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Tag: finance department

08/02/202311/07/2024

Euthanasia Soon to Be A Leading Cause of Death in Canada?

February 7, 2023 · 7:00 AM

From DailyMail:

Last year, more than 10,000 people in Canada – surprisingly that’s over three percent of all deaths there – ended their lives via euthanasia, an increase of a third in the previous year. And it’s likely to keep rising: next year, Canada is set to allow people to die exclusively for mental health reasons.

Only last week, a jaw-dropping story emerged of how, five years into an infuriating battle to obtain a stairlift for her home, Canadian army veteran and Paralympian Christine Gauthier was offered an extraordinary alternative.

A Canadian official told

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06/02/202311/07/2024

China’s Finance Minister, Central Bank Governor to Attend Debt Roundtable in India -IMF

(Reuters) -China’s finance minister and its central bank governor will attend a roundtable with other creditors and some borrowing countries in February in India, IMF Managing Director Kristalina Georgieva said in a CBS’ 60 Minutes interview on Sunday.

“China has to change its policies because low income countries cannot pay,” she said.

“What we are working towards is to bring all creditors, the traditional creditors from advanced economies, new creditors like China, Saudi Arabia, India, as well as the private sector, and put them around the table with the debtor countries.”

Georgieva said last month the first such gathering will

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03/02/202311/07/2024

Fiscal room tightening as economy teeters, associate finance minister says




Mia Rabson, The Canadian Press



Published Tuesday, January 24, 2023 5:31AM EST





Last Updated Tuesday, January 24, 2023 5:22PM EST

HAMILTON – Canada’s associate finance minister says it’s going to be a “turbulent” year for the economy, but Randy Boissonault insists the government still has some spending room for big priorities including a new health-care deal with the provinces.

Boissonnault was speaking before the cabinet meets on the second of a three-day cabinet retreat in Hamilton, Ont. Finance Minister Chrystia Freeland is set to give an economic update to the cabinet

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01/02/202311/07/2024

Why the Bank of Canada can’t cut rates this year, despite what the market says

Bank of Canada Governor Tiff Macklem takes part in an interview after announcing an interest rate decision in Ottawa, Ontario, Canada January 25, 2023. REUTERS/Blair Gable

Bank of Canada Governor Tiff Macklem takes part in an interview after announcing an interest rate decision in Ottawa, Ontario, Canada January 25, 2023. REUTERS/Blair Gable

The Bank of Canada won’t be lowering its key lending rate this year despite financial markets already pricing in multiple cuts starting this fall, according to a senior economist at Vanguard.

“Their credibility is at stake,” Roger Aliaga-Diaz, senior economist and head of global portfolio construction at Vanguard, tells Yahoo Finance Canada in an interview.

“[The Bank of Canada’s] fear is if they give in to what the market is asking or expecting, and

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29/01/202311/07/2024

Australian Finance Group (ASX:AFG) investors are sitting on a loss of 27% if they invested three years ago

Australian Finance Group Limited (ASX:AFG) shareholders should be happy to see the share price up 17% in the last month. But that doesn’t help the fact that the three year return is less impressive. In fact, the share price is down 41% in the last three years, falling well short of the market return.

With that in mind, it’s worth seeing if the company’s underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

Check out our latest analysis for the Australian Finance Group

To quote Buffett, ‘Ships will sail around the world but

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27/01/202311/07/2024

Purchase Order Financing Helps Small Businesses

Small businesses have traditionally struggled to access the same trade finance as their larger peers.

In an interview with PYMNTS, Sandra Nolasco, CEO at Madrid-based trade finance platform Twinco Capital, said that the problem boils down to the way traditional lenders assess creditworthiness.

According to Nolasco, standard lending models in the space limit growth because “your credit is capped by … by your balance sheet.”

“That means that even if you’re a good supplier and [the buyer] wants to triple the order, for example, they can’t because you don’t have enough money to buy the raw materials,” Nolasco pointed out.

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24/01/202311/07/2024

Buying an investment property in Canada: Risks, taxes, regulations and lower-cost alternatives

Real estate is its own asset class, offering different attributes from equities and fixed income. As such, it can help diversify wealth. Investing in real estate does not require specialized expertise; most Canadians understand the basics of holding property through home ownership. Many have done very well due to home price appreciation over the past two decades.

The inflation-adjusted returns for real estate over the past 50 years in Canada are very similar to those of equities. But those returns come with much less volatility than stock markets. In addition, income forms a bigger portion of its total return compared …

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22/01/202311/07/2024

Former finance minister paints unflattering picture of prime minister – Dan in Ottawa

Bill Morneau’s new book

Dan Albas – Jan 19, 2023 / 11:00 am | Story: 407013

Photo: Contributed

Central Okanagan-Similkameen-Nicola MP Dan Albas

Recently Prime Minister Justin Trudeau’s former star finance minister, Bill Morneau, authored a book titled “Where To From Here, A Path to Canadian Prosperity”.

As is common when promoting a new book, Morneau has conducted several media interviews. What is less common is Morneau leveled some heavy and serious criticism against Trudeau and his office.

Morneau makes several allegations along a theme suggesting Trudeau often ignores or rejects “carefully considered calculations” for announcements that sound good or

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