The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Elderly Nova Scotia couple reunited in same nursing home following appeal - CBC.ca + MORE Apr 8th
CBC.caElderly Nova Scotia couple reunited in same nursing home following appealCBC.caEdwin and Marjorie Crossland were separated after 70 years when Edwin, 91, was assessed as not needing the same type of nursing home care as his wife, who suffers from dementia. (Submitted by Tammy Crossland). An An.... More »
EU moves to shore up borders, boost refugee co-operation with Turkey - Hamilton Spectator + MORE Oct 16th
Hamilton SpectatorEU moves to shore up borders, boost refugee co-operation with TurkeyHamilton SpectatorA young girl waits with her family to enter a migrant processing centre after arriving from Turkey onto the island of Lesbos on Thursday in Mytilene, Greece. Dozens of rafts and boats are still ma.... More »
Am I on track to retire after being laid off? + MORE May 10th
(Photograph by Jessica Balfour)
The current situation
Coleen Cudmore is single and lives in Kelowna, B.C., where, until recently, she was a manager at an insurance company. When her branch was closed in January, she received a severance package. Now, she plans to retire in December, when she turns 5.... More »
Get a grip on inequality, leaders urged in run-up to Davos - The Province + MORE Jan 18th
New York PostGet a grip on inequality, leaders urged in run-up to DavosThe ProvinceDAVOS, Switzerland - The world's political and business elite are being urged to do more than pay lip service to growing inequalities around the world as they head off for this week's World Economic Forum in.... More »
Making sense of the markets this week: May 14, 2023 May 12th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
U.S. Inflation continues to move in the right direction
Despite the strong April jobs report in the United States, overall inflatio.... More »
Iamgold to sell Quebec niobium mine to Magris-led group in US$530-million deal
– canadianbusiness.com
TORONTO – Iamgold Corp. (TSX:IMG) will sell its Niobec mine in Quebec for about US$500 million to a group led by Aaron Regent, a veteran mining executive who has previously been CEO of two major Canadian companies — Barrick Gold (TSX:ABX) and Falconbridge, a copper and nickel producer that was later sold to Xtrata.
Regent now heads Magris Resources, a Toronto-based company that has partnered on the Niobec deal with Hong Kong-based CEF Holdings Ltd (CEF) and Temasek, a Singapore-based investment manager.
“We are delighted that we have been able to reach an agreement to acquire Niobec from Iamgold,” Regent said in a statement before North American markets opened Friday.
The Niobec mine is one of the world’s three largest producers of niobium, a silvery metalic element used in steel alloys, arc welding and superconductors.
Iamgold, another Toronto-based company that focuses mainly on gold production in several countries, will receive an additional US$30 million with an adjacent rare earth deposit, once it goes into commercial production, making the total Niobec deal worth about US$530 million…
Regent now heads Magris Resources, a Toronto-based company that has partnered on the Niobec deal with Hong Kong-based CEF Holdings Ltd (CEF) and Temasek, a Singapore-based investment manager.
“We are delighted that we have been able to reach an agreement to acquire Niobec from Iamgold,” Regent said in a statement before North American markets opened Friday.
The Niobec mine is one of the world’s three largest producers of niobium, a silvery metalic element used in steel alloys, arc welding and superconductors.
Iamgold, another Toronto-based company that focuses mainly on gold production in several countries, will receive an additional US$30 million with an adjacent rare earth deposit, once it goes into commercial production, making the total Niobec deal worth about US$530 million…
North American stocks head for strong open amid strong U.S. employment data
– canadianbusiness.com
TORONTO – The Toronto stock market was set for a higher open Friday as data showed a healthy increase in U.S. job creation during September.
The U.S. Labor Department reported that the American economy created 248,000 jobs last month, which handily beat expectations of about 215,000. The jobless rate ticked down 0.2 of a point to 5.9 per cent, the lowest level since July 2008. August job creation was revised upward from 142,000 to 180,000.
Canadian employment data for last month will be released next Friday.
U.S. futures ran ahead smartly with the Dow Jones industrial futures ahead 100 points to 16,824, the Nasdaq futures gained 27.5 points to 4,005.5 and the S&P 500 futures ran up 13.75 points to 1,952.25.
The Canadian dollar was down 0.41 of a cent to 89.17 cents US as the greenback strengthened following the jobs data.
The loonie was also pressured by subpar trade data.
Statistics Canada said that Canada‘s trade balance hit a deficit of $615 million, down from a surplus of $2…
The U.S. Labor Department reported that the American economy created 248,000 jobs last month, which handily beat expectations of about 215,000. The jobless rate ticked down 0.2 of a point to 5.9 per cent, the lowest level since July 2008. August job creation was revised upward from 142,000 to 180,000.
Canadian employment data for last month will be released next Friday.
U.S. futures ran ahead smartly with the Dow Jones industrial futures ahead 100 points to 16,824, the Nasdaq futures gained 27.5 points to 4,005.5 and the S&P 500 futures ran up 13.75 points to 1,952.25.
The Canadian dollar was down 0.41 of a cent to 89.17 cents US as the greenback strengthened following the jobs data.
The loonie was also pressured by subpar trade data.
Statistics Canada said that Canada‘s trade balance hit a deficit of $615 million, down from a surplus of $2…
BCE gets enough stock from Aliant shareholders to take regional affliate private
– canadianbusiness.com
MONTREAL – BCE Inc. (TSX:BCE) has received more than 90 per cent of the publicly held common shares of Bell Aliant (TSX:BA) and will now move to acquire the res under a $3.95-billion privitization plan announced in July. BCE had already owned 44 per cent of Halifax-based Aliant’s common stock. The Montreal-based parent of Bell Canada says it expects to pay for the tendered Aliant stock on Tuesday.
The post BCE gets enough stock from Aliant shareholders to take regional affliate private appeared first on Canadian Business.
The post BCE gets enough stock from Aliant shareholders to take regional affliate private 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.
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.
