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Vanguard FTSE Canadian High Dividend Yield Index ETF is an ideal investment for income-seeking retirees. The post TFSA Retirees: This ETF Will Help You Generate $3,100 in Tax-Free Income Each Year appeared first on The Motley Fool Canada.
Oil prices fell on Thursday after Brent crude hit a seven-year high above $90 a barrel, as the market balanced concerns about tight worldwide supply with expectations the U.S. Federal Reserve will soon tighten monetary policy. Prices had surged on Wednesday, with Brent climbing above $90 a barrel for the first time in seven years amid tensions between Russia and the West. Russia, the world's second-largest oil producer, and the West have been at loggerheads over Ukraine, fanning fears that energy supplies to Europe could be disrupted, although concerns are focused on gas supplies rather than crude.
Today, the results of the 19th annual Best New Product Awards (BNPA) were released together with new research by BrandSpark International on Canadians' shopping habits for consumer products. More than 12,000 Canadians voted on the latest beauty, health, personal care, food, beverage, household, home goods and pet products in 77 categories.
KENNESAW, Ga. (AP) — Family members of women in a sober living group home who were killed and injured in a fiery van crash last year are suing a car company and the group home, saying the 2002 Dodge Ram was prone to tipping over and was not properly maintained. Just before the April crash, a vehicle ahead of the passenger van unexpectedly changed lanes on a Georgia interstate, police said at the time. The van then went out of control, rolled onto its side and slid across two lanes, bursting into
LACEY TOWNSHIP, N.J. (AP) — For the second time in as many months, the U.S. Nuclear Regulatory Commission has fined the owners of a former New Jersey nuclear power plant for security-related violations. The agency said Wednesday it fined Jupiter, Florida-based Holtec Decommissioning International $50,000 for security violations at the former Oyster Creek nuclear power plant in the Forked River section of Lacey Township. The plant was one of the oldest in the U.S. when it shut down in 2018. The f
(Reuters) -Abbott Laboratories on Wednesday beat quarterly profit and sales estimates, aided by robust sales of COVID-19 test kits and strong demand for its diagnostics products, but forecast lower-than-expected COVID-19 testing sales in 2022 due to uncertainties around the future of the pandemic. Abbott said it expects $2.5 billion in sales of COVID-19 test kits in the early part of this year. The company will update its test kit estimates on a quarterly basis.
(Reuters) -A group of Amazon.com workers has met the requirements to hold a union election at a warehouse in Staten Island, New York, a spokesperson for the U.S. National Labor Relations Board confirmed on Wednesday, paving the way for another high-profile labor battle at the online retailer. NLRB spokesperson Kayla Blado wrote in an email that group of workers, known as the Amazon Labor Union, had "reached a sufficient showing of interest." In order to hold an election supervised by the U.S. National Labor Relations Board, unions must show that they have gathered signatures of support from at least 30% of workers who are eligible to vote.
Tenet Fintech Group Inc. (CSE: PKK) (OTC PINK: PKKFF) ("Tenet" or the "Company"), an innovative Fintech and AI service provider and manager of the Business Hub™, unveiled its new brand identity today. Tenet has completed an extensive rebranding effort in response to accelerated company growth and a renewal to its corporate vision.
On Jan. 15, Prime Minister Justin Trudeau’s federal government implemented a vaccine mandate that will require unvaccinated Canadian truck drivers undergo testing and quarantine upon entry into Canada. Unvaccinated Canadian truck drivers are also not permitted to enter the United States. The U.S. implemented its own policy on Jan. 22, barring all unvaccinated individuals travelling for essential or non-essential purposes from entering the country. Industry groups had warned the government that a vaccine requirement for truck drivers would create added pressure on an already-strained supply chain system. Backlash to the policy has emerged this week, as truckers and protesters from across the country head to Ottawa for a rally against the vaccine mandate. On this episode of Editor's Edition, Alicja Siekierska and the Public Policy Forum's Sean Speer dig into the trucker vaccine mandate policy, whether the Trudeau government should have moved forward with the policy, and the backlash that has emerged. Speer says that while Trudeau has made mistakes in how he has spoken about the unvaccinated, he argues that the government needs to ‘hold the line’ on the policy. “At its core, the government’s position on these issues is right,” Speer said.
