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As US reduces coal use, developer in rural Georgia tries building coal-fired power plant + MORE Nov 15th
SANDERSVILLE, Ga. – Deep in rural Georgia, a developer is betting he can build one of the last new coal-fired power plants in the United States as the rest of the country moves away from the fuel.
The project, which is being developed by Allied Energy Services, is an outlier. If constructed, P.... More »
How to buy Scotiabank GICs + MORE Mar 10th
Guaranteed investment certificates (GICs) are a no-risk way to invest your money with the confidence that you’ll get back your principal plus interest. Usually, GICs offer interest rates that are better than savings accounts, especially now that the Bank of Canada’s recent rate hikes have booste.... More »
Asian stocks higher as investors await central banks Mar 14th
HONG KONG – Asian stock markets rose Monday, extending a global rally after Wall Street finished last week strongly, as investors turned their attention to several key upcoming central bank meetings.
KEEPING SCORE: Japan’s benchmark Nikkei 225 index rose 2.1 per cent to 17,291.15 while S.... More »
Asset allocation in retirement Mar 13th
Learn, save, invest and prosper with My Own Advisor.
If you think you’re confused about how best to de-accumulate assets to cover retirement expenses, you’re not alone. I’ve read countless articles about how to preserve capital while creating some sort of income stream to cover expenses in t.... More »
Market instability comes at an inconvenient time for Canada's financial industry: Don Pittis + MORE Feb 1st
This week's market stutter is a reminder that stocks don't just go up, and that the economy and securities markets are two separate beasts..... More »
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Jimmy Choo plans to go public on the London Stock Exchange next month in a deal that values the fashion shoe and accessories line at around $1.2 billion US.
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Why disability insurance is so important
– moneysense.ca
Getty ImagesOne-in-three working Canadians will experience a period of disability lasting longer than 90 days during their working lives, according to statistics but a new study for RBC suggests nearly half of Canadians underestimate how frequently disability actually occurs.
In reality, 62% of Canadian workers have been exposed to someone having taken time off of work due to a disability, with 25% having had taken this time themselves.
Even a temporary disability could affect your ability to work and take home a paycheque. Without disability insurance to help cover expenses, many families would find themselves in financial trouble. A separate study released earlier month revealed 51% of workers would find it difficult to meet their financial obligations if their paycheque were delayed by a single week.
“When it comes to disability, what Canadians don’t know can hurt them,” RBC’s Mark Hardy said in a press release Tuesday. “The research indicates that Canadians are overly optimistic about avoiding a disability and that lack of understanding reinforces the need for more education around this critical issue…
Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria
– canadianbusiness.com
NEW YORK, N.Y. – U.S. stocks are mostly lower following disappointing economic news and U.S.-led airstrikes against Islamic State militants in Syria.
The Dow Jones industrial average fell 24 points, or 0.1 per cent, to 17,147 as of noon Eastern time Tuesday.
The Standard & Poor’s 500 fell a point, or 0.1 per cent, to 1,992. The Nasdaq composite edged up three points, or 0.1 per cent, to 4,531.
CarMax plunged 9 per cent after reporting earnings that didn’t meet analysts’ expectations.
European markets fell after a closely watched gauge of business activity in the eurozone fell to a nine-month low in September. France’s CAC 40 index dropped 1.9 per cent and the FTSE 100 in Britain fell 1.4 per cent.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.55 per cent.
The post Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria appeared first on Canadian Business.
The Dow Jones industrial average fell 24 points, or 0.1 per cent, to 17,147 as of noon Eastern time Tuesday.
The Standard & Poor’s 500 fell a point, or 0.1 per cent, to 1,992. The Nasdaq composite edged up three points, or 0.1 per cent, to 4,531.
CarMax plunged 9 per cent after reporting earnings that didn’t meet analysts’ expectations.
European markets fell after a closely watched gauge of business activity in the eurozone fell to a nine-month low in September. France’s CAC 40 index dropped 1.9 per cent and the FTSE 100 in Britain fell 1.4 per cent.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.55 per cent.
The post Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria appeared first on Canadian Business.
