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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From government financial support to the expanded summer jobs program, here are four smart money moves to help you weather the storm..... More »
People who say homes ruined by Chinese drywall knock at ‘China’s Great Legal Firewall’ + MORE Sep 7th
NEW ORLEANS – More than a year after suing the Cabinet agency that oversees China’s biggest state-owned companies, lawyers for people who say their homes were ruined by drywall made in China are still trying to get the lawsuit served on the State-Owned Assets Supervision and Administrati.... More »
One of Canada's biggest translation firms faces financial ruin amid a global trail of debts Feb 13th
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Ford hires 400 for Canadian connected car research + MORE Mar 30th
Ford Motor Co. will hire approximately 400 employees from embattled communications company BlackBerry Ltd. as part of sizable new investments in Canada that include a connected-vehicle research centre in Ottawa, the smartphone maker said Thursday.
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Shares soar as Trump hints at possible US-China trade deal - The Guardian Nov 2nd
The GuardianShares soar as Trump hints at possible US-China trade dealThe GuardianThe president's positive remarks about a call with Xi Jinping, and a report that he has asked officials to draw up terms, lift battered markets. Martin Farrer. Fri 2 Nov 2018 02.15 EDT Last modified on Fri 2 Nov 2.... More »
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.
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.
EU antitrust authority approves Bulgaria’s $2.25 billion credit line to banks facing runs
– canadianbusiness.com
BRUSSELS – The European Union’s competition authority says it has approved a 3.3 billion-Lev ($2.25 billion) emergency credit line the Bulgarian government is offering its banks to stabilize the financial system.
Rumours of liquidity shortfalls this month have caused panic and runs on deposits at major Bulgarian banks despite the authorities’ insistence that there was no reason for depositors to worry.
The EU Commission, the 28-nation bloc’s antitrust authority, said Monday Bulgaria’s loan doesn’t violate state aid rules and “provides the necessary and proportionate liquidity” to restore trust in the banks.
The Commission says the rumours hit the banks “despite the fact that the Bulgarian banking system is well capitalized.”
Bulgaria’s fourth-largest lender, Corpbank, has been put under special central bank supervision after suffering a run.
The post EU antitrust authority approves Bulgaria’s $2.25 billion credit line to banks facing runs appeared first on Canadian Business.
Rumours of liquidity shortfalls this month have caused panic and runs on deposits at major Bulgarian banks despite the authorities’ insistence that there was no reason for depositors to worry.
The EU Commission, the 28-nation bloc’s antitrust authority, said Monday Bulgaria’s loan doesn’t violate state aid rules and “provides the necessary and proportionate liquidity” to restore trust in the banks.
The Commission says the rumours hit the banks “despite the fact that the Bulgarian banking system is well capitalized.”
Bulgaria’s fourth-largest lender, Corpbank, has been put under special central bank supervision after suffering a run.
The post EU antitrust authority approves Bulgaria’s $2.25 billion credit line to banks facing runs appeared first on Canadian Business.
120 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.
Why Canada needs to push for a truly multilateral financial system
– theglobeandmail.com
Extending the network of bilateral swap agreements between wealthy countries to developing nations would be a win for everyone
