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Most actively traded companies on the TSX + MORE Aug 7th
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,302.70, down 103.21 points):
Iamgold Corp. (TSX:IMG). Miner. Up eight cents, or 4.06 per cent, to $2.05 on 6.2 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down 27 cents, or 2.88 per cen.... More »
Oil prices rise above $100, North American stock market holds steady as U.S.-Iran tensions continue - CBC + MORE Apr 13th
Oil prices rise above $100, North American stock market holds steady as U.S.-Iran tensions continue CBCOil prices jump on US plans to blockade Iranian ports in Strait of Hormuz CNNPrice at the pump in Toronto could soon eclipse $2 a litre amid U.S threat to blockade Strait of H.... More »
'Makes no sense': New Brunswick man loses his 'free-the-beer' fight - CBC.ca Apr 20th
CBC.ca'Makes no sense': New Brunswick man loses his 'free-the-beer' fightCBC.caAfter a five-year legal battle, a New Brunswick man has lost his bid to be able to stock up on cheap beer in neighbouring Quebec. But the provincial government is hinting it will look at easing limits .... More »
Canadian home sales hit four-year August high as fall market heats up + MORE Sep 16th
The Canadian Real Estate Association says it recorded the most home sales for August in four years, potentially setting the stage for a hot fall market with more choice for buyers.
The association said there were 40,257 home sales across the country last month, up 1.9% from 39,522 in August 2024.... More »
A surprising place to find free financial advice + MORE Jan 19th
Looking for someone to help you learn to manage your money better? Then check out some of the local churches across Canada. Right now, Christians Against Poverty (CAP) Canada is offering three financial services: debt counselling, a free money course and a job counselling program for those interest.... More »
Weekend Readings
– IntelligentSpeculator.net
Wow, it’s been a good week for someone like me that holds decent stakes in Facebook (FB) and Apple (AAPL). I’m not sure why Facebook (FB) has not seen more growth in its price given how good the numbers were but still…! Here are a few readings here:General Readings
-Anonymous stock tips @ BloombergView
-Get used to it: The rich get richer @ TheFiscalTimes
Dividend & Passive Income Readings
-Why China is about to crash your portfolio @ TheDividendGuyBlog
Tech Stock Readings
-Apple knocks it out of the park @ TechCrunch
-AirBnB offers to pay hotel taxes in NYC but hotels say no @ TechCrunch
-Facebook’s plan to conquer the world @ Wired
-Samsung keeping its options open @ TechCrunch
-How can Yahoo be worth less than zero? @ BloombergView
The post Weekend Readings appeared first on Intelligent Speculator.
GM awarded former CEO Akerson just over $9 million in 2013; Barra got $5.2M as product chief
– canadianbusiness.com
DETROIT – Former General Motors CEO Dan Akerson’s compensation fell 18 per cent last year to just over $9 million. The company attributed the decline to the timing of stock awards.
Akerson retired in January. He earned $1.7 million in salary last year, the same as in 2012. But his stock awards fell by almost $2 million to $7.3 million. Spokesman Tom Henderson says Akerson’s short-term stock awards were bumped up in 2012 in anticipation of his 2014 retirement. He gave up some long-term stock awards when he retired.
Akerson’s replacement, Mary Barra, received just over $5.2 million last year as product development chief, up 12 per cent from 2012. GM says she’ll get a package this year worth $14.4 million.
The company disclosed the compensation packages Friday in its annual proxy statement.
The post GM awarded former CEO Akerson just over $9 million in 2013; Barra got $5.2M as product chief appeared first on Canadian Business.
Akerson retired in January. He earned $1.7 million in salary last year, the same as in 2012. But his stock awards fell by almost $2 million to $7.3 million. Spokesman Tom Henderson says Akerson’s short-term stock awards were bumped up in 2012 in anticipation of his 2014 retirement. He gave up some long-term stock awards when he retired.
Akerson’s replacement, Mary Barra, received just over $5.2 million last year as product development chief, up 12 per cent from 2012. GM says she’ll get a package this year worth $14.4 million.
The company disclosed the compensation packages Friday in its annual proxy statement.
The post GM awarded former CEO Akerson just over $9 million in 2013; Barra got $5.2M as product chief appeared first on Canadian Business.
Pension crisis…what crisis?
– moneysense.ca
Creative Commons/ChriscomPensions seem to be a political football that no Canadian politician can resist kicking around. The latest “solution” coming out of Ottawa, floated Thursday, is a new hybrid “target-benefit” pension scheme that would be a sort of middle ground between traditional defined-benefit pensions and the more market-oriented defined-contribution plans favored by modern employers.
I was once briefly enrolled in something like this in the late 1990s when working at the Financial Post. At the time, management was encouraging staff to switch from the DB pension to something called TRIPP, which was basically a defined-contribution plan that “targeted” a certain retirement benefit in the future, but of course this “target” was not a guaranteed promise. In my case, at least, it was ultimately rolled back into my personal RRSP, and it was not a staggeringly large sum. After a few more corporate reorganizations, most of us ended up back in a more traditional DB pension, or opted out to maximize our RRSP room…
90 days – 1.60%
– 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.
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
