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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The best GIC rates in Canada for 2025 May 5th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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CIBC, National Bank ask employees to work remotely as Omicron worries grow - CTV News + MORE Dec 15th
CIBC, National Bank ask employees to work remotely as Omicron worries grow CTV NewsNational Bank latest financial institution to delay return to office plans Yahoo Canada FinanceCity of Ottawa pauses return-to-office plan for employees CTV News OttawaCOVID-19 variant.... More »
Former Trump executive Allen Weisselberg sentenced to 5 months in jail for lying in civil fraud case - World News - Castanet.net Apr 10th
Former Trump executive Allen Weisselberg sentenced to 5 months in jail for lying in civil fraud case - World News Castanet.netTrump's Ex-Finance Chief Is Sentenced to 5 Months in Rikers for Perjury The New York TimesTrump civil fraud case: Judge fines Trump $354 million, says f.... More »
Wealthsimple-X deal sparks investor risk concerns + MORE Apr 20th
A new partnership Wealthsimple has struck with social media platform X could greatly expand the finance company’s reach—but some critics are raising concerns about the risks for investors.
Through the partnership launched this week, Wealthsimple customers who have its app on their p.... More »
Canadians collectively owe $1.8 trillion in household debt
– moneysense.ca
TORONTO _ Canadians’ collective household debt has climbed to $1.8 trillion as an international financial group sounds an early warning that the country’s banking system is at risk from rising debt levels.
Equifax Canada says consumers now owe $1.821 trillion including mortgages as of the fourth-quarter of 2017, marking a six per cent increase from a year earlier.
Although nearly half of Canadians reduced their personal liabilities, roughly 37 per cent added to their debt to push the average amount up 3.3 per cent to $22,837 per person, not including mortgages.
The fresh numbers come as an international financial group owned by the world’s central banks says Canada’s credit-to-gross-domestic-product and debt-service ratios show early warning signs of potential risk to the banking system in the coming years.
The latest report by the Bank of International Settlements says Canada’s credit-to-GDP gap and debt-service ratios have surpassed critical thresholds and are signalling red, pointing to vulnerabilities…
Equifax Canada says consumers now owe $1.821 trillion including mortgages as of the fourth-quarter of 2017, marking a six per cent increase from a year earlier.
Although nearly half of Canadians reduced their personal liabilities, roughly 37 per cent added to their debt to push the average amount up 3.3 per cent to $22,837 per person, not including mortgages.
The fresh numbers come as an international financial group owned by the world’s central banks says Canada’s credit-to-gross-domestic-product and debt-service ratios show early warning signs of potential risk to the banking system in the coming years.
The latest report by the Bank of International Settlements says Canada’s credit-to-GDP gap and debt-service ratios have surpassed critical thresholds and are signalling red, pointing to vulnerabilities…
Valeant nixes CEO’s $29.8-million stock award in executive pay overhaul
– theglobeandmail.com
Joseph Papa and chief financial officer Paul Herendeen, who both received large upfront equity awards when they were hired in 2016, will instead get smaller annual grants
Report: Canada, Hong Kong and China most at risk of new financial crisis
– theglobeandmail.com
A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web
