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The week's best web reads: 10 high-conviction purchases of top stock pickers + MORE May 31st
Inside the Market's weekend roundup of some of this week's best investing reads on the Internet.
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What’s my RRSP contribution limit for 2020? Dec 30th
If you’re like many Canadians, you’re hoping you’ve paid enough tax in 2020 and may even be looking forward to a hefty tax refund. You can help ensure that happens by knowing the details of your Registered Retirement Savings Plan (RRSP), what sets them apart, your contribution limit and a whol.... More »
Freed Americans Leave North Korea, as Trump Prepares to Welcome Them Home - New York Times + MORE May 9th
New York TimesFreed Americans Leave North Korea, as Trump Prepares to Welcome Them HomeNew York TimesWASHINGTON — Three American prisoners freed by North Korea were flying back to the United States on Wednesday, heading toward an air base where President Trump planned to personally welcome them ho.... More »
US stock market creeps higher in early trading as S&P 500 index holds near a record high + MORE Feb 13th
NEW YORK, N.Y. – Stocks are inching higher in early trading as traders pore over the latest batch of company earnings reports.
Broadcaster CBS jumped 4 per cent early Friday after reporting earnings that came in ahead of what investors were expecting, while American International Group slipped.... More »
Spread the word + MORE Nov 6th
Check MoneySenseWeek.ca daily Nov. 8-14, 2015 for a collection of tips and resources to help you build your wealth.
The post Spread the word appeared first on MoneySense..... More »
A former Bay Street trader has launched a new career designing games that teach financial literacy to high school and college students.
Suncor increasing capital spending to $7.8B; oil production expected to rise 10%
– canadianbusiness.com
CALGARY – Suncor Energy (TSX:SU) has announced a capital spending program of $7.8 billion for 2014, some $500 million more than it originally forecast for 2013.
Meanwhile, the Calgary-based integrated oil giant said Wednesday that it expects average production to increase by about 10 per cent to between 565,000 and 610,000 barrels of oil equivalent per day next year.
Suncor said oilsands production is expected to grow by better than 14 per cent, more than offsetting reduced production from its North America onshore business as a result of its natural gas divestiture in 2013.
About $4.2 billion of the 2014 capital spend is expected to go towards growth projects, with $1.9 billion of that earmarked for advancing oilsands projects, including the Fort Hills joint venture and near-term debottlenecking and expansion initiatives such as MacKay River 2.
Growth capital is also being allocated to exploration and production projects that include investment in Golden Eagle in the North Sea and development of East Coast Canada assets such as Hebron…
Meanwhile, the Calgary-based integrated oil giant said Wednesday that it expects average production to increase by about 10 per cent to between 565,000 and 610,000 barrels of oil equivalent per day next year.
Suncor said oilsands production is expected to grow by better than 14 per cent, more than offsetting reduced production from its North America onshore business as a result of its natural gas divestiture in 2013.
About $4.2 billion of the 2014 capital spend is expected to go towards growth projects, with $1.9 billion of that earmarked for advancing oilsands projects, including the Fort Hills joint venture and near-term debottlenecking and expansion initiatives such as MacKay River 2.
Growth capital is also being allocated to exploration and production projects that include investment in Golden Eagle in the North Sea and development of East Coast Canada assets such as Hebron…
OMERS partners to buy U.S. repair network Caliber Collision Centers from Onex
– canadianbusiness.com
TORONTO – OMERS Private Equity has partnered with management at Caliber Collision Centers to acquire the U.S. network of 157 automotive collision repairs centres.
Financial details of the purchase from ONCAP, Onex Corp.’s (TSX:OCX) mid-market private equity platform, were not disclosed.
Based in Dallas, Texas, Caliber is the largest independent provider of automotive collision repair services in the United States, with repair centres in California, Texas, Arizona, Nevada, Oklahoma and Colorado.
The Company has approximately 3,700 employees and repairs more than 285,000 vehicles annually.
“We are thrilled to partner with Steve Grimshaw, president and CEO of Caliber, and his management team for the company’s next phase of growth,” said Tim Patterson, senior managing director at OMERS Private Equity.
“We believe that Caliber will continue to distinguish itself as the market leader in the highly fragmented collision repair industry in the years ahead.”
OMERS Private Equity is the private equity investment arm of the Ontario Municipal Employees Retirement System, a pension fund representing more than 430,000 workers in Ontario…
Financial details of the purchase from ONCAP, Onex Corp.’s (TSX:OCX) mid-market private equity platform, were not disclosed.
Based in Dallas, Texas, Caliber is the largest independent provider of automotive collision repair services in the United States, with repair centres in California, Texas, Arizona, Nevada, Oklahoma and Colorado.
The Company has approximately 3,700 employees and repairs more than 285,000 vehicles annually.
“We are thrilled to partner with Steve Grimshaw, president and CEO of Caliber, and his management team for the company’s next phase of growth,” said Tim Patterson, senior managing director at OMERS Private Equity.
“We believe that Caliber will continue to distinguish itself as the market leader in the highly fragmented collision repair industry in the years ahead.”
OMERS Private Equity is the private equity investment arm of the Ontario Municipal Employees Retirement System, a pension fund representing more than 430,000 workers in Ontario…
The Dow’s 20% rise: Enjoy it while you can
– thestar.com
The stock market’s long-term average return is 9.7 per cent year. This year looks much better than that.5.5 year – 2.35%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2013-11-09. Click on the link above to get more details or apply online.
