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
Staff-less Convenience Stores Could Soon be the Norm Feb 10th
John Douang grew up helping his parents at their independent grocery store in Toronto. “Seeing how hard they had to work pushed me,” he says. “My parents worked 14-hour days seven days a week. When they wanted to take a vacation, they had to close the store because they couldn’t afford to hi.... More »
Retirement planning advice for people who don’t use an advisor + MORE Jun 19th
Given that the financial media has long spent an inordinate amount of space on the topic of retirement, it seems the time was right for a retirement club devoted to Canadians on or near the cusp of retirement.
A few months ago, the Retirement Club for Canadians was launched by occ.... More »
Xiaomi’s Mi 11 Ultra is getting an ultra-limited release in India - The Verge Jul 5th
Xiaomi’s Mi 11 Ultra is getting an ultra-limited release in India The VergeRedmi Note 10 Pro vs Xiaomi Mi 11 Lite: Specs Comparison gizmochinaA famous leaker shows what might have been with discarded Xiaomi Mi 11-series designs Notebookcheck.netXiaomi Mi MIX 4 with.... More »
“Imagine if we had enough money to cover our rent”: Gold medallist Greg Stewart on the financial realities of pro para sport + MORE Aug 26th
When you think of professional athletes, your mind might jump to headlines of multi-million-dollar contracts and endorsement deals. However, for every financially well-off mega-star there are many more athletes on the international stage who are chronically underfunded and just scraping by. For disa.... More »
Apple looks to tests boundaries with $1000 iPhone - CTV News Sep 11th
CTV NewsApple looks to tests boundaries with $1000 iPhoneCTV NewsSAN FRANCISCO - Apple is expected to sell its fanciest iPhone yet for $1,000, crossing into a new financial frontier that will test how much consumers are willing to pay for a device that's become an indispensable part of modern l.... More »
Foreign appetite for Canadian securities shows no signs of fading
– theglobeandmail.com
Foreigners snap up $15.75-billion worth of bonds, stocks and money market paper in October
Rio’s Olympic golf course: Who plays it? Who pays for it?
– canadianbusiness.com
Rio de Janeiro’s Olympic golf course took three years to build as the project was slowed down by environmental lawsuits, Brazilian bureaucracy and stop-and-start funding by a billionaire real estate developer.
Four months after golf’s surprising popularity at the Olympics, an even larger test remains: What to do with an acclaimed course in a country where few play the game, and in a city that can’t pay to maintain it.
“You know that it’s not going to be easy,” Paulo Pacheco, head of the Brazilian Golf Confederation, told The Associated Press. “It’s challenging. It’s not easy to do. It’s very hard. I think it’s the only opportunity we have to improve golf in Brazil.”
Everything feels unfinished around the course, except the course itself, which threatens to become a white elephant.
Billed as the first public championship-level course in the country, the layout is hidden behind several luxury apartment towers known as “Riserva Golf,” which won’t be completed until 2018…
Four months after golf’s surprising popularity at the Olympics, an even larger test remains: What to do with an acclaimed course in a country where few play the game, and in a city that can’t pay to maintain it.
“You know that it’s not going to be easy,” Paulo Pacheco, head of the Brazilian Golf Confederation, told The Associated Press. “It’s challenging. It’s not easy to do. It’s very hard. I think it’s the only opportunity we have to improve golf in Brazil.”
Everything feels unfinished around the course, except the course itself, which threatens to become a white elephant.
Billed as the first public championship-level course in the country, the layout is hidden behind several luxury apartment towers known as “Riserva Golf,” which won’t be completed until 2018…
Hotel search site Trivago rises in stock market debut
– canadianbusiness.com
NEW YORK _ Shares of Trivago, the hotel search company that created a buzz with a rumpled TV spokesman, are rising in their Wall Street debut.
Travellers use the German company’s websites and apps to search for hotels around the world. Trivago makes money when a user clicks on a hotel, goes to another site and books a room.
