There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Do you have real estate FOMO? What you need to know before it affects your finances + MORE May 3rd
The fear of missing out on owning a home, a.k.a. real estate FOMO, can be a powerful feeling—especially if you’re watching from the sidelines as home values soar. “I think of all the ‘high-priced’ $600,000 homes I could have purchased,” says Candice Best, a public relations executive bas.... More »
Canadian manufacturer pivots to 'huge' market in India as country tries to strike trade deal - CBC May 29th
Canadian manufacturer pivots to 'huge' market in India as country tries to strike trade deal CBCIndia’s Union Minister Shri Piyush Goyal Visits BAPS Shri Swaminarayan Mandir, Toronto, ON, Canada BAPS Swaminarayan SansthaIndian business leaders’ mission concludes in Toronto .... More »
China bans private cars from ride-hailing apps in move that could hurt Uber expansion + MORE Jan 9th
BEIJING, China – Chinese regulators have banned drivers of private cars from offering services through ride-hailing apps, adding a new legal hurdle to Uber Technologies Ltd.’s global expansion.
The Ministry of Transport said only licensed taxis and limousines may use ride-hailing apps, w.... More »
Couche-Tard's Q2 earnings up 9% from acquisitions, fuel sales + MORE Nov 27th
The world's second-biggest convenience store operator beat revenue expectations, as the Quebec-based retailer's net earnings rose nine per cent in its most recent quarter thanks in part to acquisitions, improved fuel sales and lower taxes..... More »
Main street Canada businesses say old property tax methods of cities not fair + MORE May 30th
HALIFAX – Matina Aucoin says she can’t understand why she has to send $3,800 a year in property tax to her city government for a parking lot that requires no service.
“I know it costs the city zero,” she says in an interview at the Zephyr furniture shop on Halifax’s Qui.... More »
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.
Malaysia Airlines loss widens, apologizes for promotional tweet criticized as insensitive
– canadianbusiness.com
KUALA LUMPUR, Malaysia – Malaysia Airlines on Friday said its loss widened last quarter and apologized for a promotional tweet slammed as insensitive after two deadly passenger jet disasters this year.
In its last public financial result before a planned privatization and overhaul, the flag carrier said its net loss in the July-September quarter rose 53 per cent from a year earlier to 576.1 million ringgit ($170.3 million).
The airline’s business has suffered after a Malaysia Airlines jet with 239 people on board, mostly from China, went missing March 8 while en route to Beijing. No trace of it has been found. In July, a Malaysia Airlines jet was shot down over Ukraine, killing all 298 people on board.
As the airline’s overhaul gathers pace, it said Friday it will continue to focus on building revenue through aggressive marketing and promotions, and better capacity management.
However, its marketing strategy came under fire after the airline tweeted Thursday, “Want to go somewhere, but don’t know where?” It removed the tweet Friday, saying it was meant to inspire travellers but “unintentionally caused offence to some…
In its last public financial result before a planned privatization and overhaul, the flag carrier said its net loss in the July-September quarter rose 53 per cent from a year earlier to 576.1 million ringgit ($170.3 million).
The airline’s business has suffered after a Malaysia Airlines jet with 239 people on board, mostly from China, went missing March 8 while en route to Beijing. No trace of it has been found. In July, a Malaysia Airlines jet was shot down over Ukraine, killing all 298 people on board.
As the airline’s overhaul gathers pace, it said Friday it will continue to focus on building revenue through aggressive marketing and promotions, and better capacity management.
However, its marketing strategy came under fire after the airline tweeted Thursday, “Want to go somewhere, but don’t know where?” It removed the tweet Friday, saying it was meant to inspire travellers but “unintentionally caused offence to some…
Businesses beyond the oilpatch taking crude price slump in stride
– canadianbusiness.com
CALGARY – For International Motor Cars, a luxury dealership in Calgary, the oilpatch is big business.
But as crude prices have shifted into a lower gear, so too has demand for posh rides from energy industry customers, said general sales manager David Baker.
Baker figures the dealership has sold 30 per cent fewer cars this year compared to 2013.
“I believe it’s in direct correlation to the oilpatch,” he said.
Crude for January delivery dropped below US$70 per barrel on Thursday, down six per cent on news that the Organization of Petroleum Exporting Countries would maintain its output of 30 million barrels per day. There were hopes OPEC would move to put a floor under prices that have fallen about 30 per cent since mid-summer.
The previous day, the Alberta government predicted that crude prices would hover at around $75 for the remainder of the fiscal year, and warned of “tough decisions” if oil stays at that level.
Still, the chief economist at one of Western Canada’s biggest financial institutions is not raising the alarm…
But as crude prices have shifted into a lower gear, so too has demand for posh rides from energy industry customers, said general sales manager David Baker.
Baker figures the dealership has sold 30 per cent fewer cars this year compared to 2013.
“I believe it’s in direct correlation to the oilpatch,” he said.
Crude for January delivery dropped below US$70 per barrel on Thursday, down six per cent on news that the Organization of Petroleum Exporting Countries would maintain its output of 30 million barrels per day. There were hopes OPEC would move to put a floor under prices that have fallen about 30 per cent since mid-summer.
The previous day, the Alberta government predicted that crude prices would hover at around $75 for the remainder of the fiscal year, and warned of “tough decisions” if oil stays at that level.
Still, the chief economist at one of Western Canada’s biggest financial institutions is not raising the alarm…
Reuters CanadaCanada economy slows to 2.8 percent growth in third quarterReuters CanadaNov 28 (Reuters) – Canada's economy grew at a higher-than-expected annualized rate of 2.8 percent in the third quarter, following second quarter growth of 3.6 percent, Statistics Canada data indicated on Friday. Exports of goods rose at an annualized rate of …Canada's Expansion Tops Forecasts as Exports Lead GrowthBloombergCanada's economy grows more than expected, but investment, exports slowFinancial PostExporters, consumers drive GDP 2.8% higher in third quarterThe Globe and Mail (subscription)Westman Journal -CanadianManufacturing.comall 31 news articles »
In Switzerland, a gold rush to arms
– macleans.ca
Fabrice Coffrini/AFP/Getty ImagesThe Swiss, it seems, have referendums for just about everything: gun control, the deportation of criminal foreigners—even a ban on construction of new minarets. On Nov. 30, they’ll hold a referendum on Swiss gold that could affect global gold markets and have wide-ranging consequences for the nation’s economy.
In Switzerland, a country of eight million, any citizen or group that gathers at least 100,000 signatures over 18 months can force a federal referendum on popular initiatives. The Swiss People’s Party (SVP) did just that in 2011 when it launched its “Save our Swiss gold” initiative. The right-wing nationalist party, led by Toni Brunner, a dashing, 40-year-old farmer, rose dramatically on the Swiss political scene in the late 1990s with its nationalistic and anti-immigration “eurosceptic” outlook. While the country is ruled by a coalition, SVP holds more seats than any other single party in Switzerland’s Federal Assembly.
The SVP, saying it wants to preserve national sovereignty, is calling for the Swiss National Bank to increase its gold reserves to at least 20 per cent of assets, ship home all physical gold held overseas, and cease selling gold…
