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How to make sure you have enough money to fund your RRIF withdrawals + MORE Apr 16th
After decades of using registered retirement savings plans (RRSPs) to reduce taxable income, it can come as a shock to discover the shoe will one day be on the other foot. At the end of the year you turn 71, you have to either cash out your RRSP (not recommended), annuitize it or convert it into a R.... More »
The best credit cards in Canada for 2023 Nov 14th
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The best credit cards in Canada for 2023
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Fitch Downgrades Evergrande and Subsidiaries, Hengda and Tianji, to 'CC' - Fitch Ratings Sep 8th
Fitch Downgrades Evergrande and Subsidiaries, Hengda and Tianji, to 'CC' Fitch RatingsFitch Follows Moody's in Cutting China Evergrande Bloomberg Markets and FinanceEvergrande’s troubles shake China’s property bond market Financial TimesEvergrande Slumps Below 20.... More »
In a Slump? 4 Promotions Ideas to Bring in Restaurant Customers Oct 23rd
Being a restaurant owner or manager is currently one of the world’s most challenging jobs. A few months into the Coronavirus pandemic, most states imposed lockdowns and bans on sit-in dining were. As their customers stayed home, these establishments saw their revenues go into a steep decline.
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Making sense of the markets this week: July 12 Jul 12th
This is the first installment of a new column. Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
With age comes…less financial stress?
FP Canada, a national organization that seeks to hold financial planners accountable to .... More »
BRP reports $100 million profit and big jump in Q2 revenue
– canadianbusiness.com
The Quebec-based company that makes Ski-Doo snowmobiles had a big increase in revenue and a $100-million profit during its second quarter.
BRP Inc. of Valcourt, Que., (TSX:DOO) had $1.03 billion of revenue, up 20 per cent from last year’s second quarter.
Its net income amounted to 89 cents per share, compared with last year’s loss of $68.8 million or 61 cents per share.
BRP’s normalized earnings improved to 18 cents per share from one cent per share last year.
The company — formerly a division of Bombardier Inc. (TSX:BBD.B) — makes a wide range of products for a global market.
In addition to snowmobiles, BRP’s products include Sea-Doo personal watercraft, Can-Am four-wheeled off-road vehicles, three-wheel Can-Am Spyder highway vehicles and Evinrude outboard motors.
The post BRP reports $100 million profit and big jump in Q2 revenue appeared first on Canadian Business – Your Source For Business News.
BRP Inc. of Valcourt, Que., (TSX:DOO) had $1.03 billion of revenue, up 20 per cent from last year’s second quarter.
Its net income amounted to 89 cents per share, compared with last year’s loss of $68.8 million or 61 cents per share.
BRP’s normalized earnings improved to 18 cents per share from one cent per share last year.
The company — formerly a division of Bombardier Inc. (TSX:BBD.B) — makes a wide range of products for a global market.
In addition to snowmobiles, BRP’s products include Sea-Doo personal watercraft, Can-Am four-wheeled off-road vehicles, three-wheel Can-Am Spyder highway vehicles and Evinrude outboard motors.
The post BRP reports $100 million profit and big jump in Q2 revenue appeared first on Canadian Business – Your Source For Business News.
Why higher rates will be painful for Canadian investors, a REIT to buy now, and loonie bullishness
– theglobeandmail.com
A roundup of investment ideas for active investors
Calendar: What investors need to know for the week ahead
– theglobeandmail.com
A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead
