How to go about securing the best return for your investment in Canada.
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How to make more money in Canada: 6 side hustle ideas Mar 6th
Six ideas for earning extra money
Drive for a ridesharing or delivery service Turn your hobby into a side businessStart freelancingRent out your carGet paid for filling out surveysMake money on social media
How do you start a side hustle?
As inflation skyrocketed and prices for everyday .... More »
Nvidia Stock Rises on Earning Beat but the Outlook Disappoints - Barron's + MORE May 28th
Nvidia Stock Rises on Earning Beat but the Outlook Disappoints Barron'sNvidia to report Q1 earnings as Middle East deals, export control reprieve boost stock Yahoo FinanceDow Jones Futures Rise As Court Blocks Trump Tariffs; Nvidia Jumps On Earnings Investor's Busine.... More »
Will AstraZeneca’s Covid-19 Troubles Help Pfizer Stock? - Forbes Mar 18th
Will AstraZeneca’s Covid-19 Troubles Help Pfizer Stock? ForbesView Full coverage on Google News.... More »
Pension fund manager OMERS earns 11.5 per cent return after all expenses in 2017 + MORE Feb 24th
TORONTO _ Pension fund manager OMERS earned an investment return of 11.5 per cent after all expenses last year, topping the 10.3 per cent result it posted in 2016.
The defined-benefit pension plan for Ontario’s municipal employees said all of its major asset classes performed well for the year.... More »
Economy grew at 3.9 per cent rate in spring, helped by stronger consumer and business spending + MORE Sep 25th
WASHINGTON – The U.S. economy grew at an even faster clip in the spring than previously estimated. But that growth likely slowed in the summer, held back by global headwinds and turbulent financial markets.
The overall economy expanded at an annual rate of 3.9 per cent in the April-June quarte.... More »
Some grifters are hard to spot
– moneysense.ca
Finding a good financial adviser is the key to a good financial plan. (Photo caption by Martin Barraud/Getty Images)Last fall I bought a house, and wouldn’t you know it, I didn’t even make it through my first spring without the roof leaking. So I called a big-name Toronto roofing company and they sent out an estimator to have a look.
I liked the guy as soon as I answered the door—he was affable and Irish, with a bit of a twinkle in his eye. He did a very thorough inspection of my roof before putting together a detailed written quote.
He took me through it carefully, and answered all my questions knowledgeably. By the time we got to the end of it, I was thinking I wouldn’t bother to get any more quotes. But then he told me the cost, and I almost fell over. In a calm and steady voice, he informed me that getting my little row house’s roof redone would cost me $26,000. “Thanks,” I choked out. “But I think I might get a couple more quotes before deciding.”
I did get a few more quotes, and they all fell within the $5,000 to $7,000 range…
Anheuser-Busch InBev shareholders approve Goudet as next chairman
– canadianbusiness.com
NEW YORK, N.Y. – Anheuser-Busch InBev shareholders have approved Olivier Goudet as their next chairman.
Goudet, an independent board member, succeeds Kees Storm in the post. He will serve as chairman for four years.
Goudet is the CEO of JAB Holding Co, which has stakes in businesses such as cosmetics maker Coty Inc. and Peet’s Coffee & Tea Inc. He’s also served as chief financial officer at Mars Inc., according to a biography on the Anheuser-Busch InBev website.
Anheuser-Busch InBev’s brands include Budweiser, Bud Light, Corona and others. On Wednesday, Anheuser-Busch apologized for ad copy that appeared on bottles saying Bud Light removes the word “no” from drinkers’ vocabulary. There were widespread complaints about the slogan.
Shares of Anheuser-Busch InBev NV added 33 cents to $119.99 in Thursday morning trading.
The post Anheuser-Busch InBev shareholders approve Goudet as next chairman appeared first on Canadian Business – Your Source For Business News.
Goudet, an independent board member, succeeds Kees Storm in the post. He will serve as chairman for four years.
