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personalfinancecanada·Personal Finance CanadabyMxWarp

PSA regarding FHSA

To maximize your 2023 tax savings with an FHSA, remember to make your contributions before December 31st. Unlike RRSPs, there's no option to carry over the first 60 days of 2024 contributions.

Additionally, if you're planning to contribute but lack the funds this year, consider opening an account and depositing a nominal amount, like $100. This strategic move will increase your carry forward room for next year to $7,900, which can be added to your regular $8,000 contribution limit, granting you a total of $15,900 available for contributions. Failing to do this could limit your next year's maximum contribution to just $8,000. Don't miss out on these opportunities!

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/first-home-savings-account/tax-deductions-fhsa-contributions.html

View original on lemmy.ca
personalfinancecanada·Personal Finance CanadabyMxWarp

Portfolio Dilemma: Hold or Add More?

I'm currently wrestling with a dilemma. Two significant positions in my portfolio have dipped by 15%. These are solid companies that I intend to hold for the long term. However, I've reached my allocation limit for them in my portfolio, so I can't increase my holdings. I'm curious, how do you handle such situations? Do you choose to patiently wait it out, or do you consider adding more & averaging down even when the stock has already reached its allocated percentage in your portfolio?

View original on lemmy.ca
britishcolumbia·British ColumbiabyMxWarp

Rogers in court seeking higher rates for Quebecor months after Shaw takeover promised lower costs

'The chickens are coming home to roost' after $26-billion acquisition of Shaw by Rogers received final approval earlier this year. In July, the CRTC set the “mobile virtual network operator” (MVNO) rates Quebecor will pay Rogers to use Rogers’ cellular network. The regulator chose Quebecor’s rate in final-offer arbitration. With the rates set, Quebecor was expected to start offering cellphone service in more areas across the country.

Rogers is now fighting those rates, having filed an appeal of the CRTC’s decision in the Federal Court of Appeal on Aug. 23.

Rogers had assured both the government and Quebecor the rate the CRTC set in arbitration “would be binding and final. It would set the rate once and for all.”

“Now that the transaction has taken place and the necessary approvals have been obtained, Rogers is patently acting in bad faith by refusing to accept the decision,”

Rogers in court seeking higher rates for Quebecor months after Shaw takeover promised lower costshttps://nationalpost.com/news/politics/rogers-seeking-higher-rates-for-quebecorOpen linkView original on lemmy.ca
canada·CanadabyMxWarp

Rogers in court seeking higher rates for Quebecor months after Shaw takeover promised lower costs

'The chickens are coming home to roost' after $26-billion acquisition of Shaw by Rogers received final approval earlier this year. In July, the CRTC set the “mobile virtual network operator” (MVNO) rates Quebecor will pay Rogers to use Rogers’ cellular network. The regulator chose Quebecor’s rate in final-offer arbitration. With the rates set, Quebecor was expected to start offering cellphone service in more areas across the country.

Rogers is now fighting those rates, having filed an appeal of the CRTC’s decision in the Federal Court of Appeal on Aug. 23.

Rogers had assured both the government and Quebecor the rate the CRTC set in arbitration “would be binding and final. It would set the rate once and for all.”

“Now that the transaction has taken place and the necessary approvals have been obtained, Rogers is patently acting in bad faith by refusing to accept the decision,”

Rogers in court seeking higher rates for Quebecor months after Shaw takeover promised lower costshttps://nationalpost.com/news/politics/rogers-seeking-higher-rates-for-quebecorOpen linkView original on lemmy.ca
canadianinvestor·CanadianInvestorbyMxWarp

Apple has reportedly started the production of its next-generation iPhone 15 in Tamil Nadu, India, reports Bloomberg.

The Foxconn factory located in Sriperumbudur is gearing up to roll out the latest iPhone 15 models.

iPhone 15 production in India depends on the stock of imported components and the ramp-up of production lines at the Foxconn plant near Chennai.

Other Apple suppliers in India, such as Pegatron and a Wistron facility soon to be acquired by the Tata Group, are also expected to join the iPhone 15 production machine.

Apple has reportedly started the production of its next-generation iPhone 15 in Tamil Nadu, India, reports Bloomberg.https://www.iphoneincanada.ca/2023/08/16/iphone-15-production-india-report/Open linkView original on lemmy.ca
technology·TechnologybyMxWarp

Apple has reportedly started the production of its next-generation iPhone 15 in Tamil Nadu, India, reports Bloomberg.

The Foxconn factory located in Sriperumbudur is gearing up to roll out the latest iPhone 15 models.

iPhone 15 production in India depends on the stock of imported components and the ramp-up of production lines at the Foxconn plant near Chennai.

Other Apple suppliers in India, such as Pegatron and a Wistron facility soon to be acquired by the Tata Group, are also expected to join the iPhone 15 production machine.

https://www.iphoneincanada.ca/2023/08/16/iphone-15-production-india-report/Open linkView original on lemmy.ca
apple·ApplebyMxWarp

Apple has reportedly started the production of its next-generation iPhone 15 in Tamil Nadu, India, reports Bloomberg.

The Foxconn factory located in Sriperumbudur is gearing up to roll out the latest iPhone 15 models.

iPhone 15 production in India depends on the stock of imported components and the ramp-up of production lines at the Foxconn plant near Chennai.

Other Apple suppliers in India, such as Pegatron and a Wistron facility soon to be acquired by the Tata Group, are also expected to join the iPhone 15 production machine.

https://www.iphoneincanada.ca/2023/08/16/iphone-15-production-india-report/Open linkView original on lemmy.ca
iphone·iPhonebyMxWarp

Apple has reportedly started the production of its next-generation iPhone 15 in Tamil Nadu, India, reports Bloomberg.

The Foxconn factory located in Sriperumbudur is gearing up to roll out the latest iPhone 15 models.

iPhone 15 production in India depends on the stock of imported components and the ramp-up of production lines at the Foxconn plant near Chennai.

Other Apple suppliers in India, such as Pegatron and a Wistron facility soon to be acquired by the Tata Group, are also expected to join the iPhone 15 production machine.

Apple has reportedly started the production of its next-generation iPhone 15 in Tamil Nadu, India, reports Bloomberg.https://www.iphoneincanada.ca/2023/08/16/iphone-15-production-india-report/Open linkView original on lemmy.ca
canadianinvestor·CanadianInvestorbyMxWarp

5% HISA... for the Long-run? (Podcast)

In this episode, we tackle the timely topic of higher interest rates and their potential impact on investors' decisions. With rates soaring to unprecedented levels, many are tempted to veer off their investment paths in pursuit of short-term gains. But is this a rational choice? We break it down and offer invaluable insights into why staying the course might be the wiser option.

https://rationalreminder.ca/podcast-directory

View original on lemmy.ca
personalfinancecanada·Personal Finance CanadabyMxWarp

5% HISA... for the Long-run?

In this episode, we tackle the timely topic of higher interest rates and their potential impact on investors' decisions. With rates soaring to unprecedented levels, many are tempted to veer off their investment paths in pursuit of short-term gains. But is this a rational choice? We break it down and offer invaluable insights into why staying the course might be the wiser option.

https://rationalreminder.ca/podcast-directory

View original on lemmy.ca