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
Empire to expand FreshCo grocery chain in Western Canada amid restructuring woes + MORE Dec 14th
Shares of Empire Co. Ltd. were down more than five per cent on Wednesday amid news it’s planning to convert up to a quarter of stores in Western Canada to its discount FreshCo banner as it struggles with industry challenges and increased labour costs.
The company made the announcement after it.... More »
How to stay invested in U.S. stocks without the tech overweight + MORE Feb 19th
Big Tech CEOs, like Jeff Bezos, Elon Musk, Mark Zuckerberg and Sundar Pichai were front and centre at Donald Trump’s inauguration—a sign of their growing influence in the years to come. Today, their dominance is just as evident in the stock market, particularly for investors who own U.S. equitie.... More »
‘I eat these things every night:’ Doug Ford backs Chapman’s ice cream bars as he announces $27M investment - CTV News Sep 19th
‘I eat these things every night:’ Doug Ford backs Chapman’s ice cream bars as he announces $27M investment CTV NewsCanadian ice cream giant announces plans to redevelop Ontario facility, add jobs Global NewsOntario sweetens deal for Chapman’s Ice Cream with $200M invest.... More »
Compare high-risk auto insurance quotes for Ontario + MORE Feb 5th
The cost of auto insurance—which is required for drivers in Canada—can vary widely. Why? Because it’s all about risk. How risky your car is—is it prone to safety issues that could cause an accident? Is it a car-thief magnet? How risky your neighbourhood is—whether you live in an urban or r.... More »
Housing market has gone into 'hibernation' CREA says, with lower sales, listings and flat prices - CBC News Nov 15th
Housing market has gone into 'hibernation' CREA says, with lower sales, listings and flat prices CBC NewsAverage home price in Canada rises to $656625 as monthly sales slow: CREA - Business News Castanet.netCanadian home sales slow in October as many buyers have already 'gone i.... More »
Power Corp. activist investor Roustan shines light on poor performance
– theglobeandmail.com
In Mr. Roustan’s view, Power Corp. could double its stock price by focusing on its financial businesses and selling off the rest of its holdings
Toronto stock index pushes higher toward new record, Canadian dollar down
– canadianbusiness.com
Canada’s main stock index climbed closer to an all-time high Tuesday, boosted by a broad-based advance across most sectors.
The S&P/TSX composite index was up 49.38 points to 15,905.14, about 17.00 points shy of a new record finish.
“I think you’re seeing a broad participation in global equity markets. We’re seeing fund outflows from bond markets and fixed income and related asset classes,” said Sid Mokhtari, executive director at CIBC Capital Markets.
“I think that’s been the driver of equities, particularly in the U.S. and global equities in general. Money continues to roll out of bonds and move into stocks.”
In New York, the Dow Jones industrial average soared 167.80 points to 23,441.76, a new record high, with rallying shares of construction equipment maker Caterpillar Inc. and Post-it note maker 3M Co. responsible for almost all of the movement due to raised profit forecasts.
Meanwhile, the S&P 500 index inched up 4.15 points to 2,569…
The S&P/TSX composite index was up 49.38 points to 15,905.14, about 17.00 points shy of a new record finish.
“I think you’re seeing a broad participation in global equity markets. We’re seeing fund outflows from bond markets and fixed income and related asset classes,” said Sid Mokhtari, executive director at CIBC Capital Markets.
“I think that’s been the driver of equities, particularly in the U.S. and global equities in general. Money continues to roll out of bonds and move into stocks.”
In New York, the Dow Jones industrial average soared 167.80 points to 23,441.76, a new record high, with rallying shares of construction equipment maker Caterpillar Inc. and Post-it note maker 3M Co. responsible for almost all of the movement due to raised profit forecasts.
Meanwhile, the S&P 500 index inched up 4.15 points to 2,569…
Trust us, there will be NO job losses —today
– canadianbusiness.com
(Bombardier)We’ve seen this movie before so don’t assume a happy ending.
A foreign multinational snaps up a Canadian competitor to increase its global market share. At the time of the takeover the Canadian government and foreign buyer embark on a whitewashing exercise to make the deal palatable to Canadians.
Promises are made that jobs will not be cut, the new parent company will invest in plant and equipment and Canada will be a better place. Then a few years later come the broken promises and job cuts.
Just ask the employees at Stelco, Inco and Falconbridge. Or countless other companies abroad who have been snapped up by foreign competitors. It’s rarely a pretty sight and it almost always results in job losses.
The latest Canadian company to get caught in the crosshairs of a foreign buyout is Montreal’s Bombardier Inc.
Given the track record that foreign takeovers have in this country, it’s hard to believe Bombardier when it says that a proposed deal with Airbus to share the business of building and selling the CSeries line of jets (the company would retain its railway manufacturing assets) will result in no job losses…
Morneau’s U-turn: Great politics, terrible policy
– theglobeandmail.com
The Finance Minister’s surprise cut to the small-business tax rate will create a new financial incentive for professionals and others to incorporate
The close: TSX climbs within reach of all-time high as industrials rally
– theglobeandmail.com
Dow jumps with upbeat 3M, Caterpillar earnings
