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
$611 million in Sears Canada dividend payments under review by court monitor + MORE Jan 17th
TORONTO _ Hundreds of millions of dollars of dividends doled out to Sears Canada shareholders are coming under scrutiny by the former retailer’s court-appointed monitor, according to a new report in the company’s insolvency proceedings.
The report also highlights the tens of millions of .... More »
5 Financial Milestones Everyone Should Hit in their 20s Feb 28th
Less than two years ago, it was reported by the BBC that 53% of young people in the UK between the ages of 22 and 29 were living with no savings put aside. This problem has also been reported in other countries and appears to be a new financial global trend amongst younger generations.
This is a wor.... More »
2017 Financial Goals – August Update + MORE Aug 22nd
Save, invest, prosper with My Own Advisor.
2017 Financial Goals – August Update For the last few years, I’ve posted some financial goals on this site…so we have a hope of realizing them. I figure you can’t manage what you don’t measure. Then again, goals can change over time. Sometim.... More »
European shares fall as investors take stock of spreading virus - Reuters + MORE Mar 27th
European shares fall as investors take stock of spreading virus ReutersView Full coverage on Google News.... More »
Scotiabank kicks off earnings season with modest 1.6% profit growth - Financial Post Nov 26th
Scotiabank kicks off earnings season with modest 1.6% profit growth Financial PostScotiabank's wealth management drive pays off with earnings lift BNNBloomberg.caScotiabank reports $2.31B fourth-quarter profit, up from $2.27B a year ago Yahoo Canada FinanceScotiabank.... More »
Wal-Mart says it has gained market share in Canada
– canadianbusiness.com
Wal-Mart Stores Inc. says its Canadian stores gained market share against rivals during its fiscal second quarter.
“We further improved our price position against competitors, which contributed to market share gains in key traffic driving categories such as food and consumables,” Wal-Mart chief financial officer Brett Biggs said in remarks prepared for analysts during a conference call to discuss its most recent results Thursday.
“Inventory was also a focus, as the team reduced overall levels, even as sales increased.”
In Canada, Walmart’s biggest competitors in the food segment are the major domestic grocery chains owned by Loblaw (TSX:L), Empire (TSX:EMP.A) and Metro (TSX:MRU) and the Canadian arm of Costco.
Walmart Canada’s comparable-store sales rose 2.5 per cent, trailing only the Mexican arm’s 7.2 per cent growth and ahead of the United States (1.8 per cent), United Kingdom (1.8 per cent) and China (0.6 per cent).
Overall revenue for the three months ended July 31 climbed to $123…
“We further improved our price position against competitors, which contributed to market share gains in key traffic driving categories such as food and consumables,” Wal-Mart chief financial officer Brett Biggs said in remarks prepared for analysts during a conference call to discuss its most recent results Thursday.
“Inventory was also a focus, as the team reduced overall levels, even as sales increased.”
In Canada, Walmart’s biggest competitors in the food segment are the major domestic grocery chains owned by Loblaw (TSX:L), Empire (TSX:EMP.A) and Metro (TSX:MRU) and the Canadian arm of Costco.
Walmart Canada’s comparable-store sales rose 2.5 per cent, trailing only the Mexican arm’s 7.2 per cent growth and ahead of the United States (1.8 per cent), United Kingdom (1.8 per cent) and China (0.6 per cent).
Overall revenue for the three months ended July 31 climbed to $123…
Four warning signs that Teck's spectacular gains are over
– theglobeandmail.com
The miner is a frustrating long-term investment, and there are signs suggesting the stock's spectacular gains of the past 18 months might give way to something far more mediocre
Panama Papers expose cash trail amid Red Bull fugitive hunt
– canadianbusiness.com
The Bangkok billionaire family that co-founded Red Bull, the world’s leading energy drink, uses offshore companies to cloak purchases of jets and luxury properties, including the posh London home where the clan’s fugitive son was last seen.
The Yoovidhya family’s efforts to hide assets show how easily major global financial players can routinely _ and, usually, legally _ move billions of dollars with little or no oversight.
The family’s confidential deals were inadvertently exposed by the jet-setting son Vorayuth “Boss” Yoovidhya, who attracted cries of impunity after repeatedly failing to show up in court for allegedly racing away in his Ferrari after slamming into a motorcycle cop in a deadly hit-and-run in Bangkok. More than 120 Instagram and Facebook postings by friends and family led The Associated Press earlier this year to the Yoovidhyas’ London vacation home, where Vorayuth refused to comment.
Thai authorities revoked his passport and issued an arrest warrant, but say they don’t know where he is…
The Yoovidhya family’s efforts to hide assets show how easily major global financial players can routinely _ and, usually, legally _ move billions of dollars with little or no oversight.
The family’s confidential deals were inadvertently exposed by the jet-setting son Vorayuth “Boss” Yoovidhya, who attracted cries of impunity after repeatedly failing to show up in court for allegedly racing away in his Ferrari after slamming into a motorcycle cop in a deadly hit-and-run in Bangkok. More than 120 Instagram and Facebook postings by friends and family led The Associated Press earlier this year to the Yoovidhyas’ London vacation home, where Vorayuth refused to comment.
Thai authorities revoked his passport and issued an arrest warrant, but say they don’t know where he is…
Last year’s federal deficit smaller than government predicted: analysis
– canadianbusiness.com
A new report says last year’s federal budgetary shortfall was smaller than the government predicted last spring.
The parliamentary budget officer projects Ottawa’s 2016-17 shortfall was $2.1 billion smaller than forecast.
The report says the improved deficit figure was due in large part to lower-than-expected expenses booked for the Liberals’ infrastructure investment program.
The independent budget office projects the final 2016-17 shortfall at $21.4 billion, although the government’s March prediction was $23.5 billion.
A preliminary Finance Department analysis of the federal books in May estimated that, after accounting for year-end adjustments, Ottawa ran a deficit last year of about $23 billion.
Looking at this year, the budget watchdog is predicting a shortfall of $24.8 billion _ which is essentially in line with the federal 2017-18 deficit forecast of $24.4 billion.
The post Last year’s federal deficit smaller than government predicted: analysis appeared first on Canadian Business – Your Source For Business News.
The parliamentary budget officer projects Ottawa’s 2016-17 shortfall was $2.1 billion smaller than forecast.
The report says the improved deficit figure was due in large part to lower-than-expected expenses booked for the Liberals’ infrastructure investment program.
The independent budget office projects the final 2016-17 shortfall at $21.4 billion, although the government’s March prediction was $23.5 billion.
A preliminary Finance Department analysis of the federal books in May estimated that, after accounting for year-end adjustments, Ottawa ran a deficit last year of about $23 billion.
Looking at this year, the budget watchdog is predicting a shortfall of $24.8 billion _ which is essentially in line with the federal 2017-18 deficit forecast of $24.4 billion.
The post Last year’s federal deficit smaller than government predicted: analysis appeared first on Canadian Business – Your Source For Business News.
