China warns protectionism puts global economy at risk as G20 summit opens + MORE Sep 4th

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The wrong way to pay off debt + MORE Sep 7th

I’ve always believed that anyone substantially mired in debt has no business fantasizing about retirement. For me, this extends even to a home mortgage, which is why I often say “the foundation of financial independence is a paid-for home.” Sadly, however, it’s a fact that many Canadian sen.... More »
Canada-EU trade deal ‘best’ Europe has negotiated: JunckerPresident Jean-Claude Juncker of the European Commission arrives at the Hangzhou Exhibition Center to participate in G20 Summit, Sunday, Sept. 4, 2016 in Hangzhou, China. (Etienne Oliveau/Pool Photo via AP)
HANGZHOU, China – The president of the European Commission told the G20 summit that Europe’s free trade deal with Canada is the “best and most-progressive” trade agreement the EU has ever negotiated.
Speaking at the G20 on Sunday in China, Jean-Claude Juncker said the agreement deserved the full support of the EU’s member states and rapid ratification.
“Our new trade deal with Canada – CETA – is the best and most-progressive agreement we have ever, as a European Union, negotiated,” Juncker told reporters in Hangzhou.
“On top of the new opportunities it creates for businesses and citizens it also marks the new approach to investment protection that is transparent and that is impartial.”
Canada and the EU have committed to signing the deal this year and ratification in 2017…

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The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese President Xi Jinping said at the opening of the G20 summit.

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CBC.caChina warns protectionism puts global economy at risk as G20 summit opensCBC.caThe global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese President Xi Jinping said at the opening of the G20 summit. His warning on Sunday followed bilateral talks with Barack Obama that …G20 summit opens amid concerns over growth, trade disputesCTV NewsUS and China formally join historic Paris climate agreement; Canada not yet readyThe Globe and MailChina's president Xi Jinping sombre about world economy at G20, warns against protectionismGlobalnews.caFinancial Times -CNN -Washington Post -BBC Newsall 2,320 news articles »

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HANGZHOU, China – Chinese President Xi Jinping called Sunday for leaders of the United States, Germany and other major economies to resist pressure to raise trade barriers as they opened a summit amid sluggish global growth and disputes over China’s steel exports and Apple’s Irish tax bill.
China made trade a theme of the Group of 20 meeting even as Beijing faces complaints it is flooding world markets with low-cost steel, fueling demands for trade curbs. The president of the European Commission highlighted the conflict by calling for the summit to take action.
Opening the two-day meeting in this lakeside city southwest of Shanghai, Xi called for more innovation to spur economic growth and reforms to global financial and economic management. He appealed for co-operation in taxes, anti-corruption and measures to “improve the ability of the world economy to resist risks.”
Chinese officials said earlier that Beijing would propose a plan to boost trade and innovation through regulatory changes and closer government co-operation…

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Put it on my card…or not

– canadianbusiness.com

If people put everything from groceries to gas on credit cards to earn rewards, why not college tuition?
Many colleges and universities let you pay with plastic, and some people do. But it can be a very poor financial decision, and it may cost you more in the long run.
Sallie Mae’s report “How America Pays for College 2016” found that about 2 per cent of families with students used credit cards to pay for college costs, putting an average of $4,443 on the cards for tuition and other expenses to attend school. About 5 per cent of students used credit cards, charging about $1,615. But here are some things to think about before you put down the plastic:
CONVENIENCE FEES: Students and families who pay tuition bills with a credit card incur, on average, a “convenience fee” of 2.62 per cent, according to a recent Creditcard.com survey of 300 of the largest U.S. public, private and community colleges. That means if you are paying $10,000 in tuition, you are also facing $262 in fees…

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