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10 podcasts to amp up your investing and financial confidence May 3rd
Q. I’m 30 years old and would like to learn more about saving, budgeting, debt management, mortgages, taxes, investing and basic economics. I prefer podcasts to reading books and newspapers, mainly because I can listen to them on my walks or while exercising. Could you recommend a few that are tar.... More »
High-speed rail connecting Vancouver, Seattle, and Portland worth the cost: report - Daily Hive + MORE Jul 16th
High-speed rail connecting Vancouver, Seattle, and Portland worth the cost: report Daily HiveHigh speed rail from Vancouver to Seattle, Portland 'worth the investment,' study says CBC NewsHigh-speed rail link would run from Vancouver to Seattle in under 1 hour: study .... More »
How to Claim Work-From-Home Expenses on Your Taxes + MORE Mar 30th
Working from home during the pandemic has given many Canadians more flexibility and work-life balance—and it might also help them lower their taxes.
According to the Canada Revenue Agency, you can claim home office expenses if you were required by your employer to work remotely due to the.... More »
Global policymakers seek to reassure after market turbulence Jan 23rd
DAVOS, Switzerland – At the end of another turbulent week in financial markets, leading global policymakers sought Saturday to ease concerns over the economic outlook for 2016 and insisted that the slowdown in China is a natural turn for an economy in transition.
A high-level panel of finance .... More »
RBC’s discount broker launches international trading—what to know before you invest + MORE Dec 10th
RBC Direct Investing recently became the only Canadian bank-owned discount brokerage to allow self-directed investors to buy securities trading internationally on several non-North American stock exchanges. It’s not the only option in Canada for investors, though. Interactive Brokers Canada, for e.... More »
Light rail, longer monorail could make Las Vegas more mobile, cost $12 billion plus
– canadianbusiness.com
LAS VEGAS, Nev. – Those trademark Las Vegas lights may one day woosh by windows of a light rail train ferrying visitors from the airport to casino lobbies.
Local transportation leaders are floating a 30-year-plan that could cost more than $12 billion involving everything from wider sidewalks and more pedestrian bridges crisscrossing the Las Vegas Strip to extra monorail stops and planning for a light rail route linking the airport to downtown.
It’s Sin City’s gamble to keep travellers coming to its casinos and convention centres well into the future.
“We can continue to pursue the status quo, as we have historically,” states the Transportation Investment Business Plan from the Regional Transportation Commission of Southern Nevada. But that would mean severe consequences to the area’s tourist- driven economy that competes with destinations already connecting their airports and city centres with mass transit, it notes.
The plan was born from a single group of transit officials, tourism leaders, taxi owners, hoteliers — some of whom had never spoken before until the CEO of the Las Vegas Convention and Visitors Authority convened them two years ago, tasking them to leave self-interest aside…
Local transportation leaders are floating a 30-year-plan that could cost more than $12 billion involving everything from wider sidewalks and more pedestrian bridges crisscrossing the Las Vegas Strip to extra monorail stops and planning for a light rail route linking the airport to downtown.
It’s Sin City’s gamble to keep travellers coming to its casinos and convention centres well into the future.
“We can continue to pursue the status quo, as we have historically,” states the Transportation Investment Business Plan from the Regional Transportation Commission of Southern Nevada. But that would mean severe consequences to the area’s tourist- driven economy that competes with destinations already connecting their airports and city centres with mass transit, it notes.
The plan was born from a single group of transit officials, tourism leaders, taxi owners, hoteliers — some of whom had never spoken before until the CEO of the Las Vegas Convention and Visitors Authority convened them two years ago, tasking them to leave self-interest aside…
OTTAWA – Canada’s new infrastructure minister says projects that are shovel-ready and meet the Liberal government’s national objectives will get some of the billions in new federal cash being made available.
Infrastructure Minister Amarjeet Sohi says those big objectives are threefold: grow the economy, create jobs and make the country more sustainable.
Sohi says shovel ready projects mean a municipality has done all the relevant studies, public consultation and planning — to qualify for financial help from the federal government.
He accused the Harper Conservatives of announcing money for projects that weren’t ready to begin so they could reap some political capital.
“We want to create a process where I don’t go out and make announcements without even consulting with my departmental staff or getting their input or not even having an application in for that project,” Sohi said in an interview with The Canadian Press.
“We will develop some processes that bring in more accountability and also more transparency…
Infrastructure Minister Amarjeet Sohi says those big objectives are threefold: grow the economy, create jobs and make the country more sustainable.
Sohi says shovel ready projects mean a municipality has done all the relevant studies, public consultation and planning — to qualify for financial help from the federal government.
He accused the Harper Conservatives of announcing money for projects that weren’t ready to begin so they could reap some political capital.
