TSX getting you down? There are always sound investment alternatives.
Latest News
What silicon valley really teaches us + MORE Apr 26th
Robert Galbraith/Reuters
In 2011, an American president grappling with a stagnant economy and an angry electorate could do no better than to visit the visionaries in Silicon Valley and be seen seeking their counsel. So off Barack Obama went that February to rub elbows with Steve Jobs, Mark Zuckerber.... More »
Coronavirus will not be the only crisis the world has to face. Here’s how to prepare your portfolio Feb 4th
In this time of global uncertainty, the best way to protect your assets is to have some of your money in these safe havens, writes Gordon Pape..... More »
Should I invest my $100,000 inheritance or pay off debt? + MORE May 21st
Faced with a long commute, close to $300,000 in debt and plans to have kids, a millennial couple struggle to decide their next financial – and lifestyle – move
.... More »
Carlos Ghosn speaks after fleeing financial misconduct charges in Japan | LIVE - Jan 8th
Carlos Ghosn speaks after fleeing financial misconduct charges in Japan | LIVE WATCH LIVE: Fmr. Nissan CEO Carlos Ghosn holds a news conference after escape to Lebanon – 1/8/2020 CNBC TelevisionIran, Boeing 737, Carlos Ghosn: Your Wednesday Briefing The New York Ti.... More »
Canopy Growth shares plunge to record low after revenue drops most since cannabis legalization - Financial Post Nov 14th
Canopy Growth shares plunge to record low after revenue drops most since cannabis legalization Financial PostCanopy Growth hit with millions in product return charges, $375M net loss in Q2 Yahoo Canada FinanceCanopy Growth Reports Second Quarter Fiscal 2020 Financial Results&nb.... More »
Senate proposal: open Mexico’s state-run oil sector to private companies
– canadianbusiness.com
MEXICO CITY – A Mexican senate committee on Saturday proposed the most dramatic oil reform in decades that would open the country’s beleaguered, state-run sector to private companies and investment.
The Senate proposal would allow the government to grant contracts and licenses for exploration and extraction of oil and gas to multinational giants such as Exxon or Chevron, something that is currently prohibited under Mexico’s constitution.
It also says that contracts could be made directly with the state, rather than issued by the state-run oil company, Petroleos Mexicanos, or Pemex, ending its monopoly on Mexican oil.
The proposal, which gets official committee consideration on Sunday, could allow contracts for profit- and production-sharing, as well as licenses, in which companies pay royalties and taxes to the Mexican government for the right to explore and drill. Pemex would get first consideration for licenses.
It would give private companies the ability to post expected benefits in their financial statements, as long as they specify in their contracts that all oil and gas they find in the ground belongs to Mexico, according to articles expanding on the reform…
The Senate proposal would allow the government to grant contracts and licenses for exploration and extraction of oil and gas to multinational giants such as Exxon or Chevron, something that is currently prohibited under Mexico’s constitution.
It also says that contracts could be made directly with the state, rather than issued by the state-run oil company, Petroleos Mexicanos, or Pemex, ending its monopoly on Mexican oil.
The proposal, which gets official committee consideration on Sunday, could allow contracts for profit- and production-sharing, as well as licenses, in which companies pay royalties and taxes to the Mexican government for the right to explore and drill. Pemex would get first consideration for licenses.
It would give private companies the ability to post expected benefits in their financial statements, as long as they specify in their contracts that all oil and gas they find in the ground belongs to Mexico, according to articles expanding on the reform…
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.
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.
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.
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.
