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
Adidas unsure what to do with €1.2bn Yeezy goods - BBC Mar 9th
Adidas unsure what to do with €1.2bn Yeezy goods BBCAdidas earnings take beating on breakup with Kanye West CTV NewsAdidas CEO Floats Idea of Selling Yeezy Gear, Donating Profit BNN BloombergAdidas still weighing what to do with huge inventory of Kanye West’s Yee.... More »
Manulife cutting 700 jobs, consolidating Canadian operations Jun 21st
Manulife Financial Corp. said Thursday it plans to cut about 700 jobs in Canada over the next 18 months as it moves to digitize and combine some of its operations..... More »
How often should you check in on your finances? + MORE Jan 3rd
New year, new financial goals. That’s how many of us begin each January, only to see progress falter as the weeks go on. One way to combat that problem is to create regular check-ins for yourself to stay on track. The Canadian Press spoke to experts to help build out a list of financial tasks .... More »
Bitcoin drops 10% as cryptocurrencies decline with risk assets + MORE Feb 5th
Bitcoin falls for a fifth consecutive day
.... More »
Relax, a stock market pullback was due + MORE Aug 22nd
If your investment plan is sound, the best strategy for weathering the recent stock market correction – an aftershock of the 2008 financial crisis – is to maintain a steady course and not panic
.... More »
Carlos Osorio/APOTTAWA – The Harper government’s push to deliver a balanced budget despite the burden of low oil prices has attracted fresh attention to a potential stockpile of federal cash: a multi-billion-dollar taxpayer stake in the auto business.
The government’s remaining 73.4 million shares in General Motors are now worth more than $3.4 billion in total, thanks to the combined effect of a solid stock price and a weakened Canadian dollar.
In fact, once the Canadian exchange rate is factored in on the U.S.-priced stock, its per-share value is higher than it has been in more than five years.
The government needs to make $4 billion in proceeds from its remaining shares to break even on its initial investment, which would leave it only $600 million short if it sold the stock at current values.
Earlier this month, Ottawa became the only North American government still holding stock acquired as part of the 2009 effort to bail out the then-sputtering automaker.
Ontario’s recent sale of its last GM holdings may add to the federal government’s temptation to offload some — or all — of its own stock…
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.
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.
Ottawa’s multibillion-dollar stake in General Motors could help slay the deficit
– canadianbusiness.com
OTTAWA – The Harper government’s push to deliver a balanced budget despite the burden of low oil prices has attracted fresh attention to a potential stockpile of federal cash: a multi-billion-dollar taxpayer stake in the auto business.
The government’s remaining 73.4 million shares in General Motors are now worth more than $3.4 billion in total, thanks to the combined effect of a solid stock price and a weakened Canadian dollar.
In fact, once the Canadian exchange rate is factored in on the U.S.-priced stock, its per-share value is higher than it has been in more than five years.
The government needs to make $4 billion in proceeds from its remaining shares to break even on its initial investment, which would leave it only $600 million short if it sold the stock at current values.
Earlier this month, Ottawa became the only North American government still holding stock acquired as part of the 2009 effort to bail out the then-sputtering automaker.
Ontario’s recent sale of its last GM holdings may add to the federal government’s temptation to offload some — or all — of its own stock…
The government’s remaining 73.4 million shares in General Motors are now worth more than $3.4 billion in total, thanks to the combined effect of a solid stock price and a weakened Canadian dollar.
In fact, once the Canadian exchange rate is factored in on the U.S.-priced stock, its per-share value is higher than it has been in more than five years.
The government needs to make $4 billion in proceeds from its remaining shares to break even on its initial investment, which would leave it only $600 million short if it sold the stock at current values.
Earlier this month, Ottawa became the only North American government still holding stock acquired as part of the 2009 effort to bail out the then-sputtering automaker.
Ontario’s recent sale of its last GM holdings may add to the federal government’s temptation to offload some — or all — of its own stock…
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.
