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Alphabet shares follow in Amazon’s footsteps and top $1,000 + MORE Jun 5th
The parent company of Google and online retail juggernaut Amazon are part of a small group of stocks belonging to companies that have shunned stock splits
.... More »
Why budgets work (and don’t) May 17th
Save, invest, prosper with My Own Advisor.
Why budgets work (and don’t) Some financial experts will argue budgets don’t work because you can’t possibly predict the future. You can’t possibly set aside an accurate amount of money for various expenses that may or may not happen. You can’.... More »
Rates are heading up. Time to buy bonds? Nov 23rd
Even in the worst years, a bond portfolio will probably only loss a few percentage points, while stock market losses could reach 50 per cent or more, writes Gordon Pape..... More »
Average house price in Canada falls 5.5% to $455K compared to a year ago + MORE Feb 15th
The average price of a Canadian home has fallen by 5.5 per cent to $455,000 over the past 12 months, the Canadian Real Estate Association said Friday..... More »
Going public: A look at some of the biggest Canadian IPOs by value since 2000 + MORE May 31st
Rarely has an IPO drawn as much political attention as Kinder Morgan’s sale of its Canadian unit, a deal designed to fund the Trans Mountain pipeline expansion. At $1.75 billion, the public market debut of Kinder Morgan Canada (TSX:KML) is on track to be the fourth most valuable in Canadian hi.... 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 »
