KeatsConnelly Cross-Border Weekly Best of the Web 2014-8-29

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

This week we begin with the seemingly biggest Canada-US cross border news in quite some time…the acquisition of Tim Hortons by Burger King. We then follow up with a view on the evolving definition of retirement, and finish with a view on helping elderly parents.

A Whopper of a deal for Canada (http://www.financialpost.com/) – Canada would be a winner, along with Tim Hortons and Burger King shareholders, due to a boost in corporate revenue that would be taxed in Canadian government hands. The proposed corporate inversion by Burger King that involves moving its headquarters to Canada while taking over Tim Hortons has created a maelstrom in Washington. Unlike U.S. Valeant’s takeover of Canada’s Biovail in 2010 with similar tax benefits, Burger King is a household name, putting the spotlight on Canada as a place to do business…

“Encore jobs” a new trend in retirement (http://www.thestar.com/) – When Patricia Visser decided to retire after 30 years in publishing and promotions, she had no idea she would be asked for an encore. The then 60-year-old Toronto mother of five didn’t plan to re-enter the workforce, having saved wisely, sharing household expenses with her youngest daughter and feeling that she was naturally approaching the end of her working life.

When your aging parents need a daily money manager (http://www.theglobeandmail.com/) – Martha Nurenberg knew her 86-year-old father, Paul, had a problem when he was almost taken in by a letter promising untold riches if he provided a bank account number and payment of legal fees for a money transfer. Though Paul never sent any money, he did answer the letter with interest. As dementia set in, Paul could no longer remember the password to his computer where he kept his financial records. Then Nurenberg received a call from the director of her dad’s senior living facility, who said Paul had not paid his last two bills…

Come back next week for more interesting news and articles. Enjoy your weekend!

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