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
New active U.S. ETFs for Canadian investors—are these funds worth your money? May 1st
Despite U.S. President Donald Trump’s trade wars and tariffs on key partners, including Canada, the U.S. asset management industry continues to view Canadian investors as an attractive market for actively managed exchange-traded funds (ETFs).
In October 2024, Capital Group, best known for manag.... More »
Former PC Financial customers say frozen Simplii bank accounts causing 'undue hardship' Mar 31st
Some customers of Simplii Financial, the rebrand of the former PC Financial, say they were caught off guard after their bank accounts were suddenly frozen in recent weeks. The company is trying to transition customers to new debit cards before April 10..... More »
Making sense of the markets this week: July 28, 2024 Jul 26th
Michael McCullough is a contributing editor to MoneySense and a financial writer and editor in Duncan, B.C.
Biden’s withdrawal soothes bond market, deflates “Trump trade”
Compared to the way U.S. President Joe Biden’s decision not to run for a second term shook the political world, the.... More »
What is financial freedom in Canada? + MORE Oct 23rd
Canadians aren’t short on advice for achieving financial freedom. A quick online search for “how to become financially free” will give you results that can be either informative or confusing. To be fair, some of it is correct, some is misleading, and some is downright wrong. Sources range from.... More »
Old-school financial advice that no longer applies Feb 12th
Buying a starter home, living on one income and staying in the same job for 40 years—life was very different for older generations and many young people have realized what worked for their parents doesn’t necessarily work in today’s modern world.
As younger Canadians continue to fac.... More »
Children bring extra costs that must be considered when scouring the red-hot real estate market.Investors join call for North Carolina to repeal LGBT law
– canadianbusiness.com
RALEIGH, N.C. – Some 60 investors representing $2.1 trillion in managed assets joined the NCAA, entertainers and more than 200 businesses in calling for North Carolina to repeal its law limiting LGBT protections against discrimination.
“While the U.S. economy continues to grow, quite frankly North Carolina appears to be headed for what I would call a state-government-inflicted recession,” said Matt Patsky, chief executive officer of Trillium Asset Management. Trillium has more than $2 billion in assets under management.
Patsky spoke Monday at a news conference alongside some of the investors who signed a statement calling for repeal of the law known as HB2. Trillium was one of the organizers of the statement, along with environmental research group Croatan Institute and the New York City comptroller, Scott Stringer. Stringer was unable to attend because of a New York ban on travel to North Carolina, Patsky said.
“As long-term investors, we can’t sit idly by as HB2 undermines fundamental human rights at our expense,” Stringer said in the statement…
“While the U.S. economy continues to grow, quite frankly North Carolina appears to be headed for what I would call a state-government-inflicted recession,” said Matt Patsky, chief executive officer of Trillium Asset Management. Trillium has more than $2 billion in assets under management.
Patsky spoke Monday at a news conference alongside some of the investors who signed a statement calling for repeal of the law known as HB2. Trillium was one of the organizers of the statement, along with environmental research group Croatan Institute and the New York City comptroller, Scott Stringer. Stringer was unable to attend because of a New York ban on travel to North Carolina, Patsky said.
“As long-term investors, we can’t sit idly by as HB2 undermines fundamental human rights at our expense,” Stringer said in the statement…
Five TSX stocks with a rising profit outlook despite slow-growth economy
– theglobeandmail.com
There are five stocks that are defying the trend of slowing economic growth where analysts are raising profit forecasts
John Duchow and Marla Clarke say they dreamed of buying a home in Vancouver. But when prices kept outpacing their savings, the pair became “real estate refugees,” forced out by an ever-climbing market.
How the Dow Jones industrial average fared on Monday
– canadianbusiness.com
NEW YORK, N.Y. – U.S. stocks slumped Monday, and banks took the biggest losses. Deutsche Bank hit an all-time low as investors worried about the financial health of Germany’s largest bank. Pfizer pulled drugmakers down after it announced it won’t break up into two companies.
On Monday:
The Dow Jones industrial average sank 166.62 points, or 0.9 per cent, to 18,094.83.
The Standard & Poor’s 500 index slid 18.59 points, or 0.9 per cent, to 2,146.10.
The Nasdaq composite gave up 48.26 points, or 0.9 per cent, to 5,257.49.
For the year:
The Dow is up 669.80 points, or 3.8 per cent.
The S&P 500 is up 102.16 points, or 5 per cent.
The Nasdaq is up 250.08 points, or 5 per cent.
_____
This story has been corrected to show that the Nasdaq declined 0.9 per cent Monday, not 0.8 per cent.
The post How the Dow Jones industrial average fared on Monday appeared first on Canadian Business – Your Source For Business News.
On Monday:
The Dow Jones industrial average sank 166.62 points, or 0.9 per cent, to 18,094.83.
The Standard & Poor’s 500 index slid 18.59 points, or 0.9 per cent, to 2,146.10.
The Nasdaq composite gave up 48.26 points, or 0.9 per cent, to 5,257.49.
For the year:
The Dow is up 669.80 points, or 3.8 per cent.
The S&P 500 is up 102.16 points, or 5 per cent.
The Nasdaq is up 250.08 points, or 5 per cent.
_____
This story has been corrected to show that the Nasdaq declined 0.9 per cent Monday, not 0.8 per cent.
The post How the Dow Jones industrial average fared on Monday appeared first on Canadian Business – Your Source For Business News.
