Mortgage Funds – 3 Things to Know Before Investing
08/20/2021 1:42 PMMortgage funds, commonly referred to as MICs, have grown in popularity as investors look for alternative ways to generate stable income. These funds earn interest by lending money, secured against real estate, to borrowers who don’t fit the increasingly rigid...
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Amazon Is Reportedly Planning to Open Its Own Department Stores
08/20/2021 10:45 AMAmazon is like that monster from horror movies that kills its victims then assumes their identity. The company is planning to open several large brick-and-mortar retail locations in the US that resemble department stores, the WSJ reports. The physical stores will...
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Majority of Canadian small businesses plan to require vaccination for staff: survey
08/20/2021 10:22 AMNearly two-thirds of small and medium-sized businesses in Canada plan to make COVID-19 vaccination mandatory for their employees, according to a new survey. A full 62% of businesses that were polled said they would implement a plan requiring immunization. Another 84%...
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Chip crisis threatens to cut auto output by 7.1M cars
08/20/2021 10:03 AMThe global shortage of semiconductors will cut worldwide auto production by as many as 7.1 million vehicles this year, and pandemic-related supply disruptions will hobble the industry well into next year, IHS Markit said. The lack of chips won’t stabilize until the...
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My Last Business Comment on Corus
08/20/2021 6:44 AMAnd the Prime Minister says, "forgive me if I don’t think about monetary policy.” So who the heck wants to hear a business comment about interest rates, inflation or record deficits. Clearly he...
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Pattie Lovett-Reid: A ‘golden opportunity’ to tackle inflation pressure
08/19/2021 11:11 AMForgive me if you have heard this term before: "transitory," meaning inflation is supposedly temporary. Year-over-year, when you look at the base effect on prices, it makes sense to be patient. During the height of the pandemic, gas prices hit lows of around 60 cents...
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Home prices rising per square foot, annual survey shows
08/19/2021 10:42 AMThe fifth annual Price per Square Foot Survey, released August 11 from Century-21 Canada, shows that real estate continues to be a strong investment. While real estate is most often dependent on local market conditions, the past year has seen widespread increases in...
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For All the Talk About Concern Over Climate Change There’s One Giant Omission
08/19/2021 7:20 AMThey have no plan - no clue about how to get the raw materials needed for renewable energy and electric vehicles. And refuse to acknowledge the slave labour used to make the majority of solar...
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Schachter’s Eye on Energy – August 18th
08/18/2021 12:18 PMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold (SER) newsletter covering the general energy market and 30 energy, energy service and pipeline...
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Palantir Buys $50.7 Million Worth of Gold Bars
08/18/2021 11:11 AMPalantir, the data analytics software company cofounded by Peter Thiel, revealed in a filing that it bought $50.7 million worth of 100-ounce gold bars. Why? “You have to be prepared for a future with more black swan events,” COO Shyam Sankar told Bloomberg. A black...
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