Business Highlights + MORE Mar 11th

How to go about securing the best return for your investment in Canada.
Latest News

Sears to close 78 stores this summer + MORE Apr 21st

NEW YORK, N.Y. – Sears Holdings Corp. will close another78 stores —68 Kmart units, and 10 Sears stores — as it looks to restore profitability. That accounts for about 5 per cent of its store base, which is nearly 1,700 stores. The ailing company, based in Hoffman Estates, Illinois, had sai.... More »
 money market

The best Mastercard credit cards in Canada for 2024 + MORE Oct 18th

Credit card comparison tool Compare Mastercard credit cards available in Canada using our interactive tool below. You can filter cards based on rewards value, annual fees, income requirements and more. powered by The best Mastercard credit cards in Canada Mastercard is one of the .... More »
 real estate

How to sell an app idea: looking for an investor easily Dec 8th

Most of the articles on the topic of selling app ideas deal with situations where the developer has either an idea or minimal work to do. This is partly understandable: it is believed that if you have a minimum viable product, the MVP, you can handle the rest on your own. But what if you don’t.... More »
 money market

CIBC hikes dividend despite 11 per cent profit drop + MORE Feb 28th

The Canadian Imperial Bank of Commerce hiked its dividend as it reported its first-quarter profit fell 11 per cent to $1.18 billion, missing expectations..... More »
 broker

An inside look at Fort McKay First Nation’s historic investment + MORE May 12th

Suncor and Fort McKay First Nation come together to create a mutually beneficial investment deal. When businesses and communities work together, everyone benefits. The East Tank Farm agreement between Suncor, Fort McKay First Nation (FMFN) and Mikisew Cree First Nation (MCFN) communities in Alberta .... More »
Drug maker’s stock has tumbled since company delayed earnings release

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Learn, save, invest and prosper with My Own Advisor.
Welcome to another Weekend Reading edition friends!  Finally, spring has sprung in Ottawa.  We reached double digit temperatures this week and this weekend should be the same.  Can’t wait!   I’m looking forward to some BBQ and cold beers over the next few days.
Although some dividends got cut in my portfolio recently, almost a dozen other companies increased their dividend, bumping my early retirement fund in this update here.  Earlier this week, I also questioned whether buying U.S. estate makes any sense for Canadians.  Check out that post and you be the judge.
Thanks for reading and supporting the site – enjoy these articles and your weekend.  See you here next week.
It’s absolutely crazy what some bloggers can make online.
Larry Swedroe wrote finances are important, but so is life, in reviewing a new personal finance book “Simple Money”.  I would argue life trumps obsessing over finances any day.
The Globe and Mail profiled sports broadcaster personality Jay Onrait and his portfolio…

Continue Reading On myownadvisor.ca »

Troubles stemming from taking over Safeway Canada assets are the major culprits

Continue Reading On theglobeandmail.com »

It can be excellent as a primary way to build up your nest egg, and unlike the RRSP, it avoids later clawbacks

Continue Reading On theglobeandmail.com »

Business Highlights

– canadianbusiness.com

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European Central Bank surprises with broad stimulus action
FRANKFURT, Germany (AP) — European Central Bank launched an unexpectedly broad array of stimulus measures Thursday aimed at boosting a modest economic recovery in the 19 countries that use the euro and nudging up dangerously low inflation.
The steps, which ranged from interest rate cuts to cheap loans to banks, included several measures many analysts hadn’t anticipated, such as expanding its monthly bond-buying stimulus program to include corporate bonds.
The ECB, the monetary authority for the euro countries, is struggling to raise inflation from a worryingly low annual rate of minus 0.2 per cent toward its goal of just under 2 per cent, considered healthiest for the economy.
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A wheezing, unloved bull market tries to keep running
NEW YORK (AP) — It’s been seven years since one of the stock market’s best-ever runs began, but the anniversary is passing without a party yet again.
This bull market is the third-longest in history, and investors in mutual funds that track the broad U…

Continue Reading On canadianbusiness.com »

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