New Jersey lawmaker plans bill to regulate daily fantasy sports; would allow casinos to offer + MORE Nov 3rd

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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It is long past time that Canada’s congested cities began putting a price on some of their most precious real estate, says a new report from Canada’s Ecofiscal Commission.

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ATLANTIC CITY, N.J. – A lawmaker plans to introduce a bill that would regulate daily fantasy sports in the state, putting an agency widely considered the toughest gambling regulator in the country in charge of it.
Sen. Jim Whelan, a Democrat and former Atlantic City mayor, said Monday he’ll introduce a bill after conferring with the state Division of Gaming Enforcement, which would oversee daily fantasy sports play in New Jersey.
His plans come after Gov. Chris Christie ridiculed the concept during last week’s Republican presidential debate. Christie said the government has more important priorities given that terrorists are on the march overseas and financial woes abound in the United States and abroad.
The plan also comes as gambling regulators or legislators in several states are moving to regulate daily fantasy sports or considering doing so, saying they amount to gambling. Nevada gambling regulators last month required companies offering daily fantasy sports to obtain state gambling licenses…

Continue Reading On canadianbusiness.com »

REGINA – The Canadian Taxpayer’s Federation is telling the Saskatchewan government to cut up the credit card.
The federation, which is on a national tour with its debt clock, says the amount Saskatchewan is borrowing is growing too fast.
The federation says the province will have $5.7 billion of debt by the end of the year and says the amount of increasing $2.7 million per day.
Finance Minister Kevin Doherty $700 million will be borrowed this year for highways, health care facilities and joint-use schools, but says it’s necessary.
The borrowed money comes with a two per cent sinking fund attached to be paid back over 30 years, which Doherty maintains “is a responsible use of taxpayer dollars.”
The NDP opposition is also concerned with the amount the province is borrowing.
Finance critic Trent Wotherspoon says after a decade of resource wealth, “it’s shocking that the Sask. Party has to borrow or use pricey P3 rental schemes to get the infrastructure we desperately need…

Continue Reading On canadianbusiness.com »

If the incoming federal Liberal government tops up Quebec’s aid package to fund the C Series airplane, the transportation giant’s troubled stock could provide further shock to investors

Continue Reading On theglobeandmail.com »

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