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An inside look at Fort McKay First Nation’s historic investment + MORE May 12th
Suncor and Fort McKay First Nation come together to create a mutually beneficial investment deal.
When businesses and communities work together, everyone benefits. The East Tank Farm agreement between Suncor, Fort McKay First Nation (FMFN) and Mikisew Cree First Nation (MCFN) communities in Alberta .... More »
Panic Monday: World stock markets plunge again as Trump doubles down on tariffs + MORE Apr 7th
On Friday, the worst market crisis since COVID slammed into a higher gear as the S&P 500 plummeted 6% and the Dow plunged 5.5%..... More »
Dream Office REIT selling Scotia Plaza stake, other assets for $1.7-billion + MORE Jun 23rd
The Toronto-based real estate investment trust says it will use some of the proceeds to buy back and cancel $440-million worth of its investment units
.... More »
Samsung Galaxy Z Fold7 “Sold Out” Across Major Cities, Production Ramped Up: Check Price And Top Features - NDTV Profit Jul 31st
Samsung Galaxy Z Fold7 “Sold Out” Across Major Cities, Production Ramped Up: Check Price And Top Features NDTV ProfitSamsung Galaxy Z Flip 7 review: great-looking and fun, but iterative Android The GuardianGalaxy Z Fold 7 is such a big hit that Samsung's run out of stock in.... More »
Old-school financial advice that no longer applies Feb 12th
Buying a starter home, living on one income and staying in the same job for 40 years—life was very different for older generations and many young people have realized what worked for their parents doesn’t necessarily work in today’s modern world.
As younger Canadians continue to fac.... More »
Shares of Valeant Pharmaceuticals plunged further in after-hours trading on Monday after the Wall Street Journal reported that the drugmaker may restate earnings after an internal review.
Valeant expected to restate earnings after internal review
– theglobeandmail.com
Move likely concerns sales of its drugs to specialty pharmacy Philidor Rx Services
RRSP facts and guidance for this season
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
With “RRSP season” now in full swing I thought I would remind you about some RRSP facts, why the RRSP is a powerful savings vehicle, why you might want to take advantage of it (or not), what to avoid when it comes to this account, and share what our longer term game plan for this account is.
First up, RRSP facts this year
With “RRSP season” now in full swing I thought I would remind you about some RRSP facts, why the RRSP is a powerful savings vehicle, why you might want to take advantage of it (or not), what to avoid when it comes to this account, and share what our longer term game plan for this account is.
First up, RRSP facts this year
The RRSP contribution deadline for the 2015 tax year is coming up – February 29th.
Contributions to an RRSP are tax deductible, so you can use these tax deductions to reduce your taxable income.
There is no minimum age requirement to have an RRSP; a minor can set one up thanks to their parent or legal guardian.
Contribution limits are based on the contributor’s earned income and can be found on his/her tax notice of assessment. The contribution room to this account is based on 18% of your earned income from the previous year up to a maximum of $24,930 for the 2015 tax year. (That’s a good chunk of change to sock away for your financial future)…
Argentina resolves bond debt claims for $250M and 185M euros
– canadianbusiness.com
NEW YORK, N.Y. – Argentina has reached a settlement with several bondholders for $250 million and 185 million euros, a court-appointed mediator said Monday as the country continues work toward ending a debt crisis that has damaged its ability to manoeuvr financially abroad.
The latest deals boost to more than $1.5 billion the amount Argentina has committed in deals since President Mauricio Macri took office on Dec. 10.
Court-appointed mediator Daniel Pollack has announced a string of agreements over several weeks after Argentina announced it expected to pay about $6.5 billion to settle claims of about $10 billion by bondholders, including U.S. hedge funds.
The latest settlements involve bondholders including Lightwater Corp, Old Castle Holdings, VR Capital, Procella Holdings and Capital Ventures International, Pollack said.
The bondholders refused to swap their bonds at a steep discount when Argentina offered swaps in 2005 and 2010 to ease its financial crisis after it defaulted on $100 billion in bonds in 2001…
The latest deals boost to more than $1.5 billion the amount Argentina has committed in deals since President Mauricio Macri took office on Dec. 10.
Court-appointed mediator Daniel Pollack has announced a string of agreements over several weeks after Argentina announced it expected to pay about $6.5 billion to settle claims of about $10 billion by bondholders, including U.S. hedge funds.
The latest settlements involve bondholders including Lightwater Corp, Old Castle Holdings, VR Capital, Procella Holdings and Capital Ventures International, Pollack said.
The bondholders refused to swap their bonds at a steep discount when Argentina offered swaps in 2005 and 2010 to ease its financial crisis after it defaulted on $100 billion in bonds in 2001…
