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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47% of workers living paycheque to paycheque + MORE Sep 6th
TORONTO — A new survey by the Canadian Payroll Association suggests nearly half of workers are living paycheque to paycheque due to soaring spending and debt levels.
The poll found that 47 per cent of respondents said it would be difficult to meet their financial obligations if their paycheque wa.... More »
Is real estate the best investment for a Canadian retiree? + MORE May 12th
Real estate investing has its merits. And certain markets have performed exceptionally well in Canada over the past generation. But sometimes, especially as you approach retirement, you should reconsider your real estate strategy.
Which has better returns? Real estate versus stocks
Some Canadi.... More »
At the open: TSX dips as financials, gold miners weigh + MORE Apr 10th
Wall St opens flat as earnings season approaches
.... More »
Ireland’s economy going ‘gangbusters,’ grows 7.7 per cent in past year as debt crisis fades + MORE Sep 18th
DUBLIN – Ireland’s economy is growing at a rapid pace last experienced at the tail-end of the Celtic Tiger boom, government statisticians reported Thursday as economists declared an end to the country’s financial doldrums.
The report from the Central Statistics Office said gross do.... More »
The best GIC rates in Canada for 2024 May 27th
Investing
The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
Tap "Return to top" to come back here.
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Capital Power to hike quarterly dividend by 7.9 per cent
– canadianbusiness.com
EDMONTON – Capital Power Corp. (TSX:CPX) says its quarterly dividend will go up 7.9 per cent to 34 cents per common share, starting with the next payment on Oct. 31.
The increased payout to the utility company’s shareholders was announced Friday along with financial results showing Edmonton-based Capital Power had $20 million of net income for the three months ended June 30.
That was flat compared with $20 million of net income in the third quarter of 2013, although diluted earnings per share fell to 17 cent from 19 cents a year earlier.
Revenue fell to $240 million from $321 million in the second quarter of 2013.
Capital Power said its financial performance during the second quarter was affected by seasonally low power prices in Alberta and lower power generation from its Sundance and Genesee 3 operations, but expects its operating margin to grow.
Capital Power has scheduled a conference call for Monday to discuss the results.
The post Capital Power to hike quarterly dividend by 7…
The increased payout to the utility company’s shareholders was announced Friday along with financial results showing Edmonton-based Capital Power had $20 million of net income for the three months ended June 30.
That was flat compared with $20 million of net income in the third quarter of 2013, although diluted earnings per share fell to 17 cent from 19 cents a year earlier.
Revenue fell to $240 million from $321 million in the second quarter of 2013.
Capital Power said its financial performance during the second quarter was affected by seasonally low power prices in Alberta and lower power generation from its Sundance and Genesee 3 operations, but expects its operating margin to grow.
Capital Power has scheduled a conference call for Monday to discuss the results.
The post Capital Power to hike quarterly dividend by 7…
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Gaza conflict: Israel agrees to 12-hour ceasefire – CBC.ca
– news.google.ca
Toronto StarGaza conflict: Israel agrees to 12-hour ceasefireCBC.caIsrael's military has agreed to a 12-hour humanitarian truce on fighting militants in Gaza, after an earlier bid on Friday by the U.S. secretary of state to broker a weeklong ceasefire did not succeed. A spokeswoman with the Israeli military told the Reuters news …Israel and Hamas agree to 12-hour ceasefire on SaturdayNational PostIsrael Agrees to Pause Assault on Gaza as Cease-Fire Deal Is PursuedNew York TimesIsrael and Hamas agree to a 12-hour cease-fireWashington PostLos Angeles Times -Irish Times -Wall Street Journalall 16,590 news articles »
Regulators take over small bank in Illinois; brings US bank failures to 14 in 2014
– canadianbusiness.com
WASHINGTON – Regulators have closed a small lender in Illinois, bringing U.S. bank failures this year to 14 after 24 closures in all of 2013.
The Federal Deposit Insurance Corp. said Friday that it has taken over GreenChoice Bank FSB, based in Chicago.
The bank, which operated three branches, had about $72.9 million in assets and $71 million in deposits as of March 31.
Providence Bank LLC, based in South Holland, Illinois, has agreed to assume all of the failed bank’s deposits.
The FDIC said that Providence Bank also agreed to buy roughly $67.7 million of GreenChoice Bank’s assets.
The failure of GreenChoice Bank is expected to cost the deposit-insurance fund $14.2 million.
U.S. bank failures have been declining since they peaked in 2010 in the wake of the financial crisis and the Great Recession.
Only three banks went under in 2007. That jumped to 25 in 2008, after the financial meltdown, and ballooned to 140 in 2009.
In 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago…
The Federal Deposit Insurance Corp. said Friday that it has taken over GreenChoice Bank FSB, based in Chicago.
The bank, which operated three branches, had about $72.9 million in assets and $71 million in deposits as of March 31.
Providence Bank LLC, based in South Holland, Illinois, has agreed to assume all of the failed bank’s deposits.
The FDIC said that Providence Bank also agreed to buy roughly $67.7 million of GreenChoice Bank’s assets.
The failure of GreenChoice Bank is expected to cost the deposit-insurance fund $14.2 million.
U.S. bank failures have been declining since they peaked in 2010 in the wake of the financial crisis and the Great Recession.
Only three banks went under in 2007. That jumped to 25 in 2008, after the financial meltdown, and ballooned to 140 in 2009.
In 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago…
Former Bear Stearns chairman Greenberg dead at 86
– theglobeandmail.com
Alan Greenberg has been credited with engineering the rise of Bear Stearns in the second half of the 20th century, when it became one of the largest stand-alone investment banks on Wall Street
