Obama signs debt ceiling, military cost of living benefits measures into law + MORE Feb 15th

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Generation Y unhappy with home insurance providers Jun 6th

Home insurance (Getty Images/Charlie Roy) The Gen Y’s are not happy. At least not with home insurance and not with customer service from home insurance providers. While Canadians’ satisfaction with home insurance providers has declined in all regions across the country since 2014, it’s.... More »

How to manage and save money without a budget + MORE Nov 4th

“Stick to a budget” is one of the most common pieces of advice you’ll hear if you’re trying to save money. But not everyone wants to make decisions according to a spreadsheet—and there are many ways to manage your money that don’t involve a budget. Often, a simple, critical look at your .... More »
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Former real estate mogul Robert Campeau dead at 93 + MORE Jun 19th

Robert Campeau, the former real estate mogul who once controlled the Bloomingdale's and Macy's department store chains in the United States, has died at 93..... More »
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Making sense of the markets this week: October 4, 2021 Oct 1st

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.  Will the energy crunch turn into an energy crisis?   The energy story is dominating headlines these days, described as a crunch or even an energy crisis .... More »

Former PM Mulroney back on Parliament Hill in role as NAFTA broker + MORE Apr 6th

Brian Mulroney was back on Parliament Hill today _ and he’s not mincing words about the challenges Canada faces in renegotiating the North American Free Trade Agreement. The former prime minister, a personal friend of Donald Trump and for many the grandfather of free trade in North America, ha.... More »

120 days – 1.70%

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This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.

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60 days – 1.55%

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This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.

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30 days – 1.50%

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This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.

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5.5 year – 2.77%

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This GIC rate is offered by DUCA Financial Services and was updated on 2014-01-25. Click on the link above to get more details or apply online.

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RANCHO MIRAGE, Calif. – President Barack Obama on Saturday signed separate measures into law to lift the federal debt limit and restore benefits that had been cut for younger military retirees.
Obama signed the bills during a weekend golf vacation in Southern California.
The debt limit measure allows the government to borrow money to pay its bills, such as Social Security benefits and federal salaries. Failure to pass the measure, which the Senate passed 67-31 earlier this week and sent to Obama for his signature, most likely would have sent the stock market into a nosedive.
The Treasury Department is now free to borrow regularly through March 15, 2015, meaning lawmakers won’t have to revisit the issue until a new Congress is sworn in after the November elections.
Separate legislation passed in December would have held annual cost-of-living increases for veterans age 62 and younger to 1 percentage point below the rate of inflation, beginning in 2015. The measure was designed to hold the line on the soaring cost of government benefit programs, which have largely escaped trillions of dollars in deficit cuts over the past three years…

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