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RFK Jr. says he's resigned from anti-vaccine nonprofit as he seeks nation's top health official job - CTV News + MORE Jan 22nd
RFK Jr. says he's resigned from anti-vaccine nonprofit as he seeks nation's top health official job CTV NewsRFK Jr. intends to keep financial interest in some lawsuits brought by firm that challenges pharmaceutical companies CNNR.F.K. Jr. Would Keep Stake in HPV Vaccine Suit if.... More »
Toronto and Vancouver among global cities at greatest risk of housing bubble: UBS + MORE Sep 28th
ZURICH _ Toronto has topped the list of major global cities most at risk of a housing bubble with Vancouver ranking fourth, according to a new report by UBS Group AB.
It’s the first time Toronto has cracked the annual rankings compiled for the UBS Global Real Estate Bubble Index, where other t.... 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 »
US Treasury takes 'one of its most significant sanctions actions to date' on anniversary of Russia's war against Ukraine - CNN + MORE Feb 24th
US Treasury takes 'one of its most significant sanctions actions to date' on anniversary of Russia's war against Ukraine CNNUS announces sweeping new Russia sanctions 1 year into war Toronto StarZelenskiy Sends Ukrainian Lawmakers Sweeping Sanctions On Russian Financial Institu.... More »
The best GIC rates in Canada for 2024 Sep 30th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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The Globe and MailUnifor head says pension trade-off needed to secure GM dealThe Globe and MailGiving up a more secure pension scheme to reach a tentative labor deal with General Motors Co was a worthwhile trade-off because workers will benefit from new investment in Canadian plants, the head of the Canadian autoworkers union said on Tuesday.Last minute deal with GM averts strikeCTV NewsNew vehicle to be built in Oshawa under GM dealPeterborough ExaminerBusiness am: Garber hits a nerve, strike averted at General Motors of CanadaMontreal GazetteDriving -680 News -Castanet.net -The Detroit Newsall 102 news articles »
Alberta Environment Minister says climate policy needed for investment
– canadianbusiness.com
CALGARY – Alberta’s environment minister says debate around climate change has become too polarized, and that uncertainty on action will discourage investment.
Speaking to a full house at the Pembina Climate Summit in Calgary Tuesday, Shannon Phillips said the debate in the oil and gas industry has already shifted to how best to tackle climate change — but that the political right in Alberta continues to preach inaction.
“As we move back into the legislature, you will all hear again and again that this is not the right time for action. For some there will never be a right time,” said Phillips.
She said the NDP is pushing ahead with its ambitious environmental agenda, despite strong push back from opposition members who say the plan is too costly for Albertans.
“We are doing all of this in a highly polarized political environment, where the political right in this province can barely conceal their contempt for Premier Notley and her government,” said Phillips…
Speaking to a full house at the Pembina Climate Summit in Calgary Tuesday, Shannon Phillips said the debate in the oil and gas industry has already shifted to how best to tackle climate change — but that the political right in Alberta continues to preach inaction.
“As we move back into the legislature, you will all hear again and again that this is not the right time for action. For some there will never be a right time,” said Phillips.
She said the NDP is pushing ahead with its ambitious environmental agenda, despite strong push back from opposition members who say the plan is too costly for Albertans.
“We are doing all of this in a highly polarized political environment, where the political right in this province can barely conceal their contempt for Premier Notley and her government,” said Phillips…
Unifor head says pension trade-off needed to secure GM deal
– theglobeandmail.com
Unifor National President Jerry Dias says giving up a more secure pension scheme was worthwhile because workers benefit from auto maker’s new investment in Canadian plants
Eye on Shorts: What bearish investors are betting against
– theglobeandmail.com
Short position highlights are provided by TSX Datalinx.
Matt Dunham/APThe Bank of Canada’s governor says today’s era of stubbornly low interest rates means it’s time to revisit retirement plans, temper business investment expectations and encourage policy-makers to pounce on smaller morsels of economic opportunity.
In prepared remarks of a speech he was to deliver Tuesday in Quebec City, Stephen Poloz laid out recommendations on how to adapt to low interest rates that he expects will linger for a long time.
“The most important force pushing the neutral rate down has been a steady decline in the potential growth in the economy,” Poloz’s speech said.
“I have heard from many Canadians who are rightly worried about their ability to live off their savings and who are seeking a return to higher interest rates.”
The bank’s benchmark interest rate, however, has remained at a low level of 0.5 per cent for more than a year and it’s not expected to start climbing any time soon.
To ensure an adequate retirement, Poloz suggested Canadians consider saving more, working longer than planned and changing their investment mix to adjust to the persistently low interest rates…
