The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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This 33-year-old analyst makes $100,000 a year including bonus. She paid off her student loans and wants to buy a home. Is now the right time? + MORE Jul 20th
Like many millennials, Anna’s main long-term goal is to save up for a down payment. Now, because of the pandemic, she’s looking to buy sooner than later because of the real estate market..... More »
China, US promise better protection for business secrets following annual trade meeting + MORE Nov 24th
BEIJING, China – U.S. and Chinese envoys have promised closer co-operation on protecting business secrets following two days of trade talks but gave no indication of progress toward a long-awaited investment treaty.
The two governments said Tuesday they also agreed to work more closely on food.... More »
What’s New with Bitcoin? Jul 3rd
Bitcoin Projections Skyrocketing
Those who routinely invest in Bitcoin or use the world’s most popular digital currency as a means for online transactions understand that it is being adopted like never before. More and more online retailers are warming to the idea of accepting Bitcoin as an even .... More »
Liberals have been better bet than Tories for stock investors - The Globe and Mail + MORE Oct 13th
The Globe and MailLiberals have been better bet than Tories for stock investorsThe Globe and MailIf history is any guide, a win by Justin Trudeau and the Liberals in next week's election bodes well for Canadian stocks. Stretching back to 1922 and the time of William Lyon Mackenzie King's f.... More »
Multigenerational Home Renovation Tax Credit: What is it and do you qualify? + MORE Sep 8th
Thinking about asking a senior-age parent to move in with you? If this involves renovating your home to create a secondary unit for them, you may qualify for a new federal tax credit: the Multigenerational Home Renovation Tax Credit (MHRTC).
Multigenerational households—those composed of three .... More »
Tories drop criminal-employer ban in foreign-worker rules, baffle stakeholders
– canadianbusiness.com
OTTAWA – Labour and business stakeholders say they’re baffled by the Conservative government’s recent removal of provisions from its Temporary Foreign Worker Program that would have barred criminal employers from participating.
In a notice on New Year’s Day, the government said its original proposals aimed at employers convicted of human trafficking, sexually assaulting an employee or causing the death of a worker were “too rigid and cumbersome.”
And so it removed them from its crackdown on abusers of the program.
“Instead, the amendments introduce other measures that achieve the objective of ensuring a safe workplace for TFWs (temporary foreign workers) and that allow for a more timely ability to deal with abuse,” the government said.
“Accordingly, the amendments include a condition on employers to make reasonable efforts to provide a workplace free of abuse, including physical, sexual, psychological, and financial abuse.”
The changes, meantime, have left stakeholders scratching their heads…
In a notice on New Year’s Day, the government said its original proposals aimed at employers convicted of human trafficking, sexually assaulting an employee or causing the death of a worker were “too rigid and cumbersome.”
And so it removed them from its crackdown on abusers of the program.
“Instead, the amendments introduce other measures that achieve the objective of ensuring a safe workplace for TFWs (temporary foreign workers) and that allow for a more timely ability to deal with abuse,” the government said.
“Accordingly, the amendments include a condition on employers to make reasonable efforts to provide a workplace free of abuse, including physical, sexual, psychological, and financial abuse.”
The changes, meantime, have left stakeholders scratching their heads…
5.5 year – 2.35%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2013-11-09. Click on the link above to get more details or apply online.
Liberty Media seeks to devour all of Sirius XM in deal valuing satellite radio service at $23B
– canadianbusiness.com
ENGLEWOOD, Colo. – Liberty Media is trying to devour all of Sirius XM in a deal that would value the satellite radio service at nearly $23 billion.
The complex proposal announced Friday would enable Liberty Media Corp. to seize full ownership of Sirius XM Holdings Inc. after it acquired a controlling interest in the company last year.
Liberty Media, an Englewood, Colo., company controlled by billionaire John Malone, owns about 53 per cent of Sirius XM’s stock, according to a letter filed Friday with the Securities and Exchange Commission.
Under the proposal, each Sirius share would be exchanged for 0.076 shares of Liberty Media’s Series C Common stock if the bid is accepted.
Sirius XM stockholders would end up with a 39 per cent stake in Liberty Media, whose portfolio already includes ownership of the Atlanta Braves baseball team, and stakes in cable TV and Internet service provider Charter Communications Inc., concert promoter Live Nation Entertainment Inc. and book retailer Barnes & Noble Inc…
The complex proposal announced Friday would enable Liberty Media Corp. to seize full ownership of Sirius XM Holdings Inc. after it acquired a controlling interest in the company last year.
Liberty Media, an Englewood, Colo., company controlled by billionaire John Malone, owns about 53 per cent of Sirius XM’s stock, according to a letter filed Friday with the Securities and Exchange Commission.
Under the proposal, each Sirius share would be exchanged for 0.076 shares of Liberty Media’s Series C Common stock if the bid is accepted.
Sirius XM stockholders would end up with a 39 per cent stake in Liberty Media, whose portfolio already includes ownership of the Atlanta Braves baseball team, and stakes in cable TV and Internet service provider Charter Communications Inc., concert promoter Live Nation Entertainment Inc. and book retailer Barnes & Noble Inc…
How to recover from a debt hangover
– moneysense.ca
Ah, the first week of January—time to toss the tree, put away the decorations and focus on those new year’s resolutions. That is until the bills flow in and drag you back to reality by reminding you of that frenzied last-minute trip to the mall and all those holiday drinks.It’s kind of like the morning after an eggnog-fueled Christmas party—except you can’t get rid of it with painkillers and coffee! If you’re starting off 2014 with a new year’s debt hangover, you’re not alone. Canadians are piling on the debt heavier and faster than they ever have before according to a report just released by Transunion. The report shows that the average consumer debt load is expected to rise by $1,000 to $28,853 by the end of 2014.
If you’re starting off 2014 with a big debt headache then you’re in need of some financial TLC and a plan for getting rid of it. Here are a few things you can do to get you started:
1. Face the music
Hiding your bills until February is a bad idea. Open them up, put them on your desk and tally up exactly how much you owe…
Building savings is second priority
