Weekend Reading – Shame on some advisors, rich Vancouverites, tools for retirement and more + MORE Aug 12th

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Why Petronas cancelled its massive B.C. LNG project + MORE Jul 31st

(iStock) This week, Petronas finally announced that it would not proceed with its Pacific Northwest LNG project—part of a proposed $36 billion investment in B.C. natural gas production, processing and shipping. While the project had significant potential when first announced, and Petronas signalle.... More »

The best high-interest savings accounts in Canada for 2024 + MORE Jun 10th

Save The best high-interest savings accounts in Canada for 2024 Here are the accounts offering the highest interest rates and lowest fees. Compare now Tap the button for more details. W.... More »

Toronto's housing market tightened in March despite falling prices Apr 7th

Toronto's real estate board says it's too hard to say if prices have 'bottomed out,' but sales ticked up in March while new listings fell by double digits..... More »
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Stocks slide after Republicans 'press pause' on debt ceiling talks: Stock market news today - Yahoo Canada Finance + MORE May 19th

Stocks slide after Republicans 'press pause' on debt ceiling talks: Stock market news today  Yahoo Canada FinanceWhat every Canadian investor needs to know today  The Globe and MailStocks Slide After Republicans Pause Debt Ceiling Negotiations  BarchartS&P 500 hits .... More »

The best high-interest savings accounts in Canada for 2025 + MORE Jan 26th

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Advertisement Why trust us MoneySense is an.... More »
KINGS BEACH, Calif. – The Placer County Planning Commission is recommending approval of a sweeping, controversial development plan at a California ski resort in the Sierra north of Lake Tahoe.
Nearly 100 people offered public comment before the panel voted 4-2 in Kings Beach Thursday night to approve the Squaw Valley expansion project and forward it to the county commission for final consideration.
If approved, Squaw Valley Real Estate would be allowed to add nearly 1,500 motel rooms, condos, time shares and retail space in Olympic Valley over the next 25 years at an estimated cost of up to $1 billion.
Plans also call for construction of a 90,000-square foot indoor adventure centre and water park at the resort that hosted the 1960 Winter Olympics.
Opponents say the project will generate too much pollution, traffic and noise.
Critics including California Attorney General Kamala Harris say the increased traffic also would threaten public safety by raising the risk of traffic accidents, especially in Squaw Valley where just one road connects the valley to Highway 89 south of Truckee…

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Learn, save, invest and prosper with My Own Advisor.
Welcome to your Weekend Reading, over a coffee or a beer or a glass of wine this weekend.
Earlier this week I shared how I would manage a $1 million portfolio and for the first time ever on this site, I shared what I thought might be an age whereby we could achieve financial freedom.
To clarify, “freedom journey” this is not about us leaving the workforce for good, cold turkey.   It’s about providing more choices regarding how we work, where we work and what we work at.  Plans are always estimates about the future, based on what you know and what you don’t know.  This makes plans subject to change and we’re open to those changes – but I think it’s important to have some goals to strive towards even if the future is unknown; things associated with family, relationships, career, finance and so on.  Anyhow, drop me a comment or an email and let me know what you think about plans shared on this site or in general.
Enjoy your weekend!
First up for Weekend Reading…the financial services industry should be ashamed of this news release…

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The stock has plummeted 71 per cent this year after a more than seven-fold increase since 2012

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CTV NewsNorth American markets down slightly from recent highs, loonie risesCTV NewsTORONTO – The Toronto Stock Exchange and major U.S. markets are down slightly in late morning trading. The S&P/TSX composite index is down 14.84 points at 14,781.22, still near its highest level this year. The Dow Jones industrial average fell by 15.48 …Futures point to lower start as oil prices weakenYahoo Newsall 12 news articles »

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TORONTO – The Toronto Stock Exchange and major U.S. markets are down slightly in late morning trading.
The S&P/TSX composite index is down 14.84 points at 14,781.22, still near its highest level this year.
The Dow Jones industrial average fell by 15.48 points at 18,598.04, the broader S&P 500 composite index barely slipped, down 0.46 of a point to 2,185.33, and the Nasdaq composite lost 1.27 points to 5,227.13.
The Canadian dollar was at 77.33 cents US, up 0.29 of a cent from Thursday’s close.
The September crude contract was up $1.01 at US$44.50 per barrel and September natural gas was up 6.4 cents at US$2.62 per mmBTU.
The December gold contract rose $9 to US$1,351.50 an ounce and September copper contracts fell three cents to US$2.16 a pound.
The post North American markets down slightly from recent highs, loonie rises appeared first on Canadian Business – Your Source For Business News.

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