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Does buying GICs still make sense after the recent rate cuts? + MORE Oct 2nd
The Bank of Canada (BoC) recently lowered its policy interest rate by another 25 basis points, from 4.50% to 4.25%. It was the central bank’s third consecutive cut, and economists widely expect more cuts before the end of the year.
What does it mean for Canadians as borrowers and savers when in.... More »
Banning Huawei from building new 5G wireless network won't really hurt Canada's big telecom firms Dec 19th
If the federal government moves to ban Huawei from Canada's 5G network, it is unlikely to have a major financial impact on two of the country's top communication companies who have partnered with the China-based firm, analysts say..... More »
RBC hikes dividend as fourth-quarter profit holds steady on interest-rate boost - The Globe and Mail Nov 30th
RBC hikes dividend as fourth-quarter profit holds steady on interest-rate boost The Globe and MailRBC reports $3.88B Q4 profit, raises quarterly dividend BNN BloombergNational Bank raises dividend but misses expectations Yahoo Canada FinanceScotiabank's fourth-quarte.... More »
Should you buy real estate through a corporation? Sep 26th
One of the main tax benefits of Canadian real estate is the ability to claim an unlimited principal residence exemption on the property value appreciation. One exception may be if the land is more than half a hectare (1.24 acres), unless the minimum municipal lot size at the time you purchased the p.... More »
'We are alive with hope': Iranians look for nuclear deal to lift 'paralyzed' economy + MORE Jun 30th
Stung by sanctions and recession, Iranian investors have one eye on the country's stock exchange, and the other on the international talks about the country's nuclear program..... More »
New Brunswick voters head to polls
– macleans.ca
FREDERICTON – Voters in New Brunswick go to the polls today after a 32-day election campaign that has been fought on job creation and economic development.
The Liberal party led by Brian Gallant is promising to spend $900 million over six years on the province’s infrastructure, which they say would create more than 1,700 jobs a year.
Premier David Alward of the Progressive Conservatives wants to push ahead with the development of the province’s natural resources, including drilling for shale gas.
Hydraulic fracturing, or fracking, for shale gas has been a divisive issue that led to a violent protest last year in Rexton.
Alward believes the province is on the verge of $10 billion in private investment flowing from the shale gas sector and the proposed Energy East Pipeline, which would see oil shipped from Alberta to Saint John.
Gallant is taking a more cautious approach on shale gas, promising a moratorium on fracking, until more study is done on the risks.
The final full day of the campaign on Sunday saw Gallant and Alward pump up the party faithful at a series of rallies and barbecues…
The Liberal party led by Brian Gallant is promising to spend $900 million over six years on the province’s infrastructure, which they say would create more than 1,700 jobs a year.
Premier David Alward of the Progressive Conservatives wants to push ahead with the development of the province’s natural resources, including drilling for shale gas.
Hydraulic fracturing, or fracking, for shale gas has been a divisive issue that led to a violent protest last year in Rexton.
Alward believes the province is on the verge of $10 billion in private investment flowing from the shale gas sector and the proposed Energy East Pipeline, which would see oil shipped from Alberta to Saint John.
Gallant is taking a more cautious approach on shale gas, promising a moratorium on fracking, until more study is done on the risks.
The final full day of the campaign on Sunday saw Gallant and Alward pump up the party faithful at a series of rallies and barbecues…
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.
Key Canada Events: Week of Sept. 22-26
– blogs.wsj.com
A new phone release and earnings from BlackBerry, a speech from the Bank of Canada’s second-in-command, and the latest on retail sales are some of the events on this week’s calendar.
Harper welcomes South Korean president following completion of free trade pact
– canadianbusiness.com
OTTAWA – Prime Minister Stephen Harper is welcoming South Korean President Park Geun-hye to Parliament Hill.
Park is finishing up her state visit to Canada with a meeting in Harper’s Centre Block office.
The two countries announced the completion of a free trade agreement earlier this year after a decade of on-again, off-again negotiations.
The Harper government says the deal would increase Canadian exports to South Korea by 32 per cent and grow the economy by $1.7 billion.
As Canada’s first major trade deal in the Asia-Pacific, it is also seen as a major stepping stone for the country’s trade ambitions in the region.
The South Korean pact and Canada’s recent investment protection agreement with China are seen as important steps towards boosting business ties with Asia to help grow the economy.
The post Harper welcomes South Korean president following completion of free trade pact appeared first on Canadian Business.
Park is finishing up her state visit to Canada with a meeting in Harper’s Centre Block office.
The two countries announced the completion of a free trade agreement earlier this year after a decade of on-again, off-again negotiations.
The Harper government says the deal would increase Canadian exports to South Korea by 32 per cent and grow the economy by $1.7 billion.
As Canada’s first major trade deal in the Asia-Pacific, it is also seen as a major stepping stone for the country’s trade ambitions in the region.
The South Korean pact and Canada’s recent investment protection agreement with China are seen as important steps towards boosting business ties with Asia to help grow the economy.
The post Harper welcomes South Korean president following completion of free trade pact appeared first on Canadian Business.
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.
