Red Lobster sold to Golden Gate Capital for $2.1B + MORE May 16th

How to go about securing the best return for your investment in Canada.
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Sun Life Financial swings to higher profits in third quarter as revenue falls + MORE Nov 9th

CEO Dean Conner says the quarter showcased its many examples of bringing client-driven strategies to life .... More »

What to consider when naming investment account beneficiaries Jun 24th

When opening certain investment accounts, investors may have the option to designate a beneficiary. It is important to consider the implications in order to minimize tax payable and ensure estate wishes are fulfilled upon the death of an account holder. RRSP Registered Retirement Savings Plans (RRSP.... More »

Questrade trading fees: Good news for Canadian investors Feb 12th

With a TV ad aired during the 2025 Super Bowl on February 9, digital brokerage Questrade has announced it will offer commission-free stock and exchange-traded fund (ETF) trades henceforward. That brings to three the number of 0% commission investment brokers available to Canadians, along with Wealth.... More »
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Alibaba prices stock at $68 US in $22B IPO + MORE Sep 18th

Chinese e-commerce company Alibaba will price its shares at $68 US when it lists on the New York Stock Exchange Friday, valuing the firm at $168 billion..... More »

MoneySense at the MoneyShow: Capital gains and ETF sessions + MORE Nov 15th

MoneySense is pleased invite readers to two virtual MoneyShow conferences: Commercial Real Estate for the Private Investors on Wednesday, November 20 ETFs & Investing Strategies Canada Virtual Expo on Wednesday, November 27 Commercial Real Estate for the Private Investors Join us .... More »
Former Quebec premier Jean Charest says Canada is sending China the wrong signals by delaying the ratification of the foreign investment promotion and protection agreement announced two years ago.

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Six things to know about real estate depositsWhen you make an offer on a house you have to put down a deposit. Here are some things to keep in mind.

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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.

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Darden Restaurants says it will sell its Red Lobster chain to investment firm Golden Gate Capital in a $2.1 billion cash deal.

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PORTLAND, Maine — The company purchasing the assets of a railroad responsible for a fiery oil train derailment that claimed 47 lives in Quebec plans to resume oil shipments after track safety improvements are made, the firm’s top executive said Friday.
John Giles, president and CEO of Central Maine and Quebec Railway, said he hopes to have an agreement with officials in Lac Megantic, Quebec, within 10 days that would allow the railroad to ship nonhazardous goods, restoring the vital link between the railroad’s operations to the east and west of the community.
The company plans to spend $10 million on rail improvements in Canada over the next two years with a goal of resuming oil shipments in 18 months, he said.
“In the interest of safety, and I think being sensitive toward a social contract with Lac Megantic, we have chosen not to handle crude oil and dangerous goods through the city until we’ve got the railroad infrastructure improved, and made more reliable,” he told The Associated Press…

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