• High-school shootings drive a fresh look at ETF components

    iStock
    A U.S. high school student-led protest is prompting changes in the exchange-traded fund business, creating new opportunities for investors to buy gun-free index-linked products. A bigger question is whether there is a push to rethink the bigger index components themselves.
    Gun reform activist David Hogg has decided to take on Wall Street and heavyweight investment managers by calling for the boycott of Vanguard and BlackRock, two of the world’s biggest investors and owners of public
  • Undervalued U.S. stocks that look set to rebound

    iStockWhat are we looking for?
    Value-focused stocks within the U.S. large-cap universe.
    The screen
    Value investing is a popular investment style used to get exposure to stocks that appear to be worth less currently than they are expected to be worth in the future. While simple in theory, in reality, it can be difficult to correctly predict what stocks will rise once deemed undervalued instead of continuing to fall.
    Today I’ve created a strategy that focuses on large cap U.S. companies that
  • My advisor wants me to invest $150,000 in seg funds. Should I?

    Q. My wife will be 56 years old this year and has about $150,000 invested with a financial planner who wants to move it all into segregated funds. She expects to work for another six to 10 years. I looked at the performance and the costs (in terms of fees and penalties) of the seg funds she wants to recommend and unless the market has a major crash I don’t see the value in making the move. I have read some rumblings about a major downturn that could happen sometime in the next f
  • Advisors give misguided advice because they believe it themselves

    iStock
    There’s a commonly held view – one I’ve strongly and vocally agreed with – that conflicts of interest are an issue in our industry and have contributed to the high cost of advice.
    However, an academic paper from late 2016 quite persuasively upends this long-held assumption.
    The three U.S.-based academics who wrote “The Misguided Beliefs of Financial Advisors” (Kelley School of Business Research Paper No. 18-9 ) reviewed 14 years of trading and portfolio
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  • ‘Corporate class’ mutual funds are tax efficient. Why should I care?

    Q. How do corporate class mutual funds work and how can I benefit?
    Thanks, Janis
    A. Janis, the accounting details of a mutual fund corporation are long and dull. But in simple terms, a number of funds are pooled together within a corporation.  This allows the taxable events of each fund to be traded off against one another before distributions are paid out to the investor.
    There are two main benefits to this structure:The first benefit is potentially lower taxable distributions resulting i
  • This man’s stocks rocketed. Can he move them to a TFSA at purchase price?

    Buy stocks low in a private placement and you could be lucky enough to face a problem if they have grown into something much bigger by the time you move them into an investment account. iStock
    Q. I bought stocks through a private placement last year and was given a stock certificate which I have to hold for five months. At the end of April, I will be able to credit my TFSA with these shares. However, these shares have gone up in value. If I provide enough proof of purchase, would the broker cred
  • Former Union finance minister Yashwant Sinha quits BJP - Times of India

    Times of India
    Former Union finance minister Yashwant Sinha quits BJP
    Times of India
    NEW DELHI: Former Union finance minister Yashwant Sinha said today he's quitting the BJP because the NDA, which it leads, is undermining democratic institutions. "Today I am taking 'sanyas' from any kind of party politics, today I am ending all ties ...
    Former finance minister Yashwant Sinha quits BJPgulfnews.com
    Former finance minister Yashwant Sinha quits BJP, says democracy in dangerEconomic Times
    Yashwant S
  • Sanctions issue dominates Russian finance ministry's meeting with American investors - TASS

    TASS
    Sanctions issue dominates Russian finance ministry's meeting with American investors
    TASS
    WASHINGTON, April 21. /TASS/. The meeting of representatives of the Russian Finance Ministry with investors on the sidelines of the spring session of the IMF and the World Bank in Washington mainly focused on the sanction issue, Minister Anton Siluanov ...
    Russian, US Finance Chiefs Discuss Sanctions in WashingtonSputnik International
    Protectionist policies also hurt countries that impose them –
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  • US defends tough trade stance at global finance meeting - Financial Post

