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Pension fund manager OMERS earns 11.5 per cent return after all expenses in 2017 + MORE Feb 24th
TORONTO _ Pension fund manager OMERS earned an investment return of 11.5 per cent after all expenses last year, topping the 10.3 per cent result it posted in 2016.
The defined-benefit pension plan for Ontario’s municipal employees said all of its major asset classes performed well for the year.... More »
Who’s looking to buy our homes? + MORE Jun 3rd
In the market to sell your house and want to know who’s buying our homes? Still debating whether or not foreign money impacts Canadian real estate prices? You may want to consider how many visits Canadian real estate listings got last year from foreign buyers. According to the current Insig.... More »
Costco shoppers to pay an extra $5 or $10 fee for membership starting in June + MORE Mar 3rd
Costco will charge shoppers in Canada and the U.S. an extra $5 or $10 for an annual membership after the big box retailer posted financial results that disappointed Wall Street..... More »
Oil prices soar after 11 non OPEC countries agree to cut back output + MORE Dec 12th
TORONTO — Oil prices have soared following a weekend agreement to cut back production by 11 non-OPEC countries.
January crude oil contracts were at US$53.63 per barrel as North American stock markets opened up $2.13 from late Friday. Earlier, they traded as high as US$54.51 a barrel a level that h.... More »
GTA home prices cap tumultuous year with meagre gain in December - The Globe and Mail + MORE Jan 4th
The Globe and MailGTA home prices cap tumultuous year with meagre gain in DecemberThe Globe and MailToronto area home prices ended 2017 with a gain of less than 1 per cent from a year earlier, wrapping up a tumultuous year marked by an early boom followed by a sharp correction in the wake of governm.... More »
German central bank chief presses Europe to stick to reforms, cautions on low interest rates
– canadianbusiness.com
BERLIN – Germany’s central bank president is pressing struggling European countries to keep pursuing economic reforms and voicing concern that ultra-low interest rates could in the long term lighten pressure on politicians to stay the course.
Bundesbank chief and European Central Bank governing council member Jens Weidmann was quoted as telling Saturday’s edition of German daily Bild that financial markets have calmed but “the crisis can flare up again.” He said Europe needs “endurance and strong will” to see through its reform course.
The ECB has cut its main interest rate to a record-low 0.25 per cent and may take further action amid economic weakness and low inflation. Weidmann, an anti-inflation hawk, said low rates are justified but cautioned that “low price pressure cannot be a warrant for loosening monetary policy at will.”
The post German central bank chief presses Europe to stick to reforms, cautions on low interest rates appeared first on Canadian Business.
Bundesbank chief and European Central Bank governing council member Jens Weidmann was quoted as telling Saturday’s edition of German daily Bild that financial markets have calmed but “the crisis can flare up again.” He said Europe needs “endurance and strong will” to see through its reform course.
The ECB has cut its main interest rate to a record-low 0.25 per cent and may take further action amid economic weakness and low inflation. Weidmann, an anti-inflation hawk, said low rates are justified but cautioned that “low price pressure cannot be a warrant for loosening monetary policy at will.”
The post German central bank chief presses Europe to stick to reforms, cautions on low interest rates appeared first on Canadian Business.
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.
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.
60 days – 1.55%
– 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.
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.
