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COVID-19 financial support for working seniors + MORE Apr 14th
Q. I am still working, and also receive Canada Pension Plan (CPP) and Old Age Security (OAS) benefits. If I get laid off from work, as it appears will happen soon, would I qualify for the government COVID-19 income? I am 69 years old.
–Tom
A. The Canadian government has unveiled massive financial .... More »
We have few assets. Can we skip having a will? + MORE Jun 2nd
Q: Ed, my husband and I do not have a will. We have no house but do have an RRSP, a little cash, and two children (ages 14 and 12). Should we have a will? If so, what type of will is acceptable/legal without seeing a lawyer, seeing that we do not have much in the way of assets.
—Pam
A: Pam, the .... More »
What’s on MLS: This is what $2 million buys + MORE Dec 9th
Yes, of course $2-million will let you buy a stunning urban home complete with modern remodel and architectural upgrades, but aren’t you just a little bit curious as to what else $2-million will get you in the Canadian real estate market?
Here’s a snapshot of what a $2-million (or more.... More »
Jackson Hole: Markets Ready For Hawkish Powell (Live) - Investor's Business Daily Aug 22nd
Jackson Hole: Markets Ready For Hawkish Powell (Live) Investor's Business DailyPowell, citing jobs risk, opens door to cuts but doesn't commit ReutersPowell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House AP NewsNorth Ameri.... More »
Fairfax gains approval to buy 51% stake in Indian lender + MORE Dec 30th
Canadian investment firm to acquire stake in Catholic Syrian Bank
.... More »
Dow Chemical, Carnival, Oxford Industries and Blackberry are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
The Dow Chemical Co., up $1.32 to $47.76
The chemical company is splitting its chlorine business and merging it with Olin Corp. in a cash-and-stock deal worth $5 billion.
Carnival Corp., up $2.70 to $47.12
The cruise operator swung to a fiscal first-quarter profit that exceeded Wall Street expectations and it said bookings are up.
Oxford Industries Inc., up $11.29 to $70.80
The clothing and apparel company reported better-than-expected fourth-quarter profit and met Wall Street’s revenue expectations.
Quicksilver Inc., down 35 cents to $1.90
The clothing and apparel maker said CEO Andy Mooney is being replaced by Pierre Agnes, but gave no explanation for the change.
Nasdaq
Ohr Pharmaceutical Inc., down $5.99 to $2.74
The drug developer said its experimental treatment for an eye condition that leads to blindness failed to meet a key study goal…
NYSE
The Dow Chemical Co., up $1.32 to $47.76
The chemical company is splitting its chlorine business and merging it with Olin Corp. in a cash-and-stock deal worth $5 billion.
Carnival Corp., up $2.70 to $47.12
The cruise operator swung to a fiscal first-quarter profit that exceeded Wall Street expectations and it said bookings are up.
Oxford Industries Inc., up $11.29 to $70.80
The clothing and apparel company reported better-than-expected fourth-quarter profit and met Wall Street’s revenue expectations.
Quicksilver Inc., down 35 cents to $1.90
The clothing and apparel maker said CEO Andy Mooney is being replaced by Pierre Agnes, but gave no explanation for the change.
Nasdaq
Ohr Pharmaceutical Inc., down $5.99 to $2.74
The drug developer said its experimental treatment for an eye condition that leads to blindness failed to meet a key study goal…
Chinese president promotes strong Asian co-operation for economy, stability at Boao Forum
– canadianbusiness.com
BEIJING, China – Chinese President Xi Jinping is arguing for strong China-led efforts to promote Asian economic and political co-operation while speaking a major regional economic conference.
Xi delivered the keynote address at the Boao Forum held Saturday on Hainan island in the country’s south, at which he lauded the promise of the Chinese economy despite slowing growth.
The Chinese president also celebrated what he said was a multipolar world in which all countries play equal roles in regional development and security. The comment comes as China challenges U.S. leadership in Asia by promoting its own projects such as the U.S.-shunned Asia Infrastructure Investment Bank and assertively staking territorial claims around the continent.
Xi says Asia needed to build “a community of common destiny” that would contribute to world prosperity.
The post Chinese president promotes strong Asian co-operation for economy, stability at Boao Forum appeared first on Canadian Business.
Xi delivered the keynote address at the Boao Forum held Saturday on Hainan island in the country’s south, at which he lauded the promise of the Chinese economy despite slowing growth.
The Chinese president also celebrated what he said was a multipolar world in which all countries play equal roles in regional development and security. The comment comes as China challenges U.S. leadership in Asia by promoting its own projects such as the U.S.-shunned Asia Infrastructure Investment Bank and assertively staking territorial claims around the continent.
Xi says Asia needed to build “a community of common destiny” that would contribute to world prosperity.
The post Chinese president promotes strong Asian co-operation for economy, stability at Boao Forum appeared first on Canadian Business.
