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 Pokémon Company is investigating 'Pokémon with guns' satire Palworld - Yahoo Canada Finance Jan 25th
The Pokémon Company is investigating 'Pokémon with guns' satire Palworld Yahoo Canada FinancePalworld Has Sold An Astonishing Number Of Copies In Five Days KotakuThe Pokémon Company Announces It Will ‘Investigate’ Palworld IP And Assets ForbesHow Palworld or ".... More »
What a mutual fund flop, part-time jobs and a box of Nerds taught Sandy Yong about managing her money May 19th
Sandy Yong loves learning, writing and talking about money. So much so, in fact, that she wrote a book about personal finance: The Money Master. She’s also penning a new column for MoneySense, called Making It, to help Gen Z get a better grip on their finances. Yong wants to people feel less anxio.... More »
Broadcom offers to buy Qualcomm for $103 billion, in what would be the biggest tech deal ever - Financial Post + MORE Nov 6th
Financial PostBroadcom offers to buy Qualcomm for $103 billion, in what would be the biggest tech deal everFinancial PostCommunications chipmaker Broadcom Ltd on Monday said it offered to buy smartphone chip supplier Qualcomm Inc for US$70 per share or US$103 billion in cash and stock, in what would.... More »
Generational shift brings competition to Canada’s banks Dec 21st
Canadians who watched the World Series this year might have caught a second high-stakes clash going on between plays. RBC, the country’s most valuable bank, ran ads that had actor Will Arnett touting trust and real people over fads, while scrappy EQ Bank and crypto giant Coinbase Inc. had spo.... More »
New documents link Huawei to suspected front companies in Iran, Syria Jan 8th
The U.S. case against the chief financial officer of China’s Huawei Technologies, who was arrested in Canada last month, centres on the company’s suspected ties to two obscure companies. One is a telecom equipment seller that operated in Tehran; the other is that firm’s owner, .... More »
At midday: Earnings results help propel TSX higher
– theglobeandmail.com
Wall Street little changed ahead of Fed meeting
Investing in your 40s
– moneysense.ca
(iStock)There may be no more volatile time in adulthood than your 20s and 30s. So much changes over those two decades, it can be hard to know what to expect next. Once 40 hits, though, it should be relatively smooth sailing, says Cynthia Kett, a CFP and principal at Stewart & Kett Financial Advisors Inc. It’s in this decade in which salaries tend to climb, monthly bills stabilize and mortgages shrink, if not disappear entirely.
However, there is one pitfall that this cohort risks almost across the board: overspending. According to a 2015 study by the Federal Reserve Bank of New York, most people reach peak earnings in their 40s. As exciting as that may be for people entering that decade, it’s also easy to spend those additional dollars on better vacations, newer cars, nicer restaurants and more. The phenomenon is often referred to as “lifestyle inflation.” Of course, you should treat yourself once and a while, but higher earnings means you can save more, too.
In fact, it’s in your 40s where savings should be ramped up, says Kett…
Canada-EU trade deal to bring modest economic gain: PBO
– macleans.ca
President of the European Commission, Jean-Claude Juncker (R), Canadian Prime Minister Justin Trudeau (C) and EU Council President Donald Tusk (L) during a press conference at the end of an EU-Canada summit where they signed the agreement on the Comprehensive Economic and Trade Agreement (CETA), a planned EU-Canada free trade agreement, in Brussels, Belgium, 30 October 2016. (Stephanie Lecocq/CP)OTTAWA – The federal budget watchdog says Canada’s free-trade pact with Europe will produce modest economic gains that work out to an average annual income boost of $220 per Canadian.
The parliamentary budget office estimates the trade deal would have lifted Canada’s overall economic output in 2015 by 0.4 per cent or $7.9 billion, if it had been implemented.
The report says Canadian exports of goods to the EU would have increased $4 billion, services would have been up $2.2 billion and investment would have grown by $3.1 billion.
However, the budget office predicts some Canadian sectors will likely see slower growth under the agreement – including some dairy and agricultural products, textiles and some machinery and manufactured goods…
The 'secret sauce' for investors, why Home Capital might be a buy, and the key to the loonie's next move
– theglobeandmail.com
A roundup of investment ideas for active investors
Apple Inc. will report its second-quarter earnings today, but much of the attention may be focused on what the tech behemoth has to say about the launch of its next iPhone product.
