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
CEO Suzanne West vows to pursue greener path after oil firm splits with backers + MORE Nov 25th
CALGARY _ One of the few female CEOs in the Canadian oilpatch says she is looking forward to creating a “clean hydrocarbons” company after she parted ways with the American financial backers of her oil and gas producing firm.
Suzanne West said Friday her company, Imaginea Energy Corp., h.... More »
The best Visa credit cards in Canada for August 2023 + MORE Aug 31st
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How tax optimisation can maximise the returns on your investment property Dec 20th
This article has been writen by George Kachmazov, managing partner of Tranio.com
If you’re not careful, taxes can eat away at the bulk of the income you should be earning on your foreign investment properties.
This fact alone sends chills down the spines of property investors everywhere. A rece.... More »
British Airways’ computer meltdown a symptom of wealth divide in air travel + MORE Jun 3rd
After the airline’s recent IT problems, one thing’s for sure: The market is being defined by bifurcation
.... More »
Five money fears from childhood—and how to overcome them Dec 15th
Ask around your group of peers what their childhoods were like, and you’ll probably discover you all grew up incredibly differently. Some of us dined on Kraft Dinner nightly, while others enjoyed meals fit for the cover of Bon Appétit. Some families were frugal by choice or necessity, and others .... More »
Trump took $17 million in insurance for damage few remember
– canadianbusiness.com
PALM BEACH, Fla. – Donald Trump said he received a $17 million insurance payment in 2005 for hurricane damage to Mar-a-Lago, his private club in Palm Beach, but The Associated Press found little evidence of such large-scale damage.
Two years after a series of storms, the real estate tycoon said he didn’t know how much had been spent on repairs but acknowledged he pocketed some of the money. Trump transferred funds into his personal accounts, saying that under the terms of his policy, “you didn’t have to reinvest it.”
In a deposition in an unrelated civil lawsuit, Trump said he got the cash from a “very good insurance policy” and cited ongoing work to the historic home.
“Landscaping, roofing, walls, painting, leaks, artwork in the — you know, the great tapestries, tiles, Spanish tiles, the beach, the erosion,” he said of the storm damage. “It’s still not what it was.”
Trump’s description of extensive damage does not match those of Mar-a-Lago members and even Trump loyalists…
Two years after a series of storms, the real estate tycoon said he didn’t know how much had been spent on repairs but acknowledged he pocketed some of the money. Trump transferred funds into his personal accounts, saying that under the terms of his policy, “you didn’t have to reinvest it.”
In a deposition in an unrelated civil lawsuit, Trump said he got the cash from a “very good insurance policy” and cited ongoing work to the historic home.
“Landscaping, roofing, walls, painting, leaks, artwork in the — you know, the great tapestries, tiles, Spanish tiles, the beach, the erosion,” he said of the storm damage. “It’s still not what it was.”
Trump’s description of extensive damage does not match those of Mar-a-Lago members and even Trump loyalists…
Online brokerage TD Ameritrade is buying Scottrade in a $4 billion US cash-and-stock deal that would significantly expand its branch network at a time when many financial firms are expanding automated adviser programs.
Rockwell Collins to buy B/E Aerospace for $6.4 billion
– canadianbusiness.com
NEW YORK, N.Y. – The move by Rockwell Collins Inc. to buy B/E Aerospace Inc. will combine two of the biggest suppliers to airplane makers and airlines.
Rockwell announced Sunday that it will pay $6.4 billion to buy its rival, a 22.5 per cent premium over B/E’s closing stock price on Friday.
In afternoon trading Monday, shares of Rockwell fell almost 6 per cent while B/E shares jumped almost 16 per cent.
Rockwell said the deal will diversify its offerings to plane manufacturers and airlines. Rockwell sells avionics and electronics systems used in airline, business and military jets. B/E, based in Wellington, Florida, makes aircraft cabin interiors including seating, storage and lavatory systems.
Rockwell Collins, which is based in Cedar Rapids, Iowa, said that with B/E, it will nearly double the value of systems it sells for new single-aisle planes by Boeing and Airbus and triple its components in bigger two-aisle planes that are often used on international routes.
The stock and cash deal needs approval by shareholders of both companies and by regulators…
Rockwell announced Sunday that it will pay $6.4 billion to buy its rival, a 22.5 per cent premium over B/E’s closing stock price on Friday.
In afternoon trading Monday, shares of Rockwell fell almost 6 per cent while B/E shares jumped almost 16 per cent.
Rockwell said the deal will diversify its offerings to plane manufacturers and airlines. Rockwell sells avionics and electronics systems used in airline, business and military jets. B/E, based in Wellington, Florida, makes aircraft cabin interiors including seating, storage and lavatory systems.
Rockwell Collins, which is based in Cedar Rapids, Iowa, said that with B/E, it will nearly double the value of systems it sells for new single-aisle planes by Boeing and Airbus and triple its components in bigger two-aisle planes that are often used on international routes.
The stock and cash deal needs approval by shareholders of both companies and by regulators…
Top Links: The ‘dangers of dividend investing’
– theglobeandmail.com
A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading this morning on the Web
Canada's record household debt is threatening its financial stability, global bankers fear – Financial Post
– news.google.ca
Financial PostCanada's record household debt is threatening its financial stability, global bankers fearFinancial PostAP Photo/David Goldman,In September, Statistics Canada reported household liabilities rose to 100.5 per cent of GDP, exceeding the size of its economy for the first time. Twitter · Google+ · LinkedIn · Email · Typo? More. Comments · Tumblr · Pinterest …Bank of Canada seals deal with Ottawa to renew inflation target at 2%Toronto StarBank of Canada renews inflation target, adjusts how it gauges inflationReuters CanadaBank of Canada (BoC) Keeps Inflation Target at 2%MarketPulse (blog)CityNews -CP24 Toronto’s Breaking News -ForexLive -Seeking Alphaall 46 news articles »
