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.
Latest News
What a stock split means for your portfolio and tax situation + MORE Sep 8th
When a stock splits, investors end up with more shares of a company, at a lower stock price. An example might be a 2:1 split, where an investor with 10 shares worth $100 each ends up with 20 shares worth $50 each after the stock split.
Apple (Nasdaq: AAPL) and Tesla (TSLA) both had stock splits on.... More »
Renting out your home can bring cash—and complications May 20th
If you search “Airbnb how to get started” you’ll reach their splash page with a big number. As of May in Toronto, Airbnb says you can make more than $4,000 per month during the FIFA World Cup. It’s a powerful lure for someone who needs help with their rent or mortgage, and has a spare room t.... More »
Private equity, private debt and more alternative investments: Should you invest? Sep 10th
You may have heard friends or acquaintances talk about investing in private investments, or maybe your financial advisor has recommended them to you. There are valid reasons for all the talk around private investing of late, but also reasons for caution. Read on to learn more about the asset class a.... More »
Making sense of the markets this week: April 17 + MORE Apr 14th
Million Dollar Journey editor and Canadian Financial Summit founder Kyle Prevost shares financial headlines and offers context for Canadian investors.
If a TFSA and an RRSP had a child: The new FHSA
As part of the 2022 budget, the government unveiled its new tax-free first home savings account.... More »
Hit and run China's communists take control of tech - The Economist Jul 8th
Hit and run China's communists take control of tech The EconomistChina tries to quell investor fears about internet companies Yahoo Canada FinanceDidi extends slump as China weighs changes to US IPO rules BNNOwning Chinese Companies Is Complicated Bloomber.... More »
Family’s home sale uncertain after foreign buyer tax
– moneysense.ca
COQUITLAM, B.C. – Cardboard moving boxes are piled about the living room of an otherwise half-packed house nestled on a tree-lined residential street in a quiet Vancouver-area suburb — a scene frozen in time that the home’s owners blame on British Columbia’s controversial new tax on foreign buyers.The in-transition state of the home in Coquitlam has been the status quo ever since its owners learned the house’s sale, which they understood was a done deal, was thrown into question by the tax.
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}B.C.’s new tax will impact more than foreign nationals
The couple is at risk of losing an $80,000 deposit they made to purchase a smaller duplex further east in the city, and reneging on the real estate contract would also open them up to being sued.
“We feel like we’ve been let down,” Heather Nyberg told reporters Tuesday in the family’s small backyard as the couple’s two young children, aged one and three, played together in the grass…
What to Ask Before Getting a Lawsuit Settlement Loan?
– investitwisely.com
For those people who find themselves financially stressed in the middle of a costly lawsuit, a lawsuit settlement loan can be a great lifeline. They will be able to finance their lawsuit, and take care of their personal expenses. Since they are relieved of their financial problems, they will be able to wait, even for a long time, to get a fair settlement. However, a lawsuit settlement loan can be costly. It is important that you do your homework. Make sure you know the right questions to ask while opting for a settlement funding. The idea is to keep the potentially prohibitive costs to a minimum. It is also important to choose a regulated and reputable company as your settlement loan provider. Settlement Lenders are the experts in Canada and have helped tens of thousands of Canadians get better settlements over the past 35 years.Interest rates and fees
The main downside of the settlement funding industry is that lawsuits themselves can take a long time to play out and settle, so if you have a settlement loan, there is a long time for the loan to accrue interest…
Home improvement company Lowe’s has lowered its earnings outlook due to its acquisition of Canada’s Rona hardware store chain earlier this year.
Ontario to regulate home inspectors – Toronto Star
– news.google.ca
Toronto StarOntario to regulate home inspectorsToronto StarThe Ontario government will finally regulate the home-inspection industry through a licensing regime designed to protect buyers. Consumers rely on home inspectors to help them vet what is often the largest purchase and investment of their lives. In …Ontario to introduce regulations for home inspectionsThe Globe and MailOntario Looking To Regulate Home Inspectors In The FallCKNW News Talk 980Ontario looks to regulate home inspectorsBlackburnNews.comall 8 news articles »
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,697.60, down 5.84 points):
B2Gold Corp. (TSX:BTO). Miner. Up two cents, or 0.47 per cent, to $4.26 on 7.1-million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 16 cents, or 2.26 per cent, to $6.91 on 6.1-million shares.
Aureus Mining Inc. (TSX:AUE). Miner. Unchanged at 5.5 cents on 5.7-million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down seven cents, or 0.57 per cent, to $12.23 on 4.9-million shares.
Kinross Gold Corp. (TSX:K). Miner. Down 13 cents, or 1.98 per cent, to $6.45 on 4.7-million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Down 61 cents, or 2.23 per cent, to $26.78 on 4.6-million shares.
Companies reporting major news:
Performance Sports Group Ltd. (TSX:PSG). Travel and leisure. Down 40 cents, or 14.81 per cent, to $2.30 on 1.1-million shares. The maker of Bauer hockey equipment says it’s under investigation by the U.S. Securities and Exchange Commission and that Canadian authorities have also made inquiries about unspecified problems…
Toronto Stock Exchange (14,697.60, down 5.84 points):
B2Gold Corp. (TSX:BTO). Miner. Up two cents, or 0.47 per cent, to $4.26 on 7.1-million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 16 cents, or 2.26 per cent, to $6.91 on 6.1-million shares.
Aureus Mining Inc. (TSX:AUE). Miner. Unchanged at 5.5 cents on 5.7-million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down seven cents, or 0.57 per cent, to $12.23 on 4.9-million shares.
Kinross Gold Corp. (TSX:K). Miner. Down 13 cents, or 1.98 per cent, to $6.45 on 4.7-million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Down 61 cents, or 2.23 per cent, to $26.78 on 4.6-million shares.
Companies reporting major news:
Performance Sports Group Ltd. (TSX:PSG). Travel and leisure. Down 40 cents, or 14.81 per cent, to $2.30 on 1.1-million shares. The maker of Bauer hockey equipment says it’s under investigation by the U.S. Securities and Exchange Commission and that Canadian authorities have also made inquiries about unspecified problems…
