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Loonie, TSX continue descent following Brexit vote + MORE Jun 27th
TORONTO – The Canadian dollar is continuing its descent as markets around the world continue to take stock of last week’s Brexit vote.
The loonie began the week at 76.63 cents US in early morning trading shortly after North American stock markets opened, down 0.3 of a cent from Friday’s close..... More »
Low oil price takes big bite from Chevron, Exxon earnings + MORE Oct 30th
The world’s biggest oil companies are reporting grim results in the third quarter of 2015, with Chevron Corp seeing profit fall by 64 per cent and Exxon profit down 47 per cent..... More »
The best TD credit cards in Canada + MORE Nov 1st
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The best TD credit cards in Canada
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How to be a better investor Feb 26th
For both beginner and experienced investors, focusing on a few basic guidelines can make the difference between good results and great ones. Whether you’re investing in a taxable account or a tax-sheltered account like a registered retirement savings plan (RRSP), doubling down on the basics can he.... More »
Making sense of the markets this week: October 15, 2023 + MORE Oct 13th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Clearly, the biggest world news is the conflict in Israel and Gaza. This week we are holding off discussing the effects.... More »
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Why many are feeling sour about US economy despite job gains and a falling unemployment rate
– canadianbusiness.com
WASHINGTON – The unemployment rate no longer seems to reflect America’s mood.
Friday’s strong jobs report showed that the jobless rate — the most closely watched gauge of the economy’s health — is down to 5.8 per cent. A year ago, the rate was 7.2 per cent. Five years ago, it was 10 per cent.
It’s the kind of sustained decline that would normally suggest a satisfied public.
Not so much anymore. After Tuesday’s midterm elections, exit polling showed how little falling unemployment has resonated. Most voters said they cast their ballots out of fear for the economy, stripping the Democrats from the Senate majority and implicitly rejecting President Barack Obama.
Many Americans don’t feel they’ve benefited from falling unemployment any more than they have from a sustained rise in the stock market or from solid U.S. economic growth.
Some hints of their discontent can be found within an otherwise glowing jobs report for October: Wages that are barely growing and a stubbornly low proportion of adults who either have a job or are looking for one…
Friday’s strong jobs report showed that the jobless rate — the most closely watched gauge of the economy’s health — is down to 5.8 per cent. A year ago, the rate was 7.2 per cent. Five years ago, it was 10 per cent.
It’s the kind of sustained decline that would normally suggest a satisfied public.
Not so much anymore. After Tuesday’s midterm elections, exit polling showed how little falling unemployment has resonated. Most voters said they cast their ballots out of fear for the economy, stripping the Democrats from the Senate majority and implicitly rejecting President Barack Obama.
Many Americans don’t feel they’ve benefited from falling unemployment any more than they have from a sustained rise in the stock market or from solid U.S. economic growth.
Some hints of their discontent can be found within an otherwise glowing jobs report for October: Wages that are barely growing and a stubbornly low proportion of adults who either have a job or are looking for one…
Quickfacts: Canada-China agreements and initiatives
– canadianbusiness.com
BEIJING, China – A look at some of the agreements and initiatives announced during Prime Minister Stephen Harper’s visit to China:
Increased renminbi trade: Canada and China have agreed to a set of measures to support the increased use of renminbi in trade, commerce and investment between the two countries.
Foreign Affairs Ministers Dialogue and an Economic and Financial Strategic Dialogue: This agreement is designed to enhance bilateral communication and co-operation in the areas of foreign affairs and economic and financial matters.
Memorandum of Understanding on Nuclear Co-operation: Expansion of this agreement will help the Canadian nuclear industry increase its exports to China and generate jobs and growth in Canada’s nuclear energy sector.
Air Travel: An updated Canada-China Air Transport Agreement allows airlines from both countries to offer more travel options for goods, services and people.
Transit Without Visa Program: Expansion of the Transit Without Visa Program and the China Transit Program adds China Southern Airlines to both programs…
Increased renminbi trade: Canada and China have agreed to a set of measures to support the increased use of renminbi in trade, commerce and investment between the two countries.
Foreign Affairs Ministers Dialogue and an Economic and Financial Strategic Dialogue: This agreement is designed to enhance bilateral communication and co-operation in the areas of foreign affairs and economic and financial matters.
Memorandum of Understanding on Nuclear Co-operation: Expansion of this agreement will help the Canadian nuclear industry increase its exports to China and generate jobs and growth in Canada’s nuclear energy sector.
Air Travel: An updated Canada-China Air Transport Agreement allows airlines from both countries to offer more travel options for goods, services and people.
Transit Without Visa Program: Expansion of the Transit Without Visa Program and the China Transit Program adds China Southern Airlines to both programs…
90 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.
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.


