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Going public: A look at some of the biggest Canadian IPOs by value since 2000 + MORE May 31st
Rarely has an IPO drawn as much political attention as Kinder Morgan’s sale of its Canadian unit, a deal designed to fund the Trans Mountain pipeline expansion. At $1.75 billion, the public market debut of Kinder Morgan Canada (TSX:KML) is on track to be the fourth most valuable in Canadian hi.... More »
Finding the right cover + MORE Jun 2nd
(Illustration by Taryn Gee)
When finance professor Moshe Milevsky teaches insurance to a new group of students, he shows the class a picture of two people, a 30-year-old and a 70-year-old, then asks: “Who needs more life insurance?” The near-term chance of dying is higher for the 70-year-old so,.... More »
Walmart warns it will raise prices because of tariffs - CNN May 15th
Walmart warns it will raise prices because of tariffs CNNWalmart will report earnings before the bell. Here's what to expect CNBCWalmart warns a tariff hit on prices is coming in ominous sign for U.S. economy Financial PostWalmart says it will raise U.S. prices due t.... More »
MoneySense at the MoneyShow: Investing in Real Estate in 2023 May 9th
Join MoneySense for the MoneyShow Canada Virtual Expo.
The last year has tested Canadian real estate investors with high-interest rates and inventory issues. To give you some insight into the markets—Canada-wide!—MoneySense teamed up with Zoocasa. They analyzed real estate data to reveal the.... More »
Facebook to rebrand as a metaverse company. What is that? - CBC.ca Oct 24th
Facebook to rebrand as a metaverse company. What is that? CBC.caEXPLAINER: What the metaverse is and how it will work Yahoo NewsFacebook Reports Earnings Monday. Snap Earnings Weren't a Great Sign. Barron'sOpinion: A Facebook rebrand could be a huge risk T.... More »
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
The regular businesses that are ISIS no more
– macleans.ca
In September, the British investment firm ISIS Equity Partners announced: “Given ongoing events in Syria and Iraq, it will come as no surprise to you to learn that we have decided to change our name [to what, they haven’t yet said]. We are no longer prepared to share it with a terrorist organisation.”
They aren’t alone. Ever since the barbaric Islamist group Islamic State (also known as ISIS) began making headlines, everyone using the moniker has had to decide whether to share the name.
A Belgian chocolate-maker became Libeert. ISIS Power, a U.S. manufacturer of wiring systems, switched to the name Infinitybox. The Isis wallet app is now Softcard. The FX series Archer stopped selling merchandise with the moniker of its spy agency, International Secret Intelligence Service, and will change its name in the new year. And the University of British Columbia is considering new titles for its Isis Research Centre, named for the Egyptian goddess.
Isis, the adorable Labrador from Downton Abbey, was also just killed off in the show’s fifth season, though the makers of the series insist her demise had nothing to do with the Middle East conflict…
Russian President Vladimir Putin Strikes Harsh Tone on With West – Wall Street Journal
– news.google.ca
Wall Street JournalRussian President Vladimir Putin Strikes Harsh Tone on With WestWall Street JournalMOSCOW—President Vladimir Putin accused the West of trying to subdue and disarm Russia at a defiant annual news conference Thursday, and blamed “external factors”—chiefly the drop in oil prices—for turmoil in financial markets that have collapsed …UPDATE 2-Russian rouble slips as Putin speech fails to impressReutersPoll: 81 percent back Putin even as ruble fallsBusinessweekRussian Crisis Creeps Into Europe on Ruble Rout, Economic SlumpBloombergFinancial Times -Telegraph.co.uk -Xinhuaall 5,911 news articles »
What a difference a change of wording can make. Following the U.S. Federal Reserve’s statement yesterday – widely believed to have signaled an expected rate hike within the first half of next year – markets are rallying around the world.
The Day Ahead
The TSX had a blockbuster day – marking the biggest single-day gain in three years, closing up more than 350 points. The jump comes a day after a respectable 150 push on Tuesday, marking the second day of triple-digit gains. U.S. exchanges also pushed up on the fed’s quarterly announcement, with the S&P 500 finishing on it’s best day in a year.
The Asian markets have had a strong day today, with the Japanese Nikkei 225 in particular getting a push from the Fed’s statement, while Sydney was soothed by gains in the price of oil. European markets also started the day up.
The loonie closed lower – on a stronger U.S. dollar. The Canadian dollar closed at 85.92 to the greenback, 0.02 cents lower from the previous day, after the dollar rose on the Fed’s statement…
