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The best TD credit cards in Canada + MORE Nov 1st
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The best TD credit cards in Canada
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Can you change your mind about taking CPP early? Aug 4th
Q. I am 62 years, 10 months of age, and still working but plan to retire (early) at the end of November 2021 with an unreduced employer pension.
I have been collecting CPP for 28 months because I needed the extra money at the time, but I am in a better financial position now.
Can I ask to stop col.... More »
When to watch out for OAS clawbacks Mar 14th
Beware of the clawback!(Shutterstock)
Q: I have been trying to find out how much extra income a person can earn without having to report the income while drawing OAS and CPP.
I have tried looking this up online, but every site I have been to wants to charge me just to get the answer or does not answ.... More »
4.5 year - 2.50% + MORE Jan 20th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online..... More »
Encana sells Colorado property to CPPIB-led group for $900-million + MORE Oct 8th
Canada Pension Plan Investment Board will hold 95 per cent of a new concern, and The Broe Group the remaining 5 per cent
.... More »
A former Bay Street trader has launched a new career designing games that teach financial literacy to high school and college students.
Suncor increasing capital spending to $7.8B; oil production expected to rise 10%
– canadianbusiness.com
CALGARY – Suncor Energy (TSX:SU) has announced a capital spending program of $7.8 billion for 2014, some $500 million more than it originally forecast for 2013.
Meanwhile, the Calgary-based integrated oil giant said Wednesday that it expects average production to increase by about 10 per cent to between 565,000 and 610,000 barrels of oil equivalent per day next year.
Suncor said oilsands production is expected to grow by better than 14 per cent, more than offsetting reduced production from its North America onshore business as a result of its natural gas divestiture in 2013.
About $4.2 billion of the 2014 capital spend is expected to go towards growth projects, with $1.9 billion of that earmarked for advancing oilsands projects, including the Fort Hills joint venture and near-term debottlenecking and expansion initiatives such as MacKay River 2.
Growth capital is also being allocated to exploration and production projects that include investment in Golden Eagle in the North Sea and development of East Coast Canada assets such as Hebron…
Meanwhile, the Calgary-based integrated oil giant said Wednesday that it expects average production to increase by about 10 per cent to between 565,000 and 610,000 barrels of oil equivalent per day next year.
Suncor said oilsands production is expected to grow by better than 14 per cent, more than offsetting reduced production from its North America onshore business as a result of its natural gas divestiture in 2013.
About $4.2 billion of the 2014 capital spend is expected to go towards growth projects, with $1.9 billion of that earmarked for advancing oilsands projects, including the Fort Hills joint venture and near-term debottlenecking and expansion initiatives such as MacKay River 2.
Growth capital is also being allocated to exploration and production projects that include investment in Golden Eagle in the North Sea and development of East Coast Canada assets such as Hebron…
OMERS partners to buy U.S. repair network Caliber Collision Centers from Onex
– canadianbusiness.com
TORONTO – OMERS Private Equity has partnered with management at Caliber Collision Centers to acquire the U.S. network of 157 automotive collision repairs centres.
Financial details of the purchase from ONCAP, Onex Corp.’s (TSX:OCX) mid-market private equity platform, were not disclosed.
Based in Dallas, Texas, Caliber is the largest independent provider of automotive collision repair services in the United States, with repair centres in California, Texas, Arizona, Nevada, Oklahoma and Colorado.
The Company has approximately 3,700 employees and repairs more than 285,000 vehicles annually.
“We are thrilled to partner with Steve Grimshaw, president and CEO of Caliber, and his management team for the company’s next phase of growth,” said Tim Patterson, senior managing director at OMERS Private Equity.
“We believe that Caliber will continue to distinguish itself as the market leader in the highly fragmented collision repair industry in the years ahead.”
OMERS Private Equity is the private equity investment arm of the Ontario Municipal Employees Retirement System, a pension fund representing more than 430,000 workers in Ontario…
Financial details of the purchase from ONCAP, Onex Corp.’s (TSX:OCX) mid-market private equity platform, were not disclosed.
Based in Dallas, Texas, Caliber is the largest independent provider of automotive collision repair services in the United States, with repair centres in California, Texas, Arizona, Nevada, Oklahoma and Colorado.
The Company has approximately 3,700 employees and repairs more than 285,000 vehicles annually.
“We are thrilled to partner with Steve Grimshaw, president and CEO of Caliber, and his management team for the company’s next phase of growth,” said Tim Patterson, senior managing director at OMERS Private Equity.
“We believe that Caliber will continue to distinguish itself as the market leader in the highly fragmented collision repair industry in the years ahead.”
OMERS Private Equity is the private equity investment arm of the Ontario Municipal Employees Retirement System, a pension fund representing more than 430,000 workers in Ontario…
The Dow’s 20% rise: Enjoy it while you can
– thestar.com
The stock market’s long-term average return is 9.7 per cent year. This year looks much better than that.5.5 year – 2.35%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2013-11-09. Click on the link above to get more details or apply online.
