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
Swiss bank UBS says Toronto has 3rd biggest housing bubble in the world - CBC.ca + MORE Oct 1st
Swiss bank UBS says Toronto has 3rd biggest housing bubble in the world CBC.caToronto real estate poses bubble risk, while Vancouver overvalued - Business News Castanet.netToronto real estate poses bubble risk, UBS says Advisor.caToronto real estate poses bubble risk.... More »
A second wave of COVID-19 could pummel the markets — here’s how to protect your portfolio Aug 4th
Now that stock prices have rebounded close to where they were before the crash, it’s a good time to make sure your finances are resilient..... More »
Overcharged CIBC investment clients to get $73M in compensation + MORE Oct 28th
CIBC investment dealers will pay more than $73 million to compensate clients who were inadvertantly overcharged fees, Ontario's securities regulator says..... More »
Top 10 most expensive homes in Metro Vancouver (PHOTOS) - Daily Hive + MORE Jan 2nd
Top 10 most expensive homes in Metro Vancouver (PHOTOS) Daily HiveIt should be no surprise that Metro Vancouver's most valuable residential real estate is located in the Westside area of the city of Vancouver, but here is a ...View full coverage on Google News.... More »
4 Canadian energy firms blacklisted by world’s largest wealth fund over high emissions - Globalnews.ca May 13th
4 Canadian energy firms blacklisted by world’s largest wealth fund over high emissions Globalnews.caView Full coverage on Google News.... More »
Thousands of Indians declare $9.5 billion in ‘black money’
– canadianbusiness.com
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 of the “black money” by 64,275 people came in a four-month window that ended Friday, allowing them to pay a tax, surcharge and penalty totalling 45 per cent to avoid prosecution, Finance Minister Arun Jaitley said at a news conference.
Prime Minister Narendra Modi won elections in 2014 promising to curb corruption, the flow of black money abroad and lack of financial transparency.
The government has been facing opposition pressure to act since the April release of financial documents naming companies and individuals who may have dodged taxes by setting up shell companies and accounts through brokers based in Panama. The so-called “Panama Papers” include the names of about 500 Indians who have invested in offshore companies…
The declarations of the “black money” by 64,275 people came in a four-month window that ended Friday, allowing them to pay a tax, surcharge and penalty totalling 45 per cent to avoid prosecution, Finance Minister Arun Jaitley said at a news conference.
Prime Minister Narendra Modi won elections in 2014 promising to curb corruption, the flow of black money abroad and lack of financial transparency.
The government has been facing opposition pressure to act since the April release of financial documents naming companies and individuals who may have dodged taxes by setting up shell companies and accounts through brokers based in Panama. The so-called “Panama Papers” include the names of about 500 Indians who have invested in offshore companies…
