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Websites share Toronto home data after court rules sale prices can't be kept secret + MORE Dec 6th
Some websites already have selling prices posted for Toronto homes after a legal ruling saying the Toronto Real Estate Board has no right to keep sold prices secret. But real estate agencies are being cautious..... More »
Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified - IGN Oct 31st
Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified IGNWION Fineprint: Elon Musk planning layoffs at Twitter, say reports | World News | WION WIONElon Musk says Twitter will revise how it verifies users The Globe and .... More »
How financial advisors can help at different life stages Mar 22nd
When it comes to figuring out your finances and planning for the future, working with a pro can make this process easier. Canadians who feel hopeful about their financial future are more likely to be working with a financial professional, according to research by FP Canada.
Depending on you.... More »
47% of workers living paycheque to paycheque + MORE Sep 6th
TORONTO — A new survey by the Canadian Payroll Association suggests nearly half of workers are living paycheque to paycheque due to soaring spending and debt levels.
The poll found that 47 per cent of respondents said it would be difficult to meet their financial obligations if their paycheque wa.... More »
How mutual funds grew to be a $1.5-trillion industry in Canada Oct 2nd
Don’t buy into deferred sales charges funds, you have the right to pay upfront commissions instead, writes Ellen Roseman..... More »
A “secret” study carried out by the federal Finance Department says that contrary to popular belief, young Canadians aren’t struggling financially and have more wealth than any previous generation.
China stocks fall as rates rise; Aussie falls while gold rallies
– theglobeandmail.com
China’s stocks slumped by the most in a month, leading a retreat in Asian shares, after money-market rates jumped. The Aussie dollar fell on concern investment is weakening while oil resumed declines and gold advanced
WINNIPEG – The Manitoba legislature resumed for a brief pre-election sitting Wednesday with the troubled NDP government facing accusations that it is hiding bad financial news.
Opposition Leader Brian Pallister demanded the government table a full budget, instead of a planned shorter fiscal update, prior to the April 19 election. He accused Premier Greg Selinger of trying to hide details such as the extent of the deficit before voters go to the polls.
“I’d like the premier to explain to Manitobans why it is that he would hide the facts from Manitobans prior to this upcoming provincial election,” Pallister said in question period.
“Other provinces are all putting budgets forward … yet Manitobans are being kept in the dark by this premier.”
Selinger said the fiscal update planned for March 8 will contain deficit projections for the immediate future as well as revenue estimates and broad spending plans for each department. But the spending plans will be less detailed than in a full budget…
Opposition Leader Brian Pallister demanded the government table a full budget, instead of a planned shorter fiscal update, prior to the April 19 election. He accused Premier Greg Selinger of trying to hide details such as the extent of the deficit before voters go to the polls.
“I’d like the premier to explain to Manitobans why it is that he would hide the facts from Manitobans prior to this upcoming provincial election,” Pallister said in question period.
“Other provinces are all putting budgets forward … yet Manitobans are being kept in the dark by this premier.”
Selinger said the fiscal update planned for March 8 will contain deficit projections for the immediate future as well as revenue estimates and broad spending plans for each department. But the spending plans will be less detailed than in a full budget…
Lawyer: 15-year dispute with Argentina near $5B settlement
– canadianbusiness.com
NEW YORK, N.Y. – A lawyer for large U.S. hedge funds owning Argentine bonds said Wednesday that his clients have nearly settled on a $5 billion deal with Argentina to end a 15-year-old dispute that has interfered with the South American nation’s efforts to end a debt crisis and gain a healthier footing in the world’s financial markets.
Attorney Matthew McGill revealed the status of the negotiations as he told the 2nd U.S. Circuit Court of Appeals in Manhattan that he fears the courts will spoil the deal by too quickly removing orders protecting the bondholders.
“If we have just a little time, we can finish the deals,” he said. “It is so close and it would be such a tragedy if it all vaporized.”
McGill asked the 2nd Circuit to keep in place appeals that prevent lower-court orders from being lifted. But the appeals court dismissed the cases anyway, though with conditions that will ensure parties can appeal any lower-court ruling that results.
McGill said the economic terms of a $5 billion settlement on behalf of NML Capital Ltd…
Attorney Matthew McGill revealed the status of the negotiations as he told the 2nd U.S. Circuit Court of Appeals in Manhattan that he fears the courts will spoil the deal by too quickly removing orders protecting the bondholders.
“If we have just a little time, we can finish the deals,” he said. “It is so close and it would be such a tragedy if it all vaporized.”
McGill asked the 2nd Circuit to keep in place appeals that prevent lower-court orders from being lifted. But the appeals court dismissed the cases anyway, though with conditions that will ensure parties can appeal any lower-court ruling that results.
McGill said the economic terms of a $5 billion settlement on behalf of NML Capital Ltd…
