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My three kids chose different educational paths. How do I withdraw RESP funds in a way that’s fair to them and avoids unnecessary taxes? + MORE Sep 1st
Q. I have a registered education savings plan (RESP) for my three children, the youngest of whom is starting university this fall. We have made some withdrawals for the older two kids but the plan is still well-funded. Our middle child has decided to pursue a co-op university program, which is .... More »
Most actively traded companies on the TSX + MORE Jan 10th
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,384.92, down 72.80 points):
Goldgroup Mining Inc. (TSX:GGA). Miner. Unchanged at 13 cents on 21.3 million shares.
Bombardier Inc. (TSX:BBD.B). Transportation. Down 21 cents, or.... More »
Carney visiting Qatar to drum up investment despite 'brutal' human rights record Jan 17th
Carney's office said he will be seeking more trade access and partnerships in artificial intelligence, infrastructure, energy and defence while in Qatar..... More »
PM hopes to attract billions in private capital for infrastructure projects + MORE Nov 14th
TORONTO – Justin Trudeau and nine members of his cabinet are in Toronto today to meet with some of the world’s most powerful institutional investors with trillions of dollars at their disposal.
The prime minister is hoping to persuade some two dozen representatives of large international.... More »
University lecturer faces discipline over alleged bad investments that cost clients $324K Jun 15th
A financial adviser who teaches University of Regina business students how to manage investments is being prosecuted by an investment industry watchdog for allegedly mishandling the money of single mothers and retirees..... More »
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
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.
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.
90 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Dutch bank ING says it will cut 1,700 jobs, take $400 million charge to cover costs
– canadianbusiness.com
AMSTERDAM – ING Group NV, the Dutch bank, says it will cut 1,700 jobs, or 2.7 per cent of its workforce, to cut costs.
An additional thousand jobs will be lost at external suppliers, the bank said in a statement Tuesday.
ING said the cuts are part of a move to expand its digital banking operations and jobs will be lost “at the headquarters of ING Retail Banking and in the back offices, call centres and IT departments.”
The company will book a 320 million euro ($400 million) charge to cover costs, and expects to save 270 million euros annually from 2017.
Earlier this month, ING paid back the last of a 10 billion euro bailout it received from the Dutch state during the financial crisis of 2008.
The post Dutch bank ING says it will cut 1,700 jobs, take $400 million charge to cover costs appeared first on Canadian Business.
An additional thousand jobs will be lost at external suppliers, the bank said in a statement Tuesday.
ING said the cuts are part of a move to expand its digital banking operations and jobs will be lost “at the headquarters of ING Retail Banking and in the back offices, call centres and IT departments.”
The company will book a 320 million euro ($400 million) charge to cover costs, and expects to save 270 million euros annually from 2017.
Earlier this month, ING paid back the last of a 10 billion euro bailout it received from the Dutch state during the financial crisis of 2008.
The post Dutch bank ING says it will cut 1,700 jobs, take $400 million charge to cover costs appeared first on Canadian Business.
