How to go about securing the best return for your investment in Canada.
Latest News
A breakdown of the big Canadian banks’ third-quarter earnings so far - The Globe and Mail + MORE Aug 27th
A breakdown of the big Canadian banks’ third-quarter earnings so far The Globe and MailBMO, Scotiabank top earnings forecasts but sound wary note for road ahead The Globe and MailTSX scales new peak, lifted by robust bank earnings ca.finance.yahoo.com'Uncertainty m.... More »
Making sense of the markets this week: January 16 + MORE Jan 14th
Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors
Growth vs the Fed: the battle of 2022
This year’s battle for the markets is shaping up. In one corner we have ongoing economic growth. In the other corner we have the Fed.
.... More »
Asian stocks mixed, Europe up as market focus turns to outlook for interest rates + MORE Jul 20th
BEIJING, China – Asian stocks were mixed and Europe rose Monday as investors put Greece’s debt crisis behind them to focus on the outlook for interest rates, corporate earnings and China’s economy.
KEEPING SCORE: In early trading, France’s CAC-40 rose 0.5 per cent to 5,151.91.... More »
How to Handle and Organize SIP Investments in 2017 + MORE Nov 24th
Most of us leave our investment decision to brokers which also include the SIP investments that we make. The broker comes, tells you a few fund names that you should invest in, tells you the benefits of investing in the fund through sip investments and not lump sum investments and then lures you to .... More »
What are call options? Why should retirees care about them? + MORE Feb 10th
Amid the tumult of sharply rising interest rates, stubbornly high inflation and geopolitical risks, stocks have continued to slide. The market rout that began in early 2022 has hit retirees and those saving for retirement particularly hard.
Even bonds, usually thought of as a safe haven for .... More »
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.
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.
George Weston hikes dividend, posts lower profit
– theglobeandmail.com
Food giant posts earnings per share of 78 cents in the first quarter, down from $1.19 a year earlier
George Weston reports a drop in Q1 net earnings but has higher sales
– canadianbusiness.com
TORONTO – George Weston Ltd. (TSX:WN) reported a drop in its first quarter profit and warned of ongoing earnings pressure amid higher costs and expansion plans.
The company, which has been struggling as customers continue to turn away from frozen and baked goods and toward healthier food choices, posted a profit of $109 million, down 32.7 per cent, from $162 million in the same quarter of 2013.
Earnings per share were 78 cents compared with $1.19 year-over-year with the Toronto company saying the decrease was due to the year-over-year unfavourable impact of the forward sale agreement for 9.6 million Loblaw common shares and a number of other items.
Adjusted earnings per share remained flat at 83 cents and adjusted operating income increased to $318 million from $313 million year-over-year, while sales were up 1.6 per cent at $7.61 billion.
Loblaw completed a $12.4-billion deal to acquire Shoppers Drug Mart at the end of March, a purchase that will allow it to better compete against retail giants such as Walmart and provide cash flow of about $1 billion to pay down debt…
The company, which has been struggling as customers continue to turn away from frozen and baked goods and toward healthier food choices, posted a profit of $109 million, down 32.7 per cent, from $162 million in the same quarter of 2013.
Earnings per share were 78 cents compared with $1.19 year-over-year with the Toronto company saying the decrease was due to the year-over-year unfavourable impact of the forward sale agreement for 9.6 million Loblaw common shares and a number of other items.
Adjusted earnings per share remained flat at 83 cents and adjusted operating income increased to $318 million from $313 million year-over-year, while sales were up 1.6 per cent at $7.61 billion.
Loblaw completed a $12.4-billion deal to acquire Shoppers Drug Mart at the end of March, a purchase that will allow it to better compete against retail giants such as Walmart and provide cash flow of about $1 billion to pay down debt…
Barclays earnings hit by sharp fall in investment bank
– theglobeandmail.com
Throws a spotlight on overhaul of the flagging business due to be unveiled in two days by the British bank
