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120 days - 1.70% + MORE May 10th
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online..... More »
Should I dip into my RRSP while on maternity leave? + MORE Jul 4th
I’ve read that one of the best times to withdraw from an RRSP is when you’re earning less money. I’m currently on maternity leave and would like to withdraw $5,000 from my RRSP to pay some bills. What do you think?
—Krystal Lee Young, Toronto
The very, very best time to withdraw from a.... More »
90 days - 3.00% + MORE Feb 1st
This GIC rate is offered by DUCA Financial Services and was updated on 2014-01-06. Click on the link above to get more details or apply online..... More »
A surprising place to find free financial advice + MORE Jan 19th
Looking for someone to help you learn to manage your money better? Then check out some of the local churches across Canada. Right now, Christians Against Poverty (CAP) Canada is offering three financial services: debt counselling, a free money course and a job counselling program for those interest.... More »
Canada will have to do more in NATO if U.S. backs out + MORE Jan 17th
A soldier of the Polish Army sits in a tank as a NATO flag flies behind him. (Sean Gallup/Getty Images)
OTTAWA — Canada will have to contribute more to NATO if the U.S. follows through on president-elect Donald Trump’s musings on withdrawing from the alliance, says the head of the House of C.... More »
The Canada Pension Plan has signed an agreement to acquire the assets of Assiniboia Farmland LP, a fund that owns farmland in Saskatchewan, for $128 million.
Mutual fund class-action lawsuit OK'd by Supreme Court – CBC.ca
– news.google.ca
Financial PostMutual fund class-action lawsuit OK'd by Supreme CourtCBC.caCanada's highest court will allow a class-action lawsuit against two of Canada's largest financial companies to go ahead. In a 7-0 decision, the Supreme Court ruled on Thursday that a class-action suit can proceed against mutual fund firms AIC Ltd. and CI …Supreme Court clears way for 'market timing' class actionThe Globe and MailSupreme Court gives green light to class suit against fund managersNanaimo Daily NewsFund companies could face double jeopardyAdvisor.caall 8 news articles »
30 days – 1.50%
– ratesupermarket.ca
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.
Canada’s highest court will allow a class-action lawsuit against two of Canada’s largest financial companies to go ahead.
General Motors sells 8.5 per cent stake in Ally Financial for about $900 million
– canadianbusiness.com
DETROIT – General Motors says it has sold its 8.5 per cent stake in Ally Financial for about $900 million.
The Detroit automaker said Thursday it expects to record a gain of $500 million from the deal in its fourth-quarter earnings.
It wouldn’t say who bought the stake, which was sold in a private placement.
Ally is GM’s former auto loan and mortgage arm. It had to be rescued by the U.S. government at the height of the financial crisis.
The Treasury Department still holds a 64 per cent stake in Ally, with the rest held by a mix of institutional investors.
GM says the deal gives the company more financial flexibility. It says Ally will continue to make loans to GM dealers and customers.
The post General Motors sells 8.5 per cent stake in Ally Financial for about $900 million appeared first on Canadian Business.
The Detroit automaker said Thursday it expects to record a gain of $500 million from the deal in its fourth-quarter earnings.
It wouldn’t say who bought the stake, which was sold in a private placement.
Ally is GM’s former auto loan and mortgage arm. It had to be rescued by the U.S. government at the height of the financial crisis.
The Treasury Department still holds a 64 per cent stake in Ally, with the rest held by a mix of institutional investors.
GM says the deal gives the company more financial flexibility. It says Ally will continue to make loans to GM dealers and customers.
The post General Motors sells 8.5 per cent stake in Ally Financial for about $900 million appeared first on Canadian Business.
