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Making sense of the markets this week: December 7 + MORE Dec 4th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Canadians with smaller portfolios are the target for deferred service charge (DSC) mutual funds
There was some good news and bad news in this article on Advisor’s Edge. Th.... More »
Weight Watchers CEO James Chambers steps down after 3 years + MORE Sep 12th
NEW YORK, N.Y. – Weight Watchers CEO James Chambers is stepping down as the weight-loss program operator struggles to build on the momentum it garnered from an alliance with Oprah Winfrey.
The New York company said Monday that Chambers, who has led Weight Watchers since 2013, is resigning at t.... More »
Wealthsimple Trade in-depth review 2021: The pros and cons Mar 6th
Since making its debut in 2014, Canada’s Wealthsimple has helped to demystify investing for hundreds of thousands of regular people who want to grow their money. The company’s success thus far is unquestionable: As of late February 2021, its AUM (assets under management) have been valued at $8.4.... More »
Making sense of the markets this week: September 28 Sep 27th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Is beating the market a thing of the past?
There are many reasons why it gets harder and harder to beat the market. Even for the likes of Berkshire Hathaway’s Warren Buffett.... More »
New CPP, same concerns it will run out of money + MORE Apr 5th
THE CANADIAN PRESS/Darryl Dyck
A new report from the C.D. Howe Institute warns the new, expanded version of the Canada Pension Plan is designed on investment return assumptions that could jeopardize future payments. With that, some Canadians are back to worrying if the plan will be there when they r.... More »
The unseen history of ‘white trash’
– macleans.ca
WHITE TRASH
By Nancy Isenberg
One of the central factors in American history has always been one of the least mentioned: class. Even in purely economic terms, early colonial settlement was bedevilled by the question of labour: where to get the workforce to perform the brutal task of turning North America into a replica of Europe, and how to bend the workers to the task. Racial slavery was the obvious and eventual answer for commercial agriculture, but from the beginning, those in England promoting colonial schemes universally presented them as win-win projects—not only would investors reap the wealth, they would rid the realm of its human garbage.
Richard Hakluyt the elder (1530-1591), one of Elizabethan England’s chief colonial enthusiasts, referred to those he thought transportable overseas in indentured servitude as the “offals of our people.” Such commonplace imagery resonated for decades as much as any dream of avarice. In 1619, King James I wrote the Virginia Company asking for its help, not in filling his coffers, but in clearing his palace environs of vagrant boys…
As finance ministers gather, a by-the-numbers look at the Canada Pension Plan
– canadianbusiness.com
OTTAWA – Finance Minister Bill Morneau meets with his provincial and territorial counterparts in Vancouver on Monday and one of the key agenda items is going to be the federal Liberals’ push to expand the Canada Pension Plan. Here’s a by-the-numbers look at CPP.
$45 billion: Total contributions to CPP in 2015
$38.7 billion: Total benefits paid out to eligible Canadians in 2015
5.3 million: Total CPP beneficiaries in 2015
$1,092.50: Maximum monthly benefit payout in 2016
$19.97: Maximum monthly benefit payout in 1967
$1.3 billion: Cost to operate CPP in 2015
$269.6 billion: Total net assets of CPP as of March 31, 2015
$264.6 billion: Amount managed by CPP Investment Board
$290 billion: Size of the 2016 federal budget
The post As finance ministers gather, a by-the-numbers look at the Canada Pension Plan appeared first on Canadian Business – Your Source For Business News.
$45 billion: Total contributions to CPP in 2015
$38.7 billion: Total benefits paid out to eligible Canadians in 2015
5.3 million: Total CPP beneficiaries in 2015
$1,092.50: Maximum monthly benefit payout in 2016
$19.97: Maximum monthly benefit payout in 1967
$1.3 billion: Cost to operate CPP in 2015
$269.6 billion: Total net assets of CPP as of March 31, 2015
$264.6 billion: Amount managed by CPP Investment Board
$290 billion: Size of the 2016 federal budget
The post As finance ministers gather, a by-the-numbers look at the Canada Pension Plan appeared first on Canadian Business – Your Source For Business News.
