How to go about securing the best return for your investment in Canada.
Latest News
Making sense of the markets this week: March 3, 2024 + MORE Mar 1st
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. And Stephanie Griffiths was an award-winning investor for almost 20 years before returning to her roots in journalism. She is .... More »
Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy - CBC News Jun 13th
Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy CBC NewsInstant Pot and Pyrex Maker Instant Brands Files for Bankruptcy Yahoo Canada FinancePyrex kitchenware maker files for Chapter 11 bankruptcy ReutersInstant Brands Takes Action to Str.... More »
CETA: Belgium resistance to Canada-EU trade deal could affect summit of leaders - Globalnews.ca + MORE Oct 17th
Globalnews.caCETA: Belgium resistance to Canada-EU trade deal could affect summit of leadersGlobalnews.caThousands of people demonstrate against the Transatlantic Trade and Investment Partnership (TTIP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA) in the centre of Brussels, Be.... More »
Borrowing money to invest Jun 10th
There are different ways to borrow to invest.
Opening a margin account
A simple option is with a margin account at a brokerage. Depending on the existing investments in the account, a brokerage will lend up to a certain percentage of the value to an investor, at a specified interest rate.
The amount.... More »
Why Central Bankers Missed the Crisis + MORE Nov 17th
The lesson of 2008, a top economist says, is that monetary maestros don’t pay enough attention to financial markets. Are they making the same mistake again?.... More »
Target posts lower profit, cuts forecast as Canadian expansion costs weigh
– theglobeandmail.com
Retail giant posts earnings per share of 54 cents (U.S.), down from 96 cents a year earlier
Toronto stock market set to advance amid Fed tapering speculation
– canadianbusiness.com
TORONTO – The Toronto stock market headed for a slightly higher open Thursday amid a fresh round of speculation that the Federal Reserve may start cutting back on its monetary stimulus early in the new year.
The Canadian dollar was down 0.24 of a cent to 95.48 cents US.
The dollar backed off after Bank of Canada governor Stephen Poloz said he disagreed with an assessment Tuesday by the OECD that the central bank would have to start raising interests rates by the end of next year.
But Poloz told the Senate standing committee on banking, trade and commerce that the central bank’s thinking on the issue is based on its own view of slack in the Canadian economy and the fact that inflation, at 1.1 per cent, is currently well below where he would like it to be.
U.S. futures were higher after markets lost ground Wednesday in the wake of the release of the minutes of the last Fed meeting showed that the central bank would likely start tapering off its bond purchases in “coming months” if the job market improved further…
The Canadian dollar was down 0.24 of a cent to 95.48 cents US.
The dollar backed off after Bank of Canada governor Stephen Poloz said he disagreed with an assessment Tuesday by the OECD that the central bank would have to start raising interests rates by the end of next year.
But Poloz told the Senate standing committee on banking, trade and commerce that the central bank’s thinking on the issue is based on its own view of slack in the Canadian economy and the fact that inflation, at 1.1 per cent, is currently well below where he would like it to be.
U.S. futures were higher after markets lost ground Wednesday in the wake of the release of the minutes of the last Fed meeting showed that the central bank would likely start tapering off its bond purchases in “coming months” if the job market improved further…
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.
Gildan hikes payout as lower cotton prices bolster bottom line
– theglobeandmail.com
Clothing maker posts record fourth-quarter earnings on sales gains, lower cotton prices
Cypriot university to accept Bitcoin for tuition payments to help overseas students
– canadianbusiness.com
NICOSIA, Cyprus – Cyprus’ biggest private university said Thursday it will start accepting the digital currency Bitcoin as an alternative way to pay tuition fees.
The country had been a hub for international banking before suffering a collapse in its financial system this year, leading the government to impose controls on the flow of capital as it accepted an international bailout.
But the University of Nicosia said the move to accept Bitcoin was unrelated to the controls. Rather, it was meant to help foreign students in countries where traditional banking transactions are either difficult or costly to pay for programs such as online degrees.
The university’s chief financial officer, Christos Vlachos, said the institution, which has about 8,500 students enrolled, is the first in the world to take Bitcoin payments.
Bitcoin is a cryptography-based digital currency that advocates say is counterfeit-proof. Its value is determined by supply — which is limited by its design — and demand…
The country had been a hub for international banking before suffering a collapse in its financial system this year, leading the government to impose controls on the flow of capital as it accepted an international bailout.
But the University of Nicosia said the move to accept Bitcoin was unrelated to the controls. Rather, it was meant to help foreign students in countries where traditional banking transactions are either difficult or costly to pay for programs such as online degrees.
The university’s chief financial officer, Christos Vlachos, said the institution, which has about 8,500 students enrolled, is the first in the world to take Bitcoin payments.
Bitcoin is a cryptography-based digital currency that advocates say is counterfeit-proof. Its value is determined by supply — which is limited by its design — and demand…