    US defends tough trade stance at global finance meeting
    Financial Post
    WASHINGTON — The United States is resisting pressure to back off President Donald Trump's tough America First trade policy at a meeting of global finance leaders worried about the threat of a damaging trade war. U.S. Treasury Secretary Steven Mnuchin ...and more »
  • G-20 finance chiefs wary of trade friction but short on solutions - The Japan Times

    The Japan Times
    G-20 finance chiefs wary of trade friction but short on solutions
    The Japan Times
    WASHINGTON – Finance leaders from the Group of 20 major economies agreed that trade disputes pose a threat to global growth but did not produce concrete steps to tackle the issue at a two-day meeting that concluded on Friday. The gathering in ...and more »
  • Finance chief exits in latest turnover at Jamie Oliver - The Times

    The Times
    Finance chief exits in latest turnover at Jamie Oliver
    The Times
    The upheaval in Jamie Oliver's restaurant business continued yesterday with confirmation that its finance chief had resigned after only six months in the role. Crispin Holder, who had worked for The Restaurant Group for more than six years, latterly as ...
  • 'Blended Finance' -- Lipstick On The Public-Private Partnership Pig? - Forbes

    Forbes
    'Blended Finance' -- Lipstick On The Public-Private Partnership Pig?
    Forbes
    Financial firms are pushing joint public-private financing for infrastructure around the world. Critics say it is more expensive than public funding and contrary to blended finance advocates does not improve project selection or design.and more »
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  • Investigation of Diocese of Steubenville finance office completed - WTRF

    WTRF
    Investigation of Diocese of Steubenville finance office completed
    WTRF
    Investigation of Diocese of Steubenville finance office completed Copyright 2018 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Financial investigation of local... Financial ...
    Investigation into Diocese of Steubenville finance office completedWTOV Steubenvilleall 2 news articles »
  • Philip Hammond says he has 'dammed the flow' of finance jobs out of UK - Financial Times

    Financial Times
    Philip Hammond says he has 'dammed the flow' of finance jobs out of UK
    Financial Times
    UK chancellor Philip Hammond said on Friday that he had “dammed the flow” of financial sector jobs out of the UK and that the big global banks were now “relatively relaxed” about Brexit. Speaking to journalists in Washington on the sidelines of the IMF ...
    Hammond says transition deal with EU ended fear of 75000 finance jobs being lost to LondonThe Timesall 7 news artic
  • Breaking Into Finance? This Executive VP Has Some Advice - Investopedia (blog)

    Breaking Into Finance? This Executive VP Has Some Advice
    Investopedia (blog)
    Charles Schwab's Executive Vice President of Investor Services, Terri Kallsen, has an impressive roster of financial designations to her name. Kallsen is a Certified Financial Planner™ practitioner, a Certified Wealth Strategist®, a member of the ...
  • Consumer Finance Firms Earn Higher Profits, Public Records Show - Caixin Global

    Caixin Global
    Consumer Finance Firms Earn Higher Profits, Public Records Show
    Caixin Global
    Licensed consumer finance firms earned more profits — or began to earn profits — during the past year, public filings showed, implying a promising outlook for the growing finance sector, especially as tightening government controls over online ...
  • Euro zone reform needs to be done well, not quickly, Dutch finance chief warns - CNBC

    CNBC
    Euro zone reform needs to be done well, not quickly, Dutch finance chief warns
    CNBC
    Euro zone reform needs to be done well rather than quickly, Dutch finance minister Wopke Hoekstra told CNBC on Thursday, despite calls from France to speed-up the integration process. The Netherlands is one of the most conservative countries when it ...and more »
  • I work harder than my ex. Why must I pay spousal support?

