5.5 year – 2.35% + MORE Jan 12th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News

B.C. to outline financial support for renters impacted by coronavirus crisis - Global News Mar 25th

B.C. to outline financial support for renters impacted by coronavirus crisis  Global NewsB.C. bans majority of evictions during COVID-19 pandemic  CBC.caB.C. to announce help for renters, landlords amid COVID-19 financial crunch  CTV NewsHome evictions rising in Covid-1.... More »
 financial consultant

Gov’t launches new website for student loan borrowers + MORE Apr 28th

WASHINGTON – The Department of Education has launched a new website to help people with student loans find a repayment option that best suits their needs. The move is part of an effort the Obama administration is undertaking to enrol an additional 2 million people into repayment programs such .... More »

Mobilicity gets approval to disburse funds from Rogers deal to creditors + MORE Jun 30th

Court approval allows Rogers to assume startup carrier’s assets free of any claims against it following $465-million deal .... More »
 blue-chip

Getting the Most Out of Your Biweekly Paycheck Aug 9th

No matter what kind of work we do, we all look forward to the next paycheck. For many of us, the anticipation unfortunately stems from the fact that we get paid bi-weekly, or twice a month, even though our bills come monthly. Over 36 percent of U.S. private businesses pay their employees every two w.... More »
 money market

Making sense of the markets this week: May 7, 2023 May 5th

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. A big thanks to Diamond Hands Dale Roberts for so ably stepping in to cover the big market news over the last couple of weeks! Powe.... More »
TORONTO – Traders will likely be cautious this week as investors try to decide if a huge miss on job creation expectations last month indicates the U.S. economy has run into a rough patch.
Also, the fourth quarter earnings reporting season kicks into gear and investors will take in reports from major financial institutions and other market bellwethers, including General Electric and chip giant Intel.
There was a big surprise on markets at the end of the week when data showed the U.S. economy cranked out only 74,000 jobs as opposed to the 200,000 that economists had forecast.
Traders struggled to find a concrete reason for the huge miss as expectations had ratcheted higher in the wake of a steady stream of recent positive economic data.
“All of the recent data has been so good that everyone thought that this was a slam dunk,” said Wes Mills, chief investment officer at Scotia Asset Management.
“And so this is going to raise doubts across the board and clearly sentiment is going to take a hit on this…

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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.

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CALGARY – A Calgary-based seismic company claims its business is being undercut by regulatory agencies that have been publicly disclosing data it says it spent hundreds of millions of dollars to collect in Canada’s offshore.
Geophysical Service Inc. makes — or rather made — its money by mapping the earth’s layers beneath the ocean floor using sonogram-like technology, amassing a trove of valuable information that it would sell to oil and gas companies hunting for their next big find.
In a bevy of lawsuits, GSI says would-be customers have been getting hold of that data for free after files it submitted as part of the regulatory process — a required step in obtaining a permit to do the mapping — were improperly released.
GSI claims its intellectual property rights have been violated and its assets have been expropriated without compensation, rendering its data all but worthless.
The allegations have not been proven in court.
In its heyday, GSI was a 250-person operation that had a hand in some of Atlantic Canada’s biggest offshore oil and gas discoveries…

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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.

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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.

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