Ask the Spud: Why Do ETF Yields Differ? + MORE May 20th

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2018 will be the year of allyship + MORE Dec 28th

People chant and hold up with placards as they attend a Black Lives Matter event on August 5, 2016. (Daniel Leal-Olivas/Getty) Melayna Williams holds a J.D., and is the director of the Rights Advocacy Coalition for Equality (R.A.C.E.). It’s been quite a year for race and advocacy in Canada. We hav.... More »
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Making sense of the markets this week: November 23 Nov 20th

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. It’s déjà vu vaccine all over again as we make sense of the markets This week began, like last week, with some very positive (and welcome) news on the vaccine front. As yo.... More »
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The 7 best low-interest credit cards in Canada for August 2023 + MORE Aug 5th

Spend The 7 best low-interest credit cards in Canada for August 2023 Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required. Find my perfect card* .... More »

Is Dane, 50, on the right track with his early retirement strategy? Nov 22nd

Q. I’m 50 years old and I’d like to work for three more years, then “retire” at age 53. I’m single and have two defined benefit pensions that I could begin collecting at age 55 but want leave them untouched until I turn 60 as that allows me to qualify for full pensions. To bridge that seve.... More »
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90 days - 1.75% + MORE Mar 9th

This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
WASHINGTON – The U.S. is imposing sanctions against 12 Russians under a law named after Russian lawyer Sergei Magnitsky, who alleged in 2008 that organized criminals colluded with a Russian government official to claim a fraudulent $230 million tax rebate.
The individuals the Treasury Department sanctioned Tuesday were four prison officials, a judge, court official, a law enforcement investigator and alleged co-conspirators in the fraud case. On the list is Dr. Dmitry Kratov, who was charged in Magnitsky’s 2009 death, but acquitted of negligence in December.
The Magnitsky affair ignited a dispute between Russia and Washington that has included U.S. sanctions against suspected Russian human rights violators and a ban on the adoption of Russian children by Americans.
The sanctions ban U.S. visas for the individuals and freeze assets under U.S. jurisdiction.
The post US sanctions 12 Russians in Magnitsky case that set off dispute over human rights, adoptions appeared first on Canadian Business.

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Ask the Spud: Why Do ETF Yields Differ?

– CanadianCouchPotato.com

Ask the Spud: Why Do ETF Yields Differ?Q: The Vanguard S&P 500 (VFV) currently has a dividend yield of 1.44%, but the US-listed version of the same ETF has a yield of 2.01%. How can these two funds have such different yields when their underlying holdings are exactly the same? – Lindsay

The US and international equity ETFs from Vanguard Canada do not hold their stocks directly: they get their exposure by holding a US-listed ETF. The Vanguard S&P 500 (VFV), for example, simply holds the Vanguard S&P 500 (VOO), which trades on the New York Stock Exchange.
Since the underlying holdings of VFV and VOO are identical, you might expect the two funds to have the same dividend yield. Yet if you visit their respective websites you’ll find the published yields actually vary by 57 basis points. What gives?

More than one way to do the math
Turns out there are several ways to calculate a fund’s yield. Vanguard Canada uses the trailing 12-month yield, which it defines as “the fund’s cash distributions over the past 12 months divided by the end of period net asset value…

Continue Reading On CanadianCouchPotato.com »

With one of the few free-market oil and gas environments in the world, this country is a prime destination for funds seeking safety and profit

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Following the Victoria Day long weekend in Canada, Canadian banks will kick off their second-quarter earnings season and Statistics Canada will report the latest on inflation, wholesale trade and retail sales.

Continue Reading On blogs.wsj.com »

120 days – 1.70%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

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