In a sign of growing economic ties, China allows direct currency trading with New Zealand + MORE Mar 19th

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
 stock

REITs are defying the odds + MORE Jun 9th

The interest-sensitive securities are supposed to tank when rates rise, but are one of the few bright spots on the TSX, Gordon Pape writes..... More »
 financial consultant

Modi Goes to Canada: New Investor Protections Coming? + MORE Apr 14th

With India’s prime minister headed for Canada this week, authorities for the two sides have stepped up negotiations on a foreign-investment-protection pact that has been stuck in limbo for years..... More »

The best savings and investment accounts in Canada for 2024 + MORE May 1st

Save The best savings and investment accounts in Canada for 2024 Here are the best accounts to hold your savings and investments. Compare now Scan the savings account comparison table above to view interest ra.... More »
 financial consultant

Kirstine Stewart to leave Twitter + MORE Jul 21st

The Twitter logo appears on a phone post on the floor of the New York Stock Exchange, Tuesday, Oct. 13, 2015. Twitter is laying off up to 336 employees, signaling CEO Jack Dorsey’s resolve to slash costs while the company struggles to make money. (AP Photo/Richard Drew) TORONTO — TwitterR.... More »

Protests, court challenges, B.C. recount: Trans Mountain IPO comes at awkward time for Kinder Morgan May 21st

Kinder Morgan's plan to raise money for its Trans Mountain expansion through an initial public offering could not come at a more awkward time..... More »
Toronto StarOliver to take over Finance portfolio from FlahertyThe Globe and MailNatural Resources Minister Joe Oliver, a former Bay Street investment banker, will become the federal government's new finance minister after Jim Flaherty announced his resignation from cabinet, sources said. With the loss of the long-serving Mr. Flaherty, …Jim Flaherty's departure had been signalled for months: Tim HarperToronto StarJoe Oliver to replace Flaherty as Canada's finance minister: reports660 NewsFlaherty leaving politics for private sectorHamilton SpectatorCanada.com -National Post -Businessweekall 287 news articles »

Continue Reading On Theglobeandmail.com »

Expected losses under invented scenarios tell us little about risk and reality.

Continue Reading On online.wsj.com »

Looking at yields is just the starting point – risk level, valuation and other factors also come into play

Continue Reading On theglobeandmail.com »

MONTREAL – Former U.S. secretary of state Hillary Clinton says Canada has a key role to play as NATO braces for more developments linked to the crisis between Russia and Ukraine.
Speaking in Montreal on Tuesday, Clinton said Canada and the U.S. should work together to find a smart way to prevent more conflicts or a situation that gets out of control.
“I think Canada and the United States can inject some real thoughtful analysis as to how we can deter further aggression against free people,” Clinton said during a question-and-answer period that followed her speech to the Board of Trade of Metropolitan Montreal.
“A lot of your military leaders have played significant roles and I think we have to remain closely unified in trying to think of what happens next. How will we deal with what I’m afraid we’re in for, which is a lot of probing and testing.”
Instead of “rattling sabres,” she suggested NATO proceed with its sanctions and provide timely financial and technical support to the government in Kyiv…

Continue Reading On canadianbusiness.com »

WELLINGTON, New Zealand – In another sign of growing economic ties, China on Wednesday allowed its currency to be directly traded with New Zealand’s.
New Zealand Prime Minister John Key announced the start of trading during a trip to China.
Previously, a company that needed to trade New Zealand dollars for Chinese yuan in China had to use a third currency, typically the U.S. dollar.
New Zealand allows open trading of its currency but China has strict capital controls which allow it to control the value of the yuan. It has previously allowed only five currencies to be directly traded with the yuan: the U.S. dollar, the Japanese yen, the Australian dollar, the Russian ruble and the Malaysian ringgit.
China is New Zealand’s largest export market. New Zealand in 2008 became the first developed nation to sign a free trade agreement with China.
Key said the move will make it easier for New Zealanders to do business in China and will stimulate trade and investment.
The post In a sign of growing economic ties, China allows direct currency trading with New Zealand appeared first on Canadian Business.

Continue Reading On canadianbusiness.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!