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The best RRSP investments 2021 + MORE Feb 24th
A registered retirement savings plan (RRSP) is an investment that is registered with the Canadian federal government. RRSPs are often described as being “tax-advantaged.” That means you don’t pay income tax on the amount you are contributing to an RRSP, in the year you earn that contribution. .... More »
How the coronavirus pandemic could change the way we think about retirement in Canada Apr 29th
Over the past few decades, the concept of retirement has grown increasingly more sophisticated. Canadians preparing for retirement have been able to contemplate a variety of highly personalized approaches—from early (or even very early) retirement; to active, phased, or working retirement; and mor.... More »
Bernice is debt free and has savings, but wonders if she should start investing in the stock market + MORE Jan 30th
The 35-year-old millennial has her financial house largely in order, says investment adviser Jason Heath, but she may want to consider stock investments in addition to her TFSA and savings accounts.... More »
Oil giant Saudi Aramco makes a historic $161B profit in 2022 - Business News - Castanet.net Mar 12th
Oil giant Saudi Aramco makes a historic $161B profit in 2022 - Business News Castanet.netSaudi Aramco Posts Blowout Annual Profit and Raises Dividend BNN BloombergSaudi oil giant Aramco posts record $161 billion profit for 2022 CNBCSaudi Aramco’ s $161bn profit is .... More »
The best high-interest savings accounts in Canada for 2024 May 2nd
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Mirror.co.ukAsia stocks, pound sag ahead of Theresa May's speechThe Globe and MailAsian stocks and the pound sagged on Tuesday as investors waited for British Prime Minister Theresa May to lay out plans to exit the European Union, which traders fear will see Britain lose access to the bloc's single market. Britain will not seek a …UK's May signals EU clean break: no 'half-in, half-out'680 NewsTheresa May's Brexit speech: key clues to look out forThe GuardianMay Brexit speech: No 'half in, half out' EU dealRTE.ieCNBC -The Sydney Morning Herald -BT.com -The Australian Financial Reviewall 770 news articles »
Five Canadians are as rich as 30% of the population, not two
– canadianbusiness.com
Thomson Reuters CEO David Thomson (Photo: Frank Gunn/CP).cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}Canada’s Richest People 2017: The Top 25 Richest Canadians
Oxfam Canada, the aid and development group, yesterday claimed that the wealth of Canada’s two richest men equals the combined worth of the poorest 30% of the country’s population. The number is based on a report entitled “An Economy for the 99%,” which shows “the gap between rich and poor is far greater than had been feared,” according to an accompanying press release. That might be true. But Oxfam Canada’s facts are wrong.
Oxfam Canada lists as the country’s richest people David Thomson, CEO of Thomson Reuters, and Galen Weston, whose holdings include Loblaw parent company George Weston Ltd. and Holt Renfrew. But the headline stat has a flaw: Thomson isn’t actually Canada’s richest man…
Canada will have to do more in NATO if U.S. backs out
– macleans.ca
A soldier of the Polish Army sits in a tank as a NATO flag flies behind him. (Sean Gallup/Getty Images)OTTAWA — Canada will have to contribute more to NATO if the U.S. follows through on president-elect Donald Trump’s musings on withdrawing from the alliance, says the head of the House of Commons foreign affairs committee.
Liberal MP Bob Nault cautions that Canada and its NATO partners need to see how U.S. foreign policy formally takes shape after Trump’s Friday inauguration.
But he says Canada remains committed to the 28-country alliance and can’t let it become weakened if the U.S. — its largest financial and military contributor — scales back its involvement.
“That means countries like ours will have to step up to the plate,” Nault said in an interview Monday.
Nault said the upcoming defence policy review will help Canada decide where and how it should deploy its military resources. With a federal budget coming this winter that could mean an increase in defence spending, he added…
