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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What to do if you overcontributed to your RRSP + MORE Feb 26th
Ask MoneySense
I overcontributed to my RRSP by accident, and I am looking for some advice on how to deal with it. I contributed $3,550 to my 2022 RRSP in October 2022. I then forgot I made this contribution and again in February 2023 I made a $3,550 contribution.
What options to I have to address.... More »
Softening market drives property values down in 2026, says BC Assessment - CityNews Vancouver Jan 4th
Softening market drives property values down in 2026, says BC Assessment CityNews VancouverB.C. assessments: Numbers reflect stable real estate market in Greater Victoria Times ColonistChip Wilson's $73.4M mansion once again tops the list of B.C.'s highest valued homes &nb.... More »
Trudeau arrives at Davos to pitch investment opportunities in Canada - CTV News + MORE Jan 22nd
CTV NewsTrudeau arrives at Davos to pitch investment opportunities in CanadaCTV NewsZURICH -- Justin Trudeau arrived in Switzerland on Monday to attend the World Economic Forum in Davos, Switzerland, where he will try to persuade the world's richest to invest in Canada and uphold women's a.... More »
No-fee index funds: Is there a catch? Oct 15th
U.S. investors can now buy index mutual funds with 0% fees. Is the deal too good to be true? [MoneySense].... More »
AI-fuelled scams on the rise as holiday shopping begins Nov 18th
As the holiday shopping season approaches, one expert says there are some scam trends emerging that consumers need to watch out for. Larry Zelvin, the head of the financial crimes unit at BMO Financial Group, said new technologies like artificial intelligence are making fraud harder to detect. “T.... More »
What management isn't saying: A potential blind spot for Canadian stock investors
– theglobeandmail.com
Businesses aren’t required to hire an auditor to determine whether they must disclose internal weaknesses – but maybe they should
Weekend Reading – Why bother with retirement, top picks, housing bubble and more #money stuff
– myownadvisor.ca
Save, invest, prosper with My Own Advisor.
Weekend Reading Welcome to another Weekend Reading edition. I hope you had a great week; a great Canada Day last weekend and to my friends state-side an enjoyable Independence Day this week. Here was my article this week in case you missed it: What should my financial plan cover? Enjoy these articles that caught my…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article Weekend Reading – Why bother with retirement, top picks, housing bubble and more #money stuff is exclusive to My Own Advisor. Make sure you check out My Own Advisor Dividends, Indexing and Deals pages to save hundreds or thousands of dollars every year. All Rights Reserved.
Weekend Reading Welcome to another Weekend Reading edition. I hope you had a great week; a great Canada Day last weekend and to my friends state-side an enjoyable Independence Day this week. Here was my article this week in case you missed it: What should my financial plan cover? Enjoy these articles that caught my…
We’re halfway there! Saving and investing our way to a million dollar portfolio. The article Weekend Reading – Why bother with retirement, top picks, housing bubble and more #money stuff is exclusive to My Own Advisor. Make sure you check out My Own Advisor Dividends, Indexing and Deals pages to save hundreds or thousands of dollars every year. All Rights Reserved.
Jamieson Wellness owner makes huge return in IPO
– theglobeandmail.com
Canadian-based vitamin maker raises $300-million, plans to use proceeds to pay down debt
Toronto stock market plunges as most sectors fall, loonie up after jobs report
– canadianbusiness.com
The main Toronto stock index took a dive this morning, dragged down by gold and energy companies.
The S&P/TSX composite index was down 129.27 points to 14,948.73, after 90 minutes of trading.
In New York, the Dow Jones industrial average gained 57.01 points to 21,377.05. The S&P 500 index climbed 7.85 points to 2,417.60 and the Nasdaq composite index rose 38.46 points to 6,127.92
Meanwhile, the Canadian dollar gained ground following a stronger-than-expected jobs report that boosted expectations that the Bank of Canada will raise its key interest rate next week. The loonie was trading at 77.58 cents US, up from an average price of 77.24 cents US on Thursday.
The August crude contract was down US$1.61 to US$43.91 per barrel and the August natural gas contract was up two cents to US$2.90 per mmBTU.
The August gold contract was down US$9.00 to US$1,213.20 an ounce and the September copper contract was down two cents at US$2.64 a pound.
The post Toronto stock market plunges as most sectors fall, loonie up after jobs report appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index was down 129.27 points to 14,948.73, after 90 minutes of trading.
In New York, the Dow Jones industrial average gained 57.01 points to 21,377.05. The S&P 500 index climbed 7.85 points to 2,417.60 and the Nasdaq composite index rose 38.46 points to 6,127.92
Meanwhile, the Canadian dollar gained ground following a stronger-than-expected jobs report that boosted expectations that the Bank of Canada will raise its key interest rate next week. The loonie was trading at 77.58 cents US, up from an average price of 77.24 cents US on Thursday.
The August crude contract was down US$1.61 to US$43.91 per barrel and the August natural gas contract was up two cents to US$2.90 per mmBTU.
The August gold contract was down US$9.00 to US$1,213.20 an ounce and the September copper contract was down two cents at US$2.64 a pound.
The post Toronto stock market plunges as most sectors fall, loonie up after jobs report appeared first on Canadian Business – Your Source For Business News.
Emissions Reduction Alberta awards $30 million for methane reduction projects
– canadianbusiness.com
Emissions Reduction Alberta has awarded $30 million to help fund 12 projects designed to tackle methane emissions in the province.
ERA says the projects, which include direct reductions in the energy, cattle and forestry sectors, as well as detection and monitoring efforts, should reduce methane emissions by more than 1.1 million tonnes by 2020 and more than 6.9 million tonnes by 2030.
The agency, funded by levies against heavy emitters of greenhouse gases, says the projects represent more than $83 million in total investment and will bring Alberta closer to its goal of reducing methane emissions by 45 per cent by 2025.
The province has set the reduction target because the climate change impact of methane is 25 times greater than carbon dioxide over 100 years.
The projects were chosen out of 118 submissions for the methane program, part of ERA’s overall role in funding climate change projects.
ERA has also announced the next funding competition round, which will provide $50 million for technologies that help oilsands meet the 2030 greenhouse gas emissions limit…
ERA says the projects, which include direct reductions in the energy, cattle and forestry sectors, as well as detection and monitoring efforts, should reduce methane emissions by more than 1.1 million tonnes by 2020 and more than 6.9 million tonnes by 2030.
The agency, funded by levies against heavy emitters of greenhouse gases, says the projects represent more than $83 million in total investment and will bring Alberta closer to its goal of reducing methane emissions by 45 per cent by 2025.
The province has set the reduction target because the climate change impact of methane is 25 times greater than carbon dioxide over 100 years.
The projects were chosen out of 118 submissions for the methane program, part of ERA’s overall role in funding climate change projects.
ERA has also announced the next funding competition round, which will provide $50 million for technologies that help oilsands meet the 2030 greenhouse gas emissions limit…
