Investment fees are too high, and it's up to us to fix that: Amanda Lang + MORE Feb 25th

How to go about securing the best return for your investment in Canada.
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 money market

Oil prices soar after 11 non OPEC countries agree to cut back output + MORE Dec 12th

TORONTO — Oil prices have soared following a weekend agreement to cut back production by 11 non-OPEC countries. January crude oil contracts were at US$53.63 per barrel as North American stock markets opened up $2.13 from late Friday. Earlier, they traded as high as US$54.51 a barrel a level that h.... More »

What is CDIC insurance, how it works and what’s covered Oct 28th

Toilet paper isn’t the only thing Canadians were hoarding early in the pandemic. Headlines were buzzing that the Bank of Canada was running short of $50 bills too. Whether you were stuffing cash in your mattress or in the bottom of your sock drawer, the truth is your savings are safer at a financi.... More »

Alphabet stock jumps 9% on back of blowout earnings - CNBC Feb 2nd

Alphabet stock jumps 9% on back of blowout earnings  CNBCGoogle posts strong holiday sales, Alphabet shares surge  The Globe and MailGoogle parent Alphabet beats earnings expectations  Al Jazeera EnglishAlphabet reports US$20.64-billion fourth-quarter profit - Sault Ste.... More »
 TSE

OSC alleges Davies law firm employee involved in insider-trading ring + MORE Sep 23rd

OSC says Donna Hutchinson, who worked as a legal assistant at Davies, tipped off stock trader Cameron Cornish on a series of takeover offers .... More »

Can you change your mind about taking CPP early? Aug 4th

Q. I am 62 years, 10 months of age, and still working but plan to retire (early) at the end of November 2021 with an unreduced employer pension. I have been collecting CPP for 28 months because I needed the extra money at the time, but I am in a better financial position now.  Can I ask to stop col.... More »
RED DEER, Alta. – A central Alberta financial adviser showed no emotion Tuesday night as a jury found him guilty of first-degree murder for killing his disabled client with a pipe bomb disguised as a Christmas present.
Brian Malley, 57, will serve a life sentence with no parole for 25 years after killing Victoria Shachtay, a 23-year-old single mother who died in her wheelchair when she opened a gift bag that had been left on her doorstep in Innisfail, Alta., in 2011.
Malley declined to say anything when asked during sentencing submissions if he wanted to address the court, but outside court, Shachtay’s family expressed relief.
“It’s a big weight off my shoulders,” said Victor Shachtay, the victim’s father. “I’m certain that Vicky would be satisfied with the outcome of this trial.”
Asked if he wished Malley would have said something, he dismissed the notion.
“I don’t care about him. He’s gone. I’ll never have to worry about that man again, and he’s not on the streets killing other people…

Continue Reading On macleans.ca »

40 days – 2.75%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

3.5 year – 2.30%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

SEOUL, Korea – A gunman shot and killed three people Wednesday in and around a South Korean convenience store that he then set on fire before fleeing, police said. He was later found dead with a gunshot wound to his head in an apparent suicide.
A shotgun was found on the 50-year-old gunman’s body about 4 kilometres from the store, located in Sejong City, Lee Ja-ha, head of the Sejong Police Agency, said in a televised briefing. Another shotgun was found in his vehicle, which was parked about 100 metres away from the body, he said.
The other dead were a father, 74, and son, 50, linked to the family that owned the store, and another man, 52, who’d been living with the elder man’s daughter, Lee said.
Sejong City is 120 kilometres south of Seoul, the capital, and is home to some of South Korea’s government agencies and ministries.
The daughter told police that she had lived with the gunman before breaking up about a year and a half ago. She had recently quarreled with him over financial matters, including the man’s claim that he had a financial stake in the store, Lee said…

Continue Reading On macleans.ca »

Canadians pay some of the highest fees in the world to manage their investments, but we don’t seem to care. That needs to change, Amanda Lang writes, because our laziness is eating into investment returns.

Continue Reading On cbc.ca »

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