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China’s foreign reserves fall by $93.9 billion after spending to support yuan exchange rate + MORE Sep 8th
BEIJING, China – China’s foreign exchange reserves fell by a record $93.9 billion in August as the central bank spent heavily to support its currency’s exchange rate following a surprise devaluation.
Reserves declined to $3.557 trillion as of the end of August, according to the Peo.... More »
Trudeau announces Canada's 1st lithium-ion battery plant to be built in Ontario | FULL - Global News May 14th
Trudeau announces Canada's 1st lithium-ion battery plant to be built in Ontario | FULL Global NewsHonda EV battery plant gets Japanese investment CTV News TorontoJapan's Asahi Kasei to invest $1.6-billion in Ontario electric-vehicle facility, sources say The Globe an.... More »
What to do when banks give questionable financial advice to seniors + MORE Feb 12th
Q: Do you have any advice for an 80-year old? I have $180k invested in GIC and mutual funds. I am having problems with the bank to produce a financial statement of actual costs. They will give trailing fees but say actual MER costs are unavailable.
So, I am looking to change my investments.
At my ag.... More »
Blue Sky Investing — Fly High with 3 Unusual Strategies Sep 20th
While most investors pore over stocks and shares or siphon their savings into a traditional business like a shop or pub, others look for something a little more exciting.
There are risks involved in any type of financial venture and these must be weighed against potential rewards — with a touch of.... More »
Ontario lifts tuition freeze, unveils OSAP reforms as it boosts university and college funding. Here's what it will mean for schools and students Feb 12th
Ontario is overhauling OSAP, so that financial aid will be mainly loans with far fewer non-repayable grants..... More »
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Toronto StarLac-Megantic lead locomotive pulled from auction block by copsToronto SunRelated Stories. MMA railway buyer had train derailment in '09, similar to Lac-Megantic causes · Quebec govt. giving Lac-Megantic $60M · Lac-Magentic, Que., residents want rail line rerouted · Bankrupt MMA railway sells its Quebec assets for $3 million …Lac-Megantic locomotive suitable for museum exhibit or scrap heap, local saysmysask.comPolice try to prevent auction of Lac-Megantic's 'train from hell'CTV NewsQuebec police try to prevent US auction of Lac-Megantic locomotive580 CFRA RadioWashington Post -Oye! Timesall 59 news articles »
S&P says regulators considering action against it over mortgage securities ratings in 2011
– canadianbusiness.com
WASHINGTON – Standard & Poor’s says regulators have told the rating agency they are considering taking civil enforcement action against it over ratings it gave to six deals in 2011 involving securities tied to commercial mortgages.
S&P’s parent McGraw Hill Financial Inc. disclosed Wednesday in a regulatory filing that it has received a so-called “Wells Notice” from staff of the Securities and Exchange Commission. The notice indicates the staff will recommend to the five-member commission that it pursue action against S&P for alleged violations of securities laws.
Under SEC procedure, S&P will be able to make its case to the agency on the issues raised by the notice.
New York-based McGraw Hill says S&P has been co-operating with the SEC in the matter and will continue to do so.
The post S&P says regulators considering action against it over mortgage securities ratings in 2011 appeared first on Canadian Business.
S&P’s parent McGraw Hill Financial Inc. disclosed Wednesday in a regulatory filing that it has received a so-called “Wells Notice” from staff of the Securities and Exchange Commission. The notice indicates the staff will recommend to the five-member commission that it pursue action against S&P for alleged violations of securities laws.
Under SEC procedure, S&P will be able to make its case to the agency on the issues raised by the notice.
New York-based McGraw Hill says S&P has been co-operating with the SEC in the matter and will continue to do so.
The post S&P says regulators considering action against it over mortgage securities ratings in 2011 appeared first on Canadian Business.
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
Surging N.Y. property values reduce historic businesses to memories
– theglobeandmail.com
Latest real estate boom in the city sees developers buying old, small businesses which are easier to raze and develop compared with occupied residential buildings
