TSX advances amid mixed earnings; traders look to housing, consumer data + MORE Jul 29th

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Study says Canada is falling behind in renewable energy investment - Ottawa Citizen + MORE Feb 29th

Las Vegas Review-JournalStudy says Canada is falling behind in renewable energy investmentOttawa CitizenCanada is dropping behind its major trading partners in renewable energy investment, according to a study from a clean energy advocacy group. Merran Smith of Clean Energy Canada suggests governmen.... More »

Canada pledges financial, technical support to help fight Amazon wildfires in Brazil - The Globe and Mail Aug 26th

Canada pledges financial, technical support to help fight Amazon wildfires in Brazil  The Globe and MailMacron calls Brazilian president 'extremely disrespectful' for mocking his wife  CBC NewsBrazil wary of foreign help with Amazon fires over fear region is 'ripe for invasion': .... More »
 real estate

Adult kids moving home amid pandemic unrest? Embrace it — but set your financial boundaries first + MORE Nov 9th

Discussing the details up front — including rent, food and child care — will save money, confusion and resentment down the road..... More »

Statoil cuts costs, investments after posting fourth-quarter loss due to oil price slump + MORE Feb 6th

STOCKHOLM – Norwegian energy group Statoil ASA says it will cut back on investments and costs as the slump in oil prices prompted a loss in the fourth quarter despite higher production. Statoil’s net loss in the fourth quarter was 8.9 billion kroner ($1.2 billion) compared to a profit of.... More »

Why targeted reforms will raise investment advisers’ standards Jun 5th

The best-interest standard proposed by Ontario and New Brunswick sounds good, but what does it really mean? .... More »
TORONTO – Positive earnings news helped push the Toronto stock market modestly higher Tuesday.
The S&P/TSX composite index rose 22.72 points to 15,467.94.
The Canadian dollar was down 0.15 of a cent to 92.44 cents US.
U.S. indexes were mixed amid a disappointing read on housing prices and ahead of the release of consumer confidence date with the Dow Jones industrials up 25.21 points to 17,007.8, the Nasdaq gained 7.45 points to 4,452.36 and the S&P 500 index added 0.52 of a point to 1,979.43.
WestJet (TSX:WJA) beat forecasts for profit and revenue as it posted a net profit of $51.8 million, or 40 cents per share, up from C$44.7 million, or 34 cents a share, a year earlier.
Revenue rose 10.3 per cent to $930.7 million and its shares ran ahead $1.45 or 5.3 per cent to $28.87.
George Weston Ltd. (TSX:WN) reported a quarterly net loss of $208 million, or $1.71 per share, compared with a net profit of $97 million, or 68 cents per share, in the same quarter of 2013. Total sales were $10…

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WestJet says it recorded higher net earnings of $51.8 million in the second quarter, or 40 cents per share diluted, the airline’s 37th consecutive profitable quarter.

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Financial PostGerman concerns won't kill EU pactFinancial PostThe reported German rejection of Investor-State Dispute Settlement (ISDS) in the Canada-EU trade and investment agreement, while inexcusably late in the day, shouldn't come as a total surprise. The July 26 Sueddeutsche Zeitung report simply articulates …German worries over US investor rights stall Harper's EU trade dealThe Globe and MailGermany may reject proposed CETA agreementNational Union of Public and General EmployeesGermans concerned about CETA investor protection rules: AmbassadorToronto Starmysask.comall 169 news articles »

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5.5 year – 2.60%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.

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CALGARY – The house which was the site of Calgary’s worst mass murder has been put up for sale.
Five young people were slain at an end-of-school party in April at the house near the University of Calgary campus.
The real estate listing for the 1,033 square foot, four-bedroom home puts the asking price at $489,900.
The listing promises a great location on a massive lot but adds it “needs some work to turn it into the gem it can be.”
Matthew de Grood has been charged with first-degree murder in the stabbing deaths of Zackariah Rathwell, 21; Lawrence Hong, 27; Joshua Hunter, 23; Jordan Segura, 22; and Kaiti Perras, 23.
He is to undergo a psychiatric assessment to determine whether he can be found criminally responsible if convicted and will be back in court Aug. 29.
A psychiatric review has already determined that de Grood is fit to stand trial because he understands the charges against him and is able to communicate with his lawyer.
The accused, the son of a senior Calgary police officer, has been in psychiatric care since his arrest…

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