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RCMP says prison break suspect images it released were just stock images - CP24 Toronto's Breaking News Jul 24th
RCMP says prison break suspect images it released were just stock images CP24 Toronto's Breaking NewsPhotos of Alkhalil escape suspects are fake, available for purchase on the internet Vancouver SunBC police seek escaped inmate accused of killing gangster, men who helped him es.... More »
MONEY.CA – Money Magazine and Money Media May 2nd
MONEY.CA is highly ranked on yahoo google bing and youtube and is popular with social media, Canadian financial consumers and is a favorite of The Advisor Channel. MONEY represents Canadian money at the highest level. MONEY online is the destination place for the average Canadian who needs to make,.... More »
Two ways to lower risk in your investment portfolio with ETFs Nov 8th
With U.S. equity indices like the S&P 500 hitting all-time highs repeatedly this year, the investment atmosphere is charged, especially post the recent U.S. presidential election. The victory by Donald Trump has injected volatility into the markets, given the uncertainty of what his administrati.... More »
The best travel credit cards in Canada for 2024 + MORE Apr 3rd
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The best travel credit cards in Canada for 2024
From points to perks, a good travel credit card can make your trip more affordable, more comfortable and even more secure.
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Making sense of the markets this week: December 7 + MORE Dec 4th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Canadians with smaller portfolios are the target for deferred service charge (DSC) mutual funds
There was some good news and bad news in this article on Advisor’s Edge. Th.... More »
Canadian stocks reach new heights as TSX surges to record intraday mark
– theglobeandmail.com
Latest gains continue a rally that started in early September
The Toronto Stock Exchange’s benchmark index rose to a new intraday record on Friday, as financial services and energy companies that are so prevalent on the exchange moved higher.
At the open: TSX slips with banks, Cameco; Saputo jumps
– theglobeandmail.com
S&P, Nasdaq up on strong tech earnings, GDP data
The U.S. economy, bolstered by business investment, grew at a solid annual rate of three per cent in the third quarter. It marks the first time in three years that growth has hit at least three per cent for two consecutive quarters.
Has ‘fixing’ Canada’s mortgage market made it riskier?
– macleans.ca
THE CANADIAN PRESS IMAGES/Sean KilpatrickAdam Farber has a practical, if slightly gory, view of his place in Canada’s mortgage market. “You come to me with an open wound,” he says. “You’ve been beaten up. I’m your last option.” Farber, the vice-president of Corwin Mortgage Capital in Toronto, is a private mortgage lender. Borrowers who can’t get a loan elsewhere will sometimes seek private funds that bear higher interest rates. It’s a business that’s mostly unregulated—and set to grow. Ironically, one of the unintended—and potentially dangerous—consequences of regulators’ recent attempts to stabilize the mortgage market may be to push people toward riskier products. “My business is going to explode at this point,” Farber predicts. “With me, people are going to qualify because there’s no stress-test.”
Earlier this month, the Office of the Superintendent of Financial Institutions, the country’s banking regulator, introduced a new stress-test for banks to apply to borrowers…
