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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Toronto stock market moves up moderately, loonie steady during U.S. holiday + MORE Nov 24th
TORONTO – The Toronto Stock Exchange is showing a moderate gain this morning while major U.S. markets remain closed.
The S&P/TSX composite index was up 35.74 points at 15,116.65, just above a 52-week high set earlier this week.
In New York, markets are closed for the American Thanksgiving .... More »
Why budgets work (and don’t) May 17th
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Why budgets work (and don’t) Some financial experts will argue budgets don’t work because you can’t possibly predict the future. You can’t possibly set aside an accurate amount of money for various expenses that may or may not happen. You can’.... More »
Saudi Arabia taking Aramco public on Riyadh stock exchange - CBC.ca Nov 3rd
Saudi Arabia taking Aramco public on Riyadh stock exchange CBC.caSaudi Arabia formally begins IPO of giant oil firm Saudi Aramco Global NewsSaudi regulator approves Aramco share listing request Al Jazeera EnglishAramco float a crude effort at opening up the kingdom&n.... More »
The best high-interest savings accounts in Canada for 2024 May 2nd
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The best high-interest savings accounts in Canada for 2024
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New mortgage rules behind slide in B.C. home sales: real estate association + MORE Mar 15th
VANCOUVER _ The British Columbia Real Estate Association says tough mortgage qualification rules are a key reason for a provincewide drop in housing demand last month compared with February 2017.
The association says home sales fell 5.7 per cent in February, with about 6,200 properties changing hand.... More »
Marketplace investigated how Canadian homeowners can be at a disadvantage when it comes to the real estate market. Here’s why Australia’s consumer-friendly system could have some answers.
Greek businessman Andreas Vgenopoulos dies at 63
– canadianbusiness.com
ATHENS, Greece – Andreas Vgenopoulos, a Greek lawyer turned business tycoon, died Saturday of a heart attack, his Marfin Investment Group announced. He was 63.
Vgenopoulos was vilified as the man who precipitated Cyprus’ banking crisis in 2012, which led to an EU bailout and a one-time levy on all uninsured bank deposits over 100,000 euros. He was also accused of corrupt lending practices, first in Cyprus and then, last month, in Greece, a charge he strongly denied.
At the height of his success, Vgenopoulos acquired a string of businesses including Marfin Popular Bank, a passenger shipping firm, Greece’s largest food company, a private clinic and Greece’s ailing state airline, Olympic.
Recent years, however, had seen a reversal of fortune. While he held on to most of his acquisitions, their value shrank considerably.
Vgenopoulos was forced to sell Olympic to competitor Aegean Airlines. His bank, renamed Cyprus Popular Bank, was taken over by the Cypriot government, divided into “good” and “bad” parts…
Vgenopoulos was vilified as the man who precipitated Cyprus’ banking crisis in 2012, which led to an EU bailout and a one-time levy on all uninsured bank deposits over 100,000 euros. He was also accused of corrupt lending practices, first in Cyprus and then, last month, in Greece, a charge he strongly denied.
At the height of his success, Vgenopoulos acquired a string of businesses including Marfin Popular Bank, a passenger shipping firm, Greece’s largest food company, a private clinic and Greece’s ailing state airline, Olympic.
Recent years, however, had seen a reversal of fortune. While he held on to most of his acquisitions, their value shrank considerably.
Vgenopoulos was forced to sell Olympic to competitor Aegean Airlines. His bank, renamed Cyprus Popular Bank, was taken over by the Cypriot government, divided into “good” and “bad” parts…
