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JBS beats estimates, refinances bank debt

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meatpacking company, beat analysts’ estimates for the first quarter and closed a deal to refinance the bulk of its bank debt on Monday. JBS’ net income for the first quarter, 506 million reais (C$179.45 million), was 48 per cent above analysts’ estimates, with higher […] Read more

Low interest rates: opportunity and peril

Low interest rates: opportunity and peril

Low interest rates are tempting, but in the long run, debt always comes with a risk

Almost every Canadian farm family has four financial goals: buy a home, pay off farm and home debt, educate the kids and build up retirement savings. Satisfying all is a problem of balancing each. Very low interest rates for the last five years have made it easier to pay off debts and buy a home, […] Read more


Life insurance alternatives

Life insurance alternatives

Banks push mortgage life insurance, but there are cheaper, more flexible alternatives

If you’re getting a mortgage for the first time or refinancing an existing mortgage at a different institution, chances are the person across the desk is going to try to peddle mortgage life insurance. Data show that about 60 per cent of Canadians with a mortgage written by a bank also have mortgage life. It’s […] Read more