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40 days - 2.75% + MORE Oct 31st
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..... More »
Canada’s Best Dividend Stocks 2022 + MORE Jan 26th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
Looking at the returns some investors seem to be enjoying .... More »
“Real value lies in giving people meaningful work and helping them avoid burnout” Aug 16th
Shane Murphy is the CEO of Ownr, a platform that has helped simplify small business incorporation, registration and compliance processes for over 100,000 Canadian entrepreneurs. Prior to stepping into the role of CEO at Ownr, Murphy was an entrepreneur himself. His venture, Founded Technologies, hel.... More »
Rogers doubles financial award for Writers’ Trust Fiction prize + MORE Sep 26th
(iStock)
This morning the Writers’ Trust of Canada and Rogers Communications announced that the telecommunications and media giant was doubling its annual financial commitment to the Rogers Writers’ Trust Fiction Prize, one of the country’s three major national literary awards. This year’s w.... More »
Australia's ruling party to choose new prime minister - CBC.ca + MORE Aug 24th
CBC.caAustralia's ruling party to choose new prime ministerCBC.caAustralia appears set to get its sixth change of prime minister in 11 years, in a ballot of government lawmakers which would continue an era of extraordinary political instability. Foreign Minister Julie Bishop is among the favour.... More »
How to avoid Ponzi and pyramid schemes
– moneysense.ca
MONTREAL – Time has yet to heal the painful financial and emotional wounds inflicted on a victim of one of Canada’s most notorious Ponzi fraudsters.
“It’s five years ago now that it happened to us with Earl Jones and we’re still feeling the effects,” says Joey Davis, whose 84-year-old mother, Margaret, lost $200,000 of her retirement nest egg.
The Montreal man behind a $50-million scam that cost many people their life savings was recently released from prison after serving one-third of his 11-year sentence for defrauding 158 investors.
Davis said it was devastating for his mother to lose 90 per cent of her life’s savings, almost throwing her into “a survival mode of existence.”
Like many others, she also endured the shock of having her trust broken by someone who had provided financial advice to her for 27 years.
“Of all the devastation affected I think, surprisingly, the money is the least shocking,” he said in an interview.
Davis said such fraudulent schemes are more widespread than people think…
“It’s five years ago now that it happened to us with Earl Jones and we’re still feeling the effects,” says Joey Davis, whose 84-year-old mother, Margaret, lost $200,000 of her retirement nest egg.
The Montreal man behind a $50-million scam that cost many people their life savings was recently released from prison after serving one-third of his 11-year sentence for defrauding 158 investors.
Davis said it was devastating for his mother to lose 90 per cent of her life’s savings, almost throwing her into “a survival mode of existence.”
Like many others, she also endured the shock of having her trust broken by someone who had provided financial advice to her for 27 years.
“Of all the devastation affected I think, surprisingly, the money is the least shocking,” he said in an interview.
Davis said such fraudulent schemes are more widespread than people think…
60 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.
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.
Quarter of US households say they’re ‘just getting by,’ Fed survey shows
– canadianbusiness.com
WASHINGTON – A quarter of U.S. households say they’re “just getting by” financially, a survey by the Federal Reserve shows.
The Fed issued the first-time report Thursday, describing it as a snapshot of how Americans perceive their financial and economic well-being. The survey of about 4,100 households was conducted from Sept. 17 through Oct. 4, 2013.
Thirteen per cent said they were struggling to get by, and 34 per cent reported they were somewhat worse off or much worse off than before the Great Recession hit in 2008.
Other findings: a third of those who had applied for credit in the previous 12 months said they were turned down or given less than they requested, and 24 per cent had some type of education debt.
Thirty-one per cent of people who aren’t retired said they had no retirement savings or pension, including 19 per cent of those aged 55 to 64. Nearly half of adults weren’t actively thinking about financial planning for retirement, with 25 per cent saying they had done no planning at all…
The Fed issued the first-time report Thursday, describing it as a snapshot of how Americans perceive their financial and economic well-being. The survey of about 4,100 households was conducted from Sept. 17 through Oct. 4, 2013.
Thirteen per cent said they were struggling to get by, and 34 per cent reported they were somewhat worse off or much worse off than before the Great Recession hit in 2008.
Other findings: a third of those who had applied for credit in the previous 12 months said they were turned down or given less than they requested, and 24 per cent had some type of education debt.
Thirty-one per cent of people who aren’t retired said they had no retirement savings or pension, including 19 per cent of those aged 55 to 64. Nearly half of adults weren’t actively thinking about financial planning for retirement, with 25 per cent saying they had done no planning at all…
Mexico has passed laws to open its oil, gas and electric industries to private and foreign investors after 76 years of state control. Now comes the hard part – attracting investment.
