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How to invest in Canadian bank ETFs + MORE May 22nd
Though they’re well represented in Canadian stock indices, you can see why some investors would want even more exposure to Canadian banks. They have enviable dividend growth histories and ample current yields. They offer relatively stable earnings that are not vulnerable to global tariffs or suppl.... More »
Are you owed a slice of the $5B unclaimed assets pie? + MORE Jul 9th
Canadians are leaving as much as $5 billion worth of unclaimed assets on the table and without proper processes in place in Ontario, that money is likely sit for some time more.
“I call it Canada’s under-the-radar economic action plan in waiting, and it wouldn’t cost as much as b.... More »
Microsoft inks Nvidia game deal to assuage regulators over Activision merger - Financial Post + MORE Feb 21st
Microsoft inks Nvidia game deal to assuage regulators over Activision merger Financial PostMicrosoft President Is Carrying That Giant Sony Call of Duty Deal In Pocket, Weirdly KotakuMicrosoft signs 10-year deal to bring Call of Duty to Nintendo platforms MobileSyrupN.... More »
Oil prices soar after 11 non OPEC countries agree to cut back output + MORE Dec 12th
TORONTO — Oil prices have soared following a weekend agreement to cut back production by 11 non-OPEC countries.
January crude oil contracts were at US$53.63 per barrel as North American stock markets opened up $2.13 from late Friday. Earlier, they traded as high as US$54.51 a barrel a level that h.... More »
London Calling: Another North American Pension Heads to the UK + MORE Sep 11th
The $112 billion Public Sector Pension Investment Board has become the latest Canadian pension fund to open a European office in London, appointing a former Permira deal maker to spearhead its private equity efforts in the region..... More »
Is rent out of reach? As more Americans become tenants, study shows how 11 big cities stack up
– canadianbusiness.com
NEW YORK, N.Y. – Renters are on the rise in America’s biggest cities, but many tenants are scrambling to keep up with growing rent bills and shrinking vacancies, according to a study being released Thursday.
From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University’s Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research.
While various housing experts have noted such trends, the study zooms in on 11 of the nation’s most populous cities. Overall, it’s a portrait of increasing competition and often slipping affordability, but the picture isn’t universally bleak and looks noticeably different from city to city.
“The study brings into light the limited options there are for renters,” Capital One community finance chief Laura Bailey says.
A look at the findings:
___
THE CITIES
The study analyzed U…
From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University’s Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research.
While various housing experts have noted such trends, the study zooms in on 11 of the nation’s most populous cities. Overall, it’s a portrait of increasing competition and often slipping affordability, but the picture isn’t universally bleak and looks noticeably different from city to city.
“The study brings into light the limited options there are for renters,” Capital One community finance chief Laura Bailey says.
A look at the findings:
___
THE CITIES
The study analyzed U…
Eataly eyes Toronto for its first Canadian location
– theglobeandmail.com
Adam Saper, managing partner and chief financial officer at Eataly’s U.S. unit, confirmed the company has teamed with Canada’s Weston family business
Key numbers from a government report to Congress on the status of US education
– canadianbusiness.com
WASHINGTON – The American education landscape is shifting.
More U.S. school-age kids live in poverty and need English-language services, according to a report released Thursday by the National Center for Education Statistics.
Enrollment in public schools is up, including in charter schools that have grown in popularity. At the same time, smaller numbers of children attend private schools.
Fewer students are dropping out of high school.
And, while more undergraduate students seek financial aid to obtain a four-year degree, college graduates continue to earn more than their peers.
Here’s a by-the-numbers look from the report:
___
1 in 5: Proportion of school-age kids living in poverty in 2013, compared with 1 in 7 in 2000.
___
65: Percentage of 3- to 5-year-olds enrolled in preschool in 2013 — about the same as a year earlier.
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49.8 million: Number of students enrolled in public schools in 2012-13, up from 49.5 million a year earlier.
___
2.3 million: Number of students in 2012-13 attending charter schools, compared with 2…
More U.S. school-age kids live in poverty and need English-language services, according to a report released Thursday by the National Center for Education Statistics.
Enrollment in public schools is up, including in charter schools that have grown in popularity. At the same time, smaller numbers of children attend private schools.
Fewer students are dropping out of high school.
And, while more undergraduate students seek financial aid to obtain a four-year degree, college graduates continue to earn more than their peers.
Here’s a by-the-numbers look from the report:
___
1 in 5: Proportion of school-age kids living in poverty in 2013, compared with 1 in 7 in 2000.
___
65: Percentage of 3- to 5-year-olds enrolled in preschool in 2013 — about the same as a year earlier.
___
49.8 million: Number of students enrolled in public schools in 2012-13, up from 49.5 million a year earlier.
___
2.3 million: Number of students in 2012-13 attending charter schools, compared with 2…
Norway’s $900 billion oil fund to slash coal investments
– canadianbusiness.com
STOCKHOLM – Norway’s parliamentary parties have agreed that the country’s $900 billion sovereign wealth fund should stop investing in coal companies because of their impact on climate change.
Under new rules to be presented by Parliament’s finance committee on Thursday, the fund — also known as the oil fund — would exclude companies that get at least 30 per cent of their revenue from mining coal or burning it.
The move is expected to be formally approved by the full Parliament on June 5 because both government and opposition parties are behind it.
“Investments in coal companies can have both a climate risk and a future financial risk,” said Svein Flaatten of the governing Conservative party.
The move was welcomed by environmentalists who have estimated the fund’s coal holdings at about $11 billion. It wasn’t immediately clear how much of those investments would be affected.
“We expect that billions of euros will be withdrawn from the coal industry, when this happens,” said Truls Gulowsen from Greenpeace…
Under new rules to be presented by Parliament’s finance committee on Thursday, the fund — also known as the oil fund — would exclude companies that get at least 30 per cent of their revenue from mining coal or burning it.
The move is expected to be formally approved by the full Parliament on June 5 because both government and opposition parties are behind it.
“Investments in coal companies can have both a climate risk and a future financial risk,” said Svein Flaatten of the governing Conservative party.
The move was welcomed by environmentalists who have estimated the fund’s coal holdings at about $11 billion. It wasn’t immediately clear how much of those investments would be affected.
“We expect that billions of euros will be withdrawn from the coal industry, when this happens,” said Truls Gulowsen from Greenpeace…
