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What is the Saskatchewan Pension Plan? May 12th
The Saskatchewan Pension Plan (SPP) was introduced in 1986 and was originally intended to help part-time workers, the self-employed, or others without access to a pension to save for retirement. Over time, it has evolved and become more appealing to both individuals and businesses.
Who can .... More »
At the open: TSX rises as earnings beats boost Rogers, CP Rail + MORE Jul 20th
S&P, Nasdaq opens at new highs on strong earnings
.... More »
3.5 year - 2.30% + MORE Dec 26th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online..... More »
Canadian dollar falls ahead of open at Toronto Stock Exchange + MORE Jun 1st
TORONTO – The Canadian dollar was down about one-quarter of a U.S. cent ahead of trading on North American stock markets, which appeared headed for a positive open.
The loonie traded at 80.13 cents US, down 0.28 of a U.S. cent from Friday’s close.
The Dow Jones industrial futures were up.... More »
Business Highlights + MORE Mar 11th
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European Central Bank surprises with broad stimulus action
FRANKFURT, Germany (AP) — European Central Bank launched an unexpectedly broad array of stimulus measures Thursday aimed at boosting a modest economic recovery in the 19 countries that use the euro and nudging up dangerously low inflat.... More »
International Monetary Fund says Cyprus will need more spending cuts to meet bailout targets
– canadianbusiness.com
NICOSIA, Cyprus – The International Monetary Fund said Wednesday that Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program.
IMF official Delia Velculescu said that more permanent cuts to government spending, including the public sector wage bill, are needed for authorities to achieve a primary surplus of four per cent of gross domestic product by 2018. A primary surplus does not count the cost of servicing existing debt.
That surplus is seen as key to rolling back Cyprus’ public debt which is now around 120 per cent of gross domestic product. According to the program terms, public debt must fall to around 100 per cent of GDP by 2020.
With Cyprus on the verge of bankruptcy, a joint IMF-European Union rescue package agreed in March 2013 forced uninsured deposits in the country’s two largest banks to be seized in order to recapitalize the bigger Bank of Cyprus. The smaller lender, Laiki, was shut down and parts of it absorbed by Bank of Cyprus…
IMF official Delia Velculescu said that more permanent cuts to government spending, including the public sector wage bill, are needed for authorities to achieve a primary surplus of four per cent of gross domestic product by 2018. A primary surplus does not count the cost of servicing existing debt.
That surplus is seen as key to rolling back Cyprus’ public debt which is now around 120 per cent of gross domestic product. According to the program terms, public debt must fall to around 100 per cent of GDP by 2020.
With Cyprus on the verge of bankruptcy, a joint IMF-European Union rescue package agreed in March 2013 forced uninsured deposits in the country’s two largest banks to be seized in order to recapitalize the bigger Bank of Cyprus. The smaller lender, Laiki, was shut down and parts of it absorbed by Bank of Cyprus…
Salaries of chiefs to be posted online – InsideHalton.com
– news.google.ca
Salaries of chiefs to be posted onlineInsideHalton.comREGINA – People will soon be able to look up the salaries for First Nations chiefs online. Tuesday was the deadline for First Nations to submit their financial statements to the federal government. The salaries of chiefs and councillors will be posted on the …and more »
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.
New York TimesAs Sanctions Pile Up, Russians' Alarm Grows Over Putin's TacticsNew York TimesCritics are saying that President Vladimir V. Putin overreached by suggesting that Russia could thrive without the West. Credit Pool photo by Mikhail Klimentyev. Continue reading the main story. Continue reading the main story. Continue reading the main …UPDATE 2-Russian assets rally, shrugging off Western sanctionsReutersBritain will not start World War Three over Ukraine, David Cameron saysTelegraph.co.ukEU sanctions on Russia could self-harmThe HinduChristian Science Monitor -Reuters India -RIA Novostiall 3,512 news articles »
90 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.