    Q: I live in British Columbia and I am separated. I am self-employed and earn double what my spouse earns. Would this automatically make my spouse eligible for spousal support? My spouse has a shorter work day and more holiday time then I do. So would the difference in the hours and the number of days worked be taken into account? I don’t wish to work more just to give my hard earned wages to my spouse. If my work hours equaled his I would make far less money. I would like to see my busin
  • Europe's biggest bank HSBC says it will no longer finance oilsands projects - Financial Post

    Financial Post
    Europe's biggest bank HSBC says it will no longer finance oilsands projects
    Financial Post
    LONDON — Europe's largest bank HSBC said on Friday it would mostly stop funding new coal power plants, oilsands and arctic drilling, becoming the latest in a long line of investors to shun the fossil fuels. Other large banks such as ING and BNP ...and more »
  • Blended Finance Task Force launches action plan, calls on MDBs to step up leadership - Devex

    Devex
    Blended Finance Task Force launches action plan, calls on MDBs to step up leadership
    Devex
    WASHINGTON — A new blended finance action plan calls on multilateral development banks to step up their efforts to leverage private capital. It also lays out a series of eight key initiatives that can help to accelerate blended finance and raise more ...and more »
  • G-20 finance meeting kicks off as leaders focus on free trade amid US protectionism - The Japan Times

    The Japan Times
    G-20 finance meeting kicks off as leaders focus on free trade amid US protectionism
    The Japan Times
    WASHINGTON – Group of 20 finance leaders on Thursday focused on free trade in their meeting in Washington amid fears that the spread of protectionism following the introduction of new U.S. tariffs will hurt prospects for global economic growth. The ...
    G-20 finance meeting focuses on free trade amid protectionism fearsThe Mainichi
    Finance minister warns G-20 protectionism wi
  • Finance Ministry's myopic response to sex harassment accusations backfires - The Mainichi

    The Mainichi
    Finance Ministry's myopic response to sex harassment accusations backfires
    The Mainichi
    Administrative Vice Finance Minister Junichi Fukuda answers questions from reporters at the ministry in Tokyo on April 18, 2018, after announcing his intention to resign. (Mainichi). TOKYO -- The Finance Ministry's inappropriate response to sexual ...
    On sex harassment complaint, Finance Minister Taro Aso objects to font sizeThe Japan Times
    Finance official denies sexual misconduct allegationJap
  • Spain finance minister Roman Escolano: Protectionism is a ... - CNBC

    CNBC
    Spain finance minister Roman Escolano: Protectionism is a ...
    CNBC
    Spain joined several other countries in voicing its opposition against rising trade tariffs and other protectionist attitudes. Speaking to CNBC Thursday, Roman Escolano, the recently appointed finance minister of Spain, said that Madrid is not enjoying ...and more »
  • Zimbabwe Ex-Finance Boss Sees Potential $100 Billion Economy - Bloomberg

    Bloomberg
    Zimbabwe Ex-Finance Boss Sees Potential $100 Billion Economy
    Bloomberg
    Zimbabwe's opposition could expand the size of the economy more than fivefold to $100 billion within eight years if it wins this year's elections, a former finance minister said. The first elected government since Robert Mugabe stepped down in late ...
    Zimbabwe's ex-finance boss Tendai Biti sees potential $100bn economyFin24
    Parliament summons MugabeThe Heraldall 143 news articles »
  • Video: City hall finance staff propose property tax slash - Saskatoon StarPhoenix

    Saskatoon StarPhoenix
    Video: City hall finance staff propose property tax slash
    Saskatoon StarPhoenix
    City of Saskatoon chief financial officer Kerry Tarasoff says the city is proposing a property tax decrease of nearly one per cent in 2018 after the recent provincial budget restored some of the revenue for cities that were removed in the previous ...
  • Mayor, finance minister meet as wildfire insurance claim deadline approaches - Fort McMurray Today

    Fort McMurray Today
    Mayor, finance minister meet as wildfire insurance claim deadline approaches
    Fort McMurray Today
    Finance Minister Joe Ceci at a news conference at the Alberta Legislature in Edmonton on Tuesday, April 10, 2018. Photo by Ian Kucerak/Postmedia Network. Bookmark and Share. Change text size for the story. Print. Report an error. Just weeks away from ...
  • Finance Chiefs Told Trade Tensions Are Hitting Confidence ... - Bloomberg

