How to go about securing the best return for your investment in Canada.
Latest News
BlackBerry shares up after company sends invite for potential new launch + MORE Sep 3rd
TORONTO – Shares of BlackBerry (TSX:BB) are climbing higher after the tech company announced plans for an event later this month that could officially unveil the Passport, it’s latest smartphone.
The Waterloo, Ont.-based company’s stock was up nearly four per cent to $11.85 near mi.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Sep 29th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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MoneySense is an.... More »
Estate planning considerations for single parents + MORE Nov 22nd
If you are a single parent, here are key questions you should consider:
1. Are your estate plan and related documents up to date? The death of a spouse or separation or divorce generally triggers a significant change in intentions on death. If you are widowed or if you no longer want your for.... More »
Waiting to see if declines in real estate sales translate into falling prices: Don Pittis Aug 14th
The latest numbers from the Canadian Real Estate Association will offer clues on whether falling sales will translate into price declines..... More »
Intel's worst day in 50 years: Stock trading at levels not seen in a decade - CNBC Television Aug 2nd
Intel's worst day in 50 years: Stock trading at levels not seen in a decade CNBC TelevisionInte stock plummets most in 40 years, as company suspends dividend, cuts jobs amid restructuring Yahoo FinanceIntel's stock plunges as company cuts 15% of workforce, struggling to fund ch.... More »
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-05-31. Click on the link above to get more details or apply online.
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.
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.
AIMCO says pension funds ‘sitting on laurels,’ should get outside comfort zone
– canadianbusiness.com
CALGARY – Pension funds need to stretch outside their comfort zone if they’re to bring in healthy returns over the long term, says the CEO of Alberta Investment Management Corp., which has new energy technologies in its sights.
“Canadian pension funds are sort of sitting on their laurels and they’ve become less innovative,” Leo de Bever told reporters Monday after AIMCo released its annual report.
“We have to get more innovative in different areas and we have to stretch ourselves. And stretching within existing asset classes means going for more difficult assets.”
AIMCo is an Alberta Crown corporation that manages $80 billion in assets on behalf of 27 pension, endowment and government funds. Last year, AIMCo earned a total net return of 12.5 per cent, versus 10.2 per cent in 2012.
De Bever, 66, is planning to retire after six years at the helm of AIMCo. The hunt is on for de Bever’s successor, but no timeline has been set for his departure…
“Canadian pension funds are sort of sitting on their laurels and they’ve become less innovative,” Leo de Bever told reporters Monday after AIMCo released its annual report.
“We have to get more innovative in different areas and we have to stretch ourselves. And stretching within existing asset classes means going for more difficult assets.”
AIMCo is an Alberta Crown corporation that manages $80 billion in assets on behalf of 27 pension, endowment and government funds. Last year, AIMCo earned a total net return of 12.5 per cent, versus 10.2 per cent in 2012.
De Bever, 66, is planning to retire after six years at the helm of AIMCo. The hunt is on for de Bever’s successor, but no timeline has been set for his departure…
Alberta man, related companies accused of defrauding investors of $56.7M
– canadianbusiness.com
CALGARY – The Alberta Securities Commission has accused an independent TV producer of having “perpetrated a fraud” in raising more than $56 million from investors.
ASC staff allege that between March 2007 and the end of June 2009 that Neil Chandran, Energy TV and Chandran Holding Media Inc. raised some $56,730 from at least 210 investors, most of whom were Alberta residents, for various television, video and web-based products.
Investors were told Energy TV would, among other things, promote and stage a World Boxing Federation match in Las Vegas that would see them earn profits of between 50 and 75 per cent within five days of the event, which was to occur about 30 days from the investment date.
“The event never took place,” the commission said in a statement issued Monday.
“Instead, ASC staff allege that Chandran and Energy TV used investor’s funds to pay the company’s operating expenses,” the ASC statement said.
ASC staff also allege that Chandran and his companies engaged in illegal trades and distributions and made prohibited representations in raising the money…
ASC staff allege that between March 2007 and the end of June 2009 that Neil Chandran, Energy TV and Chandran Holding Media Inc. raised some $56,730 from at least 210 investors, most of whom were Alberta residents, for various television, video and web-based products.
Investors were told Energy TV would, among other things, promote and stage a World Boxing Federation match in Las Vegas that would see them earn profits of between 50 and 75 per cent within five days of the event, which was to occur about 30 days from the investment date.
“The event never took place,” the commission said in a statement issued Monday.
“Instead, ASC staff allege that Chandran and Energy TV used investor’s funds to pay the company’s operating expenses,” the ASC statement said.
ASC staff also allege that Chandran and his companies engaged in illegal trades and distributions and made prohibited representations in raising the money…
