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A guide to Guaranteed Investment Certificates (GICs) Aug 25th
Table of Contents
What is a GIC?
How does a GIC work?
Terms and Maturity
Withdrawal penalties
Types of GICs
GIC laddering
Are GICs worth it?
As the saying goes, it’s better to be safe than sorry. And for investors seeking safety, guaranteed investment certificates (GICs) can be a useful.... More »
Elderly Nova Scotia couple reunited in same nursing home following appeal - CBC.ca + MORE Apr 8th
CBC.caElderly Nova Scotia couple reunited in same nursing home following appealCBC.caEdwin and Marjorie Crossland were separated after 70 years when Edwin, 91, was assessed as not needing the same type of nursing home care as his wife, who suffers from dementia. (Submitted by Tammy Crossland). An An.... More »
Justin Trudeau appoints Richard Wagner next Supreme Court chief justice + MORE Dec 12th
Daniel Sabourin/Laforest et Sabourin
OTTAWA — Prime Minister Justin Trudeau has appointed Justice Richard Wagner to be the next chief justice of the Supreme Court of Canada.
Wagner was born in Montreal and earned a law degree from the University of Ottawa in 1979.
He practised law for more than 20.... More »
Most actively traded companies on the TSX + MORE Nov 18th
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,399.97, up 119.58 points):
Telesta Therapeutics Inc. (TSX:TST). Health-care. Down 39.5 cents, or 50 per cent, to 39.5 cents on 15.1 million shares.
GeneNews Ltd. (TSX:GEN). Health-care. Down .... More »
All TTC subway riders getting cellphone service starting Oct. 3, federal minister says - CBC.ca + MORE Sep 11th
All TTC subway riders getting cellphone service starting Oct. 3, federal minister says CBC.caToronto's Financial Workers Will Finally Be Able to Work on the Subway Financial PostRogers must give BCE, Telus access to wireless network on Toronto's subway system by Oct. 3, ministe.... More »
40 days – 2.75%
– ratesupermarket.ca
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.
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
90 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
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.
Saudi Arabia’s Mobily suspends CEO amid stock plunge and audit into major accounting errors
– canadianbusiness.com
RIYADH, Saudi Arabia – Telecommunications company Etihad Etisalat, known as Mobily on the Saudi stock exchange, said Sunday it has suspended its chief executive officer after accounting errors forced the operator to restate 18 months of earnings.
Etihad Etisalat, which is 27 per cent owned the United Arab Emirates’ Etisalat, said in a statement posted on the Saudi stock exchange website that CEO Khalid al-Kaf was suspended effective Friday. The statement said that Deputy CEO Serkan Okandan would run the company’s operations until an audit committee submits its report to the board of directors identifying the responsibilities and errors for 2013 and the first half of this year.
The telecommunications company’s shares have plunged more than 35 per cent since a sharp sell-off began in late October. The company temporarily suspended trading on Saudi Arabia’s Tadawul stock exchange Oct. 30.
Shares closed at 56.20 Saudi riyals ($14.98) last week. The company said earlier this month that it would not pay out cash dividends for the third quarter…
Etihad Etisalat, which is 27 per cent owned the United Arab Emirates’ Etisalat, said in a statement posted on the Saudi stock exchange website that CEO Khalid al-Kaf was suspended effective Friday. The statement said that Deputy CEO Serkan Okandan would run the company’s operations until an audit committee submits its report to the board of directors identifying the responsibilities and errors for 2013 and the first half of this year.
The telecommunications company’s shares have plunged more than 35 per cent since a sharp sell-off began in late October. The company temporarily suspended trading on Saudi Arabia’s Tadawul stock exchange Oct. 30.
Shares closed at 56.20 Saudi riyals ($14.98) last week. The company said earlier this month that it would not pay out cash dividends for the third quarter…
