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
Why GICs are a good addition to an RRSP or a TFSA + MORE Aug 9th
It’s tax time again, which means Canadians may be thinking about tax-smart ways to invest to reduce their tax burden next year. Adding guaranteed investment certificates (GICs) to your investment portfolio may help bring safe and solid returns.
How GICs work
When you purchase a GIC, you agre.... More »
How retired parents can use the FHSA to help their adult children Mar 23rd
If you’re a retiree or close to retiring, you probably have a paid-off principal residence, or should be close to having one.
However, many retirees—including me—have grown children struggling to get onto the first rung of the real estate ladder. Coming up with a down payment is still diffi.... More »
Investment in Ontario drug discovery research will help develop new cancer medicines for patients - EurekAlert May 5th
Investment in Ontario drug discovery research will help develop new cancer medicines for patients EurekAlertB.C. researchers use nuclear medicine research to fight cancer | CTV News CTV News VancouverView Full Coverage on Google News.... More »
Does a spouse’s real estate ownership cancel out first-time homebuyer qualifications? Jun 5th
Q. My husband and I married recently, and we have lived together in a rental apartment since we got engaged and married. He has a condo, which he purchased seven years ago, but he has not lived there for the past three years. I’ve never lived in that condo and he didn’t use the Home Buyers’ Pl.... More »
If you’re going on vacation, don’t forget travel health insurance Jul 3rd
You’ve packed your clothes, toothbrush, extra pairs of socks, sunscreen—and anything else you might need during your vacation. Experts recommend adding travel insurance to the list, whether you’re going near or far.
“We all think, ‘Oh, we’re just going to go away, maybe even for a.... More »
Spotify files to go public on NYSE
– cbc.ca
Music streaming service Spotify is taking steps to become a public company and have its shares list on the New York Stock Exchange.
Keystone saga takes financial toll on Alberta as oil delays worsen
– theglobeandmail.com
Alberta said the recent slump in heavy Canadian crude prices, caused by a lack of adequate pipeline space, may cost the oil-rich province about $500-million in lost royalties during the current fiscal year
Statistics Canada says oil and gas spending set to fall for 4th year in a row
– canadianbusiness.com
CALGARY _ Statistics Canada says capital spending to extract oil and gas will fall for a fourth straight year in Canada in 2018.
The federal agency says a survey of investment intentions in the oilpatch found spending is expected to be about $33.2 billion this year, down 12 per cent from 2017, with the biggest declines in the oilsands sector where spending will fall by a fifth to $10.2 billion.
It says the largest spending decline is anticipated in Alberta, down 12 per cent to $22.5 billion, but spending will also fall off in Newfoundland and Labrador, British Columbia and Saskatchewan.
CIBC chief economist Avery Shenfeld says the numbers are falling because big projects are wrapping up and not being replaced, a trend that he says also points to Canada’s failing competitiveness with the United States.
He says investors are discouraged from investing in Canada by export pipeline constraints, as well as lower commodity prices, higher taxes and a more onerous regulatory environment than in the U…
The federal agency says a survey of investment intentions in the oilpatch found spending is expected to be about $33.2 billion this year, down 12 per cent from 2017, with the biggest declines in the oilsands sector where spending will fall by a fifth to $10.2 billion.
It says the largest spending decline is anticipated in Alberta, down 12 per cent to $22.5 billion, but spending will also fall off in Newfoundland and Labrador, British Columbia and Saskatchewan.
CIBC chief economist Avery Shenfeld says the numbers are falling because big projects are wrapping up and not being replaced, a trend that he says also points to Canada’s failing competitiveness with the United States.
He says investors are discouraged from investing in Canada by export pipeline constraints, as well as lower commodity prices, higher taxes and a more onerous regulatory environment than in the U…
A small-cap strategy focused on earnings growth, free cash flow
– theglobeandmail.com
We look for less-loved companies with strong free cash flows and growing but stable earnings
Budget’s second parent leave formula favours men over women: experts
– canadianbusiness.com
TORONTO _ The federal budget might have been sold on its female-friendly features, but business experts say it still falls short in solving the wage gap because the formula it uses to calculate employment insurance still favours men over women.
Under the government’s new EI Parental Sharing Benefit, a child’s second caregiver will now have the option to take five weeks of “use-it-or-lose-it” time off work, if the child’s other parent takes a leave.
How much that second parent earns while on leave is predicated around his or her average insurable earnings, but women stand to make a few hundreds dollars less on average because they typically earn 87 cents for every dollar made by a man, said Jennifer Robson, an assistant professor of political management at Carleton University.
She did the math and found that the average man who makes a claim for second-parent leave will make about $2,450, while the average woman will nab $2,190 for the five weeks.
“(The system) is really based on an instrument that was all about temporary wage replacement for people who are unemployed for a little bit…
Under the government’s new EI Parental Sharing Benefit, a child’s second caregiver will now have the option to take five weeks of “use-it-or-lose-it” time off work, if the child’s other parent takes a leave.
How much that second parent earns while on leave is predicated around his or her average insurable earnings, but women stand to make a few hundreds dollars less on average because they typically earn 87 cents for every dollar made by a man, said Jennifer Robson, an assistant professor of political management at Carleton University.
She did the math and found that the average man who makes a claim for second-parent leave will make about $2,450, while the average woman will nab $2,190 for the five weeks.
“(The system) is really based on an instrument that was all about temporary wage replacement for people who are unemployed for a little bit…
