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120 days - 1.70% + MORE May 18th
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online..... More »
The MoneySense guide to inflation (2025) + MORE Dec 4th
Inflation is the increase in the cost of goods or services. Governments use this valuable information to set monetary policy. In turn, lenders and banks also rely on inflation numbers to set interest rates, and borrowers use them to make investment or budgeting goals.
We’ll explain how inflatio.... More »
3.5 year - 2.30% + MORE Jan 8th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online..... More »
Asian stocks lower, except for Tokyo, on Yellen speech + MORE Aug 29th
TOKYO – Most Asian stocks slipped Monday on remarks from the U.S. Federal Reserve late last week that the case has strengthened for raising interest rates, but the Tokyo market was an exception and gained on prospects for a strong dollar.
KEEPING SCORE: Japan’s benchmark Nikkei 225 added.... More »
Financial sector weighs on Toronto stock market, U.S. markets in the red + MORE May 29th
Canada's main stock index closed in the red, hurt by losses in the financial sector as political turmoil in Italy was felt across global markets..... More »
Traders look to latest reading on economy after jobs shock, earnings reports
– canadianbusiness.com
TORONTO – Traders will likely be cautious this week as investors try to decide if a huge miss on job creation expectations last month indicates the U.S. economy has run into a rough patch.
Also, the fourth quarter earnings reporting season kicks into gear and investors will take in reports from major financial institutions and other market bellwethers, including General Electric and chip giant Intel.
There was a big surprise on markets at the end of the week when data showed the U.S. economy cranked out only 74,000 jobs as opposed to the 200,000 that economists had forecast.
Traders struggled to find a concrete reason for the huge miss as expectations had ratcheted higher in the wake of a steady stream of recent positive economic data.
“All of the recent data has been so good that everyone thought that this was a slam dunk,” said Wes Mills, chief investment officer at Scotia Asset Management.
“And so this is going to raise doubts across the board and clearly sentiment is going to take a hit on this…
Also, the fourth quarter earnings reporting season kicks into gear and investors will take in reports from major financial institutions and other market bellwethers, including General Electric and chip giant Intel.
There was a big surprise on markets at the end of the week when data showed the U.S. economy cranked out only 74,000 jobs as opposed to the 200,000 that economists had forecast.
Traders struggled to find a concrete reason for the huge miss as expectations had ratcheted higher in the wake of a steady stream of recent positive economic data.
“All of the recent data has been so good that everyone thought that this was a slam dunk,” said Wes Mills, chief investment officer at Scotia Asset Management.
“And so this is going to raise doubts across the board and clearly sentiment is going to take a hit on this…
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-10-17. Click on the link above to get more details or apply online.
Calgary seismic firm alleges intellectual property rights to data violated
– canadianbusiness.com
CALGARY – A Calgary-based seismic company claims its business is being undercut by regulatory agencies that have been publicly disclosing data it says it spent hundreds of millions of dollars to collect in Canada’s offshore.
Geophysical Service Inc. makes — or rather made — its money by mapping the earth’s layers beneath the ocean floor using sonogram-like technology, amassing a trove of valuable information that it would sell to oil and gas companies hunting for their next big find.
In a bevy of lawsuits, GSI says would-be customers have been getting hold of that data for free after files it submitted as part of the regulatory process — a required step in obtaining a permit to do the mapping — were improperly released.
GSI claims its intellectual property rights have been violated and its assets have been expropriated without compensation, rendering its data all but worthless.
The allegations have not been proven in court.
In its heyday, GSI was a 250-person operation that had a hand in some of Atlantic Canada’s biggest offshore oil and gas discoveries…
Geophysical Service Inc. makes — or rather made — its money by mapping the earth’s layers beneath the ocean floor using sonogram-like technology, amassing a trove of valuable information that it would sell to oil and gas companies hunting for their next big find.
In a bevy of lawsuits, GSI says would-be customers have been getting hold of that data for free after files it submitted as part of the regulatory process — a required step in obtaining a permit to do the mapping — were improperly released.
GSI claims its intellectual property rights have been violated and its assets have been expropriated without compensation, rendering its data all but worthless.
The allegations have not been proven in court.
In its heyday, GSI was a 250-person operation that had a hand in some of Atlantic Canada’s biggest offshore oil and gas discoveries…
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online.
5.5 year – 2.35%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2013-11-09. Click on the link above to get more details or apply online.
