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Should you loan money to someone who is house rich and cash poor? May 18th
My daughter is 60, divorced, owns a house, perhaps $800,000 house value. She has a small mortgage and no savings of any kind. She lives on a line of credit and a credit card. Her only income is about $300 to $400 monthly CPP.
She is wondering how best to manage. Should she sell now and rent for a.... More »
How Enbridge’s planned asset shuffle bodes well for investors + MORE Jun 11th
Energy firm’s plan to roll more assets into subsidiaries will bring in more management fees and higher future dividend growth
.... More »
Kingston fire destroys Cabot Academy elementary school - CBC Aug 15th
Kingston fire destroys Cabot Academy elementary school CBCDesperate C.B.N. residents question where firefighting assets go, and why CBCEvacuation Order Lifted for Paddy’s Pond Industrial Area VOCMEvacuation order lifted for St. John’s suburb; wildfire destroys N..... More »
Should Chris top up his RRSP or his TFSA now that he’s retiring at 60? + MORE Feb 19th
(Flickr)
Q. I’m a 60-year-old retired school teacher as of this past July 2017. I have $44,000 in unused RRSP contribution room. Should I max out my contribution room on my 2017 taxes? Or just stick to topping up my TFSA? Thanks, Chris
Hi Chris. Thanks for the question. Please note that RRSP only.... More »
Investment firms are snapping up U.S. homes. In Canada, the trend is 'in its infancy,' says Remax boss - CBC News + MORE Aug 3rd
Investment firms are snapping up U.S. homes. In Canada, the trend is 'in its infancy,' says Remax boss CBC News.... More »
Russia’s Putin says US sanctions drive bilateral relations into a corner
– canadianbusiness.com
MOSCOW – Russia’s President Vladimir Putin has lamented the latest round of U.S. sanctions against his country. He says they are stalemating bilateral relations and hurting not only Russian but also American businesses.
U.S. President Barack Obama on Wednesday announced broader sanctions against Russia, targeting two major energy firms, a pair of powerful financial institutions, eight arms firms and four individuals. The increased economic pressure is designed to end the insurgency in eastern Ukraine that is widely believed to be backed by the Kremlin.
Putin said in televised comments on Thursday they are hurting relations between the two countries as well as the interests of American companies. He added that Moscow is still keeping the door open for diplomacy.
Russia’s biggest oil company Rosneft has a multi-billion-dollar deal with ExxonMobil.
The post Russia’s Putin says US sanctions drive bilateral relations into a corner appeared first on Canadian Business.
U.S. President Barack Obama on Wednesday announced broader sanctions against Russia, targeting two major energy firms, a pair of powerful financial institutions, eight arms firms and four individuals. The increased economic pressure is designed to end the insurgency in eastern Ukraine that is widely believed to be backed by the Kremlin.
Putin said in televised comments on Thursday they are hurting relations between the two countries as well as the interests of American companies. He added that Moscow is still keeping the door open for diplomacy.
Russia’s biggest oil company Rosneft has a multi-billion-dollar deal with ExxonMobil.
The post Russia’s Putin says US sanctions drive bilateral relations into a corner appeared first on Canadian Business.
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.
Asian stock markets mostly up after encouraging US corporate news, Fed survey
– canadianbusiness.com
SEOUL, South Korea – Asia’s major stock markets mostly posted modest gains Thursday after positive U.S. corporate and economic news underpinned confidence.
Regional markets were buoyed by another record high for the Dow and a Federal Reserve survey that showed the U.S. economy continued expanding in all regions in June and early July, helped by strength in consumer spending.
Robust earnings reports and news that Rupert Murdoch’s Twenty-First Century Fox offered to buy Time Warner also gave markets a perk. The offer from Twenty-First Century Fox, though rejected, was a sign that corporate deals might make a comeback.
Japan’s Nikkei 225 rose 0.2 per cent to 15,411.75 and South Korea’s Kospi was up 0.5 per cent to 2,023.75. South Korean stocks got a boost with hopes that the country’s new finance minister would ease housing market regulations.
Australia’s S&P/ASX 200 added 0.4 per cent to 5,542.40 but Hong Kong’s Hang Seng shed 0.2 per cent to 23,483…
Regional markets were buoyed by another record high for the Dow and a Federal Reserve survey that showed the U.S. economy continued expanding in all regions in June and early July, helped by strength in consumer spending.
Robust earnings reports and news that Rupert Murdoch’s Twenty-First Century Fox offered to buy Time Warner also gave markets a perk. The offer from Twenty-First Century Fox, though rejected, was a sign that corporate deals might make a comeback.
Japan’s Nikkei 225 rose 0.2 per cent to 15,411.75 and South Korea’s Kospi was up 0.5 per cent to 2,023.75. South Korean stocks got a boost with hopes that the country’s new finance minister would ease housing market regulations.
Australia’s S&P/ASX 200 added 0.4 per cent to 5,542.40 but Hong Kong’s Hang Seng shed 0.2 per cent to 23,483…
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
Morning MoneyBeat Europe: Weakness on Increased Russian Sanctions – Wall Street Journal
– news.google.ca
Chron.comMorning MoneyBeat Europe: Weakness on Increased Russian SanctionsWall Street JournalEuropean stock markets are set to trade lower Thursday, as investors react with caution to the announcement of new U.S. and EU sanctions against Russia over its role in the unrest in the Ukraine. On Wednesday, the U.S. prohibited any new long-term …US slaps toughest sanctions yet on Russia, targets Putin alliesReuters CanadaVTB's Kostin Says Sanctions May Hurt Financial SystemBloombergRussian shares fall after US targets companies in fresh sanctionsFinancial TimesReuters UK -Reuters -Businessweekall 1,757 news articles »
