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What can I hold in an FHSA? + MORE Jan 10th
Would Canadians have access to different account types such as GICs and self-directed investing when it comes to the new tax-free first home savings account, which is rumoured to be introduced this year?It seems this would only make sense as it’s the case with other tax-sheltered accounts (i.e.... More »
How to Make Your Office More Sustainable Feb 14th
If the walls of Avison Young’s new Edmonton headquarters could talk, they might want to brag about their new threads. To up its sustainability factor, the real estate firm has insulated its new office with recycled denim jeans—210 pairs to be exact, mechanically separated and formed into batts, .... More »
The best RRSPs in Canada for 2024 + MORE May 23rd
RRSPs
The best RRSPs in Canada
We’ve rounded up the best RRSP rates on savings accounts and GICs, as well as the best RRSP investment accounts.
Compare now
Tap the button for more details.
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Liberals deliver tax breaks for businesses in response to Trump's rate cuts - The Globe and Mail Nov 22nd
The Globe and MailLiberals deliver tax breaks for businesses in response to Trump's rate cutsThe Globe and MailThe Liberal government has delivered billions of dollars in tax breaks for businesses in an economic update that gives priority to incentives for new corporate investment over shrinkin.... More »
What every American should know before buying a home in Canada + MORE Jul 24th
Buying a home is one of life’s biggest financial decisions, but it’s also one of the easiest places to make an expensive cross-border tax mistake. For many families, purchasing a home represents stability, permanence, and the feeling of finally putting down roots. For U.S. citizens living in.... More »
Canadian blank-cheque companies look to mimic their U.S. peers
– theglobeandmail.com
SPACs debuted last year on the Canadian stock market, with six companies raising approximately $1-billion
The GuardianUK universities fall in world rankings amid Brexit concernsThe GuardianBritish universities have taken a tumble in the latest international rankings, as concern persists about the potential impact of Brexit on the country's higher education sector. The UK's top-ranked university, Cambridge, has fallen out of the top three …Investment in Higher Education Pays in QS World University Rankings 2016/2017Montreal GazetteInvestment in research driving improvements in Australian universities' QS World University RankingsThe Sydney Morning HeraldTop 200 universities in the world 2016: the global trendsThe GuardianThe Australian Financial Review -The Australian -Newstalk ZB -Otago Daily Timesall 20 news articles »
August 2016 Dividend Income Update
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
How many stocks should you own? That’s a question I receive often.
My answer: it depends!
If you’re an indexer the answer is probably as many as possible. In The Investor’s Manifesto author William Bernstein wrote: “since we cannot predict in advance which stock and bond asset classes will perform the best, we diversify.”
That makes sense.
Investors can reduce the risks that come with individual stock ownership by owing the whole market not just a few select companies. This seems like a smart thing to do, so I follow Bernstein’s advice. Sort of.
I believe the Canadian market is not very diverse though. I wrote as much here suggesting investors should consider unbundling their Canadian ETF for income – eventually. That process has already started for me. I’ve created my own Canadian dividend ETF essentially. Going this route I won’t have to worry about ongoing money management fees or MERs for the Canadian portion of my portfolio…
How many stocks should you own? That’s a question I receive often.
My answer: it depends!
If you’re an indexer the answer is probably as many as possible. In The Investor’s Manifesto author William Bernstein wrote: “since we cannot predict in advance which stock and bond asset classes will perform the best, we diversify.”
That makes sense.
Investors can reduce the risks that come with individual stock ownership by owing the whole market not just a few select companies. This seems like a smart thing to do, so I follow Bernstein’s advice. Sort of.
I believe the Canadian market is not very diverse though. I wrote as much here suggesting investors should consider unbundling their Canadian ETF for income – eventually. That process has already started for me. I’ve created my own Canadian dividend ETF essentially. Going this route I won’t have to worry about ongoing money management fees or MERs for the Canadian portion of my portfolio…
Dubai port operator DP World inks deal for Somaliland port
– canadianbusiness.com
DUBAI, United Arab Emirates – Dubai port operator DP World says it has secured a 30-year deal to develop and manage a cargo port on Somalia’s semi-autonomous region of Somaliland.
The company said on Monday that it will set up a joint venture with the Somaliland government and control 65 per cent of the project in the port of Berbera. An investment of up to $442 million will include a quay and yard expansion as well as cargo cranes.
The concession includes an automatic 10-year extension.
Somaliland seeks international recognition for its claim of independence from the rest of Somalia. It broke away in 1991 after the overthrow of Somali dictator Siad Barre.
Dubai government-backed DP World is one of the world’s largest seaport operators, with interests in more than 70 marine terminals on six continents.
The post Dubai port operator DP World inks deal for Somaliland port appeared first on Canadian Business – Your Source For Business News.
The company said on Monday that it will set up a joint venture with the Somaliland government and control 65 per cent of the project in the port of Berbera. An investment of up to $442 million will include a quay and yard expansion as well as cargo cranes.
The concession includes an automatic 10-year extension.
Somaliland seeks international recognition for its claim of independence from the rest of Somalia. It broke away in 1991 after the overthrow of Somali dictator Siad Barre.
Dubai government-backed DP World is one of the world’s largest seaport operators, with interests in more than 70 marine terminals on six continents.
The post Dubai port operator DP World inks deal for Somaliland port appeared first on Canadian Business – Your Source For Business News.
The tuition always rises
– moneysense.ca
(Illustration by Christy Lundy)So you’ve got a little ankle-biter at home you’d like to see in a graduation gown one day? Take a deep breath: While Statistics Canada pegged the average 2015 tuition fee at $6,191, and previous studies found that graduates expect it’ll take 7.4 years to pay off their loans, the projected tuition cost in 2035 is a jaw-dropping $17,200 per year, according to the Canada Student Loans Program. That doesn’t even include the cost of books, lodging or the occasional Martian craft beer. One recent estimate put the total cost of a four-year degree in 2035 at more than $102,000. Here’s how to build a financial flotation device to keep your head above the rising cost of education.
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}Keep back to school costs under control this year
Get a leg-up from the government
There’s no doubt about it: The Registered Education Savings Plan (RESP) is a sledgehammer against future student debt…
