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Latest News
Mission digital: How Coinbase is reshaping Canada’s crypto landscape + MORE Jul 11th
If you don’t follow crypto, you may have missed this news in April: Coinbase became the largest cryptocurrency exchange to be registered as a restricted dealer in Canada, as well as the first international crypto exchange to receive this status.
Coinbase Global Inc., based in the U.S., is a pub.... More »
90 days - 1.75% + MORE Jan 22nd
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 »
CPPIB buys Antares lending unit of GE Capital for $12B + MORE Jun 9th
Canada Pension Plan Investment Board says it has a $12-billion deal to acquire the Antares Capital lending operation from the financial arm of General Electric..... More »
British Airways’ computer meltdown a symptom of wealth divide in air travel + MORE Jun 3rd
After the airline’s recent IT problems, one thing’s for sure: The market is being defined by bifurcation
.... More »
Oxford Properties to double industrial real estate holdings by 2018 + MORE Jun 2nd
Pension giant’s portfolio of large warehouse distribution facilities now tops 10 million-square-foot mark
.... More »
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
WASHINGTON – It’s been a mournful entrance onto the world financial stage for Jim Flaherty’s successor, whose first international meetings as finance minister have been marked by offers of condolence.
Joe Oliver says he was greeted with words of sorrow from colleagues as he arrived at the annual spring meeting of the International Monetary Fund, World Bank, and G7 and G20 finance ministers.
His predecessor, Flaherty, had been the longest-serving finance minister in the G7 and was a fixture at these meetings, as evidenced by some of the testimonials from the people who approached Oliver.
“They told me how much they will miss his presence — his presence around the table, and his contributions to the discussions,” Oliver told reporters Friday.
“They remarked what a warm and dedicated person he was. They spoke of his sense of humour, and how strong he was in defending his positions. It quickly became obvious to me that he was as admired around the world as he was, and is, in Canada…
Joe Oliver says he was greeted with words of sorrow from colleagues as he arrived at the annual spring meeting of the International Monetary Fund, World Bank, and G7 and G20 finance ministers.
His predecessor, Flaherty, had been the longest-serving finance minister in the G7 and was a fixture at these meetings, as evidenced by some of the testimonials from the people who approached Oliver.
“They told me how much they will miss his presence — his presence around the table, and his contributions to the discussions,” Oliver told reporters Friday.
“They remarked what a warm and dedicated person he was. They spoke of his sense of humour, and how strong he was in defending his positions. It quickly became obvious to me that he was as admired around the world as he was, and is, in Canada…
Business Highlights
– canadianbusiness.com
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Once-soaring tech stocks sink in sobering comedown
SAN FRANCISCO (AP) — The stock market’s laws of gravity are ravaging its highest fliers.
Just look at the list of technology trailblazers whose values have plummeted from record highs during the past few weeks. Investors have re-focused on safer sectors such as utilities, health care and consumer staples instead of companies that promise potential growth from online services that are building huge audiences.
Stung by the abrupt change in sentiment, the stocks of recent stars such as Netflix, Facebook, Twitter and LinkedIn are 20 per cent to 45 per cent below their recent peaks. The steep downfall is raising questions about whether this is just a fleeting fit of fickleness or the foreshadowing of another market bubble about to burst.
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Stocks fall on jitters over earnings, tech rout
NEW YORK (AP) —Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering…
Once-soaring tech stocks sink in sobering comedown
SAN FRANCISCO (AP) — The stock market’s laws of gravity are ravaging its highest fliers.
Just look at the list of technology trailblazers whose values have plummeted from record highs during the past few weeks. Investors have re-focused on safer sectors such as utilities, health care and consumer staples instead of companies that promise potential growth from online services that are building huge audiences.
Stung by the abrupt change in sentiment, the stocks of recent stars such as Netflix, Facebook, Twitter and LinkedIn are 20 per cent to 45 per cent below their recent peaks. The steep downfall is raising questions about whether this is just a fleeting fit of fickleness or the foreshadowing of another market bubble about to burst.
___
Stocks fall on jitters over earnings, tech rout
NEW YORK (AP) —Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering…
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.
JPMorgan Chase & Co executives had a clear message for shareholders after reporting declining first-quarter earnings: don’t worry, be happy that the bank isn’t chasing short-term gains by making irrational lending decisions.
