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How to Improve Your Employees’ Financial Wellness Apr 3rd
In today’s challenging economy, Canadians seek ways to stretch their hard-earned dollars and minimize financial strain. But learning how to make the most of every paycheque isn’t always clear or easy, which can cause added stress. Employers can help empower their employees to achieve financial w.... More »
The best GIC rates in Canada for 2025 + MORE Oct 20th
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.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
A quick guide to how income distributions on ETFs and mutual funds work Apr 12th
Q. I’m wondering if the reinvested income in mutual funds and ETFs paid only to existing investors who hold the units at the time of the distribution. If I sold my holding just before the distribution, am I out of luck? Or would the income still accrue to me, since I held the shares when that inco.... More »
Time to let the world know Canada is a financial giant + MORE Dec 11th
While the prominence of our financial sector continues to grow, it is noteworthy that it is also very often underestimated on the international stage
.... More »
5 things to know before the stock market opens Thursday - CNBC Aug 31st
5 things to know before the stock market opens Thursday CNBCU.S. stocks up again in 'bad news is good news' world BNN BloombergStocks Finish Higher as Speculation Builds for a Less Aggressive Fed BarchartStock market today: Global shares trade higher ahead of US upda.... More »
Toronto stock market higher amid worse than expected economic data from eurozone
– canadianbusiness.com
TORONTO – The Toronto stock market was modestly higher Thursday amid dismal economic data from Europe.
The S&P/TSX composite index advanced 32.42 points to 15,295.15.
The Canadian dollar was up 0.12 of a cent to 91.72 cents US, a day ahead of the release of revised employment data for July. Statistics Canada said earlier this week it had discovered an error in the jobs data that was originally released last Friday.
U.S. indexes registered small gains as Wal-Mart cut its annual profit forecast with the Dow Jones industrials ahead 11.78 points to 16,663.58, the Nasdaq was 4.45 points ahead to 4,438.57 and the S&P 500 index climbed 2.96 points to 1,949.68.
Wal-Mart also reported net income of $4.09 billion, or $1.26 per share, compared with $4.07 billion, or $1.24 per share, in the same quarter a year ago. Ex-items, earnings were $1.21 per share, which met analysts’ expectations. Revenue rose roughly three per cent to $119.34 billion, a shade ahead of expectations for $119…
The S&P/TSX composite index advanced 32.42 points to 15,295.15.
The Canadian dollar was up 0.12 of a cent to 91.72 cents US, a day ahead of the release of revised employment data for July. Statistics Canada said earlier this week it had discovered an error in the jobs data that was originally released last Friday.
U.S. indexes registered small gains as Wal-Mart cut its annual profit forecast with the Dow Jones industrials ahead 11.78 points to 16,663.58, the Nasdaq was 4.45 points ahead to 4,438.57 and the S&P 500 index climbed 2.96 points to 1,949.68.
Wal-Mart also reported net income of $4.09 billion, or $1.26 per share, compared with $4.07 billion, or $1.24 per share, in the same quarter a year ago. Ex-items, earnings were $1.21 per share, which met analysts’ expectations. Revenue rose roughly three per cent to $119.34 billion, a shade ahead of expectations for $119…
Bitcoin ATMs arrive in shopping centres across Toronto
– moneysense.ca
TORONTO – A Calgary company is looking to boost the profile of the world’s newest, and most controversial, currency with the launch of six more teller machines in Toronto that deal in the virtual currency Bitcoin.
“With Toronto being the main commercial centre, I think it’s a natural fit,” said Kyle Kemper, vice-president of business development with CAVITREX, a Bitcoin exchange and service provider, at the launch Tuesday in Toronto’s financial district.
“We’re flexible, dynamic and we’re on the forefront of technology and I think that’s something we can be proud of,” he added.
Kemper said the six new machines, which have been installed in select locations, brings the number of Bitcoin teller machines in Toronto to 19 and a total of 30 across Canada.
Bitcoins, created in 2009, are an international virtual currency that are traded online and not regulated by banks or a central authority. Their appeal lies in the ability to make online transactions with relative anonymity and without fees…
“With Toronto being the main commercial centre, I think it’s a natural fit,” said Kyle Kemper, vice-president of business development with CAVITREX, a Bitcoin exchange and service provider, at the launch Tuesday in Toronto’s financial district.
“We’re flexible, dynamic and we’re on the forefront of technology and I think that’s something we can be proud of,” he added.
Kemper said the six new machines, which have been installed in select locations, brings the number of Bitcoin teller machines in Toronto to 19 and a total of 30 across Canada.
Bitcoins, created in 2009, are an international virtual currency that are traded online and not regulated by banks or a central authority. Their appeal lies in the ability to make online transactions with relative anonymity and without fees…
Ottawa is violating Canadians' constitutional rights to help the US collect taxes – National Post
– news.google.ca
National PostOttawa is violating Canadians' constitutional rights to help the US collect taxesNational PostThis week, two Ontario women launched a lawsuit against the Canadian government for agreeing to turn over the personal financial information of “U.S. persons” residing in Canada to the United States government. The deal may not sound outrageous on its …and more »
Shell sells shale assets in La., Wyo. for $2.1B; gains some Pa., Ohio land in return
– canadianbusiness.com
HOUSTON – Royal Dutch Shell says it has agreed to sell drilling rights in shale formations in Louisiana and Wyoming for $2.1 billion in two transactions.
Shell also said Thursday that it will also receive drilling rights to land in Ohio and Pennsylvania.
Shell is working to focus its onshore U.S. drilling program on a few of the more prolific formations in an effort to boost profitability. The company wrote down the value of its shale acreage in the U.S. by $2.1 billion last year amid lower natural gas prices.
Shell will sell its Pinedale acreage in Wyoming to Ultra Petroleum for $925 million and 155,000 acres in the Utica and Marcellus shale formations in Ohio and Pennsylvania.
It will sell its Haynesville acreage in Louisiana Vine Oil and gas and Blackstone for $1.2 billion.
The post Shell sells shale assets in La., Wyo. for $2.1B; gains some Pa., Ohio land in return appeared first on Canadian Business.
Shell also said Thursday that it will also receive drilling rights to land in Ohio and Pennsylvania.
Shell is working to focus its onshore U.S. drilling program on a few of the more prolific formations in an effort to boost profitability. The company wrote down the value of its shale acreage in the U.S. by $2.1 billion last year amid lower natural gas prices.
Shell will sell its Pinedale acreage in Wyoming to Ultra Petroleum for $925 million and 155,000 acres in the Utica and Marcellus shale formations in Ohio and Pennsylvania.
It will sell its Haynesville acreage in Louisiana Vine Oil and gas and Blackstone for $1.2 billion.
The post Shell sells shale assets in La., Wyo. for $2.1B; gains some Pa., Ohio land in return appeared first on Canadian Business.
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.
