CPP Changes on the Horizon

The federal government announced some proposed changes to CPP making it more onerous to take CPP early while rewarding those who delay their start date past the date of 65.
It has barely received any press coverage yet it will impact every Canadian outside of those already collecting their pension.
The major change will be that CPP [...]

The Week Ahead – June 8, 2009

The economic calendar and earnings announcements in Canada are relatively slow. Housing starts in Canada come out on Monday with the consensus targeted at 130,300.
On Monday, there are no announcements while Saputo (SAP) and Major Drilling Group International (MDI) report Tuesday. Viterra (VT) announces results on Wednesday.
MDS, Transcontinental, Transat, and North West Co. all report on Thursday.
To [...]

Real Estate L.P.’s Gone Bad

Last August, I wrote a post titled “Are you a Sub-Prime Lender?” which you can revisit by clicking on the link here.
It took a while but one of the largest firms concentrating in this area has applied for bankruptcy protection on several of its deals. Hundreds and perhaps thousands of investors stand to lose millions [...]