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In Humboldt, sorrow, love and loss take the ice on game night Apr 9th
Al and Jean Gaetz were in their arena seats in Row 8, in Section U near the blue line on Sunday, just as they were planning to do if their beloved Humboldt Broncos had reached Game 6.
They’ve held Broncos season tickets since 1973; they billeted young players for decades. Al, still selling real es.... More »
TSX Venture Exchange Stock Maintenance Bulletins - Canada NewsWire + MORE Dec 23rd
TSX Venture Exchange Stock Maintenance Bulletins Canada NewsWire.... More »
Major tax bill passes in U.S.: big consequences, big debates ahead for Canada + MORE Dec 20th
WASHINGTON _ The United States Congress has adopted a major tax bill that has sweeping implications for the American economy, politics, national debt, and its neighbour, Canada.
The bill that just passed its final vote in the House of Representatives provides the biggest U.S. tax cuts in decades and.... More »
CIBC to rebrand The PrivateBank as CIBC Bank USA at dozens of locations + MORE Sep 18th
The Canadian Imperial Bank of Commerce is extending its brand across the U.S. by renaming dozens of recently-purchased locations south of the border as CIBC Bank USA.
The Canadian lender closed its acquisition of Chicago-based PrivateBancorp in June.
Today, the bank announced it is replacing the U.S.... More »
Who reports capital gains if a stock is owned jointly? + MORE Apr 8th
Q. My question is regarding stock capital gains, specifically in a joint account with my wife at TD Waterhouse. We had a capital gain of $30,000 this year in our non-registered account. At 50% each, our capital gain for tax purposes is $15,000. Do we each have to report a gain of $7,500? Or, does.... More »
RBC acquitted in Bahamian tax fraud case
– theglobeandmail.com
Canadian bank’s Bahamian wealth management subsidiary acquitted for alleged role in scheme involving billionaire art dealer Guy Wildenstein
Loonie rises against U.S. dollar as greenback drops after Trump remark
– canadianbusiness.com
TORONTO _ The loonie was up nearly three-quarters of a U.S. cent following a Wall Street Journal report that says President-elect Donald Trump thinks the U.S. dollar is “too strong.”
As North American stock markets were opening this morning, the Canadian dollar was worth nearly 76.67 cents US _ up seven-tenths of a cent from Monday.
The value of the U.S. dollar is important for Canada and other trading partners of the United States.
Trump’s comments about the U.S. dollar were published late Monday in a story on the Journal’s website about the president-elect’s criticism of a Republican alternative to his proposal for import tariffs.
Trump said he thought the U.S. dollar was already too strong because China _ which has the world’s second-biggest economy after the United States _ holds down its currency.
“Our companies can’t compete with them now because our currency is too strong. And it’s killing us,” he told the Journal.
A commentary Tuesday by Scotiabank’s foreign exchange team said it wasn’t clear whether Trump was saying the U…
As North American stock markets were opening this morning, the Canadian dollar was worth nearly 76.67 cents US _ up seven-tenths of a cent from Monday.
The value of the U.S. dollar is important for Canada and other trading partners of the United States.
Trump’s comments about the U.S. dollar were published late Monday in a story on the Journal’s website about the president-elect’s criticism of a Republican alternative to his proposal for import tariffs.
Trump said he thought the U.S. dollar was already too strong because China _ which has the world’s second-biggest economy after the United States _ holds down its currency.
“Our companies can’t compete with them now because our currency is too strong. And it’s killing us,” he told the Journal.
A commentary Tuesday by Scotiabank’s foreign exchange team said it wasn’t clear whether Trump was saying the U…
Financial impact of Fort McMurray wildfire reaches $9.5 billion: study
– canadianbusiness.com
EDMONTON _ An assessment of the total financial impact of last spring’s Fort McMurray wildfire is pegging the direct and indirect costs of the blaze at $9.5 billion.
