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The Rise of Accessible Investing in a Fintech Generation + MORE Oct 15th
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For generations, the benefits of investing have been reserved only for those who possess the luxuries of time, mobility and money. Knowledge of the stock market, the value of shares and the mere concept of making your money work for you are only now truly becoming public knowledge..... More »
Business Highlights + MORE May 12th
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Middle class shrinks in 9 of 10 US cities as incomes fall
WASHINGTON (AP) — In cities across America, the middle class is hollowing out.
A widening wealth gap is moving more households into either higher- or lower-income groups in major metro areas, with fewer remaining in the middle, accordin.... More »
Can you move income back and forth between spouses? + MORE Aug 18th
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I have an investment property (condo) in my name. I would like to sell it and [have the proceeds] paid out half to me and half to my spouse. The plan is to make the maximum RRSP contribution for both of us to minimize the capital gain.
Is that plan OK, legal, and wise?
–Zlatko.... More »
Blue Jays trade JA Happ to Yankees for Brandon Drury, prospect - CBC.ca + MORE Jul 26th
CBC.caBlue Jays trade JA Happ to Yankees for Brandon Drury, prospectCBC.caToronto general manager Ross Atkins says competitive baseball teams are increasingly less willing to part with top prospects when they tool up for a playoff run. So while the Blue Jays didn't get a blue-chip minor leaguer.... More »
The best TFSAs in Canada for 2023 Aug 25th
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The best TFSAs in Canada for 2023
Here are the best accounts to hold your savings and investments.
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The best TFSAs in Canada for 2023
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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.
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.
Some major events in the history of Future Shop
– canadianbusiness.com
Future Shop closed its Canadian stores on Saturday. Here is a list of major events in the history of the retail chain.
—
1982: Hassan Khosrowshahi opens first Future Shop location in Vancouver, one year after immigrating from Iran.
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1993: Future Shop goes public on Toronto and Vancouver stock exchanges as Canada’s largest electronics retailer. The company has 36 stores in Canada and two in the U.S., with plans to open 16 new locations within the year.
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1999: After a failed expansion into the U.S., Future Shop pulls out of the American market. The retailer closes its 23 locations south of the border after shuttering five others the year before.
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2001: U.S. retailer Best Buy purchases Future Shop in a $580-million deal. At the time, the Future Shop name is expected to disappear within three years.
—
Jan. 30, 2014: About 950 full-time employees are laid off at Best Buy and Future Shop stores across Canada as the company thins out management and combines some of its sales departments…
—
1982: Hassan Khosrowshahi opens first Future Shop location in Vancouver, one year after immigrating from Iran.
—
1993: Future Shop goes public on Toronto and Vancouver stock exchanges as Canada’s largest electronics retailer. The company has 36 stores in Canada and two in the U.S., with plans to open 16 new locations within the year.
—
1999: After a failed expansion into the U.S., Future Shop pulls out of the American market. The retailer closes its 23 locations south of the border after shuttering five others the year before.
—
2001: U.S. retailer Best Buy purchases Future Shop in a $580-million deal. At the time, the Future Shop name is expected to disappear within three years.
—
Jan. 30, 2014: About 950 full-time employees are laid off at Best Buy and Future Shop stores across Canada as the company thins out management and combines some of its sales departments…
Australia signs up to negotiations on Chinese-led Asian Infrastructure Investment Bank
– canadianbusiness.com
CANBERRA, Australia – Australia announced on Sunday that it would join negotiations to establish a new a Chinese-led Asian regional bank that has emerged as a potential challenge to United States influence in a part of the world where the Obama administration has tried to forge stronger ties.
The U.S. has expressed concern the new Asian Infrastructure Investment Bank, or AIIB, will allow looser lending standards for financial transparency, the environment and labour rights. The U.S. also worries the new bank will undercut the World Bank, where the U.S. has the most clout, and the Asian Development Bank, where it is the second-largest shareholder after Japan.
Prime Minister Tony Abbott, Foreign Minister Julie Bishop and Treasurer Joe Hockey said in a joint statement that the government will sign a memorandum of understanding that will allow Australia to participate as a prospective founding member in negotiations to set up the bank.
“Good progress has been made on the bank’s design, governance and transparency over the past few months, but we still have issues that we will address through ongoing consultations,” the statement said…
The U.S. has expressed concern the new Asian Infrastructure Investment Bank, or AIIB, will allow looser lending standards for financial transparency, the environment and labour rights. The U.S. also worries the new bank will undercut the World Bank, where the U.S. has the most clout, and the Asian Development Bank, where it is the second-largest shareholder after Japan.
Prime Minister Tony Abbott, Foreign Minister Julie Bishop and Treasurer Joe Hockey said in a joint statement that the government will sign a memorandum of understanding that will allow Australia to participate as a prospective founding member in negotiations to set up the bank.
“Good progress has been made on the bank’s design, governance and transparency over the past few months, but we still have issues that we will address through ongoing consultations,” the statement said…
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.
