The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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60 days - 2.00% + MORE Nov 2nd
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online..... More »
30 days - 1.75% + MORE Jul 11th
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »
Best online brokers in Canada for 2020 + MORE Jul 17th
NOTE: These rankings are based on data collected before June 1, 2020 and do not reflect changes which may have taken place since then.
A penny saved, as they say, is a penny earned. That’s certainly the case for Canada’s self-directed investors, who are embracing the ultra-low fees offered by .... More »
Drew Barrymore’s sets new sights for beauty brand + MORE Jan 20th
NEW YORK, N.Y. – Hollywood actress, director and author Drew Barrymore may soon add a new title to her resume: international retailer.
Barrymore launched her Flower brand of affordable cosmetics exclusively at Wal-Mart in 2013. Now she says she’s in talks with retailers overseas to sell .... More »
3.5 year - 2.30% + MORE Mar 28th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online..... More »
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.
Toronto stock market heads for lower open amid weak Asian data, Fed concerns
– canadianbusiness.com
TORONTO – The Toronto stock market appeared headed for a lower start to the trading week amid mixed economic news out of Asia and mixed commodities.
The Canadian dollar slipped 0.03 of a cent to 93.81 cents US.
U.S. futures were lacklustre following a strong slate of economic data last week, including strong manufacturing and housing reports, better than expected third-quarter economic growth and improving consumer confidence. The week was capped off by U.S. data showing stronger than expected job growth last month.
The Dow Jones industrial futures were ahead nine points to 16,022, the Nasdaq futures rose 5.3 points to 3,509.3 and the S&P 500 futures climbed 1.8 points to 1,806.8.
While the data was a welcome sign that the American economic revival remains on track, it also raised concerns that the Federal Reserve is set to start winding up its asset buying program sooner than thought, perhaps as early as next week when Fed members meet.
Speculation about tapering those US$85 billion of bond purchases has weighed on markets as the stimulus has kept long term rates low and supported a strong rally on equity markets this year…
The Canadian dollar slipped 0.03 of a cent to 93.81 cents US.
U.S. futures were lacklustre following a strong slate of economic data last week, including strong manufacturing and housing reports, better than expected third-quarter economic growth and improving consumer confidence. The week was capped off by U.S. data showing stronger than expected job growth last month.
The Dow Jones industrial futures were ahead nine points to 16,022, the Nasdaq futures rose 5.3 points to 3,509.3 and the S&P 500 futures climbed 1.8 points to 1,806.8.
While the data was a welcome sign that the American economic revival remains on track, it also raised concerns that the Federal Reserve is set to start winding up its asset buying program sooner than thought, perhaps as early as next week when Fed members meet.
Speculation about tapering those US$85 billion of bond purchases has weighed on markets as the stimulus has kept long term rates low and supported a strong rally on equity markets this year…
Sysco reaches deal to buy US Foods for about $3.5B in cash and stock
– canadianbusiness.com
HOUSTON – Sysco is buying the food distributor US Foods for about $3.5 billion in cash and stock.
Houston’s Sysco will pay $3 billion in common stock and $500 million in cash. It will also assume or refinance about $4.7 billion in debt.
That puts the total value of the deal at about $8.2 billion. When the acquisition closes, Sysco will have annual sales of about $65 billion.
US Foods shareholders will own about 87 million shares, or about 13 per cent, of Sysco’s common stock. Representatives of majority shareholders at US Foods, based just outside of Chicago in Rosemont, Ill., will join Sysco’s board.
Shares of Sysco Corp. jumped 30 per cent in premarket trading to $44.35. That would be an all-time high if it holds when the market opens.
The post Sysco reaches deal to buy US Foods for about $3.5B in cash and stock appeared first on Canadian Business.
Houston’s Sysco will pay $3 billion in common stock and $500 million in cash. It will also assume or refinance about $4.7 billion in debt.
That puts the total value of the deal at about $8.2 billion. When the acquisition closes, Sysco will have annual sales of about $65 billion.
US Foods shareholders will own about 87 million shares, or about 13 per cent, of Sysco’s common stock. Representatives of majority shareholders at US Foods, based just outside of Chicago in Rosemont, Ill., will join Sysco’s board.
Shares of Sysco Corp. jumped 30 per cent in premarket trading to $44.35. That would be an all-time high if it holds when the market opens.
The post Sysco reaches deal to buy US Foods for about $3.5B in cash and stock appeared first on Canadian Business.
60 days – 1.55%
– 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.
McDonald’s key sales metric climbs 0.5 per cent in November, figure falls 0.8 per cent in US
– canadianbusiness.com
OAK BROOK, Ill. – McDonald’s said Monday that a key sales figure rose 0.5 per cent in November, even as the world’s biggest hamburger chain faced tough competition and basically flat traffic in the U.S.
Its global sales performance was the same as in October. The stock slipped in premarket trading.
Sales at stores open at least a year is a key gauge of health because it excludes results from stores recently opened or closed.
The company said that the metric fell 0.8 per cent in the U.S. While breakfast items, chicken options and its new expanded value menu did well, that was pressured by intense competition and flat traffic.
In Europe, it increased 1.9 per cent on strong performances in the U.K., France and Russia. This was somewhat offset by weakness in Germany.
It declined 2.3 per cent in the region including Asia, the Pacific, the Middle East and Africa mostly because of softness in Japan.
McDonald’s Corp. said that the figure includes sales at all restaurants open at least 13 months, including those temporarily closed…
Its global sales performance was the same as in October. The stock slipped in premarket trading.
Sales at stores open at least a year is a key gauge of health because it excludes results from stores recently opened or closed.
The company said that the metric fell 0.8 per cent in the U.S. While breakfast items, chicken options and its new expanded value menu did well, that was pressured by intense competition and flat traffic.
In Europe, it increased 1.9 per cent on strong performances in the U.K., France and Russia. This was somewhat offset by weakness in Germany.
It declined 2.3 per cent in the region including Asia, the Pacific, the Middle East and Africa mostly because of softness in Japan.
McDonald’s Corp. said that the figure includes sales at all restaurants open at least 13 months, including those temporarily closed…
