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Unique ideas for your last will and testament Dec 1st
When you write a will, it is your opportunity to ensure your final financial and other wishes are carried out by your executors. given how many people have no will at all, I am happy to see technology is making it easier to prepare and sign a will without having to leave home. But there are circumst.... More »
At midday: TSX rises with financial stocks + MORE Oct 23rd
Abe victory boosts U.S. stocks, dollar
.... More »
No house? No worries: How to tip the financial scales in your favour if you can’t afford to buy a home Jun 12th
How can you generate wealth without owning four walls and a roof? We asked the experts..... More »
The smart seller’s secret to reducing capital gains tax in Canada + MORE Jul 18th
For many Canadians, selling a property can come with a surprise: the capital gains tax. Whether it’s a cottage, rental property, or former principal residence, understanding how capital gains are calculated and how a professional appraisal can significantly reduce your tax burden is crucial. .... More »
“We’re well off in retirement. How can we pay less tax?” Aug 28th
Ask MoneySense
Both my wife and I are retired. My wife is 72 years old and I am 68. Our combined incomes are based on CPP, OAS, RRIFs and dividends (both from our non-registered investments portfolio and corporate dividends that we both get quarterly from a holding company that manages the corporat.... More »
As Freshii stock goes sour, it may be time to detox from analyst advice
– theglobeandmail.com
The stock’s erratic journey from $11.50 at the end of January to around $5.70 today is a sad and odoriferous demonstration of how Bay Street operates
Toronto stock market spikes, loonie falls following Bank of Canada speech
– canadianbusiness.com
TORONTO _ Canada’s main stock index soared today as the loonie fell after a speech by the governor of the Bank of Canada that signalled the central bank would be taking a more cautious approach to any future rate hikes.
The S&P/TSX composite index climbed 135.54 points to 15,609.66 on the strength of a broad-based rally.
The Canadian dollar was trading at an average price of 80.57 cents US, down 0.27 of a cent.
In New York, stocks jumped after a report showed business investment climbed in August. Investors also eyed proposed tax cuts by President Donald Trump.
The Dow Jones industrial average was up 56.39 points to 22,340.71. The S&P 500 index added 10.20 points to 2,507.04 and the Nasdaq composite index advanced 73.10 points to 6,453.26.
In commodities, the November crude contract was up 26 cents to US$52.14 per barrel and the November natural gas contract gained six cents to US$3.06 per mmBTU.
The December gold contract was down US$13.90 to US$1,287.80 an ounce and the December copper contract edged up a penny at US$2…
The S&P/TSX composite index climbed 135.54 points to 15,609.66 on the strength of a broad-based rally.
The Canadian dollar was trading at an average price of 80.57 cents US, down 0.27 of a cent.
In New York, stocks jumped after a report showed business investment climbed in August. Investors also eyed proposed tax cuts by President Donald Trump.
The Dow Jones industrial average was up 56.39 points to 22,340.71. The S&P 500 index added 10.20 points to 2,507.04 and the Nasdaq composite index advanced 73.10 points to 6,453.26.
In commodities, the November crude contract was up 26 cents to US$52.14 per barrel and the November natural gas contract gained six cents to US$3.06 per mmBTU.
The December gold contract was down US$13.90 to US$1,287.80 an ounce and the December copper contract edged up a penny at US$2…
Take hard line against Boeing in Bombardier spat, Quebec premier urges feds
– canadianbusiness.com
Quebec Premier Philippe Couillard says he wants Ottawa to take a hard line against Boeing after the U.S. Department of Commerce proposed a hefty 219 per cent duty on jets manufactured by Montreal rival Bombardier.
The department’s preliminary findings concluded Bombardier benefited from improper government subsidies, giving it an unfair advantage when selling its CSeries jets south of the border.
Couillard says the $1 billion invested by the province in the CSeries program is not a subsidy and no other investment in Bombardier is currently planned.
He says the company is being targeted by its larger U.S.-based aerospace vital even though Boeing has also benefited from decades of government assistance.
Boeing, Couillard says, may have won this battle, but haven’t won the war.
And he’s urging the Trudeau government to maintain a hardline with Boeing until the matter was resolved.
“Not a bolt, not a part, (and) of course not a plane from Boeing (should be) entering Canada until this conflict is resolved in a satisfactory way,” Couillard told a news conference today in Quebec City…
The department’s preliminary findings concluded Bombardier benefited from improper government subsidies, giving it an unfair advantage when selling its CSeries jets south of the border.
Couillard says the $1 billion invested by the province in the CSeries program is not a subsidy and no other investment in Bombardier is currently planned.
He says the company is being targeted by its larger U.S.-based aerospace vital even though Boeing has also benefited from decades of government assistance.
Boeing, Couillard says, may have won this battle, but haven’t won the war.
And he’s urging the Trudeau government to maintain a hardline with Boeing until the matter was resolved.
“Not a bolt, not a part, (and) of course not a plane from Boeing (should be) entering Canada until this conflict is resolved in a satisfactory way,” Couillard told a news conference today in Quebec City…
Stelco plans $150-million IPO
– theglobeandmail.com
Company said it needs money to develop new products and make payments to its pension plan
While most American families grew richer between 2013 and 2016, the wealthiest households pulled even further ahead, worsening the nation’s massive disparities in wealth and income. Median wealth for white families was $171,000, 10 times that for blacks and roughly eight times that for Latinos.