    Bloomberg
    Finance Chiefs Told Trade Tensions Are Hitting Confidence ...
    Bloomberg
    Trade tensions between the U.S. and China risk eroding business and investor confidence, even as global growth enjoys its best upswing in years. That's the message being conveyed to finance ministers and central bankers from around the world gathered ...and more »
  • Protectionism is short-term and we don't like that, Brazil's finance chief says - CNBC

    CNBC
    Protectionism is short-term and we don't like that, Brazil's finance chief says
    CNBC
    Even if protectionism brings some short-term gains, Brazil is against it and is instead looking to boost its trade ties across the world, the country's finance minister told CNBC on Thursday. "Although we could even benefit from one specific situation ...
  • Winnipeg Transit employees union want to finance 20 electric buses - Globalnews.ca

    Globalnews.ca
    Winnipeg Transit employees union want to finance 20 electric buses
    Globalnews.ca
    Winnipeg's Amalgamated Transit Union has come up with plan for the provincial government to help finance more electric buses. The proposed financing deal would rely on what the union is calling a “pay as you save model”, with the province providing the ...
    Transit Union Pitches Plan to Finance Electric Winnipeg Bus FleetChrisD.caall 7 news articles »
  • Dealing with the high costs of dental care

    MONTREAL — An unaffordable price tag kept Melanie Laxson out of the dentist’s chair until the pain became unbearable.
    With no access to insurance, the 38-year-old says there’s no way she could afford the full cost of a dentist.
    Canadians spend about $12 billion per year on dental services, but six million people annually avoid dentists because of costs, said a 2014 report by the Canadian Academy of Health Sciences.
    According to the Canadian Life and Health Insurance Association
  • Japanese finance official resigns over sexual harassment allegations - CNN

    CNN
    Japanese finance official resigns over sexual harassment allegations
    CNN
    Tokyo (CNN) A high-ranking Japanese political figure has resigned in the wake of sex harassment allegations, a further blow to a government beset by scandal. Junichi Fukuda, administrative vice minister for the Ministry of Finance, said Wednesday that ...
    Japan finance official denies sexual misconduct allegationNational Post
    Opposition parties abstain from Diet deliberations over alleged sexual harassment by Finance M
  • Markets Should Brace for More Volatility, IMF Finance Chief Says - Bloomberg

    Bloomberg
    Markets Should Brace for More Volatility, IMF Finance Chief Says
    Bloomberg
    Investors should be prepared for more volatility as overstretched markets adapt to the end of easy central-bank money, according to the head of the International Monetary Fund's capital-markets department. The sharp selloff earlier this year in the ...and more »
  • How this new, deep-in-debt doctor spends $800 a week

    Only in the last months of medical school did Jen, a 24-year-old new doctor, really look at her debt — at its worst, over $100,000. “It suddenly sunk in: Whoa, I owe a lot of money,” she says. Luckily, since she’s currently living at home with minimal expenses, she can put lots more towards debt repayment than most from her new healthy salary (almost $60,000).
    But Jen has other expensive goals too: She’d like to save for a down payment on a house, or at least move
  • Loophole in BC's new campaign-finance law to be fixed: communities minister - The Globe and Mail

    The Globe and Mail
    Loophole in BC's new campaign-finance law to be fixed: communities minister
    The Globe and Mail
    A grey area in B.C.'s new campaign-finance law that appears to allow civic parties to continue accepting contributions from corporate and union donors so long as the money wasn't used for campaign expenses will be amended, says the province's ...
  • Nordstrom Rack new mobile app lets you skip long lineups

