A bite-sized look at Toronto's budget – Toronto Star + MORE Jan 23rd

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Ford widely beats expectations on North America profit + MORE Jul 28th

Auto maker posts second-quarter earnings of $1.89 billion, maintains its full-year forecast .... More »
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Poilievre, Singh call on Carney to publicly disclose assets, possible conflicts - National Post + MORE Mar 20th

Poilievre, Singh call on Carney to publicly disclose assets, possible conflicts  National PostI want a successful, well-travelled, well connected prime minister  Toronto StarOpinion: The modern kings of politics need not be questioned  The Globe and MailNew PM Carney an.... More »
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Making sense of the markets this week: April 7, 2024 Apr 5th

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Are we in the middle of another Roaring ’20s? For those who aren’t into history, the Roaring ’20s has been referre.... More »

Conquering your debt in 2017 starts with a written financial plan + MORE Jan 5th

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From falling oil to a shocker rate cut from the Bank of Canada, to robotic cars and our waning appetite for fast food, the CBC’s Jacqueline Hansen gets you caught up on a busy week in financial news in this video recap.

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Grand Strategy in the Real WorldWhen the Cold War order broke down, and Iraq invaded Kuwait, Brent Scowcroft served as an ‘honest broker’ among factions, though

his own cautious realism often won the day.

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Toronto StarA bite-sized look at Toronto's budgetToronto StarMayor John Tory's debut budget set out a 2.75 per cent property tax increase (this includes the increase to pay for the Scarborough subway) and proposes $170 million in new investments. The Star reported on the big-ticket items earlier in the week. Here's a …Tory challenges Ford's budget credibilityToronto SunJohn Tory finds himself under attack on unexpected front: on financial …National PostMayor John Tory touts progress on tackling Toronto's summer traffic woesMetroNews CanadaCBC.ca -Hamilton Spectator -The Globe and Mailall 23 news articles »

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CEO Pay – Benchmark this, corporate Canada

– http://canadianfinancialdiy.blogspot.ca

The 2015 version of the Canadian Centre for Policy Alternatives report on CEO pay by Hugh Mackenzie revealed a substantial increase in average pay from the year before. The comparison to the pay of employees and all Canadians, who own shares in all these companies through their pension plans, mutual funds ETFs or directly, is shockingly out of whack. Companies justify this through incredibly complex schemes (got to Sedar.com and download a sample Management Information Circular aka Proxy Circular) that basically use peer comparison to benchmark.So … let’s benchmark this:BBC reports that in 2014 Apple CEO Tim Cook received total compensation of $9.2 million. Apple is the world’s largest company (by far ahead of #2 Exxon), with a market cap of $659.21 billion. His pay was 9.2/659210 = 0.0014% of market cap. Cook is not exactly working for peanuts by CEO standards though. in 2013 he earned $73.9 million US, which is about $81.3 million CAD (mostly from stock options), or 0.0123% of market cap…

Continue Reading On http://canadianfinancialdiy.blogspot.ca »

Toronto StarJohn Tory, Charles Sousa clash over social housing grantsToronto StarMayor John Tory and Ontario Finance Minister Charles Sousa are clashing over whether the province left the door open to reversing a phase-out of social housing grants that has left a hole in Toronto's budget. Sousa said Friday Toronto has long been aware …Province vows not to cover Toronto's budget gapToronto SunOnt. finance minister not ruling out tax increasesCANOEFinance Minister Charles Sousa says Toronto shouldn't assume financial help …insideTORONTO.comWinnipeg Free Pressall 19 news articles »

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