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Moving to the U.S.? Don’t rush to convert your Canadian portfolio Jun 29th
For many Canadians relocating to the United States, one of the first financial questions that surfaces is whether they should convert their Canadian investments into U.S. dollars. The answer is usually no, and acting too quickly can cost you more than you might expect.
The instinct to “go A.... More »
The best high-interest savings accounts in Canada for 2026 + MORE Mar 9th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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September 2017 Dividend Income Update + MORE Oct 7th
Save, invest, prosper with My Own Advisor.
September 2017 Dividend Income Update Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss our approach to investing focusing on Canadian dividend paying stocks. We believe buying and holding a.... More »
Compare the best GIC rates in Canada 2023 Feb 15th
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The best GIC rates in Canada for 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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Controversial commissions: DIY investors fight back against trailer fees Sep 17th
A Toronto man has lost more than $60,000 to embedded trailer fees — for financial advice he says he never got and that his broker isn't legally allowed to provide. And two proposed class-action lawsuits on these commissions are aiming to recover "tens of millions of dollars.".... More »
U.S. central bankers eye public spending to plug $1-trillion investment gap
– theglobeandmail.com
The Fed’s annual conference in Jackson Hole, Wyo., is due to focus on how to improve central banks’ ‘toolkit’
CHC Student Housing prepares to grow rapidly with support from Dundee group
– canadianbusiness.com
TORONTO – CHC Student Housing Corp. (TSXV:CHC) is joining forces with the Dundee financial group to create a bigger public company that would manage up to 4,700 residential beds in 13 markets from Fredericton to Windsor, Ont.
CHC is exected to be renamed Canadian Student Living Group, led by CHC chief executive Mark Hansen and his management team.
CHC and Dundee see student housing as an attractive asset class that’s underdeveloped in Canada.
They say only three per cent of post-secondary students in Canada live in purpose-built housing — compared with 12 per cent in the United States and 23 per cent in the United Kingdom.
CHC will be combined with Dundee Acquisition Ltd. (TSX:DAQ.A) — a publicly traded affiliate of Dundee Corp. (TSX:DC.A) — which will provide financial resources and business connections.
Dundee Acquisition has concurrently reached agreements with other parties to acquire additional housing properties and create a portfolio with total value of up to $420 million — including eight properties currently owned or managed by CHC…
CHC is exected to be renamed Canadian Student Living Group, led by CHC chief executive Mark Hansen and his management team.
CHC and Dundee see student housing as an attractive asset class that’s underdeveloped in Canada.
They say only three per cent of post-secondary students in Canada live in purpose-built housing — compared with 12 per cent in the United States and 23 per cent in the United Kingdom.
CHC will be combined with Dundee Acquisition Ltd. (TSX:DAQ.A) — a publicly traded affiliate of Dundee Corp. (TSX:DC.A) — which will provide financial resources and business connections.
Dundee Acquisition has concurrently reached agreements with other parties to acquire additional housing properties and create a portfolio with total value of up to $420 million — including eight properties currently owned or managed by CHC…
Orders for US durable goods rebounded in July
– canadianbusiness.com
WASHINGTON – Orders to U.S. factories for big-ticket manufactured goods surged in July, lifted in part by the biggest increase in orders in a key investment category since January.
Orders for durable goods jumped 4.4 per cent in July, rebounding from a 4.2 per cent plunge in June, the Commerce Department reported Thursday. The changes in both months were driven by swings in the volatile category of commercial aircraft.
An important category that serves as a proxy for business investment rose 1.6 per cent in July, up from a 0.5 per cent rise in June. It was the best showing in this category in six months.
American manufacturers have struggled this year with a strong dollar, which has hurt exports and a drop in investment spending in the energy sector, reflecting falling oil prices.
The July increase in the investment category could be a sign that business investment is starting to rebound following the big cutbacks earlier this year. The upswing in June and July followed decreases in both March and April…
Orders for durable goods jumped 4.4 per cent in July, rebounding from a 4.2 per cent plunge in June, the Commerce Department reported Thursday. The changes in both months were driven by swings in the volatile category of commercial aircraft.
An important category that serves as a proxy for business investment rose 1.6 per cent in July, up from a 0.5 per cent rise in June. It was the best showing in this category in six months.
American manufacturers have struggled this year with a strong dollar, which has hurt exports and a drop in investment spending in the energy sector, reflecting falling oil prices.
The July increase in the investment category could be a sign that business investment is starting to rebound following the big cutbacks earlier this year. The upswing in June and July followed decreases in both March and April…
CIBC profit surges 47 per cent to $1.44-billion
– theglobeandmail.com
Rise in third-quarter earnings helped by growth in its retail and business banking and capital markets units.
TD profit tops forecasts on U.S. retail, wholesale banking growth
– theglobeandmail.com
Canada’s second-biggest lender posted earnings per share excluding items of $1.27 in the latest quarter; analysts had been expecting earnings of $1.21 a share