    TORONTO — Nordstrom Rack will be introducing mobile checkout in its first Canadian location in the next two weeks and all subsequent stores in the country as they’re built.
    The retailer’s president Geevy Thomas says the offering allows staff to cash out customers from anywhere in the store via a mobile device.
    He says the technology has been used by the company in the U.S. since 2011, but wanted to ensure all the details were in place before launching in Canada, when it opened
  • Why incorporation isn’t always a magical tax fix

    Q: My wife and I are looking to retire in about five years or so. I am 55 and she is 52 and we are debt free. My question is: my wife recently started to work for herself designing kitchens and we were wondering tax-wise if it is better to claim this as self-employed income or to open a small business?
    Also, what are the CPP rules on self-employed?
    —Sandie
    A: I think it’s good, Sandie, that you and your wife are considering whether to incorporate rather than just plowing a
  • Bank of Canada Media Interview – Wall Street Journal

    Today Stephen S. Poloz, Governor of the Bank of Canada, gave an interview to the Wall Street Journal. It will be available online. For more information: https://www.wsj.com/
  • Bank of Canada Media Interview – Global National News

    Stephen S. Poloz, Governor of the Bank of Canada, gave an interview to Eric Sorensen of Global National News. The full interview will be online later today and excerpts will air on Global National, which begins at 18:30 (Eastern Time). Please check local listings for channel information, or go to https://globalnews.ca/national/program/global-national.
  • Too few jobs is biggest risk, say Jersey Finance - Jersey Evening Post

    Jersey Evening Post
    Too few jobs is biggest risk, say Jersey Finance
    Jersey Evening Post
    THE growth in jobs and staff reported in last week's Labour Market statistics may not be the biggest challenge facing the Island, according the spokesman for the Island's largest industry. The biggest challenge could be a lack of jobs in the future ...
  • European parliament: Aid to PA used to finance education to hate to be cut off - Ynetnews

    European parliament: Aid to PA used to finance education to hate to be cut off
    Ynetnews
    The European parliament in Brussels has adopted legislation preventing the transfer of funds from the European Union's PEGASE to the Palestinian Authority, if those funds are to be used for education to hatred. The foundation is the PA's main source of ...and more »
  • G7 finance ministers seek maximum economic pressure on North Korea - Reuters

    G7 finance ministers seek maximum economic pressure on North Korea
    Reuters
    WASHINGTON (Reuters) - Group of Seven (G7) finance ministers said Wednesday that they would continue to impose maximum economic pressure on North Korea, which evades international sanctions with a network of front and shell companies to access the ...and more »
  • Where to Buy Real Estate Now 2018

    The post Where to Buy Real Estate Now 2018 appeared first on MoneySense.
  • Top neighbourhoods in Winnipeg’s inner suburbs 2018

    Where to Buy Real Estate Now2018Top 35 CitiesOverviewTop NeighbourhoodsToronto rankingsVancouver rankingsCalgary rankingsEdmonton rankingsWinnipeg rankingsOttawa rankingsMontreal rankingsHamilton rankingsView neighbourhood rankings by region: Greater Winnipeg Winnipeg Core Winnipeg Inner Suburbs Winnipeg Outer Suburbs1. St. Vital
    Up 13 spots from its 2017 ranking (in the overall Winnipeg list) is the No. 1 inner neighbourhood of St. Vital. One of the biggest reasons for this climb to the top spo
  • Top neighbourhoods in Ottawa’s core 2018

    Where to Buy Real Estate Now2018Top 35 CitiesOverviewTop NeighbourhoodsToronto rankingsVancouver rankingsCalgary rankingsEdmonton rankingsWinnipeg rankingsOttawa rankingsMontreal rankingsHamilton rankingsView neighbourhood rankings by region: Greater Ottawa Ottawa Core Ottawa Inner Suburbs Ottawa Outer Suburbs1. Carson Meadows
    This neighbourhood just east of Vanier is not a realtor favourite, earning a score of just 5.4 out of 10. However, its affordability compared to its peers — includin
  • Top neighbourhoods in GTA’s inner suburbs 2018

