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Reader Questions – How I built my dividend portfolio + MORE Mar 4th
Save, invest, prosper with My Own Advisor.
Reader Questions – How I built my dividend portfolio Thanks good readers, I appreciate hearing from you and receiving your saving and investing questions. If you’ve been following My Own Advisor for a while you’ll know I’m a hybrid investor. Iâ€.... More »
Most doctors took financial hit in 1st year of COVID, but top earners did just fine - CBC News Sep 1st
Most doctors took financial hit in 1st year of COVID, but top earners did just fine CBC NewsMore Money Being Offered to Doctors to Set Up Shop in NL VOCMSome of Canada's top-billing doctors received Canada Emergency Wage Subsidy CBC NewsSome of Canada's highest-paid .... More »
Connacher wins court approval to seek bidders for its oilsands assets + MORE Mar 30th
CALGARY _ Oilsands producer Connacher Oil and Gas Ltd. has won court approval for a process to find a buyer or investor that could allow it to emerge from Companies’ Creditors Arrangement Act protection after nearly two years.
A court ruling Wednesday approves the Calgary-based company’s.... More »
A guide to five-year fixed mortgage rates + MORE Feb 28th
After consecutive years of record-low interest rates in Canada, many experts predict we are entering a period of rising rates—which would make the cost of borrowing money, be it for a mortgage or a student loan, more expensive. The possibility of these rate hikes can make the stability of a f.... More »
Three dates is all it takes to determine financial compatibility Jul 23rd
When you work as a team, you can build wealth together, writes Lesley-Anne Scorgie..... More »
CCPA report calls for expansion of pension regulations
– canadianbusiness.com
OTTAWA _ A report by the Canadian Centre for Policy Alternatives recommends that payments to shareholders such as dividends and share buybacks by companies should be limited if their pension plans are underfunded.
The report says pension regulations must expand to consider broader financial decisions within companies.
It says that in many instances, firms are complying with the minimum required payments under the rules, but they are not making up the shortfalls in the pension plans as fast as they could.
Companies with defined-benefit pension plans have been hurt by the financial crisis and low interest rates, which have increased the amount of money they are required to have in their pension plans to pay future benefits.
When a pension plan is not fully funded, members face the possibility of seeing their pensions reduced if the plan is forced to wind up.
The report noted that the pension plan at Sears Canada has a $267-million shortfall, but the retailer which is in the process of liquidating has paid $1…
The report says pension regulations must expand to consider broader financial decisions within companies.
It says that in many instances, firms are complying with the minimum required payments under the rules, but they are not making up the shortfalls in the pension plans as fast as they could.
Companies with defined-benefit pension plans have been hurt by the financial crisis and low interest rates, which have increased the amount of money they are required to have in their pension plans to pay future benefits.
When a pension plan is not fully funded, members face the possibility of seeing their pensions reduced if the plan is forced to wind up.
The report noted that the pension plan at Sears Canada has a $267-million shortfall, but the retailer which is in the process of liquidating has paid $1…
Watch out for chart crimes, what to do with your Enbridge shares, and the pot stock fund dilemma
– theglobeandmail.com
A roundup of investment ideas for active investors
Drilling contractors association forecasts ‘muted stability’ in 2018
– canadianbusiness.com
CALGARY _ The association that represents Canadian oil and gas drilling companies says it expects “muted stability” for the industry in 2018 despite recent strengthening in oil prices.
The Canadian Association of Oilwell Drilling Contractors is calling for 6,138 wells to be drilled in its 2018 forecast, an increase of just 107 from the number expected to be drilled this year.
It says the Canadian rig fleet is expected to shrink by 19 to a total of 615 next year as drilling contractors continue to struggle to find capital needed to keep older equipment running and reinvest in replacement rigs.
Last month, the Petroleum Services Association of Canada said it also expects a slight recovery in drilling in Canada in 2018 versus this year but the count will still be 30 per cent lower than in 2014 when oil prices peaked at more than US$100 per barrel.
New York-traded crude closed at US$56.42 per barrel on Monday, up from lows of less than US$43 in June.
Alberta government-owned lender ATB Financial said Monday the energy sector has “stabilized” and will enjoy a modest rebound in activity next year, helping fuel 3…
The Canadian Association of Oilwell Drilling Contractors is calling for 6,138 wells to be drilled in its 2018 forecast, an increase of just 107 from the number expected to be drilled this year.
It says the Canadian rig fleet is expected to shrink by 19 to a total of 615 next year as drilling contractors continue to struggle to find capital needed to keep older equipment running and reinvest in replacement rigs.
Last month, the Petroleum Services Association of Canada said it also expects a slight recovery in drilling in Canada in 2018 versus this year but the count will still be 30 per cent lower than in 2014 when oil prices peaked at more than US$100 per barrel.
New York-traded crude closed at US$56.42 per barrel on Monday, up from lows of less than US$43 in June.
Alberta government-owned lender ATB Financial said Monday the energy sector has “stabilized” and will enjoy a modest rebound in activity next year, helping fuel 3…
