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The best student credit cards in Canada for 2024 + MORE Oct 7th
When you’re at a new restaurant, do you have to see the menu before you order? Or do you eat what your foodie friend says is good, knowing it’ll be amazing? The answer can help you decide how to pick a new credit card. Some people want the ability to compare their options side-by-side; others wa.... More »
Bill Cosby fires back at 7 women suing him for defamation - CTV News + MORE Dec 14th
CTV NewsBill Cosby fires back at 7 women suing him for defamationCTV NewsBOSTON -- Bill Cosby fired back Monday at seven women who are suing him for defamation, accusing them of making false accusations of sexual misconduct for financial gain. In a countersuit filed in federal court, Cosby alleges t.... More »
Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy - CBC News Jun 13th
Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy CBC NewsInstant Pot and Pyrex Maker Instant Brands Files for Bankruptcy Yahoo Canada FinancePyrex kitchenware maker files for Chapter 11 bankruptcy ReutersInstant Brands Takes Action to Str.... More »
Apple's Big Siri AI Reveal: Smart Catalyst for Long-Term Investors or Just Marketing Noise? - The Globe and Mail Jun 10th
Apple's Big Siri AI Reveal: Smart Catalyst for Long-Term Investors or Just Marketing Noise? The Globe and MailApple’s new Siri is a dark horse in the AI race The EconomistApple unveils next generation of Apple Intelligence, Siri AI, and more AppleWhy Apple (AAPL) S.... More »
How to use FHSA and RRSP withdrawals for a home down payment in Canada + MORE Feb 11th
Ask MoneySense
My partner and I plan to buy a $600,000 home in two to three years with a 20% down payment. Can we each use $40,000 from our FHSAs and $60,000 from our RRSPs through the Home Buyers’ Plan, even though we would only need $120,000 for the down payment? We would use the additional $80,.... More »
London police: Audacious attempt at cyber heist could have drained millions from Spanish bank
– canadianbusiness.com
LONDON – A daring attempt to graft a rogue piece of hardware onto a computer at a London branch of Spanish bank Santander could have drained millions of pounds (dollars) from its coffers, police said Friday, an indication of the potential for electronic crime to tear huge chunks off financial institutions’ balance sheets.
London’s Metropolitan Police and Santander said in a joint statement that 12 suspects were arrested Thursday following an attempt by a bogus maintenance engineer to install a keyboard-video-mouse — a device typically used to control several computers at once — onto one of the bank’s computers at a branch located in a south London shopping centre.
Few other technical details were released, but the statement said that the hardware would have allowed the transmission of the entire computer’s desktop and “allowed the suspects to take control of the bank’s computer remotely.”
“This was a sophisticated plot that could have led to the loss of a very large amount of money from the bank,” Detective Inspector Mark Raymond said in the statement…
London’s Metropolitan Police and Santander said in a joint statement that 12 suspects were arrested Thursday following an attempt by a bogus maintenance engineer to install a keyboard-video-mouse — a device typically used to control several computers at once — onto one of the bank’s computers at a branch located in a south London shopping centre.
Few other technical details were released, but the statement said that the hardware would have allowed the transmission of the entire computer’s desktop and “allowed the suspects to take control of the bank’s computer remotely.”
“This was a sophisticated plot that could have led to the loss of a very large amount of money from the bank,” Detective Inspector Mark Raymond said in the statement…
Just how much do Canadians owe?
– moneysense.ca
After dipping for two straight quarters, the national household debt to income ratio jumped to a record 163.4%, Statistics Canada said Friday. That means, for every $1 we’re earning, we owe more than $1.63. Not exactly financial independence. So where’s all this debt coming from? Our homes, mostly. Cumulatively, we owe $1.1 trillion in mortgage payments and $500 billion to various lenders, largely banks and credit card companies. It’s this consumer debt that’s really taking off that’s worrisome. Growth credit market debt accelerated from 0.5% to 1.6% during the quarter, StatsCan said. You can be sure much of that is not adding to household net worth (now standing at $205,900 per capita). Visit the Debt section of our newly redesigned website for tips on how to get back on track.
The post Just how much do Canadians owe? appeared first on MoneySense.
The post Just how much do Canadians owe? appeared first on MoneySense.
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.
Why Royal Mail’s IPO looks better than Twitter’s
– theglobeandmail.com
A proven business model that stands to further profit from e-commerce revolution is by far a safer bet
Analyst downgrades Potash Corp. to sell, calls stock rebound 'unwarranted'
– theglobeandmail.com
And other analyst actions of the day
