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After major issues with tenants, these Ontario landlords blame their real estate agents - CBC Jul 15th
After major issues with tenants, these Ontario landlords blame their real estate agents CBC.... More »
How does OSAP work? How can I pay it off? We make it make sense Jan 31st
This week, we’ve received a few questions on student loans, from how the interest percentage works, to if students can start investing while receiving financial aid..... More »
Retirement taxes explained: Withholding, clawbacks, and other surprises Sep 17th
Many working-age Canadians wonder what the impact of retirement will be on their tax situation. As you save and build wealth, it is important to plan for the eventual tax treatment of your retirement assets and income as you approach that transition.
Taxation in Canada
When you are.... More »
Rising rates to boost vulnerability: PBO - Hamilton Spectator + MORE Jun 20th
Rising rates to boost vulnerability: PBOHamilton SpectatorOTTAWA — A new analysis says the expected, gradual rise of interest rates is poised to lift the financial vulnerability of Canadian households well above levels seen in the last three decades. The parliamentary budget officer's report .... More »
CIBC report says strength in job market even better than headlines suggest + MORE Jan 11th
TORONTO _ A report by CIBC says the recent strength in Canada’s labour market runs deeper than just the 420,000 jobs added last year.
CIBC deputy chief economist Benjamin Tal says the economy also saw average wage earnings grow and the creation of more higher-paying jobs last year than low-pay.... More »
Germans rally against planned EU trade deals with US, Canada
– canadianbusiness.com
BERLIN – Thousands of people are rallying in cities across Germany to protest against planned European Union trade deals with the United States and Canada.
Opponents say the Trans-Atlantic Trade and Investment Partnership being negotiated between the U.S. and the EU would undermine European environmental standards and consumer rights.
Protesters gathered in Berlin, Hamburg, Cologne, Leipzig and Frankfurt on Saturday may have felt emboldened by Germany’s economy minister, who declared last month that the TTIP talks had “de facto failed, even though nobody is really admitting it.” His assertion was swiftly rejected by officials in Washington and Brussels.
Negotiations for a similar deal with Canada have progressed further, although France, Germany and Austria have voiced lingering concerns.
Backers say such trade deals would boost the global economy.
The post Germans rally against planned EU trade deals with US, Canada appeared first on Canadian Business – Your Source For Business News.
Opponents say the Trans-Atlantic Trade and Investment Partnership being negotiated between the U.S. and the EU would undermine European environmental standards and consumer rights.
Protesters gathered in Berlin, Hamburg, Cologne, Leipzig and Frankfurt on Saturday may have felt emboldened by Germany’s economy minister, who declared last month that the TTIP talks had “de facto failed, even though nobody is really admitting it.” His assertion was swiftly rejected by officials in Washington and Brussels.
Negotiations for a similar deal with Canada have progressed further, although France, Germany and Austria have voiced lingering concerns.
Backers say such trade deals would boost the global economy.
The post Germans rally against planned EU trade deals with US, Canada appeared first on Canadian Business – Your Source For Business News.
For-profit college operator ITT files for bankruptcy
– canadianbusiness.com
CARMEL, Ind. – For-profit college operator ITT Educational Services Inc. has filed for Chapter 7 bankruptcy.
The Indianapolis Star reported Friday (http://indy.st/2cfFMkV ) that the Carmel, Indiana-based company is unloading its assets after the shutdown of 130 campuses nationwide. The closure displaced more than 35,000 students and more than 8,000 employees.
It is the second major for-profit college operator to file for bankruptcy in the past two years amid a federal crackdown on the industry. ITT has blamed government regulation. Its critics have pointed to fraud charges from the Securities and Exchange Commission and investigations and lawsuits from about 20 state attorneys general.
ITT was accused of failing to disclose bad loans, inflating job placement numbers and using aggressive recruiting tactics.
ITT listed its assets and liabilities at between $100 million and $500 million.
___
Information from: The Indianapolis Star, http://www.indystar.com
The post For-profit college operator ITT files for bankruptcy appeared first on Canadian Business – Your Source For Business News.
The Indianapolis Star reported Friday (http://indy.st/2cfFMkV ) that the Carmel, Indiana-based company is unloading its assets after the shutdown of 130 campuses nationwide. The closure displaced more than 35,000 students and more than 8,000 employees.
It is the second major for-profit college operator to file for bankruptcy in the past two years amid a federal crackdown on the industry. ITT has blamed government regulation. Its critics have pointed to fraud charges from the Securities and Exchange Commission and investigations and lawsuits from about 20 state attorneys general.
ITT was accused of failing to disclose bad loans, inflating job placement numbers and using aggressive recruiting tactics.
ITT listed its assets and liabilities at between $100 million and $500 million.
___
Information from: The Indianapolis Star, http://www.indystar.com
The post For-profit college operator ITT files for bankruptcy appeared first on Canadian Business – Your Source For Business News.
Weekend Reading – Money revelations, value stocks, avoiding home ownership and more
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
Welcome to a new Weekend Reading edition friends. I hope the back end of the summer is treating you well. Earlier this week I shared this financial goals update. We’re on vacation thanks to some savings we started many months ago.
For folks looking to put major dents into their retirement plans – here are 25 kick a$$ ways to do it.
Enjoy your weekend and see you here next week!
I enjoyed these money revelations by Ben Carlson.
Andrew Hallam believes value stocks are not dead and buried. In fact, most asset classes have their day in the sun when they look dead.
Our Big Fat Wallet had a take on avoiding home ownership to retire early. We didn’t avoid home ownership and we hope to still retire early anyhow thanks to an aggressive savings rate. Besides, very early retirement might actually be boring after a while…
Tawcan listed some impressive dividend income.
Sean Cooper, free from his Toronto mortgage, shared his net worth update on Million Dollar Journey…
Welcome to a new Weekend Reading edition friends. I hope the back end of the summer is treating you well. Earlier this week I shared this financial goals update. We’re on vacation thanks to some savings we started many months ago.
For folks looking to put major dents into their retirement plans – here are 25 kick a$$ ways to do it.
Enjoy your weekend and see you here next week!
I enjoyed these money revelations by Ben Carlson.
Andrew Hallam believes value stocks are not dead and buried. In fact, most asset classes have their day in the sun when they look dead.
Our Big Fat Wallet had a take on avoiding home ownership to retire early. We didn’t avoid home ownership and we hope to still retire early anyhow thanks to an aggressive savings rate. Besides, very early retirement might actually be boring after a while…
Tawcan listed some impressive dividend income.
Sean Cooper, free from his Toronto mortgage, shared his net worth update on Million Dollar Journey…
America’s press is dead. Long live the billionaires.
– macleans.ca
Republican presidential nominee Donald Trump walks away from the podium after stating that U.S. President Barack Obama was born in the United States at a campaign event at the Trump International Hotel in Washington, D.C., September 16, 2016. (Mike Segar/Reuters)Friday felt familiar.
Four years ago, in the fall of 2012, billionaire real estate mogul, TV star, and gold-plating aficionado Donald Trump teased the media with the suggestion that he had a big announcement to make. He called it a “bombshell”. He called it an “October surprise”. When it finally happened—on October 24 of that year—it turned out to be a YouTube video. Facing a camera sitting at desk-level, Trump offered to send $5 million to a charity of Barack Obama’s choice if the president released his passport and college admission records.
Trump’s challenge came a year after Obama had already released his full birth certificate, and about four years after the “birthers” movement—a collection of people who believe Obama was born outside the United States (possibly Kenya), and to whose theories Trump fully subscribed—started gaining traction, demanding proof the president was an American…
