The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Western Canada's oil price nightmare could have a major impact on provinces with little or no oil wealth, a University of Alberta economics professor says..... More »
After journalist vanishes, focus shifts to young prince's 'dark' and bullying side - Washington Post Oct 14th
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Conservatives table new prostitution law
– macleans.ca
OTTAWA — The Conservative government has introduced legislation to criminalize the purchase of sexual services.
The long-awaited bill would also crack down on those who reap a material benefit from prostitution.
Justice Minister Peter MacKay says the “made-in-Canada” model is aimed at targeting johns and pimps while protecting the vulnerable.
The government says the new prostitution-related offences are intended to reduce demand for sexual services and protect those who sell such services from exploitation, as well as shield children and communities, the government says.
The bill would create new offences for:
– The purchase of sexual services and communicating in any place for that purpose.
– Receiving a financial or material benefit from the prostitution of others, including through businesses that sell the sexual services of others online or out of venues such as escort agencies, massage parlours, or strip clubs that also provide sexual services.
– Advertising the sale of sexual services in print media or on the Internet…
The long-awaited bill would also crack down on those who reap a material benefit from prostitution.
Justice Minister Peter MacKay says the “made-in-Canada” model is aimed at targeting johns and pimps while protecting the vulnerable.
The government says the new prostitution-related offences are intended to reduce demand for sexual services and protect those who sell such services from exploitation, as well as shield children and communities, the government says.
The bill would create new offences for:
– The purchase of sexual services and communicating in any place for that purpose.
– Receiving a financial or material benefit from the prostitution of others, including through businesses that sell the sexual services of others online or out of venues such as escort agencies, massage parlours, or strip clubs that also provide sexual services.
– Advertising the sale of sexual services in print media or on the Internet…
120 days – 1.70%
– 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.
ING to seek separate listing for insurance arm, sell minority stake to large investors
– canadianbusiness.com
AMSTERDAM – ING Groep NV says it is proceeding with a plan to move its remaining insurance operations into a separate listed company, NN Group.
The Dutch bank and insurance group has no choice under an agreement with European regulators to compensate for having received state aid during the 2008 financial crisis.
ING did not set a date for the offering in a statement Thursday morning, but implied it would be finished this year. It said the independent NN Group would pay shareholders a dividend for the second half of 2014.
ING said it will sell a minority stake to large investors during the offering, and will then reduce its stake in stages to less than 50 per cent by the end of 2015, and zero by the end of 2016.
Earlier this year ING sold 1.125 billion euros ($1.53 billion) worth of convertible bonds in NN Group to a trio of Asian investors including Temasek of Singapore. That’s a potential stake of — very roughly — 10 per cent in NN Group, which ING said had pretax profit of 903 million euros in 2013…
The Dutch bank and insurance group has no choice under an agreement with European regulators to compensate for having received state aid during the 2008 financial crisis.
ING did not set a date for the offering in a statement Thursday morning, but implied it would be finished this year. It said the independent NN Group would pay shareholders a dividend for the second half of 2014.
ING said it will sell a minority stake to large investors during the offering, and will then reduce its stake in stages to less than 50 per cent by the end of 2015, and zero by the end of 2016.
Earlier this year ING sold 1.125 billion euros ($1.53 billion) worth of convertible bonds in NN Group to a trio of Asian investors including Temasek of Singapore. That’s a potential stake of — very roughly — 10 per cent in NN Group, which ING said had pretax profit of 903 million euros in 2013…
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.
Image courtesy of 2nix/ FreeDigitalPhotos.netPrivate elevators, personal shopping assistants, six-bedroom suites with their own postal codes. Even helipads. This is what the super-rich have come to expect from hotels.
For others, vacation now means renting someone’s apartment, a spare room, maybe just a couch — anything to save on the cost of a hotel.
As the gap between the wealthiest travellers and everyone else has widened, so has the way people are experiencing vacations. The wealthy are looking for ever-more pampering. Many others are seeking new ways to economize.
And the lodging industry is adapting — at the high and low ends — to meet the diverging needs.
Luxury hotels are catering to financial elites from Russia, China, Brazil or the Middle East who now routinely hop around the world and don’t mind dropping $20,000 a night for a glamorous accommodation.
“High-end travel in the air, on the sea and on land has never been more robust,” says Steve Carvell, an associate dean at Cornell University’s School of Hotel Administration…
