60 days – 1.75% + MORE Sep 21st

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CIBC: The BIS is wrong, Canada not at risk of financial crisis + MORE Mar 19th

A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web. .... More »

Statscan's plan to harvest private banking info on hold, pending investigation - The Globe and Mail Nov 8th

The Globe and MailStatscan's plan to harvest private banking info on hold, pending investigationThe Globe and MailStatistics Canada's controversial plan to harvest personal financial data without people's consent is on hold until an investigation of the legality and intrusiveness of t.... More »
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Can I avoid probate? + MORE Sep 15th

Q: Do I have to probate cash if that is all there is in an estate? The estimate is $90,000 in a bank. Do I have to probate the estimated $120,000 in Canadian stocks? There are three siblings that will all sign off on a decision according to the only will ever prepared (equal split). -Spike A: Benjam.... More »
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Canada needs an agency to handle real estate bubbles + MORE Aug 27th

@media all and (min-width: 1008px) and (max-width: 1264px) { .tab-nav li.menu-item a{ padding: 22px 18px; } } One of Bank of Canada Governor Stephen Poloz’s deputies spoke about housing this week. Lawrence Schembri was disarmingly calm while tackling a subject that can easily lead to hysteric.... More »

Cenovus Energy looking to cut jobs, slash dividends + MORE Jul 30th

Cenovus Energy Inc says it's looking to cut between 300 to 400 jobs in the second half of this year, and is chopping its quarterly dividend by 40 per cent..... More »
SYDNEY – Finance chiefs from the 20 largest economies said on Sunday they are close to reaching their goal of boosting world GDP by more than $2 trillion over the next five years, and will focus on infrastructure investment to help reach the target.
Australian Treasurer Joe Hockey, who hosted the Group of 20 meeting in the northern Australian city of Cairns, said the G-20 finance ministers and central bankers had agreed to more than 900 policy initiatives to meet the goal they set in February during a gathering in Sydney.
The G-20, which represents about 85 per cent of the global economy, said an analysis of those initiatives show they should boost the combined gross domestic product of member countries by 1.8 per cent above levels expected for the next five years — just short of the group’s target of 2 per cent.
In July, the International Monetary Fund downgraded its economic forecast, estimating the world economy would expand 3.4 per cent this year, rather than the 3.7 per cent it had previously predicted, due to weaker growth in the U…

Continue Reading On canadianbusiness.com »

120 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

To keep me honest and focused I post my financial goals on My Own Advisor.  One thing I’ve learned over the years is I have a much better chance at realizing my goals if I keep tabs on them, and often.
Here’s a recap of our original 2014 financial goals:

Continue putting $300 lump sum payments on our mortgage every month ($3,600).
Maximize both Tax Free Savings Accounts (TFSAs) ($11,000).
Increase Registered Retirement Savings Plan (RRSP) contributions by $200 per month ($2,400).

Here’s our report card with just less than four months to go in 2014.
Continue putting $300 lump sum payments on our mortgage every month ($3,600) – on target!
Since January 2014 we’ve been meeting this goal.  I’ve calculated if we keep up our prepayment schedule I’m predicting we’ll be mortgage free 7 years this Christmas.
Maximize both Tax Free Savings Accounts (TFSAs) ($11,000)
I hold some Canadian stocks that pay dividends in one account so I moved some of those holdings into my TFSA earlier this year…

Continue Reading On myownadvisor.ca »

60 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

30 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

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