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Buying ETFs in Canada Tool: The MoneySense ETF Screener + MORE Oct 20th
If you’re researching ETFs to buy, you’ve come to the right place. Below you will see the tables for different ETF categories, offering ETF options from some of the best ETF providers in Canada. We’ve included some helpful ETF asset class, geography, provider, tickers, as well as one-year retu.... More »
Surviving the present, investing in the future: Gen Z’s financial balancing act Sep 13th
For Canada’s Gen Z, money is a mix of anxiety and opportunity. They’re the nation’s youngest workers, navigating rising living costs, heavy debt loads, and uncertain job markets. Many hustle to make ends meet—taking on gig work, cutting back on spending, and finding creative ways to save—w.... More »
“Why do I need a financial plan?” + MORE Jan 6th
Q. I am in my early 50s, have a steady job, I’m not a big spender, and I make RRSP contributions. Why would I need a financial plan? I don’t see how it could help me.
–Tom
A. To answer your question (and it’s a good one!), let’s think about why people get a plan, the benefits of having a p.... More »
Morgan Stanley slashes worst-case price for Tesla to just US$10 - BNNBloomberg.ca + MORE May 21st
Morgan Stanley slashes worst-case price for Tesla to just US$10 BNNBloomberg.caMorgan Stanley explains how Tesla could become a $10 stock Yahoo Canada FinanceTesla shares could drop to $10 in a worst-case scenario, Morgan Stanley says CNBCMorgan Stanley Slashes Worst.... More »
Thanksgiving teaches us some financial lessons that can apply all year round Oct 11th
Be generous with your time, money and your feast this holiday weekend as you give thanks for what you have while reflecting and hoping for better financial health in the months to come..... More »
VW faces daunting financial and technical challenges in fixing software that cheated tests
– canadianbusiness.com
DETROIT – Volkswagen faces daunting challenges in fixing software that enables cheating on diesel engine emissions tests, a task that’s becoming more urgent because of growing anger from customers.
The company has set aside $7.3 billion to pay for the scandal. But experts say it’s likely to cost much more as VW tries to comply with U.S. clean air regulations while appeasing diesel owners who paid extra for the cars, thinking they could help the environment without sacrificing performance.
“We understand that owners of the cars affected by the emissions compliance issues are upset,” VW said on a consumer website launched Sunday. The company asked for patience and said it would address the issue as fast as it can. A spokeswoman wouldn’t comment further.
But experts said VW will have to strike a careful balance to appease government regulators, make customers happy and avoid emptying the company cash box. A cheap remedy of software fixes likely would hurt performance and gas mileage, further antagonizing customers…
The company has set aside $7.3 billion to pay for the scandal. But experts say it’s likely to cost much more as VW tries to comply with U.S. clean air regulations while appeasing diesel owners who paid extra for the cars, thinking they could help the environment without sacrificing performance.
“We understand that owners of the cars affected by the emissions compliance issues are upset,” VW said on a consumer website launched Sunday. The company asked for patience and said it would address the issue as fast as it can. A spokeswoman wouldn’t comment further.
But experts said VW will have to strike a careful balance to appease government regulators, make customers happy and avoid emptying the company cash box. A cheap remedy of software fixes likely would hurt performance and gas mileage, further antagonizing customers…
Billionaire philanthropist-investor Richard Rainwater dies at 71
– canadianbusiness.com
FORT WORTH, Texas – Richard Rainwater, the son of a North Texas grocer who went on to amass a fortune as an investment manager before becoming a billionaire investor and philanthropist in his own right, has died, according to his charitable foundation. He was 71.
A statement issued by the Rainwater Charitable Foundation says Rainwater died Sunday morning at his Fort Worth, Texas, home after a long battle with a rare neurological disease. He had been battling progressive supranuclear palsy since 2009 and had pumped millions into a campaign to find a cure.
The president of Rainwater Inc. also confirmed the death.
Among Rainwater’s career achievements was conducting billionaire investor Sid Bass’ acquisition of a major stake in the Walt Disney Co. and partnering with future President George W. Bush in the 1989 purchase of the Texas Rangers baseball team.
The post Billionaire philanthropist-investor Richard Rainwater dies at 71 appeared first on Canadian Business – Your Source For Business News.
A statement issued by the Rainwater Charitable Foundation says Rainwater died Sunday morning at his Fort Worth, Texas, home after a long battle with a rare neurological disease. He had been battling progressive supranuclear palsy since 2009 and had pumped millions into a campaign to find a cure.
The president of Rainwater Inc. also confirmed the death.
Among Rainwater’s career achievements was conducting billionaire investor Sid Bass’ acquisition of a major stake in the Walt Disney Co. and partnering with future President George W. Bush in the 1989 purchase of the Texas Rangers baseball team.
The post Billionaire philanthropist-investor Richard Rainwater dies at 71 appeared first on Canadian Business – Your Source For Business News.
