News: Money

Bakery to offer free bread in exchange for bread price-fixing $25 gift cards

Friday  16:12,   19 january 2018
cbc.ca

A local bakery in Kamloops, B.C., is offering customers five loaves of bread in exchange for their $25 gift cards to Save-On-Foods and Loblaws grocery stores, which they will then donate to local[...]

Will Amazon really go to Canada? Don't count Toronto out

Friday  11:05,   19 january 2018
USA TODAY

Out of the final twenty candidates for Amazon's HQ2, only Toronto is outside the[...]

Canadian dollar steadies as investors shrug off NAFTA worries

Friday  07:35,   19 january 2018
Reuters

<p>The Canadian dollar steadied against its American counterpart on Thursday, after volatile trading the day before when the Bank of Canada raised interest rates, as investors shrugged off worries that the United States will pull out of[...]

Tim Hortons protests to expand beyond Ontario

Friday  07:05,   19 january 2018
MSN

TORONTO - Protesters angered by some Ontario Tim Hortons franchisees who slashed workers' benefits and breaks after the province raised its minimum wage plan to spread their rallies to other areas of the country. About 50 demonstrations are[...]

Canadian cities react to losing Amazon HQ2

Friday  06:21,   19 january 2018
MSN

Amazon waded through 238 bids that included promises of hefty tax breaks and canoeing to work to narrow down a short list of some 20 candidates, including just one Canadian city —[...]

Toronto sole Cdn. contender for Amazon HQ2

Friday  06:21,   19 january 2018
MSN

<p>Toronto is the only Canadian city on Amazon Inc.'s short list of 20 candidates for a second North American headquarters. More coming</p><p></p>The e-commerce giant received 238 applications for the opportunity and says narrowing[...]

Wealth manager: Most Americans don’t know about the most common secret way the rich build wealth

Friday  06:20,   19 january 2018
CNBC

Wealth management advisor Rebecca Walser explains an effective, wealth-building strategy.Permanent life insurance policies, which Walser discusses in detail in her book, "Wealth Unbroken: Growing Wealth Uninterrupted By Market Crashes, Taxes, And[...]

Bill Gates promised to pay off this country's $76 million debt — now he's doing it

Friday  04:25,   19 january 2018
CNBC

The repayments, which will be made over the course of 20 years, are due to begin this year. Nigeria had no new cases of polio last yearIn 2014, Nigeria borrowed the money from Japan to fund its fight against the preventable disease, Quartz reports. [...]

Amazon.com, Inc. Announces Finalists for HQ2: Should You Buy Ahead of Q4 Earnings?

Friday  01:05,   19 january 2018
Baystreet

Amazon.com, Inc. (NASDAQ:AMZN) stock had risen 0.66% at the top of the noon hour on January[...]

Why Loblaw Companies Ltd. Might Have a Horrible 2018

Thursday  23:36,   18 january 2018
The Motley Fool

Loblaw Companies Ltd. (TSX:L) has endured a price-fixing scandal, minimum wage hikes, and it is now facing a tax dispute as well. Is there any reason to buy the stock?However, Loblaw could be saddled with an even bigger expense, as it is in the[...]

More minimum wage help possible: Wynne

Thursday  23:21,   18 january 2018
MSN

BARRIE, Ont. - Ontario's Liberal government has put millions of dollars toward helping licensed child-care centres and developmental services cope with a minimum wage increase, and the premier said help for other such publicly funded sectors may [...]

6 Canadian Banks Accused Of Manipulating Interest Rate Benchmark For Profit

Thursday  23:06,   18 january 2018
Huffington Post Canada

A class-action lawsuit filed in a U.S. court alleges six Canadian banks and three others conspired to increase the profitability of their derivatives trading business by manipulating an interest rate benchmark for about seven years. The Fire &[...]

Retired TD Bank executive to head up LCBO

Thursday  18:40,   18 january 2018
MSN

TORONTO - A retired bank executive is set to become the next chairman of the Liquor Control Board of Ontario, a Crown corporation tasked with selling and distributing recreational marijuana once it's legalized this summer. Former TD Bank CEO Ed[...]

Is Kate Middleton Richer Than Meghan Markle?

Thursday  16:37,   18 january 2018
International Business Times

Kate Middleton is richer than Meghan Markle, and there are good reasons why.Kate Middleton and Meghan Markle are two of the most talked about women today because of their relationship to Prince William and Prince Harry,[...]

'Shark Tank' investor Kevin O'Leary: Here's how to get rich

Thursday  09:35,   18 january 2018
CNBC

"Shark Tank" investor Kevin O'Leary explains how anyone can improve their financial situation by saving more money and investing."When you're 21 years old, or 20 or 18 or 19 and you start putting aside 10 percent of what you make,[...]