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.
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The best Visa credit cards in Canada for August 2023 + MORE Aug 31st
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The best Visa credit cards in Canada for August 2023
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Can I still claim the principal residence exemption? + MORE Nov 6th
(Getty Images / Peter Dazeley)
Q: I have purchased a new home and have moved into it. I have finished part of the basement into a legal suite. I have not rented it out yet. My question is, if I rent the suite out will I be able to claim the primary residence tax exemption when I sell my home?
—Do.... More »
Canada's main stock index sustains largest loss in more than a month + MORE Sep 29th
Canada's main stock index sustained its largest loss in more than a month while the loonie regained lost ground after the Canadian economy grew slightly faster than economists had expected in July..... More »
Services sector to play increasingly important role in exports, Bank of Canada says - TheChronicleHerald.ca + MORE Nov 8th
Services sector to play increasingly important role in exports, Bank of Canada saysTheChronicleHerald.caHALIFAX — Canada's services sector is expected to play an increasingly important role in the growth of the country's exports, a deputy governor of the Bank of Canada says. "Canada.... More »
Canada’s best dividends 2023: How we chose the winners + MORE Mar 7th
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Top 100 Dividend Stocks
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Our evaluation encompassed all of the dividend-paying st.... More »
Sale or no sale, changes could come to Twitter users
– canadianbusiness.com
NEW YORK, N.Y. – Sale or no sale, Twitter users are bound to see changes as the beleaguered communications service tries to broaden its appeal to more people and advertisers.
A new owner could clean up Twitter and curb some of the nastiness that’s become synonymous with it. Or perhaps a new owner would just show more ads. Or let it languish while it mines the best of what Twitter now has into its existing products and services.
All of this is speculation, of course, and there might not even be a new owner. Twitter’s stock has plunged after rumoured bidders are, well, rumoured to be no longer interested. The company is scheduled to report its third-quarter earnings on Thursday, and analysts are expecting lukewarm results along with a dismissal of takeover rumours. Layoffs are also likely.
A new parent — whether that’s Google (huh?), Salesforce (who?) or Disney (hmm…) — could inject fresh life into a 10-year-old company that’s never turned a profit and remains confounding to many people…
A new owner could clean up Twitter and curb some of the nastiness that’s become synonymous with it. Or perhaps a new owner would just show more ads. Or let it languish while it mines the best of what Twitter now has into its existing products and services.
All of this is speculation, of course, and there might not even be a new owner. Twitter’s stock has plunged after rumoured bidders are, well, rumoured to be no longer interested. The company is scheduled to report its third-quarter earnings on Thursday, and analysts are expecting lukewarm results along with a dismissal of takeover rumours. Layoffs are also likely.
A new parent — whether that’s Google (huh?), Salesforce (who?) or Disney (hmm…) — could inject fresh life into a 10-year-old company that’s never turned a profit and remains confounding to many people…
Three charts that show just how fragile the mining stock rally really is
– theglobeandmail.com
One possible explanation for the recent strength in the mining sector is an apparent stabilization in the global economy
Barclays says core earnings fall 73 per cent in 3rd quarter
– canadianbusiness.com
LONDON – Barclays says earnings from its core operations fell 73 per cent in the third quarter as it took a 320 million-pound ($392 million) charge for bad debts in its U.S. and U.K. credit card businesses.
The bank, which has been shedding riskier assets and focusing on Britain, said Thursday net income from its core business dropped to 257 million pounds from 961 million pounds a year earlier.
Net income for Barclays Group, which includes noncore businesses the bank intends to dispose of, fell 1 per cent to 414 million pounds.
Chief Executive Jes Staley says Barclays is selling noncore assets, dealing with legacy issues and meeting capital requirements. He says the bank is creating a “simplified trans-Atlantic, consumer, corporate and investment bank with the capacity to deliver sustainable high-quality returns.”
The post Barclays says core earnings fall 73 per cent in 3rd quarter appeared first on Canadian Business – Your Source For Business News.
The bank, which has been shedding riskier assets and focusing on Britain, said Thursday net income from its core business dropped to 257 million pounds from 961 million pounds a year earlier.
Net income for Barclays Group, which includes noncore businesses the bank intends to dispose of, fell 1 per cent to 414 million pounds.
Chief Executive Jes Staley says Barclays is selling noncore assets, dealing with legacy issues and meeting capital requirements. He says the bank is creating a “simplified trans-Atlantic, consumer, corporate and investment bank with the capacity to deliver sustainable high-quality returns.”
The post Barclays says core earnings fall 73 per cent in 3rd quarter appeared first on Canadian Business – Your Source For Business News.
Thriving services sector masks broader economic recovery weakness
– theglobeandmail.com
Canada’s service sector has a long way to go before it can deliver the kind of wages, investment and exports that a healthy goods sector generates
Mixed results for trio of major Canadian gold producers
– theglobeandmail.com
Agnico Eagle Mines, Barrick and Goldcorp reported their third-quarter earnings on Wednesday
