5.5 year – 2.70% + MORE Aug 2nd

How to go about securing the best return for your investment in Canada.
Latest News

Southern Alberta aboriginal high school to get youth business program + MORE Jan 21st

STANDOFF, Alta. – An aboriginal youth business program is coming to the Blood reserve in southern Alberta. The program at Kainai (kye-nye) High School will be open to students in Grades 11 and 12 and aims to provide business knowledge and financial literacy skills. There will also be hands-on .... More »
 rrsp

AIG sells its stake in United Guaranty + MORE Aug 16th

NEW YORK, N.Y. – AIG on Monday said it is selling its stake in United Guaranty to Arch Capital Group in a cash-and-stock deal worth $3.4 billion. The move is part of New York-based American International Group Inc.’s ongoing effort to streamline its organization. United Guaranty Corp. is.... More »

Vatican embezzlement trial: Cardinal Angelo Becciu among 10 charged - BBC News Jul 3rd

Vatican embezzlement trial: Cardinal Angelo Becciu among 10 charged  BBC NewsVatican indicts 10 people in London real estate deal  CTV NewsVatican judge indicts 10, including a cardinal, for alleged financial crimes  Toronto SunVatican indicts 10 people, including a onc.... More »

Harper to push for Keystone approval as leaders gather for trilateral talks in Mexico - The Globe and Mail + MORE Feb 18th

Toronto StarHarper to push for Keystone approval as leaders gather for trilateral talks in MexicoThe Globe and MailMexico is pushing for a continental approach to energy, with a top official saying all three countries should use their resource wealth to boost the strength of the North American econo.... More »
 earnings

Canadian bank earnings forecast bright but housing, NAFTA cloud outlook + MORE Feb 20th

The forecast for Canada's biggest banks is bright thanks to U.S. tax reform and higher interest rates, but as they report first-quarter results this week, domestic mortgage demand and the North American Free Trade Agreement could cloud the long-term outlook, analysts say..... More »
There are a lot of people who do not enjoy managing their own money. A recent interview with Sallie Krawcheck (business owner, named to Forbes list of world’s most powerful women, former financial industry leader) was pretty blunt about the fact that she “hates” financial planning. I cannot count the number of times I have had people tell me that they hate their money!  Personal money management for most of us is—quite frankly—uninteresting. It’s also threatening. It requires us to look at possible short falls in our finances, a need to modify our lifestyles and to acknowledge death. Even with an extraordinary career in the financial industry, Krawcheck’s admits to the difficulty of discussing the “death” details about finances:
“…I would never have that awkward conversation with my spouse about what happens when one of us dies. I would live to 457 years old before that would happen.”
A recent posting in Everything Zoomer by Gordon Pape got me thinking again about annuities…

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Weekend Readings

– IntelligentSpeculator.net

G
General Readings
-Did Goldman Sachs overstep? @ VanityFair
-Toyota gives cars to NYC charity in lieu of money @ NYT
Dividend & Passive Income Readings
-Why you should track your personal rate of return @ TheDividendGuyBlog
Tech Stock Readings
-Apple’s best acquisition @ Asymco
-The state of Android @ TheVerge
The post Weekend Readings appeared first on Intelligent Speculator.

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5.5 year – 2.70%

– ratesupermarket.ca

This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.

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4.5 year – 2.45%

– ratesupermarket.ca

This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.

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Insurance woes

– moneysense.ca

At least one insurance company is raising rates in the wake of severe summer weather in Canada. TD Meloche Monnex will lower the basic coverage for the sewer backup coverage from $50,000 to $15,000 while the premium will rise from $129 to $138, according to reports. The changes affect renewals only and come after devastating floods in Calgary and surrounding area in June and July as well as a flash flood that caught Toronto offgaurd soon after flooding basements and cutting power to thousands of homes.
Looking for a real estate bargain in Toronto and surrounding area? Check out this heat map of Toronto housing prices. The cool blue areas are where houses and condos are selling cheapest.
We talk a lot about, err, money here at MoneySense. Rarely however do we talk about cash and how best to carry it. Gone are the days of chunky wallets. Here are 10 super slim wallets for the stylish man.

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