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The close: TSX tumbles as China rattles global investors + MORE Jul 8th
Canada’s main stock index slumped almost 1.5 percent on Wednesday in a widespread selloff, as market turmoil in China eclipsed Greece’s debt crisis as the focal point of concern for global investors.
.... More »
Diversify Your Portfolio By Turning Bitcoin Into Silver And Gold + MORE Dec 27th
Bitcoin holders have seen massive gains in only a matter of months and that’s sending many of them scrambling for places to put their new-found wealth in the event of a crash. One of the safest places to put money right now is gold and silver bullion and with increasing acceptance of Bitcoin as a .... More »
StatCan latest wealth survey shows stark disparity between homeowners, renters - CTV News Oct 29th
StatCan latest wealth survey shows stark disparity between homeowners, renters CTV NewsView Full Coverage on Google News.... More »
Canadian manufacturer pivots to 'huge' market in India as country tries to strike trade deal - CBC May 29th
Canadian manufacturer pivots to 'huge' market in India as country tries to strike trade deal CBCIndia’s Union Minister Shri Piyush Goyal Visits BAPS Shri Swaminarayan Mandir, Toronto, ON, Canada BAPS Swaminarayan SansthaIndian business leaders’ mission concludes in Toronto .... More »
Bill Morneau’s briefing book flags investment in public pensions + MORE Jun 17th
OTTAWA — A briefing book prepared last fall for incoming Finance Minister Bill Morneau warns that Canada’s spending on public pensions is dramatically lower than many other rich countries — even though private-sector pension coverage has deteriorated.
The document, obtained by The Canadia.... More »
With Canadian property up to 30 per cent overvalued, oil plunging to new lows and the world’s financial system quaking, our central banker’s plan to rebuild Canada’s economy are out of this world. Speculating on the future of finance Stephen Poloz asks, “How would Captain Kirk and Margaret Atwood run a bank?”
Weekend Reading – TFSA audits, Top 50 sites, DRIP myths and more
– myownadvisor.ca
2014 Weekend Reading material is winding down folks…hard to believe it’s mid-December…
In case you missed it this week I boldly shared our financial progress here and I thought of some insurance everyone needs to consider.
How’s the holiday shopping coming along folks? Done? Almost done? Not even started yet? I got a few things to pick up but that’s about it. The internet has certainly been a game-changer for holiday shopping, in our house it has.
Onto the articles!
Our Big Fat Wallet wondered about CRA auditing our TFSAs. Those guys best be careful, if they are going after capital gains I think they should allow for capital losses as well.
LSM Insurance released the Top 50 Canadian Personal Finance websites. Thanks for the mention!
I enjoyed Justin Bender’s post about DRIP myths.
The Passive Income Earner wrote about OPEC’s influence on the energy sector.
Roadmap2Retire reported his passive income update that included buying a railroad…
In case you missed it this week I boldly shared our financial progress here and I thought of some insurance everyone needs to consider.
How’s the holiday shopping coming along folks? Done? Almost done? Not even started yet? I got a few things to pick up but that’s about it. The internet has certainly been a game-changer for holiday shopping, in our house it has.
Onto the articles!
Our Big Fat Wallet wondered about CRA auditing our TFSAs. Those guys best be careful, if they are going after capital gains I think they should allow for capital losses as well.
LSM Insurance released the Top 50 Canadian Personal Finance websites. Thanks for the mention!
I enjoyed Justin Bender’s post about DRIP myths.
The Passive Income Earner wrote about OPEC’s influence on the energy sector.
Roadmap2Retire reported his passive income update that included buying a railroad…
Cartel connection: How Mexico's drug gangs set up shop in Vancouver – Vancouver Sun
– news.google.ca
Vancouver SunCartel connection: How Mexico's drug gangs set up shop in VancouverVancouver SunInfamous Mexican cartels like Sinaloa and La Familia have sent representatives to the Lower Mainland to broker drug deals with local gangs, The Vancouver Sun has learned. A Sun investigation has uncovered increasing links between B.C. drug gangs and …and more »
Gains from Theft are Taxable and Claiming Fraudulent Scheme Losses
– http://canadianfinancialdiy.blogspot.ca
The Canada Revenue Agency has just published an updated tax folio describing how thieves should declare gains from theft (it’s taxable income), or losses (deductible!).Perhaps more relevant to law-abiding blog readers it also says business can deduct losses from theft by strangers, or employees … but not business partners (how dainty, it’s termed a capital withdrawal).And finally, to add to the woes of those investors who have been victims of a fraudulent investment scheme, the folio describes some tax relief, but it looks complicated enough that professional help is likely to be required to report income tax correctly.
Continue Reading On http://canadianfinancialdiy.blogspot.ca »
Russian ruble hits new low, stocks down at market opening
– theglobeandmail.com
The rouble has lost more than 40 percent since the beginning of the year, weakened by a slide in oil prices and general risk aversion to Russian assets
