 |
News | Globeinvestor | Technology | Vehicles | Careers |
 |
|
News | Globeinvestor | Technology | Vehicles | Careers |
|
|
The Globe and Mail's Smart Money section is dedicated to giving you what you need to manage your personal finances successfully. Smart Money appears every Saturday in The Globe and Mail and on globeinvestor.com.
A weekly scorecard of some of the lowest and highest rates and yields across Canada.
***MORTGAGESThe lowest rates posted for one, three and five year closed mortgages.1-YEAR CLOSED PACE Savings and Credit Union3.5Ontario Civil Service CU3.55Metro Credit Union 3.69Ukraine Credit Union 3.69ING Direct 3.80Average rate4.633-YEAR CLOSED GMAC Residential Funding4.65ResMor Trust4.69ING Direct4.7Manulife Bank 4.7Steinbach Credit Union 4.70Average rate5.50
While it gives some a sense of security, timing is everything, JOHN HEINZL writes
Like a lot of homeowners, Bill Harang cringes when he opens his natural gas bill.''It just shocks me when I look at the bottom line,'' says the Bowmanville, Ont., resident, who has watched his heating costs soar since he bought his three-bedroom townhouse in the late eighties.
Gerry's a great neighbour. He's a procrastinator, but a great neighbour.He has three kids, ages 18, 14, and 12. His 18-year-old son, Jared, is attending university for the first time this fall. When I asked Gerry if he had saved for Jared's education, he simply told me that they had been meaning to get around to saving, but procrastinated.
Turducken carves out a niche market
To a vegetarian, turducken is probably a swear word. But if you're a fan of fowl and interested in forking out some extra cash for that perfect Thanksgiving meal, turducken may be just the meal for you.
A selection of this week's winners and losers
STARSIvanhoe Energy (IE--TSX)$3.56, up 92 centsThe oil and gas firm surged on a double-shot of bullish news: Its Dagang project in China posted record monthly sales and oil prices hit fresh highs. But while the weekly gain is impressive, the stock is up about 120 per cent since mid-summer -- and if oil prices keep climbing, expect Ivanhoe to move with them.
Forty grand will buy you a lot -- a decent car, four deluxe season's tickets at any NHL rink in the country, or, if you happen to get lucky next weekend at the annual Vintages wine auction, a chance to drink almost every Chateau Mouton Rothschild that's been bottled between 1945 and 2000.
