How to go about securing the best return for your investment in Canada.
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How to model retirement income in Canada + MORE Feb 13th
Ask MoneySense
I am retired early at 58 years old. My wife is 56 years old. We live on a Christmas tree farm, which was paid for years ago.
I have a work pension, and my wife was bought out for her pension.
We have considerable RRSPs, farm income, and farm property. Where do w.... More »
Facebook and Cambridge Analytica have just confirmed it: online privacy is dead + MORE Mar 20th
Mitch Joel is President of Mirum, a global digital marketing agency with offices in Toronto and Montreal and author of Six Pixels of Separation and CTRL ALT Delete.
Did Facebook hack the 2016 U.S. election? No. Did it swing the result? Probably. Did it do it on purpose? No, not likely. But this w.... More »
Wrongly accused, Metro Vancouver man collects millions from Ottawa - Vancouver Sun + MORE Jan 31st
Vancouver SunWrongly accused, Metro Vancouver man collects millions from OttawaVancouver SunSteven de Jaray filed a civil lawsuit against the Attorney General of Canada, claiming he lost millions in personal wealth after he was charged in 2010 with trying to export electronics that government offici.... More »
Four questions for the Wildrose Party about its approach to energy + MORE May 1st
Written off as good-as-dead by many after their leader, Danielle Smith, along with 10 MLAs, crossed the floor to the governing PC party in the Fall, Alberta’s Wildrose Party has staged a stunning comeback under new leader Brian Jean. Andrew Leach, professor of energy policy at the University .... More »
120 days - 1.70% + MORE Jan 26th
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..... More »
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.
Fed will begin to reduce bond purchases
– moneysense.ca
The Federal Reserve said Wednesday that it will reduce its $85 billion a month in bond purchases by $10 billion starting in January, citing a stronger U.S. job market. And it says it will take further steps to reduce the pace of the purchases next year if that improvement continues.
The reduction to $75 billion a month is small but significant step because it signals that Fed policymakers are ready to ease their massive support for the economy provided since the Great Recession.
To cushion to impact on financial markets, the Fed strengthened its commitment to record-low short-term rates. It says it plans to hold its key short-term rate near zero “well past” the time when unemployment falls below 6.5 per cent.
Stocks surged after the Fed’s policy statement was released, signalling investors approved of the modest tapering and the stronger pledge to keep short-term rates low for an extended time.
The Dow Jones industrial average rose more than 150 points minutes after the announcement…
The reduction to $75 billion a month is small but significant step because it signals that Fed policymakers are ready to ease their massive support for the economy provided since the Great Recession.
To cushion to impact on financial markets, the Fed strengthened its commitment to record-low short-term rates. It says it plans to hold its key short-term rate near zero “well past” the time when unemployment falls below 6.5 per cent.
Stocks surged after the Fed’s policy statement was released, signalling investors approved of the modest tapering and the stronger pledge to keep short-term rates low for an extended time.
The Dow Jones industrial average rose more than 150 points minutes after the announcement…
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-03-07. Click on the link above to get more details or apply online.
Facebook, Zuckerberg, banks must face IPO lawsuit
– theglobeandmail.com
Investors including pension funds in Arkansas, California and North Carolina claim Facebook negligently concealed material information from its IPO registration statement
Holiday 2013 season is shaping up to be most deal-driven – and disappointing – since 2008
– canadianbusiness.com
NEW YORK, N.Y. – Sparse crowds at malls and “50 per cent off” signs at The Gap, AnnTaylor and other stores give a clue as to how the holiday season is going.
This is shaping up to be the most discount-driven holiday season since the country was in a deep recession. It’s also one of the most disappointing for stores.
Sales are up 2 per cent to $176.7 billion from the start of the season on Nov. 1 through Sunday, according to data obtained by The Associated Press from store data tracker ShopperTrak.
That’s a slower pace than expected given that there are just days left in the season: ShopperTrak is forecasting that sales will rise 2.4 per cent to $265 billion for the two-month stretch that’s typically the busiest shopping period of the year.
The modest growth comes as the amount of discounts that stores are offering this season is up 13 per cent from last year — the highest level since 2008 when the country was in a recession, according to financial services firm BMO Capital Markets…
This is shaping up to be the most discount-driven holiday season since the country was in a deep recession. It’s also one of the most disappointing for stores.
Sales are up 2 per cent to $176.7 billion from the start of the season on Nov. 1 through Sunday, according to data obtained by The Associated Press from store data tracker ShopperTrak.
That’s a slower pace than expected given that there are just days left in the season: ShopperTrak is forecasting that sales will rise 2.4 per cent to $265 billion for the two-month stretch that’s typically the busiest shopping period of the year.
The modest growth comes as the amount of discounts that stores are offering this season is up 13 per cent from last year — the highest level since 2008 when the country was in a recession, according to financial services firm BMO Capital Markets…
