Tag: business current events

The fight to tame inflation has only just begun

Inflation is decelerating quickly. It peaked at 8.1 per cent last summer. It fell to 5.9 per cent in January, and the Bank of Canada predicts it will fall to three per cent by the end of this year.

But economists say that’s the easy part.

The Bank of Canada has repeatedly said it’s committed to getting price growth all the way down to two per cent. One of the bank’s deputy governors delivered a speech in Calgary on Feb. 16 titled No Two Ways About it: Why the Bank is Committed to Getting Back to 2%.

“If inflation stays

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Russia blocks access to The Bell news website

MOSCOW (Reuters) – Russia on Sunday blocked access to The Bell, a news outlet founded by one of Russia’s top journalists, the latest website to be taken offline as Moscow cracks down on independent media.

Russia has blocked dozens of news sites since it invaded Ukraine last year, often accusing them of publishing “fake” news about what it calls its “special military operation” in Ukraine.

The Bell mainly covers business news and was one of the few remaining independent media websites accessible after the authorities blocked Mediazona, Meduza and Novaya Gazeta.

It said last year it was going to stop

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How Can I Preserve Wealth for Future Generations?

Some of our clients are interested in preserving wealth for future generations, and in that instance, we sometimes recommend starting a family bank.

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A family bank is an estate planning tactic to help preserve wealth for generations to come. They can be structured in a variety of ways to meet that family’s needs, however, they are intended to help benefit a group of family members.

If our clients give their

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Where Do Healthcare Breaches Come From?

While we have seen an increase in healthcare data breaches stemming from vendor vulnerabilities, there can be a variety of sources.

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Recent breaches have demonstrated various sources of data breaches.

One source is from vendors and vendor tools.

We have seen a large uptick in vendor cyber attacks, as cybercriminals have found it easier to hack vendors than the healthcare entities directly. Many vendors have less security measures in place

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Tech stocks extend post-Fed rally, Dow futures lag

US stocks finished mixed Thursday, highlighted by a vault upward by tech stocks following the Federal Reserve’s latest interest rate hike and ahead of another batch of earnings from the industry’s biggest players.

The technology-heavy Nasdaq Composite (^IXIC) soared by more than 3% at the close. The S&P 500 (^GSPC) added 1.5%, while the Dow Jones Industrial Average (^DJI) lagged, dipping 0.1%.

The yield on the benchmark 10-year US Treasury note ticked down to 3.398% Thursday. The dollar index increased 0.5% to $101.70.

The moves continued a Wall Street rally that began Wednesday following the Federal Reserve’s highly anticipated rate

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5 Things to Discuss with Your Spouse Before Estate Planning

If you are married and considering doing your estate plan, there are some discussions you should have with your spouse.

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If you and your spouse are considering doing your estate plan, we recommend that you discuss the following items:

  1. How do you want your money and assets handled if one of you dies? Do you want any restrictions? Are you worried about your spouse remarrying and being influenced by the
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Popular Ottawa diner closing after 55 years in business

A popular diner is closing its doors after 55 years. The family business has been an Ottawa staple for several generations.

At the Brookfield Restaurant, Joyce Aboud has been the owner alongside her husband for decades.

Aboud took over her family business in the 1980s, but has been working there since it opened.

“It was July 1, 1967, Centennial year and Canada Day,” she said. “It really was a special day and I worked that day at 12 years old.”

The restaurant offers breakfast and lunch with some Lebanese dishes on the menu. The location on Brookfield Road started as

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Legal Documents for Your Graduating Senior

If you are a parent with a child who will graduate from high school soon, now is a good time to start planning what documents the child will need moving forward.

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If you have a child who recently turned 18, you need to start thinking about the potential legal implications and how best to protect your child’s interests. Estate planning is not always about planning for death, but it is

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