All about Canadian investments. Learn the ins and outs and get the latest news.
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The best GIC rates in Canada for 2025 + MORE Oct 20th
GIC comparison tool
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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US says new sanctions on North Korea just the first step in US response to Sony hack attack + MORE Jan 3rd
HONOLULU, Hawaii – The United States says its new round of sanctions against North Korea is just the opening salvo in its response to an unprecedented cyberattack on Sony. Yet there may be little else the U.S. can do to further isolate a country that already has few friends in the world.
Even .... More »
Housing market hints at changes with declines in key cities + MORE Mar 23rd
If your home equity is a big part of your retirement, then it’s time to start thinking about how theoretical price declines of 5, 10 and even 20 per cent would affect your financial plan
.... More »
How to make more money in Canada: 6 side hustle ideas Mar 6th
Six ideas for earning extra money
Drive for a ridesharing or delivery service Turn your hobby into a side businessStart freelancingRent out your carGet paid for filling out surveysMake money on social media
How do you start a side hustle?
As inflation skyrocketed and prices for everyday .... More »
B.C. New Democrat government makes pledges to homebuyers, renters, in throne speech - CHEK News + MORE Feb 21st
B.C. New Democrat government makes pledges to homebuyers, renters, in throne speech CHEK NewsHomeowners, renters promised more security in B.C. throne speech CBC.caHousing, affordability take centre-stage in B.C. election-year throne speech Global NewsB.C. government.... More »
A look at how stimulus measure known as quantitative easing, or QE, works in practice
– canadianbusiness.com
LONDON – It’s the stimulus measure with the long, baffling name.
Quantitative easing, or QE — the large-scale purchase by a central bank of government bonds and other securities — has been used by the U.S. Federal Reserve, Bank of England, and the Bank of Japan.
It’s often called “printing money.” No printing press is involved but the measure does rely on central banks’ power to create money.
Here’s how it works:
— The central bank buys bonds from private banks.
— It pays for the bonds by simply increasing the amount of money in the reserve accounts that the private banks must have with the central bank. The money is created from nothing. It’s done electronically, but it’s money all the same.
— With more cash in store, banks will tend to offer loans at lower interest rates. That can make it easier for businesses to expand and consumers to spend.
— The money can also make its way into financial markets, driving up the prices of stocks and bonds…
Quantitative easing, or QE — the large-scale purchase by a central bank of government bonds and other securities — has been used by the U.S. Federal Reserve, Bank of England, and the Bank of Japan.
It’s often called “printing money.” No printing press is involved but the measure does rely on central banks’ power to create money.
Here’s how it works:
— The central bank buys bonds from private banks.
— It pays for the bonds by simply increasing the amount of money in the reserve accounts that the private banks must have with the central bank. The money is created from nothing. It’s done electronically, but it’s money all the same.
— With more cash in store, banks will tend to offer loans at lower interest rates. That can make it easier for businesses to expand and consumers to spend.
— The money can also make its way into financial markets, driving up the prices of stocks and bonds…
Laricina gives up on IPO, considers sale
– theglobeandmail.com
After difficulties raising funds, the former oil patch darling has hired financial advisers
3.5 year – 2.20%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-10-20. Click on the link above to get more details or apply online.
90 days – 2.00%
– ratesupermarket.ca
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.
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.
