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Are women getting the right advice about RESPs? Apr 30th
When my first child was born in early 2011, I wanted to set up a registered education savings plan (RESP) as soon as possible. My husband didn’t have any student debt of his own, but I’d left university with over $40,000 owing on a line of credit—a huge number that I carried into our marriage .... More »
Ottawa has brought this country's housing fantasy to an end - The Globe and Mail + MORE Oct 4th
The Globe and MailOttawa has brought this country's housing fantasy to an endThe Globe and MailAre you a first-time home buyer concerned about the housing rule changes? Email RYounglai@globeandmail.com and you could be featured in a story. The fantasy of endlessly rising house prices is over. I.... More »
Canada’s housing bubble looks disturbingly familiar + MORE Apr 7th
(Shutterstock)
Last March, Canada’s unstoppable bull market in housing entered its eighth consecutive year since recovering from a brief downturn amid the global financial crisis. Even that contraction looks like a mere blip when viewed against the long-term trend. The country’s real estate mark.... More »
Calendar: What investors need to know for the week ahead + MORE Jul 14th
A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead
.... More »
At the open: TSX, Dow higher as earnings season begins + MORE Apr 11th
Oil price dips as banks caution on impact of producers’ meeting
.... More »
Men manipulated the price of company shares: B.C. Securities Commission
– canadianbusiness.com
VANCOUVER – Securities’ regulators in British Columbia say a North Vancouver man and two U.S. citizens manipulated the share price of a mineral company.
The B.C. Securities Commission found the manipulation occurred between June 15 and July 6, 2009 and affected share prices for Sungro Minerals Corp., which was incorporated in Nevada and had a head office in Surrey, B.C.
The panel found that at the start of trading the company had $299 in assets, and despite no news that would justify an increase, its share price rose from 0.45 cents to a high of $4.75.
The commission found Mark McLeary of North Vancouver, and Americans Robert Hainey and Jerry Williams were part of a plan to dramatically increase the share price over the 13 days.
The panel concluded Williams, assisted by Hainey, promoted the shares on the message board while McLeary directed their sale to message board members.
The securities’ regulator has not yet announced any disciplinary action and has asked the three men to make applications on sanctions…
The B.C. Securities Commission found the manipulation occurred between June 15 and July 6, 2009 and affected share prices for Sungro Minerals Corp., which was incorporated in Nevada and had a head office in Surrey, B.C.
The panel found that at the start of trading the company had $299 in assets, and despite no news that would justify an increase, its share price rose from 0.45 cents to a high of $4.75.
The commission found Mark McLeary of North Vancouver, and Americans Robert Hainey and Jerry Williams were part of a plan to dramatically increase the share price over the 13 days.
The panel concluded Williams, assisted by Hainey, promoted the shares on the message board while McLeary directed their sale to message board members.
The securities’ regulator has not yet announced any disciplinary action and has asked the three men to make applications on sanctions…
What you really need to know about permanent insurance
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
As noted in a previous article there are two families of life insurance available in Canada; Term Life Insurance and Permanent Life Insurance. The most misunderstood of those two types is permanent life insurance. In this article we’re going to clarify those misunderstandings. Then we’re going to show you how Guaranteed Universal Life and Whole Life may be better products than Term to 100.
Bad Whole Life
Also known as Enhanced Whole Life, you can smell this insurance coverage whenever the word ‘dividend’ is mentioned. The word dividend is a homonym – it sounds like the word ‘dividend’ that Mark writes about here but it is NOT the same thing. Enhanced Whole Life is actually a mix of a small amount of whole life insurance and a larger portion of one year term insurance (one year term insurance has premiums that start our really cheap but become really expensive over time). The insurance company execs balance mortality, expenses and investments on the block of life insurance policies along with their need for a Christmas bonus and may declare a ‘dividend’ – which is actually a return of your own premiums…
As noted in a previous article there are two families of life insurance available in Canada; Term Life Insurance and Permanent Life Insurance. The most misunderstood of those two types is permanent life insurance. In this article we’re going to clarify those misunderstandings. Then we’re going to show you how Guaranteed Universal Life and Whole Life may be better products than Term to 100.
Bad Whole Life
Also known as Enhanced Whole Life, you can smell this insurance coverage whenever the word ‘dividend’ is mentioned. The word dividend is a homonym – it sounds like the word ‘dividend’ that Mark writes about here but it is NOT the same thing. Enhanced Whole Life is actually a mix of a small amount of whole life insurance and a larger portion of one year term insurance (one year term insurance has premiums that start our really cheap but become really expensive over time). The insurance company execs balance mortality, expenses and investments on the block of life insurance policies along with their need for a Christmas bonus and may declare a ‘dividend’ – which is actually a return of your own premiums…
Fossil fuel subsidies are starving innovation
– theglobeandmail.com
Providing artificial stimulus to a declining industry is not just creating financial risks, it’s holding our economy back
Canadian yoga wear maker Lululemon Athletica Inc on Wednesday named Stuart Haselden as its new chief financial officer, replacing long-time executive John Currie, who announced in June his plan to retire by the end of the fiscal year.
MARKET REPORT: Investment spurt helps TSX recover – TheChronicleHerald.ca (registration)
– news.google.ca
TheChronicleHerald.ca (registration)MARKET REPORT: Investment spurt helps TSX recoverTheChronicleHerald.ca (registration)TORONTO — The Toronto stock market closed modestly higher Wednesday as investors tried to mount a relief rally after two days of punishing losses sparked by a collapse in oil prices to below US$50 a barrel and worries about the effects of such a decline.Closing Report: TSX climbs on U.S. data, firmer oil pricesbnn.caCANADA STOCKS-TSX index climbs on US data, firmer oil pricesReutersMost actively traded companies on the TSXmysask.comall 69 news articles »
