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Oilpatch stays home from B.C. conference after Whistler mayor calls for climate-change compensation Dec 14th
Cenovus is the latest energy company to opt out of a investment conference in Whistler, B.C., after the mayor of that community called on Canadian Natural Resources to help compensate them for the costs of climate change..... More »
Tesla shares bounce - Business News - Castanet.net May 24th
Tesla shares bounce - Business News Castanet.netElon Musk says Tesla is on track to hit record-high car deliveries MobileSyrupTesla on course to make record deliveries in second quarter, leaked Musk e-mail says The Globe and MailOnce Bullish Tesla Stock Analyst Revea.... More »
FHSA withdrawal rules and and rental property advice for a first-time home buyer Oct 11th
Ask MoneySense
Would it be beneficial to open a first-time home buyer’s savings account if I was planning on buying a property soon, say, in 2023 or 2024?
If I purchase a house and live in the basement but rent out the main floor, would that still be taxed as capital gains?
Are there any inv.... More »
Imperial Oil sells Esso gas stations for $2.8-billion + MORE Mar 9th
Energy companies have sought to jettison assets to help weather the sharp plunge in oil prices to less than $40 (U.S.) a barrel
.... More »
Finance leaders pledge effort to boost global growth Apr 17th
WASHINGTON – Global finance officials are vowing to try to reinvigorate a lacklustre global economy and urging governments to embrace free trade and do more to fight tax evasion.
Concluding biannual meetings by the world finance leaders, the 189-nation International Monetary Fund said in a sta.... More »
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Welcome to another Weekend Reading list, sharing the best in personal finance and investing. This week, these 15 financial rules got a bit of press across social media circles and I shared four fat financial failures to avoid.
Enjoy these top picks from the week that was and we’ll see you here again next week.
Rob Carrick suggested to look for (and hold) wealth creation stocks.
Retire Happy wrote about the importance of failing.
Barry Choi provided some tips to kill your mortgage sooner. We use a combination of these things.
The folks at BadCredit.org ranked yours truly in their top 10 Best Canadian Personal Finance Blogs. Thanks for the honour!
“I’m an indexer. I don’t care what the indexes did today!” - Preet Banerjee (2014). Read more here about Preet’s comment and Big Cajun Man’s confession.
5i Research told us stock target prices are just bad.
One of my favourite writers, Andrew Hallam, told us to diversify, relax, rebalance and repeat when it comes to investing…
Enjoy these top picks from the week that was and we’ll see you here again next week.
Rob Carrick suggested to look for (and hold) wealth creation stocks.
Retire Happy wrote about the importance of failing.
Barry Choi provided some tips to kill your mortgage sooner. We use a combination of these things.
The folks at BadCredit.org ranked yours truly in their top 10 Best Canadian Personal Finance Blogs. Thanks for the honour!
“I’m an indexer. I don’t care what the indexes did today!” - Preet Banerjee (2014). Read more here about Preet’s comment and Big Cajun Man’s confession.
5i Research told us stock target prices are just bad.
One of my favourite writers, Andrew Hallam, told us to diversify, relax, rebalance and repeat when it comes to investing…
Business Highlights
– canadianbusiness.com
___
Bank of America settlement likely to benefit few
WASHINGTON (AP) — Bank of America’s record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners.
The settlement requires the second-largest U.S. bank to reduce some homeowners’ loan balances, provide new loans to low-income buyers and address areas of neighbourhood blight.
But consumer advocates say relatively few people will be helped relative to the devastation triggered by the mortgage bonds, which fueled the worst financial crisis since the 1930s and threw millions of homes into foreclosure.
Only a fraction of homeowners would be eligible for refinancing under the settlement. And the process by which people would qualify and receive aid could drag on for years, with payouts set to be completed as late as 2018.
___
United lures top fliers with promise of a hot meal
NEW YORK (AP) — To win the hearts of frequent business travellers, United Airlines is going through their stomachs…
Bank of America settlement likely to benefit few
WASHINGTON (AP) — Bank of America’s record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners.
The settlement requires the second-largest U.S. bank to reduce some homeowners’ loan balances, provide new loans to low-income buyers and address areas of neighbourhood blight.
But consumer advocates say relatively few people will be helped relative to the devastation triggered by the mortgage bonds, which fueled the worst financial crisis since the 1930s and threw millions of homes into foreclosure.
Only a fraction of homeowners would be eligible for refinancing under the settlement. And the process by which people would qualify and receive aid could drag on for years, with payouts set to be completed as late as 2018.
___
United lures top fliers with promise of a hot meal
NEW YORK (AP) — To win the hearts of frequent business travellers, United Airlines is going through their stomachs…
Mozambique eyes Asian LNG markets as $30-billion earmarked for investment
– theglobeandmail.com
Anadarko and Eni developing Rovuma Basin gas reserves
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
