Linamar stock jumps in wake of $1.2-billion MacDon deal + MORE Dec 15th

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Oil giant Saudi Aramco makes a historic $161B profit in 2022 - Business News - Castanet.net Mar 12th

Oil giant Saudi Aramco makes a historic $161B profit in 2022 - Business News  Castanet.netSaudi Aramco Posts Blowout Annual Profit and Raises Dividend  BNN BloombergSaudi oil giant Aramco posts record $161 billion profit for 2022  CNBCSaudi Aramco’ s $161bn profit is .... More »

AltaGas selling assets in Canada and the U.S. for $560 million Sep 10th

AltaGas says the proceeds from the sales will be used to repay debt related to its acquisition of Washington, D.C.-based energy utility company WGL Holdings, Inc., which closed in July..... More »
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Pakistan Requests IMF Bailout Talks Oct 8th

Pakistan, the flagship country for China’s global infrastructure initiative, said it needed a bailout from the International Monetary Fund, amid growing concerns that Beijing’s program is pushing recipient countries into financial crisis..... More »

Andrew Scheer's experience in the insurance industry: '6 or 7 months' - CBC.ca Sep 30th

Andrew Scheer's experience in the insurance industry: '6 or 7 months'  CBC.caScheer accused of breaking law, falsely claiming he was once an insurance broker  National PostAndrew Scheer Defends Views On Pride Parades, Climate Change On Popular Quebec TV Show  HuffPost C.... More »

Canada's ultra-wealthy getting richer faster than the rest of us, report shows Sep 9th

Canada ranks fifth in the world when it comes to its population of people that have a net worth of at least $30 million US — beating out the likes of Switzerland and Hong Kong — according to a new wealth study..... More »
It’s Linamar’s best day on the market since Nov. 7, when it reported a drop in third-quarter earnings compared with a year ago and missed analyst estimates

Continue Reading On theglobeandmail.com »

Q: I was married to a Navy man, went through mediation and it was in our divorce settlement that I was entitled to receive half of his military pension. I thought I had to wait until he turned 65 to be entitled to half but I’ve been told that as soon as he left the Navy he was getting his pension. So I’m not sure if I can receive the split pension or not. How do I find out?
—Deborah
A: Mediation is a wonderful way to settle marital disputes. Unfortunately, some mediators do not come from a financial background and therefore sometimes things get missed or misrepresented.
Once a settlement is mediated, it is always best that each participant receives independent legal advice and it is at this point that your entitlement and access to the pension should have been discussed. I am not clear on how long ago this actually took place, however in 2015, the pension legislation in Canada was changed.
Since this time, an individual entitled to equalization of pension had immediate access to transfer this pension to their personal Locked-in RRSP…

Continue Reading On moneysense.ca »

The agreed measures will end anonymous transactions on virtual currency platforms and with pre-paid payment cards

Continue Reading On theglobeandmail.com »

The loo Prince Harry used, and other questions of taste in the sale of Meghan Markle’s homeA Toronto house once rented by actor Meghan Markle is shown in a handout photo. (Freeman Real Estate Ltd./CP)
Ten Yarmouth Road is mostly like the other houses in Toronto’s Seaton Village neighbourhood: A single-family detached home with three bedrooms, two baths and an eat-in kitchen. It’s a “perfect home for entertaining,” reads the unassuming real estate listing on Realtor.ca, but it’s who was entertained here that matters—Prince Harry, who for months arrived incognito via dark SUV, to court future princess Meghan Markle.
Officially, the listing uses no royal name-dropping. Unofficially, the not-so-subtle staging lets Union Jack throw pillows wink at nosy royal watchers. A so-called “open house” last weekend checked the IDs of 150 visitors, let in one at a time, who lined up in sub-zero temperatures to catch a glimpse of behind-the-scenes royal life. No doubt all claimed to be legit would-be buyers of the home, listed for nearly $1.4 million.
Media were strictly prohibited from the home, which Markle rented, as was the re-use of stylish promotional photos (ultimately plastered across newspapers on both sides of the ocean and in every corner of the Internet)…

Continue Reading On macleans.ca »

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