Obama to use Lehman anniversary to cite economic progress, caution against shutdown or default + MORE Sep 14th

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How much credit card debt does the average Canadian have? Jun 21st

As the country re-opens after COVID-related restrictions, Canadians are faced with a worrying financial picture. Many have moved, others are looking to travel, and the cost of living is ballooning with unusual rates of inflation. Meanwhile, the Bank of Canada (BoC) rate hikes designed to curb these .... More »

Andrew McCreath’s Forge First buys Sui Generis + MORE Oct 30th

Andrew McCreath, president and chief executive officer of Forge First Asset Management Inc., said his firm has purchased Sui Generis Investment Partners .... More »

Five things to watch for in the Canadian business world in the coming week Aug 2nd

TORONTO – Five things to watch for in Canadian business this week: Dairy: Canadian dairy giant Saputo holds its annual meeting in Laval, Que., on Tuesday, followed by a first-quarter earnings conference call later in the day. The company has taken a hit from the decline in global cheese prices.... More »

James Piereson: The Truth About the 'One Percent' + MORE Feb 17th

The typical 'rich' person works for a salary. Only 18% are in the financial industry..... More »
 real estate

What it takes to retire at 45 + MORE Feb 6th

Q: I’m 27 years old with a relatively healthy income of around $125,000. I’m aiming to get on the early retirement track with any luck and retire around the age of 45. I’ve been aggressively in the investing game for a few years now and have been putting money into my RRSP, which now has a bal.... More »
WASHINGTON – President Barack Obama is marking the fifth anniversary of the Lehman Brothers collapse by trying to lay claim to an economic turnaround and warning Republicans against moves that he contends would risk a backslide.
His message to the GOP: don’t oppose raising the nation’s debt limit, don’t threaten to close down the government in a budget fight, and don’t push to delay the health care law or starve it of federal money.
The economic emphasis, after weeks devoted to the Syrian crisis, begins coming into focus in a series of events kicked off by a Rose Garden speech Monday. It’s a determined effort to confront public skepticism about his stewardship of the economy and to put down his marker for budget clashes with Congress in the weeks ahead.
The White House argues that a better capitalized and better regulated financial sector is extending more credit, fueling an economy now able to withstand headwinds such as spending cuts and tax increases…

Continue Reading On canadianbusiness.com »

On Sept. 14, 2008, the collapse of Lehman Brothers set in motion a global financial panic. At the time, Canadian corporate titans and policy makers did not want to talk about how bad things looked – they’re talking now. Eighteen key players tell us what really happened

Continue Reading On theglobeandmail.com »

5.5 year – 2.70%

– ratesupermarket.ca

This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

Here’s an interesting question to chew on: Do you know what your fund manager or adviser’s portfolio looks like?
Well, the men and women behind Steadyhand—one of Canada’s no-load, non-commissioned mutual fund companies—want you to know that if you’re a client, they’re eating what you’re eating. As of June 30, the employees at this firm had $25.4 million invested in their own funds, which represents 84% of the company’s assets on average.
David Toyne, director of business development at Steadyhand, says disclosing this type of information is critical because it demonstrates to clients that everyone’s interests are united—put it another way, if the ship goes down, everyone goes with it. Unfortunately, he notes, “information about a fund manager or adviser’s own portfolio is rarely made public, let alone discussed.”
He’s right. Indeed, I’d wager that if you did pose the question it would be uncomfortably sidestepped. But if a fund manager or adviser were completely forthcoming in their response, more likely than not they would tell you their own portfolio looks absolutely nothing like yours…

Continue Reading On moneysense.ca »

Three ways to look at highs and lowsThere are lots of stock scanning websites out there, but don’t overlook the 52-week highs and lows chart.

Continue Reading On thestar.com »

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