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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Tech investors face 'new era' of China restrictions after Biden order limits funding in A.I., chips - CNBC Aug 10th
Tech investors face 'new era' of China restrictions after Biden order limits funding in A.I., chips CNBCBiden's targeting of China comes at a bad time for the world's second-largest economy The Globe and MailBiden issues executive order restricting US investment in Chinese tech.... More »
Why Vanguard’s ETF aimed at retirees is currently cautious in its asset allocation Feb 27th
As a semi-retired investor who recently started a registered retirement income fund (RRIF), I regard exchange-traded funds (ETFs) from Vanguard Group as a major part of my core portfolio, along with low-volatility ETFs from BMO ETFs, and income-oriented ETFs from various other vendors.
After the .... More »
Big Six banks all hold contentious Israeli defence stock, but one Scotiabank-owned investment manager stands above all - The Globe and Mail Sep 2nd
Big Six banks all hold contentious Israeli defence stock, but one Scotiabank-owned investment manager stands above all The Globe and Mail.... More »
25 money movies (that actually stream in Canada) + MORE Dec 11th
Filmmakers in Hollywood and Hollywood North have yielded dozens of memorable money-themed movies in recent history, exploring everything from capitalism and corporate hijinks to meme stocks and the 2008 financial crisis. From side-splitting comedies to jaw-dropping documentaries, you’ll find plent.... More »
Adidas unsure what to do with €1.2bn Yeezy goods - BBC Mar 9th
Adidas unsure what to do with €1.2bn Yeezy goods BBCAdidas earnings take beating on breakup with Kanye West CTV NewsAdidas CEO Floats Idea of Selling Yeezy Gear, Donating Profit BNN BloombergAdidas still weighing what to do with huge inventory of Kanye West’s Yee.... More »
CP Rail seeks ‘skin in the game’ from shippers to increase bitumen transport
– canadianbusiness.com
CALGARY _ Crude-by-rail shippers are being asked to sign multi-year, take-or-pay contracts that guarantee minimum volumes before Canadian Pacific Railway will assign locomotives and crews to help move a backlog of oilsands crude out of Western Canada.
The railway wants its customers to have significant “skin in the game” before it commits to the costs involved in scaling up its oil-shipping capacity, chief financial officer Nadeem Velani told a CIBC World Markets conference webcast from Whistler, B.C., on Friday.
“What we’re looking for, short-term, is to build in some commitments with customers to either commit a certain level of volumes or, you know, have a take-or-pay arrangement where they would pay damages if they didn’t meet those volumes,” he said.
While reporting its fourth-quarter results last week, CEO Keith Creel said CP Rail would only reluctantly add crude-by-rail volumes, fearing the business will end suddenly when new pipelines come on stream as early as 2020 because pipeline transport is generally less expensive…
The railway wants its customers to have significant “skin in the game” before it commits to the costs involved in scaling up its oil-shipping capacity, chief financial officer Nadeem Velani told a CIBC World Markets conference webcast from Whistler, B.C., on Friday.
“What we’re looking for, short-term, is to build in some commitments with customers to either commit a certain level of volumes or, you know, have a take-or-pay arrangement where they would pay damages if they didn’t meet those volumes,” he said.
While reporting its fourth-quarter results last week, CEO Keith Creel said CP Rail would only reluctantly add crude-by-rail volumes, fearing the business will end suddenly when new pipelines come on stream as early as 2020 because pipeline transport is generally less expensive…
All signs point to print media getting a much-needed financial assist from the federal government in the next budget.
Federal deficit through first eight months of fiscal year totals $9.1 billion
– canadianbusiness.com
OTTAWA _ The federal government’s deficit for the first eight months of the current fiscal year was smaller than a year earlier as revenue growth outpaced increases in spending.
According to the latest fiscal monitor, Ottawa rang up a deficit of $9.1 billion for the period from April to November, compared with a shortfall of $12.7 billion in the same months of the previous fiscal year.
The monthly report says revenues were up $8.8 billion, or 4.8 per cent, as an increase in tax revenues was partially offset by a decrease in employment insurance premium revenues.
Program spending increased up $5.8 billion, or 3.2 per cent, reflecting increases in major transfers to persons and other levels of government and direct program expenses.
Public debt charges were down $500 million, or 3.0 per cent, largely due to a lower average effective interest rate.
The government’s fall economic update projected a spending shortfall of $18.4 billion for the financial year ending March 31, down from the $25…
According to the latest fiscal monitor, Ottawa rang up a deficit of $9.1 billion for the period from April to November, compared with a shortfall of $12.7 billion in the same months of the previous fiscal year.
The monthly report says revenues were up $8.8 billion, or 4.8 per cent, as an increase in tax revenues was partially offset by a decrease in employment insurance premium revenues.
Program spending increased up $5.8 billion, or 3.2 per cent, reflecting increases in major transfers to persons and other levels of government and direct program expenses.
Public debt charges were down $500 million, or 3.0 per cent, largely due to a lower average effective interest rate.
The government’s fall economic update projected a spending shortfall of $18.4 billion for the financial year ending March 31, down from the $25…
This sector will grow from $6-billion to $560-billion by 2025, why airline stocks are dipping, and signs it's time to take profits
– theglobeandmail.com
A roundup of investment ideas for active investors
Bombardier wins resounding victory against Boeing over C Series jet
– canadianbusiness.com
MONTREAL _ Bombardier Inc. won a resounding victory Friday when the U.S. International Trade Commission eliminated nearly 300 per cent in duties on its C Series commercial jet by unanimously voting against a petition filed by Boeing Co.
Commissioners voted 4-0 that Boeing didn’t suffer harm from prospective imports of C Series planes.
“Today’s decision is a victory for innovation, competition, and the rule of law,” the Montreal-based manufacturer said in a news release moments after the vote was announced.
The decision was a surprise for some observers who expected the commission would side with Boeing even though they believed the company sustained no harm. Even one government official said it wouldn’t be surprised by a loss.
The decision caused Bombardier’s stock to shoot up to its highest level in three years. Shares gained nearly 15 per cent to $3.52 after the ruling.
Bombardier also called it a victory for U.S. airlines and the American travelling public…
Commissioners voted 4-0 that Boeing didn’t suffer harm from prospective imports of C Series planes.
“Today’s decision is a victory for innovation, competition, and the rule of law,” the Montreal-based manufacturer said in a news release moments after the vote was announced.
The decision was a surprise for some observers who expected the commission would side with Boeing even though they believed the company sustained no harm. Even one government official said it wouldn’t be surprised by a loss.
The decision caused Bombardier’s stock to shoot up to its highest level in three years. Shares gained nearly 15 per cent to $3.52 after the ruling.
Bombardier also called it a victory for U.S. airlines and the American travelling public…
