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New active U.S. ETFs for Canadian investors—are these funds worth your money? May 1st
Despite U.S. President Donald Trump’s trade wars and tariffs on key partners, including Canada, the U.S. asset management industry continues to view Canadian investors as an attractive market for actively managed exchange-traded funds (ETFs).
In October 2024, Capital Group, best known for manag.... More »
90 days - 1.75% + MORE Jun 13th
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »
Top 10 most expensive homes in Metro Vancouver (PHOTOS) - Daily Hive + MORE Jan 2nd
Top 10 most expensive homes in Metro Vancouver (PHOTOS) Daily HiveIt should be no surprise that Metro Vancouver's most valuable residential real estate is located in the Westside area of the city of Vancouver, but here is a ...View full coverage on Google News.... More »
Reducing risk in an RESP: How to invest as your kid approaches college or university + MORE Feb 12th
If you’ve opened a registered education savings plan (RESP) for your child or grandchild, congratulations. You’ve taken the first step towards financing their future college, university or trade school education. And now your family can start benefiting from generous government grants worth thou.... More »
European leaders debate timing of UK's exit; Britons sign petition for new EU vote - The Globe and Mail (subscription) + MORE Jun 26th
The Globe and Mail (subscription)European leaders debate timing of UK's exit; Britons sign petition for new EU voteThe Globe and Mail (subscription)German Chancellor Angela Merkel sought on Saturday to temper pressure from Paris, Brussels and her own government to force Britain into negotiating.... More »
London police: Audacious attempt at cyber heist could have drained millions from Spanish bank
– canadianbusiness.com
LONDON – A daring attempt to graft a rogue piece of hardware onto a computer at a London branch of Spanish bank Santander could have drained millions of pounds (dollars) from its coffers, police said Friday, an indication of the potential for electronic crime to tear huge chunks off financial institutions’ balance sheets.
London’s Metropolitan Police and Santander said in a joint statement that 12 suspects were arrested Thursday following an attempt by a bogus maintenance engineer to install a keyboard-video-mouse — a device typically used to control several computers at once — onto one of the bank’s computers at a branch located in a south London shopping centre.
Few other technical details were released, but the statement said that the hardware would have allowed the transmission of the entire computer’s desktop and “allowed the suspects to take control of the bank’s computer remotely.”
“This was a sophisticated plot that could have led to the loss of a very large amount of money from the bank,” Detective Inspector Mark Raymond said in the statement…
London’s Metropolitan Police and Santander said in a joint statement that 12 suspects were arrested Thursday following an attempt by a bogus maintenance engineer to install a keyboard-video-mouse — a device typically used to control several computers at once — onto one of the bank’s computers at a branch located in a south London shopping centre.
Few other technical details were released, but the statement said that the hardware would have allowed the transmission of the entire computer’s desktop and “allowed the suspects to take control of the bank’s computer remotely.”
“This was a sophisticated plot that could have led to the loss of a very large amount of money from the bank,” Detective Inspector Mark Raymond said in the statement…
Just how much do Canadians owe?
– moneysense.ca
After dipping for two straight quarters, the national household debt to income ratio jumped to a record 163.4%, Statistics Canada said Friday. That means, for every $1 we’re earning, we owe more than $1.63. Not exactly financial independence. So where’s all this debt coming from? Our homes, mostly. Cumulatively, we owe $1.1 trillion in mortgage payments and $500 billion to various lenders, largely banks and credit card companies. It’s this consumer debt that’s really taking off that’s worrisome. Growth credit market debt accelerated from 0.5% to 1.6% during the quarter, StatsCan said. You can be sure much of that is not adding to household net worth (now standing at $205,900 per capita). Visit the Debt section of our newly redesigned website for tips on how to get back on track.
The post Just how much do Canadians owe? appeared first on MoneySense.
The post Just how much do Canadians owe? appeared first on MoneySense.
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.
Why Royal Mail’s IPO looks better than Twitter’s
– theglobeandmail.com
A proven business model that stands to further profit from e-commerce revolution is by far a safer bet
Analyst downgrades Potash Corp. to sell, calls stock rebound 'unwarranted'
– theglobeandmail.com
And other analyst actions of the day
