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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Time to let the world know Canada is a financial giant + MORE Dec 11th
While the prominence of our financial sector continues to grow, it is noteworthy that it is also very often underestimated on the international stage
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Carlos Ghosn speaks after fleeing financial misconduct charges in Japan | LIVE - Jan 8th
Carlos Ghosn speaks after fleeing financial misconduct charges in Japan | LIVE WATCH LIVE: Fmr. Nissan CEO Carlos Ghosn holds a news conference after escape to Lebanon – 1/8/2020 CNBC TelevisionIran, Boeing 737, Carlos Ghosn: Your Wednesday Briefing The New York Ti.... More »
What to do when banks give questionable financial advice to seniors + MORE Feb 12th
Q: Do you have any advice for an 80-year old? I have $180k invested in GIC and mutual funds. I am having problems with the bank to produce a financial statement of actual costs. They will give trailing fees but say actual MER costs are unavailable.
So, I am looking to change my investments.
At my ag.... More »
Paying capital gains tax on a loss + MORE Apr 24th
Q: My question today relates to the new changes to capital gains on real estate. My wife and I owned a condo for a number of years. We paid $80,000 in 2006 and sold for $140,000 in March 2016. The problem is we rented the unit out after we bought our house in 2011. Looking at the new formula for .... More »
Using digital tools to automate your financial plan Jul 16th
Digital tools can help keep your financial plan on track.... More »
London: Is It Too Expensive For New Businesses?
– investitwisely.com
The allure of London is strong for anyone who’s grown up in the sticks, those places where a cover band in the local pub is about as close to cosmopolitanism as they’ll ever get. To a lot of people outside of major cities, London is a capital filled with bright lights, glittering careers in the media, and major cultural events that the rest of the UK can only dream of.But this is the veneer of London, the glistening sheen that hides the stark reality of high house prices, yawning disparities between the rich and poor, and the kind of living expenses that can generally only be afforded by oligarchs.
Down and out in London
In part thanks to the work of former London mayor Boris Johnson, living prices have become untenable for many poorer residents, forcing them onto the outskirts of the city, or even to other parts of the country.
Like Abu Dhabi or Dubai, London is becoming little more than a rich person’s toy set. The residents of low income housing estates have become the most prominent victims of the wealth gap, while the living wage (which is slightly higher than in the rest of the country) is barely enough to sustain people on the breadline…
