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's housing market tightened in March despite falling prices Apr 7th
Toronto's real estate board says it's too hard to say if prices have 'bottomed out,' but sales ticked up in March while new listings fell by double digits..... More »
Mortgage broker vs. bank—which will save you more money? Jun 1st
Choosing a mortgage broker or a bank for your home loan will likely influence which mortgage you end up with. On top of that, there are pluses and minuses to both, as we detail in the table below. Before we dive into which may best suit your financial situation, let’s look at the differences betwe.... More »
How to Choose the Broker for Forex Trading + MORE Dec 5th
When you decide to start trading within the forex market, naturally, there are many important factors to consider. These are likely to include setting your trade budget, and figuring out exactly what markets you wish to trade in when you are getting started. The very first port of call however, shou.... More »
Trudeau plays up Canadian diversity and education in bid for Amazon headquarters + MORE Feb 9th
The prime minister signals he’s not prepared offer the e-commerce giant any financial incentives to sweeten the deal.
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Five smart money moves for new graduates May 12th
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Should you help your siblings with their financial woes?
– moneysense.ca
The post Should you help your siblings with their financial woes? appeared first on MoneySense.
After a rough 2016, a currency prognosticator at a major investment bank says he expects more pain for the Canadian dollar next year, predicting a low of around 65 cents US in the next 12 months.
Toronto Stock Exchange shows modest gain as U.S. indexes decline; loonie down
– canadianbusiness.com
TORONTO _ The Toronto Stock Exchange is outpacing the major U.S. markets this morning.
The S&P/TSX composite index was up 20.64 points at 15,326.53 after nearly two hours of trading.
In New York, the Dow Jones industrial average was down 34.12 points at 19,907.84 _ still near an all-time high.
The S&P 500 was down 5.85 points at 2,259.33 and the Nasdaq composite fell 21.11 points to 5,450.33.
The Canadian dollar was at 74.21 cents US, down 0.31 of a U.S. cent from Wednesday’s close.
The February crude contract rose 54 cents to US$53.03 per barrel and January natural gas was down one cent at US$3.53 per mmBTU.
The February gold contract was flat at US$1,133.20 an ounce and March copper contracts were unchanged at US$2.50 a pound.
The post Toronto Stock Exchange shows modest gain as U.S. indexes decline; loonie down appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index was up 20.64 points at 15,326.53 after nearly two hours of trading.
In New York, the Dow Jones industrial average was down 34.12 points at 19,907.84 _ still near an all-time high.
The S&P 500 was down 5.85 points at 2,259.33 and the Nasdaq composite fell 21.11 points to 5,450.33.
The Canadian dollar was at 74.21 cents US, down 0.31 of a U.S. cent from Wednesday’s close.
The February crude contract rose 54 cents to US$53.03 per barrel and January natural gas was down one cent at US$3.53 per mmBTU.
The February gold contract was flat at US$1,133.20 an ounce and March copper contracts were unchanged at US$2.50 a pound.
The post Toronto Stock Exchange shows modest gain as U.S. indexes decline; loonie down appeared first on Canadian Business – Your Source For Business News.
Lend first-time buyers cash to buy houses, Ontario realtor chief says
– theglobeandmail.com
Tim Hudak, chief executive officer of the Ontario Real Estate Association, says he likes B.C.’s price-match loan policy for first-time buyers
Christmas Weekend Reading – $90,000 job or house, ways to save, cutting fees and dividend kings
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.Welcome to my final Weekend Reading post before Christmas…
Like you I’m sure I’ve been very busy at work and at home, getting ready for the holidays. It will be nice to have a few days off. I hope the same for you.
Earlier this week I said these are great times to be an investor – and we have millennials to thank in part for that.
I also got a chance to interview top personal finance rabbit – Robert Brown.
Interview with Robert Brown – Head Rabbit – Wealthing Like Rabbits
Now for some of my favourite articles from the week that was…
This article asked if you’d rather have a $90,000 job or owned a home in Ontario. Guess which one paid more over the last 12 months?
Ben Carlson listed some rules of personal finance. This one was tops for me: “Get the big purchases right.” Think houses and cars. Forget the Latte Factor please.
Tom Drake listed some practical ways to save money.
Here are dividend kings for 2017…
