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Latest News
Should you leave corporate savings in your company? + MORE Mar 1st
I have $1 million accumulated in my corporate account. I don’t need that money for my corporation. What is the best way to take that money out with minimal tax? I’m 39 and I’m not planning to retire soon.—Chris
Withdrawing money from a corporation to invest
One of the first things to i.... More »
The number of Canadian millionaires will jump by more than half in the next five years: Credit Suisse Oct 21st
The number of millionaires in Canada will jump by more than half in the next five years, a faster growth rate than other developed countries like the U.S., according to a new wealth report from banking giant Credit Suisse..... More »
How do mortgage brokers get paid? Feb 17th
Q. Is it typical to pay a mortgage broker fee in advance, and before closing?
My broker is saying that I have to pay cash one week before closing, and that he will pay other persons who are involved. I am confused as to why brokers payment in advance and in cash.
–Adil
A. A mortgage broker can obt.... More »
Making sense of the markets this week: October 6, 2024 + MORE Oct 4th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Nike and Carnival’s Shareholders Cruise to Profitable Destination
According to this week’s earnings, we would rather.... More »
Claude Mongeau to step down as CN Rail CEO + MORE Jun 7th
MONTREAL — Canadian National Railway will have its third leader in more than six years after the CEO of the country’s largest railway said Tuesday he’s stepping down because a medical condition makes it difficult to continue in the job.
Claude Mongeau returned to work in January after.... More »
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