“We want to create a process where I don’t go out and make announcements without even consulting with my departmental staff or getting their input or not even having an application in for that project,” Sohi said in an interview with The Canadian Press.
“We will develop some processes that bring in more accountability and also more transparency…
5 signs you’re a financial disaster
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
Managing money is simple but it doesn’t mean it’s easy. I’ve been guilty of some of these things in the past. I wasn’t off the rails but close enough to take initiative to get my financial act together. Here are 5 signs you might be a financial disaster.
Managing money is simple but it doesn’t mean it’s easy. I’ve been guilty of some of these things in the past. I wasn’t off the rails but close enough to take initiative to get my financial act together. Here are 5 signs you might be a financial disaster.
You don’t have an emergency fund.
A fact of life is…life happens and bad things go with it. $hit breaks down. These realities often require us to fork over money. An emergency fund provides some piece of mind when you’re losing yours. I think if you don’t have a small emergency fund (whatever that amount might be for you) you’re running some financial risk.
You don’t budget – to some degree.
We don’t have a strict budget in our house but rather a bi-weekly forecast of expenses. You can see what I mean here. A budget helps you pay the bills, pay yourself, and keep some money left over to have some fun. All three of these things are good things in my book…
St. Lawrence Seaway hopes for smooth sailing after traffic falls 10 per cent
– canadianbusiness.com
MONTREAL – The St. Lawrence Seaway is expected to end the year with cargo traffic down almost 10 per cent, but the weather phenomenon known as El Nino and a strengthening economy are buoying hopes of a turnaround next year.
Terence Bowles, CEO of the St. Lawrence Seaway Management Corp., had anticipated growing global demand for this shipping season, but ultimately the key transportation corridor couldn’t sustain the big upswing since the 2008 financial crash.
“We were hoping this would just keep going,” he said in an interview. “But I think the economy has run into a bit of a rough patch and that was reflected in our numbers.”
Heavy ice caused another late start to the season, with the amount of grain, iron ore and coal shipped along the 3,700-kilometre waterway all down. Coal sustained the biggest drop, falling nearly 38 per cent.
Coal is under stress as Ontario and the United States continue to wean themselves off the fuel, Bowles said, adding that the export business to Europe has also dried up as low prices no longer make it economic to ship low sulphur coal from the U…
Terence Bowles, CEO of the St. Lawrence Seaway Management Corp., had anticipated growing global demand for this shipping season, but ultimately the key transportation corridor couldn’t sustain the big upswing since the 2008 financial crash.
“We were hoping this would just keep going,” he said in an interview. “But I think the economy has run into a bit of a rough patch and that was reflected in our numbers.”
Heavy ice caused another late start to the season, with the amount of grain, iron ore and coal shipped along the 3,700-kilometre waterway all down. Coal sustained the biggest drop, falling nearly 38 per cent.
Coal is under stress as Ontario and the United States continue to wean themselves off the fuel, Bowles said, adding that the export business to Europe has also dried up as low prices no longer make it economic to ship low sulphur coal from the U…
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch in Canadian business this week:
StatCan: The federal agency is out with an array of data this week, including the monthly manufacturing survey for October on Tuesday, the international securities transactions for the same month on Wednesday and wholesale trade figures and the consumer price index on Friday. All the numbers help paint a picture of the state of Canada’s economy.
Bank of Canada: The central bank releases its latest financial system review on Tuesday in Ottawa, followed by a news conference by governor Stephen Poloz. The review highlights key financial vulnerabilities and potential triggers that threaten the stability of Canada’s financial system.
Valeant: The embattled Valeant Pharmaceuticals hosts an investor day on Wednesday in Montreal. A U.S. Senate committee on aging recently held the first of a series of hearings on rising drug costs that focused on the practices of companies like Valeant Pharmaceuticals and the U.S.-based Turing Pharmaceuticals…
StatCan: The federal agency is out with an array of data this week, including the monthly manufacturing survey for October on Tuesday, the international securities transactions for the same month on Wednesday and wholesale trade figures and the consumer price index on Friday. All the numbers help paint a picture of the state of Canada’s economy.
Bank of Canada: The central bank releases its latest financial system review on Tuesday in Ottawa, followed by a news conference by governor Stephen Poloz. The review highlights key financial vulnerabilities and potential triggers that threaten the stability of Canada’s financial system.
Valeant: The embattled Valeant Pharmaceuticals hosts an investor day on Wednesday in Montreal. A U.S. Senate committee on aging recently held the first of a series of hearings on rising drug costs that focused on the practices of companies like Valeant Pharmaceuticals and the U.S.-based Turing Pharmaceuticals…
