How to go about securing the best return for your investment in Canada.
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Energy and metals weigh on TSX as Wall St. pulls back, loonie slides lower + MORE Jan 18th
TORONTO _ Canada’s main stock index fell moderately today, as Wall Street pulled back from the record highs it set yesterday.
The S&P/TSX composite index was down 42.23 points to 16,284.47, as the base metals, gold and energy sectors lost ground.
In New York, the Dow Jones industrial avera.... More »
What to consider when naming investment account beneficiaries Jun 24th
When opening certain investment accounts, investors may have the option to designate a beneficiary. It is important to consider the implications in order to minimize tax payable and ensure estate wishes are fulfilled upon the death of an account holder.
RRSP
Registered Retirement Savings Plans (RRSP.... More »
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 »
Royal Bank implements technology that can identify a client based on their voice + MORE Oct 4th
TORONTO – Phone passwords and security questions could soon become obsolete as financial institutions race to implement technology that can verify a client’s identity based on the characteristics of their voice.
After a successful pilot project last summer, Royal Bank (TSX:RBC) is rollin.... More »
PC Optimum points: How to maximize your rewards in 2023 + MORE Jul 25th
Spend
PC Optimum points: How to earn, redeem and maximize your rewards in 2023
If you frequently shop at Loblaw-affiliated stores, the right PC Financial Mastercard or a PC Money Account can help you earn serious PC Optimum points.
Compare options.... More »
5.5 year – 2.35%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2013-11-09. Click on the link above to get more details or apply online.
Scandinavian airline group SAS swings to profit in Q4 but warns of weak market conditions
– canadianbusiness.com
STOCKHOLM – Scandinavian airline group SAS says it swung to a profit from a loss in the fourth quarter, but that tough competition and weak economic growth means it won’t reach its financial targets in time.
The airline said profit for the quarter ending Oct. 31, was 352 million kronor ($54 million), compared to a loss of 574 million kronor a year ago. Revenue dropped by 3 per cent to 11.1 billion kronor from 11.4 billion kronor. Due to the weak conditions, SAS said the financial targets it expected to reach in 2014-2015 won’t be met until 2015-2016.
SAS CEO Rickard Gustafson says “conditions worsened dramatically in the fourth quarter with a 10 per cent increase in capacity in the Nordic market.”
He says he negative trend was partially offset by cost-cutting.
The post Scandinavian airline group SAS swings to profit in Q4 but warns of weak market conditions appeared first on Canadian Business.
The airline said profit for the quarter ending Oct. 31, was 352 million kronor ($54 million), compared to a loss of 574 million kronor a year ago. Revenue dropped by 3 per cent to 11.1 billion kronor from 11.4 billion kronor. Due to the weak conditions, SAS said the financial targets it expected to reach in 2014-2015 won’t be met until 2015-2016.
SAS CEO Rickard Gustafson says “conditions worsened dramatically in the fourth quarter with a 10 per cent increase in capacity in the Nordic market.”
He says he negative trend was partially offset by cost-cutting.
The post Scandinavian airline group SAS swings to profit in Q4 but warns of weak market conditions appeared first on Canadian Business.
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-10-17. Click on the link above to get more details or apply online.
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online.
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-03-07. Click on the link above to get more details or apply online.
