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Making sense of the markets this week: November 27, 2022 Nov 25th
This week, Cut the Crap Investing founder, Dale Roberts, shares financial headlines and offers context for Canadian investors.
It’s wonderful to be back writing “Making sense of the markets this week” at MoneySense. I am gladly filling in for a few weeks while Kyle Prevost is away on a drea.... More »
Canadians spending less on gifts (and donations) for the 2023 holiday season + MORE Nov 10th
The holiday season is coming, and it’s not looking very merry, money-wise. Canadians are facing a bundle of financial pressures, including inflation, high interest rates, mounting personal debt and lingering fears of a recession. No doubt, life in Canada is getting more expensive. And as retailers.... More »
Private Equity Investments: How to protect yourself against the risks + MORE Dec 17th
For high net worth investors, the sustained growth of private equity markets in recent years is providing an attractive proposition. Out have gone the hedge funds that seemed to be more in vogue with investors before the global financial crisis. And in comes the private equity market; buoyed a gener.... More »
China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai Jul 27th
HONG KONG (AP) — Shares of CXMT, China's largest memory chipmaker, soared Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years..... More »
Despite tariff pause, uncertainty hangs over Canadian economy - CTV News Feb 4th
Despite tariff pause, uncertainty hangs over Canadian economy CTV NewsThe trade war is off — but for how long? CBC.caTrump Tariffs Delay Lets Stock Markets Breathe. Why China Could Change That and 4 Other Things to Know Today. Barron'sBell: Trudeau no hero — Dani.... More »
How to talk to your kids about college costs
– canadianbusiness.com
College tuition may be daunting, but so are the conversations about how to pay for it.
Experts say it pays off for parents talk with children early and often about how to cover higher education costs. Here are a few of their tips:
START EARLY: Start talking to your kids as young as possible, said Judith Ward, a senior financial planner at T. Rowe Price.
Casual conversations at an early age about where you went to college and that you are saving for their education helps sets the expectation that they will go. As they grow older, she suggests talking more specifically about how much is being set aside.
BE SPECIFIC: Keith Bernhardt, vice-president of Fidelity’s college savings program, said that by 9th or 10th grade those conversations should still be positive but more specific in terms of available funds. By 11th grade, talk about schools of interests and look closer into costs and aid options together. Get your financial aid application in early in their senior year and make sure they understand the pros and cons of all options…
Experts say it pays off for parents talk with children early and often about how to cover higher education costs. Here are a few of their tips:
START EARLY: Start talking to your kids as young as possible, said Judith Ward, a senior financial planner at T. Rowe Price.
Casual conversations at an early age about where you went to college and that you are saving for their education helps sets the expectation that they will go. As they grow older, she suggests talking more specifically about how much is being set aside.
BE SPECIFIC: Keith Bernhardt, vice-president of Fidelity’s college savings program, said that by 9th or 10th grade those conversations should still be positive but more specific in terms of available funds. By 11th grade, talk about schools of interests and look closer into costs and aid options together. Get your financial aid application in early in their senior year and make sure they understand the pros and cons of all options…
GM Canada pledges to wipe out pension shortfall in new contract – The Globe and Mail
– news.google.ca
The Globe and MailGM Canada pledges to wipe out pension shortfall in new contractThe Globe and MailGeneral Motors of Canada Co. has pledged to eliminate the $2.6-billion deficit in the pension plans for its unionized workers and retirees as part of a new contract negotiated between the company and Unifor. The auto maker's 29,000 retirees in Canada …GM agreement with union promises $12000 in worker bonuses, $554M investment in Canadian plantsFinancial PostGM workers in Oshawa raise questions about new labour deal as they vote on pact Sundaydurhamregion.comUnionized workers at GM voting on new contract in three Ontario citiesCTV NewsThe Detroit News -Reuters Canada -Detroit Free Press -CBC.caall 16 news articles »
