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Gabriela has saved a ton of money living with her parents. Is the time right to buy or rent? Jun 4th
If Gabriela could continue living with her parents a bit longer, advises financial expert Jason Heath, that would add up to nearly $20,000 a year more to saving for a down payment..... More »
Year end tax tips and financial housekeeping + MORE Dec 13th
Save, invest, prosper with My Own Advisor.
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Geez, right around the corner isn’t it?
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Two ways to lower risk in your investment portfolio with ETFs Nov 8th
With U.S. equity indices like the S&P 500 hitting all-time highs repeatedly this year, the investment atmosphere is charged, especially post the recent U.S. presidential election. The victory by Donald Trump has injected volatility into the markets, given the uncertainty of what his administrati.... More »
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Canadian Tire reports sales up from year ago, raises quarterly dividend + MORE Nov 9th
The company’s third-quarter earnings rise to $176.6-million, from $176.4-million, a year earlier
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Authorities close German unit of Canada’s Maple Financial
– canadianbusiness.com
BERLIN – German authorities have ordered the closure of Maple Bank after the Canadian-owned company was investigated for alleged tax evasion and money laundering.
Maple Bank, based in Frankfurt, Germany, is part of Canada’s Maple Financial Group.
The Federal Financial Supervisory Authority said Sunday that it has forbidden Maple Bank from making payments or selling assets “due to impending financial over-indebtedness.” The watchdog, known as Bafin, also banned the bank from taking customer payments other than those made to repay debts.
It says the bank, with assets of 5 billion euros ($5.58 billion) and liabilities of around 2.6 billion euros ($2.9 billion), will have to put aside funds to cover tax payments.
Authorities launched a tax probe of Maple Bank last September.
The post Authorities close German unit of Canada’s Maple Financial appeared first on Canadian Business – Your Source For Business News.
Maple Bank, based in Frankfurt, Germany, is part of Canada’s Maple Financial Group.
The Federal Financial Supervisory Authority said Sunday that it has forbidden Maple Bank from making payments or selling assets “due to impending financial over-indebtedness.” The watchdog, known as Bafin, also banned the bank from taking customer payments other than those made to repay debts.
It says the bank, with assets of 5 billion euros ($5.58 billion) and liabilities of around 2.6 billion euros ($2.9 billion), will have to put aside funds to cover tax payments.
Authorities launched a tax probe of Maple Bank last September.
The post Authorities close German unit of Canada’s Maple Financial appeared first on Canadian Business – Your Source For Business News.
Jordan: Promised trade perks will help employ Syria refugees
– canadianbusiness.com
AMMAN, Jordan – Jordan’s planning minister says his country has been promised easier trade terms by the international community, potentially generating large-scale investment and “hundreds of thousands of job opportunities.”
Imad Fakhoury told reporters Sunday that creating jobs for Jordanians is a priority, but that the trade commitments could also put 200,000 Syrian refugees to work.
Fakhoury spoke after last week’s Syria aid conference, where donors pledged more than $10 billion, including aid to 4.6 million refugees and their regional hosts, such as Jordan.
Donor countries struggling with a large refugee influx over the past year hope to improve the lives of the displaced and keep them in the region.
Fakhoury says that in addition to trade perks, Jordan will also receive billions of dollars in grants and easy loans in coming years.
The post Jordan: Promised trade perks will help employ Syria refugees appeared first on Canadian Business – Your Source For Business News.
Imad Fakhoury told reporters Sunday that creating jobs for Jordanians is a priority, but that the trade commitments could also put 200,000 Syrian refugees to work.
Fakhoury spoke after last week’s Syria aid conference, where donors pledged more than $10 billion, including aid to 4.6 million refugees and their regional hosts, such as Jordan.
Donor countries struggling with a large refugee influx over the past year hope to improve the lives of the displaced and keep them in the region.
Fakhoury says that in addition to trade perks, Jordan will also receive billions of dollars in grants and easy loans in coming years.
The post Jordan: Promised trade perks will help employ Syria refugees appeared first on Canadian Business – Your Source For Business News.
Top Canadian dividend stocks to buy now
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
For a few years now, I’ve been a fan of and investor in Canadian dividend paying stocks. Although dividend investing is not without some risks, I believe (long-term) that holding a diverse basket of Canadian companies that consistently rewards shareholders via dividend payments can be a healthy way to grow your portfolio. Readers of the TSI Network feel the same. The Successful Investor newsletter routinely covers some analysis for Canadian stocks for long-term investment plays.
For today’s post, I thought I would highlight some of the stocks I found in The Successful Investor newsletter, and provide my own commentary on them.
TELUS CORP. $40 price as of December 2015 (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; www.telus.com)
Telus plans to launch several new cloud computing services that will use Microsoft’s cloud software and Internet equipment from Cisco Systems. The company aims to work closely with its clients to develop cloud-based systems that are secure, fast and easily expandable…
For a few years now, I’ve been a fan of and investor in Canadian dividend paying stocks. Although dividend investing is not without some risks, I believe (long-term) that holding a diverse basket of Canadian companies that consistently rewards shareholders via dividend payments can be a healthy way to grow your portfolio. Readers of the TSI Network feel the same. The Successful Investor newsletter routinely covers some analysis for Canadian stocks for long-term investment plays.
For today’s post, I thought I would highlight some of the stocks I found in The Successful Investor newsletter, and provide my own commentary on them.
TELUS CORP. $40 price as of December 2015 (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; www.telus.com)
Telus plans to launch several new cloud computing services that will use Microsoft’s cloud software and Internet equipment from Cisco Systems. The company aims to work closely with its clients to develop cloud-based systems that are secure, fast and easily expandable…
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch this week in Canadian business:
Bank of Canada: Deputy governor Timothy Lane will give a speech at HEC Montreal on monetary policy and financial stability on Monday. The central bank held the line on its key interest rate last month, but the decision was a close call.
Power of the force: Movie theatre chain Cineplex Inc. reports fourth-quarter results on Tuesday. Investors will have a chance to see just how much the release of “Star Wars: The Force Awakens” was able to boost the company’s box-office and concession sales.
CPP Investment Board: The big pension fund manager will report is results for the final three months of 2015 on Wednesday. Money managers have faced a difficult time as stock markets have been on a rocky ride.
Earnings: Some of Canada’s biggest companies are set to report their latest quarterly results. Sun Life reports Wednesday, followed by Manulife, Great-West Lifeco, Molson Coors, Thomson Reuters, TransCanada, Telus, Teck Resources and Interfor on Thursday…
Bank of Canada: Deputy governor Timothy Lane will give a speech at HEC Montreal on monetary policy and financial stability on Monday. The central bank held the line on its key interest rate last month, but the decision was a close call.
Power of the force: Movie theatre chain Cineplex Inc. reports fourth-quarter results on Tuesday. Investors will have a chance to see just how much the release of “Star Wars: The Force Awakens” was able to boost the company’s box-office and concession sales.
CPP Investment Board: The big pension fund manager will report is results for the final three months of 2015 on Wednesday. Money managers have faced a difficult time as stock markets have been on a rocky ride.
Earnings: Some of Canada’s biggest companies are set to report their latest quarterly results. Sun Life reports Wednesday, followed by Manulife, Great-West Lifeco, Molson Coors, Thomson Reuters, TransCanada, Telus, Teck Resources and Interfor on Thursday…
