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How to survive a recession: Six tips for Gen Z and those who haven’t faced one before + MORE Jan 16th
As we begin 2023, young adults face a looming recession—and it remains to be seen whether it will be a mild or moderate one. What does an economic downturn mean for Gen Z? What should those just entering their careers, moving out on their own and aspiring for more financial independence do right n.... More »
Stocks falling after failure of Silicon Valley Bank - CTV News + MORE Mar 13th
Stocks falling after failure of Silicon Valley Bank CTV NewsStock market news today: Stocks, bond yields, bank stocks fall on SVB fallout Yahoo Canada FinanceBefore the Bell: What every Canadian investor needs to know today The Globe and MailFear grips financial mark.... More »
Ireland’s economy going ‘gangbusters,’ grows 7.7 per cent in past year as debt crisis fades + MORE Sep 18th
DUBLIN – Ireland’s economy is growing at a rapid pace last experienced at the tail-end of the Celtic Tiger boom, government statisticians reported Thursday as economists declared an end to the country’s financial doldrums.
The report from the Central Statistics Office said gross do.... More »
60 days - 2.00% + MORE Dec 13th
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online..... More »
TSX posts best day in 6 months despite pullback in cannabis shares Oct 17th
Canada's main stock index posted its best day in six months despite a pullback of cannabis stocks on the last trading session before Wednesday's legalization..... More »
Canadian Stocks Could Outperform if Global Growth Hits 4%
– blogs.wsj.com
The country’s flagship stock index has history of beating S&P 500 when global growth is 4% or more, CIBC said. And that could happen this year.
One in three retirees has returned to work to pay the bills
– moneysense.ca
Nearly a third of retired Canadians, or 30 per cent, have returned to work and a major reason is that they misjudged how much their expected life of ease would cost.
Two new online surveys from ING Direct found that the divide between how much people saved, and how much they actually needed, was too wide to handle without a paycheque.
About 48 per cent of respondents in one survey who had returned to work cited financial concerns as the reason they took another job. And, of these, 31 per cent had returned to work full time.
Another online survey found that 33 per cent of respondents who went back to work said they hadn’t saved enough money for retirement, while 31 per cent said they faced higher living costs than expected.
The surveys portray a notable disconnect between Canadians’ expectations of life after the work force and the reality of the cost.
ING Direct said that respondents wished they had found more ways to save for retirement, that they had started saving earlier and hadn’t “spent money so mindlessly…
Two new online surveys from ING Direct found that the divide between how much people saved, and how much they actually needed, was too wide to handle without a paycheque.
About 48 per cent of respondents in one survey who had returned to work cited financial concerns as the reason they took another job. And, of these, 31 per cent had returned to work full time.
Another online survey found that 33 per cent of respondents who went back to work said they hadn’t saved enough money for retirement, while 31 per cent said they faced higher living costs than expected.
The surveys portray a notable disconnect between Canadians’ expectations of life after the work force and the reality of the cost.
ING Direct said that respondents wished they had found more ways to save for retirement, that they had started saving earlier and hadn’t “spent money so mindlessly…
The Canadian stock market will likely shine in 2014, playing catch-up after lagging strong growth recorded last year in other markets, according to a CIBC World Markets report published Tuesday.
Alliance Grain Traders buys Quebec food packager, distributor CLIC International
– canadianbusiness.com
REGINA – Alliance Grain Traders Inc. (TSX:AGT) says it has acquired most of the assets of Quebec-based CLIC International Inc., an ethnic and traditional retail food packager and canner and retail and food service distributor.
The cost of the acquisition by Saskatchewan-based Alliance Grain was not disclosed.
Alliance said the assets include inventory, retail packaging and canning production equipment, all CLIC and associated retail brands, retail and food service listings and customer contracts.
CLIC’s management team will remain with AGT’s new Quebec food division, AGT CLIC Foods Inc.
“The acquisition of CLIC bolsters our ingredient and packaged foods business segment, with small packaging and canning lines to distribute a broad line of pulses and ethnic foods to the North American and global retail and food service sectors,” president and CEO Murad Al-Katib said Tuesday in announcing the deal.
“This transaction is expected to assist in furthering our stated objective of moving AGT up the value chain and solidifying our transition from a commodity exporter to a food company,” he added…
The cost of the acquisition by Saskatchewan-based Alliance Grain was not disclosed.
Alliance said the assets include inventory, retail packaging and canning production equipment, all CLIC and associated retail brands, retail and food service listings and customer contracts.
CLIC’s management team will remain with AGT’s new Quebec food division, AGT CLIC Foods Inc.
“The acquisition of CLIC bolsters our ingredient and packaged foods business segment, with small packaging and canning lines to distribute a broad line of pulses and ethnic foods to the North American and global retail and food service sectors,” president and CEO Murad Al-Katib said Tuesday in announcing the deal.
“This transaction is expected to assist in furthering our stated objective of moving AGT up the value chain and solidifying our transition from a commodity exporter to a food company,” he added…
General Motors institutes first quarterly dividend since 2008
– theglobeandmail.com
Auto maker to pay dividend of 30 cents per share March 28
