How to go about securing the best return for your investment in Canada.
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Alberta government names former PM Harper as AIMCo board chair, reappoints three former members - Calgary Herald + MORE Nov 20th
Alberta government names former PM Harper as AIMCo board chair, reappoints three former members Calgary HeraldStephen Harper appointed chairman of Alberta Investment Management Corporation CBC.caStephen Harper appointed to oversee $160B AIMCo fund Global News Toronto.... More »
US stocks gain as financial stocks climb; Hospital stocks slump after HCA warns on earnings + MORE Oct 15th
NEW YORK, N.Y. – Stocks are moving higher following two days of losses as investors respond to some positive earnings surprises.
Financial stocks rose after Citigroup reported better profits for the third quarter than analysts were expecting. Citi was up 3 per cent at midday Thursday.
Hospital.... More »
Would Amazon's Acquisition of Electronic Arts Make Sense? - The Motley Fool Aug 27th
Would Amazon's Acquisition of Electronic Arts Make Sense? The Motley FoolWhy are all these tech companies suddenly not buying EA? MobileSyrupElectronic Arts stock surges on rumor of potential Amazon sale Yahoo FinanceElectronic Arts buffeted on report of Amazon ready.... More »
3 Easy Ways to Begin Investing With Only $200 + MORE Nov 11th
We all have more time on our hands at home, in these days of the coronavirus pandemic and social distancing. Rather than lament the absence of our usual social activities and hobbies, why not take this opportunity to learn something new?
If you have an extra $200 to play with, you can learn how to i.... More »
3 financial goals to kick-start the new year Jan 16th
Over the holidays, many Canadians made new year’s resolutions related to their career, health and family. If you haven’t added any financial goals to your list, now is the perfect time. Let’s look at three things you can do that could significantly impact your financial well-being this year—.... More »
U.S. demand poised to fuel modest oil recovery: report
– theglobeandmail.com
Blackrock Investment Institute says price could hit equilibrium level of about $65 a barrel within the next 12 months thanks demand centred in the United States
Canadian billionaires Frank Giustra, Joseph Kruger II and Marcel Adams had declared the assets they held at HSBC in Switzerland – but many other rich Canadians used Swiss banking secrecy to hide their fortune, according to a CBC News investigation.
Weekend Reading – Cool videos, decisions, anniversaries, buys and more
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
Welcome to some fine Weekend Reading folks.
Winter in Canada got you down yet? I know I’m ready to wave the white flag. We continue to get snow in Ottawa amidst -25 degree Celsius weather. Good times if you’re a polar bear. Bad news if you want to see spring like I do. I hope it comes soon.
Earlier this week I answered a few reader questions about how to start investing and I proceeded to answer a few more questions about my monthly dividend income updates. Speaking of the latter I need to post January’s income update soon. I hope to share that with you next week along with another post I’m thinking about. Also, don’t forget to enter my TurboTax Canada giveaway – I’ve got six online codes to giveaway this year!
Enjoy this Weekend Reading edition, Happy Valentine’s Day and see you here again next week.
Preet Banerjee had a cool video comparing renting versus home ownership…
Welcome to some fine Weekend Reading folks.
Winter in Canada got you down yet? I know I’m ready to wave the white flag. We continue to get snow in Ottawa amidst -25 degree Celsius weather. Good times if you’re a polar bear. Bad news if you want to see spring like I do. I hope it comes soon.
Earlier this week I answered a few reader questions about how to start investing and I proceeded to answer a few more questions about my monthly dividend income updates. Speaking of the latter I need to post January’s income update soon. I hope to share that with you next week along with another post I’m thinking about. Also, don’t forget to enter my TurboTax Canada giveaway – I’ve got six online codes to giveaway this year!
Enjoy this Weekend Reading edition, Happy Valentine’s Day and see you here again next week.
Preet Banerjee had a cool video comparing renting versus home ownership…
Ontario’s provincially owned Hydro One sees profit slip 7% in 2014
– canadianbusiness.com
TORONTO – Hydro One Inc., Ontario’s provincially owned electricity transmission and distribution company, has reported a seven per cent drop in profits in 2014 as higher power purchase costs and increased operating expenses more than offset an increase in revenue.
Hydro One said full-year net income was $749 million versus $803 million in 2013, resulting in a dividend payment of $287 million to its sole shareholder, the Province of Ontario.
The $54-million decrease in net income was primarily due to an increase in the company’s distribution operation and maintenance and administration costs as a result of a number of factors.
Those factors included costs of customer service recovery initiatives and an increase in bad debt expense resulting from the temporary suspension of collection activities over several months.
“Consistent with our customer service recovery, certain collection tools are being reinstated,” the company said in its earnings release.
It also faced higher electricity consumption due to a substantially colder than normal winter and higher electricity prices…
Hydro One said full-year net income was $749 million versus $803 million in 2013, resulting in a dividend payment of $287 million to its sole shareholder, the Province of Ontario.
The $54-million decrease in net income was primarily due to an increase in the company’s distribution operation and maintenance and administration costs as a result of a number of factors.
Those factors included costs of customer service recovery initiatives and an increase in bad debt expense resulting from the temporary suspension of collection activities over several months.
“Consistent with our customer service recovery, certain collection tools are being reinstated,” the company said in its earnings release.
It also faced higher electricity consumption due to a substantially colder than normal winter and higher electricity prices…
outhwestern Ontario’s auto industry got another shot in the arm Thursday with a $560-million investment in GM’s CAMI assembly plant in Ingersoll.
