How to go about securing the best return for your investment in Canada.
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After a divorce, Patty, 49, sold her Toronto home for $1 million, and is finally financially independent. Living a frugal life, should this cleaner now put her money in the stock market? May 3rd
“I feel very lucky now but I endured a lot to get to financial independence,” Patty said. This includes working 60-hour weeks for most of her life, bouncing from home to home to help raise children, cook and clean..... More »
30 days - 1.75% + MORE Jul 2nd
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..... More »
3.5 year - 2.20% + MORE Nov 23rd
This GIC rate is offered by DUCA Financial Services and was updated on 2014-10-20. Click on the link above to get more details or apply online..... More »
60 days - 1.75% + MORE Dec 31st
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
Drug firm AstraZeneca says 3Q earnings fall 12 per cent. + MORE Nov 10th
LONDON – Anglo-Swedish drugmaker AstraZeneca says third-quarter earnings fell 12 per cent as its blockbuster cholesterol drug Crestor faced its first full quarter of competition in the United States from generic alternatives.
Operating profit declined to $1.03 billion from $1.17 billion in the.... More »
Ontario consultant agrees to pay US$6.2M IN SEC stock manipulation probe
– canadianbusiness.com
WASHINGTON – The U.S. Securities and Exchange Commission says an Ontario-based consultant has agreed to pay US$6.2 million to settled charges related to illegal reverse merger schemes involving two China-based companies and related charges of stock manipulation.
In addition to the payment, the SEC says S. Paul Kelley will be barred from the securities industry as well as participation in any penny stock offering.
The SEC alleged that Kelley, from the Toronto area, and three of his associates acquired controlling interests in two U.S. public shell companies in order to orchestrate reverse mergers with China Auto Logistics Inc. and Guanwei Recycling Corp.
They then hired stock promoter Shawn Becker of Overland Park, Kan., and others to tout the two companies’ unregistered stock to investors.
“Kelley and his associates engaged in various forms of manipulative trading in order to further drive up the price and volume of China Auto and Guanwei Recycling stock and they profited when they dumped their shares into the inflated market they created,” the SEC said Monday in a posting on its website…
In addition to the payment, the SEC says S. Paul Kelley will be barred from the securities industry as well as participation in any penny stock offering.
The SEC alleged that Kelley, from the Toronto area, and three of his associates acquired controlling interests in two U.S. public shell companies in order to orchestrate reverse mergers with China Auto Logistics Inc. and Guanwei Recycling Corp.
They then hired stock promoter Shawn Becker of Overland Park, Kan., and others to tout the two companies’ unregistered stock to investors.
“Kelley and his associates engaged in various forms of manipulative trading in order to further drive up the price and volume of China Auto and Guanwei Recycling stock and they profited when they dumped their shares into the inflated market they created,” the SEC said Monday in a posting on its website…
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
60 days – 1.55%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
Invest like a hedge fund: What the best money managers think
– theglobeandmail.com
It’s the only beauty pageant with the potential to rattle financial markets.
The Canada Post Group of companies had an operating loss of $193 million in 2013, with the sale of its Vancouver sorting station and other real estate helping to offset losses on mail delivery.
