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The best high-interest savings accounts in Canada for 2025 Feb 18th
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Converting mutual funds: The benefits, the risks and the costs Jan 25th
My wife and I have been educating ourselves on the merits of ETF vs traditional mutual funds after deciding to make a switch from our personal financial advisor. We were late starters in saving and we have another 15- to 20-year investment horizon ahead of us before retirement stares at us.
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S&P/TSX composite index hits record closing high + MORE Jun 20th
Canada's main stock index closed at a record high Wednesday, boosted by a broad-based rally on the market..... More »
Does a spouse’s real estate ownership cancel out first-time homebuyer qualifications? Jun 5th
Q. My husband and I married recently, and we have lived together in a rental apartment since we got engaged and married. He has a condo, which he purchased seven years ago, but he has not lived there for the past three years. I’ve never lived in that condo and he didn’t use the Home Buyers’ Pl.... More »
Germany's Deutsche Bank to cut 18,000 jobs by 2022 in overhaul - CBC News Jul 7th
Germany's Deutsche Bank to cut 18,000 jobs by 2022 in overhaul CBC NewsDeutsche Bank to slash 18,000 jobs in sweeping restructuring CTV NewsFactbox: Deutsche Bank takes an axe to investment bank Yahoo Canada FinanceDeutsche bank cutting 18,000 jobs in effort to incre.... 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…
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.
