How to go about securing the best return for your investment in Canada.
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Carney government proposal targets extinction protections for endangered killer whales off B.C. coast + MORE May 14th
The orcas have been affected by shipping traffic causing physical and acoustic disturbances, pollutants and declining food stock..... More »
Canadians now owe $1.71 for every dollar they have to spend, StatsCan says - CBC.ca + MORE Dec 11th
Canadians now owe $1.71 for every dollar they have to spend, StatsCan says CBC.caHousehold debt ratio rises to 170.7%, Statistics Canada says BNNHousehold debt ratio rises to 170.7 per cent: StatCan CP24 Toronto's Breaking NewsHousehold Debt Ratio in Canada Climbs on.... More »
Is this a good time to buy a home in Canada? + MORE Sep 11th
Before the Bank of Canada (BoC) began lowering its benchmark interest rate earlier this year, some analysts predicted that falling rates would spark a significant turnaround in the real estate market. But even after three consecutive rate cuts, that scenario hasn’t played out.
“Markets’ r.... More »
From the comments: 'Boy, do the rich ever look after themselves.' Readers disagree over Trump pardoning Conrad Black - The Globe and Mail + MORE May 16th
From the comments: 'Boy, do the rich ever look after themselves.' Readers disagree over Trump pardoning Conrad Black The Globe and MailTrump's Doral resort is in steep decline, report says CNNTrump to provide rare look of finances in disclosure report CTV NewsTrump's.... More »
Energy sector weighs on Canadian markets as oil drops below US$70 a barrel May 26th
Canada's main stock index continued to fall Friday as the price for oil moved below US$70 a barrel and further dragged down the important energy sector..... More »
The bizarre gap between the Canadian economy and stock market is widening by the day
– theglobeandmail.com
A confluence of forces has kept stocks from participating in the Canadian economic resurgence – none more potent than this year’s flare-up of the global oil glut
Why Home Capital shareholders should back Berkshire’s support
– theglobeandmail.com
If the majority of shareholders vote in favour of the second tranche investment and Berkshire Hathaway becomes a 38.4-per-cent shareholder, there are many long-term benefits to all involved in Home Capital
47% of workers living paycheque to paycheque
– moneysense.ca
TORONTO — A new survey by the Canadian Payroll Association suggests nearly half of workers are living paycheque to paycheque due to soaring spending and debt levels.
The poll found that 47 per cent of respondents said it would be difficult to meet their financial obligations if their paycheque was delayed by even a single week.
The survey, which polled 4,766 Canadian employees between June 27 and Aug. 5, also found that 35 per cent said they feel overwhelmed by their level of debt.
For the first time in the survey’s nine-year history, more respondents found mortgages on principal residences the most difficult debt to pay down, with 32 per cent of respondents selecting this option compared to 23 per cent who cited credit card debt.
Results from the poll indicate that the primary reason for increased debt is higher overall spending. Of the major reasons for increased spending, 32 per cent of respondents pointed to higher living expenses while 25 per cent mentioned unexpected expenses…
The poll found that 47 per cent of respondents said it would be difficult to meet their financial obligations if their paycheque was delayed by even a single week.
The survey, which polled 4,766 Canadian employees between June 27 and Aug. 5, also found that 35 per cent said they feel overwhelmed by their level of debt.
For the first time in the survey’s nine-year history, more respondents found mortgages on principal residences the most difficult debt to pay down, with 32 per cent of respondents selecting this option compared to 23 per cent who cited credit card debt.
Results from the poll indicate that the primary reason for increased debt is higher overall spending. Of the major reasons for increased spending, 32 per cent of respondents pointed to higher living expenses while 25 per cent mentioned unexpected expenses…
Dominic Barton’s bold ambitions for Canada’s economy
– canadianbusiness.com
Federal Finance Minister Bill Morneau and his Economic Advisory Council chair, Dominic Barton, at a press conference in October 2016. (Adrian Wyld/CP)Dominic Barton is all about scale. When the global managing partner of McKinsey & Co. gives a talk, he’s prone to showing audiences photographs of Chinese city skylines mushrooming, over what seem to be impossibly short time spans, from roughly Moncton to beyond Manhattan. Barton, a Canadian whose deep experience in Asia lifted him to the pinnacle of McKinsey’s far-flung consulting empire, has a knack for conveying how if you’re not going big, you just don’t get the 21st-century economy.
So when he was named last year by Finance Minister Bill Morneau to chair the federal government’s blue-chip Advisory Council on Economic Growth, nobody who knew him was surprised that Barton set goals of scaled-up ambition. The problem, he warned, is that Canada’s workforce is rapidly aging, while its companies are stuck in a low productivity gear, putting the country on track to generate only half of the annual growth in the next few decades that Canadians have come to expect over the past 50 years…
Canadian consumers can expect to feel some financial effects following the Bank of Canada’s decision to nudge up interest rates.
