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Worried about retirement? Don’t be if you consider this wealth of advice + MORE Oct 3rd
Save, invest, prosper with My Own Advisor.
Worried about retirement? Don’t be if you consider this wealth of advice For a few years now, I’ve been inspired and motivated by early retirement stories. We’re certainly not there yet but we’re getting there slowly. Using this si.... More »
Nuclear deal between Iran and world powers puts rubber to the road for automakers after stall + MORE Nov 30th
TEHRAN, Iran – The nuclear deal struck by Iran and six world powers will put more rubber on the road in the Islamic Republic.
The country’s major carmakers stand ready to start receiving parts again from French firms PSA Peugeot Citroen and Renault when the sanctions ease. That could see.... More »
90 days - 2.00% + MORE Nov 4th
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online..... More »
How to Become an Expert Investor Sep 12th
Over the past few years, the financial markets have been quite unstable with crisis situations arising one after another. For this reason, it’s essential for investors to build their money management skills to protect their hard-earned cash from any financial crisis. Whether you are a new inve.... More »
Capital gains on subdivided land, and HST on vacant land Mar 10th
Our primary residence of three years is built on a double lot. We received a partial discharge of our double lot and built our house on it for cash. Do we have to pay any capital gains? We did not plan on doing this when we first purchased it.
–Devon
Is there GST on land sales?
First, when you sel.... More »
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
The Royal Mail has been privatized, so why not Canada Post? — Larry MacDonald
– canadianbusiness.com
Earlier this month, the privatization of the British postal service, the Royal Mail, went ahead with the listing of shares on the London Stock Exchange. This development would seem to strengthen the case for similarly privatizing Canada Post through a listing of shares on the Toronto Stock Exchange.
Many studies and reports over the years have argued for privatization. I made the same argument more than two years ago in “20 reasons for ending Canada Post’s monopoly.” Since then, it has only become more apparent that Canada Post needs a radical makeover.
Email and other forms of digital communication continue to erode the letter delivery business, rendering Canada Post an increasing drain on the taxpayer’s purse. As of mid-2013, the crown corporation is unprofitable and has $1 billion in debt, a pension plan underfunded by $6 billion and negative net equity of nearly $3 billion. In 2008, it was profitable and had no debt, a fully funded pension plan and net equity of $1.5 billion…
Canada’s Manulife Financial Corp., along with U.S. insurers MetLife Inc., New York Life Insurance Co., and Prudential Financial Inc., worry new accounting proposals could make it harder for investors to get a true picture of life insurers’ financial health.