BERLIN (AP) — Germany's parliament on Wednesday began a debate on a possible wide-ranging coronavirus vaccine mandate, with three main options on the table so far: obligatory vaccinations for all adults, just for everyone 50 and above, or no mandate at all. German politicians of all stripes long insisted there would be no vaccine mandate. But the tide turned late last year amid frustration that a large number of holdouts was hampering the country's fight against COVID-19. Shortly before becoming
In time for the fifth anniversary of the Quebec mosque shooting anniversary and the National Day of Action Against Islamophobia, Islamic Relief Canada is releasing a new report today that sheds light on how everyday Islamophobia affects Canadian Muslims.
NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce radioactivity results and the completion of the 2021 field programs that focused on exploration and a detailed geotechnical site confirmation program at the Arrow Deposit ("Arrow" or the "Project") at the 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan.
KITS Eyecare Ltd. (TSX: KITS) (OTC: KTYCF) ("KITS" or the "Company"), a rapidly growing, vertically integrated eyecare platform, today announced that it has launched a partnership together with Sun Life. KITS will provide an exclusive vision care offer to all Sun Life clients, accessible through Sun Life's mobile app and mysunlife.ca. The offer, exclusive to Sun Life is the latest partnership in the Fulfillment by KITS (FBK) platform.
Earnings are coming in for the big railway companies, but should Motley Fool investors consider CP (TSX:CP)(NYSE:CP) stock or CNR (TSX:CNR)(NYSE:CNI) stock? The post CP Stock or CNR Stock: Which Is Better for Your TFSA? appeared first on The Motley Fool Canada.
TORONTO — DesRosiers Automotive Consultants says Canada produced just over 1.1 million light vehicles last year for the lowest level of production since 1967. The low production numbers, down from 1.4 million in 2020 and close to two million in 2019, came as the auto sector globally was hit by a shortage of semiconductor chips caused by pandemic-related production issues and a surge in demand for electronics. Canadian production was hit especially hard as automakers prioritized chips for their m
(Reuters) -Tesla's most important products this year and next will not be cars, Chief Executive Elon Musk said on Wednesday, but software that drives them autonomously and a humanoid robot. Tesla and other auto technology companies have missed their targets to deploy self-driving cars for years. Musk has built a career on defying skeptics with businesses in electric cars and rockets.
ROME (AP) — Lawmakers and regional representatives failed for a fourth day Thursday to find consensus on a new Italian president, even after the threshold for victory passed to a simple majority for the first time. The center-right abstained outright in the voting, a tactic to maintain the bloc’s unity that drew swift rebukes from other party leaders because it meant the quorum wasn't reached. Blank ballots carried the day as they have every day this week, as political parties continued behind-t
TORONTO — Canada's main stock index gave up early gains but still posted a small increase as crude oil prices hit a more than seven-year high and the central bank kept its key interest rate in check. The Bank of Canada kept its key interest rate at 0.25 per cent, but warned higher interest rates are coming to help trim inflation from its hottest pace in three decades. Despite robust growth in the U.S. economy, an uneven global recovery, supply constraints, inflationary pressures, geopolitical te
Robinhood Markets Inc became a household name ahead of its stellar IPO last year, when retail investors used its trading app to drive shares of GameStop and other "meme stocks" into the stratosphere, but name recognition has not helped its share price lately. “The market is not being very patient with them,” said Greg Martin, co-founder and managing director at Rainmaker Securities, a brokerage specializing in private company deals. Waning investor interest in retail trading has weighed on shares of the commission-free online brokerage, which saw explosive growth at the beginning of 2021 as retail investors gobbled up viral stocks https://www.reuters.com/article/us-retail-trading-robinhood-anger/robinhood-is-new-eye-of-gamestop-storm-as-outrage-grows-idUSKBN29X33D including GameStop and AMC Entertainment.
The European Central Bank launched a stress test on Thursday to assess how prepared banks are to deal with potential shocks stemming from climate risk, it said in a statement. The ECB has long warned that euro zone lenders are failing to meet its climate risk management goals, and repeatedly called on them to adjust to its standards more quickly. "This is not a pass or fail exercise, nor does it have direct implications for banks’ capital levels," the ECB said.