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Who’s looking to buy our homes? + MORE Jun 3rd
In the market to sell your house and want to know who’s buying our homes? Still debating whether or not foreign money impacts Canadian real estate prices? You may want to consider how many visits Canadian real estate listings got last year from foreign buyers. According to the current Insig.... More »
The best RRSPs in Canada for 2024 + MORE Nov 13th
Why should you open a registered retirement savings plan (RRSP)? This account type is often described as “tax-advantaged,” meaning it offers a tax-efficient way for savers and investors to build wealth for the future, usually for retirement. To maximize its potential, it helps to know the differ.... More »
Trump warns courts against knocking down tariffs, says duties are 'huge positive' for stock market - CNBC Aug 8th
Trump warns courts against knocking down tariffs, says duties are 'huge positive' for stock market CNBCTrump warns of another Great Depression if court strikes down tariffs CNNMore than 60 countries scramble to respond to Trump’s latest tariffs The GuardianState of.... More »
Horizons Swap ETFs: The Next Generation Sep 6th
It’s been a stressful few months for investors using the popular swap-based ETFs from Horizons. These funds have been available since 2011 and have attracted some $5.3 billion in assets because of their innovative, tax-efficient structure. But when the federal government released its budget in Mar.... More »
Sales up, prices down in GTA housing market Oct 6th
Toronto-area home sales rose in September while prices continued to decline, as the city’s real estate board says the market could continue heating up amid ample choice and lower borrowing costs.
The Toronto Regional Real Estate Board said the 5,592 homes sold last month was up 8.5% from Se.... More »
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Lithuania welcomes euro but wave of emigration a painful side-effect of closer ties with West
– canadianbusiness.com
VILNIUS, Lithuania – When Antanas Zubavicius turns the light on in his run-down house, it’s the only light for miles. He is the last man in Dumbliuneliai, a once busy farmers’ village in Lithuania that has gradually been abandoned as its residents emigrated in search of better jobs.
“I’m not going anywhere. This is my land,” the 60-year-old says, waving at the abandoned, shuttered houses around him. “When I am gone this village is gone too.”
As Lithuania prepares to adopt the euro on Jan. 1, it is hoping that membership in the European Union’s official currency will bring a rise in investment and trade. But the Baltic country’s increasing integration with richer European countries is also having a pernicious side-effect: a wave of emigration that is emptying towns and causing worker shortages.
Emigration has been on the rise since 2004, when this country of 3 million people joined the EU, whose membership guarantees freedom of movement…
“I’m not going anywhere. This is my land,” the 60-year-old says, waving at the abandoned, shuttered houses around him. “When I am gone this village is gone too.”
As Lithuania prepares to adopt the euro on Jan. 1, it is hoping that membership in the European Union’s official currency will bring a rise in investment and trade. But the Baltic country’s increasing integration with richer European countries is also having a pernicious side-effect: a wave of emigration that is emptying towns and causing worker shortages.
Emigration has been on the rise since 2004, when this country of 3 million people joined the EU, whose membership guarantees freedom of movement…
(AP Photo/Eric Gay)In February 2014, I rang up Bob Hoye, a financial forecaster in Vancouver well known for his bearish outlook, to talk about where oil prices might be headed. It was an engaging and enlightening interview, and it led to this column. Here’s an excerpt:
So what does Hoye see coming down the pipe for oil, that sludgy lifeblood of the Canadian economy? “Somewhere in the next couple of months, the price advance in crude will probably have maxed out for this business cycle,” he says. “It’s easy to say that crude oil could fall to 25 per cent of its recent high. It will change things enormously.”
At the time, West Texas Intermediate oil was trading for a little more than US$100 a barrel, which, if Hoye’s forecast played out as he saw it, meant oil would soon top out and begin to plunge toward US$25 a barrel.
You can imagine what my inbox looked like in the following weeks. Messages and comments flooded in, mostly anonymous, dismissing Hoye’s forecasting record and pointing to Maclean’s dour covers about the housing market…
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
