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
Realtor predicts rise in luxury home sales in Toronto and Vancouver this fall + MORE Sep 16th
TORONTO – Sotheby’s International Realty Canada says turbulence on the Chinese stock market could send buyers from mainland China flocking to Canadian luxury real estate this fall.
The realtor predicts that sales of homes worth over $1 million will rise in Toronto and Vancouver, while Mo.... More »
Crypto marketing: What can be said—and not said—in Canada? + MORE Dec 14th
I saw an ad saying there’s no risk in trading bitcoin. How can they say that?—Abbas
Good question. Crypto companies try to entice new customers with flashy marketing. Sometimes, the offers sound far too good to be true, promising outsized returns or low to no investment risk.
Here’.... More »
Ontario Teacher’s Pension Plan bringing in new investment partners at UK airports + MORE Oct 31st
LONDON _ The Ontario Teachers’ Pension Plan says it is selling off 30 per cent of its stakes at two United Kingdom regional airports to broaden its investment strategy.
The deal will see Australia’s New South Wales Treasury Corporation and Sunsuper Superannuation Fund each acquire a 15 p.... More »
What Is a Binary Options Platform? + MORE May 27th
Meta Description: A binary options platform plays a vital role in a trader’s efforts to turn a profit. If you’re new to this field, it’s important you understand what this technology involves.
Ready to start getting quick returns on your money instead of waiting months or years like you do wi.... More »
Canada’s best dividends 2023: How we chose the winners + MORE Mar 7th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
Our evaluation encompassed all of the dividend-paying st.... More »
90 days – 3.00%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-01-06. Click on the link above to get more details or apply online.
FATF: ‘Significant Progress’ by Canada on AML Program
– blogs.wsj.com
The Financial Action Task Force said Canada “made significant progress” on addressing deficiencies in its anti-money laundering program, and recommended it no longer face annual FATF audits.
5.5 year – 2.77%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-01-25. Click on the link above to get more details or apply online.
Algoma Central sees earnings fall to $22.8M in Q4; revenue flat at $148.8M
– canadianbusiness.com
ST. CATHARINES, Ont. – Great Lakes shipper Algoma Central Corp. (TSX:ALC) has reported a slight decrease in both fourth-quarter and full-year earnings.
Algoma Central says net earnings in the three months ended Dec. 31 were $22.8 million or 59 cents per share, down from $24.2 million or 62 cents per share in the same 2012 period.
Revenue was $148.9 million, up from $148.7 million
For the full year, net earnings fell to $41.9 million or $1.08 per share from $42.2 million, also $1.08 per share, as revenue slumped to $481.5 million from $527.9 million.
Lower segment earnings were largely offset by reduced foreign exchange losses and an increase in interest income, due primarily to interest received on the recovery of vessel deposits and interest on refunded income tax instalments, it said.
Algoma Central owns and operates the largest Canadian flag fleet of dry and liquid bulk carriers operating on the Great Lakes and St. Lawrence waterway.
Algoma also has interests in ocean dry-bulk and product tanker vessels operating in international markets and also owns a diversified ship repair and steel fabricating facility active in the Great Lakes and St…
Algoma Central says net earnings in the three months ended Dec. 31 were $22.8 million or 59 cents per share, down from $24.2 million or 62 cents per share in the same 2012 period.
Revenue was $148.9 million, up from $148.7 million
For the full year, net earnings fell to $41.9 million or $1.08 per share from $42.2 million, also $1.08 per share, as revenue slumped to $481.5 million from $527.9 million.
Lower segment earnings were largely offset by reduced foreign exchange losses and an increase in interest income, due primarily to interest received on the recovery of vessel deposits and interest on refunded income tax instalments, it said.
Algoma Central owns and operates the largest Canadian flag fleet of dry and liquid bulk carriers operating on the Great Lakes and St. Lawrence waterway.
Algoma also has interests in ocean dry-bulk and product tanker vessels operating in international markets and also owns a diversified ship repair and steel fabricating facility active in the Great Lakes and St…
Private member’s bill tabled by Sudbury MPP Rick Bartolucci would create a separate act and code of conduct for financial advisors.


