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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.

Always evolving BMO wins again


In his annual survey, ROB CARRICK assessed 12 brokers using revamped criteria, and handed InvestorLine first place once more

In a rising stock market like we're enjoying right now, all investors are geniuses and one on-line broker is pretty much as good as another for getting a trade done.

Big mortgage costs stretch couple thin


Sped-up payments leave them little financial flexibility

In Toronto, a couple we'll call Roger, 39, and Ellen, 42, are developing careers with industrial companies and raising their three children ages 6, 8 and 10. Roger and Ellen each earn $75,000 before taxes. Bonuses add another $12,000, pushing their annual family income to $162,000.

BEST BUYS


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 Union3.59So-Use Credit Union3.60Ukrainian Credit Union 3.65Ontario Civil Service Credit Un.3.95Comtech Credit Union 3.99Average rate4.66

Shifting oil market calls for revised investment strategy

In normal times, the week before Labour Day is slow in the investment world. Our firm logically scheduled a retreat in Niagara-on-the-Lake, Ont., where we gathered to discuss our long-run strategy, as well as the problems that emanate from too much recent success.

Stars & Dogs


A selection of the past week's winners and losers

STARSUTS Energy(UTS-TSX)$4.35, up 23cents Fourteen months ago, UTS paid $130-million for its partner's 78-per-cent stake in the Fort Hills oil sands project. This week, Teck shelled out $475-million for a 15-per-cent slice. UTS now has two partners paying for most of the initial costs, has pocketed $650-million and still owns 30 per cent. Sweet.

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