How to go about securing the best return for your investment in Canada.
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Upcoming changes to Aeroplan points, Elite Status, and credit cards Aug 14th
Air Canada has announced that some big changes are coming to its popular Aeroplan loyalty program in the new year. As of Jan. 1, 2026, members will earn Aeroplan points based on how much they spend rather than how far they fly and their fare type. Qualifying for Elite Status is also being revamped w.... More »
Australia's ruling party to choose new prime minister - CBC.ca + MORE Aug 24th
CBC.caAustralia's ruling party to choose new prime ministerCBC.caAustralia appears set to get its sixth change of prime minister in 11 years, in a ballot of government lawmakers which would continue an era of extraordinary political instability. Foreign Minister Julie Bishop is among the favour.... More »
When does it make sense to sell real estate in a larger city and buy in a smaller one? Jun 1st
Q. I am currently living in Saint John, NB, and renting ($1,450 a month + Internet—very expensive for this little town). I also own a condo in Burlington, Ont., worth about $500,000, which I have been renting out for the past two years. With income taxes factored in, the rent just covers carrying .... More »
Google Stock Falls Amid OpenAI Web Browser. ChatGPT Advertising Next? - Investor's Business Daily Oct 21st
Google Stock Falls Amid OpenAI Web Browser. ChatGPT Advertising Next? Investor's Business DailyIntroducing ChatGPT Atlas OpenAIChatGPT Atlas: OpenAI launches web browser centered around its chatbot The GuardianOpenAI launches Atlas browser to compete with Google Chro.... More »
Trump downplays importance of Russia reportedly sharing intel with Iran to help it hit US targets Mar 8th
DORAL, Fla. (AP) — President Donald Trump said Saturday that it was inconsequential if Russia has provided Iran with information to help Tehran target U.S. military personnel and assets in the Middle East as the week-old war rages..... More »
Business Highlights
– canadianbusiness.com
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Some Delta systems haven’t recovered fully from outage
DALLAS (AP) — Delta Air Lines said Tuesday that some computer systems are still working slowly more than a day after an outage crippled the airline and led to more than 1,500 cancelled flights. The system the airline uses to check in and board passengers and also dispatch its planes is still sluggish.
A critical piece of equipment failed at the airline’s Atlanta headquarters Monday, causing a loss of power, and key systems and equipment did not switch over to backups as designed.
Delta passengers endured hundreds more cancelled and delayed flights Tuesday as the carrier slogged through day two of its recovery from the meltdown.
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US stocks eke out small gains; Nasdaq sets record close
U.S. stocks recovered from a late-afternoon slide to eke out small gains Tuesday, nudging the Nasdaq composite to its second record close in less than a week.
The three major stock indexes, all of which set new highs last Friday, rebounded from a slight decline on Monday…
Some Delta systems haven’t recovered fully from outage
DALLAS (AP) — Delta Air Lines said Tuesday that some computer systems are still working slowly more than a day after an outage crippled the airline and led to more than 1,500 cancelled flights. The system the airline uses to check in and board passengers and also dispatch its planes is still sluggish.
A critical piece of equipment failed at the airline’s Atlanta headquarters Monday, causing a loss of power, and key systems and equipment did not switch over to backups as designed.
Delta passengers endured hundreds more cancelled and delayed flights Tuesday as the carrier slogged through day two of its recovery from the meltdown.
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US stocks eke out small gains; Nasdaq sets record close
U.S. stocks recovered from a late-afternoon slide to eke out small gains Tuesday, nudging the Nasdaq composite to its second record close in less than a week.
The three major stock indexes, all of which set new highs last Friday, rebounded from a slight decline on Monday…
Jury deliberates at investment banker’s inside trading trial
– canadianbusiness.com
NEW YORK, N.Y. – A jury Tuesday began deliberating the fate of a Yale University-educated investment banker who insists he never told his father to trade securities based on the insider information he shared casually with his wife and parents.
Prosecutors claim Sean Stewart conspired with his father and a broker the son never met to make trades ahead of five company mergers, producing over $1 million in illegal profits.
Stewart, 35, testified that he never imagined his father would make trades based on his mention of company names as he talked about deals he was working on while working at JPMorgan Chase & Co. and Perella Weinberg Partners LP. His father pleaded guilty in the case and was sentenced to a year of home detention.
Shortly after beginning deliberations after noon, the Manhattan federal court jury asked for a definition of insider trading. It deliberated for nearly six hours before going home for the day. Before leaving, jurors asked to receive a copy Wednesday of all of Stewart’s testimony as well as the testimony of one of the government’s chief witnesses, the broker who carried out the illegal trades…
Prosecutors claim Sean Stewart conspired with his father and a broker the son never met to make trades ahead of five company mergers, producing over $1 million in illegal profits.
Stewart, 35, testified that he never imagined his father would make trades based on his mention of company names as he talked about deals he was working on while working at JPMorgan Chase & Co. and Perella Weinberg Partners LP. His father pleaded guilty in the case and was sentenced to a year of home detention.
Shortly after beginning deliberations after noon, the Manhattan federal court jury asked for a definition of insider trading. It deliberated for nearly six hours before going home for the day. Before leaving, jurors asked to receive a copy Wednesday of all of Stewart’s testimony as well as the testimony of one of the government’s chief witnesses, the broker who carried out the illegal trades…
Financial Freedom Target: Age 50
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
I don’t believe I’ve ever shared an age-related date in a post on my site about our financial journey – until now. Inspired by Robb’s post here today’s post highlights some of our lofty financial milestones in the coming seven years.
Projected assets by the end of 2023:
I don’t believe I’ve ever shared an age-related date in a post on my site about our financial journey – until now. Inspired by Robb’s post here today’s post highlights some of our lofty financial milestones in the coming seven years.
Projected assets by the end of 2023:
Principle residence = $600,000 (conservative value). I’m assuming our house value will increase by about 2% per year going-forward to reach this amount but I’m not betting on it. We are not counting on our house for a retirement plan.
Defined benefit pension (mine) = $450,000 (conservative, commuted value). I’m very grateful for this pension. I hope to work at my current place of employment for another seven years however nothing is guaranteed.
Defined contribution pension (wife) = $400,000 (conservative, commuted value). Her defined contribution pension plan is not as good as mine but remains very valuable. I assume my wife will continue to work full time for another six to seven years until 2023…
The recent economic picture in Canada can hardly be called rosy. But despite that, the benchmark index of the Toronto Stock Exchange sits at its highest level in more than a year. We talked to market analysts to find out why this seeming disconnect exists.
Why Canadian stocks are doing so well when the economic data has been so poor – CBC.ca
– news.google.ca
CBC.caWhy Canadian stocks are doing so well when the economic data has been so poorCBC.caThe recent economic picture in Canada can hardly be called rosy. The country lost more than 31,000 jobs last month, our trade deficit is at a record high, the most recent monthly reading of GDP was the weakest in seven years and oil prices — so vital …The close: Valeant-led TSX continues to climbThe Globe and MailTSX higher for 5th straight day on soaring Valeant shares; Nasdaq sets record680 NewsValeant surge helps TSX extend 13-month highReuters CanadaFinancial Post -Daily Mail -Baystreet.ca -Reutersall 48 news articles »
