Lithuania welcomes euro but wave of emigration a painful side-effect of closer ties with West + MORE Dec 31st

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The TSX outlook looks bright for October – especially for one sector + MORE Sep 29th

Canada’s benchmark stock index has been trending up since the end of January .... More »

While Vancouver and Toronto chill out, Montreal home sales post best July in 8 years + MORE Aug 5th

Forget Vancouver and Toronto _ Canada’s hottest housing market these days may be Montreal. The Greater Montreal Real Estate Board says 3,075 homes were sold in July, climbing 16 per cent compared to a year ago and the most for the month in eight years. That contrasts with Toronto, where sales .... More »
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Nearly half of investors say advisers don’t help set goals, J.D. Power report + MORE Aug 19th

TORONTO – A new survey suggests that nearly half of Canadian investors aren’t receiving basic goal-setting advice from the advisers they’re paying. The J.D. Power report found that 46 per cent of full-service Canadian investors say their adviser didn’t help them set goals bas.... More »

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 »

B.C. announces 3-day cooling period for home sales to reduce risk for buyers - CBC.ca Jul 21st

B.C. announces 3-day cooling period for home sales to reduce risk for buyers  CBC.caB.C. homebuyer protection period announced amid real estate crunch  CityNewsB.C. announces consumer protection policy for homebuyers in competitive market - BC News  Castanet.netB.C. sla.... More »

90 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.

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40 days – 2.75%

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This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.

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VILNIUS, Lithuania – When Antanas Zubavicius turns the light on in his run-down house, it’s the only light for miles. He is the last man in Dumbliuneliai, a once busy farmers’ village in Lithuania that has gradually been abandoned as its residents emigrated in search of better jobs.
“I’m not going anywhere. This is my land,” the 60-year-old says, waving at the abandoned, shuttered houses around him. “When I am gone this village is gone too.”
As Lithuania prepares to adopt the euro on Jan. 1, it is hoping that membership in the European Union’s official currency will bring a rise in investment and trade. But the Baltic country’s increasing integration with richer European countries is also having a pernicious side-effect: a wave of emigration that is emptying towns and causing worker shortages.
Emigration has been on the rise since 2004, when this country of 3 million people joined the EU, whose membership guarantees freedom of movement…

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Why the oil crash caught so many by surprise (but shouldn’t have)(AP Photo/Eric Gay)
In February 2014, I rang up Bob Hoye, a financial forecaster in Vancouver well known for his bearish outlook, to talk about where oil prices might be headed. It was an engaging and enlightening interview, and it led to this column. Here’s an excerpt:
So what does Hoye see coming down the pipe for oil, that sludgy lifeblood of the Canadian economy? “Somewhere in the next couple of months, the price advance in crude will probably have maxed out for this business cycle,” he says. “It’s easy to say that crude oil could fall to 25 per cent of its recent high. It will change things enormously.”
At the time, West Texas Intermediate oil was trading for a little more than US$100 a barrel, which, if Hoye’s forecast played out as he saw it, meant oil would soon top out and begin to plunge toward US$25 a barrel.
You can imagine what my inbox looked like in the following weeks. Messages and comments flooded in, mostly anonymous, dismissing Hoye’s forecasting record and pointing to Maclean’s dour covers about the housing market…

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60 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.

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