M ark Carney is counting on Canada’s private sector to carry the economic rebound when the government turns off the stimulus taps next year, but it’s not clear if business is ready to take the reins. The private sector “should become the sole driver” of growth some time next year, the Bank of Canada Governor said Tuesday, after keeping its benchmark lending rate at a record low 0.25 per cent. Mr.

K raft Foods Inc., KFT-N as American as mac-and-cheese, won a prized entry into some of the world’s fastest growing markets with the hard-won deal for British candy icon Cadbury PLC. CBY-N The U.S.-based food giant, whose brands include Nabisco, Maxwell House and Oreo, boosted its previously hostile bid for Cadbury and won support Tuesday for a takeover valued at �11.9-billion ($19.5-billion U.S.). For Kraft, whose brands are big in North America and Europe, the prize is a 186-year-old company whose sales in emerging markets such as India account for 38 per cent of its revenues

The foreclosure process can be stopped if you really want to save your home or your credit. There are a few things you can do which include getting caught up on your payments, sell your home, or a deed in lieu. These are options for any homeowner in danger of foreclosure.

O utperforming your average bond fund on a risk-adjusted basis is not a particularly difficult task for the savvy retail investor. Investing in bond funds is a flawed exercise–particularly in a low interest rate environment. High management fees on bond funds offset much of their active management and diversification benefits.

E ight chief executive officers filed into a 68th-floor boardroom in Bank of Montreal’s Toronto tower Tuesday to swap ideas with the National Chief of the Assembly of First Nations, a sign of what leaders on Bay Street and in Canada’s aboriginal communities say is a burgeoning relationship between the two groups. The meeting, convened by BMO’s head of wealth management, Gilles Ouellette, attracted a cross-section of corporate leaders, including the heads of two mining companies, the Ontario Power Authority, and a vice-president of IBM.

In planning for retirement, we should look at both expenses and income. With expenses, we should aim for paying off all of our debt – both the good loans and the bad loans.