There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Russia-Ukraine live updates: NATO chief tells Russia it cannot win nuclear war - The Globe and Mail Mar 23rd
Russia-Ukraine live updates: NATO chief tells Russia it cannot win nuclear war The Globe and MailNATO calls on China to condemn Russia's war in Ukraine Reuters.comCan China broker an end to Russia's war in Ukraine? The GuardianChina and Russia's military relationship.... More »
TD banker specializing in financial institutions to leave + MORE Sep 16th
Departure marks another change for the dealer’s coverage group
.... More »
The best TFSAs in Canada for 2023 + MORE Jul 4th
Tax-free savings accounts (TFSAs) offer a deceptively simple promise: A place where your money can grow without taking a tax hit at the time of withdrawal. However, the value goes beyond that. Unlike their name suggests, TFSAs are more than a simple tax-sheltered savings account.
Since they were.... More »
Weekend Reading – Why bother with retirement, top picks, housing bubble and more #money stuff + MORE Jul 8th
Save, invest, prosper with My Own Advisor.
Weekend Reading Welcome to another Weekend Reading edition. I hope you had a great week; a great Canada Day last weekend and to my friends state-side an enjoyable Independence Day this week. Here was my article this week in case you missed it: What should.... More »
Tricks the world's super wealthy use to hide assets offshore + MORE Apr 4th
A look at the various ways wealthy investors move money in and out of offshore companies and accounts, often staying under the taxman's radar..... More »
Canada ratifies China investment deal, may help smooth relations – South China Morning Post (subscription)
– news.google.ca
CTV NewsCanada ratifies China investment deal, may help smooth relationsSouth China Morning Post (subscription)Canada has finally ratified a foreign investment protection agreement with China after a two-year delay in a step that may help ease tensions between the two countries and smooth the way for a possible visit to China by Prime Minister Stephen Harper.Canada Ratifies Controversial Trade Deal with ChinateleSUR EnglishCanada ratifies investment deal with China despite opposition warningsTimes ColonistCanada ratifies China deal, may help smooth relationsReuters CanadaTheTyee.caall 68 news articles »
Chinese industrial production slows to 6.9 per cent growth in August amid weaker export demand
– canadianbusiness.com
BEIJING, China – China’s factory output in August slowed to 6.9 per cent from a year earlier amid waning export demand and a slump in real estate development that has undermined steel and cement production, according to data released by the National Bureau of Statistics.
The growth rate for industrial production in August was down sharply from 9.0 per cent in July.
In other data, fixed assets investment in non-rural areas of China rose 16.5 per cent in the January-August period compared with the same period a year earlier.
Industrial production was slowing amid weaker exports to major markets in Japan, Europe and the United States and the saturation of China’s domestic markets for vehicles and mobile phones after years of rapid growth, the bureau of statistics said.
The cooler summer months this year in eastern China, one of the country’s most economically active areas, also helped cut the national electricity production by 2.2 per cent in August, the first time power production decreased since 2009, the bureau said…
The growth rate for industrial production in August was down sharply from 9.0 per cent in July.
In other data, fixed assets investment in non-rural areas of China rose 16.5 per cent in the January-August period compared with the same period a year earlier.
Industrial production was slowing amid weaker exports to major markets in Japan, Europe and the United States and the saturation of China’s domestic markets for vehicles and mobile phones after years of rapid growth, the bureau of statistics said.
The cooler summer months this year in eastern China, one of the country’s most economically active areas, also helped cut the national electricity production by 2.2 per cent in August, the first time power production decreased since 2009, the bureau said…
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.
Mexico removes limits on monthly US dollar cash deposits by businesses in border region
– canadianbusiness.com
MEXICO CITY – The Mexican government will no longer limit the monthly cash deposits of U.S. dollars that border businesses can make if the companies allow authorities to monitor their financial transactions and meet other requirements, the president announced Friday.
President Enrique Pena Nieto said the $14,000 monthly cash deposit limit set in 2010 by the previous administration to fight the laundering of drug money has hurt honest businesses.
Companies on Mexico’s border with the United States won’t be limited on cash deposits if they can show they have been established for at least three years, allow authorities to monitor financial transactions and prove they need to make deposits larger than $14,000 a month to operate, Pena Nieto said.
He said the change will help “fight money laundering but without affecting businesses and corporations that work honestly.”
In 2010, Mexico set some of the toughest restrictions in its history on dollar cash transactions, seeking to fight money laundering that was fueling a bloody drug war…
President Enrique Pena Nieto said the $14,000 monthly cash deposit limit set in 2010 by the previous administration to fight the laundering of drug money has hurt honest businesses.
Companies on Mexico’s border with the United States won’t be limited on cash deposits if they can show they have been established for at least three years, allow authorities to monitor financial transactions and prove they need to make deposits larger than $14,000 a month to operate, Pena Nieto said.
He said the change will help “fight money laundering but without affecting businesses and corporations that work honestly.”
In 2010, Mexico set some of the toughest restrictions in its history on dollar cash transactions, seeking to fight money laundering that was fueling a bloody drug war…
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.
