LOTS, according to a recent survey. To be specific, Canada’s top CEOs make about 200 times the average worker’s earnings. Ten years ago it was only 100 times.
They usually get these ridiculous salaries because of bonuses for making the company profitable. This should only be true for long time CEOs. For example, although I think [...]
Received my yearly mutual fund results report the other day. My account dropped about 2% in 2007. So … why is it that these ultra smart highly paid managers of my account can’t make money more consistently? My account is in the low to moderate risk range. Aren’t we supposed to be able to make [...]
At least it is in the jurisdiction that I live in.
Reading the Globe and Mail this morning, I learned that clotheslines are illegal in many communities here. Why? I can only think that some people did not like looking at their neighbour’s “unmentionables”.
When I was growing up in the 60’s clotheslines were very common. Some [...]
To quote a Globe and Mail article about whether the subprime mess in the U.S. could spread to Canada … “Typically, such loans carry a higher interest rate. But to entice borrowers, lenders usually start with a lower “teaser” rate that rises sharply after two years. Many subprime loans started out at 8 per cent [...]