The Democrats are trying to prove their markets and economy track record ahead of upcoming midterm elections. The White House has emphasized declining gas prices and its tough stance on China. Joe Biden is also weighing up banning Russian metal imports as the war in Ukraine drags on. Loading Something is loading. Thanks for signing… Continue reading The White House is taking a tough stance against global rivals ahead of midterm elections. Here’s how that’s impacting US gas prices and the broader commodity market.
FP Answers: Is our conservative investment plan really the right one for us?
Knowing your lifestyle wants will lead to appropriate asset allocation decisions, experts say Experts say you should start with lifestyle planning first, followed by financial planning and then investments. Photo by Getty Images/iStockphoto files By Julie Cazzin with Allan Norman Advertisement 2 This advertisement has not loaded yet, but your article continues below. Q: I’m… Continue reading FP Answers: Is our conservative investment plan really the right one for us?
CRA can deny business expenses even after the normal assessment period
Jamie Golombek: The CRA can deny expenses if taxpayer doesn’t appear to be running a business with a view to profit If business expenses aren’t reasonable, the Canada Revenue Agency can deny them. Photo by Getty Images/iStockphoto Business owners can generally deduct a variety of business expenses when calculating their net income for tax purposes.… Continue reading CRA can deny business expenses even after the normal assessment period
World set for first ‘significant destruction’ of wealth since 2008 financial crisis, says Allianz
In real terms, households could lose a tenth of their wealth Publishing date: Oct 12, 2022 • 2 days ago • 2 minute read • 54 Comments In real terms, households could lose a tenth of their wealth this year, according to Allianz’s 2022 global wealth report. Photo by Getty Images Global financial assets are set… Continue reading World set for first ‘significant destruction’ of wealth since 2008 financial crisis, says Allianz
A recession in Canada will likely strike sooner than first predicted, Royal Bank says
First quarter of 2023 instead of the second quarter Publishing date: Oct 12, 2022 • 2 days ago • 2 minute read • 7 Comments The Royal Bank of Canada is predicting that rising interest rates and persistent inflation will push the economy into recession in the first quarter of 2023, one quarter ahead of an… Continue reading A recession in Canada will likely strike sooner than first predicted, Royal Bank says
Planning for your final years helps you and your children adjust with a little less guilt
The best gift you can give your adult children is to complete your estate and eldercare plan Educating yourself on the different options of eldercare and ensuring your financial plan is reflective of your wishes is paramount. Photo by Getty Images/iStockphoto My siblings and I won the lottery when it comes to our parents. Unfortunately,… Continue reading Planning for your final years helps you and your children adjust with a little less guilt
Stock Market Today: Stocks End Wild Week With a Loss
Stocks closed lower Friday, with the Dow Jones Industrial Average falling 1.3% to 29,634, the S&P 500 Index shedding 2.4% to 3,583, and the Nasdaq Composite surrendering 3.1% to 10,321. Today’s decline had the major market indexes paring the gains earned in Thursday’s whipsaw session, and secured weekly losses for the Nasdaq (-3.1%) and S&P… Continue reading Stock Market Today: Stocks End Wild Week With a Loss
U.S. Markets Fall amid Inflation Worries
U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve’s aggressive rate hike path could lead to an economic recession, while investors digested the early stages of earnings season. In what has been a volatile week for stocks, equities opened higher before reversing course after data from he University… Continue reading U.S. Markets Fall amid Inflation Worries
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