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Introducing KOHO, a unique financial service app Aug 16th
Nowadays, consumers can shop around for the low- or no-fee accounts, competitive interest rates, and additional features they want. And banks aren’t the only ones delivering financial services to Canadians. Fintechs, which integrate technologies into the financial sector, have empowered developers.... More »
Lots of hype but muted impact as Alcoa kicks off earnings season + MORE Oct 5th
Alcoa is likely to garner lots of attention on Wednesday when it reports its third-quarter results
.... More »
After her divorce, this woman is seeking financial clarity + MORE Apr 14th
With a recent divorce sending her back home, Violet looks for financial security to provide for herself and her two children
.... More »
So you fell short of your financial goals in 2025—here’s how to do better Dec 26th
Did you fall behind on your financial goals for 2025? If so, you’re not alone. According to a survey by online estate planning platform Willful, 58% of Canadians reported postponing financial tasks they’d earmarked for the year, such as paying down debt, contributing to registered savings and in.... More »
Are low interest rates doing more harm than good? + MORE Jul 15th
Mark Carney was oddly framed by TV cameras when he made his hasty post-Brexit address the morning after the United Kingdom voted to leave the European Union. Standing behind a lectern, but in front of an open doorway, the governor of the Bank of England appeared as though trapped inside a box. It wa.... More »
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.
Analysis: Let's talk about fees
– canoe.ca
Lately, buzz in the investment world has revolved around trailer fees paid to advisers.
Yahoo CEO Marissa Mayer feeling good about 2nd-quarter showing despite nagging ad headaches
– canadianbusiness.com
SAN FRANCISCO – Yahoo remained stuck in a revenue rut during the second quarter, muting the celebration of CEO Marissa Mayer’s first year running the Internet company.
The numbers released Tuesday showed Yahoo Inc.’s earnings are still rising, but they also highlighted the challenges facing the company as it loses ground to rivals Google Inc. and Facebook Inc. in the online advertising market that generates most of their revenue.
Yahoo sold slightly fewer display ads than it did at the same time last year, and the prices that marketers were willing to pay for the space fell by 12 per cent, too. The Sunnyvale, Calif., company made some small strides in the Internet ad market dominated by Google, but it still wasn’t enough to prevent Yahoo’s revenue from slipping in a quarter when the digital ad market in the U.S. increase by 15 per cent, based on estimates by the research firm eMarketer.
Google’s second-quarter earnings, due out Thursday, are expected to show even more robust growth…
The numbers released Tuesday showed Yahoo Inc.’s earnings are still rising, but they also highlighted the challenges facing the company as it loses ground to rivals Google Inc. and Facebook Inc. in the online advertising market that generates most of their revenue.
Yahoo sold slightly fewer display ads than it did at the same time last year, and the prices that marketers were willing to pay for the space fell by 12 per cent, too. The Sunnyvale, Calif., company made some small strides in the Internet ad market dominated by Google, but it still wasn’t enough to prevent Yahoo’s revenue from slipping in a quarter when the digital ad market in the U.S. increase by 15 per cent, based on estimates by the research firm eMarketer.
Google’s second-quarter earnings, due out Thursday, are expected to show even more robust growth…
Cash Store faces class-action lawsuit in Quebec over financial statements
– canadianbusiness.com
EDMONTON – The Cash Store Financial Services Inc. (TSX:CSF) said Tuesday a class-action lawsuit has been filed against the company and some of its current and former officers in Quebec.
The legal proceeding follows similar lawsuits recently filed in the U.S., Alberta and Ontario and a previously disclosed complaint filed by Globis Capital Partners L.P.
The company said it will “defend itself vigorously” against the “unfounded allegations.”
It said the plaintiffs allege it “made misrepresentations” in its company’s quarterly and annual financial statements from Nov. 24, 2010 to May 24, 2014.
Cash Store operates 513 branches across Canada under the Cash Store Financial and Instaloans banners, as well as 27 locations in the United Kingdom.
The company provides short-term advances and other financial services to people who not be able to obtain them from traditional lenders.
The post Cash Store faces class-action lawsuit in Quebec over financial statements appeared first on Canadian Business.
The legal proceeding follows similar lawsuits recently filed in the U.S., Alberta and Ontario and a previously disclosed complaint filed by Globis Capital Partners L.P.
The company said it will “defend itself vigorously” against the “unfounded allegations.”
It said the plaintiffs allege it “made misrepresentations” in its company’s quarterly and annual financial statements from Nov. 24, 2010 to May 24, 2014.
Cash Store operates 513 branches across Canada under the Cash Store Financial and Instaloans banners, as well as 27 locations in the United Kingdom.
The company provides short-term advances and other financial services to people who not be able to obtain them from traditional lenders.
The post Cash Store faces class-action lawsuit in Quebec over financial statements appeared first on Canadian Business.
In stinging rebuke, NY judge criticizes colleagues for jeopardizing free TV with Aereo ruling
– canadianbusiness.com
NEW YORK, N.Y. – A federal appeals judge warned Tuesday that the revenue streams that finance free television were being undermined by court rulings permitting a startup company to offer live television broadcasts over the Internet without paying fees to broadcasters.
U.S. Circuit Judge Denny Chin included the warning in a blistering dissent after the full 2nd U.S. Circuit Court of Appeals in Manhattan refused to make the Aereo Inc. case one of the rare instances when it assembles all of its judges to decide an issue.
A three-judge panel which included Chin ruled 2-to-1 in April that the billionaire Barry Diller-backed Aereo did not violate the copyrights of broadcasters with its service, which lets customers watch live programs on small portable devices for as little as $8 per month.
Chin dissented from that decision as well, though he went farther Tuesday, describing how the April 1 decision had damaged the financial landscape of free television. He said it “eviscerates the Copyright Act” and “upends settled industry expectations and established law…
U.S. Circuit Judge Denny Chin included the warning in a blistering dissent after the full 2nd U.S. Circuit Court of Appeals in Manhattan refused to make the Aereo Inc. case one of the rare instances when it assembles all of its judges to decide an issue.
A three-judge panel which included Chin ruled 2-to-1 in April that the billionaire Barry Diller-backed Aereo did not violate the copyrights of broadcasters with its service, which lets customers watch live programs on small portable devices for as little as $8 per month.
Chin dissented from that decision as well, though he went farther Tuesday, describing how the April 1 decision had damaged the financial landscape of free television. He said it “eviscerates the Copyright Act” and “upends settled industry expectations and established law…
