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Rethinking rentership: How to get ahead financially while renting Oct 26th
Getting ahead financially while renting may be your new, realistic, goal. Considering that for roughly three-quarters of Canadians, owning property has become virtually unattainable, the concept that homeownership is the marker of financial success might need an update. We’ve all read about it in .... More »
Why it's a good idea to review your financial plan at least once a year Dec 24th
January is often a good time to conduct a budget review because you'll have the benefit of the full year's receipts and expenses, financial planner says.... More »
Financial Times says parent company Pearson in talks to sell its stake in Economist Group + MORE Jul 25th
LONDON – The Financial Times reports that its parent company, Pearson PLC, is in talks to sell its 50 per cent stake in the Economist magazine.
The report says the talks involve other shareholders in the Economist Group.
The FT said Saturday its report is based on people familiar with the nego.... More »
Making sense of the markets this week: October 13, 2024 + MORE Oct 11th
Michael McCullough is a contributing editor to MoneySense and a financial writer and editor in Duncan, B.C.
Canadian Natural Resources doubles down on Canada
For a decade now, big acquisitions by Canadian oil-and-gas producers have mostly been met with distaste by investors. So we’ll take it.... More »
Cogeco targets low-data users with new Canadian mobile service + MORE Jul 16th
Cogeco Inc. has launched its long-awaited wireless service in Canada, saying it plans to compete with other carriers in the market by targeting “low-to-mid data users.” The Montreal-based telecommunications company said it has already signed up an initial cohort of customers on the new mobile se.... More »
Canadian Natural Resources Ltd. announced its senior management would be taking an across the board pay cut of 10 per cent in the face of low oil prices, but Canada’s largest oilsands company nonetheless raised its dividend and saw its profit almost triple.
It’s a buyers market for luxury homes in Calgary
– moneysense.ca
(Ivan Hunter/Getty Images)TORONTO – Sotheby’s International Realty says a contraction in Alberta’s economy will cause sales of high-end homes in Calgary to slip this spring, creating opportunities for deal-hungry buyers.
Meanwhile, sales of homes worth $1 million or more in Toronto and Vancouver are expected to accelerate heading in to the key spring selling season, thanks to the positive economic outlook for both regions.
The realtor says the disparity stems from the fact that lower oil prices will have varying impacts on different provinces, with Ontario and British Columbia set to benefit and Alberta expected to suffer.
Sotheby’s president and CEO Ross McCredie says that after five years of growth, sales in Calgary’s high-end real estate market are already beginning to slow.
The average price of a high-end home in Calgary has come down about four per cent from 2014 highs.
McCredie says buyers in the higher-end real estate market tend to react to economic changes more quickly than regular buyers…
3.5 year – 2.30%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
US stocks edge up, European markets gain after ECB upgrades outlook and unveils stimulus
– canadianbusiness.com
NEW YORK, N.Y. – U.S. stocks are edging higher in midday trading, breaking a two-day losing streak, as investors were encouraged by positive earnings news.
Supermarket operator Kroger jumped 5 per cent Thursday after reporting income that was ahead of what analysts were looking for. Costco rose 2 per cent after its earnings beat estimates.
The Dow Jones industrial average rose 43 points, or 0.2 per cent, to 18,141 as of 11:45 a.m. Eastern time.
The Standard & Poor’s 500 index gained three points, also 0.2 per cent, to 2,102. The Nasdaq composite rose 19 points, or 0.4 per cent, to 4,986.
European stocks rose after the European Central Bank upgraded its growth forecast and said its bond-buying stimulus program would start on Monday.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.13 per cent.
The post US stocks edge up, European markets gain after ECB upgrades outlook and unveils stimulus appeared first on Canadian Business.
Supermarket operator Kroger jumped 5 per cent Thursday after reporting income that was ahead of what analysts were looking for. Costco rose 2 per cent after its earnings beat estimates.
The Dow Jones industrial average rose 43 points, or 0.2 per cent, to 18,141 as of 11:45 a.m. Eastern time.
The Standard & Poor’s 500 index gained three points, also 0.2 per cent, to 2,102. The Nasdaq composite rose 19 points, or 0.4 per cent, to 4,986.
European stocks rose after the European Central Bank upgraded its growth forecast and said its bond-buying stimulus program would start on Monday.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.13 per cent.
The post US stocks edge up, European markets gain after ECB upgrades outlook and unveils stimulus appeared first on Canadian Business.
