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Ford plans $1.8 billion expansion of China research and development + MORE Oct 12th
BEIJING, China – Ford Motor Co. says it plans to spend $1.8 billion to expand its ability to develop technologies for China’s growing auto market.
The American automaker said Monday it will expand a research and development centre in the eastern city of Nanjing and work on autonomous dri.... More »
Former chairman of PetroChina’s parent company goes on trial in corruption case + MORE Apr 13th
BEIJING, China – A Chinese court says a corruption trial has started for the former chairman of the stated-owned parent of PetroChina Ltd., Asia’s biggest oil producer.
Jiang Jiemin was chairman of the state-run China National Petroleum Corp., the target of a sweeping graft investigation.... More »
Your home sold—now what? + MORE Apr 1st
If you’ve sold your home or are planning to soon, you may have a large amount of cash that needs a temporary parking spot while you prepare for your next move. A regular savings account pays very little interest—so unless you need the money right away, it makes sense to seek higher returns.
S.... More »
Brampton man facing fraud charge, 2 lawsuits as alleged real estate deposit scam collapses - CBC May 13th
Brampton man facing fraud charge, 2 lawsuits as alleged real estate deposit scam collapses CBC.... More »
The tax implications of transferring a stock between spouses + MORE May 9th
My wife and I are joint owners WROS (with right of survivorship) of a stock we have owned for many years. If the ownership of the stock is changed to just her name, individually, no death involved, does her cost basis of the shares remain the same as it was when it was in our joint names?—Joe
T.... More »
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Welcome to some Weekend Reading, offering the best in personal finance and investing reading for the week that was.
This week was busy for yours truly so in case you missed it, here were my articles:
Check out how I did on these 2014 financial predictions.
Over a few bottles of wine during the holidays, we decided on these financial goals for 2015.
Thanks to Glenn Cooke here is a detailed post about permanent life insurance that’s a must read.
Hopefully Ottawa will come out of the deep freeze called winter at some point. Before the end of March would be nice
Thanks for reading everyone, stay warm fellow Canucks and see you here again next week.
Holy Potato released his “Canonical Portfolio”, a simple recipe of four funds or ETFs for your portfolio. I think his simple portfolio of VAB or XBB (bonds); VCN or XIC (Canadian equity); VTI or VUN (U.S. equity) and a few others would serve most investors quite well…
Welcome to some Weekend Reading, offering the best in personal finance and investing reading for the week that was.
This week was busy for yours truly so in case you missed it, here were my articles:
Check out how I did on these 2014 financial predictions.
Over a few bottles of wine during the holidays, we decided on these financial goals for 2015.
Thanks to Glenn Cooke here is a detailed post about permanent life insurance that’s a must read.
Hopefully Ottawa will come out of the deep freeze called winter at some point. Before the end of March would be nice
Thanks for reading everyone, stay warm fellow Canucks and see you here again next week.
Holy Potato released his “Canonical Portfolio”, a simple recipe of four funds or ETFs for your portfolio. I think his simple portfolio of VAB or XBB (bonds); VCN or XIC (Canadian equity); VTI or VUN (U.S. equity) and a few others would serve most investors quite well…
ATCO Ltd, raising its quarterly dividend by 15 per cent to 24.75 cents
– canadianbusiness.com
CALGARY – ATCO Ltd. is increasing its quarterly dividend by 15 per cent.
The Calgary-based company announced after markets closed Thursday that it will raise the dividend to 24.75 cents from 21.5 cents.
The new, higher dividend is payable March 31 to shareholders of record on March 10.
On the Toronto Stock Exchange, ATCO shares closed up 10 cents at $47.54.
Meanwhile, Canadian Utilities Ltd. (TSX:CU), a company in which ATCO is the controlling shareholder, announced a 10 per cent increase in its first-quarter dividend to 29.5 cents from 26.75 cents.
The new dividend is payable March 1 to shareholders of record on Feb. 5.
Canadian Utilities shares closed up 36 cents at $41.06.
With more than 9,000 employees and assets of approximately $18 billion, ATCO is a diversified global corporation involved in structures and logistics, pipelines and electricity generation and distribution among other businesses.
The post ATCO Ltd, raising its quarterly dividend by 15 per cent to 24.75 cents appeared first on Canadian Business.
The Calgary-based company announced after markets closed Thursday that it will raise the dividend to 24.75 cents from 21.5 cents.
The new, higher dividend is payable March 31 to shareholders of record on March 10.
On the Toronto Stock Exchange, ATCO shares closed up 10 cents at $47.54.
Meanwhile, Canadian Utilities Ltd. (TSX:CU), a company in which ATCO is the controlling shareholder, announced a 10 per cent increase in its first-quarter dividend to 29.5 cents from 26.75 cents.
The new dividend is payable March 1 to shareholders of record on Feb. 5.
Canadian Utilities shares closed up 36 cents at $41.06.
With more than 9,000 employees and assets of approximately $18 billion, ATCO is a diversified global corporation involved in structures and logistics, pipelines and electricity generation and distribution among other businesses.
The post ATCO Ltd, raising its quarterly dividend by 15 per cent to 24.75 cents appeared first on Canadian Business.
China bans private cars from ride-hailing apps in move that could hurt Uber expansion
– canadianbusiness.com
BEIJING, China – Chinese regulators have banned drivers of private cars from offering services through ride-hailing apps, adding a new legal hurdle to Uber Technologies Ltd.’s global expansion.
The Ministry of Transport said only licensed taxis and limousines may use ride-hailing apps, which are hugely popular in China. The ministry said it took the step to protect the safety of riders.
The ruling could be a setback for Uber, which has run into legal trouble in South Korea and other markets for using drivers who lack taxi licenses.
China’s ride-hailing market is dominated by domestic competitors Didi Dache, backed by Internet giant Tencent, and Kuaidi Dache, backed by rival Alibaba Group.
Uber received investment in December from another Chinese Internet giant, search engine operator Baidu Inc.
The post China bans private cars from ride-hailing apps in move that could hurt Uber expansion appeared first on Canadian Business.
The Ministry of Transport said only licensed taxis and limousines may use ride-hailing apps, which are hugely popular in China. The ministry said it took the step to protect the safety of riders.
The ruling could be a setback for Uber, which has run into legal trouble in South Korea and other markets for using drivers who lack taxi licenses.
China’s ride-hailing market is dominated by domestic competitors Didi Dache, backed by Internet giant Tencent, and Kuaidi Dache, backed by rival Alibaba Group.
Uber received investment in December from another Chinese Internet giant, search engine operator Baidu Inc.
The post China bans private cars from ride-hailing apps in move that could hurt Uber expansion appeared first on Canadian Business.
Cooling Calgary real estate adds to fears beyond energy sector
– theglobeandmail.com
As oil plunges, Alberta’s real estate sector starts to show signs of weakness
