders in corporate social responsibility, but there’s always room for improvement.
He said when some companies periodically fail to meet the standards of proper corporate behaviour, they are hurting the economic chances of those that are doing good work.
“In the mining area, one could argue that Canada sets the standard for the world in terms of what investment practices should be,” Johnston said in a wide-ranging discussion at his official residence, Rideau Hall…
Energy stocks are battered. Is it time to buy?
– theglobeandmail.com
Investors are rattled as blue-chip stocks such as Suncor and CNRL take a beating
