Three lower-risk REITs with rising payouts + MORE Jun 27th

All of these real estate investment trusts have conservative payout ratios, making them safer options and increasing the chances of future increases

The factors that have eroded financial institutions’ return on equity since the financial crisis is expected to stabilize this year

Prime Minister Justin Trudeau sought Tuesday to assuage public fears and political complaints that the Liberal government’s decision to allow the Chinese takeover of a Canadian satellite technology company would compromise national security at home and abroad.
Hytera Communications Co. Ltd. is set to take over Norsat International Inc., which manufactures radio transceivers and radio systems used by the American military and Canada’s NATO partners.
The private Chinese firm first made a bid for the Vancouver-based technology company in 2016, triggering a review under federal law to ensure Canadian interests weren’t harmed in the foreign takeover.
It was only earlier this month that the results of the review were made public when the company said it had been informed that a formal security review wouldn’t be required.
Trudeau said an initial government review of the takeover, required under the Investment Canada Act, unearthed “no significant national security concerns” and didn’t require any further reviews…

 

It used to be Canadians pretty much shared an idea of what retirement looked like. You worked until you were 65 and then you punched your time card and went sailing or played golf. If you were lucky enough to have socked away more money, you might have quit your job five or even 10 years earlier.
Today, the definition of retirement is evolving. Why? We’re living and staying active longer. That means some people might want to work longer, just to stay busy. Another factor is many Canadians cannot count on the same generous corporate pensions their parents enjoyed. In that case, they may have to work longer whether they want to or not.
“When you talk about retirement to one person, it can now mean something completely different from what retirement means to another,” says retirement expert and certified financial planner Tom Feigs of Calgary. “Anything from fully retiring from the workforce at 55 to working part time after 65 is considered retirement,” he adds, before concluding: “Canadians are redefining the concept of retirement with changing trends in longevity, demographics and the workplace…

Federal Reserve Chair Janet Yellen said Tuesday that banking reforms now in place have made the financial system safer, and the world should be able to avoid the type of devastating crisis that struck the global economy in 2008.
Speaking at the British Academy in London, Yellen said that the changes that have been implemented since 2008 have made the “system much safer and much sounder,” with banking regulators doing a better job searching for risks to financial stability.
She said that she would not go so far as to predict that the world will never be hit with another financial crisis, saying “probably that is going too far.” But she said that with the reforms now in place, the next crisis “hopefully, it won’t be in our lifetimes.”
During a question period, Yellen was asked how she would characterize her relationship with President Donald Trump, who had attacked her handling of the Fed policies as “shameful” during last year’s campaign…