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Cara heads into IPO with solid turnaround, short track record + MORE Feb 18th
Early restructuring results are promising, but they aren’t conclusive
.... More »
World according to Bank of Cda head Poloz: cloudy with chance of spaghetti sauce + MORE Nov 3rd
OTTAWA – Not every central banker compares the economy to a simmering pot of spaghetti sauce. And when Stephen Poloz used the analogy at a luncheon in June, it left many puzzled.
Five months later, there’s a growing comfort with the new governor of the Bank of Canada — and with his col.... More »
New year, new spending habits + MORE Nov 30th
Money-wise, it’s been a challenging year for Canadians but the new year is also a chance to build better strategies around how you spend money. Steer clear of these three common pitfalls for financial success in 2023.
Money mistake #1: Not paying off debt quickly
If you’re in the red, youâ.... More »
Five smart money moves for new graduates May 12th
Stretching your dollars as far as they can go is cited as one of the top skills self-made-millionaires use to build wealth.... More »
Man to plead guilty in Disney insider information case, pay $801,000 to securities regulators + MORE Apr 16th
LOS ANGELES, Calif. – A man will plead guilty to securities fraud and pay regulators around $801,000 for using insider information to profit from Disney’s $4 billion acquisition of Marvel Entertainment in 2009.
According to the deal filed in Los Angeles federal court Wednesday, Toby Scam.... More »
World stocks endure losses as concerns grow about military intervention in Syria, oil soars
– macleans.ca
BANGKOK – The growing likelihood of Western military action against Syria pummeled global stock…
Canada’s Best Credit Cards 2013: Methodology
– moneysense.ca
Earn 1% on your purchases is a typical line in many credit card ads. It sounds simple, right? We can assure you it’s not. The vast majority of credit cards are notoriously complex in their construction. Some cards have reward tiers, meaning you won’t earn that 1% until you’ve spent a certain amount, while others cap how many points you can earn. How you spend can even impact which card is right for you.
To help you find the best card we ran more than a 200 credit cards through a series of different scenarios, depending on your goals and spending patterns. We looked credit cards issued by RBC, TD, Scotiabank, BMO, CIBC, National Bank, HSBC, Capital One, MBNA, President’s Choice, Canadian Tire Financial, American Express, Chase and Desjardins. We did not look at every card offered by each issuer.
This list is based on scenarios and assumptions built around how a typical holder might use the card and may vary from how you actually use your cards. Our data is current as of August 2013…
To help you find the best card we ran more than a 200 credit cards through a series of different scenarios, depending on your goals and spending patterns. We looked credit cards issued by RBC, TD, Scotiabank, BMO, CIBC, National Bank, HSBC, Capital One, MBNA, President’s Choice, Canadian Tire Financial, American Express, Chase and Desjardins. We did not look at every card offered by each issuer.
This list is based on scenarios and assumptions built around how a typical holder might use the card and may vary from how you actually use your cards. Our data is current as of August 2013…
Uruguay inaugurates desulfurization plant for its refinery in joint venture with Argentina
– canadianbusiness.com
MONTEVIDEO, Uruguay – Uruguay has inaugurated a desulfurization plant for the county’s sole oil refinery.
The refinery expansion in Montevideo is a joint venture of Argentina’s state-owned YPF and Uruguay’s ANCAP oil companies.
The plant will reduce by 99.5 per cent the amount of sulfur in diesel fuel and some 85 per cent in gasoline to improve ANCAP’s environmental standards and efficiency. The sulfur will be collected and sold to a Uruguayan company to be used for fertilizers.
Argentine President Cristina Fernandez said during the plant’s unveiling Tuesday that the $400 million investment marks a milestone in relations between the neighbouring nations.
Uruguayan President Jose Mujica said the expansion helps ANCAP to remain in the industry as the sulfur was badly damaging the refinery’s equipment. Uruguay’s presidency puts the investment at about $350 million.
The post Uruguay inaugurates desulfurization plant for its refinery in joint venture with Argentina appeared first on Canadian Business.
The refinery expansion in Montevideo is a joint venture of Argentina’s state-owned YPF and Uruguay’s ANCAP oil companies.
The plant will reduce by 99.5 per cent the amount of sulfur in diesel fuel and some 85 per cent in gasoline to improve ANCAP’s environmental standards and efficiency. The sulfur will be collected and sold to a Uruguayan company to be used for fertilizers.
Argentine President Cristina Fernandez said during the plant’s unveiling Tuesday that the $400 million investment marks a milestone in relations between the neighbouring nations.
Uruguayan President Jose Mujica said the expansion helps ANCAP to remain in the industry as the sulfur was badly damaging the refinery’s equipment. Uruguay’s presidency puts the investment at about $350 million.
The post Uruguay inaugurates desulfurization plant for its refinery in joint venture with Argentina appeared first on Canadian Business.
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
World stocks endure losses as concerns grow about military intervention in Syria, oil soars
– canadianbusiness.com
BANGKOK – The growing likelihood of Western military action against Syria pummeled global stock markets Wednesday and sent the price of oil soaring. India’s rupee, already under pressure from the country’s deteriorating economic and financial situation, fell dramatically.
Fears that the U.S., Britain and other countries are gearing up to confront Syria over its alleged use of chemical weapons against civilians rose after Defence Secretary Chuck Hagel said the U.S. military stands ready to strike against Syria if President Barack Obama gives the order.
“Investors are sort of battening down the hatches a bit. I get the sense that this looks like a situation that is likely to be with us for a while,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “One reason the market has started to fall is that people are thinking this may not be a one-off blip that will only last a week. The stakes have been raised by the use of chemical weapons,” he said…
Fears that the U.S., Britain and other countries are gearing up to confront Syria over its alleged use of chemical weapons against civilians rose after Defence Secretary Chuck Hagel said the U.S. military stands ready to strike against Syria if President Barack Obama gives the order.
“Investors are sort of battening down the hatches a bit. I get the sense that this looks like a situation that is likely to be with us for a while,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “One reason the market has started to fall is that people are thinking this may not be a one-off blip that will only last a week. The stakes have been raised by the use of chemical weapons,” he said…
