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For Canadians living abroad, is it worth investing in foreign ETFs? Mar 28th
Ask MoneySense
I’m a Canadian citizen who moved from Europe 2 years ago. I have some savings in EUR and I’m considering investing in VWCE (around 50,000 EUR).
I’m assuming this will complicate my tax returns in Canada. Are the extra complications worth it? What would you recommend in this c.... More »
RESP advice for Canadian citizens living in the U.S. Jun 16th
Q. I opened a RESP account while I was living in Canada, as a Canadian citizen. A few years back, we moved to the U.S., where my kids are going to college and university. I still have an active RESP account and make regular monthly contributions.
We file our tax returns in the U.S. only, since we de.... More »
How it works: Capital gains tax on the sale of a property Mar 31st
Capital gains. Even the mention of these two words together can immediately conjure myths about owing 50% of the money earned from selling a home to the government. But, like most rumours, it’s only half true.
Every week, our inbox is full of letters from readers asking how to avoid the c.... More »
Kylie Jenner, Forbes spar over story on billionaire status - CTV News May 30th
Kylie Jenner, Forbes spar over story on billionaire status CTV NewsForbes Strips Kylie Jenner of Billionaire Status as It's Revealed She Was Inflating Her Net Worth Yahoo StyleKylie Jenner is no longer a billionaire, according to Forbes Globalnews.ca‘Forbes’ Revo.... More »
Five smart steps to choosing the right ETF + MORE Nov 9th
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There’s certainly no shortage of choice these days for investors with an eye on exchange traded funds.
The number of ETFs available in Canada has ballooned to 371 at the end of September and this number is only expected to grow a.... More »
Carrick best reads: When taking a pay cut makes sense
– theglobeandmail.com
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick
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.
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
Fairfax Financial, Canadian Pacific, Canadian National and Restaurant Brands are some stocks we’re eyeing Tuesday.
Gildan Activewear CFO steps down in order to take same position at Kraft Foods Group
– canadianbusiness.com
NEW YORK, N.Y. – Gildan Activewear Inc.’s chief financial officer, James Kehoe, has resigned after about a month with the Montreal-based clothing company in order to take the same position at his former employer, Kraft Foods Group Inc.
Kehoe, who also served as executive vice-president and chief administrative officer at Gildan (TSX:GIL), had joined the company in January.
He had an approximately 25-year career at Kraft in finance and operations and is rejoining the food company after it announced last week that Teri List-Stoll would be stepping down from the CFO post at month’s end.
“While the timing of this change is not ideal, the opportunity with Kraft is something I could not pass up given my extensive history with the company and its people,” Kehoe said in a statement. Kraft’s products include Velveeta and Miracle Whip.
Laurence G. Sellyn, who had served as Gildan’s CFO, chief administrative officer and executive vice-president before Kehoe’s appointment, will resume the positions while the company looks for a replacement…
Kehoe, who also served as executive vice-president and chief administrative officer at Gildan (TSX:GIL), had joined the company in January.
He had an approximately 25-year career at Kraft in finance and operations and is rejoining the food company after it announced last week that Teri List-Stoll would be stepping down from the CFO post at month’s end.
“While the timing of this change is not ideal, the opportunity with Kraft is something I could not pass up given my extensive history with the company and its people,” Kehoe said in a statement. Kraft’s products include Velveeta and Miracle Whip.
Laurence G. Sellyn, who had served as Gildan’s CFO, chief administrative officer and executive vice-president before Kehoe’s appointment, will resume the positions while the company looks for a replacement…
