Tag: finance car

BC financial advisor accused of fraud, took $330K from seniors | iNFOnews


Alvinder Singh Gill.

Image Credit: FACEBOOK: Alvinder Gill Sun Life Financial Advisor


July 22, 2023 – 6:00 PM






A BC financial advisor accused of fraud for taking $330,000 from a senior couple is still not facing criminal charges two and a half years after the regulator reported him to the police.

Former Abbotsford Sun Life financial planner Alvinder Singh Gill stands accused of setting up a company and then using fake documents as he took $329,625 from a retired couple over a nine-year period.

In 2020, when the couple

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Crypto’s Peer-to-Peer Exchanges Lose Ground in a Shrunken Market

(Bloomberg) — Crypto exchanges that connect buyers and sellers directly without Wall Street-style middlemen are under pressure to improve their services amid a decline in market share.

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These so-called decentralized platforms facilitate trading via algorithmic, blockchain-based software known as smart contracts, with users retaining custody of tokens rather than handing them to an intermediary institution.

Crypto diehards predicted a golden period for peer-to-peer trading venues such as Uniswap and dYdX after last November’s collapse of the FTX exchange, which undermined trust in centralized platforms that take control of tokens.

But that hasn’t panned out: monthly spot

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Does the future of finance belong to blockchain or AI?

The finance industry has changed rapidly in recent years with the rise of fintech, around-the-clock banking, and contactless payments. But in the coming five years it is poised to change even faster with the rise of two powerful technologies, blockchain and artificial intelligence, which are already upending the sector.

Right now, AI is gaining the lion’s share of the hype and attention, and with good reason. Predictive learning models promise to remake not just financial infrastructure but large parts of our society and culture too. In a survey of how AI is changing finance, my Fortune colleague Ben Weiss cites

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G20 finance chiefs set to discuss reforms to development banks, crypto, debt

NEW DELHI (Reuters) – Finance ministers and central bank governors of the G20 member nations are set to meet and discuss reforms to multilateral development banks, a framework for crypto assets and debt treatment of some countries, an Indian government official said Wednesday.

India, which holds this year’s G20 presidency, will host global finance chiefs and deputies in the western state of Gujarat between July 14-18.

The first volume of a report on strengthening multilateral development banks by an expert group set up under the G20 and a “guidance note” to develop a globally coordinated framework for regulation and supervision

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The Bank of Canada’s latest rate hike is bad news for renters and some landlords

The latest rate hike by the Bank of Canada is expected to have widespread ripple effects for renters and real estate investors, beyond its implications for homeowners with mortgages.

The increase of a quarter of a percentage point and another hike of the same size that could come in September will boost demand for rentals, force some landlords to sell and put a further damper on the construction of new rental and condo units, experts say.

The central bank raised its trend-setting interest rate to 5 per cent on Wednesday, which was widely expected by financial markets. But it also

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Find Out How Long It Takes To Refinance a Car Loan

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How Long It Takes To Refinance a Car Loan?Owaki/Kulla – Getty Images

Refinancing a car loan can take anywhere from a few hours to a couple of weeks. This means that if you took a loan from the dealership because it was convenient, but it turned out to be a mistake, you can apply for a new loan as soon as you drive off the lot. The average car payment for a loan in the US is $716 for a new car and $526 for a used model.

With over 80% of buyers choosing to finance their purchases, many

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Why I Don’t Eat Mushrooms

Mushrooms are commonly eaten among vegans and non-vegans alike, but many feel that mushrooms are not suitable for food. Below are a few of the reasons that I personally choose not to eat mushrooms.

(Note: Before anyone starts jumping on their keyboards to chastise me for posting this article, please note that these are my personal reasons for not eating mushrooms. I am not telling you that you cannot eat mushrooms. You are entitled to your personal preferences just as I am entitled to mine.

If you are offended by my personal decision concerning what I eat, then . .

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Amazon may be the largest US retailer in 2024, according to JP Morgan analysts

Amazon (AMZN) is set to hit a major milestone in 2024: Becoming the largest retailer in the US, according to JP Morgan analysts Doug Anmuth and Bryan M. Smilek.

If this comes to pass, Amazon will be unseating Walmart (WMT) as the country’s largest retailer. It would be a seismic shift, one driven by increased e-commerce penetration, faster delivery times, and the stickiness of Amazon Prime. JP Morgan estimates show that, in 2023, Amazon’s gross merchandise volume, or GMV, will grow 11.6% year-over-over to $477 billion.

This kind of growth shows the sort of resilience that Wall Street has been

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