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Latest News
Marijuana business expands beyond smoke and rolling papers: Don Pittis Jan 23rd
With new Canadian rules on cannabis legalization just around the corner, money is pouring into an increasingly complex marijuana sector. Is it a sound investment or market euphoria?.... More »
Five ways to worry less about your investments with an all-in-one ETF + MORE Jan 24th
Equity market volatility can spook even the savviest investors into making rash decisions. Periods of pronounced market movements can spark emotional responses: buying high for fear of missing out or panic selling to cut losses.
Generally, these approaches are not beneficial for your long-term fi.... More »
Gold sees more downside price action amid rising bond yields - Kitco NEWS Feb 25th
Gold sees more downside price action amid rising bond yields Kitco NEWSU.S. Stocks Fluctuate While Bond Yields Climb: Markets Wrap Yahoo Canada FinanceUS stocks rally as Powell soothes traders' nerves BNNFed Chairman Powell Helps the Stock Market But Won't Discuss De.... More »
6 mistakes new condo investors make + MORE Aug 19th
Mistake #1: Condo investors trust the floor plan
Ken Grunber, who works at a video production house in Toronto, found out too late that the new condo unit he bought wasn’t nearly as large as advertised. When he and his partner moved in and measured the area, they discovered it wasn’t 700 square.... More »
After major issues with tenants, these Ontario landlords blame their real estate agents - CBC Jul 15th
After major issues with tenants, these Ontario landlords blame their real estate agents CBC.... 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.
Welcome to Canada, Burger King
– macleans.ca
WASHINGTON – Canada’s industry minister told an American audience on Wednesday that the Burger King file has landed on his desk, and he expects it to be processed within a few weeks.
James Moore said he received the formal application late last week for a foreign-investment review of Burger King’s US$11billion takeover of Tim Hortons.
He made that announcement during a luncheon speech in the U.S. capital, where the fast-food giant’s impending move to Canada has prompted expressions of angst over the competitiveness of the American tax code.
Moore said the blockbuster deal didn’t strike him as particularly complicated, as there’s no national-security element and no state-owned enterprise involved, as in the lengthy oilsands saga involving China’s state-owned CNOOC Ltd.
He said he didn’t want to prejudge the outcome of his review. At the same time, he used the takeover to promote Canada as a business-friendly environment. On the off chance that the point had been lost on anyone in the audience there was a, “Canada Open For Business,” sign under the podium…
James Moore said he received the formal application late last week for a foreign-investment review of Burger King’s US$11billion takeover of Tim Hortons.
He made that announcement during a luncheon speech in the U.S. capital, where the fast-food giant’s impending move to Canada has prompted expressions of angst over the competitiveness of the American tax code.
Moore said the blockbuster deal didn’t strike him as particularly complicated, as there’s no national-security element and no state-owned enterprise involved, as in the lengthy oilsands saga involving China’s state-owned CNOOC Ltd.
He said he didn’t want to prejudge the outcome of his review. At the same time, he used the takeover to promote Canada as a business-friendly environment. On the off chance that the point had been lost on anyone in the audience there was a, “Canada Open For Business,” sign under the podium…
Credit-easing steps taken by the world’s central banks, at a glance
– canadianbusiness.com
On Wednesday, the Federal Reserve signalled that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar.
It said it intends to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market. The Fed reiterated that it plans to keep short-term rates low “for a considerable time” after it ends its monthly bond purchases in November.
Earlier in the day, investors were cheered by news reports that China’s central bank would inject a total of 500 billion yuan ($81 billion) into the five biggest state banks over three months. Additional financial system liquidity would build on measures to strengthen growth amid a bout of weak economic data. There was no official confirmation of the reports.
Here are steps that major central banks around the world have taken to try to bolster their economies:
— FEDERAL RESERVE
Interest rates: The Fed plans to keep its key short-term rate at a record low…
It said it intends to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market. The Fed reiterated that it plans to keep short-term rates low “for a considerable time” after it ends its monthly bond purchases in November.
Earlier in the day, investors were cheered by news reports that China’s central bank would inject a total of 500 billion yuan ($81 billion) into the five biggest state banks over three months. Additional financial system liquidity would build on measures to strengthen growth amid a bout of weak economic data. There was no official confirmation of the reports.
Here are steps that major central banks around the world have taken to try to bolster their economies:
— FEDERAL RESERVE
Interest rates: The Fed plans to keep its key short-term rate at a record low…
FedEx stock jumps as profit up 24%
– cbc.ca
FedEx earned $606 million US in its first fiscal quarter, a 24 per cent increase from last year as shipping volumes continue to rise and the company reduced its stock repurchases.
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.
