How to go about securing the best return for your investment in Canada.
Latest News
Saudi Aramco prospectus flags risks, gives few details on IPO size - Reuters Nov 10th
Saudi Aramco prospectus flags risks, gives few details on IPO size ReutersSaudi Aramco targets sale of 0.5% of state oil giant to retail investors, sources say CBC.caAramco IPO expected to lean on Saudi investors and China Al Jazeera EnglishWhat Is Aramco Worth? .... More »
Tax Implications of Receiving a Cash Gift in Canada Jan 9th
When it comes to financial transactions with loved ones, many people consider giving or receiving cash gifts. This can be especially common when the gift-giver and recipient are located in different countries. In this article, we will focus on the specific topic of cash gifts from overseas to Canada.... More »
A Case for Increased Tenant Screening during the COVID-19 Crisis Nov 13th
Even in the best of times, fiscally responsible property managers consider running a tenant screening report of critical importance. According to real estate investor Joe Killinger, determining a tenant applicant’s credit report and employment status is only the first part of the rental contract e.... More »
Google parent Alphabet boosts revenue 21% + MORE Feb 5th
Google parent company Alphabet beat Wall Street expectations for its fourth quarter earnings Monday, but its stock slid in after-hours trading..... More »
Property heading for a crash? 7 reasons why it's hard to tell: Don Pittis Apr 12th
Will real estate fall off a cliff? As Canadians wait for the latest numbers, the threat of rising interest rates is only one of the considerations affecting house prices..... More »
China’s central banker says economy can hit growth target
– canadianbusiness.com
BEIJING, China – In a new effort to dispel anxiety about China’s cooling economy, the central bank governor said Saturday the country can hit this year’s official growth target and Beijing has no need to weaken its currency to boost sagging exports.
Zhou Xiaochuan’s comments at a news conference during China’s national legislature add to a high-level public relations campaign by Beijing to reassure global financial markets about the stability of the world’s second-largest economy following stock and currency turmoil.
Zhou expressed confidence the economy can hit its official growth target, which the ruling Communist Party lowered this year to 6.5 to 7 per cent from last year’s “about 7 per cent.” Growth fell last year to a 25-year low of 6.9 per cent, though that still was among the world’s highest.
Economic growth has declined steadily over the past five years as Beijing carries out a marathon effort to nurture domestic demand and reduce reliance on a worn-out model based on trade and investment…
Zhou Xiaochuan’s comments at a news conference during China’s national legislature add to a high-level public relations campaign by Beijing to reassure global financial markets about the stability of the world’s second-largest economy following stock and currency turmoil.
Zhou expressed confidence the economy can hit its official growth target, which the ruling Communist Party lowered this year to 6.5 to 7 per cent from last year’s “about 7 per cent.” Growth fell last year to a 25-year low of 6.9 per cent, though that still was among the world’s highest.
Economic growth has declined steadily over the past five years as Beijing carries out a marathon effort to nurture domestic demand and reduce reliance on a worn-out model based on trade and investment…
