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Latest News
Is Financial Independence Retire Early (FIRE) right for you? + MORE Apr 1st
Save, invest, prosper with My Own Advisor.
FIRE
I read a boatload of personal finance and investing articles within any given month. One thing that continues to get my attention is this FIRE movement – the desire of various blog authors to be financially independent and therefore retire early.
I.... More »
Biggest marijuana ETF on TSX adds 9 new cannabis companies, including Tilray Sep 27th
The leading Canadian exchange traded fund for cannabis companies has added nine new marijuana producers to its holdings..... More »
Ex-Bank of England chief says euro a ‘very serious problem’ + MORE Mar 6th
LONDON – A former Bank of England governor says the European single currency is a serious problem for Britain, whether or not the country leaves the European Union.
Mervyn King says that even though Britain does not use the euro, “we are influenced and affected by what goes on in the eur.... More »
Bought bitcoin in 2017? Here's how cryptocurrency is taxed in Canada Apr 21st
So, you read all the headlines in 2017 about the millions of dollars to be made in cryptocurrencies, and you took the investment plunge. Don't even think about hiding that digital stash from the Canada Revenue Agency, experts warn..... More »
How to calculate capital gains and losses on rental property Apr 16th
Q. I am selling my rental property, which I lived in for six years before renting it out the last five years. I do not own another home and I am selling this one for less than market value because some horrible renters caused the property to become run down. My mortgage principal is $263,000 and I.... More »
US durable goods orders rose 0.8 per cent in April, but business investment demand declined
– canadianbusiness.com
WASHINGTON – Orders to U.S. factories for long-lasting manufactured goods advanced for a third month in April, but much of the strength came from a big surge in demand for military aircraft. Orders in a category that signals business investment plans fell by the largest amount in three months.
Orders for durable manufactured goods rose 0.8 per cent from the previous month after a 3.6 per cent gain in March and a 2.6 per cent rise in February, the Commerce Department said Tuesday. The April strength came from a big jump in demand for defence goods including airplanes. Excluding defence, orders would have fallen 0.8 per cent in April.
The April orders performance supports the view that the economy should benefit in the coming months from increased production at factories, which will bolster growth and spur further hiring.
Orders for core capital goods, a category viewed as a good proxy for business investment plans, fell 1.2 per cent in April. It was the weakest showing since a 1.9 per cent January drop…
Orders for durable manufactured goods rose 0.8 per cent from the previous month after a 3.6 per cent gain in March and a 2.6 per cent rise in February, the Commerce Department said Tuesday. The April strength came from a big jump in demand for defence goods including airplanes. Excluding defence, orders would have fallen 0.8 per cent in April.
The April orders performance supports the view that the economy should benefit in the coming months from increased production at factories, which will bolster growth and spur further hiring.
Orders for core capital goods, a category viewed as a good proxy for business investment plans, fell 1.2 per cent in April. It was the weakest showing since a 1.9 per cent January drop…
Canadian dollar rises amid rise in U.S. durable goods orders, mixed commodities
– canadianbusiness.com
TORONTO – The Canadian dollar was higher Tuesday as traders considered a heavy slate of economic data.
The loonie was up 0.06 of a cent to 92.14 cents US.
The U.S. Commerce Department reported Tuesday that orders for durable manufactured goods rose 0.8 per cent after a 3.6 per cent gain in March and a 2.6 per cent rise in February. But the April strength came from a big jump in demand for defence goods, including airplanes. Excluding defence, orders would have fallen 0.8 per cent in April.
Orders for core capital goods, a category viewed as a good proxy for business investment plans, fell 1.2 per cent in April.
Traders will also take in the latest reading on American consumer confidence later in the morning.
As far as the Canadian currency is concerned, traders are particularly interested in seeing how the economy performed in the first three months of the year. Statistics Canada releases gross domestic product data for March and the first quarter on Friday. Economists are looking for an annualized rise of 1…
The loonie was up 0.06 of a cent to 92.14 cents US.
The U.S. Commerce Department reported Tuesday that orders for durable manufactured goods rose 0.8 per cent after a 3.6 per cent gain in March and a 2.6 per cent rise in February. But the April strength came from a big jump in demand for defence goods, including airplanes. Excluding defence, orders would have fallen 0.8 per cent in April.
Orders for core capital goods, a category viewed as a good proxy for business investment plans, fell 1.2 per cent in April.
Traders will also take in the latest reading on American consumer confidence later in the morning.
As far as the Canadian currency is concerned, traders are particularly interested in seeing how the economy performed in the first three months of the year. Statistics Canada releases gross domestic product data for March and the first quarter on Friday. Economists are looking for an annualized rise of 1…
Top U.S. executives mark compensation milestone; median pay hits $10-million
– theglobeandmail.com
Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year
60 days – 1.55%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