    Where to Buy Real Estate Now2018Top 35 CitiesOverviewTop NeighbourhoodsToronto rankingsVancouver rankingsCalgary rankingsEdmonton rankingsWinnipeg rankingsOttawa rankingsMontreal rankingsHamilton rankingsView neighbourhood rankings by region: Greater Toronto Toronto Core Toronto Inner Suburbs Toronto Outer Suburbs1. Central Ajax
    Ajax has a couple of important things going for it: It’s on the GO train line and it has large houses for affordable prices, RE/MAX realtor Eily Liang-Bartfai said
  • Top neighbourhoods in Edmonton’s outer suburbs 2018

    Where to Buy Real Estate Now2018Top 35 CitiesOverviewTop NeighbourhoodsToronto rankingsVancouver rankingsCalgary rankingsEdmonton rankingsWinnipeg rankingsOttawa rankingsMontreal rankingsHamilton rankingsView neighbourhood rankings by region: Greater Edmonton Edmonton Core & Inner Suburbs Edmonton Outer SuburbsIn the outer suburban communities, all three of our top picks offer homes well below the average home price of Edmonton’s outer suburbs, which sits at $380,371. Canora, our No. 1
  • Top neighbourhoods in Calgary’s outer suburbs 2018

    Where to Buy Real Estate Now2018Top 35 CitiesOverviewTop NeighbourhoodsToronto rankingsVancouver rankingsCalgary rankingsEdmonton rankingsWinnipeg rankingsOttawa rankingsMontreal rankingsHamilton rankingsView neighbourhood rankings by region: Greater Calgary Calgary Core & Inner Suburbs Calgary Outer Suburbs 1. Evanston (NW)
    The No. 1 neighbourhood in the suburban ranking (and the No. 3 in the overall Calgary list) is one of the city’s youngest neighbourhoods. Evanston rose in the
  • Top 10 Vancouver neighbourhoods to buy in 2018

    Where to Buy Real Estate Now2018Top 35 CitiesOverviewTop NeighbourhoodsToronto rankingsVancouver rankingsCalgary rankingsEdmonton rankingsWinnipeg rankingsOttawa rankingsMontreal rankingsHamilton rankingsView neighbourhood rankings by region: Greater Vancouver Vancouver Core Vancouver Inner Suburbs Vancouver Outer Suburbs 1of10 PreviousNextFacebook Twitter Google+ Share LinkedIn EmailMission-West in Mission (Google Earth)https://goo.gl/maps/sQ5uWG4HR5S2 10. Mission-WestArea: MissionRegion: Outer
  • Top 10 Toronto neighbourhoods to buy in 2018

    Where to Buy Real Estate Now2018Top 35 CitiesOverviewTop NeighbourhoodsToronto rankingsVancouver rankingsCalgary rankingsEdmonton rankingsWinnipeg rankingsOttawa rankingsMontreal rankingsHamilton rankingsView neighbourhood rankings by region: Greater Toronto Toronto Core Toronto Inner Suburbs Toronto Outer Suburbs 1of10 PreviousNextFacebook Twitter Google+ Share LinkedIn EmailCookstown in Innisfil (Google Earth)https://goo.gl/maps/NRhy3U5qSoK2 10. CookstownArea: InnisfilRegion: Outer suburbsAver
  • Top 10 Edmonton neighbourhoods to buy in 2018

    Where to Buy Real Estate Now2018Top 35 CitiesOverviewTop NeighbourhoodsToronto rankingsVancouver rankingsCalgary rankingsEdmonton rankingsWinnipeg rankingsOttawa rankingsMontreal rankingsHamilton rankingsView neighbourhood rankings by region: Greater Edmonton Edmonton Core & Inner Suburbs Edmonton Outer Suburbs 1of10 PreviousNextFacebook Twitter Google+ Share LinkedIn EmailInglewood in St. Albert (Google Earth)https://goo.gl/maps/5kQSpYy6eRA2 10. InglewoodArea: St. AlbertRegion: Outer suburb