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BMO profit beats expectations on strong retail banking - The Globe and Mail + MORE Aug 23rd
The Globe and MailBMO profit beats expectations on strong retail bankingThe Globe and MailBank of Montreal reported a 3 per cent increase in quarterly earnings, ahead of market expectations, on strength in its retail and commercial banking and capital markets businesses. The bank, Canada's four.... More »
Should you update your financial plan given recent volatility? May 22nd
The COVID-19 pandemic is causing wide-ranging impacts on people’s investments, jobs and businesses. There are events that may trigger significant personal changes for someone’s financial planning, but COVID-19 has caused sudden changes for many people all at the same time.
Investments
For those .... More »
Can debt consolidation help with Canadian student loans? Sep 29th
Ask MoneySense
My parents have RESP savings, and I have a few part-time jobs and some support from other family members. But it’s not enough. I am wondering about OSAP, as I have a tight budget. My parents always warned me that taking on debt was “bad,” though, because they had student lo.... More »
TransAlta cuts quarterly dividend to 18 cents per share, reports Q4 loss + MORE Feb 20th
CALGARY – TransAlta Corp. (TSX:TA) cut its quarterly dividend Thursday as it reported a loss in the fourth quarter and the sale of its 50 per cent stake in CE Generation, Blackrock development and Wailuku to its partner MidAmerican Renewables for US$193.5 million.
The power producer said it wo.... More »
Beyond financial planning: How to achieve the lifestyle you want + MORE May 25th
Q. I have just turned 40, am single, and earn $86,000 a year. I also have zero debt. I just finished paying off my house, worth $315,000, and I would like to continue to put away my mortgage payment of $1,000 every two weeks as savings.
Because all money went to debt repayment, I’ve never really i.... More »
Canadians are flunking when it comes to financial literacy, according to a new report from BMO Financial Group.
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.
TORONTO – The founders of BlackBerry are in discussions to partner with investment firm…
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.
BlackBerry founders in talks with Cerberus, Qualcomm over bid: source
– canadianbusiness.com
TORONTO – The founders of BlackBerry are in discussions to partner with investment firm Cerberus Capital Management LP to make a competitive bid for the struggling technology company.
A source familiar with the process said that Mike Lazaridis and Doug Fregin began talks with Cerberus in hopes that an agreement could be ironed out before a key deadline next week.
The source asked not to be named because they weren’t authorized to speak on the matter.
The potential group includes other parties that could join an official bid, including cellphone chip maker Qualcomm Inc., the source said.
Representatives for both Cerberus and Qualcomm declined to comment on whether they are in negotiations.
The move comes ahead of a deadline set for Monday for potential bidders for BlackBerry (TSX:BB) assets.
At that time, a due diligence period ends for Fairfax Financial (TSX:FFX), BlackBerry’s largest shareholder, which made a conditional US$9-per-share offer for the company in September…
A source familiar with the process said that Mike Lazaridis and Doug Fregin began talks with Cerberus in hopes that an agreement could be ironed out before a key deadline next week.
The source asked not to be named because they weren’t authorized to speak on the matter.
The potential group includes other parties that could join an official bid, including cellphone chip maker Qualcomm Inc., the source said.
Representatives for both Cerberus and Qualcomm declined to comment on whether they are in negotiations.
The move comes ahead of a deadline set for Monday for potential bidders for BlackBerry (TSX:BB) assets.
At that time, a due diligence period ends for Fairfax Financial (TSX:FFX), BlackBerry’s largest shareholder, which made a conditional US$9-per-share offer for the company in September…
