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The best GIC rates in Canada for 2025 May 16th
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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Stocks surge on hint of slower rate hikes + MORE Nov 28th
Canada's main stock index posted its largest rally in almost three years on Wednesday after U.S. Federal Reserve chairman Jerome Powell suggested a possible pause in interest rate hikes next year..... More »
Vancouver's real estate tax sparks backlash from Chinese buyers - The Globe and Mail + MORE Aug 15th
The Globe and MailVancouver's real estate tax sparks backlash from Chinese buyersThe Globe and MailThree years ago, Jack Li signed to buy a modest one-bedroom condo in Richmond for about $200,000, a chance to gain a relatively cheap foothold in British Columbia's Lower Mainland. Then he wa.... More »
'I welcome a dust-off' of NAFTA, says Bank of Canada's Stephen Poloz - CBC.ca + MORE Mar 28th
CBC.ca'I welcome a dust-off' of NAFTA, says Bank of Canada's Stephen PolozCBC.caBank of Canada governor Stephen Poloz said Tuesday there could be room to improve the North American Free Trade Agreement. He was speaking after a speech in which he praised free trade, foreign investment,.... More »
Horgan gives $600 million in tax rebates to help curb inflationary pressures - Vancouver Sun Sep 7th
Horgan gives $600 million in tax rebates to help curb inflationary pressures Vancouver SunB.C. government announces 2 tax credit boosts, rent increase cap for 2023 Global NewsB.C. caps rent increases at 2%, boosts climate tax credit and family benefit as cost of living soars&nb.... More »
Spain’s foreign minister visits Cuba, urges more rapid reforms to expand private enterprise
– canadianbusiness.com
HAVANA – Spain’s foreign minister urged Cuba on Tuesday to accelerate economic reforms designed to expand private enterprise and attract foreign investment to the communist-run island.
Foreign Minister Jose Manuel Garcia-Margallo’s two-day visit to Cuba was the first by a minister in the Cabinet of Spanish Prime Minister Mariano Rajoy, whose conservative Popular Party has long been critical of Cuba’s policies.
Cuba’s economic reforms were launched by President Raul Castro in 2010 to kick-start a centrally planned economy starved for cash and hamstrung by inefficiency. But the country has been slow to unify its currencies and potential investors have complained of the pace of change, the lack of supplies and the slowness of what should be simple decisions because of overlapping government agencies.
“Spain would like to see a more rapid pace to the economic reforms that give more space for private initiative and foreign investment … which advance monetary unification and allow for decentralization,” said Garcia-Margallo, who met Tuesday with Cuban Foreign Minister Bruno Rodriguez and Vice-President Miguel Diaz-Canel…
Foreign Minister Jose Manuel Garcia-Margallo’s two-day visit to Cuba was the first by a minister in the Cabinet of Spanish Prime Minister Mariano Rajoy, whose conservative Popular Party has long been critical of Cuba’s policies.
Cuba’s economic reforms were launched by President Raul Castro in 2010 to kick-start a centrally planned economy starved for cash and hamstrung by inefficiency. But the country has been slow to unify its currencies and potential investors have complained of the pace of change, the lack of supplies and the slowness of what should be simple decisions because of overlapping government agencies.
“Spain would like to see a more rapid pace to the economic reforms that give more space for private initiative and foreign investment … which advance monetary unification and allow for decentralization,” said Garcia-Margallo, who met Tuesday with Cuban Foreign Minister Bruno Rodriguez and Vice-President Miguel Diaz-Canel…
3.5 year – 2.20%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-10-20. Click on the link above to get more details or apply online.
Most actively traded companies on the TSX
– canadianbusiness.com
TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,073.65, up 58.24 points):
Pengrowth Energy Corp. (TSX:PGF). Oil and gas. Up six cents, or 1.36 per cent, to $4.48 on 23 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 15 cents, or 4.89 per cent, to $2.92 on 20.6 million shares.
Mood Media Corp. (TSX:MM). Advertising and marketing services. Up half-a-cent, or 1.12 per cent, to 45 cents on 10.9 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 35 cents, or 11.11 per cent, to $3.50 on 8.5 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Up 61 cents, or 4.29 per cent, to $14.83 on 8.1 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 77 cents, or 10.66 per cent, to $7.99 on 7.6 million shares.
Companies reporting major news:
Alimentation Couche-Tard (TSX:ATD.B). Retail. Up $1.52, or 3.98 per cent, to $39.70 on 1.6 million shares. The convenience store operator said its quarterly net income surged 25 per cent to US$286…
Toronto Stock Exchange (15,073.65, up 58.24 points):
Pengrowth Energy Corp. (TSX:PGF). Oil and gas. Up six cents, or 1.36 per cent, to $4.48 on 23 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 15 cents, or 4.89 per cent, to $2.92 on 20.6 million shares.
Mood Media Corp. (TSX:MM). Advertising and marketing services. Up half-a-cent, or 1.12 per cent, to 45 cents on 10.9 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 35 cents, or 11.11 per cent, to $3.50 on 8.5 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Up 61 cents, or 4.29 per cent, to $14.83 on 8.1 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 77 cents, or 10.66 per cent, to $7.99 on 7.6 million shares.
Companies reporting major news:
Alimentation Couche-Tard (TSX:ATD.B). Retail. Up $1.52, or 3.98 per cent, to $39.70 on 1.6 million shares. The convenience store operator said its quarterly net income surged 25 per cent to US$286…
Pay less capital gains tax
– moneysense.ca
(Illustration by Lauren Hom)Of all the questions MoneySense receives (and we get a lot), the most popular is “How can I avoid capital gains taxes?” No wonder: capital gains taxes can take a big bite out of your wealth. It seems unfair that you have to fork over money to the government just for investing well, and most of us would rather run across hot coals than pay them.
Unfortunately, the sad truth is that—with a few important exceptions—you have to pay capital gains taxes whenever you sell investments, property or other assets for more than you bought them for. So if you buy a stock for $100 and sell it for $150 a few years later, your capital gain is $50 (less commissions or other expenses), and you have to pay tax on that amount.
The good news is that unlike regular income, only 50% of capital gains are taxable. Plus, you don’t have to pay until you sell the asset. Bottom line is—despite their bad rap—capital gains can actually be the most tax-friendly of all investment returns, and there are plenty of ways to defer, reduce or even avoid them altogether…
TDSB: Province sends 'reviewer' to study Toronto school board's ongoing … – Toronto Star
– news.google.ca
Toronto StarTDSB: Province sends 'reviewer' to study Toronto school board's ongoing …Toronto StarIn the first political intervention of its kind, Queen's Park is sending a troubleshooter to the embattled Toronto District School Board to find a way to broker peace between feuding parties — staff and trustees — and consider whether, in the long run, the largest …Ontario takes unusual step to deal with tensions at Toronto school boardThe Globe and MailOntario conducting review of controversy-plagued TDSBToronto SunProvince calls in expert to look at what's going wrong at troubled Toronto District …National Post680 News -CBC.caall 27 news articles »
