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The best GIC rates in Canada for 2025 + MORE Jun 30th
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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The close: TSX dips as oil price drop offsets bank earnings + MORE May 25th
S&P 500 hits record high after upbeat retail results
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Innovation minister announces $5M investment in 2 auto technology firms in Windsor Jan 14th
A repayable investment of $4 million will help APAG Elektronik open up 138 skilled jobs, while Service Mold + Aerospace will add 21 jobs using an additional $1-million repayable investment..... More »
Do inflation-linked bonds make sense in an era of rising interest rates? + MORE Feb 24th
For a long time, inflation-linked bonds like TIPs (Treasury Inflation-Protected Securities) in the U.S. or Government of Canada Real Return Bonds (RRBs) seemed like valid alternatives to nominal bonds for inflationary environments. If inflation ticks above certain levels, such bonds—or exchange-tr.... More »
Frankie earns $53,000 but has a mountain of credit card debt. Can he ever climb out of this hole? Feb 20th
The 24-year-old Toronto writer says tracking his spending was a ‘wake-up call,’ but feels ‘it’s never too late’ to get his financial house back in order.... More »
Latin America losing allure for global resource companies
– theglobeandmail.com
Resource firms reconsidering plans as countries across Latin America strive to keep more of the wealth for the benefit of local people
Longtime Madoff employee tells NY jury he didn’t ask questions as fraud ballooned around him
– canadianbusiness.com
NEW YORK, N.Y. – In the many years he spent as a trader at Bernard L. Madoff Investment Securities LLC, David Kugel learned that investments that Madoff claimed to be making for clients were fiction.
Kugel, 68, knew that because he was instrumental in concocting the phoney trades. But he always kept his mouth shut.
Madoff “was my boss,” he testified at the trial of five former Madoff employees in federal court in Manhattan. “If he asked me to do something, I gave it to him. I didn’t question him. … I believed him.”
Prosecutors are seeking to use Kugel’s testimony — the first by a co-operator in the Madoff investigation — to show how he and other insiders purposely stayed blindly loyal to Madoff while becoming wealthy off his fraud.
But the testimony also suggested some complexities in the don’t-ask-don’t-tell environment: By Kugel’s account, there was a belief that Madoff was working his investment magic in ways he wasn’t revealing…
Kugel, 68, knew that because he was instrumental in concocting the phoney trades. But he always kept his mouth shut.
Madoff “was my boss,” he testified at the trial of five former Madoff employees in federal court in Manhattan. “If he asked me to do something, I gave it to him. I didn’t question him. … I believed him.”
Prosecutors are seeking to use Kugel’s testimony — the first by a co-operator in the Madoff investigation — to show how he and other insiders purposely stayed blindly loyal to Madoff while becoming wealthy off his fraud.
But the testimony also suggested some complexities in the don’t-ask-don’t-tell environment: By Kugel’s account, there was a belief that Madoff was working his investment magic in ways he wasn’t revealing…
4.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online.
Shares in Twitter Inc. have been found eligible for investment by Islamic funds, according to IdealRatings, a company that screens stocks to determine whether they meet Muslim principles.
5.5 year – 3.00%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online.
