All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Monetary Chaos in Caracas + MORE Aug 20th
Maduro’s decrees and devaluation produce a financial meltdown..... More »
5.5 year - 2.60% + MORE Aug 7th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online..... More »
Brexit white paper seeks free movement for skilled workers and students - The Guardian + MORE Jul 12th
The GuardianBrexit white paper seeks free movement for skilled workers and studentsThe GuardianBusinesses should be able to move “their talented people” from the UK to the European Union – and vice versa – after Brexit, according to the government's strategy white paper, which was publi.... More »
Canada Is a Net Creditor on the Global Stage + MORE Mar 13th
For the first time since 1990, Canada’s holdings in global assets exceeded its liabilities at the end of last year.... More »
China’s growth eases to 7.7 per cent in final quarter of 2013; full-year growth 7.7 per cent + MORE Jan 20th
BEIJING, China – China’s economic growth decelerated in the final quarter of 2013 and appears set to slow further, adding to pressure on its leaders to shore up an expansion as they try to implement sweeping reforms.
The world’s second-largest economy grew by 7.7 per cent over a ye.... More »
Canada’s Big Five Banks Didn’t Disappoint, Reporting Strong Earnings across the Board
– blogs.wsj.com
Canada’s major banks posted strong third-quarter results, topping analysts’ expectations despite worries that heavily mortgaged Canadians and rising house prices would hurt their domestic lending businesses.
Money fund assets rise $6.46 billion to $2.644 trillion in most recent week
– canadianbusiness.com
NEW YORK, N.Y. – Total U.S. money market mutual fund assets rose $6.46 billion to $2.644 trillion for the week that ended Wednesday, according to the Investment Company Institute.
Assets in the nation’s retail money market mutual funds rose $1.37 billion to $932.31 billion, the Washington-based mutual fund trade group said Thursday. Assets of taxable money market funds in the retail category increased $2.77 billion to $737.70 billion. Tax-exempt retail fund assets fell $1.41 billion to $194.61 billion.
Assets in institutional money market funds rose $5.09 billion to $1.712 trillion. Among institutional funds, taxable money market fund assets increased $5.76 billion to $1.639 trillion. Assets of tax-exempt funds fell $670 million to $72.13 billion.
The 7-day average yield on money market mutual funds was unchanged at 0.01 per cent from the previous week, according to Money Fund Report, a service of iMoneyNet Inc. in Westborough, Mass. The 7-day compounded yield was flat at 0…
Assets in the nation’s retail money market mutual funds rose $1.37 billion to $932.31 billion, the Washington-based mutual fund trade group said Thursday. Assets of taxable money market funds in the retail category increased $2.77 billion to $737.70 billion. Tax-exempt retail fund assets fell $1.41 billion to $194.61 billion.
Assets in institutional money market funds rose $5.09 billion to $1.712 trillion. Among institutional funds, taxable money market fund assets increased $5.76 billion to $1.639 trillion. Assets of tax-exempt funds fell $670 million to $72.13 billion.
The 7-day average yield on money market mutual funds was unchanged at 0.01 per cent from the previous week, according to Money Fund Report, a service of iMoneyNet Inc. in Westborough, Mass. The 7-day compounded yield was flat at 0…
TORONTO – Royal Bank of Canada (TSX:RY) added its name to the list of…
US economic growth revised up to 2.5 per cent in spring, more than double first-quarter rate
– canadianbusiness.com
WASHINGTON – A stronger-than-expected rise in U.S. economic growth last quarter will likely strengthen the hand of Federal Reserve officials who want to slow the Fed’s bond purchases next month.
The economy grew at a 2.5 per cent annual rate from April through June, the government estimated Thursday. That was more than twice the growth rate in the first quarter and far above an initial estimate of a 1.7 per cent rate for April through June.
The Fed is weighing key measures of the economy’s health before it meets Sept. 17-18 to decide whether to scale back its $85 billion in monthly bond purchases. The Fed’s bond buying has helped keep long-term borrowing rates near record lows. A stronger economy would need less support from the Fed.
Global financial markets have been under pressure over speculation that the Fed will slow its purchases and send interest rates in the United States higher. U.S. rates have already been rising in anticipation of a pullback in Fed bond buying…
The economy grew at a 2.5 per cent annual rate from April through June, the government estimated Thursday. That was more than twice the growth rate in the first quarter and far above an initial estimate of a 1.7 per cent rate for April through June.
The Fed is weighing key measures of the economy’s health before it meets Sept. 17-18 to decide whether to scale back its $85 billion in monthly bond purchases. The Fed’s bond buying has helped keep long-term borrowing rates near record lows. A stronger economy would need less support from the Fed.
Global financial markets have been under pressure over speculation that the Fed will slow its purchases and send interest rates in the United States higher. U.S. rates have already been rising in anticipation of a pullback in Fed bond buying…
Royal Bank of Canada added its name to the list of big Canadian banks reporting improved earnings in the third quarter, but Toronto-Dominion Bank said its profits dropped because of losses in its insurance unit.
