How to go about securing the best return for your investment in Canada.
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Dow tops 19,000 as retailers lead stocks to new records + MORE Nov 22nd
NEW YORK, N.Y. – The Dow Jones industrial average crossed 19,000 for the first time as the stock market extended its reach further into record territory. The gains came a day after four major market indexes closed at all-times highs at the same time, something that hadn’t happened since .... More »
Does Your Boss Make You Feel Valued? Employee Recognition Programs Can Fix That Apr 26th
From 2010 to 2019, Colliers—a commercial real estate company that employs 2,500 employees in Canada alone—held its annual Colliers Service Excellence Awards.
A panel of judges rewarded select employees for their outstanding work across the marketing, research, IT, HR, finance and accounting .... More »
Seven reasons SmartREIT makes for a wise investment + MORE Aug 3rd
Its attractive yield combined with potential modest unit price appreciation is ideal in this sluggish Canadian economy
.... More »
RBC earnings: A look at the bank’s Q2 financials + MORE May 31st
Royal Bank of Canada says it’s rewarding shareholders as its second-quarter profit rose from last year and it successfully closed its HSBC Canada acquisition.
The bank said Thursday it will now pay a quarterly dividend of $1.42 per share, an increase of four cents. It also said it plans to buy .... More »
Scotiabank hikes dividend as profit beats expectations + MORE Feb 27th
The Bank of Nova Scotia raised its dividend Tuesday as it reported better-than-expected adjusted profit of roughly $2.275 billion for its first quarter, with strong earnings internationally as well as at home..... More »
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.
Fed will begin to reduce bond purchases
– moneysense.ca
The Federal Reserve said Wednesday that it will reduce its $85 billion a month in bond purchases by $10 billion starting in January, citing a stronger U.S. job market. And it says it will take further steps to reduce the pace of the purchases next year if that improvement continues.
The reduction to $75 billion a month is small but significant step because it signals that Fed policymakers are ready to ease their massive support for the economy provided since the Great Recession.
To cushion to impact on financial markets, the Fed strengthened its commitment to record-low short-term rates. It says it plans to hold its key short-term rate near zero “well past” the time when unemployment falls below 6.5 per cent.
Stocks surged after the Fed’s policy statement was released, signalling investors approved of the modest tapering and the stronger pledge to keep short-term rates low for an extended time.
The Dow Jones industrial average rose more than 150 points minutes after the announcement…
The reduction to $75 billion a month is small but significant step because it signals that Fed policymakers are ready to ease their massive support for the economy provided since the Great Recession.
To cushion to impact on financial markets, the Fed strengthened its commitment to record-low short-term rates. It says it plans to hold its key short-term rate near zero “well past” the time when unemployment falls below 6.5 per cent.
Stocks surged after the Fed’s policy statement was released, signalling investors approved of the modest tapering and the stronger pledge to keep short-term rates low for an extended time.
The Dow Jones industrial average rose more than 150 points minutes after the announcement…
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-03-07. Click on the link above to get more details or apply online.
Facebook, Zuckerberg, banks must face IPO lawsuit
– theglobeandmail.com
Investors including pension funds in Arkansas, California and North Carolina claim Facebook negligently concealed material information from its IPO registration statement
Holiday 2013 season is shaping up to be most deal-driven – and disappointing – since 2008
– canadianbusiness.com
NEW YORK, N.Y. – Sparse crowds at malls and “50 per cent off” signs at The Gap, AnnTaylor and other stores give a clue as to how the holiday season is going.
This is shaping up to be the most discount-driven holiday season since the country was in a deep recession. It’s also one of the most disappointing for stores.
Sales are up 2 per cent to $176.7 billion from the start of the season on Nov. 1 through Sunday, according to data obtained by The Associated Press from store data tracker ShopperTrak.
That’s a slower pace than expected given that there are just days left in the season: ShopperTrak is forecasting that sales will rise 2.4 per cent to $265 billion for the two-month stretch that’s typically the busiest shopping period of the year.
The modest growth comes as the amount of discounts that stores are offering this season is up 13 per cent from last year — the highest level since 2008 when the country was in a recession, according to financial services firm BMO Capital Markets…
This is shaping up to be the most discount-driven holiday season since the country was in a deep recession. It’s also one of the most disappointing for stores.
Sales are up 2 per cent to $176.7 billion from the start of the season on Nov. 1 through Sunday, according to data obtained by The Associated Press from store data tracker ShopperTrak.
That’s a slower pace than expected given that there are just days left in the season: ShopperTrak is forecasting that sales will rise 2.4 per cent to $265 billion for the two-month stretch that’s typically the busiest shopping period of the year.
The modest growth comes as the amount of discounts that stores are offering this season is up 13 per cent from last year — the highest level since 2008 when the country was in a recession, according to financial services firm BMO Capital Markets…
