The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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How to make sense of contradictory investment advice Jan 10th
Q. Several investment sources are giving advice that seems contradictory. On the one hand, it is often preached that the key to smart investing is having a long-term view. That is, buy and hold good-quality stocks for long periods of time (10-plus years). It is argued this kind of passive approach, .... More »
Altcoins vs. bitcoin: What to consider while building your crypto portfolio + MORE Sep 14th
Cryptocurrencies have skyrocketed in popularity over the last couple of years. While bitcoin remains the “king of the hill” of virtual coins, some other altcoins (smaller cryptos) are gaining traction and market value, driven by broader acceptance among retail and institutional investors.
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Paying yourself first Oct 28th
There is perhaps no single piece of financial advice more frequently repeated than “pay yourself first.” And with good reason. It’s tough to grow savings if you prioritize all your spending needs and wants ahead of putting money away. While some of us fully intend to stash whatever is left at .... More »
Why it seems like you can never get ahead (Hint: It’s not your streaming subscription) Mar 25th
“It’s the economy, stupid.” So said Clinton strategist James Carville in 1992 about the primary concern of American voters, but it could just as believably be about today’s Canadians. According to 2025 numbers by market research company Ipsos, 23% consider inflation and cost of living to be .... More »
Toronto’s hot housing market is making divorce even messier — here’s how splitting couples can cope Jun 20th
One financial adviser says she’s done financial planning for separating couples who can’t afford to move out to begin with, so both parties remain in the home. Others end up in tiny condos with no room for the kids.... More »
Experts say an increasing number of first-time homebuyers are contemplating buying real estate with platonic friends, not life partners, as sky-high prices in markets such as Toronto and Vancouver have eroded affordability.
Twitter has reported dismal user figures — 310 million, up from 305 million a year ago but down from 320 million in the fourth quarter — as earnings topped Wall Street expectations but revenues came up short.
OTTAWA – Corporate Canada increased spending in its ten favourite tax havens by 17 per cent in 2015, according to new figures on direct foreign investment released Tuesday by Statistics Canada.
Canadians for Tax Fairness crunched the numbers and found that Canadian corporations invested almost $40 billion last year in the top 10 tax haven destinations for Canadian capital — taking investment totals since 1990 to $270.2 billion.
Barbados has been the top destination, attracting $79.9 billion in total while seeing its numbers climb 14 per cent in 2015.
Four other countries in Canada’s top 10 — Cayman Islands, Bermuda, Switzerland and Hong Kong — all saw year-over-year increases of at least 34 per cent last year.
“The money doesn’t just stay there, it goes on to somewhere else,” Dennis Howlett, the CEO of the Tax Fairness advocacy group, said in an interview.
“But (corporations) route it through tax havens usually because there are tax advantages for doing so…
OSC has failed to prove Sino-Forest founder committed fraud: lawyer
– theglobeandmail.com
Allen Chan and four other senior executives are accused of misleading investors by overstating company’s revenues and assets
Alberta’s finance minister vows to reclaim AAA investment-grade rating
– theglobeandmail.com
Joe Ceci says he will reduce expenditures and ensure a diversified economy after the province suffered two credit downgrades this month
