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 we know so far about Apple’s launch event and possible SE4 reveal - Euronews Feb 19th
What we know so far about Apple’s launch event and possible SE4 reveal EuronewsApple to launch new lower-cost iPhone as it looks to capture a broader market The Globe and MailiPhone SE 4: Why Today’s New Apple Product Isn’t iPhone SE After All ForbesTim Cook to.... More »
4 underused tax and financial benefits Canadians are overlooking + MORE Jul 29th
There are plenty of saving accounts, tax benefits, and federal and provincial programs available to Canadians. Here’s a round-up of four opportunities that you may be missing out on.
Canadian Dental Care Plan
The Canadian Dental Care Plan (CDCP) was first introduced for children, senio.... More »
What happens to my RRIF when I die? + MORE Mar 30th
Ask MoneySense
I have named my three adult children as the beneficiaries of my RRIF account. Will this account be rolled over to them on a tax-free basis?–Bob
Can you name a beneficiary on a RRIF?
Thanks for your question, Bob. A registered retirement income fund (RRIF) is one of several re.... More »
The 16 best credit cards in Canada for August 2023 + MORE Aug 15th
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The 16 best credit cards in Canada for August 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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TD hikes dividend on 15% profit rise, beating expectations + MORE Mar 1st
TD Bank's adjusted earnings came in ahead of analyst estimates Thursday, rising 15 per cent from the year-earlier period after excluding the impact of U.S. tax reform and other items..... More »
Correspondents Savannah Sellers and Gadi Schwartz, hosts of the new NBC News Snapchat show “Stay Tuned.” (NBC News)Television networks are directing hundreds of millions of investment dollars into ventures that play by the new rules of social media. The old approach—trying to engage online audiences solely with clips of traditional video content—just doesn’t work with a millennial audience, they’ve found.
NBCUniversal and Times Warner are just two examples of U.S. broadcasters making a big bet on original content for Snapchat. The app is best known for messages that disappear after being viewed, but is growing quickly as a video and story content platform.
Media companies have seen social media both as a partner to make their own content more shareable to a wider audience and, increasingly, as a threat to viewership and ad revenues. NBC News’s latest strategy, rather than trying to go talking-head-to-head with a social media “frenemy”, is to team up with Snapchat on a twice-daily video newscast called Stay Tuned…
Liberals set up fast track system for infrastructure bank approvals
– canadianbusiness.com
The federal infrastructure bank is many months away from opening its doors, but Liberals have given a group of civil servants the power to help fast-track approval of projects for private funding well in advance.
The officials are now on the verge of handing in their secret evaluations of the projects, along with any recommendations about how to use public funds to quickly pull in private dollars to pay for construction.
The government says the infrastructure bank advisory group has not sent any projects up the ladder for cabinet approval.
Rather, internal documents suggest the goal of the group is to avoid any delays in project approvals and show some early wins for the new bank, which has faced controversy and won’t be fully operational until the end of the year.
The Liberals hope that the bank can use $35 billion in public funds to pry three to four times as much in private investment to fund infrastructure projects around the country.
The Liberals asked the advisory group to review projects that could go to the new infrastructure bank, and provide options to cabinet for private funding “to ensure that no delays occur on near-term infrastructure projects,” the documents state…
The officials are now on the verge of handing in their secret evaluations of the projects, along with any recommendations about how to use public funds to quickly pull in private dollars to pay for construction.
The government says the infrastructure bank advisory group has not sent any projects up the ladder for cabinet approval.
Rather, internal documents suggest the goal of the group is to avoid any delays in project approvals and show some early wins for the new bank, which has faced controversy and won’t be fully operational until the end of the year.
The Liberals hope that the bank can use $35 billion in public funds to pry three to four times as much in private investment to fund infrastructure projects around the country.
The Liberals asked the advisory group to review projects that could go to the new infrastructure bank, and provide options to cabinet for private funding “to ensure that no delays occur on near-term infrastructure projects,” the documents state…
At midday: TSX gains on rising energy prices
– theglobeandmail.com
Wall Street continues record run, powered by strong quarterly earnings
Amazon CEO Jeff Bezos briefly became the world’s richest man Thursday in Forbes magazine’s tracking of wealth, as stock in his e-commerce company hit an all-time high.
