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Latest News
Ellyce Fulmore is putting the personal back into personal finance + MORE Jun 10th
Ellyce Fulmore is putting the “personal” back into “personal finance.” She’s the finfluencer and founder behind Queerd Co., which offers “shame-free finance education that goes beyond the numbers.” Queerd Co. views personal finance through an intersectional lens, meaning that it takes .... More »
How to save (and invest) your first $100,000 Mar 27th
A popular milestone goal for young adults just starting out is to save $100,000 cash. YouTube and TikTok are buzzing with videos on this very topic, and it makes sense—$100,000 is enough to give you financial breathing room and life-changing options, like making a down payment on a condo or house,.... More »
Watch: The differences between a TFSA and RRSP + MORE Sep 22nd
A tax-free savings account (TFSA) is a registered account that holds investments and allows you to grow your money tax-free and withdraw it tax-free. That means you don’t have to report any income earned in the account on your personal tax returns. A registered retirement savings plan (RRSP) is al.... More »
Canadian home resale prices up in July, with weakness appearing in Toronto market + MORE Aug 14th
Canadian home prices rose two per cent in July from the month before, driven by the strongest real estate markets, but homes other than condos saw their sale prices decrease, according to the Teranet-National Bank House Price Index..... More »
Bank of Canada finds pockets of vulnerability in financial system - Financial Post + MORE May 10th
Bank of Canada finds pockets of vulnerability in financial system Financial PostBank of Canada warns of steep jump in mortgage payments The Globe and MailRenters so far more 'vulnerable' than homeowners amid higher interest rates. Why? - National | Globalnews.ca Glob.... More »
Ford hires 400 for Canadian connected car research
– canadianbusiness.com
Ford Motor Co. will hire approximately 400 employees from embattled communications company BlackBerry Ltd. as part of sizable new investments in Canada that include a connected-vehicle research centre in Ottawa, the smartphone maker said Thursday.
Ford said the Ottawa research centre is part of a $500 million Canadian (US $376 million) investment. The company also plans to increase sustainability and fuel economy research at its Windsor and Oakville operations. The company said it will hire approximately 300 engineers in Canada and 100 additional hardware and software engineers in the U.S. to support the work of the Canadian team.
The new Ottawa Research and Engineering Centre in Canada will focus on research and development across infotainment, in-vehicle modems, gateway modules, driver-assist features and autonomous vehicles, said Ford. Additional facilities will be located in Waterloo and Oakville, Ontario, as well as Cary, North Carolina and Sunrise, Florida. It will be Ford’s first centre focused on connectivity research and advanced technology in Canada…
Ford said the Ottawa research centre is part of a $500 million Canadian (US $376 million) investment. The company also plans to increase sustainability and fuel economy research at its Windsor and Oakville operations. The company said it will hire approximately 300 engineers in Canada and 100 additional hardware and software engineers in the U.S. to support the work of the Canadian team.
The new Ottawa Research and Engineering Centre in Canada will focus on research and development across infotainment, in-vehicle modems, gateway modules, driver-assist features and autonomous vehicles, said Ford. Additional facilities will be located in Waterloo and Oakville, Ontario, as well as Cary, North Carolina and Sunrise, Florida. It will be Ford’s first centre focused on connectivity research and advanced technology in Canada…
TD Bank reviewing concerns about sales practices: CEO
– moneysense.ca
TORONTO — TD Bank says it is reviewing concerns about its sales practices in light of reports that some employees allegedly broke the law in order to meet sales targets and keep their jobs.
CEO Bharat Masrani says the bank received “a few hundred complaints” last year regarding its sales practices that were escalated.
Masrani says less than 100 of those complaints affecting customers had compliance concerns, and all of them were investigated and addressed.
He made his comments during the bank’s annual shareholder meeting, several weeks after the CBC reported that unnamed bank employees alleged they used aggressive, and in some cases illegal, sales practices.
The Financial Consumer Agency of Canada has launched an investigation into business practices among federally regulated financial sector following the reports.
The post TD Bank reviewing concerns about sales practices: CEO appeared first on MoneySense.
CEO Bharat Masrani says the bank received “a few hundred complaints” last year regarding its sales practices that were escalated.
Masrani says less than 100 of those complaints affecting customers had compliance concerns, and all of them were investigated and addressed.
He made his comments during the bank’s annual shareholder meeting, several weeks after the CBC reported that unnamed bank employees alleged they used aggressive, and in some cases illegal, sales practices.
The Financial Consumer Agency of Canada has launched an investigation into business practices among federally regulated financial sector following the reports.
The post TD Bank reviewing concerns about sales practices: CEO appeared first on MoneySense.
0330 rb im shufelt tsx
– theglobeandmail.com
No description available
The close: Nasdaq sets record closing high; TSX pulls back as Cenovus tumbles
– theglobeandmail.com
Canada’s main stock index pulled back from a one-month high on Thursday as deal-related news pressured shares of Cenovus and CIBC.
Shares in Cenovus Energy were down 11 per cent shortly after markets opened Thursday following its announcement to acquire Canadian assets belonging to Houston-based ConocoPhillips.
