In the 2015 federal budget, the Canadian government announced its intention to create a $300-million initiative to encourage private investment, job creation and growth that will fight extreme poverty in developing countries. Canada is the last G7 country to create a public arm to support private investment in development. Some of our counterparts have been in this business for over 50 years, doing good and making money at the same time.This initiative looks even tardier when one considers that successive Canadian governments since the early Trudeau era have bandied about the idea of creating a public entity to catalyze more private capital for development.
Where once we took pride in turning out engineers, architects, doctors, accountants and lawyers who built bridges, buildings and companies and helped better and even save lives, now we venerate those whose single pursuit is great wealth. It's hard to see what purpose Wall Street quants and click-driven Web virologists serve except to further the notion that all that matters is money.
Another option for affluent families like Hugo and Milena is to consider setting up a family trust. It works best when families have a significant amount to settle into the trust or loan the trust. This may be considered for amounts over $1 million due to the costs to set up the trust and its ongoing administration.
Predictably, the success or failure of your plans may be determined even before the strike of midnight. 'Tis the season for peak gym-membership sales and promises of budgeted spending. Whatever your goals are for 2015, there are a couple of safeguards you can implement to ensure that you aspirations are accomplished.
The short term problem is that Alberta has expensive oil which will make it challenging for all governments to achieve their fiscal goals. Revenues are down. Already we are seeing the incredible shrinking surplus of the Harper government. Medium term the market will right itself and business will pick up.
Finding "the right one" these days can be very complicated, and by the one I mean the right financial advisor! Searching for an advisor that is the perfect match takes time, effort and plenty of research. Finding the right financial advisor is not necessarily a simple task but it can be straightforward if you follow some basic guidelines.
Alright. You are back at work, sitting at your desk looking at your computer screen. Many entrepreneurs go through this once school is back in session, and just like the kids that are back to a routine, it's time for you get back to one as well. Take a deep breath, loosen the tension in your shoulders and breathe!
Being the executor of a loved one's estate can be a very difficult task. With an estate plan in place and by taking a few basic steps to prepare, you can reduce the stress and loss of estate value considerably. Estate planning involves tough questions that ultimately give you and your loved ones peace of mind.
Tim Hudak had no plan to address this pension crisis and the provincial Conservatives are, in fact, out of the picture on this issue. There is very little disagreement between the Ontario Liberals and the Ontario NDP when it comes to the need to restructure existing federal and provincial retirement coverage, with or without federal impetus.
I am very conscious of what and how I eat. And I am exercise-obsessive, not just working out like a grunting fiend, but also evangelizing my tools of choice TRX and Rip-Trainer to anyone who will listen, and many who won't. These two immutable elements of a healthy lifestyle were unfathomably foreign to me back then.
Investing and managing money might seem like one such task that requires a large amount of personal attention and professional advice. However, an increasing number of investors have started looking to technology to help manage their money. This trend has seen the rise of a new breed of wealth manager -- "the robo-advisor."