TSX getting you down? There are always sound investment alternatives.
Latest News
Making sense of the markets this week: May 14, 2023 May 12th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
U.S. Inflation continues to move in the right direction
Despite the strong April jobs report in the United States, overall inflatio.... More »
Miami’s Cuban exiles celebrate Castro’s death Nov 26th
The Cuban community celebrates the announcement that Fidel Castro died as they gather in front La Carreta Restaurant, early Saturday, Nov. 26, 2016, in Miami. Within half an hour of the Cuban governmentÄôs official announcement that former President Fidel Castro had died, Friday, Nov. 25, 2016, .... More »
B.C. Green Leader Andrew Weaver calls NDP government's LNG legislation a "generational sellout" - Straight.com Mar 26th
B.C. Green Leader Andrew Weaver calls NDP government's LNG legislation a "generational sellout" Straight.comB.C. government hoping to pass LNG legislation without support of the B.C. Greens Global NewsB.C. government announces new tax credit for LNG projects CBC.caB..... More »
The best GIC rates in Canada for 2026 + MORE Feb 9th
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Biggest oilpatch companies have best chance to survive + MORE Nov 29th
With so much financial pain in the oil sector, it's likely the big players have the best odds of enduring the price collapse..... 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.
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.
Puerto Rico fights tax evasion as it seeks new revenue sources
– canadianbusiness.com
SAN JUAN, Puerto Rico – With recession biting into profits at their chain of burger restaurants and surf shops, two brothers responded in a way Puerto Rico authorities say is common: by shortchanging the government.
Javier and Oscar Juelle failed to turn over $1.27 million in sales taxes they collected over four years, a move their lawyer Joaquin Monserrate said was meant to help keep them afloat on an island where many businesses have failed in recent years.
“It was a way to try and survive,” Monserrate said. “They were and are in a tight economic situation and were using the money to pay for other things.”
While the brothers were caught and ordered last year to pay the money owed, many others go unpunished, according to officials who say widespread tax evasion by businesses and individuals is one reason the island is in dire financial straits. Economists say Puerto Rico captures just over half the tax revenue it should, failing to collect on an estimated $800 million in unreported income each year…
Javier and Oscar Juelle failed to turn over $1.27 million in sales taxes they collected over four years, a move their lawyer Joaquin Monserrate said was meant to help keep them afloat on an island where many businesses have failed in recent years.
“It was a way to try and survive,” Monserrate said. “They were and are in a tight economic situation and were using the money to pay for other things.”
While the brothers were caught and ordered last year to pay the money owed, many others go unpunished, according to officials who say widespread tax evasion by businesses and individuals is one reason the island is in dire financial straits. Economists say Puerto Rico captures just over half the tax revenue it should, failing to collect on an estimated $800 million in unreported income each year…
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.
