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Toronto stock index up, Wall Street mixed, as loonie moves lower + MORE Feb 16th
TORONTO – Rising oil prices helped Canada’s main stock index move higher, capping off a week of strong gains for North American markets .
The Toronto Stock Exchange’s S&P/TSX composite index was up 44.98 points to 15,452.64, led by the influential energy sector.
South of the bo.... More »
What rising bond rates tell us about the future Mar 8th
If one were to make a ranked list of which asset classes and securities are most fun to watch, fixed income would be near the bottom, just ahead of money market funds. You certainly won’t find any Redditors calling for bonds to rocket to the moon. However, the impression that bonds are boring is n.... More »
What is short-term disability insurance? Sep 14th
Short-term disability (STD) insurance provides income for someone over a short period of time if they can’t work because they’re ill or injured, have been in an accident, or are in the hospital. STD insurance is often offered by employers as part of their workplace benefits package. It’s not .... More »
Got a tip about a white-collar crime? Ontario securities watchdog now pays up to $5M for info + MORE Jul 14th
Ontario's stock market regulator has unveiled what it says is Canada's first program to pay for tips from whistleblowers in the securities industry, offering up to $5 million to people whose tips lead to enforcement action..... More »
The best GIC rates in Canada for 2026 May 25th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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90 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.
Time for a reality check on bank stocks: Roseman
– thestar.com
Canadian banks do well in the long term as an investment, but often go through temporary declines. They’re in one now, but should recover.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.
Toyota raises forecast as quarterly profit jumps 14 per cent, overseas sales rise on weak yen
– canadianbusiness.com
TOKYO – Toyota Motor Corp., the world’s No. 1 automaker, raised its earnings forecast Wednesday after third quarter profit jumped 14 per cent, boosted by a weak yen.
Toyota reported a better-than-expected 600 billion yen ($5.1 billion) profit for the three months through December. Quarterly sales of 7.17 trillion yen ($61 billion) were up 9 per cent year-on-year.
Analysts surveyed by FactSet had forecast a quarterly profit of 540 billion yen ($4.6 billion).
The Japanese automaker, which makes the Camry sedan, Prius hybrid and Lexus luxury model, expects a profit of 2.13 trillion yen ($18 billion) for the fiscal year through March, up nearly 17 per cent from the previous year. It had previously projected a 2 trillion yen ($17 billion) profit.
Toyota has held the top spot in global vehicle sales for three years straight, selling 10.23 million vehicles last year, beating Volkswagen AG of Germany and U.S. rival General Motors Co.
Toyota’s bottom line has gotten a lift from the cheap yen, although Managing Officer Taku Sasaki also credited cost cuts…
Toyota reported a better-than-expected 600 billion yen ($5.1 billion) profit for the three months through December. Quarterly sales of 7.17 trillion yen ($61 billion) were up 9 per cent year-on-year.
Analysts surveyed by FactSet had forecast a quarterly profit of 540 billion yen ($4.6 billion).
The Japanese automaker, which makes the Camry sedan, Prius hybrid and Lexus luxury model, expects a profit of 2.13 trillion yen ($18 billion) for the fiscal year through March, up nearly 17 per cent from the previous year. It had previously projected a 2 trillion yen ($17 billion) profit.
Toyota has held the top spot in global vehicle sales for three years straight, selling 10.23 million vehicles last year, beating Volkswagen AG of Germany and U.S. rival General Motors Co.
Toyota’s bottom line has gotten a lift from the cheap yen, although Managing Officer Taku Sasaki also credited cost cuts…
