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Catching up with Millionaire Teacher and Expat – Andrew Hallam Part 2 Mar 2nd
Learn, save, invest and prosper with My Own Advisor.
I’ve been a fan of Andrew’s for a long time. I continue to follow his blog and his book Millionaire Teacher continues to shape how I invest. I recently got a chance to catch up with Andrew to get his thoughts about the current state of the.... More »
Have your financial plans changed because of the pandemic? A mid-year check-in will get you back on track Jul 6th
Reviewing your will, and your life, disability and critical illness insurance should be part of your review..... More »
How to navigate growing crypto regulation in Canada Dec 23rd
Crypto has been under a harsh spotlight like never before. Recent eyebrow-raising headlines have included the collapse of the FTX empire, charges of insider trading at crypto firm Coinbase, and the long-running criminal investigation into crypto exchange Binance.
These events—and cr.... More »
Making sense of the markets this week: January 8, 2023 + MORE Jan 6th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines of the week and offers context for Canadian investors.
Putting 2022 into context (it was pretty bad)
What caught my eye this week? This chart from Ben Carlson:
Source: A W.... More »
$4.6-billion power station to supply data centre near Edmonton gets green light - Financial Post Jul 2nd
$4.6-billion power station to supply data centre near Edmonton gets green light Financial PostCounty north of Edmonton approved to host energy generator for potential AI data centre CTV NewsPembina, partners go ahead with gas plant for data centre north of Edmonton C.... More »
The IMF waves goodbye to austerity
– theglobeandmail.com
Once a chief proponent of fiscal restraint following a crisis, the financial institution has somewhat changed its tune
The life of Paul Desmarais: from bus operator to connected billionaire
– theglobeandmail.com
Desmarais built Power Corp. into a massive conglomerate with hundreds of billions in assets under management
Paul Desmarais: The patient empire builder
– theglobeandmail.com
The French-Canadian entrepreneur created financial giant Power Corp. of Canada with carefully timed deals
Abu Dhabi’s Etihad boosts Virgin Australia stake to 19.9 per cent
– canadianbusiness.com
ABU DHABI, United Arab Emirates – Etihad Airways says it has nearly doubled its stake in carrier Virgin Australia to 19.9 per cent as part of the fast-growing airline’s efforts to bolster international partnerships.
The moves by Abu Dhabi-based Etihad reflect the intense competition with regional rivals Qatar Airways and Dubai’s Emirates, which made a partnership this year with Australia’s Qantas Airways.
An Etihad statement on Thursday said the carrier had increased its stake in Virgin Australia through stock purchases over the past weeks, reaching the maximum level allowed by Australian regulators. Previously, Etihad had a 10.5 per cent stake.
Etihad also holds shares in airberlin, Air Seychelles and Aer Lingus. It plans to acquire 49 per cent of Air Serbia in January 2014 and is seeking Indian regulatory clearance for a 24 per cent stake in Mumbai-based Jet Airways.
The post Abu Dhabi’s Etihad boosts Virgin Australia stake to 19.9 per cent appeared first on Canadian Business.
The moves by Abu Dhabi-based Etihad reflect the intense competition with regional rivals Qatar Airways and Dubai’s Emirates, which made a partnership this year with Australia’s Qantas Airways.
An Etihad statement on Thursday said the carrier had increased its stake in Virgin Australia through stock purchases over the past weeks, reaching the maximum level allowed by Australian regulators. Previously, Etihad had a 10.5 per cent stake.
Etihad also holds shares in airberlin, Air Seychelles and Aer Lingus. It plans to acquire 49 per cent of Air Serbia in January 2014 and is seeking Indian regulatory clearance for a 24 per cent stake in Mumbai-based Jet Airways.
The post Abu Dhabi’s Etihad boosts Virgin Australia stake to 19.9 per cent appeared first on Canadian Business.
Chinese, European central banks set up deal to exchange currencies, a sign of growing trade
– canadianbusiness.com
FRANKFURT – The European Central Bank and the People’s Bank of China have agreed to start supplying each other with their currencies — a sign of increasing trade and investment between the eurozone and China.
The currency swap agreement will last for three years and provide a maximum of 350 billion yuan ($56 billion) to the ECB and 45 billion euros ($60.8 billion) to the PBC.
The deal means the ECB can reassure banks in the 17-member eurozone that they can always borrow Chinese currency if they need it.
The ECB said in a statement Thursday that the deal will also help to ensure the stability of financial markets.
The post Chinese, European central banks set up deal to exchange currencies, a sign of growing trade appeared first on Canadian Business.
The currency swap agreement will last for three years and provide a maximum of 350 billion yuan ($56 billion) to the ECB and 45 billion euros ($60.8 billion) to the PBC.
The deal means the ECB can reassure banks in the 17-member eurozone that they can always borrow Chinese currency if they need it.
The ECB said in a statement Thursday that the deal will also help to ensure the stability of financial markets.
The post Chinese, European central banks set up deal to exchange currencies, a sign of growing trade appeared first on Canadian Business.
