Prentice sees stronger year for oil patch, but warns of foreign investment chill + MORE Dec 14th

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Premarket: Equities at all-time high after Nasdaq record + MORE Apr 24th

MSCI World extends multiyear rally; Europe lifted by earnings, Greece optimism .... More »

120 days - 1.75% + MORE Sep 22nd

This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »

High house prices got you down? Here are 3 ways to beat the odds Dec 17th

With the sluggish economy and tightened lending rules, being priced out of the real estate market is a reality for many, particularly those in Toronto and Vancouver. But whether your finances are limited or you simply don't want to overextend yourself, there are other options..... More »

Tullow Oil CEO Resigns After Company Loses Half Its Value - OilPrice.com Dec 9th

Tullow Oil CEO Resigns After Company Loses Half Its Value  OilPrice.comTullow Oil shares dive as chief is ousted amid problems in Ghana  The GuardianA British oil stock tanked 60% after the shock resignation of the CEO and head of exploration  Business InsiderTullow sha.... More »
Jury is out on value of stock buy backsInvestors know the stock buyback drill. It may not help them in a rising market.

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Prentice was one of the first to sound the alarm last fall that the Harper government’s decision to hang out a not-welcome sign to state-owned enterprises would be a disaster for foreign investment in Canada’s oilpatch

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WASHINGTON – Regulators have closed a small bank in Texas, bringing the number of U.S. bank failures to 24 this year.
The Federal Deposit Insurance Corp. said Friday it has taken over Texas Community Bank NA, based in The Woodlands, Texas.
The lender, which operated two branches, had about $160.1 million in assets and $142.6 million in deposits as of Sept. 30.
Spirit of Texas Bank SSB, based in College Station, Texas, agreed to assume all of Texas Community Bank’s deposits and to buy $147.9 million of the failed bank’s assets.
The FDIC is retaining the remaining assets for later disposition.
The failure of Texas Community Bank is expected to cost the deposit insurance fund $10.8 million.
The lender is the second FDIC-insured institution to fail in Texas this year. In September, it shuttered First National Bank, based in Edinburg, Texas.
U.S. bank failures have been declining since they peaked in 2010 in the wake of the financial crisis and the Great Recession.
In 2007, only three banks went under…

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As his career as a physician progresses, how can Brian best use RRSPs and TFSAs to reach his financial goals?

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Broad-based stock market rally bodes well for future gainsThe stock market rally of 2013 has been broad based which may mean it has plenty of room for Wall Street to keep going higher in the new year.

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