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AP Exclusive: NKorean official says execution of Kim’s uncle won’t change economic policies + MORE Dec 15th
PYONGYANG, North Korea – A senior North Korean official said Sunday that the execution of leader Kim Jong Un’s once-powerful uncle will not lead to changes in economic policies and vowed that the nation would push ahead with an ambitious plan to develop new economic zones to attract fore.... More »
FHSA withdrawal rules and and rental property advice for a first-time home buyer Oct 11th
Ask MoneySense
Would it be beneficial to open a first-time home buyer’s savings account if I was planning on buying a property soon, say, in 2023 or 2024?
If I purchase a house and live in the basement but rent out the main floor, would that still be taxed as capital gains?
Are there any inv.... More »
Terminal operator announces agreement with proposed Cape Breton harbour facility + MORE Dec 13th
SYDNEY, N.S. — The biggest terminal operator in North America has signed a deal to work with Sydney harbour to develop and operate a marine container facility proposed for the Cape Breton community.
Ports America says in a news release it would manage and operate the Novaporte terminal for 40 year.... More »
How to earn more rewards with your credit cards Mar 30th
If you’re like many Canadians, you may feel your credit card rewards aren’t delivering as much value as they could. After all, cards are often marketed with generous welcome bonuses and the promise of effortless cash back, travel points, statement credits, and more. If those rewards don’t seem.... More »
How much income do I need to qualify for a mortgage in Canada? Apr 17th
Buying a home in Canada isn’t for the faint of heart—or light of wallet. Home prices have steadily trended higher over the past decade, coming to a national average of $698,520 in March 2024. That’s a 75% increase compared to January 2014, and it marks a whopping dollar difference of $398,119,.... More »
Ethiopian Airlines CEO says Boeing credits Boeing 787 planes for contributing to profits
– canadianbusiness.com
ADDIS ABABA, Ethiopia – Ethiopian Airlines’ chief executive officer says that the company has made a record profit he partly credited to Boeing’s problematic 787 planes.
Tewolde Gebremariam said this week the company’s operating profit between July 2012 and June 2013 is 2.7 billion birr ($143,137,098) from a billion birr ($53,013,740) the previous financial year.
Citing unaudited company accounts Tewolde said that the company’s net profits also surged during the period to 2.03 billion birr ($107,617,892) from 734 million birr ($39,230,167) of the previous year, a 178% increase.
Tewolde said the performance is a result of “exceptionally dedicated employees” and Boeing 787 planes he described as super-efficient. He said the planes helped the company save on fuel costs.
In January, Dreamliner’s around the world were grounded because of overheating lithium batteries.
The post Ethiopian Airlines CEO says Boeing credits Boeing 787 planes for contributing to profits appeared first on Canadian Business.
Tewolde Gebremariam said this week the company’s operating profit between July 2012 and June 2013 is 2.7 billion birr ($143,137,098) from a billion birr ($53,013,740) the previous financial year.
Citing unaudited company accounts Tewolde said that the company’s net profits also surged during the period to 2.03 billion birr ($107,617,892) from 734 million birr ($39,230,167) of the previous year, a 178% increase.
Tewolde said the performance is a result of “exceptionally dedicated employees” and Boeing 787 planes he described as super-efficient. He said the planes helped the company save on fuel costs.
In January, Dreamliner’s around the world were grounded because of overheating lithium batteries.
The post Ethiopian Airlines CEO says Boeing credits Boeing 787 planes for contributing to profits appeared first on Canadian Business.
Merkel presses for progress on financial regulation at G-20 summit, ahead of German elections
– canadianbusiness.com
BERLIN – German Chancellor Angela Merkel says she’ll press for progress on financial regulation at next week’s summit of global economic powers, which comes ahead of Sept. 22 elections in which she’s seeking a third term.
Merkel said in her weekly video message Saturday: “Germany will, along with other countries, exert pressure so that we do not let up in the regulation of financial markets.”
She says there’s been progress in regulating banks but efforts to regulate so-called shadow banks such as hedge funds are stalled. Merkel wants the Group of 20, whose leaders meet in Russia next week, to produce “a binding timetable” on that and says she also expects progress on combating tax evasion.
Germany’s centre-left opposition argues too little has been done to tame perceived financial market excesses.
The post Merkel presses for progress on financial regulation at G-20 summit, ahead of German elections appeared first on Canadian Business.
Merkel said in her weekly video message Saturday: “Germany will, along with other countries, exert pressure so that we do not let up in the regulation of financial markets.”
She says there’s been progress in regulating banks but efforts to regulate so-called shadow banks such as hedge funds are stalled. Merkel wants the Group of 20, whose leaders meet in Russia next week, to produce “a binding timetable” on that and says she also expects progress on combating tax evasion.
Germany’s centre-left opposition argues too little has been done to tame perceived financial market excesses.
The post Merkel presses for progress on financial regulation at G-20 summit, ahead of German elections appeared first on Canadian Business.
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
