There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
The best GIC rates in Canada for 2024 + MORE Jun 3rd
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare now
Why trust us
MoneySense is an award-winning magazine,.... More »
Feds reject Exxon Mobil bid to block shareholder proposal + MORE Mar 25th
ALBANY, N.Y. – The Securities and Exchange Commission has rejected Exxon Mobil’s bid to block a shareholder proposal that would require it to disclose how its business will be affected by a 2-degree target limit on global warming.
The SEC Office of Chief Counsel said it disagrees with th.... More »
Laneway homes raise insurance concerns + MORE Sep 18th
(Joe Wolf/Creative Commons)
TORONTO – Soaring real estate costs are pushing some Canadian cities to embrace laneway housing, touted as the future of affordable living in urban centres.
But as the properties become more popular and balloon in value, questions are beginning to arise about whether cu.... More »
U.S. Futures Edge Higher; Treasuries, Dollar Gain: Markets Wrap - Yahoo Finance May 22nd
U.S. Futures Edge Higher; Treasuries, Dollar Gain: Markets Wrap Yahoo FinanceStocks - Nvidia Rises, Alibaba, HPE Fall in Premarket Investing.comDow falls 150 points amid U.S.-China trade tensions, still up big for the week CNBCHow major US stock indexes fared Thursda.... More »
This major Ontario lender announces financial hit as borrowers miss payments, bad loans mount Mar 11th
Publicly-traded Goeasy's announcement follows Star investigation revealing staff at subsidiary LendCare had set out to suppress its delinquency rate..... More »
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
Manitoba Telecom Services says the federal government has rejected a deal for it to sell its business unit Allstream to Egyptian investment group Accelero Capital Holdings due to “unspecified national security concerns.”
Feds rejects Allstream sale to Egyptian group over ‘national security’: MTS
– canadianbusiness.com
WINNIPEG – Manitoba Telecom Services (TSX:MTS) says the federal government has rejected a deal for it to sell its business unit Allstream to Egyptian investment group Accelero Capital Holdings due to “unspecified national security concerns.”
The Winnipeg company said late Monday it is “extremely surprised and disappointed” by the decision to not approve the deal, which was announced last May. At the time, the company valued the sale at $520 million.
“MTS Allstream and Accelero continue to believe this transaction is to Canada’s net benefit and to the best of our knowledge would not be injurious to national security,” MTS said in a statement.
The company said it and Accelero, which is owned by Egyptian telecom magnate Naguib Sawiris, have offered to “take whatever actions are necessary” to address Industry Canada’s concerns, but have been rejected.
Sawiris is an original investor in small wireless company Wind Mobile, which operates in Canada…
The Winnipeg company said late Monday it is “extremely surprised and disappointed” by the decision to not approve the deal, which was announced last May. At the time, the company valued the sale at $520 million.
“MTS Allstream and Accelero continue to believe this transaction is to Canada’s net benefit and to the best of our knowledge would not be injurious to national security,” MTS said in a statement.
The company said it and Accelero, which is owned by Egyptian telecom magnate Naguib Sawiris, have offered to “take whatever actions are necessary” to address Industry Canada’s concerns, but have been rejected.
Sawiris is an original investor in small wireless company Wind Mobile, which operates in Canada…
Senate Democrats to try passing debt ceiling increase, challenging GOP
– canadianbusiness.com
WASHINGTON – Democrats controlling the Senate are planning to try to pass a stand-alone measure to increase the government’s borrowing cap, challenging Republicans to a filibuster showdown that could unnerve financial markets as the deadline to a first-ever default on U.S. obligations draws closer.
A spokesman said Senate Majority Leader Harry Reid could unveil the measure as early as Tuesday, setting the table for a test vote later in the week. The measure is expected to provide enough borrowing room to last beyond next year’s election, which means it likely will permit $1 trillion or more in new borrowing above the current $16.7 trillion debt ceiling that the administration says will be hit on Oct. 17.
The development came as a partial shutdown of the government enters its second week with no end in sight.
It’s not clear whether Reid’s gambit will work. Republicans are expected to oppose the measure if it doesn’t contain budget cuts to make a dent in deficits…
A spokesman said Senate Majority Leader Harry Reid could unveil the measure as early as Tuesday, setting the table for a test vote later in the week. The measure is expected to provide enough borrowing room to last beyond next year’s election, which means it likely will permit $1 trillion or more in new borrowing above the current $16.7 trillion debt ceiling that the administration says will be hit on Oct. 17.
The development came as a partial shutdown of the government enters its second week with no end in sight.
It’s not clear whether Reid’s gambit will work. Republicans are expected to oppose the measure if it doesn’t contain budget cuts to make a dent in deficits…
