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The best high-interest savings accounts in Canada for 2025 + MORE Dec 22nd
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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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Tuesday primaries key to Republicans as Trump sees end game + MORE Mar 14th
Donald Trump, left, and Hillary Clinton on Super Tuesday. (AP)
WASHINGTON — Republican front-runner Donald Trump faces a week of critical primary elections that could see his political dominance grow at the risk of even wider party divisions in one of the most chaotic presidential campaigns in ge.... More »
Most actively traded companies on the TSX + MORE May 26th
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,187.40, down 13.36 points):
Trevaili Mining Corp. (TSX:TV). Miner. Down one cent, or 0.93 per cent, at $1.07 on 1.7 million shares.
Niko Resources Ltd. (TSX:NKO). Oil and Gas. Up 1.5 cents, or 3.... More »
TSX, US stocks lower - Business News - Castanet.net Feb 7th
TSX, US stocks lower - Business News Castanet.netCanada's main stock index fell in late-morning trading, weighed down by the energy sector which fell as the price of oil moved lower..... More »
Reader Questions – How I built my dividend portfolio + MORE Mar 4th
Save, invest, prosper with My Own Advisor.
Reader Questions – How I built my dividend portfolio Thanks good readers, I appreciate hearing from you and receiving your saving and investing questions. If you’ve been following My Own Advisor for a while you’ll know I’m a hybrid investor. Iâ€.... More »
Caracal joins forces with TransGlobe to create Africa-focused explorer
– canadianbusiness.com
CALGARY – Shares in TransGlobe Energy Corp. (TSX:TGL) were up in the first day of trading after it announced plans to join forces with Caracal Energy Inc. to create an African-focused oil explorer worth $1.8 billion.
The combined company will carry on under the Caracal Energy name and will be led by Caracal chief executive Gary Guidry, who recused himself from considering the deal because he sat on the TransGlobe board until this month and is an investor in the Calgary-based company.
TransGlobe’s shares gained 25 cents or nearly three per cent Monday to trade at $8.66 on the Toronto Stock Exchange. Caracal Energy (LSE:CRCL) shares dropped 6.4 per cent in London.
Caracal expects its average production in 2014 to be between 31,000 and 34,000 barrels of oil per day.
Under the deal announced late Saturday, each TransGlobe shareholder will receive 1.23 shares of Caracal for each TransGlobe share they own.
TransGlobe’s current shareholders will own about one-third of the combined company and Caracal shareholders will own two-thirds, assuming the deal closes as expected…
The combined company will carry on under the Caracal Energy name and will be led by Caracal chief executive Gary Guidry, who recused himself from considering the deal because he sat on the TransGlobe board until this month and is an investor in the Calgary-based company.
TransGlobe’s shares gained 25 cents or nearly three per cent Monday to trade at $8.66 on the Toronto Stock Exchange. Caracal Energy (LSE:CRCL) shares dropped 6.4 per cent in London.
Caracal expects its average production in 2014 to be between 31,000 and 34,000 barrels of oil per day.
Under the deal announced late Saturday, each TransGlobe shareholder will receive 1.23 shares of Caracal for each TransGlobe share they own.
TransGlobe’s current shareholders will own about one-third of the combined company and Caracal shareholders will own two-thirds, assuming the deal closes as expected…
Government policies have widened Canada’s income gap
– theglobeandmail.com
Cuts to unemployment benefits and social assistance in 1990s have blunted the country’s best tools to redistribute wealth
Teams boost mutual fund returns
– moneysense.ca
Investors looking for a little extra octane in their investing gas tank might consider mutual funds with multiple managers. That’s because they outperform single-manager funds, says a study by Saurin Patel of Western University and Sergei Sarkissian of McGill University. Using U.S. mutual fund data from Morningstar, they found the team approach reduces aggressive trading and lowers turnover rates by 5.5%, reducing trading costs and boosting investor returns. Another notable finding showed managed teams in big cities gain on average 60 to 72 basis points more per year than single-manager funds in smaller cities, suggesting access to more financial information improves performance.The post Teams boost mutual fund returns appeared first on MoneySense.
Consumer Financial Cover-Up
– online.wsj.com
An agency won’t tell employers or Congress how it calculates bias.
CREA trims sales outlook for 2014 as February sales edge higher but remain low – Calgary Herald
– news.google.ca
Calgary HeraldCREA trims sales outlook for 2014 as February sales edge higher but remain lowCalgary HeraldOTTAWA – Canadian Real Estate Association has trimmed its sales forecast for this year even as home sales in February rose slightly compared with the previous month. In a new forecast of Canada's closely-watched housing market, the real estate …BC home sales to see largest year-over-year increaseVancouver SunCanadian home sales rise in February, forecast trimmedReuters CanadaCREA cuts outlook even as February resales, prices advanceThe Globe and MailBloombergall 12 news articles »
