A Money Coach in Canada

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Well I guess it’s not too surprising the Border’s is declaring bankruptcy. The way we read has changed as radically as the way we listen to music. Still, I’m sad to see the demise of anything to do with books.

And of course grim shenanigans in the Canadian Parliament. CIDA unexpectedly denies KAIROS, a respected, ecumenical social justice organisation, $7M in grant money. Except it turns out CIDA didn’t deny it. Bev Oda, our Minister of International Cooperation did. But said she didn’t, which is essentially lying to parliament. The Speaker caller her out. Harper defended her. Nobody’s buying it.

The Canadian Treasury Board and the Dep’t of Finance experienced a serious cyber-attack. Not to worry, the budget is safe.

Marks and Spencers (M&S) ventures back into France. I’m hoping that’s a sign of things to come. I miss them in Canada! (women will know why).

AOL is buying Huffington Post. This makes me a bit anxious. Whenever the original owner doesn’t own the company anymore, things change and rarely for the better.

The owners of the Toronto Stock Exchange and the London (UK) Stock Exchange want to merge, but will Canada let them? It would make the Exchange the largest mining exchange in the world. Here’s BBC’s vid:

BBC London Stock Exchange to merge with Toronto Stock Exchange

Last, my fave story of the week: Beware English Grandmas, you rotten thieves!

Food prices are the highest they’ve been (worldwide) since 1990. Don’t know about you but that really scares me. Haiti, Egypt …

The IRS has made an iPhone App for tax refunds!

If you’re Canadian, you’ve probably seen all the headlines about how in debt we are. Here’s a good article that explains it in plain english, and provides some context.

I’m not really sure why this article was published at this point, but it was news to me that Whistler-Blackcomb was an IPO last November. I’ll be investigating further!

Ever shop at SHOPPERS? The CEO of the past 4 years has resigned. There’s no one inside the company ready to step up to the job, so a world wide search will be underway.
My opinion: As more and more provinces start to protest the stranglehold the Pharmaceutical Industry has, and as they start to insist on more access to generic brands and bulk-purchasing (YAY Ontario for taking the lead on this), pitching the job of CEO for Shopper’s is a pretty tough sell. Having said that, I have a vague notion that they make as much from their (gorgeous) makeup and perfume sales as selling prescriptions. On second though, nah, that can’t be true. Can it?

LINKED IN files to go public! (ie. the you’s and me’s of the world can buy stock in their company if it goes through) and hell yes, I’d invest! (per usual: don’t mistake me for a financial planner, or construe this advice! I’m just sharing my personal take here.)

NETFLIX is freaking out (as well all should probably be) about Bell and Roger’s evil plan to start charging us by-the-gig-consumed for internet usage as well as giving a generous amount and capping it. Apparently a lot of Canadians were stung when they started using Netflix, not realizing they were exceeding their allotted bandwidth as they watched movies. Ouch.

oh, and: Sarah is going to pay off $15,000 in Student Loans this year! Pop by her blog and wish her luck!

1. Goldman-Sachs invested $450M in Facebook. Don’t want anyone of my readers to be the last to know!

2. ” a third of all income growth in Canada in the past two decades went to the richest 1 per cent of Canadians.”
Holy smokes, eh? Full article at the Globe and Mail and an extended reflection on this can be found on Mike Todd’s blog.

3. Big Thought of the Day: When we talk about the economy, and jobs, it’s easy to become detached. We never quite believe it “can happen here”. About a year ago I became weirdly interested in Detroit after becoming (equally weirdly) addicted to Sam Roberts’ Song Detroit ’67 below.

Check out these recently published photos, Ruins of Detroit. Then watch the video below for ghosts of what Detroit once was. Our politics, our policies and our spending can make or break a city.

Detroit ’67 Music Video from Dave Pawsey on Vimeo.

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