All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Business Highlights + MORE Jun 13th
___
Greece set to present fresh proposals to break impasse
ATHENS, Greece (AP) — Greece said Friday it will present its creditors with new proposals over the weekend in an attempt to breathe life into stalled bailout discussions that have stoked fears of the country’s bankruptcy.
Confirmatio.... More »
Making sense of the markets this week: April 21, 2024 + MORE Apr 19th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Canada’s unproductive budget
After talking a lot about how we really—finally—need to get serious about the decades.... More »
Capital gains on subdivided land, and HST on vacant land Mar 10th
Our primary residence of three years is built on a double lot. We received a partial discharge of our double lot and built our house on it for cash. Do we have to pay any capital gains? We did not plan on doing this when we first purchased it.
–Devon
Is there GST on land sales?
First, when you sel.... More »
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 »
5 things to watch for when the Federal Reserve ends its policy meeting on Thursday + MORE Sep 17th
WASHINGTON – As it does once each quarter, the Federal Reserve will deliver a triple-dose of news Thursday afternoon — a policy statement, economic forecasts and a news conference by Chair Janet Yellen. But all eyes will be on one question:
Is the Fed raising interest rates from record lows?.... More »
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
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.
Uranium producer Cameco boosts Q4 profit by 14% to $73M
– canadianbusiness.com
SASKATOON – Cameco (TSX:CCO) has reported a double-digit increase in fourth-quarter profits despite a nine per cent drop in revenue.
The Saskatchewan-based uranium producer says net income attributable to shareholders in the three months ended Dec. 31 was $73 million or 18 cents per share.
That was up from $64 million or 16 cents per share even as revenue fell to $899 million from $977 million.
Adjusted earning were $205 million or 52 cents per share, up 37 per cent from $150 million or 38 cents in the prior-year period.
The company attributed the improved performance to higher average realized prices for uranium and a lower average costs of sales, along with a favourable $37-million settlement involving a dispute over a long-term supply contract.
It also reported lower exploration expenditures and a higher income tax recovery than in the prior-year period.
For the full year, Cameco said net earnings were $185 million or 47 cents per share on almost $2.4 billion of revenue, down from $318 million or 81 cents per share on revenue of $2…
The Saskatchewan-based uranium producer says net income attributable to shareholders in the three months ended Dec. 31 was $73 million or 18 cents per share.
That was up from $64 million or 16 cents per share even as revenue fell to $899 million from $977 million.
Adjusted earning were $205 million or 52 cents per share, up 37 per cent from $150 million or 38 cents in the prior-year period.
The company attributed the improved performance to higher average realized prices for uranium and a lower average costs of sales, along with a favourable $37-million settlement involving a dispute over a long-term supply contract.
It also reported lower exploration expenditures and a higher income tax recovery than in the prior-year period.
For the full year, Cameco said net earnings were $185 million or 47 cents per share on almost $2.4 billion of revenue, down from $318 million or 81 cents per share on revenue of $2…
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.
