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60 days - 1.75% + MORE Sep 21st
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »
North American stock markets regain some of the ground lost earlier this week Oct 12th
North American stock markets shot higher in early trading, regaining some of the steep losses from earlier this week. The Canadian dollar traded higher at 76.83 cents US compared with an average of 76.70 cents US on Thursday..... More »
The struggle to put Venezuela back on the path to economic health: Don Pittis May 22nd
Oil wealth alone should make all Venezuelan families U.S. dollar millionaires. What went wrong and how can it be fixed?.... More »
What’s behind Canadian reluctance to do business in Asia? + MORE Jun 12th
Corruption, rule of law, and impediments to trade and investment among several concerns
.... More »
Making sense of the markets this week: November 16 Nov 13th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The stock markets cheer the vaccine news from Pfizer
Pfizer’s vaccine announcement is certainly the big story of the week, just as the U.S. election was the story last wee.... More »
Ontario consultant agrees to pay US$6.2M IN SEC stock manipulation probe
– canadianbusiness.com
WASHINGTON – The U.S. Securities and Exchange Commission says an Ontario-based consultant has agreed to pay US$6.2 million to settled charges related to illegal reverse merger schemes involving two China-based companies and related charges of stock manipulation.
In addition to the payment, the SEC says S. Paul Kelley will be barred from the securities industry as well as participation in any penny stock offering.
The SEC alleged that Kelley, from the Toronto area, and three of his associates acquired controlling interests in two U.S. public shell companies in order to orchestrate reverse mergers with China Auto Logistics Inc. and Guanwei Recycling Corp.
They then hired stock promoter Shawn Becker of Overland Park, Kan., and others to tout the two companies’ unregistered stock to investors.
“Kelley and his associates engaged in various forms of manipulative trading in order to further drive up the price and volume of China Auto and Guanwei Recycling stock and they profited when they dumped their shares into the inflated market they created,” the SEC said Monday in a posting on its website…
In addition to the payment, the SEC says S. Paul Kelley will be barred from the securities industry as well as participation in any penny stock offering.
The SEC alleged that Kelley, from the Toronto area, and three of his associates acquired controlling interests in two U.S. public shell companies in order to orchestrate reverse mergers with China Auto Logistics Inc. and Guanwei Recycling Corp.
They then hired stock promoter Shawn Becker of Overland Park, Kan., and others to tout the two companies’ unregistered stock to investors.
“Kelley and his associates engaged in various forms of manipulative trading in order to further drive up the price and volume of China Auto and Guanwei Recycling stock and they profited when they dumped their shares into the inflated market they created,” the SEC said Monday in a posting on its website…
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.
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.
Invest like a hedge fund: What the best money managers think
– theglobeandmail.com
It’s the only beauty pageant with the potential to rattle financial markets.
The Canada Post Group of companies had an operating loss of $193 million in 2013, with the sale of its Vancouver sorting station and other real estate helping to offset losses on mail delivery.
