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Benefits of The 6-Pack Portfolio – Review and Giveaway + MORE May 14th
Save, invest, prosper with My Own Advisor.
Benefits of The 6-Pack Portfolio – Review and Giveaway Long-time fans of this site will know I love investing using a basket of dividend paying stocks for many reasons. I mean, who doesn’t like rising income over time? In recent weeks I earned a 3.9% .... More »
Pandemic financial habits that are worth keeping when this is all over + MORE May 4th
From carefully monitoring your cash flow to building emergency funds, new ways of managing your money will be crucial going forward..... More »
Should Chris top up his RRSP or his TFSA now that he’s retiring at 60? + MORE Feb 19th
(Flickr)
Q. I’m a 60-year-old retired school teacher as of this past July 2017. I have $44,000 in unused RRSP contribution room. Should I max out my contribution room on my 2017 taxes? Or just stick to topping up my TFSA? Thanks, Chris
Hi Chris. Thanks for the question. Please note that RRSP only.... More »
“Cash flow is oxygen”: Financial wisdom from SmartSweets founder Tara Bosch + MORE Feb 27th
Tara Bosch didn’t just build a candy company, she built a global brand with purpose. The founder of SmartSweets challenged the status quo, scaling the business from her kitchen to international shelves, appearing on Dragons’ Den, and then selling it in 2020 for $360 million—all before the age .... More »
Rental income and taxes: What’s new for Canadian property owners in 2025 + MORE Apr 14th
Canadians love their real estate and they love renting their properties to make some extra money. However, that comes with some tax audit risk and the need to stay in the know of current tax law. Here’s what you should be thinking about for your 2024 and 2025 income taxes, as well as the forms you.... More »
Greece’s place in the euro currency bloc looked increasingly shaky on Saturday after eurozone nations rejected a month-long extension to its bailout program and the prime minister called for a risky popular vote on the country’s financial future.
Protest over petrochemical plant stymied in central Shanghai, China’s financial hub
– canadianbusiness.com
SHANGHAI – Authorities in China’s financial hub Shanghai are trying to prevent an environmental protest outside the city government by deploying heavy police force and hauling away demonstrators.
More Chinese are taking to the streets to oppose petrochemical projects that they believe are harmful.
In this latest case, thousands of residents in the Shanghai suburban district of Jinshan have been protesting outside the district government this week following a rumour that a petrochemical plant could move into their neighbourhood. Shanghai authorities have dismissed it as untrue.
Still skeptical, the residents planned to protest outside the municipal government in central Shanghai on Saturday, but the venue has been heavily guarded by police.
At least two protesters have been detained and more are being sent back home.
The post Protest over petrochemical plant stymied in central Shanghai, China’s financial hub appeared first on Canadian Business – Your Source For Business News.
More Chinese are taking to the streets to oppose petrochemical projects that they believe are harmful.
In this latest case, thousands of residents in the Shanghai suburban district of Jinshan have been protesting outside the district government this week following a rumour that a petrochemical plant could move into their neighbourhood. Shanghai authorities have dismissed it as untrue.
Still skeptical, the residents planned to protest outside the municipal government in central Shanghai on Saturday, but the venue has been heavily guarded by police.
At least two protesters have been detained and more are being sent back home.
The post Protest over petrochemical plant stymied in central Shanghai, China’s financial hub appeared first on Canadian Business – Your Source For Business News.
Greeks called upon to vote on bailout proposal; eurozone ministers gather to discuss situation
– canadianbusiness.com
ATHENS, Greece – Anxiety over Greece’s future swelled on Saturday, with people queuing outside banks to withdraw cash, after Prime Minister Alexis Tsipras’ call to have the people vote on a proposed bailout deal increases the risks that the country might fall out of the euro.
The call for a vote radically raises the stakes in a standoff between Greece and its creditors over the terms for more financial support to the country. Greece’s bailout program expires on Tuesday, after which it is unclear whether its banks would be able to avoid collapse.
The Greek Parliament is due to debate and vote at midnight Saturday on the government’s request for a referendum as finance ministers from the 19 euro countries, Greece’s main creditors, were gathering to discuss the situation in Brussels.
About 50 people, most visibly anxious, were waiting early in the morning outside a Piraeus Bank branch in central Athens, one of very few that opens on Saturdays, before they found out it wouldn’t be opening after all…
The call for a vote radically raises the stakes in a standoff between Greece and its creditors over the terms for more financial support to the country. Greece’s bailout program expires on Tuesday, after which it is unclear whether its banks would be able to avoid collapse.
The Greek Parliament is due to debate and vote at midnight Saturday on the government’s request for a referendum as finance ministers from the 19 euro countries, Greece’s main creditors, were gathering to discuss the situation in Brussels.
About 50 people, most visibly anxious, were waiting early in the morning outside a Piraeus Bank branch in central Athens, one of very few that opens on Saturdays, before they found out it wouldn’t be opening after all…
China cuts interest rates for 4th time, eases lending to small biz, to boost sluggish economy
– canadianbusiness.com
BEIJING, China – China’s central bank has announced the fourth recent round of interest cuts and lower reserve requirement ratios for small businesses, as Beijing tries to shore up the country’s sluggish economy.
The People’s Bank of China said Saturday that it would cut the rate on a one-year loan by commercial banks by 0.25 percentage point to 4.85 per cent. The interest rate paid on a one-year deposit was lowered by 0.25 point to 2 per cent.
Rates were cut on Nov. 22, March 1 and then May 11. The new rates take effect Sunday.
The central bank also says the reserve requirement ratios to small businesses would be lowered by 50 points, a move that would boost lending.
Economic growth has slowed in China, and its stock markets plunged Friday.
The post China cuts interest rates for 4th time, eases lending to small biz, to boost sluggish economy appeared first on Canadian Business – Your Source For Business News.
The People’s Bank of China said Saturday that it would cut the rate on a one-year loan by commercial banks by 0.25 percentage point to 4.85 per cent. The interest rate paid on a one-year deposit was lowered by 0.25 point to 2 per cent.
Rates were cut on Nov. 22, March 1 and then May 11. The new rates take effect Sunday.
The central bank also says the reserve requirement ratios to small businesses would be lowered by 50 points, a move that would boost lending.
Economic growth has slowed in China, and its stock markets plunged Friday.
The post China cuts interest rates for 4th time, eases lending to small biz, to boost sluggish economy appeared first on Canadian Business – Your Source For Business News.
