4.5 year – 2.45% + MORE Sep 2nd

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WWE Says CEO Vince McMahon to Step Back During Misconduct Probe - Bloomberg Jun 17th

WWE Says CEO Vince McMahon to Step Back During Misconduct Probe  BloombergWWE CEO McMahon steps down as board investigates alleged misconduct  Financial PostInvestigation at WWE upends leadership; McMahon steps aside  National PostWWE Board Of Directors Now Being Invest.... More »

Barrick Gold buys Africa's Randgold to become world's biggest gold miner Sep 24th

Toronto based Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world's largest gold miner..... More »

University lecturer faces discipline over alleged bad investments that cost clients $324K Jun 15th

A financial adviser who teaches University of Regina business students how to manage investments is being prosecuted by an investment industry watchdog for allegedly mishandling the money of single mothers and retirees..... More »

The best GIC rates in Canada for 2026 Jun 1st

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
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How does withholding tax work when I unwind my RRSP? + MORE Dec 17th

When will Ottawa take a tax cut of your RRIF withdrawals and what you should do about that. (Flickr) Q. “What is the withholding amount on RRIF withdrawals and how should I plan my retirement income with this in mind. I’m confused.” – Margaret It’s good to understand w.... More »
BBC NewsVodafone sells Verizon stake for $130bnBBC NewsVodafone has sold its 45% stake in Verizon Wireless to US telecoms group Verizon Communications in one of the biggest deals in corporate history. The $130bn (£84bn) deal was announced by Vodafone after the close of trading on the London Stock …Insight: Verizon, Vodafone CEOs talked in gym, agreed on price at breakfastReutersFees in Verizon Deal Could Near a RecordWall Street JournalVerizon Doubles Down on US as AT&T Seeks a Hedge in EuropeBusinessweekWashington Post -Times of India -Irish Timesall 836 news articles »

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Earlier this year, I wrote one of the biggest retirement questions and potentially one of the most frequently asked retirement questions is “How much is enough”?  The answer to this question at that time was “it depends” but there is a better answer than that.
The “it depends” response was in reference to the latest edition of Diane McCurdy’s book How Much Is Enough?   In her book Diane encourages aspiring retirees to separate needs from wants but I always look at these things together.  Determining your what you need and want to spend is your “enough” number.
While optimizing the use of registered accounts like RRSPs and TFSAs for your financial future are very important consider what you are saving for.  What expenses do you expect to have in retirement?  Will you be taking trips?  Buying new cars every few years?  Renovating the family home?  Are you saving to leave an inheritance?
Looking at our finances, here is a quick list of expenses (needs and wants) I have today and some of the same ones I expect to carry forward in retirement:

Property taxes (~$350 per month)
Home maintenance
Home insurance
Home utilities (e…

Continue Reading On myownadvisor.ca »

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.

Continue Reading On ratesupermarket.ca »

NEW YORK, N.Y. – Verizon will own its wireless business outright after agreeing to a $130 billion deal to buy the 45 per cent stake of Verizon Wireless owned by British cellphone carrier Vodafone.
The buyout, the second-largest acquisition deal on record, would give Vodafone PLC additional cash to pursue its expansion ambitions in Europe. Those ambitions include its push to buy up other cellphone providers and to expand into the lucrative world of mobile services.
The deal announced Monday would also give Verizon Communications Inc., the opportunity to boost its quarterly earnings, as it would no longer have to share a portion of proceeds from the nation’s No. 1 wireless carrier with Vodafone.
Verizon expects the deal to boost its earnings per share by 10 per cent once the deal closes. It also boosted its dividend.
The deal still has requires approval by regulators and shareholders of both companies. It is expected to close in the first quarter of 2014.
It isn’t expected to have much of an effect on Verizon consumers or on the company’s operations…

Continue Reading On canadianbusiness.com »

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.

Continue Reading On ratesupermarket.ca »

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