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Nvidia teams up with Intel in $5B deal to shape AI future Sep 25th
Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing $5 billion in Intel and will collaborate with the struggling semiconductor company. Nvidia said it will spend $5 billion to buy Intel common stock at $23.28 a share. The investment, which is subject to regul.... More »
Can an estate contribute to an RESP account? Dec 20th
Can money left in a will to be put in a trust fund for a child under 18 be put into an RESP?—Paula
Using a trust to contribute to an RESP
A registered education savings plan (RESP) is a great way to save for post-secondary education. RESP contributions of up to $2,500 per year attract a 20% .... More »
Interac restoring e-Transfer service bank by bank Jul 1st
Interac said it began restoring e-Transfer service shortly before 9 p.m. ET on Saturday, "through all financial institutions on a sequential basis," after it was suspended Friday morning while technical issues were being worked out..... More »
CN Rail boosts earnings and spending outlook on robust demand and strong quarter Jul 25th
Canadian National Railway Co. has increased its earnings outlook and capital program for the year following a quarter that saw its net income increase 27 per cent in the last quarter compared with last year..... More »
Paying yourself first Oct 28th
There is perhaps no single piece of financial advice more frequently repeated than “pay yourself first.” And with good reason. It’s tough to grow savings if you prioritize all your spending needs and wants ahead of putting money away. While some of us fully intend to stash whatever is left at .... More »
30 days – 1.75%
– ratesupermarket.ca
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.
Women and wealth: The investment sector’s new – and crucial – frontier
– theglobeandmail.com
Because of divorce and life expectancies, researchers say 90 per cent of Canadian women will have total control over their finances at some point in their lives
Power financial group’s second-quarter profit rises
– canadianbusiness.com
WINNIPEG – Power Corporation of Canada (TSX:POW) reports it had $314 million of net income attributable to its participating shareholders in the second quarter.
The Montreal-based financial group’s main subsidiary, Power Financial Corp. (TSX:PWT), had $568 million of net income attributable to its common shareholders.
The parent company has a 65.8 per cent economic interest in Power Financial which, in turn, is the parent of Winnipeg-based Great-West Lifeco (TSX:GWO) and IGM Financial (TSX:IGM).
Together, the companies are involved in life insurance, wealth management and investments.
Power Corporation’s second-quarter net profit amounted to 68 cents per share, up from $246 million or 53 cents per share a year earlier.
Power Financial’s second-quarter net profit amounted to 80 cents per share, up from $475 million or 67 cents per share a year earlier.
The post Power financial group’s second-quarter profit rises appeared first on Canadian Business.
The Montreal-based financial group’s main subsidiary, Power Financial Corp. (TSX:PWT), had $568 million of net income attributable to its common shareholders.
The parent company has a 65.8 per cent economic interest in Power Financial which, in turn, is the parent of Winnipeg-based Great-West Lifeco (TSX:GWO) and IGM Financial (TSX:IGM).
Together, the companies are involved in life insurance, wealth management and investments.
Power Corporation’s second-quarter net profit amounted to 68 cents per share, up from $246 million or 53 cents per share a year earlier.
Power Financial’s second-quarter net profit amounted to 80 cents per share, up from $475 million or 67 cents per share a year earlier.
The post Power financial group’s second-quarter profit rises appeared first on Canadian Business.
90 days – 1.75%
– ratesupermarket.ca
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.
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
