The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Her home insurance company dumped her after two modest claims. Here's how to make sure it doesn't happen to you Aug 18th
Ruth Blair's insurance broker eventually had a change of heart, but cases of nonrenewal are spiking, experts say, as companies lower their risk to sweeten corporate mergers..... More »
The best high-interest savings accounts in Canada for 2024 + MORE May 21st
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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The best TFSAs in Canada for 2021 Sep 20th
As the name suggests, tax-free savings accounts (TFSAs) offer a tax break on contributions—meaning that, unlike with a regular savings account or non-registered investment account, what you earn inside your TFSA isn’t taxed, even when you make a withdrawal. TFSAs are flexible, too, allowing you .... More »
Why bond mutual funds are a great way to control risk + MORE Jul 26th
Resist the temptation to sell your bond funds because of their low returns. They provide needed 'ballast' in the event of stormy stock markets..... More »
Stock market news live updates: Stocks rally, Intel craters, as inflation data cools - Yahoo Canada Finance Jan 27th
Stock market news live updates: Stocks rally, Intel craters, as inflation data cools Yahoo Canada FinanceU.S. stocks retreat as traders weigh earnings, PCE data BNN BloombergStocks Jump As Recession Fears Ease BarchartNasdaq 100 Heading for Best Week Since November: .... More »
Sears Holdings 1st-quarter loss widens as its sales continues to drop
– canadianbusiness.com
HOFFMAN ESTATES, Ill. – Sears’ first-quarter loss widened as the beleaguered retailer’s sales declined amid its ongoing struggle to attract shoppers.
Sears Holdings Corp. — which operates Kmart and its namesake stores — has been cutting costs, reducing inventory and selling assets to return to profit. At the same time, it’s shifting away from its focus on running a store network into a member-focused business.
The latest results show the heavy challenges that remain.
Chairman and CEO Edward Lampert said in a statement on Thursday that Sears is seeing progress in its shift to a member-focused business, with first-quarter member sales comprising 74 per cent of eligible sales — the highest level ever.
The executive said the biggest drag on sales has occurred in the consumer electronics businesses at its Kmart and Sears stores.
The Hoffman Estates, Illinois-based company lost $402 million, or $3.79 per share, for the period ended May 3. That compares with a loss of $279 million, or $2…
Sears Holdings Corp. — which operates Kmart and its namesake stores — has been cutting costs, reducing inventory and selling assets to return to profit. At the same time, it’s shifting away from its focus on running a store network into a member-focused business.
The latest results show the heavy challenges that remain.
Chairman and CEO Edward Lampert said in a statement on Thursday that Sears is seeing progress in its shift to a member-focused business, with first-quarter member sales comprising 74 per cent of eligible sales — the highest level ever.
The executive said the biggest drag on sales has occurred in the consumer electronics businesses at its Kmart and Sears stores.
The Hoffman Estates, Illinois-based company lost $402 million, or $3.79 per share, for the period ended May 3. That compares with a loss of $279 million, or $2…
120 days – 1.70%
– 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.
RBC profit climbs 15% on strong domestic lending, capital markets
– theglobeandmail.com
Earnings get boost from wealth management and capital markets arms
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.
Couillard cuts social programs, warns of tough times ahead for Quebec – The Globe and Mail
– news.google.ca
Vancouver SunCouillard cuts social programs, warns of tough times ahead for QuebecThe Globe and MailIn his first address to the National Assembly as Premier, Philippe Couillard warned tough times are ahead as Quebec seeks to put its financial house in order. In the end, the sacrifice will pay off though with more jobs and lower taxes, he promised. For the first …Analysis: Couillard sets stage for turbulent transitionMontreal GazettePrepare for belt-tightening, Premier Philippe Couillard tells QuebecersCTV NewsQuebec Premier Couillard vows to review corporate subsidies, cut spendingFinancial PostCBC.ca -Vancouver Sunall 55 news articles »
