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Financing is often the most convenient way to pay for a new or used vehicle — but borrowing money to buy a vehicle comes with risks

Not too late to make good on tax and financial resolutions – Winnipeg Free Press

Yes, I realize that the third week of January is a little late for new year resolutions. But I think that’s good.

Research has shown that resolutions, made with good intentions in the spur of the moment and often helped by distilled spirits, tend to go off the rails pretty quickly. Evidence is the thousands of people who showed up at the health club in the first few weeks of January, and the empty exercise machines in February.

Those good intentions have to be followed up with an executable plan. That’s what we’ll talk about today.

You still have time

US politics and the Paris finance summit

US politics and the Paris finance summit

US Climate Envoy John Kerry (left) and French President Emmanuel Macron talk during the New Global Financial Pact Summit at the Palais Brongniart in Paris, on June 22. [EPA]

Barbados Prime Minister Mia Mottley and French President Emmanuel Macron invited world leaders to Paris on June 22-23 to reach a new “global pact” to finance the fight against poverty and human-induced climate change. All kudos for the ambition, yet a few dollars were put on the table. To an important extent, the continuing global failure to finance the fight against poverty and climate change reflects the failings of US politics,

G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation

By Tetsushi Kajimoto

TOKYO (Reuters) -Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the broader G20 meeting in India, Japanese Finance Minister Shunichi Suzuki said on Friday.

The G7 groups Britain, Canada, France, Germany, Italy, Japan and the United States.

“Support for Ukraine, MDBs (multilateral development banks) reform and international taxation will be discussed at this meeting,” Suzuki added. “We have no plan to issue a statement but we will lead debates to resolve problems of the world’s faces.”

Separately, the G20 under the chair of India will

Alberta Finance Minister still eyeing the pension plan and tax collection

Finance Minister Nate Horner told Postmedia his objectives are about keeping a “steady hand on the wheel”

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Alberta’s premier is directing her finance minister to keep plugging away at

Some variable-rate borrowers will need $160,000 to avoid rising payments: Desjardins

A neighborhood of townhouses is seen in an aerial view in Richmond, BC, on Wednesday May 16, 2018. Canada Mortgage and Housing Corporation releases the Housing Market Insight report on Wednesday.  THE CANADIAN PRESS/Darryl Dyck

The rapid rise in interest rates will take a toll on homeowners when it comes time to renew their mortgages in this higher rate environment, but variable rate borrowers who are renewing for the first time will face the biggest sticker shock, Desjardins says. THE CANADIAN PRESS/Darryl Dyck

While many homeowners will face payment pressure when renewing their mortgage at current higher rates, variable-rate borrowers renewing for the first time will experience the biggest shock of all, according to new analysis from Desjardins.

That’s because these mortgage holders will have to make one of two choices if they hope to

Should Jordan, 58, and Joy, 57, leave their cottage to their children?

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Jordan and Joy are looking to retire from work as soon as possible. Luckily they’ve accumulated more than enough to do so.Blair Gable/The Globe and Mail

Jordan and Joy have raised two children, paid off the family home and cottage, and amass substantial savings and investments. Jordan, who is age 58, runs his own successful technical business while Jill, 57, is a self-employed consultant. Neither has a company pension.

Jordan’s business grosses about $400,000 a year, from which he draws a salary of $75,000 a year and more if needed. Joy bills about $50,000

rhfl: Authum completes Rs 3,351 cr takeover of Reliance Home Finance Ltd

Authum Investments and Infrastructure has completed a Rs 3351 crore takeover of former Anil Ambani company Reliance Home Finance Ltd (RHFL), in what is the biggest resolution of a debt laden non banking finance company (NBFC) outside the bankruptcy courts.

“Authum has transferred the requisite amounts to secure creditors and the business transaction agreement has been signed by lenders to hand over the assets to them. This brings an end to a process which began almost three years ago,” said a person familiar with the deal .

RHFL owed creditors led by Bank of Baroda a total of Rs 11,540