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The after-effect of market lows: a drop in fixed mortgage rates Aug 7th
When markets drop like they did on Monday, you may not immediately think of the impact on mortgage rates. We’ve been relying on the Bank of Canada to nudge rates lower, namely for variable mortgages. But fixed mortgages got a news headline-worthy update today, thanks to bonds, which are reacting t.... More »
Oil prices rise above $100, North American stock market holds steady as U.S.-Iran tensions continue - CBC + MORE Apr 13th
Oil prices rise above $100, North American stock market holds steady as U.S.-Iran tensions continue CBCOil prices jump on US plans to blockade Iranian ports in Strait of Hormuz CNNPrice at the pump in Toronto could soon eclipse $2 a litre amid U.S threat to blockade Strait of H.... More »
How to prepare for life as a single-income family + MORE Jun 30th
Zena Amundsen didn’t realize how tight finances could be for a single-income household after she and her husband welcomed their first baby. She quickly had to learn to keep track of every dollar, recalled Amundsen, a Regina-based certified financial planner at Astra Financial Services.
For.... More »
“There’s no one else to take care of us” — how women can, and should, achieve financial independence Dec 28th
Bola Sokunbi, author of “Clever Girl Finance,” on why the financial industry does such a poor job serving women — and what can be done to fill in the gaps..... More »
How to Handle and Organize SIP Investments in 2017 + MORE Nov 24th
Most of us leave our investment decision to brokers which also include the SIP investments that we make. The broker comes, tells you a few fund names that you should invest in, tells you the benefits of investing in the fund through sip investments and not lump sum investments and then lures you to .... More »
Trudeau sifts for positives through G7 leaders’ 32-page final statement
– theglobeandmail.com
PM’s push to encourage leaders to commit to boosting government investment to help the stagnant global economy did not yield across-the-board support
What you need to claim the new-home GST rebate
– moneysense.ca
Q: Hi, I’ve read that if I purchased a new home that I may be eligible for the HST paid on that new home. But I’m concerned. My home was built by a less than honourable builder. The HST was not actually declared on the contract or final invoice. Can I assume he paid tax and apply for rebate? According to the laws in Ontario, he has to pay GST to the government if he earns more than $30,000 and my contract, alone was a total cost of $148,000?
— Deb L., Facebook message
Answer from Romana King, senior editor and real estate specialist at MoneySense:
Deb, you will be relieved to learn that the Canada Revenue Agency has no problem should you decide to apply for a GST rebate. Keep in mind, however, that the CRA will require documentation to prove that you actually paid GST to the builder. This proof could be your invoice, that shows the break-out of funds (labour, materials, GST, etc.), or it could be a receipt issued to you by the builder, or it could be a contract that highlights the build price but not the GST for your project…
Nigeria: Local leaders back militants hitting oil production
– canadianbusiness.com
WARRI, Nigeria – Community leaders and activists in Nigeria’s oil-producing Niger Delta voiced support for a new group of violent militants, saying their demands for a greater share of oil wealth match the aspirations of local people.
At a stakeholders’ meeting held Thursday in the southern town of Warri, community leaders accused the Nigerian government of a heavy-handed military campaign and warned of continuing attacks that have already cut Nigeria’s production by more than 40 per cent, causing the West African nation to lose its place as the biggest producer on the continent to Angola.
A bomb attack Thursday forced U.S.-based oil major Chevron to halt all onshore activities at its 160,000-barrel -a-day Escravos export terminal.
In a surprise development, civilian leaders sided with the attackers, calling them “armed agitators protesting failed government policies.”
The post Nigeria: Local leaders back militants hitting oil production appeared first on Canadian Business – Your Source For Business News.
At a stakeholders’ meeting held Thursday in the southern town of Warri, community leaders accused the Nigerian government of a heavy-handed military campaign and warned of continuing attacks that have already cut Nigeria’s production by more than 40 per cent, causing the West African nation to lose its place as the biggest producer on the continent to Angola.
A bomb attack Thursday forced U.S.-based oil major Chevron to halt all onshore activities at its 160,000-barrel -a-day Escravos export terminal.
In a surprise development, civilian leaders sided with the attackers, calling them “armed agitators protesting failed government policies.”
The post Nigeria: Local leaders back militants hitting oil production appeared first on Canadian Business – Your Source For Business News.
Premarket: U.S. dollar rises as global stock markets hold steady
– theglobeandmail.com
Imminent U.S. rate rises still on investors’ minds; European shares retreat but stay close to 1-month high
Global economic downturn linked with at least 260000 excess cancer deaths – The FINANCIAL
– news.google.ca
The FINANCIALGlobal economic downturn linked with at least 260000 excess cancer deathsThe FINANCIALThe FINANCIAL — The economic crisis of 2008-10, and the rise in unemployment that accompanied it, was associated with more than 260,000 excess cancer-related deaths—including many considered treatable—within the Organization for Economic …Economic crash linked to 260000 additional cancer deaths: StudyUPI.comFinancial crisis may have caused 500000 cancer deaths worldwideEconomic Timesall 58 news articles »
