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Latest News
HBC investors want debt reduction, payouts from real estate proceeds + MORE Nov 14th
Activist hedge fund wants Hudson’s Bay to sell or convert stores to alternate uses and transform itself into a real estate play
.... More »
Canada Goose, Lightspeed report earnings + MORE May 16th
Two Canadian companies report their fourth-quarter earnings this week, along with some other news.
Canada Goose reports $5M Q4 profit, YOY revenue up 22%
Canada Goose Holdings Inc. (TSX:GOOS) reported a profit in its fourth quarter compared with a loss a year earlier as its revenue rose 22%. T.... More »
Agree or Disagree – Testing 15 Financial Rules + MORE Aug 18th
Recently, this article on BrighterLife.ca caught my attention – 15 common financial rules of thumb. Author of this article Dave Dineen offered his take on these rules, and today’s post will offer mine.
Your retirement income needs to be 70% of your working income.
Largely agree, this is one .... More »
Closing 1 Trade (FB & PYPL) + MORE Apr 2nd
Good Sunday morning! Tomorrow morning, I will be closing out one of the 7 live trades, as I close the Long Facebook (FB) and Short Paypal (PYPL) trade that was started on January 3rd. The trade currently stands at +21.10%. Last week I wrote a deeper dive into my thoughts about Paypal on SeekingAlph.... More »
Making sense of the markets this week: October 4, 2021 Oct 1st
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Will the energy crunch turn into an energy crisis?
The energy story is dominating headlines these days, described as a crunch or even an energy crisis .... More »
Alberta Heritage Savings Trust Fund earned $2.1B in 2013-14; sits at $17.5B
– canadianbusiness.com
EDMONTON – The Alberta government says its nest egg earned $2.1 billion in the last fiscal year — a 16 per cent rate of return.
The value of the Heritage Savings Trust Fund now sits at $17.5 billion.
Most of the money earned is being moved into general revenue to pay for government programs.
Just under $200 million is being kept in the fund, as required by law, to protect against inflation.
The heritage fund was set up under former premier Peter Lougheed as a long-term savings account generated by Alberta’s oil wealth.
Initially, the government deposited 30 per cent of non-renewable resource revenues into the fund.
Those deposits stopped during hard times in the 1980s, but began again in 2005.
The post Alberta Heritage Savings Trust Fund earned $2.1B in 2013-14; sits at $17.5B appeared first on Canadian Business.
The value of the Heritage Savings Trust Fund now sits at $17.5 billion.
Most of the money earned is being moved into general revenue to pay for government programs.
Just under $200 million is being kept in the fund, as required by law, to protect against inflation.
The heritage fund was set up under former premier Peter Lougheed as a long-term savings account generated by Alberta’s oil wealth.
Initially, the government deposited 30 per cent of non-renewable resource revenues into the fund.
Those deposits stopped during hard times in the 1980s, but began again in 2005.
The post Alberta Heritage Savings Trust Fund earned $2.1B in 2013-14; sits at $17.5B appeared first on Canadian Business.
Uneasiness grows over Wall Street’s perceived lack of fear
– theglobeandmail.com
‘It’s quiet out there,’ says Robert Buckland, chief global stock strategist at Citigroup. ‘Eerily quiet.’
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-05-31. Click on the link above to get more details or apply online.
Report: Climate change a huge economic risk – USA TODAY
– news.google.ca
USA TODAYReport: Climate change a huge economic riskUSA TODAYClimate change poses profound risks to the U.S. economy and needs to be addressed immediately, says a bipartisan report Tuesday by a coalition of financial leaders that includes three former Treasury secretaries. Two of the most severe impacts — sea …Paulson, Bloomberg Agree Global Warming Is Risky BusinessBloombergBusiness leaders say climate change threatens economyKTVA CBS 11 News AlaskaUS report frames climate change as an economic issueCTV NewsPhys.Org -Watertown Daily Timesall 274 news articles »
