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Which energy company will exit the oil sands next? + MORE Mar 11th
Foreign energy firms are selling Alberta assets – will ConocoPhillips and Chevron follow?
.... More »
Making sense of the markets this week: April 17 + MORE Apr 14th
Million Dollar Journey editor and Canadian Financial Summit founder Kyle Prevost shares financial headlines and offers context for Canadian investors.
If a TFSA and an RRSP had a child: The new FHSA
As part of the 2022 budget, the government unveiled its new tax-free first home savings account.... More »
Anxiety over Trump’s trade war with China causes stocks to plunge on Wall Street - Global News + MORE Aug 6th
Anxiety over Trump’s trade war with China causes stocks to plunge on Wall Street Global NewsChina’s yuan tumbles further to U.S. dollar as trade war fears escalate The Globe and MailNew York stock indexes hammered as China allows yuan to devalue CBC NewsTrump’s.... More »
Creating your will: a guide for couples Nov 4th
From deciding whether your prickly sister-in-law should be the executor, to how much money you should leave to your spendthrift nephew, estate planning is fraught with emotional hiccups—especially when you’re strategizing for two.
As many couples know, big feelings often get in the way when it c.... More »
$200 off 14-inch MacBook Pro is an early 4th July sale treat - Creative Bloq Jul 2nd
$200 off 14-inch MacBook Pro is an early 4th July sale treat Creative BloqApple's M1 MacBook Pro Is $300 Off in This Early Fourth of July Sale CNETApple's loaded 16-inch MacBook Pro with M1 Max, 64GB RAM is $300 off, back in stock AppleInsiderAmazon clears out Appleâ.... More »
Famed attorney F. Lee Bailey files for bankruptcy in Maine
– canadianbusiness.com
PORTLAND, Maine – Famed attorney F. Lee Bailey has filed for bankruptcy in Maine in an effort to discharge an IRS debt of more than $5 million.
Debts to the Internal Revenue Service aren’t normally discharged in bankruptcy proceedings, but the 83-year-old told the Portland Press Herald (http://bit.ly/28Se2hO ) on Friday that it can be as long as one complies with certain conditions. The debt stems from a dispute over his reportable income from 1993 to 2001.
During that time period, Bailey served as one of O.J. Simpson’s attorneys at his murder trial.
The bankruptcy filing also lists $364,925 owed on Bailey’s Yarmouth condominium.
Bailey was disbarred in Florida in 2001 over mishandling client assets. Massachusetts issued a reciprocal disbarment in 2003. Bailey’s bid to gain admission to the Maine bar failed in 2014.
The post Famed attorney F. Lee Bailey files for bankruptcy in Maine appeared first on Canadian Business – Your Source For Business News.
Debts to the Internal Revenue Service aren’t normally discharged in bankruptcy proceedings, but the 83-year-old told the Portland Press Herald (http://bit.ly/28Se2hO ) on Friday that it can be as long as one complies with certain conditions. The debt stems from a dispute over his reportable income from 1993 to 2001.
During that time period, Bailey served as one of O.J. Simpson’s attorneys at his murder trial.
The bankruptcy filing also lists $364,925 owed on Bailey’s Yarmouth condominium.
Bailey was disbarred in Florida in 2001 over mishandling client assets. Massachusetts issued a reciprocal disbarment in 2003. Bailey’s bid to gain admission to the Maine bar failed in 2014.
The post Famed attorney F. Lee Bailey files for bankruptcy in Maine appeared first on Canadian Business – Your Source For Business News.
Russian President Putin meets with Chinese leaders
– canadianbusiness.com
BEIJING, China – Russian President Vladimir Putin on Saturday emphasized economic ties with China and praised what he called Russia’s “all-embracing and strategic partnership” with its neighbour, during a visit to Beijing that takes place against the background of a drop in trade and lingering mistrust.
Putin told Chinese Premier Li Keqiang that ties were based firmly on common economic interests, a reference to Russian hopes for Chinese investment and purchases of its oil, gas and military exports.
“Our relations really have the character of an all-embracing and strategic partnership,” Putin told Li at the start of their meeting at the Great Hall of the People in the heart of Beijing.
While Russia and China are linked by co-operation on the international stage, as well as in culture, education and other spheres, “in one way or another, everything has an economic base,” Putin said.
Leaders from both countries have extolled the blossoming strategic partnership between the former communist rivals, despite a major decline in two-way trade and the failure to materialize of a slew of ambitious projects…
Putin told Chinese Premier Li Keqiang that ties were based firmly on common economic interests, a reference to Russian hopes for Chinese investment and purchases of its oil, gas and military exports.
“Our relations really have the character of an all-embracing and strategic partnership,” Putin told Li at the start of their meeting at the Great Hall of the People in the heart of Beijing.
While Russia and China are linked by co-operation on the international stage, as well as in culture, education and other spheres, “in one way or another, everything has an economic base,” Putin said.
Leaders from both countries have extolled the blossoming strategic partnership between the former communist rivals, despite a major decline in two-way trade and the failure to materialize of a slew of ambitious projects…
We may not be headed for another global financial crisis. But financial experts warn that Brexit could affect everything from Canadian housing prices to your retirement savings.
China-led development bank approves first loans
– canadianbusiness.com
BEIJING, China – A new Chinese-led development bank has approved its first loans and expects to suffer no impact from Britain’s vote to leave the European Union, the bank’s president said Saturday at its first annual meeting.
The Asian Infrastructure Investment Bank, launched in January with 57 member governments, already has received expressions of interest from possible additional members, said Jin Liqun at a news conference. He said observers from 24 other nations attended the meeting.
The bank reflects China’s rapidly growing financial might and desire for a bigger voice in global finance, which is dominated by the United States and Europe.
Despite initial U.S. opposition, the AIIB attracted unexpectedly wide support from American allies including Britain, France, Australia and South Korea. Washington and Japan have refrained from seeking membership.
The bank’s board approved a total of $509 million in loans Friday for a power project in Bangladesh, slum-upgrading in Indonesia and road-building in Pakistan and Tajikistan, according to Jin, a former chairman of China’s sovereign wealth fund…
The Asian Infrastructure Investment Bank, launched in January with 57 member governments, already has received expressions of interest from possible additional members, said Jin Liqun at a news conference. He said observers from 24 other nations attended the meeting.
The bank reflects China’s rapidly growing financial might and desire for a bigger voice in global finance, which is dominated by the United States and Europe.
Despite initial U.S. opposition, the AIIB attracted unexpectedly wide support from American allies including Britain, France, Australia and South Korea. Washington and Japan have refrained from seeking membership.
The bank’s board approved a total of $509 million in loans Friday for a power project in Bangladesh, slum-upgrading in Indonesia and road-building in Pakistan and Tajikistan, according to Jin, a former chairman of China’s sovereign wealth fund…
