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Caisse warns Montreal transit project to cost more + MORE Nov 25th
Quebec pension fund says it will raise its investment by $100-million to $3.1-billion; Montreal to invest $100-million
.... More »
National Bank error exposed personal information of customers online + MORE Sep 21st
National Bank of Canada says a website error may have exposed the personal information of nearly 400 of its customers, including their names, birthdates, phone number and email address.
The Canadian lender says in a statement the problem related to an electronic form on its website and did not expos.... More »
'Strong but not stellar' quarter for Netflix shows higher profit, but slower subscriber growth + MORE Jul 17th
Netflix released second quarter earnings after stock markets closed on Monday, and while the streaming giant revealed it added fewer new customers than anticipated, it still added more than 5 million people to its customer base in the past three months..... More »
$611 million in Sears Canada dividend payments under review by court monitor + MORE Jan 17th
TORONTO _ Hundreds of millions of dollars of dividends doled out to Sears Canada shareholders are coming under scrutiny by the former retailer’s court-appointed monitor, according to a new report in the company’s insolvency proceedings.
The report also highlights the tens of millions of .... More »
Red Hat stock up 47% after $34B US takeover by IBM Oct 29th
Shares of Red Hat skyrocketed 47 per cent at the opening of trading in New York Monday after IBM, in the biggest acquisition of its 100-year history, acquired the software company..... More »
3.5 year – 2.20%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-10-20. Click on the link above to get more details or apply online.
Cuba seeks to woo more than $8 billion in foreign investment at international trade fair
– canadianbusiness.com
HAVANA – Cuba is asking international firms to invest more than $8 billion in the island as it attempts to kick start a centrally planned economy starved for cash and hamstrung by inefficiency.
Foreign Commerce Minister Rodrigo Malmierca Diaz has announced a list of 246 projects Cuba wants that would require $8.7 billion in investment, ranging from farms to a light auto plant.
The list announced Monday at Havana’s International Fair is the latest step in Cuba’s push for foreign capital that also includes a law relaxing conditions for investment and the creation of a special trade zone in the Mariel port west of Havana.
Cuba says foreign investment must reach $2 billion annually to increase an economic growth rate not expected to exceed 1 per cent this year.
The post Cuba seeks to woo more than $8 billion in foreign investment at international trade fair appeared first on Canadian Business.
Foreign Commerce Minister Rodrigo Malmierca Diaz has announced a list of 246 projects Cuba wants that would require $8.7 billion in investment, ranging from farms to a light auto plant.
The list announced Monday at Havana’s International Fair is the latest step in Cuba’s push for foreign capital that also includes a law relaxing conditions for investment and the creation of a special trade zone in the Mariel port west of Havana.
Cuba says foreign investment must reach $2 billion annually to increase an economic growth rate not expected to exceed 1 per cent this year.
The post Cuba seeks to woo more than $8 billion in foreign investment at international trade fair appeared first on Canadian Business.
Exports Seen Bolstering Canadian Economy Next Year
– blogs.wsj.com
Improving exports will underpin stronger Canadian growth next year, the Conference Board of Canada says, but business investment will take longer to strengthen.
5 things your financial adviser isn’t telling you
– moneysense.ca
(Getty Images)1. Fees are my friend. New regulations currently being put in place will force advisers to disclose exactly how much you pay in fees on your mutual funds, but that doesn’t mean complete disclosure. “Fee-only planners don’t manage money so they’re approached all the time by investment advisers looking for a referral in return for a referral fee,” says certified financial planner Jason Heath. “These fees often aren’t disclosed.”
2. Great advisers specialize. It pays to pick an adviser who specializes in the area where you need help. For instance, if your marriage breaks down, you might want an adviser with a financial divorce specialist designation. Keep in mind that you’ll likely need more than one adviser in your lifetime—one for investment management and one for retirement and tax planning.
3. I don’t need to put your interests first. Advisers aren’t fiduciaries like lawyers. “It’s just a suitability standard that applies to their recommendations and conduct,” says Heath…
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
