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Stock news for investors: Rogers sees revenue gain, lifted by Blue Jays’ playoff success + MORE Jan 30th
Here’s a round-up of news for Canadian investors this week.
Rogers
CPKC
CGI
Cascades
Empire
Featured RRSP Accounts
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EQ Bank
Build your retirement savings with 1.5.... More »
Rogers doubles financial award for Writers’ Trust Fiction prize + MORE Sep 26th
(iStock)
This morning the Writers’ Trust of Canada and Rogers Communications announced that the telecommunications and media giant was doubling its annual financial commitment to the Rogers Writers’ Trust Fiction Prize, one of the country’s three major national literary awards. This year’s w.... More »
Making sense of the markets this week: July 19 Jul 19th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Vaccine optimism gives stocks another boost
Wednesday offered some good news on the COVID-19 front. While there are dozens upon dozens of groups working on vaccines, AstraZe.... More »
Creating a will is the “adulting” milestone you need to hit this year Jul 17th
When it comes to self-improvement, most of us have a hard time with follow-through—and whether you stuck to your Keto diet or not, there are likely items on your financial to-do list that just never get crossed off. One of the easy actions to delay is creating a will. After all, no one wants to th.... More »
Alleged identity thief saw details of some 2,200 GM Financial customers + MORE Aug 2nd
GM Financial says information about approximately 2,200 of its customers was "inappropriately accessed" by a former employee who was recently charged in connection with an identity theft scheme, CBC News has learned..... More »
US durable goods orders rose 0.8 per cent in April, but business investment demand declined
– canadianbusiness.com
WASHINGTON – Orders to U.S. factories for long-lasting manufactured goods advanced for a third month in April, but much of the strength came from a big surge in demand for military aircraft. Orders in a category that signals business investment plans fell by the largest amount in three months.
Orders for durable manufactured goods rose 0.8 per cent from the previous month after a 3.6 per cent gain in March and a 2.6 per cent rise in February, the Commerce Department said Tuesday. The April strength came from a big jump in demand for defence goods including airplanes. Excluding defence, orders would have fallen 0.8 per cent in April.
The April orders performance supports the view that the economy should benefit in the coming months from increased production at factories, which will bolster growth and spur further hiring.
Orders for core capital goods, a category viewed as a good proxy for business investment plans, fell 1.2 per cent in April. It was the weakest showing since a 1.9 per cent January drop…
Orders for durable manufactured goods rose 0.8 per cent from the previous month after a 3.6 per cent gain in March and a 2.6 per cent rise in February, the Commerce Department said Tuesday. The April strength came from a big jump in demand for defence goods including airplanes. Excluding defence, orders would have fallen 0.8 per cent in April.
The April orders performance supports the view that the economy should benefit in the coming months from increased production at factories, which will bolster growth and spur further hiring.
Orders for core capital goods, a category viewed as a good proxy for business investment plans, fell 1.2 per cent in April. It was the weakest showing since a 1.9 per cent January drop…
Canadian dollar rises amid rise in U.S. durable goods orders, mixed commodities
– canadianbusiness.com
TORONTO – The Canadian dollar was higher Tuesday as traders considered a heavy slate of economic data.
The loonie was up 0.06 of a cent to 92.14 cents US.
The U.S. Commerce Department reported Tuesday that orders for durable manufactured goods rose 0.8 per cent after a 3.6 per cent gain in March and a 2.6 per cent rise in February. But the April strength came from a big jump in demand for defence goods, including airplanes. Excluding defence, orders would have fallen 0.8 per cent in April.
Orders for core capital goods, a category viewed as a good proxy for business investment plans, fell 1.2 per cent in April.
Traders will also take in the latest reading on American consumer confidence later in the morning.
As far as the Canadian currency is concerned, traders are particularly interested in seeing how the economy performed in the first three months of the year. Statistics Canada releases gross domestic product data for March and the first quarter on Friday. Economists are looking for an annualized rise of 1…
The loonie was up 0.06 of a cent to 92.14 cents US.
The U.S. Commerce Department reported Tuesday that orders for durable manufactured goods rose 0.8 per cent after a 3.6 per cent gain in March and a 2.6 per cent rise in February. But the April strength came from a big jump in demand for defence goods, including airplanes. Excluding defence, orders would have fallen 0.8 per cent in April.
Orders for core capital goods, a category viewed as a good proxy for business investment plans, fell 1.2 per cent in April.
Traders will also take in the latest reading on American consumer confidence later in the morning.
As far as the Canadian currency is concerned, traders are particularly interested in seeing how the economy performed in the first three months of the year. Statistics Canada releases gross domestic product data for March and the first quarter on Friday. Economists are looking for an annualized rise of 1…
Top U.S. executives mark compensation milestone; median pay hits $10-million
– theglobeandmail.com
Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year
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.
30 days – 1.50%
– 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.
