All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
90 days - 2.00% + MORE Dec 16th
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online..... More »
North American stock markets fall after inflation spike raises fears of rate hikes - CP24 Toronto's Breaking News Nov 10th
North American stock markets fall after inflation spike raises fears of rate hikes CP24 Toronto's Breaking NewsMarket check Nov 10: Stocks move lower after hotter than expected inflation data Yahoo FinanceStock market news live updates: Stocks fall after hotter-than-expected in.... More »
Bauer-owner Performance Sports to sell assets to Sagard, Fairfax + MORE Jan 26th
Move comes after no other competing bids for company emerged
.... More »
Ottawa’s new ‘it’ neighbourhood + MORE Mar 8th
Wellington West was once a rough part of town. But the city’s multimillion-dollar investment in infrastructure launched its transformation into a hip haven for shopping, culture and food
.... More »
Malaysian ex-PM Najib charged with breach of trust, graft - Ottawa Citizen + MORE Jul 4th
Ottawa CitizenMalaysian ex-PM Najib charged with breach of trust, graftOttawa CitizenKUALA LUMPUR, Malaysia — Former Malaysian Prime Minister Najib Razak was charged Wednesday with criminal breach of trust and corruption, two months after a multibillion-dollar graft scandal at a state investment f.... More »
Alberta Heritage Savings Trust Fund earned $2.1B in 2013-14; sits at $17.5B
– canadianbusiness.com
EDMONTON – The Alberta government says its nest egg earned $2.1 billion in the last fiscal year — a 16 per cent rate of return.
The value of the Heritage Savings Trust Fund now sits at $17.5 billion.
Most of the money earned is being moved into general revenue to pay for government programs.
Just under $200 million is being kept in the fund, as required by law, to protect against inflation.
The heritage fund was set up under former premier Peter Lougheed as a long-term savings account generated by Alberta’s oil wealth.
Initially, the government deposited 30 per cent of non-renewable resource revenues into the fund.
Those deposits stopped during hard times in the 1980s, but began again in 2005.
The post Alberta Heritage Savings Trust Fund earned $2.1B in 2013-14; sits at $17.5B appeared first on Canadian Business.
The value of the Heritage Savings Trust Fund now sits at $17.5 billion.
Most of the money earned is being moved into general revenue to pay for government programs.
Just under $200 million is being kept in the fund, as required by law, to protect against inflation.
The heritage fund was set up under former premier Peter Lougheed as a long-term savings account generated by Alberta’s oil wealth.
Initially, the government deposited 30 per cent of non-renewable resource revenues into the fund.
Those deposits stopped during hard times in the 1980s, but began again in 2005.
The post Alberta Heritage Savings Trust Fund earned $2.1B in 2013-14; sits at $17.5B appeared first on Canadian Business.
Uneasiness grows over Wall Street’s perceived lack of fear
– theglobeandmail.com
‘It’s quiet out there,’ says Robert Buckland, chief global stock strategist at Citigroup. ‘Eerily quiet.’
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-05-31. Click on the link above to get more details or apply online.
Report: Climate change a huge economic risk – USA TODAY
– news.google.ca
USA TODAYReport: Climate change a huge economic riskUSA TODAYClimate change poses profound risks to the U.S. economy and needs to be addressed immediately, says a bipartisan report Tuesday by a coalition of financial leaders that includes three former Treasury secretaries. Two of the most severe impacts — sea …Paulson, Bloomberg Agree Global Warming Is Risky BusinessBloombergBusiness leaders say climate change threatens economyKTVA CBS 11 News AlaskaUS report frames climate change as an economic issueCTV NewsPhys.Org -Watertown Daily Timesall 274 news articles »
