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Tag: corporate finance

19/05/202311/07/2024

Who wrote the book on personal finance for youth? An 18-year-old from Kingston

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Noah Booth is an 18-year-old Grade 12 student in Kingston who is planning to attend Dalhousie University next year to study science.Handouts

While most of us were online shopping and ordering takeout during the pandemic, high school student Noah Booth wrote a book.

It’s called A Rich Future: Essential Financial Concepts for Youth. Did I lose you there? Clever book-naming may not be Mr. Booth’s strength, but he’s a pro at book-writing. Think of this volume as a definitive answer to a question I get a lot: Can you recommend a personal finance

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10/05/202311/07/2024

Canadian banks hit with downgrades as economic storm clouds gather

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  2. Banking

Looming recession leads some analysts to hand out downgrades and slash outlooks

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Published May 10, 2023 • Last updated 6 hours ago • 3 minute read

Bank towers in Toronto's financial district.
Bank towers in Toronto’s financial district. Photo by Peter J. Thompson/Financial Post

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Canadian bank stocks may be running out of runway amid an uncertain outlook and potential recession looming on the horizon, leading some analysts to slash outlooks and hand out downgrades.

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08/05/202311/07/2024

Have your say: Are you jumping into the housing market?

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Read the full story here: What’s the maximum number of years I can lock into a fixed-rate mortgage in Canada?

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05/05/202311/07/2024

Local financial expert discusses the possibility of a recession – DiscoverMooseJaw.com

There has been speculation as to whether we are going through a recession, or headed into one right away.

Financial expert, Aaron Ruston from Purposed Financial, has valuable information on recessions and how people can protect their money.

“A recession is a place where for two straight quarters, there is a decrease in economic growth within a country, sector, or even a global base overall,” Ruston remarked.

As a result, interest rates climb, production of goods declines, people lose their jobs, and economic growth slows or returns down, which brings about concern in the market.

Interest rates hit a four-decade

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01/05/202311/07/2024

The most promising project of 2023 RenQ Finance (RENQ) raises $15 Million in its Ongoing Presale.

RenQ Finance (RENQ) is a decentralized finance (DeFi) platform that has been gaining a lot of attention in the cryptocurrency market.

With its innovative features, strong community support, and growth potential, RenQ Finance is considered by many to be the most promising project of 2023. In its ongoing presale, RenQ Finance has already raised $15 million, which is a testament to the project’s potential.

The Presale

RenQ Finance’s ongoing presale, which began in February 2023, has been a huge success. As of the time of writing, the presale has raised $15 million, which is a significant amount of money for

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25/04/202311/07/2024

Climate Finance Groups Are Misunderstood, BMO Says

(Bloomberg) — Climate finance groups that press companies to decarbonize are wrongly confused as being regulators that set rules for businesses to reach net zero emissions, according to Dan Barclay, chief executive officer of BMO Capital Markets.

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Entities such as the Glasgow Financial Alliance for Net Zero don’t set rules and there is no “regulatory” outcome from what they do, Barclay said.

“People think that GFANZ, for example, is now the regulator of ESG,” he said Tuesday at the BNEF summit in New York. “It’s not the regulator. It’s a collection of firms that have alignment

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24/04/202311/07/2024

Details about multimillion dollar stock holdings hidden in abortion pill judge’s financial disclosures



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The federal judge who issued a nationwide ruling blocking the approval of a common abortion medication redacted key information on his legally mandated financial disclosures, in what legal experts described as an unusual move that conceals the bulk of his personal fortune.

In his 2020 and 2021 annual disclosures, Judge Matthew Kacsmaryk wrote that he held between $5 million and $25 million in “common stock” of a company – a significant majority of the judge’s personal wealth. The name of the company he held in stock is redacted, despite the fact that federal law only allows redactions of

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22/04/202311/07/2024

Is car finance the next PPI? Claims management firms cause concern | Motoring

uK consumers were this week urged to avoid the “plague” of claims from management firms targeting people who may have missold a car finance deal. It has prompted suggestions that these firms may regard car finance as “the next PPI”.

Complaints about car finance lenders have almost doubled in the last financial year, driven by an increase in third-party firms submitting claims on behalf of individuals.

That has led to warnings that affected consumers could be missing out on the full amount of compensation owed.

According to the Financial Ombudsman Service, which handles consumer complaints related to financial products,

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