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Hunting for decent returns with low risk? Here are the basics of GICs
TORONTO — As interest rates have risen, so has the popularity of guaranteed investment certificates.
Oct 12, 2023 10:46 AM
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The US government sanctions two shipping companies for violating the Russian oil price cap
WASHINGTON (AP) — The Treasury Department said Thursday that it has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap .
Oct 12, 2023 10:45 AM
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Rising GIC returns broadening their appeal to younger investors
OTTAWA — Rising interest rates have pushed up costs for borrowers and made mortgages, car loans and other debt more expensive, but the flip side for savers is the better rates for investments such as guaranteed investment certificates.
Oct 12, 2023 10:44 AM
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Barrick preliminary Q3 sales total 1.03M ounces of gold and 101M pounds of copper
TORONTO — Barrick Gold Corp. says its preliminary third-quarter sales totalled 1.03 million ounces of gold and 101 million pounds of copper.
Oct 12, 2023 10:09 AM
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Quebecor extends coverage areas for Freedom Mobile customers, launching MVNO service
MONTREAL — Quebecor Inc. is extending coverage across Canada for customers of its Freedom Mobile, Videotron and Fizz brands following regulatory rulings that it says will promote competition.
Oct 12, 2023 10:08 AM
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Social Security benefits will increase by 3.2% in 2024 as inflation moderates
WASHINGTON (AP) — Millions of Social Security recipients will get a 3.2% increase in their benefits in 2024, far less than this year's historic boost and reflecting moderating consumer prices .
Oct 12, 2023 9:39 AM
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Laurentian Bank makes changes to senior executive ranks
MONTREAL — Laurentian Bank announced a series of changes to its senior executive ranks following a shakeup that saw the appointment of Éric Provost as president and chief executive earlier this month.
Oct 12, 2023 8:54 AM
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St. Lawrence Seaway workers vote in favour of strike if no deal reached by Oct. 21
MONTREAL — Workers represented by Unifor at the St. Lawrence Seaway Corp. have voted 99 per cent in favour of a strike if they are not able to reach a new contract. The union has set a deadline of Oct. 21 to reach an agreement.
Oct 12, 2023 8:19 AM
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Royal LePage downgrades Q4 housing price forecast; expecting seven per cent increase
Real estate firm Royal LePage is forecasting the aggregate price of a home in Canada will increase seven per cent in the final quarter of 2023 compared with the same period last year, downgrading its previous outlook of 8.5 per cent.
Oct 12, 2023 4:00 AM
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Greenpeace files securities complaint against Suncor over climate risk disclosures
CALGARY — An environmental group has lodged a formal complaint with the Alberta Securities Commission over Suncor Energy Inc.'s climate risk disclosures.
Oct 12, 2023 4:00 AM
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