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Big banks fined more than $5B for rigging currency markets - CTV News + MORE May 20th
CTV NewsBig banks fined more than $5B for rigging currency marketsCTV NewsWASHINGTON -- A group of global banks will pay more than $5 billion in penalties and plead guilty to rigging the world's currency market, the first time in more than two decades that major players in the financial industr.... More »
Early data shows foreign nationals buying 5% of Metro Vancouver homes sold - CBC.ca + MORE Jul 8th
CBC.caEarly data shows foreign nationals buying 5% of Metro Vancouver homes soldCBC.caPreliminary data collected by the B.C. government on foreign investment in the province's sizzling real estate market shows that in Metro Vancouver five per cent of all real estate purchases were made by forei.... More »
After 100-day wait, English soccer returns and takes a knee - Sports - Castanet.net Jun 18th
After 100-day wait, English soccer returns and takes a knee - Sports Castanet.netEnglish Premier League resumes, but smaller soccer clubs face financial crisis Globalnews.caPremier League resumes with anti-racism message, tech glitch TSNPremier League return: five ta.... More »
Before the Bell: Stocks set to fall as earnings in focus + MORE Oct 17th
A look at overnight markets and what's ahead this trading day in North America
.... More »
Oatly's blockbuster IPO shows healthy appetite for plant-based living is growing - CBC.ca May 23rd
Oatly's blockbuster IPO shows healthy appetite for plant-based living is growing CBC.caThe future may be vegan but I'll hold off on the oats The TimesView Full coverage on Google News.... More »
Court greenlights $1.2-billion Mobilicity lawsuit
– theglobeandmail.com
Claim by company’s original backers alleges federal industry department broke its investment promises
Toronto mayor John Tory gets the Spadina subway blues amid mounting … – National Post
– news.google.ca
National PostToronto mayor John Tory gets the Spadina subway blues amid mounting …National PostToronto Mayor John Tory says he is furious about mounting financial “fiascos” on the taxpayer's dime and vowed to “stop the bleeding” on the latest exhibit: the Spadina subway extension. Just how badly the problem-plagued line is over budget and delayed …TTC under fire as subway construction cost skyrocketsToronto SunJohn Tory 'furious' at ballooning costs of Spadina subway extensionToronto StarMayor 'furious' about cost overruns, delays in subway extension projectCTV NewsThe Globe and Mail -Newstalk 1010 -CBC.caall 25 news articles »
Ottawa to compensate thalidomide victims with $125K each
– macleans.ca
EDMONTON – The federal government is offering a $125,000 lump-sum payment to each of Canada’s thalidomide victims, but the family of one survivor says it isn’t enough.
Health Minister Rona Ambrose says the money is tax free and intended to cover urgent health-care needs.
The long-awaited compensation package also includes a total of up to $168 million for ongoing medical assistance based on individual circumstances.
“I would like to express heartfelt sympathy and great regret for the decades of tremendous suffering and personal struggle that exposure to thalidomide has inflicted on survivors and their loved ones,” Ambrose told a news conference in Edmonton Friday.
“No regret or sympathy and no amount of financial support can ever undo what happened.
“However, today we are announcing support that will help ensure that survivors receive the care they need to live the rest of their lives with dignity.”
Ambrose said the support package would meet the needs of the 95 victims still believed to be living who are now in their mid-50s…
Health Minister Rona Ambrose says the money is tax free and intended to cover urgent health-care needs.
The long-awaited compensation package also includes a total of up to $168 million for ongoing medical assistance based on individual circumstances.
“I would like to express heartfelt sympathy and great regret for the decades of tremendous suffering and personal struggle that exposure to thalidomide has inflicted on survivors and their loved ones,” Ambrose told a news conference in Edmonton Friday.
“No regret or sympathy and no amount of financial support can ever undo what happened.
“However, today we are announcing support that will help ensure that survivors receive the care they need to live the rest of their lives with dignity.”
Ambrose said the support package would meet the needs of the 95 victims still believed to be living who are now in their mid-50s…
Business Highlights
– canadianbusiness.com
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Why 5.5 per cent unemployment isn’t as great as it seems
WASHINGTON (AP) — Unemployment in the U.S. has dropped to a seven-year low of 5.5 per cent — the level normally considered the mark of a healthy job market. Yet that number isn’t as encouraging as it might sound.
The jobless rate fell in February from 5.7 per cent mainly because many people gave up looking for work and were no longer officially counted among the unemployed, the government reported Friday. What’s more, wage gains remained sluggish last month.
Those trends suggest that the job market, while improving rapidly, isn’t quite as healthy as it looks.
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Dow reshuffle: Apple joins blue-chip index, AT&T gets booted
NEW YORK (AP) — Apple is in. AT&T is out.
In another victory of sorts for the popular and profitable iPhone giant, Apple will replace AT&T in the venerable Dow Jones industrial average on March 19, the manager of the index announced Friday.
The move isn’t likely to impact the 30-stock index much, and will have no effect on the fortunes of the two companies…
Why 5.5 per cent unemployment isn’t as great as it seems
WASHINGTON (AP) — Unemployment in the U.S. has dropped to a seven-year low of 5.5 per cent — the level normally considered the mark of a healthy job market. Yet that number isn’t as encouraging as it might sound.
The jobless rate fell in February from 5.7 per cent mainly because many people gave up looking for work and were no longer officially counted among the unemployed, the government reported Friday. What’s more, wage gains remained sluggish last month.
Those trends suggest that the job market, while improving rapidly, isn’t quite as healthy as it looks.
___
Dow reshuffle: Apple joins blue-chip index, AT&T gets booted
NEW YORK (AP) — Apple is in. AT&T is out.
In another victory of sorts for the popular and profitable iPhone giant, Apple will replace AT&T in the venerable Dow Jones industrial average on March 19, the manager of the index announced Friday.
The move isn’t likely to impact the 30-stock index much, and will have no effect on the fortunes of the two companies…
Is early retirement for this couple really in the cards?
– theglobeandmail.com
Jasper is relying on his investment portfolio – which is invested entirely in stock mutual funds – to finance their retirement goals
