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A long trade war could mean more financial stress: Bank of Canada + MORE May 8th
The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said Thursday (May 8).
The central bank says in its latest Financial Stability Report that at the start of the year, households had, o.... More »
Questrade vs Wealthsimple 2023 Update: Breaking Down the Differences for Canadian Investor + MORE Jan 11th
Investing can be overwhelming and confusing, with a plethora of options and platforms to choose from. Two of the most popular online investment platforms in Canada are Questrade and Wealthsimple. Each platform offers its own unique features, benefits and drawbacks, and choosing between the two ca.... More »
1 in 6 Canadians struggling with finances, Angus Reid survey finds Jul 17th
More than a quarter of Canadians are already facing serious financial hardship, according to the findings of a new study released today as part of an examination of poverty..... More »
Great Canadian Gaming stock trading halted ahead of OLG gambling takeover news Aug 8th
OLG is expected to select a business within days to take over operations at its casino and thousands of slot machines in the GTA
.... More »
Making sense of the markets this week: February 1, 2021 Jan 30th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Redditors took on hedge funds—and won!
Not to be outdone, the year 2021 turns to 2020 and says “hold my beer.”
Just when you thought that things couldn’t get any l.... More »
Waterloo-based smartphone maker BlackBerry will buy back 12 million of its own shares, news that sent the company’s stock up more than two per cent on Friday.
Former Saskatchewan premier Calvert says Albertans need not fear royalty review
– canadianbusiness.com
CALGARY – Former Saskatchewan NDP premier Lorne Calvert says oil and gas companies shouldn’t panic or lash out over the new Alberta government’s plans to review royalty rates.
Calvert, who led Saskatchewan from 2001 to 2007, reviewed that province’s royalty regime in 2002.
“We lowered the rates somewhat and we simplified them — which is what the industry hoped we would do — and we followed through on that,” Calvert said in an interview with The Canadian Press. “In terms of mining, we shifted the emphasis to the development of new exploration and mine development.”
Incoming NDP premier Rachel Notley has indicated she wants an independent review of Alberta’s royalty framework to ensure the province is getting a fair return for its non-renewable resources.
Royalties are paid to the government by energy companies to develop the province’s oil and gas resources.
The government of former Alberta premier Ed Stelmach increased royalty rates in 2007, but rolled them back after criticism from the industry and a loss of investment in the province…
Calvert, who led Saskatchewan from 2001 to 2007, reviewed that province’s royalty regime in 2002.
“We lowered the rates somewhat and we simplified them — which is what the industry hoped we would do — and we followed through on that,” Calvert said in an interview with The Canadian Press. “In terms of mining, we shifted the emphasis to the development of new exploration and mine development.”
Incoming NDP premier Rachel Notley has indicated she wants an independent review of Alberta’s royalty framework to ensure the province is getting a fair return for its non-renewable resources.
Royalties are paid to the government by energy companies to develop the province’s oil and gas resources.
The government of former Alberta premier Ed Stelmach increased royalty rates in 2007, but rolled them back after criticism from the industry and a loss of investment in the province…
Trading The Forex Market
– investitwisely.com
Traditionally, the Forex market (foreign exchange market) has always been exclusive to banks and major financial institutions. That was until about a decade ago when the internet made it available to individual Forex traders. The Forex market is highly liquid with a daily turnover exceeding $4 trillion, by far the biggest financial market. The market operates on a 24 hour basis except for the weekends; it is geographically dispersed in major dealer centers in Tokyo, Sidney, New York and London.With respect to account size, high leverage can be used to enhance profit and loss margins. High leverage can be up to 500:1 which means with $1,000 you can control $500,000 of currency! This is obviously not a market for the faint of heart, currency trading comes with the potential of massive reward for successful traders. It can also result in massive losses as each dollar won is balanced by a dollar lost, a zero sum game.
Traders generate profits or losses on a rising or falling currency by buying one currency anticipated to rise against another currency or by selling a currency anticipated to fall against another currency…
When Woody Harrelson called, eco-entrepreneur answered
– theglobeandmail.com
The celebrity’s investment helped Jeff Golfman’s sustainable paper business
Finance minister offers tax relief – News Talk 610 CKTB
– news.google.ca
News Talk 610 CKTBFinance minister offers tax reliefNews Talk 610 CKTBFinance Minister Joe Oliver says the federal government will continue to cut taxes if the Conservatives win the next election, tentatively set for October 19th. Oliver says the government would have the financial wiggle room to do that by having to make smaller …Oliver Stresses Canada Housing Agency Won't be Privatized Any SoonOye! TimesConservatives would cut more taxes if re-elected, Oliver saysThe Globe and MailCanada housing agency won't be privatized soon, Oliver saysToronto StarCTV Newsall 28 news articles »
