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
How do mortgage brokers get paid? Feb 17th
Q. Is it typical to pay a mortgage broker fee in advance, and before closing?
My broker is saying that I have to pay cash one week before closing, and that he will pay other persons who are involved. I am confused as to why brokers payment in advance and in cash.
–Adil
A. A mortgage broker can obt.... More »
Benefits, fees, hidden perks: Choosing the right credit card for your lifestyle Mar 5th
Critical to building a credit history, credit cards are a rite of passage into financial adulthood.
Even if you’re debt-phobic or have heard too many horror stories of people maxing out their cards, you can’t skip this step.
Cindy Marques, certified financial planner and director at Open A.... More »
They lack tech glamour. They’ve lagged the market. But blue-chip dividend stocks but can be smart buys + MORE Aug 31st
Columnist David Aston points out the opportunities that can, if you’re smart, eschew the risk from the most volatile sectors..... More »
Thousands of Indians declare $9.5 billion in ‘black money’ Oct 1st
NEW DELHI – Tens of thousands of Indians have declared a total of $9.5 billion in money that was either illegally obtained or not declared for tax purposes as part of a one-time opportunity to come clean under a government scheme, India’s finance minister said Saturday.
The declarations .... More »
How to move out of your parents’ house and not go completely broke + MORE Apr 16th
For a smooth transition, writes Lesley-Anne Scorgie, set up separate banking accounts, make a budget and pay yourself first with a small investment account..... More »
Weekly Summary Corporate dividends, name changes, new listings
– canadianbusiness.com
NEW YORK, N.Y. – Changes announced in corporate dividends Aug. 29-Sept. 2.
INCREASED DIVIDENDS
BancFirst .38 from .36
CSG Systems International .1850 from .175
Campbell Soup Co .35 from .312
Harris Corp .53 from .50
Harley Davidson .35 from .31
Kewaunee Scientific .15 from .13
Kimball Intl Cl B .06 from .055
Lamar Advertising Co .76 from .75
Packaging Corp .63 from .55
Saga Communications .30 from .25
Verizon Communications .5775 from .565
g- Canadian funds
EXTRA OR SPECIAL DIVIDENDS
Gyrodyne LLC 1.50
Stock Splits This Week
Church & Dwight 2 for 1 split
ACQUISITIONS AND MERGERS
MINIMUM VALUE $100 MILLION
Axiall Corp – Westlake Chemical Corp (3.8B)
Dreamworks Animation SKG Inc – Comcast Corp (3.8B)
Nortek Inc – Melrose Industries (2.8B)
Relysa Inc – Galenica AG (1.5B)
Sagent Pharmaceuticals Inc – Nichi-Iko Pharmaceutical Co (736M)
NEW STOCK LISTINGS
NYSE
Nextera Energy pfd R
Western Asset Global Partners Income Fund
Western Asset Managed High Income Fund
NASDAQ GLOBAL AND GLOBAL SELECT MARKETS
Gladstone Commercial Corp 7…
INCREASED DIVIDENDS
BancFirst .38 from .36
CSG Systems International .1850 from .175
Campbell Soup Co .35 from .312
Harris Corp .53 from .50
Harley Davidson .35 from .31
Kewaunee Scientific .15 from .13
Kimball Intl Cl B .06 from .055
Lamar Advertising Co .76 from .75
Packaging Corp .63 from .55
Saga Communications .30 from .25
Verizon Communications .5775 from .565
g- Canadian funds
EXTRA OR SPECIAL DIVIDENDS
Gyrodyne LLC 1.50
Stock Splits This Week
Church & Dwight 2 for 1 split
ACQUISITIONS AND MERGERS
MINIMUM VALUE $100 MILLION
Axiall Corp – Westlake Chemical Corp (3.8B)
Dreamworks Animation SKG Inc – Comcast Corp (3.8B)
Nortek Inc – Melrose Industries (2.8B)
Relysa Inc – Galenica AG (1.5B)
Sagent Pharmaceuticals Inc – Nichi-Iko Pharmaceutical Co (736M)
NEW STOCK LISTINGS
NYSE
Nextera Energy pfd R
Western Asset Global Partners Income Fund
Western Asset Managed High Income Fund
NASDAQ GLOBAL AND GLOBAL SELECT MARKETS
Gladstone Commercial Corp 7…
Vancouver home sales hit four-year low in wake of foreign-buyers tax – The Globe and Mail
– news.google.ca
The Globe and MailVancouver home sales hit four-year low in wake of foreign-buyers taxThe Globe and MailHome sales in the Vancouver region hit their lowest August levels in four years as the real estate market grappled with the shock around the B.C. government's new tax on foreign buyers. There were 2,489 detached houses, condos and townhomes that sold …Vancouver home sales down 26 percent after foreign ownership taxReuters CanadaVancouver searches plunge on Chinese real estate siteVancouver Courierall 63 news articles »
Is the university experience worth the cost?
– theglobeandmail.com
Many people want to measure the rising costs of tuition, meals, books and transportation against the financial benefits a higher education provides over a lifetime, Richard Blackwell writes
Desmarais firm mulls role in Performance Sports Group refinancing
– theglobeandmail.com
The U.S. investment firm terminated its shareholder nomination agreement, but said it will consider playing a role in the refinancing of the company’s debt
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,795.70, up 111.79 points):
B2Gold Corp. (TSX:BTO). Miner. Up 17 cents, or 4.89 per cent, to $3.65 on 8.1-million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up 37 cents, or 6.64 per cent, to $5.94 on 7.7-million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 28 cents, or 5.13 per cent, to $5.74 on 5.7-million shares.
Bankers Petroleum Ltd. (TSX:BNK). Oil and gas. Up one cent, or 0.52 per cent, to $1.95 on 5.2-million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 14 cents, or 3.28 per cent, to $4.41 on 4.9-million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 39 cents, or 3.17 per cent, to $12.71 on 4.9-million shares.
Companies reporting major news:
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down one cent, or 0.47 per cent, to $2.12 on 3.8-million shares. Bombardier has received the final instalment of Quebec’s US$1-billion investment in the company’s CSeries commercial jet program…
Toronto Stock Exchange (14,795.70, up 111.79 points):
B2Gold Corp. (TSX:BTO). Miner. Up 17 cents, or 4.89 per cent, to $3.65 on 8.1-million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up 37 cents, or 6.64 per cent, to $5.94 on 7.7-million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 28 cents, or 5.13 per cent, to $5.74 on 5.7-million shares.
Bankers Petroleum Ltd. (TSX:BNK). Oil and gas. Up one cent, or 0.52 per cent, to $1.95 on 5.2-million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 14 cents, or 3.28 per cent, to $4.41 on 4.9-million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 39 cents, or 3.17 per cent, to $12.71 on 4.9-million shares.
Companies reporting major news:
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down one cent, or 0.47 per cent, to $2.12 on 3.8-million shares. Bombardier has received the final instalment of Quebec’s US$1-billion investment in the company’s CSeries commercial jet program…
