The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Caribbean islands begin preparations for Hurricane Irma - CTV News Sep 3rd
CTV NewsCaribbean islands begin preparations for Hurricane IrmaCTV NewsSAN JUAN, Puerto Rico -- Islands at the eastern end of the Caribbean Sea made preparations Sunday for approaching Hurricane Irma, a Category 3 storm that could threaten the area beginning Tuesday. Hurricane watches were posted fo.... More »
Lawyers for Ghislaine Maxwell propose $28.5M bail package, including armed guards - Global News + MORE Dec 15th
Lawyers for Ghislaine Maxwell propose $28.5M bail package, including armed guards Global NewsGhislaine Maxwell proposes $28.5M bail package, secured by all of her and her husband's assets National PostGhislaine Maxwell proposes $28.5M bail package Toronto SunGhislain.... More »
Buying your first car in Canada: Insider tips from a salesperson + MORE Dec 11th
Buying a car is a major financial decision, possibly the biggest purchase you’ll ever make besides buying a home. Monthly housing costs should not take up more than 32% of your gross household income. Your car budget, while much smaller, could still be as high as 10%. And with Canada’s increasin.... More »
High borrowing costs, record completions lead to condo oversupply Sep 12th
Greater Toronto Area-real estate watchers say the combination of high interest rates and an uptick in new condo units coming online has led to an oversupply that will take time to balance out.
A report by TD economist Rishi Sondhi said sales activity hasn’t been absorbing supply fast enough.... More »
Is semi-retirement stressful? You bet—here’s what to do about it + MORE Jul 26th
One of my semi-retirement philosophies is that reducing stress can sometimes be more important than maximizing revenue. Assuming you’re self-employed in semi-retirement, as I am, you may find yourself juggling multiple clients and conflicting demands on your limited time and energy.
The topic o.... More »
Manitoba Hydro projects bleak financial outlook without rate hike
– canadianbusiness.com
Manitoba Hydro warns that it can’t simply grow out of its financial troubles if its requested 7.9 per cent rate increase is not approved by the province’s Public Utilities Board.
The Crown corporation presented its case Wednesday before the independent, quasi-judicial tribunal for an interim rate hike to take effect Aug. 1.
Patti Ramage, a lawyer for the utility, says there has been an $880-million reduction in net exports and domestic sales are down $900 million.
Ramage also says Hydro is sinking lower into debt, financing two once-in-a-lifetime capital projects when interest rates are on the rise and revenue-generating high-water levels must eventually fall.
Hydro’s presentation came a day after interveners called the Crown corporation’s projections pessimistic.
The PUB will now decide if and when it approves the application, but board executive director Darren Christle says they may also decide to green-light an increase that’s more or less than what the corporation is seeking…
The Crown corporation presented its case Wednesday before the independent, quasi-judicial tribunal for an interim rate hike to take effect Aug. 1.
Patti Ramage, a lawyer for the utility, says there has been an $880-million reduction in net exports and domestic sales are down $900 million.
Ramage also says Hydro is sinking lower into debt, financing two once-in-a-lifetime capital projects when interest rates are on the rise and revenue-generating high-water levels must eventually fall.
Hydro’s presentation came a day after interveners called the Crown corporation’s projections pessimistic.
The PUB will now decide if and when it approves the application, but board executive director Darren Christle says they may also decide to green-light an increase that’s more or less than what the corporation is seeking…
What Leon Frazer's Ryan Bushell is buying and selling
– theglobeandmail.com
Vice-president at Leon Frazer and Associates spoke about what he’s buying and selling – and the consumer stock his firm wishes it bought
Rogers reports 35% surge in profits in second quarter, beating analyst estimates
– canadianbusiness.com
Rogers Communications reported a 35 per cent increase in second-quarter net income on Thursday, beating analyst estimates with an especially strong performance from its key wireless division.
It’s the first financial report issued by the Toronto-based telecommunications and media company (TSX:RCI.B) (which owns Canadian Business) on Joe Natale’s watch since he became its CEO in April.
Natale is a former CEO of Telus (TSX:T), where he had a reputation of building customer satisfaction and reducing wireless subscriber turnover—factors that some analysts have said would be critical to his success.
He said his new team at Rogers has delivered strong results in its wireless division, but added there’s always room for improvement.
“The focus on customer experience and loyalty is one that requires the whole organization to play,” Natale said in a conference call.
“That takes time. That’s not something that’s going to happen overnight but it’s fundamentally important…
It’s the first financial report issued by the Toronto-based telecommunications and media company (TSX:RCI.B) (which owns Canadian Business) on Joe Natale’s watch since he became its CEO in April.
Natale is a former CEO of Telus (TSX:T), where he had a reputation of building customer satisfaction and reducing wireless subscriber turnover—factors that some analysts have said would be critical to his success.
He said his new team at Rogers has delivered strong results in its wireless division, but added there’s always room for improvement.
“The focus on customer experience and loyalty is one that requires the whole organization to play,” Natale said in a conference call.
“That takes time. That’s not something that’s going to happen overnight but it’s fundamentally important…
