Debt Nation: Canada’S Provinces Are Too Big To Fail — Too Small To Survive Covid-19 On Their Own


Google likely to face antitrust lawsuits by U.S. Justice Department and state attorneys general: WSJ report: Reuters



Google - along with Facebook, Amazon.com and Apple - face allegations that the tech behemoths use their clout to unfairly defend their market share

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U.S. funds rush to tech companies and battered energy stocks in Q1 - Financial Post:



BOSTON/NEW YORK — Prominent U.S. fund managers piled into big-name technology stocks and bottom-fished in the beaten-down energy sector as markets reeled from the coronavirus-fueled selloff i…

Annuities are a blessing and a curse for couple whose income has dried up during pandemic: Andrew Allentuck



Out of work, couple in early 60s are having to run down savings built over decades of work

Facebook buys animated image library Giphy for $400 million: Bloomberg News



Giphy will join the Instagram group within Facebook

Debt nation: Canada’s provinces are too big to fail — too small to survive COVID-19 on their own: Geoff Zochodne



Heading into 1993, Saskatchewan was a leading candidate for a dubious honour: provincial bankruptcy. No province had defaulted on its debts since Alberta during the Great Depression, but Saskatchewan’s borrowing had soared throughout the 1980s and its credit …

Ottawa announces that wage subsidy will last three more months through summer: The Canadian Press



The subsidy had been set to expire in the first week of June

Howard Levitt: My company’s closing the office on Fridays and forcing staff to take a vacation day. Is that legal?: Howard Levitt



You do not have a right to pick what days are used or not used for your vacation

Five things investors can look for to find the next Shopify: Peter Hodson



Peter Hodson: You only need a few big winners for investment success

COVID-19 savages U.S. retail sales, putting economy on track for worst contraction since Great Depression: Reuters



'All indications are the recovery is going to be slower and gradual, if we have one'

Here’s everything students need to know about the $1,250 per month CESB: Jamie Golombek



Jamie Golombek: Find out how the program works, if you're eligible and how to apply

Seven reasons why you should be reading as much as the world’s top business leaders: Postmedia



Leaders must stay ahead of the curve and keep up with the most up-to-date and important information of the day. That's why top CEOs report reading four to five books a month.

Matchmaking platform for protective gear rolled out as masks alone emerge as $3.5-billion sector: Emily Jackson



Startup Bulky.io using AI-enhanced technology to help Canadian manufacturers find buyers for hand sanitizer, masks, face shields and gowns

Watch out for Sept. 1, indebted Canadians — that’s when the creditors will come calling: Larysa Harapyn



Kelley Keehn, personal finance educator, speaks about how our money habits have changed amid COVID-19

Brookfield revamps unusual ownership structure to limit powers of governing partnership: Financial Times



It is one of the biggest changes to Brookfield’s governance since the group parted ways with members of the Bronfman dynasty in the 1990s

‘Stocks are overvalued’: Wall Street heavyweights sound the alarm about markets: Bloomberg News



Legendary investors Stan Druckenmiller and David Tepper the latest to weigh in, saying risk-reward of holding shares worst they've seen in years

This ‘hangry’ millennial’s stress-eating problem is taking a bite out of her financial dreams: Victor Ferreira



Introducing Spent, a fresh look at the financial lives of Canadian millennials from the Financial Post

‘A disappointing missed opportunity’: Trudeau’s central bank choice hits a nerve among women in finance: Bloomberg News



They're questioning how the prime minister's avowedly feminist government could have passed over Carolyn Wilkins for Bank of Canada governor

Equitable braces for spike in loan defaults when Canadians face higher debt costs after deferrals run out: Geoff Zochodne



Provisions for bad loans nearly triple what alternative lender had forecasted

Brookfield is sitting on $60 billion to help it weather the pandemic: Bloomberg News



CEO Bruce Flatt says Brookfield is well-positioned to make it through the crisis

Eight things to consider when building a personalized financial plan: Leigh Taveroff



A plan can help guide your financial decisions, whether that means paying off student loans, saving for a house, or investing in an RESP for a child’s education



[news curation]@wakanda-forever



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