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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Tax changes signed by Trump late last year cut the corporate income tax rate to 21 per cent, from 35 per cent.Jefferies poaches RBC senior bankers in expansion drive
– theglobeandmail.com
Dai Clement will become global head of power, utilities and infrastructure investment banking at Jefferies
PI Financial hires mining research head amid small-cap boom
– theglobeandmail.com
Chris Thompson is joining PI from Raymond James and will be based in Vancouver
9 personal finance books you need to read now
– moneysense.ca
This article was originally published January 2016
You don’t need to read dozens of personal finance books, if you want to get smarter about your money. In fact, that might even be bad for your financial health. “One of the things people get crushed by is complexity,” says Bruce Sellery, who just happens to have written one of our favourite money books of all time. As far as he’s concerned, it doesn’t matter which financial vision you live by—simply that you have one. “It doesn’t matter which direction you walk in, or if you take a detour along the way, just so long as you keep placing one foot in front of the other.” And if you like metaphors like those, you know which book to pick.
1. The Wealthy Barber Returns, by David Chilton
The 10-second take: The first time out, Chilton focused on saving more. Round two is about spending less.
Get it here.
2. Moolala, by Bruce Sellery
The 10-second take: Follow the “Moolala Method”: set your goals, develop a plan and stick with it…
The chief executives of Royal Bank and Bank of Montreal are expecting first-quarter writedowns due to U.S. President Donald Trump’s tax changes, but also significant tax savings on future earnings.
