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How to withdraw RESP funds Aug 26th
For years, you’ve saved up for your child’s college or university education with a registered education savings plan (RESP). Now, your kid is getting ready to start classes.
As the RESP’s subscriber (the person who opened and contributed to the account), you may have questions about h.... More »
What type of insurance does a home-based business need? + MORE May 25th
Q. I am starting up a small business where I will manufacture, market and sell my own products online. I will use a room in my home as an office. What type of insurance do I need?
–Paul
A. Hi Paul. An insurance policy protects you against defined risks. Although I haven’t seen your home insuranc.... More »
'Never fully comfortable': Maple Leafs' Kerfoot and the trade he dodged - Sportsnet.ca Mar 4th
'Never fully comfortable': Maple Leafs' Kerfoot and the trade he dodged Sportsnet.caLeafs GM Kyle Dubas: ‘This is the year we have to put it all together’ Toronto StarVictory or death should always be the Toronto Maple Leafs' objective at the NHL trade deadline T.... More »
How to build credit history in Canada + MORE Sep 28th
In Canada, a credit history is a person’s track record of using credit (borrowing money) and repaying debt. Your credit history can affect many aspects of your financial life—from getting approved for a credit card or renting an apartment to taking out a mortgage or a car loan, among other thing.... More »
Dow tops 19,000 as retailers lead stocks to new records + MORE Nov 22nd
NEW YORK, N.Y. – The Dow Jones industrial average crossed 19,000 for the first time as the stock market extended its reach further into record territory. The gains came a day after four major market indexes closed at all-times highs at the same time, something that hadn’t happened since .... 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.
Alibaba boosts IPO price as demand strengthens
– theglobeandmail.com
Chinese e-commerce company raises price range to $66 (U.S.) to $68, for a potential offering of almost $22-billion
CREA raises 2014 home sales forecast
– moneysense.ca
OTTAWA – The Canadian Real Estate Association raised its home sales forecast Monday on the back of stronger than expected sales in recent months after a slow start to the year.The association said sales through its Multiple Listing Service are now expected to total 475,000 homes for 2014, up from a June prediction of 463,400.
The new forecast would mean sales would be up 3.8 per cent compared with 2013.
The association said the frigid winter delayed the start to the spring home buying season and helped boost sales in May and June.
“Although this boost was and still is expected to be transitory, sales have yet to show signs of cooling as activity strengthened slightly further over the summer,” CREA said in its updated forecast.
“The increase reflects continuing strength in home sales among large urban markets that initially drove the spring rebound together with gains in markets where activity had previously struggled to gain traction. Lowered mortgage interest rates supported this trend…
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.
Business Highlights
– canadianbusiness.com
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‘Minecraft’ could boost Microsoft’s mobile reach
NEW YORK (AP) — Microsoft’s decision to spend $2.5 billion for the creator of the hit game “Minecraft” could help the Xbox maker grab attention on mobile phones, a new priority for the company.
But the move carries risks, as gamers can be fickle. Although the Lego-like multiplayer game is currently the top paid app for the iPhone and Android devices in the U.S., today’s popular hit could be tomorrow’s dud. The maker of the much obsessed-over “Candy Crush Saga,” for example, rode the game’s popularity to go public this year, only to see its stock falter.
In addition, the founders of Mojang, the Swedish company behind “Minecraft,” aren’t staying with Microsoft. That could raise questions about Mojang’s ability to create another big hit.
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GM expert says 19 deaths eligible for compensation
DETROIT (AP) — The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company…
‘Minecraft’ could boost Microsoft’s mobile reach
NEW YORK (AP) — Microsoft’s decision to spend $2.5 billion for the creator of the hit game “Minecraft” could help the Xbox maker grab attention on mobile phones, a new priority for the company.
But the move carries risks, as gamers can be fickle. Although the Lego-like multiplayer game is currently the top paid app for the iPhone and Android devices in the U.S., today’s popular hit could be tomorrow’s dud. The maker of the much obsessed-over “Candy Crush Saga,” for example, rode the game’s popularity to go public this year, only to see its stock falter.
In addition, the founders of Mojang, the Swedish company behind “Minecraft,” aren’t staying with Microsoft. That could raise questions about Mojang’s ability to create another big hit.
___
GM expert says 19 deaths eligible for compensation
DETROIT (AP) — The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company…
