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90 days - 1.75% + MORE Sep 20th
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 »
Weekend Reading – Stop making your advisor rich, RRSP suggestions, tax tips and more + MORE Feb 12th
Learn, save, invest and prosper with My Own Advisor.
Welcome to some Weekend Reading friends. Earlier this week I shared some top Canadian dividend paying stocks to buy, including two companies that recently raised their dividends, and if you want to be more productive, and I do, consider these ti.... More »
Buying pre-construction: What if your home is worth less than you paid? + MORE Jan 26th
Many Canadians bought pre-construction homes and condos at the height of the real estate market, as ultra-low interest rates fuelled a steady climb in Canadian real estate prices. Now some of those buyers are walking away from their purchases, unable to close on properties worth less than they paid .... More »
Some funds offer to tame market’s chaos, but at a price + MORE Jan 21st
NEW YORK, N.Y. – Freaked out by the stock market’s big swings?
Then the investment industry has something it built just for you: funds that hope to offer a steadier ride. That sounds especially comforting after this year’s jarring start for markets, in which drops of more than 1 pe.... More »
As Switch Hardware Sales Slow, How Long Can Nintendo Delay 'Switch 2'? - Nintendo Life May 10th
As Switch Hardware Sales Slow, How Long Can Nintendo Delay 'Switch 2'? Nintendo LifeSwitch Is Still Outselling Everything Else Despite Ongoing Chip Shortage KotakuNintendo Switch shipments drop 20 percent year-over-year MobileSyrupNintendo achieves their highest annu.... More »
AP Exclusive: NKorean official says execution of Kim’s uncle won’t change economic policies
– canadianbusiness.com
PYONGYANG, North Korea – A senior North Korean official said Sunday that the execution of leader Kim Jong Un’s once-powerful uncle will not lead to changes in economic policies and vowed that the nation would push ahead with an ambitious plan to develop new economic zones to attract foreign investment.
Jang Song Thaek’s wife, meanwhile, has been named to an ad-hoc state committee, the country’s official media reported, an indication that Jang’s execution has not immediately diminished her influence.
The execution Friday of Jang, considered to be North Korea’s second most powerful man and a key architect of the country’s economic policies, should not be taken as a sign that the North will change its economic course or its efforts to lure foreign investment, Yun Yong Sok, a senior official in the State Economic Development Committee, said in an interview with The Associated Press in Pyongyang.
Luring foreign investment is critical to garnering badly needed foreign currency and funding for infrastructure projects so the Kim regime can live up to its promise of raising the impoverished nation’s standard of living…
Jang Song Thaek’s wife, meanwhile, has been named to an ad-hoc state committee, the country’s official media reported, an indication that Jang’s execution has not immediately diminished her influence.
The execution Friday of Jang, considered to be North Korea’s second most powerful man and a key architect of the country’s economic policies, should not be taken as a sign that the North will change its economic course or its efforts to lure foreign investment, Yun Yong Sok, a senior official in the State Economic Development Committee, said in an interview with The Associated Press in Pyongyang.
Luring foreign investment is critical to garnering badly needed foreign currency and funding for infrastructure projects so the Kim regime can live up to its promise of raising the impoverished nation’s standard of living…
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-10-17. Click on the link above to get more details or apply online.
Traders look to Federal Reserve for clarity on cutting back on monetary stimulus
– canadianbusiness.com
TORONTO – Stock markets will likely start the trading week in a holding pattern and stay there until Wednesday when investors find out if the U.S. Federal Reserve ends months of speculation and decides to start winding up its asset purchases.
“We believe the conditions are more than ripe,” said Doug Porter, chief economist at BMO Capital Markets.
Many traders aren’t happy to see an end to the US$85 billion a month of asset purchases as they have kept long-term rates low and supported a strong advance on many markets this year, including the Dow industrials which has surged a good 20 per cent.
That hasn’t been the case in Toronto where the TSX is heavily weighted in favour of the resource sector.
There has been a great deal of uncertainty surrounding tapering, particularly since September when the Fed surprised markets by saying the time wasn’t right to starting winding up the program.
Analysts believe the prospect of a government shutdown over budget wrangling, along with difficulties in extending the debt ceiling, helped persuade the Fed to postpone tapering in September…
“We believe the conditions are more than ripe,” said Doug Porter, chief economist at BMO Capital Markets.
Many traders aren’t happy to see an end to the US$85 billion a month of asset purchases as they have kept long-term rates low and supported a strong advance on many markets this year, including the Dow industrials which has surged a good 20 per cent.
That hasn’t been the case in Toronto where the TSX is heavily weighted in favour of the resource sector.
There has been a great deal of uncertainty surrounding tapering, particularly since September when the Fed surprised markets by saying the time wasn’t right to starting winding up the program.
Analysts believe the prospect of a government shutdown over budget wrangling, along with difficulties in extending the debt ceiling, helped persuade the Fed to postpone tapering in September…
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.
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.
