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Interest rates are last line of defence on household debt: Poloz - The Globe and Mail Oct 10th
The Globe and MailInterest rates are last line of defence on household debt: PolozThe Globe and MailBank of Canada Governor Stephen Poloz acknowledged on Saturday that rising high household debt represented a key vulnerability of Canada's financial system but said monetary policy should be the .... More »
The best banks in Canada + MORE Jun 23rd
Banking
The best banks in Canada for 2023
With so many options, finding the right bank can be a daunting task. We outline the best banks in Canada for different banking needs.
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Supreme Court won't hear Guy Lafleur's appeal for damages over 2008 arrest - The Globe and Mail Nov 1st
The Globe and MailSupreme Court won't hear Guy Lafleur's appeal for damages over 2008 arrestThe Globe and MailThe Supreme Court of Canada will not hear former NHL great Guy Lafleur's bid to seek damages stemming from an arrest several years ago. Lafleur was seeking financial compensat.... More »
Financial watchdog says too early to tell impact of cap-and-trade in Ontario + MORE Nov 23rd
TORONTO – Ontario’s government spending watchdog says there are too many uncertainties for it to determine the financial impact of the Liberal government’s cap-and-trade program to fight climate change.
The financial accountability office says it’s too early to say if the pro.... More »
Aurora Cannabis Announces Financial Results for the Fourth Quarter and 2019 Fiscal Year - Canada NewsWire + MORE Sep 11th
Aurora Cannabis Announces Financial Results for the Fourth Quarter and 2019 Fiscal Year Canada NewsWireGenerates Net Revenue of $98.9 Million, Up 52% From Prior Quarter Cannabis Net Revenue Increases 61% to $94.6 Million From Prior Quarter Reports Gross ...View full coverage on Google New.... More »
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
3.5 year – 2.30%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online.
Q&A: Why China’s stock market plunged 8 per cent and the rest of the world shrugged
– canadianbusiness.com
Chinese stocks plunged Monday after the country’s securities regulator rapped three major brokerages for continuing to lend money for stock purchases in violation of rules. As punishment for extending so called “margin trading” contracts, the brokerages are forbidden to offer credit to new customers for three months.
— HOW MUCH DID SHARES FALL?
At one point Monday, the Shanghai Composite Index was down 8.3 per cent. It later trimmed that to a loss of 7.7 per cent. Share prices of brokerages were hardest hit, with some falling by the daily loss limit of 10 per cent. Despite the sharp fall, the Shanghai Composite Index is still up 55 per cent in the past 12 months and up 33 per cent for the past three months.
— WHY DID THE MARKET FALL SO MUCH?
Investors and analysts see the penalties against the brokerages as foreshadowing more curbs on credit-financed trading by China’s government. Authorities want to stop the stock market’s boom over the past year from turning into a bubble that could damage the broader economy…
— HOW MUCH DID SHARES FALL?
At one point Monday, the Shanghai Composite Index was down 8.3 per cent. It later trimmed that to a loss of 7.7 per cent. Share prices of brokerages were hardest hit, with some falling by the daily loss limit of 10 per cent. Despite the sharp fall, the Shanghai Composite Index is still up 55 per cent in the past 12 months and up 33 per cent for the past three months.
— WHY DID THE MARKET FALL SO MUCH?
Investors and analysts see the penalties against the brokerages as foreshadowing more curbs on credit-financed trading by China’s government. Authorities want to stop the stock market’s boom over the past year from turning into a bubble that could damage the broader economy…
The world’s new angel investors are women
– macleans.ca
Photograph by Blair GableBack in 2001, at an angel-investing conference in Toronto—a gathering of wealthy individuals who provide early-stage funding to start-up businesses, hence the divine moniker—Coralie Lalonde was an unusual sight. As the precocious mid-thirties founder and CEO of angel-investment group Katsura Investments, she was among peers. But as the event went on, she looked around the room and began to count. “I went, ‘Wait a second, am I the only girl here?’ ” she says.
Indeed, amid the sea of suits, Lalonde spotted fewer than 10 women, and after learning they were representatives from investment firms or government, she realized she was the only female angel among the 134 attendees at the event. Not that she ever felt out of place there, or at any subsequent angel-investor events where the entrepreneur and former contractor for Nortel would hear pitches from companies looking for backers. “It’s not intimidating because I don’t need to be there,” she says…
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
