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Latest News
Recovering from GIC sticker shock Jan 15th
If you’re a retiree or near-retiree relying on GICs for your fixed-income investments, no doubt you’re facing GIC sticker shock as previously invested GICs are reaching maturity. If before you were getting 2% to 3% on 2-, 3-, 4- or 5-year GICs, you may be shocked to discover you’ll be lucky to.... More »
Canadians to see lower fees and simpler account transfers + MORE Nov 6th
Ottawa plans to make it easier for Canadians to move their banking and investment accounts in a bid to increase competition and reduce costs for consumers. The government said as part of Tuesday’s federal budget, it will move to eliminate investment and registered account transfer fees, which .... More »
Year-over-year housing sales in Greater Toronto Area down 22.2 per cent in May - CBC.ca + MORE Jun 4th
CBC.caYear-over-year housing sales in Greater Toronto Area down 22.2 per cent in MayCBC.caThe Toronto Real Estate Board (TREB) reports that May housing sales in the Greater Toronto Area were down 22.2 per compared to May of last year. TREB says that while the number of sales was down year-over-year .... More »
What to know about the know-your-client forms + MORE Nov 28th
Q: When an investment advisor takes on a new client and does not complete the know-your-client forms, is there disciplinary action? Which governing body is responsible?
— Don Henderson
A: Investment advisors are required to follow what are called the know-your-client (KYC) obligations, which ar.... More »
Are Canadian pension buybacks worth it? Jul 20th
Ask MoneySense
I am currently transferring my pension from a provincial to a federal government pension plan. I’m trying to determine if it is worth purchasing the balance of service and, if so, should I use my RRSP or TFSA funds. Here’s some relevant info:
Service Credited: 7 years, 140 days.... More »
Oil price, bank earnings help lift TSX, loonie – Toronto Star
– news.google.ca
Toronto StarOil price, bank earnings help lift TSX, loonieToronto StarThe Canadian dollar is regaining some ground. The October crude contract was up 69 cents at $48.10 (U.S.) per barrel, helping the loonie add 0.24 of a cent to 77.46 cents US. (MARK BLINCH / REUTERS File Photo). By Linda NguyenThe Canadian Press.CANADA STOCKS-Futures point to higher openingReutersCANADA STOCKS-TSX rises to 1-week high as bank earnings support financialsYahoo Financeall 25 news articles »
Making a real-money investment in Donald Trump is literally possible as poll numbers change and other investors use election markets as a prediction tool.
China takes forceful steps to tame unruly peer-to-peer lending sector
– theglobeandmail.com
New regulatory measures mark the latest attempt to reduce risks to the world’s second-largest economy by cleaning up the its rapidly growing but loosely regulated online financial sector
Financial PostRBC hikes dividend amid record Q3 profit as oil woes diminishbnn.caTORONTO – Royal Bank of Canada reported slightly higher-than-expected quarterly results on Wednesday after rising oil prices allowed it to set aside less money to cover energy companies' bad loans. Like other Canadian lenders, RBC had seen a rise in …Royal Bank of Canada hikes dividend as $2.7 billion profit beats expectationsFinancial PostRBC boosts dividend as profit climbs 17 per cent to $2.9-billionThe Globe and MailRBC Profit Beats Estimates as Wealth, Capital Markets SurgeBloombergWall Street Journal -Yahoo News -Nasdaq -Post Registrarall 15 news articles »
RBC boosts dividend as profit climbs 17 per cent to $2.9-billion
– theglobeandmail.com
Bank benefits from a strong performance from its wealth management and capital markets businesses
