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The best GIC rates in Canada for 2025 + MORE Oct 20th
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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.
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Capital gains on subdivided land Jan 19th
Q. Our primary residence of three years is built on a double lot. We received a partial discharge of our double lot and built our house on it for cash. Do we have to pay any capital gains? We did not plan on doing this when we first purchased.
–Devon
A. In order for a property to qualify for the p.... More »
Tech investors face 'new era' of China restrictions after Biden order limits funding in A.I., chips - CNBC Aug 10th
Tech investors face 'new era' of China restrictions after Biden order limits funding in A.I., chips CNBCBiden's targeting of China comes at a bad time for the world's second-largest economy The Globe and MailBiden issues executive order restricting US investment in Chinese tech.... More »
Quadriga mystery deepens with little evidence of cold wallets containing $250M Feb 9th
A cryptocurrency analyst says there is little evidence that tens of millions of dollars of assets allegedly trapped on hard drives belonging to the deceased founder of Canadian cryptocurrency are being stored in so-called cold wallets..... More »
Liberals deliver tax breaks for businesses in response to Trump's rate cuts - The Globe and Mail Nov 22nd
The Globe and MailLiberals deliver tax breaks for businesses in response to Trump's rate cutsThe Globe and MailThe Liberal government has delivered billions of dollars in tax breaks for businesses in an economic update that gives priority to incentives for new corporate investment over shrinkin.... More »
Get Started: Businesses liable for fraudulent chip credit card transactions starting Thursday
– canadianbusiness.com
APPROACHING DEADLINE
Starting Thursday, businesses that accept credit cards must be prepared to handle transactions with new chip-embedded cards or find themselves paying the bill in the event of fraud.
The credit card industry set Oct. 1 as the day when liability for fraud committed with the new cards will shift to retailers and other businesses if they don’t have equipment to process chip card transactions. The chips in the cards are harder to counterfeit than the magnetic stripes on millions of cards, but they require new card readers and software to process transactions. If a counterfeit card is used in a transaction and a business doesn’t have the new equipment, the company will be liable for the financial losses it suffers.
However, little is expected to change on Thursday at many small businesses. A number of banks and other card issuers still haven’t sent the new cards to their customers, who will continue to use their magnetic stripe cards. It’s expected that millions of the older cards will still be in use going into 2016…
Starting Thursday, businesses that accept credit cards must be prepared to handle transactions with new chip-embedded cards or find themselves paying the bill in the event of fraud.
The credit card industry set Oct. 1 as the day when liability for fraud committed with the new cards will shift to retailers and other businesses if they don’t have equipment to process chip card transactions. The chips in the cards are harder to counterfeit than the magnetic stripes on millions of cards, but they require new card readers and software to process transactions. If a counterfeit card is used in a transaction and a business doesn’t have the new equipment, the company will be liable for the financial losses it suffers.
However, little is expected to change on Thursday at many small businesses. A number of banks and other card issuers still haven’t sent the new cards to their customers, who will continue to use their magnetic stripe cards. It’s expected that millions of the older cards will still be in use going into 2016…
Canadian Tire wants to gamify online banking
– moneysense.ca
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Canadian Tire has launched a new app for holders of its cross-branded Mastercard that blends utilitarian functions like everyday mobile banking payments with loyalty badges and promotional offers.
“We wanted to put something out that would really engage our customers in the card’s value proposition, and really get them a little closer to the rewards,” said Cam Thomson, digital marketing manager with Canadian Tire Financial Services. “We think we can engage customers to another level, if we come up with something that’s fun and exciting and very different than what other financial institutions are putting out there. ”
The mPlay & Pay app, which is only available to Canadian Tire Options Mastercard members, offers standard mobile banking features like account balances and payment history, as well as contactless mobile payments at Canadian Tire retail locations…
Before the Bell: Stocks are on shaky ground
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
Shares in Swiss-based commodities giant Glencore plunged 29 per cent to a record low on Monday after analysts raised fears about lower metal prices.
Cape Breton PostTSX falls more than 1 percent as financials, resources dragReuters CanadaTORONTO (Reuters) – Canada's main stock index fell more than 1 percent on Monday, extending Friday's losses, as weighty financial names and resources fell sharply, hurt by sliding commodity prices. Ongoing investor uneasiness about the economic …The open: TSX retreats at open as resources dragThe Globe and MailNorth American stock markets fall sharply, loonie downHamilton SpectatorResources, Metals Drag TSXBaystreet.caall 24 news articles »
