How to go about securing the best Retirement Plan in Canada.
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Close to retirement? Don’t panic, say financial experts Mar 23rd
If you are going to dip into your savings, do so in a planned way and track what you remove..... More »
CPP’s success may signal bigger pensions ahead: Mayers + MORE Apr 15th
In search of higher returns, the Canada Pension Plan is taking a little more risk, something it says can be done safely and prudently..... More »
Ways to “unlock” retirement savings in a LIRA + MORE Dec 7th
Q. When I retired at age 63, the financial institution that managed my DPSP account paid the company-contributed portion (approximately $30,000) into a LIRA.
Given all the constraints related to drawing down a LIRA/LIF, I am now 65, living in BC, and have two questions:
Since I was already at re.... More »
Stock news: Canada’s big banks raise dividends after strong Q2 earnings May 30th
Here’s a round-up of news for Canadian investors this week.
BMO
National Bank
Scotiabank
CIBC
TD Bank
RBC
Featured RRSP Accounts
featured
EQ Bank
Build your retirement.... More »
WestJet vote 62 per cent in favour of forming the airline’s first union + MORE May 13th
The Air Line Pilots Association, International says more than 1,400 WestJet pilots have voted 62 per cent in favour of forming the first union at Canada’s second-largest airline.
The vote makes the ALPA, which bills itself as the world’s largest pilot union representing 55,000 pilots, th.... More »
How to Talk About Retirement Planning so your Adult Children will Listen
– rhondasherwood.com
Retirement is not just something that applies to seniors. It may not be a priority for people aged 18-34, it is not too early for them to be thinking about it for their future. People in this age group will be living longer, healthier lives. Proper planning is essential if they will be living for 20, 30, or even 40 years of life in retirement. When talking to your adult children about retirement, here are some ideas you may want to share to make the idea of retirement and retirement planning relevant for them now.
Retirement has Changed
The retirement rules for young people have changed. Thirty, 40 or 50 years ago, people didn’t have to put a much though into retirement planning. Between the company pension and government benefits, cash flow was taken care of, and it was not something that individuals had to take personal responsibility for.
Then, Canada Savings Bonds (CSBs), Guaranteed Investments , Certificates (GICs) or regular savings accounts could all be counted on to provide a decent rate of interest…
Bombardier Inc. said on Thursday that Quebec’s public pension fund manager is buying a 30% stake in its rail arm for US$1.5 billion, putting the company on stronger financial footing as it pushes to launch its long-delayed CSeries jet.
Bombardier rail unit may get back on track with Caisse deal
– theglobeandmail.com
Quebec pension fund makes $1.5-billion (U.S.) in division to be overseen by newly created board
Forcing Green Politics on Pension Funds
– online.wsj.com
Obama’s Labor Department wants retirement portfolios to divest their fossil-fuel holdings.Executive with Quebec pension fund manager suspended after child porn charges
– canadianbusiness.com
MONTREAL – A vice-president with Quebec’s pension fund manager has been charged with possessing, distributing and accessing child pornography.
Robert Cote is a vice-president of legal affairs at the Caisse de depot et placement du Quebec and has been suspended with pay.
He was released on bail Thursday by a judge following his arraignment.
According to court documents, the charges of distributing child pornography are related to incidents that allegedly occurred between last January and March.
The two other charges — accessing and possessing pornography — are in connection with events alleged to have occurred between 1997 and 2015.
Jean-Benoit Houde, a Caisse spokesman, says a lawyer for the 52-year-old Cote was advised of the suspension while it conducts an internal investigation.
The post Executive with Quebec pension fund manager suspended after child porn charges appeared first on Canadian Business – Your Source For Business News.
Robert Cote is a vice-president of legal affairs at the Caisse de depot et placement du Quebec and has been suspended with pay.
He was released on bail Thursday by a judge following his arraignment.
According to court documents, the charges of distributing child pornography are related to incidents that allegedly occurred between last January and March.
The two other charges — accessing and possessing pornography — are in connection with events alleged to have occurred between 1997 and 2015.
Jean-Benoit Houde, a Caisse spokesman, says a lawyer for the 52-year-old Cote was advised of the suspension while it conducts an internal investigation.
The post Executive with Quebec pension fund manager suspended after child porn charges appeared first on Canadian Business – Your Source For Business News.
