TSX getting you down? There are always sound investment alternatives.
Latest News
Recovering from GIC sticker shock Jan 15th
If you’re a retiree or near-retiree relying on GICs for your fixed-income investments, no doubt you’re facing GIC sticker shock as previously invested GICs are reaching maturity. If before you were getting 2% to 3% on 2-, 3-, 4- or 5-year GICs, you may be shocked to discover you’ll be lucky to.... More »
47% of workers living paycheque to paycheque + MORE Sep 6th
TORONTO — A new survey by the Canadian Payroll Association suggests nearly half of workers are living paycheque to paycheque due to soaring spending and debt levels.
The poll found that 47 per cent of respondents said it would be difficult to meet their financial obligations if their paycheque wa.... More »
90 days - 1.75% + MORE Feb 1st
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
How the coronavirus pandemic could change the way we think about retirement in Canada Apr 29th
Over the past few decades, the concept of retirement has grown increasingly more sophisticated. Canadians preparing for retirement have been able to contemplate a variety of highly personalized approaches—from early (or even very early) retirement; to active, phased, or working retirement; and mor.... More »
Poilievre, Singh call on Carney to publicly disclose assets, possible conflicts - National Post + MORE Mar 20th
Poilievre, Singh call on Carney to publicly disclose assets, possible conflicts National PostI want a successful, well-travelled, well connected prime minister Toronto StarOpinion: The modern kings of politics need not be questioned The Globe and MailNew PM Carney an.... More »
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.
Alibaba boosts IPO price as demand strengthens
– theglobeandmail.com
Chinese e-commerce company raises price range to $66 (U.S.) to $68, for a potential offering of almost $22-billion
CREA raises 2014 home sales forecast
– moneysense.ca
OTTAWA – The Canadian Real Estate Association raised its home sales forecast Monday on the back of stronger than expected sales in recent months after a slow start to the year.The association said sales through its Multiple Listing Service are now expected to total 475,000 homes for 2014, up from a June prediction of 463,400.
The new forecast would mean sales would be up 3.8 per cent compared with 2013.
The association said the frigid winter delayed the start to the spring home buying season and helped boost sales in May and June.
“Although this boost was and still is expected to be transitory, sales have yet to show signs of cooling as activity strengthened slightly further over the summer,” CREA said in its updated forecast.
“The increase reflects continuing strength in home sales among large urban markets that initially drove the spring rebound together with gains in markets where activity had previously struggled to gain traction. Lowered mortgage interest rates supported this trend…
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.
Business Highlights
– canadianbusiness.com
___
‘Minecraft’ could boost Microsoft’s mobile reach
NEW YORK (AP) — Microsoft’s decision to spend $2.5 billion for the creator of the hit game “Minecraft” could help the Xbox maker grab attention on mobile phones, a new priority for the company.
But the move carries risks, as gamers can be fickle. Although the Lego-like multiplayer game is currently the top paid app for the iPhone and Android devices in the U.S., today’s popular hit could be tomorrow’s dud. The maker of the much obsessed-over “Candy Crush Saga,” for example, rode the game’s popularity to go public this year, only to see its stock falter.
In addition, the founders of Mojang, the Swedish company behind “Minecraft,” aren’t staying with Microsoft. That could raise questions about Mojang’s ability to create another big hit.
___
GM expert says 19 deaths eligible for compensation
DETROIT (AP) — The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company…
‘Minecraft’ could boost Microsoft’s mobile reach
NEW YORK (AP) — Microsoft’s decision to spend $2.5 billion for the creator of the hit game “Minecraft” could help the Xbox maker grab attention on mobile phones, a new priority for the company.
But the move carries risks, as gamers can be fickle. Although the Lego-like multiplayer game is currently the top paid app for the iPhone and Android devices in the U.S., today’s popular hit could be tomorrow’s dud. The maker of the much obsessed-over “Candy Crush Saga,” for example, rode the game’s popularity to go public this year, only to see its stock falter.
In addition, the founders of Mojang, the Swedish company behind “Minecraft,” aren’t staying with Microsoft. That could raise questions about Mojang’s ability to create another big hit.
___
GM expert says 19 deaths eligible for compensation
DETROIT (AP) — The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company…
