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Why did Pfizer, Moderna COVID-19 vaccines get new names after approval? Experts explain - Global News Sep 19th
Why did Pfizer, Moderna COVID-19 vaccines get new names after approval? Experts explain Global NewsBig gap between Pfizer, Moderna vaccines seen for preventing COVID hospitalizations Yahoo News CanadaCovid-19 breakthrough infections: 4 reasons some people get them In.... More »
How do the RRSP contribution carry forward rules work? + MORE Jun 9th
If I have $25,000 contribution room left in my RRSP, can I take that all at once plus my regular RRSP contribution of $30,780 for the tax year 2023? Effectively making a contribution of $55,780 to my RRSP?— Lorraine
The rules around RRSP contribution room
As soon as a taxpayer starts t.... More »
What will happen to Afghanistan’s economy under Taliban rule? - Al Jazeera English Aug 19th
What will happen to Afghanistan’s economy under Taliban rule? Al Jazeera EnglishAfghan central bank's $10-billion in assets likely not within reach of Taliban, officials say The Globe and MailAfghanistan: Pakistan fences off from Afghan refugees BBC NewsFATAH: This.... More »
Vancouver's Shoes.com shuts down operations + MORE Jan 27th
The former IPO hopeful will work with its lenders to liquidate its assets and assign some of its companies to bankruptcy
.... More »
Distance doesn’t blur oil sands focus for Canadian Natural’s Murray Edwards + MORE Mar 10th
Chairman’s purchase of Shell’s oil sands assets had perfect timing and cements the company as one of the three firms dominating the mining and processing ends of the bitumen business
.... More »
Canadian homes 20% overvalued: Fitch
– moneysense.ca
OTTAWA – Fitch Ratings says Canada’s real estate market is as much as 20 per cent overpriced and cautions the government may need to take more measures to slow down borrowing on homes.
Fitch is the second U.S. financial agency to sound the alarm on Canadian home prices in the past week, with the Morningstar research firm predicting a 30 per cent correction was possible over the next few years.
The latest warning comes as the Teranet–National Bank composite house price index for June showed prices rose 0.9 per cent from May and were up 4.4 per cent from last year.
The year-to-year gain was the lowest in six months, but still more than twice the underlying level of inflation in Canada and above income growth.
Prices were 8.1 per cent higher Calgary compared with a year ago, while Hamilton saw increases of 7.3 per cent and Toronto and Vancouver climbed 6.1 per cent.
But several major markets showed a cooling trend. Prices in Ottawa-Gatineau fell 1.7 per cent compared with a year ago, Quebec City dropped 2…
Fitch is the second U.S. financial agency to sound the alarm on Canadian home prices in the past week, with the Morningstar research firm predicting a 30 per cent correction was possible over the next few years.
The latest warning comes as the Teranet–National Bank composite house price index for June showed prices rose 0.9 per cent from May and were up 4.4 per cent from last year.
The year-to-year gain was the lowest in six months, but still more than twice the underlying level of inflation in Canada and above income growth.
Prices were 8.1 per cent higher Calgary compared with a year ago, while Hamilton saw increases of 7.3 per cent and Toronto and Vancouver climbed 6.1 per cent.
But several major markets showed a cooling trend. Prices in Ottawa-Gatineau fell 1.7 per cent compared with a year ago, Quebec City dropped 2…
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
photo illustration by sarah mackinnonIs the public sector holding back provincial growth rates by crowding out private sector investment? That’s the contention of a recent C.D. Howe paper by Philip Cross. The paper provides a great case study of the danger of confusing correlation with causality.
Let’s begin with the simple arithmetic. Gross domestic product (GDP) is the sum of spending on consumption, investment, government services and net exports. Whether the investment spending is initiated by the private sector or the public sector makes no difference to the GDP accountants at Statistics Canada. Both contribute in the same way to measured GDP and a boom in either private or public sector investment will boost economic growth. The simple arithmetic gives us no reason to prefer one kind of investment over the other.
Perhaps the future returns on private and public sector investments differ, so that the differential effects are felt in the future rather than the present? The contribution of future investment returns to economic growth will depend on the quality of the investment and luck…
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
At midday: TSX boosted by mining, energy stocks – The Globe and Mail
– news.google.ca
CTV NewsAt midday: TSX boosted by mining, energy stocksThe Globe and MailThe Toronto stock market was positive Monday as traders hoped a strong report from the American financial sector indicated another upbeat earnings season from North American corporations. The S&P/TSX composite index rose 51.82 points to 15,177.32.TSX climbs with bank shares; gold miners slideReuters CanadaTSX positive, traders eye earnings reports, testimony from Fed chair YellenTimes ColonistPositive open in TorontoBaystreet.caReuters Africa -Stockhouseall 26 news articles »
