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Fear grips investors as stock markets plunge, loonie down - CTV News Mar 12th
Fear grips investors as stock markets plunge, loonie down CTV NewsTSX, Wall Street keep dropping after triggering 2nd trading halt in a week Global NewsTSX falls by 12%, now back to where it was in 2016 CBC.caCanadian stocks on brink of biggest drop since 1940 amid g.... More »
The best balance transfer credit cards in Canada for 2024 + MORE Mar 1st
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The best balance transfer credit cards in Canada for 2024
Moving your credit card debt to a balance transfer card can help you pay off the debt more quickly by paying little or no interest.
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A Choice for Wall Street + MORE Jun 9th
The House votes for a sturdier, less politicized financial system..... More »
Drowning in debt is the new normal in Canada + MORE Apr 24th
The Canadian Press/Ryan Remiorz
On any given day now you can expect to hear at least one economist, public official or financial commentator express grave concern about the mountain of debt Canadians now carry. The bloated debt loads of Canadian households has become a pervasive topic in media. B.... More »
How to prepare for life as a single-income family + MORE Jun 30th
Zena Amundsen didn’t realize how tight finances could be for a single-income household after she and her husband welcomed their first baby. She quickly had to learn to keep track of every dollar, recalled Amundsen, a Regina-based certified financial planner at Astra Financial Services.
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World markets diffident ahead of US jobs data on worriers over Fed stimulus withdrawal
– canadianbusiness.com
MANILA, Philippines – World stock markets put in a patchy performance Wednesday, with Japan suffering a sharp fall, as investors continued to worry the U.S. Federal Reserve will soon start reducing its monetary stimulus.
Japan’s Nikkei 225 closed down 2.2 per cent to 15,407.94, pulling back from Tuesday’s rise and levels that were the index’s highest in about six months.
European benchmarks made modest gains and U.S. stock futures were up slightly, auguring possible gains on Wall Street.
Chris Weston, chief market strategist at IG in Melbourne, Australia said traders and economists are looking to employment figures Wednesday from payrolls company ADP for indications about the strength of hiring ahead of the official U.S. employment report due Friday.
Whether the Fed starts reducing its $85 billion of monthly bond purchases will likely hinge on Friday’s report. The Fed’s stimulus has shored up global stock markets over the past few years. So-called “tapering” of that stimulus could work the opposite way, even though it would be predicated on an improving U…
Japan’s Nikkei 225 closed down 2.2 per cent to 15,407.94, pulling back from Tuesday’s rise and levels that were the index’s highest in about six months.
European benchmarks made modest gains and U.S. stock futures were up slightly, auguring possible gains on Wall Street.
Chris Weston, chief market strategist at IG in Melbourne, Australia said traders and economists are looking to employment figures Wednesday from payrolls company ADP for indications about the strength of hiring ahead of the official U.S. employment report due Friday.
Whether the Fed starts reducing its $85 billion of monthly bond purchases will likely hinge on Friday’s report. The Fed’s stimulus has shored up global stock markets over the past few years. So-called “tapering” of that stimulus could work the opposite way, even though it would be predicated on an improving U…
How will it end? Portugal seeks bailout closure after 3 years of austerity
– canadianbusiness.com
LISBON, Portugal – Portugal wants to look like Ireland, but it can’t disguise its resemblance to Greece.
Inspectors from Portugal’s bailout creditors arrive in Lisbon on Wednesday for a regular check of the country’s fiscal health and its compliance with the stipulations of the 78 billion euro ($106 billion) financial rescue it received in 2011.
As in Ireland and Greece, which got bailouts the year before Portugal, the agreement demanded steep spending cuts and an economic makeover — part of a continental effort to persuade wary investors to resume lending to some of the eurozone’s debt-heavy countries.
With about six months to go before Portugal’s rescue cash runs out, it’s still unclear whether the Portuguese will be able to make it on their own after June.
The government insists it can follow the same path as Ireland, which will unhook itself from foreign financial support this month. But hurdles remain that could compel Portugal to ask for more help, like Greece did when it got a second bailout, and prolong Europe’s debt woes…
Inspectors from Portugal’s bailout creditors arrive in Lisbon on Wednesday for a regular check of the country’s fiscal health and its compliance with the stipulations of the 78 billion euro ($106 billion) financial rescue it received in 2011.
As in Ireland and Greece, which got bailouts the year before Portugal, the agreement demanded steep spending cuts and an economic makeover — part of a continental effort to persuade wary investors to resume lending to some of the eurozone’s debt-heavy countries.
With about six months to go before Portugal’s rescue cash runs out, it’s still unclear whether the Portuguese will be able to make it on their own after June.
The government insists it can follow the same path as Ireland, which will unhook itself from foreign financial support this month. But hurdles remain that could compel Portugal to ask for more help, like Greece did when it got a second bailout, and prolong Europe’s debt woes…
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online.
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-03-07. Click on the link above to get more details or apply online.
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-10-17. Click on the link above to get more details or apply online.
