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Study says Canada is falling behind in renewable energy investment - Ottawa Citizen + MORE Feb 29th
Las Vegas Review-JournalStudy says Canada is falling behind in renewable energy investmentOttawa CitizenCanada is dropping behind its major trading partners in renewable energy investment, according to a study from a clean energy advocacy group. Merran Smith of Clean Energy Canada suggests governmen.... More »
Calgary office vacancy rate headed for 30% as oil price downturn persists + MORE Nov 9th
CALGARY – Real estate firm Cushman & Wakefield is ranking Calgary with Moscow, Houston, and Aberdeen, Scotland, as the “oil-centric cities” whose downtown office real estate markets have been hardest hit by the global oil price shock.
In a new report, it predicts the vacancy ra.... More »
Top International Dividend ETFs for your portfolio – 2017 Apr 30th
Save, invest, prosper with My Own Advisor.
Top International Dividend ETFs
Diversification remains the only free lunch that comes with investing – Modern Portfolio Theory.
According to this theory – one that remains embraced by most financial academics – we can enhance portfolio return.... More »
Could you become a millionaire by investing the minimum wage hike? + MORE Jan 23rd
(Shutterstock)
Ontario Premier Kathleen Wynne increased the minimum wage from $11.60 per hour to $14.00 per hour on January 1, 2018. The rate will rise to $15.00 on January 1, 2019, meaning a 29% total increase. Besides Alberta and the territories, the other Canadian provinces have minimum wages of .... More »
What to do when banks give questionable financial advice to seniors + MORE Feb 12th
Q: Do you have any advice for an 80-year old? I have $180k invested in GIC and mutual funds. I am having problems with the bank to produce a financial statement of actual costs. They will give trailing fees but say actual MER costs are unavailable.
So, I am looking to change my investments.
At my ag.... More »
Seniors and debt – how to take back control
– theglobeandmail.com
Credit counselling firms are seeing more people heading into retirement weighed down by financial baggage
CIBC boosts payout as profit beats expectations
– theglobeandmail.com
First-quarter earnings were $923-million, down from nearly $1.2-billion in the same period last year
CIBC sees decline in Q1 profit amid changes at Aeroplan credit card business
– canadianbusiness.com
TORONTO – CIBC (TSX:CM) is reporting a 21.6 per cent decline in first quarter net income compared with a year ago, when the bank had a onetime gain from selling part of its Aeroplan credit card business.
Net income for the three months ended Jan. 31 was $923 million, down from $1.177 billion in the first quarter of 2014.
CIBC’s retail and business banking segment accounted for $650 million of the net income, down 13 per cent from the first quarter of 2014, which included a one-time $123-million gain from the sale of half its Aeroplan credit card portfolio.
Excluding the Aeroplan transaction as well as charges related to an internal reorganization and other items, CIBC’s overall adjusted net income was $956 million, up from $951 million.
Adjusted net icome at CIBC’s retail and business banking dropped four per cent or $25 million to $618 million.
CIBC’s profit equalled $2.28 per share of net income and $2.36 per share of adjusted earnings — above analyst estimates of $2…
Net income for the three months ended Jan. 31 was $923 million, down from $1.177 billion in the first quarter of 2014.
CIBC’s retail and business banking segment accounted for $650 million of the net income, down 13 per cent from the first quarter of 2014, which included a one-time $123-million gain from the sale of half its Aeroplan credit card portfolio.
Excluding the Aeroplan transaction as well as charges related to an internal reorganization and other items, CIBC’s overall adjusted net income was $956 million, up from $951 million.
Adjusted net icome at CIBC’s retail and business banking dropped four per cent or $25 million to $618 million.
CIBC’s profit equalled $2.28 per share of net income and $2.36 per share of adjusted earnings — above analyst estimates of $2…
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.
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.
