The TFSA is a great way to start saving, but, if used with your RRSP, it is a fantastic way to get closer to retirement. The post TFSA 101: How to Use it With Your RRSP appeared first on The Motley Fool Canada.
(Reuters) -The union for Sunwing Airlines pilots said it is urging Canada's government to stop a plan by the Ontario-based leisure carrier to hire foreign pilots this winter to help cope with an expected holiday travel surge. Airline industry use of foreign pilots as aviation rebounds from the COVID-19 pandemic is sensitive for unions in Canada and the United States. "It's a punch in the face," Barret Armann, president of the union local that represents Sunwing pilots, said of the plan to hire non-Canadian pilots, adding that Labor Minister Seamus O'Regan "needs to step in and stop this."
Just Kitchen Holdings Corp. ("JustKitchen or the "Company") (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z), an operator of ghost kitchens specializing in the development of delivery-only food brands, announces the expansion of JustKitchen's in-house brands to Thailand (the "Thailand Location") via GrabKitchen. For the Thailand Location in the Phayathai area of Bangkok, GrabKitchen is providing the physical kitchen on a Kitchen-as-a-Service ("KaaS") basis. The Thailand Location is situated near a busy comm
TOKYO (Reuters) -Japan's McDonald's fast food restaurants will raise prices on about 60% of its offerings to customers, fuelled by rising input costs and exchange-rate fluctuations, the company said on Monday. It marks the company's second set of price increases this year as Japan grapples with inflationary pressures and a slide in the yen to a 24-year-low, making imported ingredients more expensive. From this Friday, the cost of the signature Big Mac hamburger will increase to 410 yen ($2.85) from 390 yen, McDonald's Holding Company Japan Ltd said in a statement, reflecting increases of 10 to 30 yen on many items.
TOKYO/SEOUL (Reuters) -U.S. Vice President Kamala Harris told South Korea's prime minister on Tuesday that Washington will work to address Seoul's concerns over recently enacted electric vehicle (EV) subsidies that could disadvantage Asian automakers. The $430 billion "Inflation Reduction Act" bill enacted in August includes a host of U.S. President Joe Biden's priorities, including investments to roll back climate change and make Washington a world leader in the EV market. The law also ends subsidies for other EV models and requires that a percentage of critical minerals used in those cars' batteries come from the United States or an American free-trade partner.
Martin Pelletier: Investors need to do more than simply 'wait it out'
If you've got cash that you're looking to invest right now, here are two of the best TSX stocks to buy in this market environment. The post Got $1,000? 2 Simple TSX Stocks to Buy Right Now appeared first on The Motley Fool Canada.
SEOUL, South Korea (AP) — North Korea and China resumed freight train service Monday following a five-month hiatus, South Korean officials said, as the North struggles to revive an economy battered by the pandemic, U.N. sanctions and other factors. The reopening came after North Korean leader Kim Jong Un last month made a dubious claim to have overcome the COVID-19 pandemic and ordered an easing of the restrictions guarding against the spread of the coronavirus. South Korea’s Unification Ministr
LONDON (Reuters) -Turmoil in British financial markets forced mortgage lenders to temporarily withdraw and reprice products for new customers on Monday, a real-world consequence of the market volatility thrown up by finance minister Kwasi Kwarteng's mini-budget last week. Brokers said the moves were likely just the start of a big shift in Britain's mortgage market. The country's largest mortgage lender Halifax said it was withdrawing its fee-paying mortgage products - where borrowers could pay an arrangement fee in exchange for a lower interest rate - and moving to a full fee-free range.
After weeks of lobbying the White House on how gig workers should be treated, the rideshare, delivery and retail industries are bracing for a new rule that is likely to make it easier to classify them as employees, multiple sources say. A proposed rule from the Department of Labor, aimed at defining whether gig workers for companies including Uber, Lyft, DoorDash and retailers such as Amazon.com Inc are misidentified as independent contractors, is under review at the White House's Office of Information and Regulatory Affairs (OIRA) and is expected to be released in coming weeks. Groups representing employers, including the U.S. Chamber of Commerce, The National Association of Home Builders, The National Retail Federation and the Associated Builders and Contractors have met with officials at the White House's Office of Management and Budget, according to White House records and sources.
