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The best store credit cards in Canada right now Oct 1st
Creatures of habit, rejoice! Your loyal shopping behaviours may just pay off, big time. If you shop regularly at certain retailers, using a store credit card can help you to earn discounts, free goods and exclusive perks by swiping or tapping for everyday purchases. Spending with a store credit card.... More »
The best bank account should manage itself Jul 17th
Between long hours at work and day-to-day responsibilities at home, finding time to take a break, catch up with friends or even squeeze in a workout requires serious time management skills. So it’s easy to shrug it off if you’re a couple of weeks late on that last Internet bill or get accustomed.... More »
Bigger is better: Why scale matters more than ever on Bay Street + MORE Jan 5th
In a world where scale is becoming a bigger issue, do smaller financial-services firms even stand a chance?
.... More »
Can you save tax by moving into your rental property? Apr 18th
Ask MoneySense
I have a house I was renting in the past and now want to move into as my primary residence. Is there a length of time that I need to live in it to ensure capital gains will not apply on my death, or will capital gains apply based on the years it was rented?
Also, if I co-own this h.... More »
TREB ruling expected to unleash tech innovation in real estate sector + MORE Apr 30th
Competition Bureau ruled the Toronto Real Estate Board was stifling competition by restricting access to resale housing data
.... More »
Gimme shelter: The financial consumer code and you
– moneysense.ca
(Illustration by Sebastien Thibault)The Conservatives are expected to table a new consumer protection code governing banks in the coming months, but don’t expect the campaign-friendly bill to improve your bottom line. While intended to empower banking customers navigating the financial services industry, pundits say the “Comprehensive Financial Consumer Code” falls flat because it does little to protect Canadians from being nickel-and-dimed at every turn.
“If people think this code will in any way limit what they pay to their banks, they’re dreaming,” says John Lawford, executive director and general counsel at the Public Interest Advocacy Centre.
Instead, the code will only feature standardized fee disclosure boxes on bank statements, loosened ID requirements on new accounts, mandatory cooling-off periods on a greater range of products, and a crackdown on misleading advertising.
As is now the case with Canada’s telecom providers, Lawford would have preferred to see the banks prevented from charging paper-bill fees—not to mention more egregious pay-to-pay tactics, such as charging customers $1 to $2 to make mortgage, loan and credit card payments…
Stung by sanctions and recession, Iranian investors have one eye on the country’s stock exchange, and the other on the international talks about the country’s nuclear program.
Canada Stocks to Watch: Cenovus, Sun Life, Pengrowth and More
– blogs.wsj.com
Cenovus Energy Inc. has agreed to sell its oil-and-gas royalty business for roughly C$3.3 billion to Ontario Teachers’ Pension Plan. The oil company is selling Heritage Loyalty L.P., which holds about 4.8 million acres in royalty interest and mineral fee title lands, in a bid to cut costs amid dropping oil prices.
Sun Life Financial Inc. is continuing to expand its U.S. operations, agreeing to buy Redmond, Wash.-based investment manager Prime Advisors, Inc. The financial terms have not been disclosed, but Prime had $13 billion in assets under management at the end of May.
CBC.caThe Latest: EU Official: 'Regrettable' No New Bailout GreekNew York TimesATHENS, Greece — The latest news on Greece's financial woes (all times local): ___. 9.35 p.m.. As a midnight deadline closes in, the head of the agency responsible for preserving financial security in the European Union says "it is regrettable" that …Report: Germany rebuffs Greek bid for crisis funds before default deadlineWashington PostEurogroup to discuss Greece at 0930 GMT on WednesdayReutersGreek Voters to Decide on Convoluted Bailout Question July 5Wall Street JournalSydney Morning Herald -Fox News -Los Angeles Timesall 12,284 news articles »
Canadian insurer Sun Life Financial is buying U.S. investment manager Prime Advisors Inc. for an undisclosed amount.
