Darryl Rocco spent many years in his career as a Financial Advisor. The world of investing had been of great interest to him. He is always prepared and fit many pieces together, including insurance needs and what to do during difficult economic times.
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What African swine fever means for Canada's pork industry
African swine fever is spreading quickly in China and has caused producers to cull massive numbers of pigs to stop the spread.
from CBC | Business News https://www.cbc.ca/news/canada/kitchener-waterloo/what-african-swine-fever-means-for-canadas-pork-industry-1.5107638?cmp=rss
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The working-at-home blues: Loneliness, depression a risk for those who are isolated
More Canadians are working at home than ever before, but for those who do it full-time, there's a risk of isolation and depression.
from CBC | Business News https://www.cbc.ca/news/business/working-at-home-isolation-1.5103498?cmp=rss
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'Passengers are afraid of this airplane': How Boeing is handling its 737 Max problem
Boeing has technical fixes for the 737 Max airliner and new training for pilots in the wake of two disastrous crashes. Now comes the hard part: getting passengers and airlines back on board.
from CBC | Business News https://www.cbc.ca/news/business/the-national-737-max-boeing-1.5107529?cmp=rss
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The federal budget bill can't actually 'free the beer'
Justin Trudeau said this year's budget bill does what the Harper government could never do: free the beer. There's just one problem: only the provinces can free the beer, and most of them haven't — including Doug Ford's Ontario, despite its first budget being otherwise loaded with booze measures.
from CBC | Business News https://www.cbc.ca/news/politics/free-beer-fact-check-1.5107244?cmp=rss
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Bank of Canada's Poloz expected to signal longer hiatus on interest rate changes
Bank of Canada governor Stephen Poloz will give his updated outlook for the economy Wednesday in an appearance that many expect will send stronger signals the interest rate will be on hold for months.
from CBC | Business News https://www.cbc.ca/news/business/poloz-hiatus-interest-rate-changes-1.5108119?cmp=rss
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CP's first-quarter profits shoot up as crude-by-rail revenues increase
Canadian Pacific Railway Ltd. saw first-quarter profits rise last quarter as crude-by-rail revenues increased and fuel costs declined.
from CBC | Business News https://www.cbc.ca/news/canada/calgary/canadian-pacific-rail-first-quarter-profit-rises-higher-crude-revenues-1.5108097?cmp=rss
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TSX, S&P 500 hit new closing highs on Tuesday
The two best known stock indexes in Canada and the U.S. closed at record highs on Tuesday, as the price of oil pushes higher and U.S. companies posted strong profits.
from CBC | Business News https://www.cbc.ca/news/business/dollar-tsx-markets-1.5107863?cmp=rss
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Canada's anti-spam law used against former CEO of coupon marketing company
The Canadian Radio-television and Telecommunications Commission is seeking $100,000 from Brian Conley for allegedly allowing or ignoring violations of the law while he was president and chief executive officer of nCrowd Inc.
from CBC | Business News https://www.cbc.ca/news/business/crtc-anti-spam-law-coupon-1.5107899?cmp=rss
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U.S. brings 1st criminal case against major drug distributor over opioid crisis
The U.S. government on Tuesday filed its first criminal charges against a major drug distributor and company executives over their alleged roles in fuelling the nation's opioid epidemic by putting profits ahead of patients' safety.
from CBC | Business News https://www.cbc.ca/news/business/us-criminal-case-drug-company-opioid-charges-1.5107592?cmp=rss
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Twitter profits rise as quarterly ad revenue doubles
The company said net income for the first three months of the year rose on strong ad demand. Daily users rose 11% to 134 million for the first quarter of 2019, thanks to both "organic growth as well as ongoing product improvements and marketing."
from CBC | Business News https://www.cbc.ca/news/business/twitter-profits-up-1.5107485?cmp=rss
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Samsung delays launch of folding phone after screen failures
The company had been planning to release the Galaxy Fold on Friday, but instead it will now run more tests and announce a new launch date in the "coming weeks."
from CBC | Business News https://www.cbc.ca/news/technology/samsung-galaxy-fold-launch-1.5107349?cmp=rss
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Bell tells 88-year-old she must wait 4½ years to get cellphone credits refunded
An 88-year-old Nova Scotia woman who seldom used her cellphone is trying to recover money from Bell, after automatic debits to pay for the service added up to a credit of close to $1,000.
from CBC | Business News https://www.cbc.ca/news/canada/nova-scotia/bell-telcos-cell-phones-business-customers-1.5103393?cmp=rss
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Imagining what it would take for Poloz to raise your mortgage rate: Don Pittis
As the Canadian election draws nearer and the U.S. president pressures the Fed not to hike, the Bank of Canada chief may find himself paralyzed when it comes to interest rates.
from CBC | Business News https://www.cbc.ca/news/business/poloz-monetary-canada-1.5101502?cmp=rss
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TV subscriptions will be outnumbered by streaming customers next year, report predicts
The number Canadian households paying for at least one streaming video service will eclipse traditional TV subscribers for the first time next year, predicts an annual report on consumer habits.
from CBC | Business News https://www.cbc.ca/news/business/streaming-services-tv-convergence-1.5106740?cmp=rss
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Millennials make more than previous generations, but owe much more too, StatsCan numbers confirm
Millennials make more money than previous generations in that demographic cohort, but are also saddled with much more debt, even adjusted for inflation, according to new Statistics Canada data that confirms what has been long suspected.
from CBC | Business News https://www.cbc.ca/news/business/millennials-income-statistics-canada-1.5106460?cmp=rss
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U.S. to end exemptions on Iranian oil sanctions for 5 nations, including China
The U.S. is ending exemptions from sanctions for countries that import Iranian oil, according to the White House, which said in a statement it is taking "timely action to assure that global demand is met as all Iranian oil is removed from the market."
from CBC | Business News https://www.cbc.ca/news/business/us-iran-oil-sanctions-1.5106403?cmp=rss
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Canada Revenue Agency writes off $133 million owed by one taxpayer
CRA commissioner Bob Hamilton last fall approved the writeoff of a huge tax debt of $133 million owed by one taxpayer, though the agency won't say whether it was an individual or firm. A spokesperson acknowledges writeoffs of that magnitude "are not common."
from CBC | Business News https://www.cbc.ca/news/politics/tax-excise-alcohol-auto-chrysler-wudrick-biram-canada-revenue-agency-cra-write-off-1.5101848?cmp=rss
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