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Should you join your money with your honey? Jun 3rd
Joint accounts can help you plan your financial future..... More »
Newsmaker of the day: Guy Laliberté + MORE Apr 20th
(Ryan Remiorz/CP)
Guy Laliberté was never the best poker player. He loved the high stakes, though. There were tournaments the Cirque du Soleil co-founder hosted where a single seat at the table cost $1 million. In televised high-stakes cash games, he might let his opponents off the hook if they had.... More »
Making sense of the markets this week: December 14 Dec 12th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
What’s coming down the pipeline for Canadian investors?
Canadian pipeline companies move oil and gas around North America. They don’t carry the risk of having to find an.... More »
Are Canadian pension buybacks worth it? Jul 20th
Ask MoneySense
I am currently transferring my pension from a provincial to a federal government pension plan. I’m trying to determine if it is worth purchasing the balance of service and, if so, should I use my RRSP or TFSA funds. Here’s some relevant info:
Service Credited: 7 years, 140 days.... More »
How to make a spousal RRSP work for you + MORE Oct 30th
P O R T F O L I O F I X
THE PROBLEM
James and Claudia Williams are in an envious position. The’ve paid off their home, they’re debt free and they have healthy savings in RRSPs, TFSAs, and other accounts. They’ve also just welcomed their first child and are already talking abo.... More »
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.
60 days – 2.00%
– ratesupermarket.ca
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.
OpenText to buy U.S. software analytics firm Actuate for US$330 million
– canadianbusiness.com
WATERLOO, Ont. – OpenText (TSX:OTC) says it will acquire software analytics company Actuate Corp. in a deal valued at US$330 million.
The Waterloo, Ont., business software company says it will pay US$6.60 per share in cash for all outstanding shares of Actuate. The Silicon Valley-based company will put US$58.3 million cash towards the deal, making the total enterprise value approximately US$272 million
OpenText will fund the takeover with cash on hand.
It says the agreement has already been approved by boards at both companies.
Actuate employs more than 500 workers in 12 countries and has about 5,000 customers in financial services, technology and government.
The post OpenText to buy U.S. software analytics firm Actuate for US$330 million appeared first on Canadian Business.
The Waterloo, Ont., business software company says it will pay US$6.60 per share in cash for all outstanding shares of Actuate. The Silicon Valley-based company will put US$58.3 million cash towards the deal, making the total enterprise value approximately US$272 million
OpenText will fund the takeover with cash on hand.
It says the agreement has already been approved by boards at both companies.
Actuate employs more than 500 workers in 12 countries and has about 5,000 customers in financial services, technology and government.
The post OpenText to buy U.S. software analytics firm Actuate for US$330 million appeared first on Canadian Business.
Detroit emergency manager says budget surplus projected after city officially exits bankruptcy
– canadianbusiness.com
DETROIT – The state-appointed emergency manager who helped take Detroit into bankruptcy says he sees a budget surplus not long after it emerges.
The Detroit News and Detroit Free Press report that Kevyn Orr told the city’s financial oversight board Friday that he projects a surplus of about $100 million by the end of next fiscal year.
Orr tells the panel he’ll ask a federal judge to make the bankruptcy exit official next week. He says he’ll resign when the financial emergency is completed and he hopes that will come by mid-month.
Gov. Rick Snyder appointed Orr as Detroit’s emergency manager in March 2013. Four months later, they decided bankruptcy was the best solution to slash billions of dollars of debt.
A judge last month approved Orr’s long-term fiscal recovery plan.
The post Detroit emergency manager says budget surplus projected after city officially exits bankruptcy appeared first on Canadian Business.
The Detroit News and Detroit Free Press report that Kevyn Orr told the city’s financial oversight board Friday that he projects a surplus of about $100 million by the end of next fiscal year.
Orr tells the panel he’ll ask a federal judge to make the bankruptcy exit official next week. He says he’ll resign when the financial emergency is completed and he hopes that will come by mid-month.
Gov. Rick Snyder appointed Orr as Detroit’s emergency manager in March 2013. Four months later, they decided bankruptcy was the best solution to slash billions of dollars of debt.
A judge last month approved Orr’s long-term fiscal recovery plan.
The post Detroit emergency manager says budget surplus projected after city officially exits bankruptcy appeared first on Canadian Business.
90 days – 2.00%
– ratesupermarket.ca
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.
