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The best high-interest savings accounts in Canada for 2024 + MORE Dec 23rd
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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How will the outcome of the U.S. election affect financial markets? + MORE Nov 1st
Whichever candidate wins the U.S. president election next Tuesday, experts say investors will be relieved to shed some uncertainty over what kinds of policies to expect.
But macroeconomic factors like interest rate cuts and geopolitical tensions will be far bigger influences on markets in t.... More »
'A Beautiful Mind' mathematician John Nash and wife killed in New Jersey car ... - Haaretz + MORE May 25th
Haaretz'A Beautiful Mind' mathematician John Nash and wife killed in New Jersey car ...HaaretzNash won the Nobel Prize in 1994, and was largely known for his work in game theory and battling paranoid schizophrenia, as described in the 2001 Oscar-winning film. By Haaretz | May 24, 2015 | 5:.... More »
Canadian banks tighten expenses amid shifts in sector, slower growth + MORE Oct 12th
Several big Canadian financial institutions have made cost-cutting announcements in recent months as an uncertain economy, competition threaten profits
.... More »
Biogen to invest $92 million in Puerto Rico, create 350 jobs + MORE Oct 31st
SAN JUAN, Puerto Rico – U.S. drugmaker Biogen Inc. is investing more than $92 million in Puerto Rico after buying assets that once belonged to Eli Lilly & Co. in the island’s southern region.
Gov. Alejandro Garcia Padilla says the Massachusetts-based company will manufacture active p.... More »
U.S. retailer Target Corp reported a stronger-than-expected jump in same-store sales and profits for the key fourth quarter, helped by its expanding online business, and forecast modest earnings growth in the current quarter.
Breaking down HBC’s big deal – and why it matters
– theglobeandmail.com
Make no mistake, HBC’s now a real estate specialist
National Bank of Canada reported that net income rose two per cent in the first quarter of 2015 to $415 million or $1.16 a share.
The case for raising the annual TFSA limit is shaky
– moneysense.ca
In the 2011 election campaign, the Conservatives promised to double the contribution limit for Tax-Free Savings Accounts during their next term when the budget reached balance. We’re now approaching the end of that “next term,” and the budget is pretty close to being balanced, so we’re now seeing increased attention to TFSAs as we get closer to the 2015 federal budget.Here’s how TFSAs work. Interest, dividends, and capital gains generated by assets inside a TFSA are exempt from taxes. There is no deduction up front (as with an RRSP) but there is no taxation of any kind applied when funds are withdrawn. The annual contribution limit was $5,000 from 2009 to 2012, and has been $5,500 from 2013 to 2015. If you add that up, most Canadians now have $36,500 in TFSA contribution room available. For a family with two adults, this is $73,000 of TFSA room.
On Tuesday, the Parliamentary Budget Office released a new report on the fiscal impact of Tax Free Savings Accounts. On the same day, the Broadbent Institute released a similar paper by Rhys Kesselman that examines the Conservative proposal to double the TFSA annual limits to allow more contributions…
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.