The figure includes the expense of replacing buildings and infrastructure as well as lost income, profits and royalties in the oilsands and forestry industries, said MacEwan University economist Rafat Alam.
It also includes early estimates on indirect costs such as environmental damage, lost timber and physical and mental-health treatment.
The estimate will go even higher, Alam said Tuesday.
“It’s not fully done yet. More data kept coming and I’m sure it will keep coming in.”
Alam said it can take up to 10 years to get a complete picture of everything that happened and what it cost.
His figure dwarfs the $3.7 billion insurance companies have estimated they will pay out.
The blaze destroyed 1,800 single-family homes and numerous other structures and forced more than 80,000 people to leave.
The fire began in a remote forested area southwest of the city on May 1 during a spell of unusually hot and dry spring weather…
The figure includes the expense of replacing buildings and infrastructure as well as lost income, profits and royalties in the oilsands and forestry industries, said MacEwan University economist Rafat Alam.
It also includes early estimates on indirect costs such as environmental damage, lost timber and physical and mental-health treatment.
The estimate will go even higher, Alam said Tuesday.
“It’s not fully done yet. More data kept coming and I’m sure it will keep coming in.”
Alam said it can take up to 10 years to get a complete picture of everything that happened and what it cost.
His figure dwarfs the $3.7 billion insurance companies have estimated they will pay out.
The blaze destroyed 1,800 single-family homes and numerous other structures and forced more than 80,000 people to leave.
The fire began in a remote forested area southwest of the city on May 1 during a spell of unusually hot and dry spring weather…
GM to add or keep 7,000 US jobs, make $1B factory investment
– canadianbusiness.com
DETROIT _ General Motors plans to invest $1 billion in U.S. factories and add thousands of new white-collar jobs, measures that have been in the works for years but were announced Tuesday after criticism from President-elect Donald Trump.
In all, the Detroit automaker said it will create or keep 7,000 jobs in the next few years, including about 2,000 at factories. Another 5,000 new positions will be created at its auto financing arm and to develop advanced technology, electric and autonomous vehicles and information technology.
Trump has demanded the auto industry build more cars in the U.S. GM said these latest actions have been in the works since well before the election, although spokesman Patrick Morrissey acknowledged it’s a good time to announce new jobs in the U.S. Trump will be sworn in as the nation’s 45th president Friday.
“There’s no question there is an emphasis on job creation in the U.S. right now,” he said. “This is good timing for us to share what we are doing…
In all, the Detroit automaker said it will create or keep 7,000 jobs in the next few years, including about 2,000 at factories. Another 5,000 new positions will be created at its auto financing arm and to develop advanced technology, electric and autonomous vehicles and information technology.
Trump has demanded the auto industry build more cars in the U.S. GM said these latest actions have been in the works since well before the election, although spokesman Patrick Morrissey acknowledged it’s a good time to announce new jobs in the U.S. Trump will be sworn in as the nation’s 45th president Friday.
“There’s no question there is an emphasis on job creation in the U.S. right now,” he said. “This is good timing for us to share what we are doing…
Our lofty goal to build a $1 million portfolio
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.I don’t really care how often you read or hear that “a million ain’t what it used to be”. While true, one million dollars is still a huge chunk of change.
…And we’re working our way towards that amount. Slowly. Month by month and year by year. Why? That’s what we figure we need to semi-retire.
How? By when?
Read on.
TFSAs provide tax-free investing power
Although Tax Free Savings Accounts (TFSAs) have been around for less than 10 years, they are a great wealth building tool if used properly. Think about it: tax free money. Do you really want your money just kept in cash savings? I suggest you make your money work for you. I won’t go into the details, you can read up on the TFSA here. This account can be much more than a savings account.
Example: a 30-year-old working professional who starts investing their $5,500 (this year’s annual contribution limit) and continues maxing out their account contributions for the next 40 years could retire with a $1-million in the TFSA alone!
We work hard to maximize contributions to our TFSAs every year…
