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Maclean’s on the Hill: Canada-U.S. trade, Tory leadership Apr 1st
Each week, the Maclean’s Ottawa bureau sits down with Cormac Mac Sweeney to discuss the headlines of the week. This week, trade is a major issue, with the U.S. taking the first steps toward renegotiating NAFTA—and also examining America’s relationships with its trading partners. Macleanâ.... More »
How to Time Your Student Loan Payback + MORE Feb 27th
How should you schedule your student loan payments? Should you get rid of student debt as early as possible? To answer that, first look at all of your needs and financial obligations. Then weigh your options and choose the right payment plan.
Should You Pay Off Your Student Loans Early?
Image via Fl.... More »
Months after massive IPO, China's Didi moves to delist from NYSE - MarketWatch Dec 3rd
Months after massive IPO, China's Didi moves to delist from NYSE MarketWatchChina Tech Rout Deepens to $1.5 Trillion as Didi Emboldens Bears Yahoo Canada FinanceDidi says it will delist from the New York Stock Exchange and prepare to list in Hong Kong CNBCDidi of Chi.... More »
How to Workish from home like a pro + MORE Jul 26th
From boosting employee engagement to the freedom of telecommuting to saving costs on Splenda for the break room, companies other than IBM are embracing the notion of performing jobs from far-off distances like the J.J. Bean on Davie.
But working from home can be like visiting Toronto’s la.... More »
Some major events in the history of Future Shop + MORE Mar 29th
Future Shop closed its Canadian stores on Saturday. Here is a list of major events in the history of the retail chain.
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1982: Hassan Khosrowshahi opens first Future Shop location in Vancouver, one year after immigrating from Iran.
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1993: Future Shop goes public on Toronto and Vancouver.... More »
AP Exclusive: NKorean official says execution of Kim’s uncle won’t change economic policies
– canadianbusiness.com
PYONGYANG, North Korea – A senior North Korean official said Sunday that the execution of leader Kim Jong Un’s once-powerful uncle will not lead to changes in economic policies and vowed that the nation would push ahead with an ambitious plan to develop new economic zones to attract foreign investment.
Jang Song Thaek’s wife, meanwhile, has been named to an ad-hoc state committee, the country’s official media reported, an indication that Jang’s execution has not immediately diminished her influence.
The execution Friday of Jang, considered to be North Korea’s second most powerful man and a key architect of the country’s economic policies, should not be taken as a sign that the North will change its economic course or its efforts to lure foreign investment, Yun Yong Sok, a senior official in the State Economic Development Committee, said in an interview with The Associated Press in Pyongyang.
Luring foreign investment is critical to garnering badly needed foreign currency and funding for infrastructure projects so the Kim regime can live up to its promise of raising the impoverished nation’s standard of living…
Jang Song Thaek’s wife, meanwhile, has been named to an ad-hoc state committee, the country’s official media reported, an indication that Jang’s execution has not immediately diminished her influence.
The execution Friday of Jang, considered to be North Korea’s second most powerful man and a key architect of the country’s economic policies, should not be taken as a sign that the North will change its economic course or its efforts to lure foreign investment, Yun Yong Sok, a senior official in the State Economic Development Committee, said in an interview with The Associated Press in Pyongyang.
Luring foreign investment is critical to garnering badly needed foreign currency and funding for infrastructure projects so the Kim regime can live up to its promise of raising the impoverished nation’s standard of living…
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 Federal Reserve for clarity on cutting back on monetary stimulus
– canadianbusiness.com
TORONTO – Stock markets will likely start the trading week in a holding pattern and stay there until Wednesday when investors find out if the U.S. Federal Reserve ends months of speculation and decides to start winding up its asset purchases.
“We believe the conditions are more than ripe,” said Doug Porter, chief economist at BMO Capital Markets.
Many traders aren’t happy to see an end to the US$85 billion a month of asset purchases as they have kept long-term rates low and supported a strong advance on many markets this year, including the Dow industrials which has surged a good 20 per cent.
That hasn’t been the case in Toronto where the TSX is heavily weighted in favour of the resource sector.
There has been a great deal of uncertainty surrounding tapering, particularly since September when the Fed surprised markets by saying the time wasn’t right to starting winding up the program.
Analysts believe the prospect of a government shutdown over budget wrangling, along with difficulties in extending the debt ceiling, helped persuade the Fed to postpone tapering in September…
“We believe the conditions are more than ripe,” said Doug Porter, chief economist at BMO Capital Markets.
Many traders aren’t happy to see an end to the US$85 billion a month of asset purchases as they have kept long-term rates low and supported a strong advance on many markets this year, including the Dow industrials which has surged a good 20 per cent.
That hasn’t been the case in Toronto where the TSX is heavily weighted in favour of the resource sector.
There has been a great deal of uncertainty surrounding tapering, particularly since September when the Fed surprised markets by saying the time wasn’t right to starting winding up the program.
Analysts believe the prospect of a government shutdown over budget wrangling, along with difficulties in extending the debt ceiling, helped persuade the Fed to postpone tapering in September…
5.5 year – 2.35%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2013-11-09. Click on the link above to get more details or apply online.
30 days – 1.50%
– 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.