Its TV commercials have featured the same spokesman, Tim Williams, for years.
Trivago NV raised more than $287 million after it and its shareholders sold 26.1 million American depositary shares for $11 apiece.
The ADS are up 60 cents, or 5.5 per cent, to $11.63 Friday afternoon.
The post Hotel search site Trivago rises in stock market debut appeared first on Canadian Business – Your Source For Business News.
Travellers use the German company’s websites and apps to search for hotels around the world. Trivago makes money when a user clicks on a hotel, goes to another site and books a room.
Its TV commercials have featured the same spokesman, Tim Williams, for years.
Trivago NV raised more than $287 million after it and its shareholders sold 26.1 million American depositary shares for $11 apiece.
The ADS are up 60 cents, or 5.5 per cent, to $11.63 Friday afternoon.
The post Hotel search site Trivago rises in stock market debut appeared first on Canadian Business – Your Source For Business News.
Weekend Reading – Credit scores, homes cost, investment picks, best books and #moneystuff
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
Welcome to another Weekend Reading edition – and we rush towards the holiday season.
Earlier this week I wrote the following articles I encourage you to check out:
What’s part of your workplace insurance benefits?
These are some 2016 year-end tax tips
Learn all about credit scores here including how to get your free score and free report!
Thanks for reading and sharing My Own Advisor – 50,000 pageviews a month strong and growing. I hope you have a great weekend!
The term financial “adviser” vs. “advisor” can have great meaning.
How To Save Money posted my article about home ownership costing plenty of money.
All About The Dividends shared his dividend income update.
Roadmap2Retire recently asked me for a stock pick for 2017. You’ll have to read his site to find out what I told him. As for this year, it seems my pick for 2016 did very well – Bank of Nova Scotia has increased in price by 35% and paid a dividend every quarter…
Welcome to another Weekend Reading edition – and we rush towards the holiday season.
Earlier this week I wrote the following articles I encourage you to check out:
What’s part of your workplace insurance benefits?
These are some 2016 year-end tax tips
Learn all about credit scores here including how to get your free score and free report!
Thanks for reading and sharing My Own Advisor – 50,000 pageviews a month strong and growing. I hope you have a great weekend!
The term financial “adviser” vs. “advisor” can have great meaning.
How To Save Money posted my article about home ownership costing plenty of money.
All About The Dividends shared his dividend income update.
Roadmap2Retire recently asked me for a stock pick for 2017. You’ll have to read his site to find out what I told him. As for this year, it seems my pick for 2016 did very well – Bank of Nova Scotia has increased in price by 35% and paid a dividend every quarter…
3 alternatives if you want to own a home
– moneysense.ca
TORONTO —With the sluggish economy and tightened lending rules, being priced out of the real estate market is a reality for many, particularly those in Toronto and Vancouver.
But whether your finances are limited or you simply don’t want to overextend yourself, there are other options.
Move to an affordable market
For home buyers willing to commute or relocate, affordability may be within their grasp.
Take Toronto, for example, where recent statistics show the median family income is $75,270 and the average home costs $762,975. Using these figures, prospective homebuyers wouldn’t be able to qualify for a mortgage.
“The maximum purchase price this median family’s income could support is $620,935, and they’d need to put six per cent down,” says Rob McLister, founder of RateSpy.com.
But whether your finances are limited or you simply don’t want to overextend yourself, there are other options.
Move to an affordable market
For home buyers willing to commute or relocate, affordability may be within their grasp.
Take Toronto, for example, where recent statistics show the median family income is $75,270 and the average home costs $762,975. Using these figures, prospective homebuyers wouldn’t be able to qualify for a mortgage.
“The maximum purchase price this median family’s income could support is $620,935, and they’d need to put six per cent down,” says Rob McLister, founder of RateSpy.com.
First time buyers rethinking home ownership dreams »
But affordability starts to come into the picture about an hour west of the city in the Hamilton-Burlington area where the average home is $507,131…
