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Investment firms fear tech companies getting into their business Dec 16th
What if Amazon distributed financial products or offered its own advice? What if Google bought its own money manager?.... More »
How cash ETFs keep your money working Nov 25th
It’s a dilemma for many investors: you want to have cash set aside to hop on investment opportunities that might arise, but you also don’t want the money sitting in your portfolio not collecting any return. Enter cash exchange-traded funds. Experts say there is increasing demand for cash.... More »
Insurance for self-employed Canadians: What coverage do you need? + MORE Sep 4th
A common feature of employee benefit plans in Canada is insurance coverage. The types and amounts of insurance vary, and employees should consider their personal situation to determine if they need additional coverage beyond their group plan—as they often do.
If you are self-employe.... More »
ADB Oks 1st co-financing with China’s AIIB for Pakistan road + MORE Jun 10th
MANILA, Philippines – The Asian Development Bank announced Friday its approval of a $100 million loan for a highway project in Pakistan, marking its first co-financing with the China-led Asian Infrastructure Investment Bank.
AIIB will provide a $100 million counterpart loan subject to its boar.... More »
Horse with a big name: How the first Triple Crown winner in nearly 40 years will be marketed + MORE Jun 8th
NEW YORK, N.Y. – American Pharoah’s owners and thoroughbred racing now have a new race to run: A race to capitalize on the horse’s Triple Crown victory before the excitement fades away.
As the first winner of the sport’s Triple Crown in 37 years, American Pharoah has a wealth.... More »
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Calgary HeraldSobeys to buy Canada Safeway for $5.8 billion in blockbuster dealCalgary HeraldTORONTO — Supermarket chain operator Empire Company Ltd. (TSX:EMP.A) plans to acquire the Canadian assets of grocer Safeway for $5.8 billion. The Nova Scotia-based parent of the Sobeys chain says the cash deal will boost its presence in Western …Sobeys to buy Safeway in $5.8-billion dealGlobe and MailCanadian Press NewsAlert: Empire Co. to buy Safeway Canada for $5.8 billion680 NewsEmpire's Sobeys to Buy Safeway Canada for $5.7 BillionBloombergFort Frances Times -MetroNews Canadaall 21 news articles »
Mutual Funds – what's wrong and what needs to be done
– http://canadianfinancialdiy.blogspot.ca
Long time investor advocate and member of the Ontario Securities Commission investor advisory panel Ken Kivenko tells us how the mutual fund sales, distribution and advice system in Canada is fundamentally and critically flawed and what needs to be done about it in his latest post Eliminate embedded commissions and professionalize advice. I must admit that I haven’t paid much attention to mutual funds and have not owned any for many years since I became aware of the issues Ken so succintly and forcefully summarizes. So I was surprised to read in his piece that despite the industry going on about how the invisibly embedded commissions pay for advice, there is actually nothing in the industry standards about how and what advice must or even should be given. FAIR Canada in its submission on mutual fund fees to the too-numerous (but that’s another problem) Canadian securities commissions provides a longer and more detailed take on the required reforms.There is lots more support for change on blogs and in the press, e…
Continue Reading On http://canadianfinancialdiy.blogspot.ca »
In Economic Growth, It’s Newfoundland Over Alberta
– blogs.wsj.com
Newfoundland’s economy is expected to surpass that of Alberta this year as the fastest growing among Canada’s provinces, fueled by rising oil production and private-sector investment.
