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RESPs 101: The RESP withdrawal rules + MORE Aug 16th
With a new school year here and academic fees due soon, you might be budgeting for the next eight months and planning a withdrawal from your registered education savings plan (RESP). While an RESP is the best way to save for just about any post-secondary education—more on that shortly—there are .... More »
Carlos Ghosn speaks after fleeing financial misconduct charges in Japan | LIVE - Jan 8th
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Why “unretirement” may be the fate of so many Canadians Mar 13th
The idea of “unretirement” seems to be making a comeback as more Canadians find themselves under economic stress. Even before the tariff threats emerged under Trump 2.0, seniors and near-retirees were finding the economic uncertainty and rising cost of living becoming uncomfortable. No surprise .... More »
Crown abandons theft retrial in Bridle Path real estate partnership gone wrong — ‘One billion, here we come’ Apr 5th
“One billion, here we come,” Toronto “Diet Doctor” Stanley Bernstein wrote to his business partner in 2013 — before their partnership fell apart..... More »
What is a cashable GIC? Dec 21st
Canadian investors have been struggling with high inflation for a couple of years now. In an attempt to cool inflation down, the Bank of Canada (BoC) continues to keep interest rates high. As a result, the interest rates available for guaranteed investment certificates (GICs) look to be pretty attra.... More »
Iraq's Sadr may extend sit-in to demand reforms – Al-Arabiya
– news.google.ca
Al-ArabiyaIraq's Sadr may extend sit-in to demand reformsAl-ArabiyaSupporters of prominent Iraqi Shi'ite cleric Moqtada al-Sadr shout slogans during a protest against government corruption, in the streets outside Baghdad's heavily fortified Green Zone in Iraq March 25, 2016. (Reuters). Reuters, Baghdad Saturday, 26 …UN chief presses Iraq on national reconciliation to defeat Islamic StateYnetnewsUN chief to help Iraq overcome financial crisis, fight ISXinhuaIn Baghdad, UN chief underlines extreme concern about 'enormous' challenges Iraq facesBig News Network.comMuscat Daily -STRATFOR -Al-Bawaba -Sputnik Internationalall 37 news articles »
Fewer Canadian snowbirds buying Southern California homes
– canadianbusiness.com
PALM SPRINGS, Calif. – Real estate experts in California’s sunny Coachella Valley say Canadians are no longer flocking to the region to buy homes since their currency has weakened.
The Desert-Sun reports (http://desert.sn/1RCkkPj ) that some Canadian homeowners in the area around Palm Springs are putting properties they own up for sale.
The move coincides with a decline in the Canadian dollar since oil prices plummeted.
After the U.S. housing market crashed in 2007, the Canadian dollar achieved parity with the U.S. dollar, prompting many Canadians to swoop up properties in the region.
Local real estate agent David Emerson says Canadians made up at least 15 per cent of homebuyers in the Coachella Valley even as the U.S. economy recovered.
Realtor Kelly Trembley says area real estate has slumped since Canadians largely stopped buying homes.
___
Information from: The Desert Sun, http://www.mydesert.com/
The post Fewer Canadian snowbirds buying Southern California homes appeared first on Canadian Business – Your Source For Business News.
The Desert-Sun reports (http://desert.sn/1RCkkPj ) that some Canadian homeowners in the area around Palm Springs are putting properties they own up for sale.
The move coincides with a decline in the Canadian dollar since oil prices plummeted.
After the U.S. housing market crashed in 2007, the Canadian dollar achieved parity with the U.S. dollar, prompting many Canadians to swoop up properties in the region.
Local real estate agent David Emerson says Canadians made up at least 15 per cent of homebuyers in the Coachella Valley even as the U.S. economy recovered.
Realtor Kelly Trembley says area real estate has slumped since Canadians largely stopped buying homes.
___
Information from: The Desert Sun, http://www.mydesert.com/
The post Fewer Canadian snowbirds buying Southern California homes appeared first on Canadian Business – Your Source For Business News.
The federal budget's overflowing with risk – Toronto Sun
– news.google.ca
Toronto SunThe federal budget's overflowing with riskToronto SunOn federal budget day, those of us that work in the financial service industry are busy. We tear into the budget document looking for major changes in tax policy, estimates for GDP growth, sector handouts and provincial support. Within hours of the …Unbalanced budget: Does it show 'prudence' or a 'nightmare scenario'?CBC.caCanada's Trudeau looks to spend his way to prosperityThe Desert SunThe first Liberal budgetToronto StarRegina Leader-Post -The Globe and Mail -Macleans.ca -National Postall 88 news articles »
