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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Chadd Cawson column: Brain health equals brain wealth - Ladysmith Chronicle Jan 10th
Chadd Cawson column: Brain health equals brain wealth Ladysmith Chronicle.... More »
Caribbean islands begin preparations for Hurricane Irma - CTV News Sep 3rd
CTV NewsCaribbean islands begin preparations for Hurricane IrmaCTV NewsSAN JUAN, Puerto Rico -- Islands at the eastern end of the Caribbean Sea made preparations Sunday for approaching Hurricane Irma, a Category 3 storm that could threaten the area beginning Tuesday. Hurricane watches were posted fo.... More »
60 days - 1.75% + MORE Jan 17th
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 »
The best GIC rates in Canada for 2025 May 25th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Does crypto belong in a Canadian wealth portfolio? Jul 7th
Should you consider adding bitcoin (BTC), ethereum (ETH), or other cryptocurrencies to your investment portfolio? For long-term investors who can tolerate significant volatility, a small allocation—sometimes around 5%—is increasingly part of the conversation.
Crypto’s appeal lies in its gro.... More »
How the three principal Canada Pension Plan enrichment proposals would work
– canadianbusiness.com
OTTAWA – Public pension reform has been a key issue at federal-provincial finance ministers’ meetings at least since 2010, with officials having looked at three major proposals for Canada Pension Plan enrichment. The plans differ slightly in their approach, but their basic aim is to increase benefits for future generations of seniors.
They are also similar in that all three proposals are pre-funded, meaning that although contributions to pay for higher benefits all kick in at the same time, contributions will hit their maximum boosted level far quicker than benefits.
———
1. The Wes Sheridan plan, proposed by the Prince Edward Island finance minister, may be the most complicated because it impacts workers differently depending on their level of earnings.
Currently, the CPP plan pays out about 25 per cent replacement benefits on up to $51,100 of pensionable earnings, resulting in a maximum annual benefit of $12,150. Because it is aimed at the middle class, the Sheridan plan calls for no changes in either benefits or contribution rates for employees on the first $25,500 or so of pensionable earnings…
They are also similar in that all three proposals are pre-funded, meaning that although contributions to pay for higher benefits all kick in at the same time, contributions will hit their maximum boosted level far quicker than benefits.
———
1. The Wes Sheridan plan, proposed by the Prince Edward Island finance minister, may be the most complicated because it impacts workers differently depending on their level of earnings.
Currently, the CPP plan pays out about 25 per cent replacement benefits on up to $51,100 of pensionable earnings, resulting in a maximum annual benefit of $12,150. Because it is aimed at the middle class, the Sheridan plan calls for no changes in either benefits or contribution rates for employees on the first $25,500 or so of pensionable earnings…
Fla. man, an ex-political official in Oregon, to face NY judge in $13M Facebook share case
– canadianbusiness.com
NEW YORK, N.Y. – A Florida investment adviser and onetime Oregon gubernatorial candidate faces prison time for a $13 million securities fraud scheme that prosecutors say capitalized on enthusiasm for shares of Facebook and other Internet companies about to go public.
Craig L. Berkman of Odesa, Fla., is to be sentenced Monday in federal court in Manhattan. He pleaded guilty in June to securities fraud and wire fraud and agreed to serve between eight and 10 years in prison.
Berkman admitted he falsely claimed to investors that he owned shares of Facebook Inc., Groupon Inc., LinkedIn Inc., among other companies. He told investors their money would be used to buy shares of companies before their initial public offerings while over-representing the number of shares he owned.
Berkman also was once Oregon’s Republican party chairman.
The post Fla. man, an ex-political official in Oregon, to face NY judge in $13M Facebook share case appeared first on Canadian Business.
Craig L. Berkman of Odesa, Fla., is to be sentenced Monday in federal court in Manhattan. He pleaded guilty in June to securities fraud and wire fraud and agreed to serve between eight and 10 years in prison.
Berkman admitted he falsely claimed to investors that he owned shares of Facebook Inc., Groupon Inc., LinkedIn Inc., among other companies. He told investors their money would be used to buy shares of companies before their initial public offerings while over-representing the number of shares he owned.
Berkman also was once Oregon’s Republican party chairman.
The post Fla. man, an ex-political official in Oregon, to face NY judge in $13M Facebook share case appeared first on Canadian Business.
Public pension reform has been a key issue at federal-provincial finance ministers’ meetings at least since 2010, with officials having looked at three major proposals for Canada Pension Plan enrichment. The plans differ slightly in their approach, but their basic aim is to increase benefits for future generations of seniors.
They are also similar in that all three proposals are pre-funded, meaning that although contributions to pay for higher benefits all kick in at the same time, contributions will hit their maximum boosted level far quicker than benefits.
———
1. The Wes Sheridan plan, proposed by the Prince Edward Island finance minister, may be the most complicated because it impacts workers differently depending on their level of earnings.
Currently, the CPP plan pays out about 25 per cent replacement benefits on up to $51,100 of pensionable earnings, resulting in a maximum annual benefit of $12,150. Because it is aimed at the middle class, the Sheridan plan calls for no changes in either benefits or contribution rates for employees on the first $25,500 or so of pensionable earnings…
They are also similar in that all three proposals are pre-funded, meaning that although contributions to pay for higher benefits all kick in at the same time, contributions will hit their maximum boosted level far quicker than benefits.
———
1. The Wes Sheridan plan, proposed by the Prince Edward Island finance minister, may be the most complicated because it impacts workers differently depending on their level of earnings.
Currently, the CPP plan pays out about 25 per cent replacement benefits on up to $51,100 of pensionable earnings, resulting in a maximum annual benefit of $12,150. Because it is aimed at the middle class, the Sheridan plan calls for no changes in either benefits or contribution rates for employees on the first $25,500 or so of pensionable earnings…
Don't expect long-term gains from stock splits
– theglobeandmail.com
Shares usually pop early on, but future benefits are harder to come by
General Motors to invest $1.3-billion in five U.S. plants
– theglobeandmail.com
GM, the No. 1 U.S. auto maker, said the investment at the plants in Michigan, Ohio and Indiana will create or retain about 1,000 jobs
