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Latest News
Banks say Canada Post should not be allowed to open the teller window + MORE Jul 12th
OTTAWA – The lobby group representing Canada’s big banks says Canada Post should not be allowed to expand onto its turf as a means of generating needed revenue.
The Canadian Bankers Association says there is no public policy objective or existing gap in the marketplace that would warrant.... More »
Ellyce Fulmore is putting the personal back into personal finance + MORE Jun 10th
Ellyce Fulmore is putting the “personal” back into “personal finance.” She’s the finfluencer and founder behind Queerd Co., which offers “shame-free finance education that goes beyond the numbers.” Queerd Co. views personal finance through an intersectional lens, meaning that it takes .... More »
Stocks lower as investors weigh rising North Korea tensions Aug 9th
North American markets were lower on Wednesday afternoon as investors rushed to safe-haven assets after President Donald Trump's 'fire and fury' warning to North Korea escalated tensions with the nuclear-armed nation..... More »
The best GIC rates in Canada for 2026 + MORE Apr 8th
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Rates are heading up. Time to buy bonds? Nov 23rd
Even in the worst years, a bond portfolio will probably only loss a few percentage points, while stock market losses could reach 50 per cent or more, writes Gordon Pape..... More »
5.5 year – 2.65%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-07. Click on the link above to get more details or apply online.
Toronto stock market to head lower amid falling crude prices, earnings news
– canadianbusiness.com
TORONTO – The Toronto stock market appeared set to move lower Wednesday as traders consolidate four days of advances and consider earnings reports from the energy and grocer segments.
The Canadian dollar was up 0.47 of a cent from Monday’s close to 88.39 cents US.
Trading is expected to be more active as banks, businesses and Treasury markets were closed Tuesday for Remembrance Day in Canada and Veterans Day in the U.S.
New York futures indicated a lower start to the trading day with the Dow Jones industrial futures down 66 points to 17,502, the Nasdaq futures were four points lower to 4,179.3 and the S&P 500 futures fell 7.8 points to 2,028.7.
Encana Corp. (TSX:ECA) posted operating earnings of $281 million or 38 cents a share, missing estimates of 50 cents a share. Encana did better than estimates on cash flow, which increased to $1.09 per share from 89 cents per share and eight cents above the estimate of $1.01 per share.
Loblaw Companies Ltd. (TSX:L) reported adjusted earnings of $371 million or 90 cents a share, up 23 per cent from a year ago and three cents ahead of estimates…
The Canadian dollar was up 0.47 of a cent from Monday’s close to 88.39 cents US.
Trading is expected to be more active as banks, businesses and Treasury markets were closed Tuesday for Remembrance Day in Canada and Veterans Day in the U.S.
New York futures indicated a lower start to the trading day with the Dow Jones industrial futures down 66 points to 17,502, the Nasdaq futures were four points lower to 4,179.3 and the S&P 500 futures fell 7.8 points to 2,028.7.
Encana Corp. (TSX:ECA) posted operating earnings of $281 million or 38 cents a share, missing estimates of 50 cents a share. Encana did better than estimates on cash flow, which increased to $1.09 per share from 89 cents per share and eight cents above the estimate of $1.01 per share.
Loblaw Companies Ltd. (TSX:L) reported adjusted earnings of $371 million or 90 cents a share, up 23 per cent from a year ago and three cents ahead of estimates…
BB&T buying Susquehanna in $2.5 billion deal to expand its reach into the Mid-Atlantic
– canadianbusiness.com
NEW YORK, N.Y. – The commercial bank BB&T is buying Susquehanna Bancshares in a cash-and-stock deal worth about $2.5 billion.
That will give the Winston-Salem, North Carolina, bank a broader reach into the Mid-Atlantic region through Susquehanna’s 245 locations in Pennsylvania, Maryland, New Jersey, and West Virginia.
Shares of Susquehanna Bancshares Inc., based in Lititz, Pennsylvania, jumped 32 per cent to $13.03 in premarket about an hour before the market opening Wednesday.
Susquehanna shareholders will receive 0.253 shares of BB&T common stock and $4.05 in cash for each of their shares. That comes to $13.50 per share based on the average closing price of BB&T over the 45 trading days ending Monday.
Based on Susquehanna’s closing price Tuesday, BB&T is paying a 39 per cent premium.
BB&T has been expanding and the deal announced Wednesday is one of the largest deals in the banking sector since the financial crisis. Susquehanna has assets of approximately $18…
That will give the Winston-Salem, North Carolina, bank a broader reach into the Mid-Atlantic region through Susquehanna’s 245 locations in Pennsylvania, Maryland, New Jersey, and West Virginia.
Shares of Susquehanna Bancshares Inc., based in Lititz, Pennsylvania, jumped 32 per cent to $13.03 in premarket about an hour before the market opening Wednesday.
Susquehanna shareholders will receive 0.253 shares of BB&T common stock and $4.05 in cash for each of their shares. That comes to $13.50 per share based on the average closing price of BB&T over the 45 trading days ending Monday.
Based on Susquehanna’s closing price Tuesday, BB&T is paying a 39 per cent premium.
BB&T has been expanding and the deal announced Wednesday is one of the largest deals in the banking sector since the financial crisis. Susquehanna has assets of approximately $18…
U.S., British and Swiss regulators have fined five global banks $3.4 billion for attempting to manipulate foreign exchange markets — the latest penalties for an industry previously criticized for rigging interest rates and for their role in triggering the global financial crisis.
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.
