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Canada’s best credit cards for gas purchases for 2023 May 24th
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Best no-fee credit cards in Canada for 2023
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4000 people in B.C. getting COVID-19 vaccine by end of next week, premier says - CTV News Vancouver Dec 8th
4000 people in B.C. getting COVID-19 vaccine by end of next week, premier says CTV News VancouverYou can apply for the B.C. Recovery Benefit — worth up to $1,000 — starting Dec. 18, government says CBC.caDetails released on how to apply for B.C.’s COVID-19 recovery benefi.... More »
Five things to watch in Canadian business this week + MORE Mar 6th
Five things to watch this week in Canadian business:
Mining Meeting:
The four-day PDAC Mining and Investment Conference, held annually in Toronto, begins Monday. This year’s event is expected to feature more than 1,000 exhibitors and 23,000 attendees from upward of 100 countries.
Women’.... More »
3.5 year - 2.30% + MORE Dec 28th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online..... More »
Bank of Montreal boosts dividend, reports $1.25B quarterly profit May 30th
The Bank of Montreal joined its peers in delivering second-quarter profits that beat expectations as Canada's Big Five banks earned a collective $10.6 billion — up nearly 11 per cent from a year ago..... More »
Gold miners, energy companies push TSX up amid big drop in U.S. house sales
– canadianbusiness.com
TORONTO – Rising gold and energy stocks helped give the Toronto stock market a minor lift Friday while investors looked to the release of a disappointing read on U.S. home sales last month.
The S&P/TSX composite index climbed 32.15 points to 14,242.52.
The Canadian dollar continued to pile up losses for a third day, down 0.31 of a cent to 89.8 cents US as Statistics Canada said that December retail sales tumbled 1.8 per cent from November. Economists had expected a drop of just 0.4 per cent.
But the loonie was well off the worst levels of the morning after the agency also reported that the Canadian consumer price index was up 1.5 per cent in January compared to a year earlier. That was slightly higher than the 1.3 per cent rise economists expected.
U.S. indexes were higher as the National Association of Realtors said that existing house sales dropped 5.1 per cent during January following a 0.8 per cent rise in December. It was the worst pace in 18 months as cold weather, limited supplies of homes on the market and higher buying costs held back purchases…
The S&P/TSX composite index climbed 32.15 points to 14,242.52.
The Canadian dollar continued to pile up losses for a third day, down 0.31 of a cent to 89.8 cents US as Statistics Canada said that December retail sales tumbled 1.8 per cent from November. Economists had expected a drop of just 0.4 per cent.
But the loonie was well off the worst levels of the morning after the agency also reported that the Canadian consumer price index was up 1.5 per cent in January compared to a year earlier. That was slightly higher than the 1.3 per cent rise economists expected.
U.S. indexes were higher as the National Association of Realtors said that existing house sales dropped 5.1 per cent during January following a 0.8 per cent rise in December. It was the worst pace in 18 months as cold weather, limited supplies of homes on the market and higher buying costs held back purchases…
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.
Weekend Readings – Facebook Makes A Bold Move
– IntelligentSpeculator.net
As most of you now, I hold a decent portion of my savings in Facebook (FB) so seeing Zuckerberg pull off an incredibly bold move, paying $19B for WhatsApp is incredibly impressive, I’m still wrapping my head around it although I generally think it’s a very good move. More on that soon I’m sure:)The other stock that I have a big stake on is Apple (AAPL) of course. I finally did take the time to explain in detail why I believe its ecosystem alone makes it a no-brainer:
http://seekingalpha.com/article/2026901-the-ecosystems-play-is-expanding-which-is-bullish-for-apple
General Readings
-HFT’s turn to lasers to gain an edge? @ WSJ
-the new class system for young Wall St. bankers @ NYPost
-I crashed a Wall St secret society @ NYMag
-Investing successfully is really hard @ AboveTheMarket
Dividend & Passive Income Readings
-The best source to get dividend stock picks @ TheDividendGuyBlog
Tech Stock Readings
-The Social Conglomerate @ Stratchery
-Why Facebook (FB) needed WhatsApp @ TheVerge
-Apple (AAPL) passing Microsoft (MSFT) @ Ben-Evans
The post Weekend Readings – Facebook Makes A Bold Move appeared first on Intelligent Speculator.
Eldorado Gold writes down assets, posts $687.6-million loss
– theglobeandmail.com
Miner says fourth-quarter loss totalled 96 cents (U.S.) a share
60 days – 1.55%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
