All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Scotiabank boosts dividend as quarterly profit rises 5 per cent - The Globe and Mail + MORE Mar 1st
The Globe and MailScotiabank boosts dividend as quarterly profit rises 5 per centThe Globe and MailBank of Nova Scotia, Canada's third-largest bank, reported a 5.1 per cent rise in quarterly profit, helped by growth in its international banking business. The results from Scotiabank round out th.... More »
The best TFSAs in Canada for 2021 + MORE Jan 27th
A tax-free savings account, known better as a TFSA, is a savings vehicle available to Canadians aged 18 and up who have a valid social insurance number (SIN). It was launched by the federal government in 2009 as a way to encourage Canadians to save and invest.
As the name suggests, TFSAs offer a tax.... More »
Markets Right Now: US stocks open lower; bonds rise + MORE Jul 5th
NEW YORK, N.Y. – The latest on developments in global financial markets (all times local):
9:35 a.m.
Stocks are opening lower and bond prices are rising on new concerns about Britain’s decision to leave the European Union.
European markets were mostly lower and the pound weakened further.... More »
Trudeau prepared to back up pipeline with new legislation, funding, say B.C., Alta premiers Apr 15th
Alberta Premier Rachel Notley says her government and the federal government have developed a financial plan that will ensure Kinder Morgan’s financial risk associated with the construction of the Trans Mountain pipeline is mitigated, paving the way for the pipeline to be built..... More »
Alberta to announce new oil and gas royalty framework today + MORE Jan 29th
CALGARY — Alberta Premier Rachel Notley will be in Calgary today to reveal the province’s new oil and gas royalty framework.
The announcement comes as oil hovers around US$30 a barrel and industry players have warned the government against doing anything to worsen the pain.
The new system w.... More »
How We Spent Our Tax Refund This Year
– myownadvisor.ca
Some time ago on this site I offered up a question for readers to consider: What would you do with $1,000?
In that article I shared what I’d do with that tidy sum if it found me.
Recently we got our tax refund back, a couple grand, so more than the “found money” I am referring to above. A tax refund is a mixed blessing really. On the good side, we were given money back. On the downside, a tax refund means we just gave our government an interest-free loan over the last year. On that note, I think getting a huge tax refund is undesirable and many Canadians should not welcome this although I know many people do. This year, I put more money into my RRSP and got a larger tax refund back because of it (compared to previous years). I suppose this created a good problem but I actually prefer to optimize my RRSP instead. I hope to do a better job of managing my RRSP contributions this year…
In a more recent post I offered some suggestions to spend your tax refund wisely…
In that article I shared what I’d do with that tidy sum if it found me.
Recently we got our tax refund back, a couple grand, so more than the “found money” I am referring to above. A tax refund is a mixed blessing really. On the good side, we were given money back. On the downside, a tax refund means we just gave our government an interest-free loan over the last year. On that note, I think getting a huge tax refund is undesirable and many Canadians should not welcome this although I know many people do. This year, I put more money into my RRSP and got a larger tax refund back because of it (compared to previous years). I suppose this created a good problem but I actually prefer to optimize my RRSP instead. I hope to do a better job of managing my RRSP contributions this year…
In a more recent post I offered some suggestions to spend your tax refund wisely…
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
60 days – 1.55%
– ratesupermarket.ca
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.
120 days – 1.70%
– ratesupermarket.ca
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.
Arkansas-based Simmons First to buy Missouri-based Liberty Bank in all-stock deal
– canadianbusiness.com
PINE BLUFF, Ark. – Simmons First National Corporation says it is buying Liberty Bancshares in an all-stock transaction valued at more than $206 million.
The deal is expected to close in the fourth quarter and is subject to approval by shareholders.
Through the end of March, Springfield, Missouri-based Liberty had assets of $1.1 billion, loans of $811 million and deposits of $885 million.
Simmons First Chairman and CEO George A. Makris says Liberty’s expertise in small-business lending will enhance commercial offerings.
Liberty Chairman and CEO Gary Metzger called the merger a “win, win, win situation.”
Simmons is based in Pine Bluff, Arkansas.
The post Arkansas-based Simmons First to buy Missouri-based Liberty Bank in all-stock deal appeared first on Canadian Business.
The deal is expected to close in the fourth quarter and is subject to approval by shareholders.
Through the end of March, Springfield, Missouri-based Liberty had assets of $1.1 billion, loans of $811 million and deposits of $885 million.
Simmons First Chairman and CEO George A. Makris says Liberty’s expertise in small-business lending will enhance commercial offerings.
Liberty Chairman and CEO Gary Metzger called the merger a “win, win, win situation.”
Simmons is based in Pine Bluff, Arkansas.
The post Arkansas-based Simmons First to buy Missouri-based Liberty Bank in all-stock deal appeared first on Canadian Business.
