Bouncing Back From Bankruptcy
Bankruptcy is the worst black mark you can have on your credit report. It can make it impossible to get new loans or lines of credit for several years, and it may even affect your chances of landing a new job. Recovering from bankruptcy isn’t easy, but if you’re determined to turn over a new […]
4 Personal Finance Rules That Are Meant to Be Broken
With a number of written and unwritten rules for how to handle your personal finances, it’s easy to get overwhelmed and not know which rules to follow or which ones will work best for you. When it comes to your managing your money, it’s important to remember that one size does not fit all, and […]
Future of auto industry?
Major automakers are preparing for a future where drivers might not want to own the cars they use. The shift comes as the industry undergoes rapid technological change towards a driverless future, while high up-front costs and ownership burdens have a small but growing minority of drivers fuelling demand for alternatives. “In terms of ownership […]
US mortgage rates ease
Long-term U.S. mortgage rates declined this week, in a quiet pause after weeks of market anxiety over rising interest rates. Home borrowing rates still remain at their highest levels in more than seven years, dampening the outlook for prospective homebuyers. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate mortgages eased to an average […]
Strong numbers at Bell
BCE Inc.’s profit and revenue for the third quarter were better than expected Thursday as the parent of Bell Canada reaped benefits from years of heavy spending to build its telecommunications and media businesses. “The company actually enjoyed an excellent subscriber growth quarter across TV, internet and wireless,” BCE and Bell chief executive George Cope […]
MEG wants more money
The CEO of MEG Energy Corp. says shareholders should continue to ignore a hostile takeover bid by Husky Energy Inc. because “by their own admission, Husky can afford to pay a lot more.” Derek Evans, on his first financial reporting conference call since being named CEO earlier this year, says Husky’s $11 per share cash-and-stock […]