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TFSA contribution room calculator + MORE Jan 10th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
TFSA is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-traded funds .... More »
Jack Dorsey’s Square Inc. files for IPO + MORE Oct 15th
Square Inc, the mobile payments company co-founded by Twitter Chief Executive Jack Dorsey, filed with U.S. regulators for an initial public offering of common stock
.... More »
Why 2026 could be a year to rent, not buy + MORE Jan 28th
The “new year’s special” advertising a two-bedroom unit at a midtown Toronto highrise might be what draws you in when searching for your next home—an offer for up to three months of free rent, plus a $500 “move-in bonus.” Or perhaps a year of complementary internet, on top of two mon.... More »
BlackBerry to end internal hardware development, work to be outsourced + MORE Sep 28th
WATERLOO, Ont. – BlackBerry says it plans to end all internal hardware development — signalling a strategic shift for a company that built its reputation on innovative smartphone technology created at its base in Waterloo, Ont.
The hardware development work will be outsourced to BlackBerry&#.... More »
Canada's big banks admit they overcharged customers — what went wrong? - CBC.ca + MORE Jun 28th
CBC.caCanada's big banks admit they overcharged customers — what went wrong?CBC.caOn Tuesday, Royal Bank was the last of Canada's five big banks to get slapped with a multi-million dollar penalty for charging customers excess fees for investment products like mutual funds. In some cases,.... 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.
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.
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.
Detached homes in Vancouver are being snapped up by local buyers, with some going for more than 20 percent over the asking price, according to local real estate agents.
CIBC lays off workers as banks face slowdown in consumer borrowing
– canadianbusiness.com
TORONTO – Canadian Imperial Bank of Commerce (TSX:CM) has become the latest Canadian bank to trim its head count as it looks for ways to improve efficiency at a time when all of the country’s top lenders face a slowdown in consumer borrowing.
A report in the Wall Street Journal Thursday said CIBC has cut more than 500 jobs over the past two weeks.
CIBC currently has about 44,500 Canadian employees, according to the bank.
A spokesman said the cuts reflect CIBC’s efforts to realign its resources and improve efficiency but provided no details.
The bank said in a statement that it plans to hire more than 5,000 employees this year, despite the layoffs, but didn’t say how many would be to fill vacancies and how many would be new positions.
Back in November, Scotiabank (TSX:BNS) announced plans to cut 1,500 jobs worldwide, roughly two-thirds of them in Canada.
Scotiabank said the Canadian job cuts were due to plans to centralize and automate several branch functions and reduce operational support for its wealth management activities…
A report in the Wall Street Journal Thursday said CIBC has cut more than 500 jobs over the past two weeks.
CIBC currently has about 44,500 Canadian employees, according to the bank.
A spokesman said the cuts reflect CIBC’s efforts to realign its resources and improve efficiency but provided no details.
The bank said in a statement that it plans to hire more than 5,000 employees this year, despite the layoffs, but didn’t say how many would be to fill vacancies and how many would be new positions.
Back in November, Scotiabank (TSX:BNS) announced plans to cut 1,500 jobs worldwide, roughly two-thirds of them in Canada.
Scotiabank said the Canadian job cuts were due to plans to centralize and automate several branch functions and reduce operational support for its wealth management activities…
