Monthly Archives: September 2015

Month: September 2015 Payments To Doctors In Canada Hit $24B In 2014

  Provincial and territorial governments paid out a total of $24.1 billion to physicians in 2013-2014, a nearly six-per-cent increase from the year before, according to the latest data from the Canadian Institute for Health Information. While payments to physicians varied across the country, Canadian doctors’ average earnings before expenses were nearly $336,000 last year, according to CIHI.  That’s a 2.4-per-cent increase from the previous year. The average annual clinical payment per physician ranged from $263,000 in Nova Scotia to $368,000 in Ontario. Related Stories Ontario doctors take fight against pay cuts to Twitter Ontario doctors urged to set timers

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Month: September 2015 Your Vote Gets A Better CPP Or Bigger TFSA, Not Both

  A couple of election issues that affect you more than most have barely seen the light of day in this campaign. True, they’re not as sexy as some others, but the pros and cons of a bigger Tax Free Savings Account (TFSA) limit and the discussion over whether to expand the Canada Pension Plan (CPP) are worth thinking about when you cast your vote. Based on party platforms, you’re going to get one or the other, but not both. The new $10,000 TFSA limit The TFSA is immensely popular, and for good reason. The late Jim Flaherty called it

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Month: September 2015 DiCaprio’s move to sell oil stocks may affect Canada

  The announcement that Leonardo DiCaprio is throwing his star power behind fossil fuel divestment caused a debate at the CBC business unit this week. The movie star, who recently played a cutthroat market manipulator in Wolf of Wall Street, has a different attitude in handling his own investments. He’s a well-known environmentalist who was an early adopter of Toyota’s green Prius hybrid. United Church votes to sell off its fossil fuel assets Dalhousie University votes against divesting fossil fuel holdings Leonardo Di Caprio urges UN to solve climate crisis This Wednesday past, the Leonardo DiCaprio Foundation put out a release saying the movie star and

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Month: September 2015 California drought drives cities to filter drinkable water from sewage

The liquid in the trough below looks remarkably like iced tea. But trust me, you don’t want to drink it. Not yet. “This is the first step of our treatment process,” says Denis Bilodeau, vice-president of the Orange County Water District, on a metal catwalk next to a canal of municipal sewage. California drought: ‘Water cops’ hope to curb water waste Farmers hit with record $1.5M fine for allegedly stealing water Water is precious in the drought-plagued region, and this massive water recycling plant in Fountain Valley, an hour south of Los Angeles, was built to convert raw sewage into drinkable H20. The brown liquid begins to bubble.

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Month: September 2015 Auto Parts Makers Make Plea To Save Auto Sector As TPP Talks Resume

  Auto parts makers in Canada, the U.S. and Mexico have urged their governments not to give in to demands from Japan for less NAFTA-made content in vehicles at new talks on the Trans-Pacific Partnership. Canadian and Mexican negotiators are in Washington today trying to work out terms for automotive issues in the trade deal which would open up freer trade among 12 Pacific nations. What is the Trans-Pacific Partnership? Trans-Pacific Partnership talks: Key issues preventing a deal The key issue in talks with Acting Deputy U.S. Trade Representative Wendy Cutler and Japanese officials is “automotive rule of origin,” a term

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Month: September 2015 Financial Advisers Failing To Fully Inform Clients – CBC Marketplace

  An undercover shopper investigation of Ontario financial advisers has found that only a third of them gathered thorough, know-your-client information, and less than a quarter discussed how the adviser was compensated. The so-called mystery shoppers also reported that while advisers were able to give clear information about products and services, they were less likely to inform a potential investor about the risks of any investment and the fees that might be associated with it. Three regulators — the Ontario Securities Commission, the Mutual Fund Dealers Association and the Investment Industry Regulatory Organization of Canada — sent in the mystery shoppers

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Month: September 2015 Paying Straight Cash In Home Buying – The Pros And Cons

  With the recent mortgage bubbles still fresh in mind, no one can blame people who would wanna buy their next property in straight cash payment instead of going for loans. It sounds like a good idea, but here are its pros and cons if you are hesitant. PROS Of Paying Cash In Home Buying The feeling of complete home ownership is priceless. The pride, joy, and fulfillment will let you sleep well at night. There are many reasons why you don’t wanna go for a a 25-year mortgage, but maybe the best reason is gaining full equity in your

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Month: September 2015 Is It Wise to Sell Your Home with an “Online” Only Real Estate Agent

  Now, with the added convenience of the Internet, there are real estate agents who do transactions online only, and this is starting to be prominent in countries like the UK.  So, is this a sound move for Americans or Canadians? Definitely not, according to the National Association of Realtors, which represents real estate agents in North America. “(Real estate agents here in the U.S. and Canada) have a unique understanding of what buyers’ value in their local markets,” Adam DeSanctis, a spokesperson for the organization told CNBC. “Their real insights and local market knowledge and ability to help consumers

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Month: September 2015 Preferred Shares Attractive, Advisers Suggest

OTTAWA — The preferred share market in Canada has taken a beating this year, sliding about 20 per cent so far, but investment advisers suggest there may be opportunities in the sector for investors. Ben Jang, a portfolio manager at Nicola Wealth Management, said those who are looking for quality names and high yield may want to consider preferred shares. Preferred shares are company stock with dividends that are paid to shareholders before common stock dividends are paid out. In the event a company goes bankrupt, preferred shareholders have a right to be paid company assets first. While so-called perpetual

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Month: September 2015 OECD Slashes Estimate of Canadian Growth to 1.1% in 2015

The OECD has lowered its estimate for Canada’s economic growth in 2015 to 1.1 per cent — revised downward from its June estimate of 1.5 per cent — as global growth stagnates. Its June estimate was itself revised downward from the 2.6 per cent growth for this year it projected in late 2014. The Paris-based economics organization says that lower prices for oil, coal and metals are hampering countries that depend heavily on commodity exports, such as Canada and Australia. It has also lowered its estimate for Canada’s economic growth next year to 2.1 per cent, a decline of 0.2 of

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