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The best GIC rates in Canada for 2024 + MORE Nov 4th
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Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Housing market to slow in 2018 but prices to rise + MORE Dec 13th
TORONTO — New stricter mortgage rules are expected to slow the housing market next year, but prices are still expected to rise about five per cent, according to a report by Royal LePage.
In its market survey forecast, the real estate firm says its house price composite, which measures prices in 53.... More »
Toronto stock index climbs on banks, industrials + MORE May 23rd
Canada's main stock index chalked up a moderate gain today as financial stocks got a boost ahead of Canadian bank earnings this week..... More »
Labour data ‘impressive’ as Canada adds jobs for 10th straight month + MORE Oct 6th
OTTAWA _ The labour market posted a 10th-straight month of net job gains in September to match the economy’s longest monthly streak since the financial crisis almost a decade ago, Statistics Canada said Friday.
The national unemployment rate stayed at a nine-year low of 6.2 per cent after Cana.... More »
5.5 year - 2.70% + MORE Sep 10th
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..... More »
Secrets, lies and finances
– canoe.ca
Are you a penny pincher or a shopaholic, a risk taker or security seeker? Each of us has a financial personality and when building a relationship, it’s important to learn more about one another’s financial philosophies — and any financial baggage.
Money Talks Book Review
– myownadvisor.ca
Thanks to a friend, the talented editor of the book in fact, I was handed a copy of Money Talks – Lessons from Canada’s Wealthiest by author Sam Sivarajan. Sam has extensive experience in the investment banking industry and has worked with a number of wealthy Canadians and clients in the UK and Asia. Money Talks takes readers through a fictional series of coffee talks amongst friends, discussing a host of personal finance and investing lessons learned from Sam’s real-world experience in working with high net worth clients. The coffee talks are organized into the following book chapters:
Chapter 1 – The Ground Rules of Wealth Creation
Chapter 2 – Risk and Return: The Yin and Yang of Investing
Chapter 3 – Planning: The Foundation of Successful Wealth Creation
Chapter 4 – Portfolio Construction: Building Your Optimal Portfolio
Chapter 5 – The Value of Advice
Chapter 6 – Death and Taxes
Chapter 7 – The Acid Test: Pulling It All Together
The information in Money Talks is not new, I suppose like most personal finance books, but it is written in a clever way that engages the reader to reflect upon their current set of saving and investing money rules and question them…
Billionaire investors George Soros, Carl Icahn both have been gobbling up Apple stock
– canadianbusiness.com
SAN FRANCISCO – Carl Icahn isn’t the only billionaire investor with an appetite for Apple’s stock.
Financier George Soros more than doubled his stake in the iPhone and iPad maker in recent months, according to regulatory documents filed Wednesday.
Soros’ fund held 66,800 shares of Apple Inc. stock at the end of June, up from 26,800 shares in March.
Apple’s stock finished Wednesday at $498.50, its highest closing price since Jan. 23. At that price, Soros’ holdings are currently worth about $33 million.
Apple’s shares remain nearly 30 per cent below their peak of $705.07 reached nearly 11 months ago. Despite that drop, Apple remains the world’s most valuable company with a market value of more than $450 billion.
Soros’ disclosure about his increased interest in Apple came a day after Icahn took to his Twitter account to announce he has built a large stake in the Cupertino, Calif., company, too.
Icahn hasn’t yet specified how much Apple stock he owns, but he has already urged Apple CEO Tim Cook to increase the amount of money that the company is spending to buy back its stock…
Financier George Soros more than doubled his stake in the iPhone and iPad maker in recent months, according to regulatory documents filed Wednesday.
Soros’ fund held 66,800 shares of Apple Inc. stock at the end of June, up from 26,800 shares in March.
Apple’s stock finished Wednesday at $498.50, its highest closing price since Jan. 23. At that price, Soros’ holdings are currently worth about $33 million.
Apple’s shares remain nearly 30 per cent below their peak of $705.07 reached nearly 11 months ago. Despite that drop, Apple remains the world’s most valuable company with a market value of more than $450 billion.
Soros’ disclosure about his increased interest in Apple came a day after Icahn took to his Twitter account to announce he has built a large stake in the Cupertino, Calif., company, too.
Icahn hasn’t yet specified how much Apple stock he owns, but he has already urged Apple CEO Tim Cook to increase the amount of money that the company is spending to buy back its stock…
U.S. authorities are on the hunt for a Canadian man described as the mastermind behind one of the largest international penny stock frauds in history.Education Department making changes to PLUS loan program that may help thousands of families
– canadianbusiness.com
WASHINGTON – The Obama administration is making changes to the PLUS loan program that may help thousands of families qualify for the college financial aid.
In a letter obtained by the Associated Press, the Education Department says it has expanded support for families that have recent but small-scale debt. They may now become eligible for PLUS loans through appeals.
Black lawmakers had pressured the administration about the PLUS loans, saying large numbers of previously eligible applicants have been denied aid under tighter credit rules. Parents and graduate students who use PLUS loans have no borrowing limit, but they face interest rates higher than on most federal student loans.
The changes are outlined in a letter to the chairwoman of the Congressional Black Caucus, Democratic congresswoman Marcia Fudge of Ohio.
The post Education Department making changes to PLUS loan program that may help thousands of families appeared first on Canadian Business.
In a letter obtained by the Associated Press, the Education Department says it has expanded support for families that have recent but small-scale debt. They may now become eligible for PLUS loans through appeals.
Black lawmakers had pressured the administration about the PLUS loans, saying large numbers of previously eligible applicants have been denied aid under tighter credit rules. Parents and graduate students who use PLUS loans have no borrowing limit, but they face interest rates higher than on most federal student loans.
The changes are outlined in a letter to the chairwoman of the Congressional Black Caucus, Democratic congresswoman Marcia Fudge of Ohio.
The post Education Department making changes to PLUS loan program that may help thousands of families appeared first on Canadian Business.
