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30 days - 1.75% + MORE Jul 11th
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 »
First Chinese “bad bank” goes public in hot IPO as investors bet on slowdown in No. 2 economy + MORE Dec 12th
HONG KONG – A Chinese bad-debt management company’s shares soared in their Hong Kong debut Thursday, highlighting strong investor appetite for a business that will flourish if the world’s No. 2 economy stumbles.
China Cinda Asset Management’s shares jumped 27 per cent to 4.56.... More »
CIBC to rebrand The PrivateBank as CIBC Bank USA at dozens of locations + MORE Sep 18th
The Canadian Imperial Bank of Commerce is extending its brand across the U.S. by renaming dozens of recently-purchased locations south of the border as CIBC Bank USA.
The Canadian lender closed its acquisition of Chicago-based PrivateBancorp in June.
Today, the bank announced it is replacing the U.S.... More »
Biotech stocks: are they worth a shot? May 25th
There’s a hot new investment on the market that wouldn’t have been on many people’s radars only a few weeks ago: COVD-19 vaccine-makers. Since March 16, when quarantine began in earnest, Moderna, a Cambridge company that’s making a novel coronavirus vaccine, has climbed by 244%. Novavax, a R.... More »
European Central Bank review shows hole in Greek banks’ finances smaller than first feared Oct 31st
FRANKFURT – The European Central Bank says Greece’s battered banks need 14.4 billion euros ($15.8 billion) in fresh money to get back on their feet and resume normal business.
The figure announced Saturday is the result of an ECB review of Greece’s four main banks following an agre.... More »
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.
In a blistering warning to congressional Republicans, President Barack Obama said Monday it would be the “height of irresponsibility” for lawmakers to cause a new economic crisis just five years after the near-collapse of the nation’s financial system.
OTTAWA – The Canadian Real Estate Association has raised its outlook for homes sales…
It’s Becoming a Habit: Poloz to Vie with Bernanke for Attention
– blogs.wsj.com
Stephen Poloz will deliver his second major speech as head of Canada’s central bank this week, and again he’ll face some stiff competition in attracting attention from financial markets.
VP Biden calls for spending on infrastructure, warns US is falling behind its competitors
– canadianbusiness.com
CHARLESTON, S.C. – Vice-President Joe Biden implored Americans on Monday to find the resources to invest in its ports, warning the U.S. will fall behind its competitors unless it spends now to bolster its infrastructure.
Addressing a crowd of about 300 on a wind-swept dock in Charleston, S.C., Biden said the U.S. is behind the rest of the world. He cast infrastructure projects as key to a broader strategy of growing the middle class, calling them a big win not just for local communities, but the entire nation.
“Every time we invest in infrastructure as Democrats or as Republicans — every time we have done it — the economy grows and it grows good, decent-paying jobs,” Biden said.
The Charleston swing by Biden and Transportation Secretary Anthony Foxx was the latest stop in an ongoing effort by the vice-president to shine a light on the nation’s ailing roads, bridges and ports in hopes of encouraging more investment despite opposition by many Republicans to more government spending…
Addressing a crowd of about 300 on a wind-swept dock in Charleston, S.C., Biden said the U.S. is behind the rest of the world. He cast infrastructure projects as key to a broader strategy of growing the middle class, calling them a big win not just for local communities, but the entire nation.
“Every time we invest in infrastructure as Democrats or as Republicans — every time we have done it — the economy grows and it grows good, decent-paying jobs,” Biden said.
The Charleston swing by Biden and Transportation Secretary Anthony Foxx was the latest stop in an ongoing effort by the vice-president to shine a light on the nation’s ailing roads, bridges and ports in hopes of encouraging more investment despite opposition by many Republicans to more government spending…
