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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Car recalls and real estate secrets: CBC's Marketplace consumer cheat sheet Dec 11th
If you've been too busy this week to keep up with health and consumer news, CBC's Marketplace is here to help..... More »
Aphria wrestles with hostile takeover bid by Ohio-based company - Windsor Star Dec 29th
Aphria wrestles with hostile takeover bid by Ohio-based company Windsor StarAphria takeover offer raises questions about suitor's independence The Globe and MailAphria says hostile bid from Green Growth undervalues cannabis company's stock CTV NewsAphria suggests hos.... More »
How to Make Your Office More Sustainable Feb 14th
If the walls of Avison Young’s new Edmonton headquarters could talk, they might want to brag about their new threads. To up its sustainability factor, the real estate firm has insulated its new office with recycled denim jeans—210 pairs to be exact, mechanically separated and formed into batts, .... More »
Brexit's toll: UK economy at weakest since financial crisis Feb 11th
Amid mounting uncertainty over Brexit, the British economy slowed last year to its weakest growth rate since the aftermath of the global financial crisis..... More »
Ms. Money and Math adds up the good advice and subtracts the bad + MORE Apr 1st
Math is taught in school, but finances? Not so much. Michelle Robertson is good at math, especially accounting. She became a Canadian Chartered Professional Accountant and has worked for PwC, the Globe and Mail and the PanAm Games. But she admits she “lived beyond” her means, “paycheque to pay.... More »
Spain tells VW subsidiary SEAT to return subsidies given to produce clean efficient cars
– canadianbusiness.com
MADRID – The Spanish government will require the Volkswagen subsidiary SEAT to return subsidies it had received to produce “efficient vehicles,” a top minister said Saturday.
Jose Manuel Soria, the minister of industry, energy and tourism, said he expected SEAT to tell his ministry how many vehicles it had produced and sold containing software that cheats on diesel engine emissions tests. He did not give a figure for the amount of money he expected SEAT to return.
Soria said the Volkswagen Group has given its assurances that it would maintain its investments in Spain and that the emissions scandal would “not affect the activity or employment” there.
In a statement Saturday, SEAT said it was appointing Luca de Meo as its new CEO and that Volkswagen Group’s confidence was shown by its investment of 3.3 billion euros ($3.7 billion) for research-and-development facilities in Spain.
Volkswagen has admitted installing defeat devices on diesel engines that switch on pollution controls when the cars are being tested but turn them off when the cars are back on the road…
Jose Manuel Soria, the minister of industry, energy and tourism, said he expected SEAT to tell his ministry how many vehicles it had produced and sold containing software that cheats on diesel engine emissions tests. He did not give a figure for the amount of money he expected SEAT to return.
Soria said the Volkswagen Group has given its assurances that it would maintain its investments in Spain and that the emissions scandal would “not affect the activity or employment” there.
In a statement Saturday, SEAT said it was appointing Luca de Meo as its new CEO and that Volkswagen Group’s confidence was shown by its investment of 3.3 billion euros ($3.7 billion) for research-and-development facilities in Spain.
Volkswagen has admitted installing defeat devices on diesel engines that switch on pollution controls when the cars are being tested but turn them off when the cars are back on the road…
The Liberals show their work
– macleans.ca
ShutterstockNot counting explanatory notes, the Liberal party’s “fiscal plan and costing” includes 15 tables which are comprised of some 314 numbers, some of them big ($1.675 billion for public transit infrastructure), some of them small ($5 million to enhance the flexibility of the RRSP Home Buyer’s Plan). Generously, the Liberals have left you, the voter, a full three weeks to complete the actuarial analysis and comparison you’ve no doubt been waiting to complete since this campaign began so many days ago.
The Liberals presented this as a “credible plan” for “investment” and “real, immediate change.” If they are lucky, it will at least be “a document that does not include a glaring and consequential error of math.”
The platform costing is a requirement of the modern political campaign. The more detailed, the better. Though the more detailed, the more likely that one of the details will be challenged. In this regard, the patron saint of platform costing is poor Tim Hudak, the former leader of the Ontario Progressive Conservatives whose “one-million jobs plan” turned out to be something rather less after economists discovered “an inexcusable and elementary mistake in mathematics…
