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Latest News
Convenience or comparison? Why sticking with 1 bank might not be the best option + MORE Mar 26th
Consumers love the convenience of one-stop shopping for their financial needs — but it could be costing them..... More »
Visa, Amazon, Starbucks, Biogen and Pandora are big market movers + MORE Jul 24th
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Visa Inc., up $3.05 to $74.80
The payment processing company’s third-quarter profit jumped 25 per cent, helped by a double-digit rise in activity on .... More »
This 30-year-old freelancer makes $125,000 a year and pays modest rent living with his parents. Should he invest in retirement or buy a home? + MORE Jan 27th
Jeremy says his main goal is to save for retirement, but after looking at condos online, he’s trying to decide if that will be a worthy investment..... More »
Equifax Canada says 100,000 Canadians may be affected by cyberattack + MORE Sep 19th
TORONTO _ Equifax Canada says approximately 100,000 Canadian consumers may have had their personal information and credit card details compromised in the massive cyberattack on the credit data company made public earlier this month.
The company said Tuesday the investigation is ongoing and it appear.... More »
Finance minister doesn’t rule out future changes to capital gains taxes + MORE Mar 24th
Ottawa made no changes in the federal budget to the way capital gains are taxed, but Finance Minister Bill Morneau isn’t completely ruling out changes in the future.
When asked about possible changes to the way profits from selling off personal assets are taxed in the future, Morneau left the .... More »
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.
The immense cost of keeping up during the holidays sets UPS back; cuts outlook for the year
– canadianbusiness.com
NEW YORK, N.Y. – The huge cost of ensuring timely deliveries cost UPS during the holidays and the shipping company is now cutting its outlook for the year.
Shares plunged nearly 10 per cent in premarket trading Friday.
The Atlanta company hired more workers and boosted capacity at its facilities during the busy holiday season to avoid a repeat of 2013, when shippers struggled with a deluge of orders.
UPS Inc. now expects 2014 earnings of $4.75 per share, down from its previous forecast of between $4.90 and $5 per share. Industry analysts had been looking for earnings of $4.96 per share, according to FactSet. For the fourth quarter, UPS expects earnings of $1.25 per share, well below the $1.47 per share analysts had projected.
Shares of FedEx Corp. are down more than 2 per cent.
The post The immense cost of keeping up during the holidays sets UPS back; cuts outlook for the year appeared first on Canadian Business.
Shares plunged nearly 10 per cent in premarket trading Friday.
The Atlanta company hired more workers and boosted capacity at its facilities during the busy holiday season to avoid a repeat of 2013, when shippers struggled with a deluge of orders.
UPS Inc. now expects 2014 earnings of $4.75 per share, down from its previous forecast of between $4.90 and $5 per share. Industry analysts had been looking for earnings of $4.96 per share, according to FactSet. For the fourth quarter, UPS expects earnings of $1.25 per share, well below the $1.47 per share analysts had projected.
Shares of FedEx Corp. are down more than 2 per cent.
The post The immense cost of keeping up during the holidays sets UPS back; cuts outlook for the year appeared first on Canadian Business.
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.
Brookfield to buy Johnson Control’s half of joint venture as part of new thrust
– canadianbusiness.com
TORONTO – Brookfield Asset Management Inc. (TSX:BAM.A) says it’s planning to create a new global facilities management business, which will include a Canadian and Australian business that it has jointly owned with Johnson Controls Inc.
Brookfield says it will pay US$200 million to buy the other half of the joint venture that it has had with Johnson Controls and then launch its new initiative on a large-scale in the United States and Europe.
The company is a Toronto-based alternative asset manager that’s focused primarily on real estate, renewable power generation and the forestry sector.
It currently has about $200 billion of assets under management, making it one of Canada’s largest asset managers. It is also one of the world’s leaders in commercial real estate management, with properties in major Canadian and U.S. cities..
Brookfield said Friday that the termination of its joint venture agreements with Johnson Controls will allow Brookfield to build on client relationships across its property portfolio…
Brookfield says it will pay US$200 million to buy the other half of the joint venture that it has had with Johnson Controls and then launch its new initiative on a large-scale in the United States and Europe.
The company is a Toronto-based alternative asset manager that’s focused primarily on real estate, renewable power generation and the forestry sector.
It currently has about $200 billion of assets under management, making it one of Canada’s largest asset managers. It is also one of the world’s leaders in commercial real estate management, with properties in major Canadian and U.S. cities..
Brookfield said Friday that the termination of its joint venture agreements with Johnson Controls will allow Brookfield to build on client relationships across its property portfolio…
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.


