60 days – 1.75% + MORE Jan 19th

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.

LONDON – The richest 1 per cent of the population will own more than half the world’s wealth by 2016, Oxfam International said in a report released as the World Economic Forum begins in Davos, Switzerland.
Oxfam said the world’s richest people saw their share of global wealth jump to 48 per cent last year from 44 per cent in 2009. Rising inequality is holding back the fight against global poverty as the world’s biggest companies lobby the U.S. and European Union for beneficial tax changes at a time when average taxpayers are still paying the bill for the financial crisis, Oxfam said.
“Do we really want to live in a world where the 1 per cent own more than the rest of us combined?” Winnie Byanyima, Oxfam’s executive director, said in a statement. “The scale of global inequality is quite simply staggering, and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening fast.”
While world leaders such as President Barack Obama and International Monetary Fund chief Christine Lagarde have talked about tackling extreme economic inequality “we are still waiting for many of them to walk the walk,” Byanyima said…

CBC.caBrian Malley's murder trial begins in Red Deer, Alta.CBC.caA Crown prosecutor says an Alberta financial adviser built a pipe bomb in his garage, wrapped it as a present and left it on the doorstep of a disabled client. Anders Quist told a jury in his opening address Monday in the Red Deer Court of Queen's Bench that …Alberta financial adviser built bomb, wrapped it as a present and delivered it to …National PostTrial underway for financial advisor accused in bombing death of Innisfail motherCTV NewsPipe bomb that killed paraplegic disguised as Christmas present, court toldSarnia Observerall 52 news articles »

WINDSOR, Ont. – Ontario’s Liberal government is providing a $1.5-million grant to auto parts manufacturer Nemak of Canada to expand operations and create 80 new jobs in Windsor over the next four years.
Nemak will use the grant to increase production capacity of aluminum engine blocks that it sells to Shanghai General Motors of China, which will help preserve the 200 existing jobs at its Windsor operations.
The grant for Nemak, a subsidiary of Tenedora Nemak of Mexico, will come from the Southwestern Ontario Development Fund, which is used to encourage regional businesses to pursue innovation and new markets.
Finance Minister Charles Sousa says providing financial support for expansions like Nemak’s are important opportunities for the province, and will help increase the company’s global competitiveness.
The province recently provided a $50-million grant to another auto parts manufacturer, Linamar Corp., for a $500-million expansion of its manufacturing operations in Guelph, with a promise to create 1,200 new jobs over 10 years…

National PostJohn Ivison: If firefight with ISIS wasn't start of combat mission, war may be yet to …National PostOTTAWA — Last October, the House of Commons agreed to send “military assets,” in the form of CF-18 fighters, to Iraq to battle the Islamic State. The resolution presented by the government said Canada would not deploy troops on the ground in combat …Canadian soldiers forced to defend themselves in firefight in Iraq: generalHamilton SpectatorWar with Isis: Canadian Special Forces fire on Islamic State militants in first …The IndependentCanadian special forces calling in air strikes and shooting ISIL gunmenOttawa CitizenThe Globe and Mail -Toronto Sunall 132 news articles »