Canadian Tire to launch trial run of home delivery this year, CEO says + MORE May 11th

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Compare the Best GIC Rates in Canada Jan 27th

How to use this tool: You can simply scan the table below to view GIC interest rates offered by financial institutions across Canada. Click on one of the tabs at the top of the table to focus on your choice of Non-Registered, Registered, TFSA-eligible or U.S.-dollar GICs. Or, follow the prompts in t.... More »

Braid: Early lottery confusion as government races to halt vaccination drop - Calgary Herald Jun 14th

Braid: Early lottery confusion as government races to halt vaccination drop  Calgary HeraldHere's how Alberta's COVID-19 vaccine lottery will work  CTV EdmontonLottery for vaccinated Albertans is an investment in health, says Premier Jason Kenney  CBC.caCOVID:19-Kenney .... More »
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U.S. investment banks’ trading slump could head north to Canada + MORE Jul 18th

Wall Street performance strengthens analysts’ expectations that Canadian firms will report lower results at end of current quarter .... More »

The best GIC rates in Canada for 2024 + MORE May 28th

Investing The best GIC rates in Canada for 2024 Find the best GIC rates in Canada. Plus, everything you need to know about how they work. Find the best rate Tap "Return to top" to come back here. .... More »

Why you don’t invest your money? Jan 26th

Do you need to be an investor to be happy? No. Can you get rich without ever buying a single stock? Sure. Then why bother? Yeah, I thought the same. But no matter how happy you are or how much money you make, there’s something that has been feeding off of your finances behind your back. It has .... More »
Bento Sushi is seeking about $100-million, but no final decision has been made on size of IPO

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Canadian Tire will launch a trial run with home delivery at the end of this year, its CEO said Thursday in what is likely a response to the rising threat posed from competitors such as Walmart and Amazon.
The move marks a reversal for the national retailer, which for years had expressed no interest in home delivery, saying there was no need to offer it when 90 per cent of the country’s population lives within 15 minutes of one of its stores.
“It’s a big move,” Canadian Tire CEO Stephen Wetmore said in an interview Thursday following the company’s annual general meeting and latest earnings release.
Details are scant. Wetmore said the company needs to pick a market, decide on how many of its nearly 500 stores will participate and which products will be eligible for home delivery.
The trial run will be assessed to determine whether home delivery should be rolled out across the country.
“It’s really complex with CTR (Canadian Tire retail),” he said…

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Company’s share price fell below the $13 IPO price after opening at $15

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Even during the financial crisis, when bank stocks fell nearly 60 per cent by early 2009, they had recovered to new highs by 2011

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Amarjeet Sohi defends the Liberals’ infrastructure bankInfrastructure and Communities Minister Amarjeet Sohi takes part in an interview at his office in Ottawa on Thursday, June 23, 2016. (Sean Kilpatrick/CP)
On Thursday, the House of Commons is debating the Trudeau government’s controversial proposal for an Infrastructure Bank to attract private investment for large new infrastructure projects. The NDP wants the provisions for the bank split out of the main budget bill so Parliament can study the bank separately. On Wednesday, Amarjeet Sohi, the minister of infrastructure and communities, discussed the bill with Maclean’s senior writer Paul Wells. Below are excerpts from the interview.
Q: There’ve been a lot of questions in the House of Commons over the last several days about this Infrastructure Bank, which I think a lot of Canadians don’t understand very well. Could you give me the elevator pitch for the Infrastructure Bank? What are we trying to do here?
A: The overarching goal of our Infrastructure Bank is to build new infrastructure and properly maintain the existing infrastructure…

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