Goudet is the CEO of JAB Holding Co, which has stakes in businesses such as cosmetics maker Coty Inc. and Peet’s Coffee & Tea Inc. He’s also served as chief financial officer at Mars Inc., according to a biography on the Anheuser-Busch InBev website.
Anheuser-Busch InBev’s brands include Budweiser, Bud Light, Corona and others. On Wednesday, Anheuser-Busch apologized for ad copy that appeared on bottles saying Bud Light removes the word “no” from drinkers’ vocabulary. There were widespread complaints about the slogan.
Shares of Anheuser-Busch InBev NV added 33 cents to $119.99 in Thursday morning trading.
The post Anheuser-Busch InBev shareholders approve Goudet as next chairman appeared first on Canadian Business – Your Source For Business News.
Puerto Rico’s economy in limbo after legislators reject governor’s tax proposal
– canadianbusiness.com
SAN JUAN, Puerto Rico – Legislators struck down a key part of a plan to overhaul the island’s tax system early Thursday, raising concerns about the U.S. territory’s economic future and its ability to pay off a heavy public debt.
Legislators voted 28-22 to reject Gov. Alejandro Garcia Padilla’s call for a 16 per cent value-added tax, and they failed to agree on an alternative way to raise revenues after some nine hours of debate that began Wednesday night.
Garcia issued a sharply worded statement accusing the island’s House of Representatives of being irresponsible and warning that economic development could stagnate.
“This action can bring negative consequences to the island’s financial stability, putting into danger the continuity of public services, the retirement system, debt payments and health services,” Garcia said.
House President Jaime Perello said he will take disciplinary measures against the six legislators of Garcia’s party who voted against the measure…
Legislators voted 28-22 to reject Gov. Alejandro Garcia Padilla’s call for a 16 per cent value-added tax, and they failed to agree on an alternative way to raise revenues after some nine hours of debate that began Wednesday night.
Garcia issued a sharply worded statement accusing the island’s House of Representatives of being irresponsible and warning that economic development could stagnate.
“This action can bring negative consequences to the island’s financial stability, putting into danger the continuity of public services, the retirement system, debt payments and health services,” Garcia said.
House President Jaime Perello said he will take disciplinary measures against the six legislators of Garcia’s party who voted against the measure…
Goldcorp posts loss as gold prices decline
– theglobeandmail.com
First-quarter earnings that missed analysts’ estimates
Imperial Oil’s Q1 profit falls 55% to $421 million due to lower oil prices
– canadianbusiness.com
CALGARY – Imperial Oil Ltd. (TSX:IMO) says its first-quarter net income was down 55 per cent from a year ago, dropping to $421 million as a result of the global decline in oil prices.
The Calgary-based oil and gas company said that it partially offset the effect of lower crude prices with higher production, which was up about 3,000 barrels per day from last year to the equivalent of 333,000 barrels per day.
Imperial’s share of production from the Kearl oilsands operation was 67,000 barrels, up significantly both from the year-earlier period when Imperial’s share was 50,000 barrels and the fourth quarter of 2014.
Production at its older Cold Lake oilsands operation also increased to 152,000 barrels of bitumen per day, up from 147,000.
Even still, Imperial’s earnings dropped to 50 cents per share from $1.11 per share or $946 million in last year’s first quarter.
The post Imperial Oil’s Q1 profit falls 55% to $421 million due to lower oil prices appeared first on Canadian Business – Your Source For Business News.
The Calgary-based oil and gas company said that it partially offset the effect of lower crude prices with higher production, which was up about 3,000 barrels per day from last year to the equivalent of 333,000 barrels per day.
Imperial’s share of production from the Kearl oilsands operation was 67,000 barrels, up significantly both from the year-earlier period when Imperial’s share was 50,000 barrels and the fourth quarter of 2014.
Production at its older Cold Lake oilsands operation also increased to 152,000 barrels of bitumen per day, up from 147,000.
Even still, Imperial’s earnings dropped to 50 cents per share from $1.11 per share or $946 million in last year’s first quarter.
The post Imperial Oil’s Q1 profit falls 55% to $421 million due to lower oil prices appeared first on Canadian Business – Your Source For Business News.
