We all have visions of what it takes to retire rich – finally savouring a taste of the good life, with first-class travels, fast cars and martinis by the pool. But, as Peter Wilson discovers, come age 65, many of us are in for a shock. What does your roadmap to retirement look like?
A proposed merger between two big suburban Vancouver credit unions has been called off. Apparently, the dating that's been going on for several months convinced the two that any union between them would end up as a brand marriage from hell. Tony Wanless
Under BCSC rules, all publicly traded companies that privately sell shares or issue options must file a form – known as a Form 20 – listing the names and addresses of all purchasers and optionees. Until April 2003, those forms were publicly available, either in hard copy at the commission office or electronically on the BCSC website.
Executive payouts break records every year, the wage gap between CEOs and average workers grows constantly more vast, and both the U.S. and Canada are reworking the rules on how companies pay the brass. It’s time to big bucks. Executive compensation has become a tricky beast, laden with elaborate stock schemes whose windfalls make million-dollar salaries look like chump change. It’s all led to confounded directors, irritated shareholders and nervous regulators.
The legislation governing bank in Canada changed in 2001 to allow more competition in the sector, ushering in a host of smaller players and prompting the country’s major financial institutions to become more savvy about their customer's personal interests.
Once upon a time, BrightSide Technologies Inc. was a shining all-B.C. example of high-tech genius. And its timing was impeccable. Consumers worldwide were about to be swept up in a mania for ever-larger, eye-popping television sets, while everyone, from geeks to grandmas, was moving to larger computer monitors. And BrightSide...
“Cap-and-trade” permitting schemes and taxes on greenhouse-gas (GHG) emissions are widely recognized as key to addressing climate change, because they establish a visible price for emissions. But the prospect of new taxes or new regulatory limits will seem a depressing backward step to many in the private sector.
The first time I laid eyes on Jezebel, she was in the company of one of my best friends. She looked a little rough around the edges, but she was a beauty, even beneath her factory-installed vinyl roof and clumsy after-market paint job. She may have been a bit worn out, but still, I wouldn’t have thrown her out of the garage for leaking a bit of oil, transmission lubricant or brake cylinder fluid. I was in love.
Patricia Croft, chief economist for Vancouver-based Phillips, Hager & North Investment Management Ltd., has just returned to Toronto. She’s seen once again for herself the visible proof of what the statistics say is true, and she isn’t mincing words: it’s boom times on the West Coast.
It initially launched in 1996 to explore fuel-cell technology but changed direction and, in 2004, landed a potentially lucrative contract with ExxonMobile Research and Engineering Co. to develop large purification and recovery systems for oil-refining and petrochemical markets. Exxon provided...