News: Money

Annual inflation rate moves higher to 2.3%

Friday  16:30,   20 april 2018

Annual inflation rate moves higher to 2.3%The March figure shows the pace of inflation inched a little farther past the midpoint of the central bank's ideal range of between one and three per[...]

7 ‘green jobs’ for environmentally conscious Canadians in demand now

Friday  16:06,   20 april 2018
Global News

Indeed reveals the list of the seven environmentally friendly jobs in Canada that have seen the most growth in demand over the last three years.Did you know 62 per cent of Canada’s undiverted waste comes from commercial operations, industry,[...]

Quebec ex-wife gets $95,000 monthly alimony

Friday  12:10,   20 april 2018

The ex-wife of a Quebec-based property developer has been awarded $95,000 in monthly alimony in what her lawyers are calling one of the largest divorce settlements in the province's history.Of that amount, $75,000 is intended for her needs,[...]

Deutsche Bank Flub Said to Briefly Send Away $35 Billion

Friday  06:30,   20 april 2018

A routine payment went awry at Deutsche Bank AG last month when Germany’s biggest lender inadvertently sent 28 billion euros ($35 billion) to an exchange as part of its daily dealings in derivatives, according to a person familiar with the matter. [...]

I made my first million at 13. Here's my No. 1 rule for investing

Friday  06:30,   20 april 2018

<p>Becoming a millionaire by 30 is a rare enough achievement, but Michael Cammarata did it when he was in his early teens.</p>The cofounder and CEO of Schmidt’s Naturals, which makes natural deodorant and other household products, brought in[...]

Freeland: Autos at 'core' of new NAFTA deal

Friday  04:06,   20 april 2018

New automotive rules will be the centrepiece of a new NAFTA agreement, Foreign Affairs Minister Chrystia Freeland said Thursday during a round of negotiations she characterized as being focused on[...]

In a trade war, China might boycott U.S. goods. That could backfire.

Thursday  23:07,   19 april 2018
The New York Times

State media have hinted that Beijing could weaponize its consumers in a trade war. But American brands are popular in China — and Chinese workers make many of their products.TAICANG, China — If China calls for a boycott of American goods, Chinese[...]

Tim Hortons franchisee factions spar

Thursday  23:06,   19 april 2018

Tim Hortons franchisee factions sparOAKVILLE, Ont. - The Tim Hortons franchisee advisory board is slamming a group representing at least half of the brand's restaurant owners for publicly making complaints about their parent company Restaurant[...]

Okanagan wine industry disappointed court ruling puts cork in cross-border booze

Thursday  21:56,   19 april 2018
Global News

The unanimous ruling indicated that the constitution “does not impose absolute free trade across Canada.” "The court's ruling today is disappointing for the B.C. wine industry,” said Miles Prodan President & CEO of the British Columbia Wine[...]

Even as markets shake, investors seek the riskiest corners

Thursday  21:10,   19 april 2018

Even as markets shake, investors seek the riskiest[...]

Spending up on Alberta credit and debit cards, new report shows

Thursday  18:11,   19 april 2018
Edmonton Journal

Spending up on Alberta credit and debit cards, new report showsSpending on credit and debit cards rose in Alberta for the first three months of the year, although more slowly than in most provinces, a new report[...]

How Vancouver became a cautionary tale in the battle against money laundering, and drugs

Thursday  16:38,   19 april 2018
Global News

It is called the “Vancouver Model” of transnational crime.Criminal syndicates that control chemical factories in China’s booming Guangdong province are shipping narcotics, including fentanyl, to Vancouver, washing the drug sales in British[...]

Oil closes above $68 a barrel, highest price since 2014

Thursday  11:11,   19 april 2018

The price of the North American oil benchmark closed above $68 US a barrel on Wednesday, the highest level since 2014 as U.S. data showed inventories plunged by more than one million[...]

'Bitcoin Heist' Suspect Escapes from Prison on a Plane 'Carrying Iceland's Prime Minister'

Thursday  08:06,   19 april 2018

A man suspected of stealing 600 computers used to mine Bitcoin and other virtual currencies has escaped prison in Iceland, police said Wednesday. Sindri Thor Stefansson is thought to have fled on a plane that was also carrying Iceland’s Prime[...]

All the Odd Jobs Meghan Markle Had Before Her Royal Engagement

Thursday  06:50,   19 april 2018

American actress Meghan Markle will become British royalty on May 19 when she marries England’s Prince Harry, but she wasn’t always an international star.In the newly released biography Meghan: A Hollywood Princess, author Andrew Morton notes that[...]