There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Should I stay or should I go: The real costs of moving out of the city + MORE Oct 15th
Like any good urban legend, there’s always a friend of a friend who traded in their paper-thin, 400-square-foot apartment for a dirt-cheap dream house in an idyllic town.
And as the pandemic goes on, the lack of cultural events, limitations to restaurant dining and public transit, and ever-crowd.... More »
5.5 year - 2.80% + MORE Apr 24th
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..... More »
Canadian manufacturer pivots to 'huge' market in India as country tries to strike trade deal - CBC May 29th
Canadian manufacturer pivots to 'huge' market in India as country tries to strike trade deal CBCIndia’s Union Minister Shri Piyush Goyal Visits BAPS Shri Swaminarayan Mandir, Toronto, ON, Canada BAPS Swaminarayan SansthaIndian business leaders’ mission concludes in Toronto .... More »
Rogue investment advisors owe $23 million in unpaid fines to regulator + MORE Jun 13th
The first Unpaid Fines Report published by the Investment Industry Regulatory Organization of Canada lists 118 men and women who have been disciplined by the regulator since 2008..... More »
Hillary Clinton and the two-for-one presidency + MORE May 17th
Hillary Rodham Clinton is met on stage by her husband, former President Bill Clinton, during a campaign rally on Roosevelt Island in New York, June 13, 2015. (Doug Mills/The New York Times/Redux)
HOPKINSVILLE, Ky. — The notion of a 2-for-1 Clinton presidency is back.
Recalling sunnier days of grow.... More »
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.
Ontario Power Generation profit falls to $135M for 2013 from $367M in 2012
– canadianbusiness.com
TORONTO – Ontario Power Generation Inc. said Thursday that it earned $135 million last year compared with a profit of $367 million in 2012 due to outages at its nuclear power plants and restructuring costs related to the closure of two coal-fired plants.
The drop in profits came as revenue last year increased to $4.86 billion, up from $4.73 billion in 2012.
“Last year’s financial results were affected by an increase in nuclear outage activities that were, in part, for the investments required to extend operations of our nuclear facilities as well as for emergent repairs,” president and chief executive Tom Mitchell said in a statement.
The utility said total electricity generated in 2013 of 80.3 terawatt hours was down slightly from 83.7 TWh in 2012 due to lower nuclear and thermal generation, partially offset by higher hydroelectric generation.
Nuclear power amounted to 44.7 TWh in 2013, down from 49 TWh in 2012 due to extensions to planned outages at the Pickering and Darlington Nuclear generating stations…
The drop in profits came as revenue last year increased to $4.86 billion, up from $4.73 billion in 2012.
“Last year’s financial results were affected by an increase in nuclear outage activities that were, in part, for the investments required to extend operations of our nuclear facilities as well as for emergent repairs,” president and chief executive Tom Mitchell said in a statement.
The utility said total electricity generated in 2013 of 80.3 terawatt hours was down slightly from 83.7 TWh in 2012 due to lower nuclear and thermal generation, partially offset by higher hydroelectric generation.
Nuclear power amounted to 44.7 TWh in 2013, down from 49 TWh in 2012 due to extensions to planned outages at the Pickering and Darlington Nuclear generating stations…
Good news, bad news
– macleans.ca
Golden night: Steve McQueen, director and producer of 12 Years a Slave, celebrates with cast and crew after accepting the Oscar for best picture.Good news
A dose of reason
Modest though it is, the Canadian Mortgage and Housing Corporation’s latest move to guard against a U.S.-style real estate crisis is nevertheless welcome. More than a nod to overheated home markets in Canada’s largest cities, the hike in insurance premiums for mortgages with less than 20 per cent down offers a modicum of protection for taxpayers, should the market ever crater. Yes, prices have been driven up mainly by dirt-cheap credit. But easy insurance has played its part in the frenzy, too, and it’s high time the CMHC tightened its purse strings.
Joint effort
A bipartisan initiative between the Obama administration and Republicans in the U.S. Senate is reportedly under way to end mandatory minimum sentences for non-violent drug offenders. Billed as the most significant liberalization of narcotics law since Richard Nixon declared the war on drugs, this overdue move acknowledges the obvious: Mandatory minimums can be self-defeating, ruining people who might otherwise lead productive lives…
Netherlands-based telecom firm Vimpelcom has written down its investment in Canadian telecom carrier Wind Mobile to zero at the same time it slashed the value of its investment in Ukraine.
30 days – 1.50%
– 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.
