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After the biggest stock market sell-off in history, what's next for Facebook? Jul 28th
After a market meltdown this week that saw Facebook lose $100 billion of shareholder value, it's worth asking whether the giant could be headed — albeit very slowly — for the same fate that befell its high-tech ancestors like Myspace..... More »
Caisse warns Montreal transit project to cost more + MORE Nov 25th
Quebec pension fund says it will raise its investment by $100-million to $3.1-billion; Montreal to invest $100-million
.... More »
A practical guide to investing at every life stage Feb 3rd
Investing is a long journey, not a single decision. So, when planning out your investment strategies, it helps to consider where you’re at in your life and retirement timeline.
As your financial needs change from early career to mid-life to pre-retirement to retirement itself, so, too, should t.... More »
Podcast 9: Finding Common Ground Jun 18th
Does the whole “active versus passive” debate miss a key point about what leads to successful investing? Why do investors focus on “mutual funds versus ETFs” when neither structure is inherently superior? These are some of the topics I discuss with Tom Bradley in my latest podcast:
Tom is t.... More »
Facebook forecast for slowing growth, rising expenses sends stock down + MORE Jul 25th
Facebook Inc. fell short of analysts' estimates for monthly active users on Wednesday, months after the social network became embroiled in a data scandal that affected millions of its users..... More »
A surprise drop in U.S. oil inventories sent the price of crude higher Wednesday, sparking a triple-digit gain for the S&P/TSX Composite Index.
The operator of the Toronto Stock Exchange says it’s eliminating 95 full-time positions and about 20 consultants and contractors by the end of the first quarter of 2017.
How to avoid splitting CPP credits
– moneysense.ca
Q: Many years after my marriage failed, my spouse and I finalized our divorce, but we remained on good terms. Can we choose not to split the CPP credits? If so, what do I need to do to make this happen?
—Kate Thorburn, Vancouver
A: Here is one case where doing nothing will get you what you want. (If only this happened when it came to six-pack abs!) What I mean is that unless you file an application with Service Canada, you will not be splitting the CPP credits.
Many soon-to-be-former couples want to split the CPP credits and do the paperwork as a part of their separation. It can make a big financial difference if one spouse was out of the workforce for an extended period. The rules are complex and include some limitations so check out the Service Canada website for details.
If you really are sure that not splitting CPP is the best path for both of you, you have saved yourself some work. But you should go back and check your separation agreement, just in case it mentioned anything about CPP, says Rona Birenbaum, a CFP with Toronto-based Caring for Clients…
Toronto StarOECD cuts Canada's economic growth forecast as global economy slowsToronto StarThe Organization for Economic Co-operation and Development said weak trade and financial distortions are exacerbating slow global economic growth. Organization for Economic Co-operation and Development (OECD) chief economist Catherine Mann …OECD cuts Canada's outlook, warns on rapid surge in home pricesThe Globe and MailCanadian Economic Growth Outlook Slashed By OECDHuffington Post CanadaOECD slashes Canada's growth forecast, warns that global trade is stallingFinancial PostThe Guardian -Wall Street Journal -Radio Canada International -The Week UKall 63 news articles »
US, Canada broker agreement to share dwindling cod fishing
– canadianbusiness.com
PORTLAND, Maine – The United States and Canada have brokered a deal to share what’s left of the dwindling North American cod fishing business in the Atlantic next year.
Both countries fish for cod, an important food fish that has declined in population following overfishing and warming ocean temperatures. The two fisheries overlap in the eastern reaches of Georges Bank, an important fishing area located off of New England.
The countries have agreed to set the total allowable catch at 730 metric tons next year. The U.S. will be allowed to take 146 metric tons and Canada will get the rest.
The agreement represents an 8 metric ton increase for the U.S. and a 96 metric ton increase for Canada. A regional fishing council approved the agreement for the U.S. on Wednesday.
The post US, Canada broker agreement to share dwindling cod fishing appeared first on Canadian Business – Your Source For Business News.
Both countries fish for cod, an important food fish that has declined in population following overfishing and warming ocean temperatures. The two fisheries overlap in the eastern reaches of Georges Bank, an important fishing area located off of New England.
The countries have agreed to set the total allowable catch at 730 metric tons next year. The U.S. will be allowed to take 146 metric tons and Canada will get the rest.
The agreement represents an 8 metric ton increase for the U.S. and a 96 metric ton increase for Canada. A regional fishing council approved the agreement for the U.S. on Wednesday.
The post US, Canada broker agreement to share dwindling cod fishing appeared first on Canadian Business – Your Source For Business News.
