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Latest News
Stocks face final days of 2014 in far better shape; traders look to GDP data + MORE Dec 21st
TORONTO – North American stock markets are facing the last few trading sessions of 2014 in better shape than they have been in weeks after suffering steep declines amid a collapse in oil prices, concerns about U.S. interest rate hikes and the after-effects of the end of the Federal ReserveR.... More »
30 days - 1.75% + MORE Aug 9th
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 »
Inaugural Infrastructure Bank chair Fukakusa outlines key mandates + MORE Nov 7th
CIB will focus its attention on recruiting investment and expertise toward completing projects that might not otherwise occur through the private sector
.... More »
3.5 year - 2.10% + MORE Oct 5th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-21. Click on the link above to get more details or apply online..... More »
What ETFs should a millennial couch potato invest in? May 30th
Ask MoneySense
I’m 30 years old and have 30 years to go until retirement. I already have a good pension with my employer so I’d like to try a 100% equity portfolio. Is there a Couch Potato portfolio that would suit my needs? Any ideas on which ETFs to hold?
–Jonathan
Couch potato ETFs
.... More »
Judge says FDA can’t use advisory panel’s 2011 report on menthol cigarettes, citing conflicts
– canadianbusiness.com
RICHMOND, Va. – The Food and Drug Administration can’t use an advisory panel’s 2011 report on menthol cigarettes because its members had conflicts of interest, a federal judge ruled Monday.
While the agency has since conducted an independent review on the public health impact of menthol cigarettes, the ruling could hinder the FDA’s ability to defend any future regulation of the minty smokes.
U.S. District Court Judge Richard Leon in Washington ordered the FDA on Monday to reconstitute the tobacco panel and barred the agency from using its older report on menthol cigarettes.
Cigarette makers Lorillard Inc. and Reynolds American Inc. sued the agency in 2011, alleging conflicts of interest and bias by several members of the panel tasked with advising the FDA on tobacco-related issues.
They argued that the panel failed to meet the federal requirements that committee members should be fairly balanced and not inappropriately influenced by any special interest. The lawsuit specifically alleged that some committee members had conflicts of interest because they were paid expert witnesses in anti-tobacco lawsuits and had financial ties to pharmaceutical companies that make smoking-cessation products…
While the agency has since conducted an independent review on the public health impact of menthol cigarettes, the ruling could hinder the FDA’s ability to defend any future regulation of the minty smokes.
U.S. District Court Judge Richard Leon in Washington ordered the FDA on Monday to reconstitute the tobacco panel and barred the agency from using its older report on menthol cigarettes.
Cigarette makers Lorillard Inc. and Reynolds American Inc. sued the agency in 2011, alleging conflicts of interest and bias by several members of the panel tasked with advising the FDA on tobacco-related issues.
They argued that the panel failed to meet the federal requirements that committee members should be fairly balanced and not inappropriately influenced by any special interest. The lawsuit specifically alleged that some committee members had conflicts of interest because they were paid expert witnesses in anti-tobacco lawsuits and had financial ties to pharmaceutical companies that make smoking-cessation products…
Reforming the Proxy Advisory Racket
– online.wsj.com
New SEC guidance says investment funds don’t need to use ISS or Glass, Lewis.Imax teams with Shanghai Film to open 19 more giant-screen cinemas in China
– canadianbusiness.com
HONG KONG – Imax and China’s biggest state-owned film exhibitor are teaming up to open 19 giant screen cinemas in the world’s No. 2 movie market.
Imax Corp. and Shanghai Film Corp. said Tuesday that a “significant number” of the theatres will open before the end of 2015.
No financial terms were disclosed. Shanghai Film already operates three Chinese Imax theatres.
Box office revenues in China surged 27 per cent last year to $3.6 billion, making the country a crucial market for international film companies.
Government policies aimed at encouraging growth of Imax and 3-D movies are helping boost the format’s popularity in China’s tightly controlled film market.
“Transformers: Age of Extinction,” the latest instalment of Michael Bay’s blockbuster robot film franchise, earned nearly $10 million at Chinese Imax screens on its opening weekend, more than double the previous record, the company said.
The deal comes a year after Imax partnered with another Chinese company, Wanda Cinema, to open up to 120 of the Canadian company’s theatres…
Imax Corp. and Shanghai Film Corp. said Tuesday that a “significant number” of the theatres will open before the end of 2015.
No financial terms were disclosed. Shanghai Film already operates three Chinese Imax theatres.
Box office revenues in China surged 27 per cent last year to $3.6 billion, making the country a crucial market for international film companies.
Government policies aimed at encouraging growth of Imax and 3-D movies are helping boost the format’s popularity in China’s tightly controlled film market.
“Transformers: Age of Extinction,” the latest instalment of Michael Bay’s blockbuster robot film franchise, earned nearly $10 million at Chinese Imax screens on its opening weekend, more than double the previous record, the company said.
The deal comes a year after Imax partnered with another Chinese company, Wanda Cinema, to open up to 120 of the Canadian company’s theatres…
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.
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.
