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Aritzia’s profit soars in Q3 Jan 11th
Aritzia Inc.’s net income jumped by almost 72% over the last year as the company’s e-commerce and U.S. revenues soared, but some of its financial figures also showed softness in the Canadian market.
The Vancouver-based apparel retailer announced Wednesday that its third-quarter net income tot.... More »
Wealthsimple reveals that it’s now profitable, after 10 years in operation Sep 18th
As Wealthsimple marks a decade in operation, the financial platform is disclosing for the first time that it’s profitable as its revenue and assets jump.
The company that started as a robo-advisor has been steadily adding investment capabilities over the years as well as more bank-like featur.... More »
How should a 24-year-old invest now to minimize taxes in the future? + MORE Dec 5th
Q. I’m 24 years old and have a dilemma. I have made the maximum contributions to my Tax-Free Savings Account (TFSA) every year, and now I’m wondering what money moves I should make next. By that, I mean what is the best investment route for me at this stage of my life so that I pay the least amo.... More »
More than half of Canadians have less than $10K set aside for emergencies: BMO - Vancouver Sun + MORE Sep 1st
CTV NewsMore than half of Canadians have less than $10K set aside for emergencies: BMOVancouver SunTORONTO - Canadians on average are socking away more money for potential financial emergencies than in the past, but a new survey has found that almost a quarter are still living paycheque to paycheque.... More »
Shopify raising IPO price on strong demand for startup + MORE May 19th
Shopify Inc., which provides software for merchants to run their businesses, has increased the maximum price and number of shares it plans to sell in its initial public offering expected later this week.
.... More »
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
Time for a reality check on bank stocks: Roseman
– thestar.com
Canadian banks do well in the long term as an investment, but often go through temporary declines. They’re in one now, but should recover.60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
3.5 year – 2.30%
– ratesupermarket.ca
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.
Toyota raises forecast as quarterly profit jumps 14 per cent, overseas sales rise on weak yen
– canadianbusiness.com
TOKYO – Toyota Motor Corp., the world’s No. 1 automaker, raised its earnings forecast Wednesday after third quarter profit jumped 14 per cent, boosted by a weak yen.
Toyota reported a better-than-expected 600 billion yen ($5.1 billion) profit for the three months through December. Quarterly sales of 7.17 trillion yen ($61 billion) were up 9 per cent year-on-year.
Analysts surveyed by FactSet had forecast a quarterly profit of 540 billion yen ($4.6 billion).
The Japanese automaker, which makes the Camry sedan, Prius hybrid and Lexus luxury model, expects a profit of 2.13 trillion yen ($18 billion) for the fiscal year through March, up nearly 17 per cent from the previous year. It had previously projected a 2 trillion yen ($17 billion) profit.
Toyota has held the top spot in global vehicle sales for three years straight, selling 10.23 million vehicles last year, beating Volkswagen AG of Germany and U.S. rival General Motors Co.
Toyota’s bottom line has gotten a lift from the cheap yen, although Managing Officer Taku Sasaki also credited cost cuts…
Toyota reported a better-than-expected 600 billion yen ($5.1 billion) profit for the three months through December. Quarterly sales of 7.17 trillion yen ($61 billion) were up 9 per cent year-on-year.
Analysts surveyed by FactSet had forecast a quarterly profit of 540 billion yen ($4.6 billion).
The Japanese automaker, which makes the Camry sedan, Prius hybrid and Lexus luxury model, expects a profit of 2.13 trillion yen ($18 billion) for the fiscal year through March, up nearly 17 per cent from the previous year. It had previously projected a 2 trillion yen ($17 billion) profit.
Toyota has held the top spot in global vehicle sales for three years straight, selling 10.23 million vehicles last year, beating Volkswagen AG of Germany and U.S. rival General Motors Co.
Toyota’s bottom line has gotten a lift from the cheap yen, although Managing Officer Taku Sasaki also credited cost cuts…


