How to go about securing the best return for your investment in Canada.
Latest News
London: Is It Too Expensive For New Businesses? Jul 9th
The allure of London is strong for anyone who’s grown up in the sticks, those places where a cover band in the local pub is about as close to cosmopolitanism as they’ll ever get. To a lot of people outside of major cities, London is a capital filled with bright lights, glittering careers in th.... More »
Scotiabank CEO downplays concerns raised over Canadian debt levels + MORE Mar 21st
TORONTO _ Scotiabank’s chief executive says he disagrees with recent red flags raised over Canada’s high debt levels by an international body, and that he is “comfortable” with the lender’s risk profile.
Brian Porter told a University of Toronto conference that he had a.... More »
60 days - 2.00% + MORE Dec 13th
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 »
The best GIC rates in Canada for 2026 May 25th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Stock market today: Stocks wobble as earnings roll in, Powell comments on inflation - Yahoo Finance Apr 16th
Stock market today: Stocks wobble as earnings roll in, Powell comments on inflation Yahoo FinanceFed Chair Powell says there has been a 'lack of further progress' this year on inflation CNBCFed's Jerome Powell suggests elevated inflation will likely delay interest rate cuts thi.... More »
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.
30 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.
90 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.
Begrudgingly, NY judge obeys higher court and approves $285M Citigroup settlement with SEC
– canadianbusiness.com
NEW YORK, N.Y. – A Manhattan judge begrudgingly approved a long-delayed $285 million settlement between Citigroup Inc. and government regulators Tuesday over toxic mortgage securities, but not without a parting shot at the appeals court that forced his hand.
“They who must be obeyed have spoken,” U.S. District Judge Jed S. Rakoff wrote as he said the deal met the requirements the 2nd U.S. Circuit Court of Appeals set in a June decision that found Rakoff had overstepped his authority.
Rakoff rejected the deal in November 2011, saying the settlement was “neither fair, nor reasonable, nor adequate, nor in the public interest.”
The settlement was reached after Citigroup was accused of making $160 million by betting against a complex mortgage investment in 2007 while investors lost millions.
In part, Rakoff had ridiculed the size of the settlement and the fact that it did not require Citigroup to admit wrongdoing. Citigroup routinely reports billions of dollars in profits…
“They who must be obeyed have spoken,” U.S. District Judge Jed S. Rakoff wrote as he said the deal met the requirements the 2nd U.S. Circuit Court of Appeals set in a June decision that found Rakoff had overstepped his authority.
Rakoff rejected the deal in November 2011, saying the settlement was “neither fair, nor reasonable, nor adequate, nor in the public interest.”
The settlement was reached after Citigroup was accused of making $160 million by betting against a complex mortgage investment in 2007 while investors lost millions.
In part, Rakoff had ridiculed the size of the settlement and the fact that it did not require Citigroup to admit wrongdoing. Citigroup routinely reports billions of dollars in profits…
July 2014 Dividend Income Update
– myownadvisor.ca
Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss my approach to investing using Canadian dividend paying stocks and some Exchange Traded Funds (ETFs) to help reach financial freedom. There is more to my portfolio beyond these investments but this approach is a big part of it.
Outside of a few ETFs in my RRSP, I now own about 30 Canadian dividend paying stocks with no intention of selling any of them in the short-term, including this one that has cost me a few hundred bucks in losses to date. (I’m tempted to hold this lame duck until I can offset some capital gains next year). Let me know in a comment what you would do…
Over the last six years or so, I’ve picked my spots to buy then hold my Canadian dividend paying stocks. In my portfolio I now own:
• Multiple financial companies,
• Multiple energy and utility companies,
• Multiple material companies,
• Multiple telecommunications companies, and
• Multiple infrastructure companies…
Outside of a few ETFs in my RRSP, I now own about 30 Canadian dividend paying stocks with no intention of selling any of them in the short-term, including this one that has cost me a few hundred bucks in losses to date. (I’m tempted to hold this lame duck until I can offset some capital gains next year). Let me know in a comment what you would do…
Over the last six years or so, I’ve picked my spots to buy then hold my Canadian dividend paying stocks. In my portfolio I now own:
• Multiple financial companies,
• Multiple energy and utility companies,
• Multiple material companies,
• Multiple telecommunications companies, and
• Multiple infrastructure companies…
