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Young Canadians sue CPP Investments over climate risks + MORE Oct 30th
Canada’s largest pension fund is being sued by four young Canadians who claim that CPP Investments is failing to properly manage climate-related financial risk.
The four allege in a lawsuit filed in the Ontario Superior Court of Justice on Monday that the investment manager for the Canada .... More »
60 days - 1.55% + MORE Dec 20th
This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online..... More »
All of Canada would pay the price if Toronto’s real estate bubble burst Apr 8th
Real estate figures in the country’s largest city are at red-hot levels, and the rest of Canada will ultimately have to pay for it
.... More »
Stock markets fall into bear market territory after Mnuchin and Trump stoke worries + MORE Dec 24th
Stock markets sold off on Monday after U.S. Treasury Secretary Steven Mnuchin called the heads of six major U.S. banks Sunday in an apparent attempt to reassure jittery financial markets — but ended up only stoking investor fears..... More »
Canadians now owe $1.71 for every dollar they have to spend, StatsCan says - CBC.ca + MORE Dec 11th
Canadians now owe $1.71 for every dollar they have to spend, StatsCan says CBC.caHousehold debt ratio rises to 170.7%, Statistics Canada says BNNHousehold debt ratio rises to 170.7 per cent: StatCan CP24 Toronto's Breaking NewsHousehold Debt Ratio in Canada Climbs on.... More »
Latin America losing allure for global resource companies
– theglobeandmail.com
Resource firms reconsidering plans as countries across Latin America strive to keep more of the wealth for the benefit of local people
Longtime Madoff employee tells NY jury he didn’t ask questions as fraud ballooned around him
– canadianbusiness.com
NEW YORK, N.Y. – In the many years he spent as a trader at Bernard L. Madoff Investment Securities LLC, David Kugel learned that investments that Madoff claimed to be making for clients were fiction.
Kugel, 68, knew that because he was instrumental in concocting the phoney trades. But he always kept his mouth shut.
Madoff “was my boss,” he testified at the trial of five former Madoff employees in federal court in Manhattan. “If he asked me to do something, I gave it to him. I didn’t question him. … I believed him.”
Prosecutors are seeking to use Kugel’s testimony — the first by a co-operator in the Madoff investigation — to show how he and other insiders purposely stayed blindly loyal to Madoff while becoming wealthy off his fraud.
But the testimony also suggested some complexities in the don’t-ask-don’t-tell environment: By Kugel’s account, there was a belief that Madoff was working his investment magic in ways he wasn’t revealing…
Kugel, 68, knew that because he was instrumental in concocting the phoney trades. But he always kept his mouth shut.
Madoff “was my boss,” he testified at the trial of five former Madoff employees in federal court in Manhattan. “If he asked me to do something, I gave it to him. I didn’t question him. … I believed him.”
Prosecutors are seeking to use Kugel’s testimony — the first by a co-operator in the Madoff investigation — to show how he and other insiders purposely stayed blindly loyal to Madoff while becoming wealthy off his fraud.
But the testimony also suggested some complexities in the don’t-ask-don’t-tell environment: By Kugel’s account, there was a belief that Madoff was working his investment magic in ways he wasn’t revealing…
4.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online.
Shares in Twitter Inc. have been found eligible for investment by Islamic funds, according to IdealRatings, a company that screens stocks to determine whether they meet Muslim principles.
5.5 year – 3.00%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online.
