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Open up more than the books to your financial adviser + MORE May 7th
Almost everything about your life can influence your financial decisions..... More »
Things to Consider About Personal Loans May 8th
It seems like personal loans are the choice number one nowadays. When things don’t go according to the plan, or simply when it’s hard to make ends meet, the first thing that falls on our minds is personal loans. They are like the easiest solution to our problems. It doesn’t take a lot to recei.... More »
Investing inside a corporation: what you need to know + MORE Jul 23rd
A MoneySense reader writes:
We have $550,000 to invest in our corporation and need something tax-efficient. Although we’re retired, we don’t need this money for the foreseeable future, so we’re investing for the long term. We’re considering either DIY investing following one of the Couch Pot.... More »
AFN head RoseAnne Archibald calls her suspension unlawful - The Globe and Mail + MORE Jul 6th
AFN head RoseAnne Archibald calls her suspension unlawful The Globe and MailFirst Nations leaders vote against Assembly of First Nations national chief's suspension CBC NewsAFN Chief brings corruption claims to annual gathering CTV NewsAssembly of First Nations meets.... More »
Second Cup converting 2 Alberta cafés to cannabis dispensaries, will review rest of chain + MORE Nov 5th
The Second Cup Ltd. says it has started a strategic review of the coffee chain company despite reporting improved financial results and is continuing on its plan to sell recreational cannabis..... More »
Caroline Mulroney at a town hall event in North York. Mulroney is officially in the race for the leadership of the Ontario PC Party. (Rick Madonik/Toronto Star via Getty Images)
It’s been a tumultuous few weeks in Ontario politics. The fall of Progressive Conservative Party leader Patrick Brown—who was forced to resign amid allegations of sexual misconduct—has prompted a lightening-fast leadership race to be held before the June 7 provincial election. So far, three candidates have stepped forward to replace Brown; Christine Elliott, Doug Ford and political newcomer Caroline Mulroney, daughter of former Prime Minister Brian Mulroney. Although she lacks political experience, Mulroney has a formidable resume in her own right; she’s a lawyer and businesswoman who graduated from Harvard and New York University’s law school. She took a leave from her job as the vice president of investment firm BloombergSen Inc. last year to become a candidate for the riding of York-Simcoe. She spoke with Jen Gerson for Maclean’s…
It’s been a tumultuous few weeks in Ontario politics. The fall of Progressive Conservative Party leader Patrick Brown—who was forced to resign amid allegations of sexual misconduct—has prompted a lightening-fast leadership race to be held before the June 7 provincial election. So far, three candidates have stepped forward to replace Brown; Christine Elliott, Doug Ford and political newcomer Caroline Mulroney, daughter of former Prime Minister Brian Mulroney. Although she lacks political experience, Mulroney has a formidable resume in her own right; she’s a lawyer and businesswoman who graduated from Harvard and New York University’s law school. She took a leave from her job as the vice president of investment firm BloombergSen Inc. last year to become a candidate for the riding of York-Simcoe. She spoke with Jen Gerson for Maclean’s…
Are stock markets loaded for bear?
– theglobeandmail.com
As 2018 progresses, business leaders and market participants should – and undoubtedly will – bear in mind that we are moving ever closer to the date when payment for today’s recovery will fall due
Manulife results hit by lower insurance sales, slower wealth management growth
– theglobeandmail.com
Insurer reported earnings per share after items of 59 cents; analysts had been looking for earnings of 58 cents a share
Alberta pension fund buys stake in wind power projects with 20 year contracts
– canadianbusiness.com
CALGARY _ The firm that administers more than $100 billion in Alberta government pensions and other funds says it is buying substantial stakes in two wind power projects that just received 20-year power price guarantees from the province.
The Alberta Investment Management Corporation or AIMCo says it has struck a deal with a subsidiary of Rome-based global power company Enel to buy 49 per cent ownership of the projects to be constructed near Pincher Creek in southern Alberta.
In a separate news release, Enel says the two projects are expected to cost about $213 million, adding the price of AIMCo’s stake will be determined at the start of commercial operation before the end of 2019.
Enel was one of three companies chosen in December by the Alberta government through an auction process. They are to build four wind power projects with capacity of almost 600 megawatts of electricity at a total cost of about $1 billion.
The other winning bids came from Edmonton-based Capital Power Corp…
The Alberta Investment Management Corporation or AIMCo says it has struck a deal with a subsidiary of Rome-based global power company Enel to buy 49 per cent ownership of the projects to be constructed near Pincher Creek in southern Alberta.
In a separate news release, Enel says the two projects are expected to cost about $213 million, adding the price of AIMCo’s stake will be determined at the start of commercial operation before the end of 2019.
Enel was one of three companies chosen in December by the Alberta government through an auction process. They are to build four wind power projects with capacity of almost 600 megawatts of electricity at a total cost of about $1 billion.
The other winning bids came from Edmonton-based Capital Power Corp…
Toronto and Vancouver’s real estate markets have responded to surging prices and a growing demand for homes with a supply of new housing that is “significantly weaker than other Canadian metropolitan areas,” CMHC says in new report.