Weekend Reading – Rich couples, frugalista, let’s get blunt, dogs are optional and more + MORE Sep 11th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Sierra Space making IPO plans as it unveils Dream Chaser spaceplane - National Post + MORE Feb 2nd

Sierra Space making IPO plans as it unveils Dream Chaser spaceplane  National PostShake, rattle and launch: Dream Chaser spaceplane passes vibration test  Phys.orgNASA, Sierra Space Invite Media to See Spaceplane for Cargo Missions  NASA.... More »

Selling a cottage to a family member: What that means for capital gains Jul 18th

AskMoneySense I shared a cottage property with my brother. I sold my half to my half to my niece. Do I have to pay capital gains tax? If so, how do you calculate this? How do you determine the adjusted cost base? What expenses can be applied? —Terry What happens when you sell your cottage t.... More »

$4.6-billion power station to supply data centre near Edmonton gets green light - Financial Post Jul 2nd

$4.6-billion power station to supply data centre near Edmonton gets green light  Financial PostCounty north of Edmonton approved to host energy generator for potential AI data centre  CTV NewsPembina, partners go ahead with gas plant for data centre north of Edmonton  C.... More »

Iran unveils upgraded oil contract model, hoping for investment after sanctions are lifted Nov 28th

TEHRAN, Iran – Iran unveiled a new model of oil contracts Saturday aimed at attracting foreign investment once sanctions are lifted under a landmark nuclear deal reached earlier this year, and said U.S. companies would be welcome to participate. The new Iran Petroleum Contract replaces a previ.... More »
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Sears and Kmart remove some Trump products online + MORE Feb 13th

Sears and Kmart have evicted “a very small number” of Trump-branded items from their online stores, but won’t specify how many and emphasize that hundreds of products are still available through their third-party online marketplaces. It’s another sign of how companies are try.... More »
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Welcome to some fine Weekend Reading friends.  Seems like the 40 Deg. C heat (with humidity) in Ottawa is now over for the summer but some good weather will remain I think for weeks to come.  Hopefully the weather and other things are just as pleasant in your part of the world.  Earlier this week I shared this retirement essay from a fan of my site, who is really enjoying retirement in style, and I shared my latest dividend income update on our long road to financial freedom.
Enjoy these articles from the week that was and I’ll be back next week with a review of a book I’ve been meaning to write about for some time.
All the best!
The Globe and Mail shared the story of this couple, aged 57 and 60, with over $2 million in assets and about $250,000 in mortgage liabilities.  Should this couple dig away at the mortgage and retire or grow their RRSPs?  If we were in that position killing debt and retiring at age 60 (or sooner) is easily our answer…

Continue Reading On myownadvisor.ca »

Refugee sponsorship can be a long, complex process – here’s how it works

– theglobeandmail.com/globe-investor/personal-finance/rob-carrick/

Finding a group of people to commit to the financial and other responsibilities of private sponsorship is just the start

Continue Reading On theglobeandmail.com/globe-investor/personal-finance/rob-carrick/ »

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