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“Everything companies”: How Amazon’s playbook is reshaping competition in Canada + MORE Oct 28th
Canadian companies are nowhere near the size and scale of Amazon, but some of our most beloved brands now see themselves less as industry leaders and more as collections of varied financial assets. Consumers think of companies as offering goods and services, but this is not necessarily how companies.... More »
Laurentian Bank to acquire Canadian arm of CIT Group + MORE Jun 30th
MONTREAL – Laurentian Bank of Canada (TSX:LB) has reached an agreement with New York-based CIT Group Inc. to acquire its Canadian equipment financing and corporate financing activities.
The Montreal-based bank didn’t announce the full purchase price but did say it would pay for part of t.... More »
Freshii aims to add 150 to 160 restaurants this year + MORE Mar 22nd
Freshii released its first earnings report since it began trading on the TSX, reporting $16.1-million in revenue
.... More »
May was hottest month for house sales in over 5 years, CREA says + MORE Jun 15th
The average sale price of a Canadian resale home has eclipsed $450,000 for the first time, the Canadian Real Estate Association says..... More »
3.5 year - 2.30% + MORE Jan 26th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online..... More »
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.
From the internal report on GM’s mishandled ignition switch recall to the federal government’s new anti-spam laws causing headaches, and $2,000 Stanley Cup tickets, it was a busy week in financial news. CBC Producer Jacqueline Hansen will catch you up with our business week wrap.
Wilbur Ross using new IPO to fund asset purchase
– theglobeandmail.com
The ‘blank cheque‘ company doesn’t currently have a business plan other than to engage in a merger or acquisition
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.
The weeks after Findependence Day
– moneysense.ca
(Photograph by Jonathan Chevreau)As MoneySense Editor Duncan Hood mentioned in his latest Editor’s Letter, my personal Findependence Day (or Financial Independence Day) was May 20, my last day as a full-time employee at Rogers Publishing. The concept of Findependence and Findependence Day can be found in chapter one of the financial novel of the same name, and which is the chief focus of this blog.
At one point in the book, I say that the day after Findependence Day may be just like the one before it, except that from this moment on you work because you want to, not because you have to. Right now, I neither have to nor want to, so I’m declaring this summer a sabbatical. After 35 consecutive years in journalism, with never more than two weeks off in a row, it’s a long-awaited chance to do a lot of reading and thinking and exploring new opportunities.
Is semi-retirement the best of all worlds?
Some of the books I’ve been reading are What Color is Your Parachute? For Retirement; Mitch Anthony’s The New Retirementality; Ian Taylor’s Are you ready for Semi-Retirement? and others I’ll mention in future posts…
