Wednesday, January 4, 2012

RRSP season is upon us

RRSP's are continuing to stay a viable option despite economic troubles.  Local Investment Expert Blake Cameron of Scotia McLeod says RRSP's are a safe bet for your money.  The deadline to make RRSP contributions is February 29th.

Economic outlook for 2012 looks unstable

There is a lot of uncertainty when you look at the economy for this year in Northwestern Ontario.  That's the opinion of Lakehead University Economics Professor Livio Di Matteo.  He says there are a lot of variables that could affect our economy, such as the government, commodity prices, and the forestry sector.

OPP looking into Terrace Bay Death

OPP are investigating a sudden death in Terrace Bay.  Not much is known at this time but officials say a 65 year old woman was found inside a house that was the scene of a fire this morning.  The woman has been identified as Ann-Lois Mercure.

Resolute Forest Products

Quebec pulp producer Fibrek is urging its shareholders to reject a hostile takeover bid from Resolute Forest Products. Resolute is offering 130-million dollars for the company that has pulp mills in Quebec, West Virginia and Michigan. In a letter to shareholders, Fibrek says the bid deprives them of the opportunity to participate in the upside of the pulp business and other earnings streams.

Alzheimer Society survey on dementia

There's a delay in Canadians seeking diagnosis for dementia according to a new Alzheimer Society survey.  It finds that people are delaying diagnosis because they believe their symptoms are part of old age.  January is Alzheimer Awareness month.