How to go about securing the best return for your investment in Canada.
Latest News
A guide to free tuition with OSAP and CSG + MORE Sep 13th
Alisha Gordon, an Indigenous undergraduate at the University of Calgary, will have less than $1,000 in student debt at the end of her four-year degree. Like many students in Canada, she’s benefitted from the federal and provincial governments’ efforts to reduce the cost.... More »
How to start saving for retirement at 45 + MORE Mar 13th
Saving for retirement at age 45 means you’ll have a 20-year runway toward a traditional age 65 retirement. But what’s your starting point? The National Bank of Canada suggests that by age 40 you should have 2.1 times your annual income saved for retirement, while the U.S.-based firm Fidelity rec.... More »
Shire said to be in advanced talks to acquire U.S. drugmaker Baxalta Jan 3rd
Shire Plc is in advanced talks to acquire Baxalta Inc. for about $32-billion in cash and stock, excluding debt, according to people familiar with the matter
.... More »
What Does Silicon Valley Bank’s Collapse Mean for Canadians? Mar 24th
The collapse of Silicon Valley Bank, or SVB, earlier this month has been sending shockwaves throughout North America’s tech and banking industries. The lender, based in Santa Clara, Calif., had clients that included start-ups like HR and payment firm Rippling and major tech companies like Roku. It.... More »
How to Workish from home like a pro + MORE Jul 26th
From boosting employee engagement to the freedom of telecommuting to saving costs on Splenda for the break room, companies other than IBM are embracing the notion of performing jobs from far-off distances like the J.J. Bean on Davie.
But working from home can be like visiting Toronto’s la.... More »
Mortgage broker kicked off website for offering too low rate
– theglobeandmail.com
Vancouver-based Spin Mortgage’s 2.44 per cent 5-year rate with restrictions proves unacceptable to real estate website RateHub
$900 million investment by 2 US funds will allow Mexico to complete pipeline to import US gas
– canadianbusiness.com
MEXICO CITY – Mexico’s state-owned petroleum company Pemex has signed an agreement giving two investment funds a 45 per cent stake in a natural gas pipeline in exchange for $900 million.
The Los Ramones pipeline will transport natural gas from Texas to Mexico and is intended to facilitate imports of cheap U.S. gas and lower Mexico’s high commercial electricity rates.
Mexico built the first part of the Los Ramones project, from the U.S. border to the northern Mexico village of Los Ramones in Nuevo Leon state. But Pemex has been battered by budget cuts and low oil prices and sought help to finish the line.
Pemex said Thursday that the second stage extending the pipeline to the central city of Guanajuato will be built with the investment from BlackRock and First Reserve.
The post $900 million investment by 2 US funds will allow Mexico to complete pipeline to import US gas appeared first on Canadian Business.
The Los Ramones pipeline will transport natural gas from Texas to Mexico and is intended to facilitate imports of cheap U.S. gas and lower Mexico’s high commercial electricity rates.
Mexico built the first part of the Los Ramones project, from the U.S. border to the northern Mexico village of Los Ramones in Nuevo Leon state. But Pemex has been battered by budget cuts and low oil prices and sought help to finish the line.
Pemex said Thursday that the second stage extending the pipeline to the central city of Guanajuato will be built with the investment from BlackRock and First Reserve.
The post $900 million investment by 2 US funds will allow Mexico to complete pipeline to import US gas appeared first on Canadian Business.
Google pays new CFO Ruth Porat $70-million to leave Wall Street
– theglobeandmail.com
Google’s new chief financial officer, Ruth Porat, is being paid more than $70-million (U.S.) for defecting from the same job at investment bank Morgan Stanley.
Business Highlights
– canadianbusiness.com
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How gov’t aims to protect low-income users of ‘payday’ loans
WASHINGTON (AP) — Each month, more than 200,000 needy U.S. households take out what’s advertised as a brief loan.
Many have run out of money between paychecks. So they obtain a “payday” loan to tide them over. Problem is, such loans can often bury them in fees and debts. Their bank accounts can be closed, their cars repossessed.
The Consumer Financial Protection Bureau proposed rules Thursday to protect Americans from stumbling into what it calls a “debt trap.” At the heart of the plan is a requirement that payday lenders verify borrowers’ incomes before approving a loan.
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Co-pilot was ‘very happy’ with Germanwings job
MONTABAUR, Germany (AP) — Andreas Lubitz never appeared anything but thrilled to have landed a pilot’s job with Germanwings, according to those who helped him learn to fly as a teenager in this town in the forested hills of western Germany…
How gov’t aims to protect low-income users of ‘payday’ loans
WASHINGTON (AP) — Each month, more than 200,000 needy U.S. households take out what’s advertised as a brief loan.
Many have run out of money between paychecks. So they obtain a “payday” loan to tide them over. Problem is, such loans can often bury them in fees and debts. Their bank accounts can be closed, their cars repossessed.
The Consumer Financial Protection Bureau proposed rules Thursday to protect Americans from stumbling into what it calls a “debt trap.” At the heart of the plan is a requirement that payday lenders verify borrowers’ incomes before approving a loan.
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Co-pilot was ‘very happy’ with Germanwings job
MONTABAUR, Germany (AP) — Andreas Lubitz never appeared anything but thrilled to have landed a pilot’s job with Germanwings, according to those who helped him learn to fly as a teenager in this town in the forested hills of western Germany…
The financial lessons of 'Game of Thrones'
– canoe.ca
If you ever find yourself at a fan convention for the popular HBO series Game of Thrones, look at the person next to you.