A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a draft letter seen by Reuters. The EU proposed a package of emergency measures to tackle soaring energy prices earlier this month, but has steered clear of a gas price cap, an idea which has split the bloc's 27 member states. Countries in favour plan to step up pressure on Brussels, with a letter asking the European Commission to make proposals on a gas price cap for discussion at a meeting of EU energy ministers on Friday, followed by a legislative proposal as soon as possible.
KYIV, Ukraine (AP) — The final day of voting was taking place in Russian-held regions of Ukraine on Tuesday in preordained referendums that are expected to serve as a pretext for their annexation by Moscow. The ballots are heightening tension between the Kremlin and the West, with Russia warning it could resort to nuclear weapons to defend its own territory. Formal annexation of captured chunks of eastern Ukraine, possibly as soon as Friday, sets the stage for a dangerous new phase in the seven-
Les Femmes Michif Otipemisiwak / Women of the Métis Nation proudly celebrates Gender Equality Week and would like to take the time to highlight especially the roles and contributions of Métis women and gender diverse folks across Canada.
World shares were mostly higher on Tuesday as buying kicked in after heavy selling on Wall Street put the Dow Jones Industrial Average into what’s known as a bear market. U.S. futures and oil prices gained. In early European trading, Germany's DAX climbed 0.7% to 12,315.01 while the CAC 40 in Paris rose 0.8% to 5,812.41. In London, the FTSE 100 edged 0.1% higher to 7,029.46. The future for the S&P 500 jumped 1.3%, while the contract for the Dow industrials was 1% higher. In Asian trading, Tokyo'
Recent profit warnings from bellwether companies like Ford Motor Co, may signal more challenges ahead for corporate America, increasing wariness for investors as the stock market deepens its sell-off. The U.S. Federal Reserve raised interest rates by three-quarters of a percentage point for a third straight time on Wednesday in its fight to combat inflation, and some analysts think the aggressive hikes could tip the economy into recession. Ford Motor warned last Monday that inflation-related supplier costs will run about $1 billion higher than expected in the current quarter, while FedEx Corp outlined on Thursday cost cuts of up to $2.7 billion after falling demand hammered first-quarter profits.
The recent rally in the U.S. dollar is creating an “untenable situation" for riskier assets that could end in a financial or economic crisis, strategists at Morgan Stanley warned in a note Monday. The wild swings in currencies are another pressure on the global economy and corporate earnings, which are expected to fall as the Federal Reserve’s aggressive interest rate hikes over the summer begin to weigh on spending. “The ultimate lows for stocks, and highs for yields, will likely be determined by the growth trajectory in earnings and the economy rather than inflation or the Fed,” analysts including Michael Wilson at Morgan Stanley wrote.
Given their high yields, attractive valuations, and stable cash flows, these three TSX stocks are excellent buys for income-seeking investors. The post Passive Income: 3 Top TSX Stocks That Pay Dividends Monthly appeared first on The Motley Fool Canada.
BERLIN (AP) — Denmark's maritime authority said Monday that a gas leak had been observed in a pipeline leading from Russia to Europe underneath the Baltic Sea and that there is a danger to ship traffic. The operator of Nord Stream 2 confirmed that a leak in the pipeline had been detected southeast of the Danish island Bornholm in the Baltic Sea. The pipeline runs 1,230 kilometers (764 miles) from Russia through the Baltic Sea to Germany. It is completed and filled with gas, but gas has never bee
WASHINGTON (AP) — President Joe Biden announced a new initiative Monday that would eventually allow consumers to see a more complete price on airline tickets — including baggage and change fees — before they buy, as the White House continues to search for ways to lower costs for Americans amid persistently high inflation. The White House says the proposed rule from the Transportation Department will prevent airlines from hiding the “true cost” of airline tickets, which would help consumers save
For six months, home for Ms. Xu has been a room in a high-rise apartment in the southern Chinese city of Guilin that she bought three years ago, attracted by brochures touting its riverfront views and the city's clean air. "All the family's savings were invested in this house," Xu, 55, told Reuters from the Xiulan County Mansion complex, her room bare except for a mosquito net-covered bed, a few necessities and empty bottles on the floor. Xu and about 20 other buyers living in Xiulan County Mansion share a makeshift outdoor toilet and gather during the day at a table and benches in the central courtyard area.