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ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure Apr 16th
The same ChatGPT chatbot that gave OpenAI’s chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her most mundane tasks at work like summarizing her emails and Slack messages..... More »
Opinion: TD Bank, which spent years playing down its money-laundering woes, still needs to come clean with investors - The Globe and Mail Oct 12th
Opinion: TD Bank, which spent years playing down its money-laundering woes, still needs to come clean with investors The Globe and MailTD Bank has to change its business strategy to cope with regulatory straitjacket The Globe and MailTD Bank to pay $3 billion in historic money-.... More »
The best low-interest credit cards in Canada for 2024 + MORE May 29th
Credit card interest rates aren’t all the same. If you carry a balance on your credit card, or if you expect to take on debt that will take some time to pay off, you might want to consider applying for a low-interest credit card.
The savings could be substantial: while most regular credit card.... More »
Ontario lifts tuition freeze, unveils OSAP reforms as it boosts university and college funding. Here's what it will mean for schools and students Feb 12th
Ontario is overhauling OSAP, so that financial aid will be mainly loans with far fewer non-repayable grants..... More »
Timing CPP and OAS with workplace pensions + MORE Mar 28th
Q: My husband is retired military and will turn 60 this year. He’s been told by his military buddies that he should apply soon for his CPP as then he can receive it and the bridge for the next five years. I thought he should be delaying on taking his CPP but perhaps it’s the OAS he should dela.... More »
Average Canadian house price falls in July
– macleans.ca
A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme RoyOTTAWA – The Canadian Real Estate Association says the national average price for homes sold in July fell compared with a year ago, the first year-over-year drop since February 2013.
The association says the average price for a home sold last month was $478,696, down 0.3 per cent from July 2016, due to fewer sales in Toronto and Vancouver compared with last year.
Excluding Greater Vancouver and Greater Toronto, the national average price was $381,297, up from $365,033 a year ago.
The drop in the national average price came as the number of homes sold through Canadian MLS systems fell for the fourth consecutive month, moving down 2.1 per cent in July compared with June.
CREA says July sales were down from June in close to two-thirds of all markets, led by the Greater Toronto Area, Calgary, Halifax-Dartmouth and Ottawa.
The move leaves sales down 15.3 per cent from the record set in March…
Junk bonds are the big winner decade after financial crisis
– theglobeandmail.com
Healthy returns in major global assets – including those that helped spark the financial crisis – are among the ‘great ironies’ of the past decade
Pengrowth shares sink nearly 4 per cent on news of debt-easing measures
– theglobeandmail.com
Company will pay a 2-per-cent higher interest rate and give debtholders security over its assets in exchange for relaxed debt obligations
The antidote for pedestrian market returns, the truth about Amazon, and why the TSX is set to outperform
– theglobeandmail.com
A roundup of investment ideas for active investors
SaskPower wants five per cent rate increase to keep up with demand, aging system
– canadianbusiness.com
Residential power users in Saskatchewan could be paying about $6 more a month for electricity next year.
SaskPower has asked for a five per cent rate increase that would take effect March 1.
The provincially owned power company says the increase is needed to keep up with growing electricity demand, environmental commitments and investment in an aging electrical system.
SaskPower CEO Mike Marsh says the company has invested more than $6 billion in capital projects and power purchase agreements over the last five years.
The request for a rate increase still needs to be approved by the Saskatchewan rate review panel.
The panel advises the government about the reasonableness of a rate change.
The post SaskPower wants five per cent rate increase to keep up with demand, aging system appeared first on Canadian Business – Your Source For Business News.
SaskPower has asked for a five per cent rate increase that would take effect March 1.
The provincially owned power company says the increase is needed to keep up with growing electricity demand, environmental commitments and investment in an aging electrical system.
SaskPower CEO Mike Marsh says the company has invested more than $6 billion in capital projects and power purchase agreements over the last five years.
The request for a rate increase still needs to be approved by the Saskatchewan rate review panel.
The panel advises the government about the reasonableness of a rate change.
The post SaskPower wants five per cent rate increase to keep up with demand, aging system appeared first on Canadian Business – Your Source For Business News.
