5.5 year – 2.50% + MORE Jul 6th

How to go about securing the best return for your investment in Canada.
Latest News
 financial

CPPIB looks to General Electric to expand U.S. reach + MORE Jun 9th

The two organizations have been negotiating since April the purchase of as much as $10-billion (U.S.) of General Electric’s financial assets .... More »
 mutual funds

Your home sold—now what? + MORE Apr 1st

If you’ve sold your home or are planning to soon, you may have a large amount of cash that needs a temporary parking spot while you prepare for your next move. A regular savings account pays very little interest—so unless you need the money right away, it makes sense to seek higher returns. S.... More »
 resp

George Weston hikes dividend as improvements at Loblaw boost profit + MORE May 9th

Company posts a 189-per-cent increase to its first-quarter profit .... More »
 earnings

Sluggish exports continue to confound, says Bank of Canada governor + MORE Oct 9th

WASHINGTON – The perplexingly persistent sluggishness of exports has slowed Canada’s adjustment to low oil prices, the country’s central banker said Saturday. The problem continues to confound, Stephen Poloz said. Canada is relying on an anticipated jump in non-commodity exports, a.... More »

Huawei Mate20 Pro review: Controversy aside, Chinese company makes a superior smartphone - Gananoque Reporter + MORE Dec 24th

Huawei Mate20 Pro review: Controversy aside, Chinese company makes a superior smartphone  Gananoque ReporterWith the recent arrest of Huawei's chief financial officer in Vancouver and China's retaliatory detention of Canadians within its borders, it might seem like an odd ...View full cove.... More »

5.5 year – 2.50%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-28. Click on the link above to get more details or apply online.

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90 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.

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Financial literacy leader focuses on seniors: RosemanCanada’s new financial literacy leader, Jane Rooney, wants to build seniors’ money skills in the first phase of developing a national strategy.

Continue Reading On thestar.com »

The chief of the International Monetary Fund predicts that the global economy will improve over the next 18 months but says that growth might not be as fast as previously expected.
IMF Managing Director Christine Lagarde says that investment remains weak and that the recovery in the United States hinges on the ability of the Federal Reserve to gradually reduce stimulus measures and on political leaders agreeing on a fiscal plan.
Lagarde made the comments Sunday at a conference in France. The IMF is expected to refresh its economic forecasts this month. In April, it predicted global growth of 3.6 per cent this year and 3.9 per cent in 2015, up from 3 per cent last year.
Growth was unexpectedly weak earlier this year but should gain momentum in the second half of 2014 and pick up more in 2015, Lagarde said. Still, she said, the recovery in advanced countries remains tepid, and developing countries won’t grow as fast as had been expected.
“Global activity is strengthening but could be weaker than we had expected, as potential growth is lower, and investment remains depressed,” she said…

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Avid readers of this site might already know one of my favourite financial books is The Investor’s Manifesto by William Bernstein.  Bernstein is a best selling financial author and was practicing neurologist.  Needless to say he is very bright and his books are witty and fun to read, yes, a financial book can be fun to read.   Recently, Bernstein released a short ebook entitled If You Can: How Millennials Can Get Rich Slowly.  I recall a few weeks ago this book was free a limited period of time but it’s still cheap for the frugal folks out there for the price of $1.10 CDN.
If You Can was targeted to Millennials providing a trusted recipe for financial freedom; information I wish I read about 20 years ago when I was a trying to figure out the investing universe.  Here are my favourite takeaways from If You Can and what Millennials can learn from this bargain book about the five bad things – hurdles as Bernstein puts – that you must overcome if you are to retire successfully…

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