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Your RRSP: Learn from the pros + MORE Jan 29th
TSX getting you down? There are always sound investment alternatives.
B.C. residents accused of $60-million fraud involving company with no employees - canadianbusiness.comVANCOUVER – A British Columbia brother and sister committed US$60-million in fraud in a far-reaching scheme stretch.... More »
Robots won’t steal your job but they could shrink your pay Mar 18th
New study shows that automation creates wealth and jobs as productivity gains filter through the economy. But the spoils aren’t being spread evenly across society.
.... More »
60 days - 2.00% + MORE Dec 13th
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online..... More »
RioCan to buy out partner Kimco and 22 properties + MORE Sep 24th
The RioCan and Kimco real estate businesses are unwinding their Canadian partnership, which jointly owns 35 properties in six provinces..... More »
The scoop: What Canadian investors need to know now Sep 16th
For those who like surprises, the stock markets have not disappointed in 2020. The S&P 500 surged to new heights despite the economy-clenching COVID-19 pandemic powering around the globe, and individual investors’ participation in trading reached a 10-year high during the first half of this ye.... More »
Budget surplus could be bigger than forecast in 2015, Flaherty tells CTV
– canadianbusiness.com
OTTAWA – The federal budget surplus could be bigger than predicted in 2015, Finance Minister Jim Flaherty said in an interview aired Sunday.
The assessment falls in line with projections from the parliamentary budget office that came a month ago.
A Dec. 5 report from the PBO estimated the government could achieve a surplus of $4.6 billion by 2015, nearly $1 billion more than the estimate included in the November economic update.
In an interview with CTV’s Question Period, Flaherty said Canada could have a bigger surplus than projected if both the domestic and U.S. economies continue to gain strength.
“We could have a larger surplus than we anticipate, but we will have a surplus,” said Flaherty.
The Harper Conservatives are relying on balancing the books to help propel the party through a federal election campaign that’s scheduled for the fall of 2015.
The PBO report, however, prefaced its surplus projections on expectations that the government would maintain EI premiums at current levels, that there would be no delays in selling off some public assets and that spending restraints would continue…
The assessment falls in line with projections from the parliamentary budget office that came a month ago.
A Dec. 5 report from the PBO estimated the government could achieve a surplus of $4.6 billion by 2015, nearly $1 billion more than the estimate included in the November economic update.
In an interview with CTV’s Question Period, Flaherty said Canada could have a bigger surplus than projected if both the domestic and U.S. economies continue to gain strength.
“We could have a larger surplus than we anticipate, but we will have a surplus,” said Flaherty.
The Harper Conservatives are relying on balancing the books to help propel the party through a federal election campaign that’s scheduled for the fall of 2015.
The PBO report, however, prefaced its surplus projections on expectations that the government would maintain EI premiums at current levels, that there would be no delays in selling off some public assets and that spending restraints would continue…
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-10-17. Click on the link above to get more details or apply online.
Traders look to corporate earnings to sustain big 2013 market gains
– canadianbusiness.com
TORONTO – Trading in the first full week of 2014 will likely be cautious as investors hope that fourth-quarter earnings will justify last year’s big run-up in U.S. markets.
The markets will also digest a slate of top-drawer economic data, culminating at week’s end with December employment reports for Canada and the United States.
The coming week will see the first run of U.S. earnings reports trickle in from companies like resource heavyweight Alcoa Inc., which reports on Thursday.
Expectations are high that the latest report card from corporate American can help keep intact the strong gains registered on U.S. markets last year, where the S&P 500 soared 30 per cent. The TSX gained a more modest 9.5 per cent, pulled down by sliding mining stocks.
“I think earnings growth will be decent for the quarter but I don’t think it’s going to be strong enough to validate the enormous expansion multiples we saw for the U.S. indexes last year,” said Andrew Pyle, investment adviser at ScotiaMcLeod in Peterborough, Ont…
The markets will also digest a slate of top-drawer economic data, culminating at week’s end with December employment reports for Canada and the United States.
The coming week will see the first run of U.S. earnings reports trickle in from companies like resource heavyweight Alcoa Inc., which reports on Thursday.
Expectations are high that the latest report card from corporate American can help keep intact the strong gains registered on U.S. markets last year, where the S&P 500 soared 30 per cent. The TSX gained a more modest 9.5 per cent, pulled down by sliding mining stocks.
“I think earnings growth will be decent for the quarter but I don’t think it’s going to be strong enough to validate the enormous expansion multiples we saw for the U.S. indexes last year,” said Andrew Pyle, investment adviser at ScotiaMcLeod in Peterborough, Ont…
60 days – 1.55%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online.
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-03-07. Click on the link above to get more details or apply online.
