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
Why are Canadians still frustrated with the economy? Nov 5th
The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation’s economy is actually doing a lot better.
Inflation is now at 1.6%, below the Bank of Canada’s 2% target. Interest rates are falling rapidly and mor.... More »
TFSA vs RRSP: How to decide between the two Jun 28th
One of the most common questions out there is whether to invest in a registered retirement savings plan (RRSP) or a tax-free savings account (TFSA). Both will help you save, and save on taxes, but each works in different ways. Understanding these investments will help you know when to use one or the.... More »
How to invest in Canadian bank ETFs + MORE May 22nd
Though they’re well represented in Canadian stock indices, you can see why some investors would want even more exposure to Canadian banks. They have enviable dividend growth histories and ample current yields. They offer relatively stable earnings that are not vulnerable to global tariffs or suppl.... More »
Brexit turmoil worrying British business leaders - The Globe and Mail Nov 15th
The Globe and MailBrexit turmoil worrying British business leadersThe Globe and MailBusiness leaders expressed alarm on Thursday as a draft Brexit agreement seen as the only chance of preserving some stability in UK-EU trading relations threatened to unravel, sending stock prices and the pound plung.... More »
Major tax bill passes in U.S.: big consequences, big debates ahead for Canada + MORE Dec 20th
WASHINGTON _ The United States Congress has adopted a major tax bill that has sweeping implications for the American economy, politics, national debt, and its neighbour, Canada.
The bill that just passed its final vote in the House of Representatives provides the biggest U.S. tax cuts in decades and.... More »
Alberta First Nation to tap bond market for energy investment
– theglobeandmail.com
The tank farm investment – which should yield utility-like rates of return – is just one of several ventures Fort McKay First Nation (FMFN) is pursuing as it partners with energy companies to expand its business interests
What is Sustainable Investing and how can you learn more?
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
This post has been brought to you in partnership with Scotia iTRADE. All thoughts and opinions are my own and do not necessarily reflect the views of Scotia iTRADE.
We’ve heard it all before. Save early. Save often. Keep saving and put some of those savings into long term investments. Diversify your investments. Then stay invested, maybe by tuning out daily market noise and rhetoric. And maybe the most important part, mind your money management fees while you invest. Fees are forever.
It’s all true – good (financial) advice is not hard to find.
Navigating the investing landscape
While investment information is plentiful it’s also never been harder to sort through them to find the information and a strategy that’s right for you, for what you believe in.
This post has been brought to you in partnership with Scotia iTRADE. All thoughts and opinions are my own and do not necessarily reflect the views of Scotia iTRADE.
We’ve heard it all before. Save early. Save often. Keep saving and put some of those savings into long term investments. Diversify your investments. Then stay invested, maybe by tuning out daily market noise and rhetoric. And maybe the most important part, mind your money management fees while you invest. Fees are forever.
It’s all true – good (financial) advice is not hard to find.
Navigating the investing landscape
While investment information is plentiful it’s also never been harder to sort through them to find the information and a strategy that’s right for you, for what you believe in.
Invest in indexed products?
Invest in dividend paying stocks?
What about investing using traditional mutual funds? What about value investing as a strategy
I’ve heard momentum investing, smart-beta or factor investing is getting more traction?
I can appreciate it’s challenging at times to navigate the investing landscape…
It’s well worth kicking the tires of this auto-parts maker’s stock
– theglobeandmail.com
If you’ve been complaining that stocks are expensive following an eight-year bull market, behold a curious exception
Canada gets green light to join controversial China led infrastructure bank
– canadianbusiness.com
Canada has been approved to join a controversial new international infrastructure bank led by China.
The Asian Infrastructure Investment Bank says Canada is among 13 applicants approved for membership in the bank by its board of governors.
The bank says Canada will officially join once it fulfills its domestic requirements and deposits a first instalment of capital.
In the federal budget introduced Wednesday, the Trudeau government earmarked $256 million over five years to join the bank, saying legislation on Canada’s membership will be introduced this year.
Prime Minister Justin Trudeau announced plans to join the institution during his visit to China last summer.
The bank, which was established by China in 2015, aims to provide infrastructure capital across Asia for projects like transportation, power and telecommunication in places such as Pakistan, Bangladesh and Indonesia.
Canada would be the first North American member of the bank. Australia, the United Kingdom, France, Germany and South Korea were among the 57 founding members…
The Asian Infrastructure Investment Bank says Canada is among 13 applicants approved for membership in the bank by its board of governors.
The bank says Canada will officially join once it fulfills its domestic requirements and deposits a first instalment of capital.
In the federal budget introduced Wednesday, the Trudeau government earmarked $256 million over five years to join the bank, saying legislation on Canada’s membership will be introduced this year.
Prime Minister Justin Trudeau announced plans to join the institution during his visit to China last summer.
The bank, which was established by China in 2015, aims to provide infrastructure capital across Asia for projects like transportation, power and telecommunication in places such as Pakistan, Bangladesh and Indonesia.
Canada would be the first North American member of the bank. Australia, the United Kingdom, France, Germany and South Korea were among the 57 founding members…
Finance minister doesn’t rule out future changes to capital gains taxes
– canadianbusiness.com
Ottawa made no changes in the federal budget to the way capital gains are taxed, but Finance Minister Bill Morneau isn’t completely ruling out changes in the future.
When asked about possible changes to the way profits from selling off personal assets are taxed in the future, Morneau left the door open Thursday.
“We decided not to put that in our budget,” Morneau said when asked about the chances of future changes.
Rumours about a possible increase to capital gains taxes were widespread on Bay Street ahead of the budget on Wednesday.
Under the current rules, half of investors’ capital gains are included when calculating their income taxes. Speculation had suggested that rate could increase to as much as two-thirds or three-quarters.
Jack Mintz, a tax policy expert at the University of Calgary, said raising taxes on capital gains would hurt innovation.
“If we raised the capital gains tax rate that’s just going to encourage more people to look at the American market to start businesses or to develop things down there as opposed to here if that happens,” he said…
When asked about possible changes to the way profits from selling off personal assets are taxed in the future, Morneau left the door open Thursday.
“We decided not to put that in our budget,” Morneau said when asked about the chances of future changes.
Rumours about a possible increase to capital gains taxes were widespread on Bay Street ahead of the budget on Wednesday.
Under the current rules, half of investors’ capital gains are included when calculating their income taxes. Speculation had suggested that rate could increase to as much as two-thirds or three-quarters.
Jack Mintz, a tax policy expert at the University of Calgary, said raising taxes on capital gains would hurt innovation.
“If we raised the capital gains tax rate that’s just going to encourage more people to look at the American market to start businesses or to develop things down there as opposed to here if that happens,” he said…
