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
Defence stocks attract attention as spending climbs + MORE Apr 10th
With global hostilities rising, experts say investors should take a fresh look at defence companies. The defence industry is much broader than weapons-focused firms. Investing professionals say there are a range of options for retail investors to gain exposure to the sector, depending on their comfo.... More »
Mission: Impossible – Dead Reckoning Part One box office earnings top $16 million Wednesday - JoBlo.com Jul 13th
Mission: Impossible – Dead Reckoning Part One box office earnings top $16 million Wednesday JoBlo.comReview: Mission: Impossible – Dead Reckoning Part One starring Tom Cruise encompasses the best and worst of th LaineyGossipThe Tao of Tom Cruise, our last action hero &.... More »
The financial perks of taking a gap year before post-secondary May 16th
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.
The financial perks of taking a .... More »
Looking for a mortgage in B.C.? Don’t limit your options to the big banks + MORE Apr 3rd
At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »
Stock market news for investors: Canadian banks report Q1 earnings + MORE Feb 28th
Companies that reported earnings this week
BMO
Scotiabank
National Bank
CIBC
RBC
TD
Laurentian
Also read
.... More »
CIBC: The BIS is wrong, Canada not at risk of financial crisis
– theglobeandmail.com
A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web.
VersaBank takes steps towards launching blockchain based cryptocurrency vault
– canadianbusiness.com
LONDON, Ont. _ Canadian lender VersaBank is moving towards launching a blockchain-based virtual vault to store digital properties such as cryptocurrency.
The London, Ont.-based chartered bank says its subsidiary VersaVault has signed two memorandums of understanding with a cryptocurrency exchange and a cryptocurrency-based fund.
VersaBank did not disclose the names of the exchange or the fund.
The branchless bank says these agreements will facilitate feedback from two institutional holders of cryptocurrency assets to help guide the lender’s development of VersaVault, which it intends to launch globally.
VersaBank says the blockchain-based vault works like a safety deposit box, where only the user has access or knows what is inside but its contents are protected from hackers and other risks.
One recent example of such risk is a January cyberattack on Tokyo-based bitcoin and cryptocurrency exchange Coincheck, which lost hundreds of millions of dollars worth of cryptocurrency to hackers…
The London, Ont.-based chartered bank says its subsidiary VersaVault has signed two memorandums of understanding with a cryptocurrency exchange and a cryptocurrency-based fund.
VersaBank did not disclose the names of the exchange or the fund.
The branchless bank says these agreements will facilitate feedback from two institutional holders of cryptocurrency assets to help guide the lender’s development of VersaVault, which it intends to launch globally.
VersaBank says the blockchain-based vault works like a safety deposit box, where only the user has access or knows what is inside but its contents are protected from hackers and other risks.
One recent example of such risk is a January cyberattack on Tokyo-based bitcoin and cryptocurrency exchange Coincheck, which lost hundreds of millions of dollars worth of cryptocurrency to hackers…
Analyst warns British Columbia gas prices could soon hit a record high
– canadianbusiness.com
VANCOUVER _ Drivers in British Columbia should brace for record high gasoline prices this summer and the financial pain has the potential to spread across the country, says a petroleum industry analyst.
Dan McTeague of the online tech company GasBuddy predicts that beginning in April and continuing to September, gasoline prices across much of B.C.’s south coast will hover around $1.60 a litre.
He blames the hike on high demand and chronically short supply, made even worse by Friday’s announcement that the Olympic pipeline that distributes gasoline throughout Washington and Oregon will be taken off-line for four or five days of maintenance.
Prices across Vancouver hit about $1.55 over the weekend, while Victoria remained around $1.40, but McTeague warns southern Vancouver Island could see an eight-cent-a-litre leap as the ripple from short supplies and climbing local taxes spreads.
The high for a litre of gasoline in Metro Vancouver was set on June 22, 2014, when the price was just under $1…
Dan McTeague of the online tech company GasBuddy predicts that beginning in April and continuing to September, gasoline prices across much of B.C.’s south coast will hover around $1.60 a litre.
He blames the hike on high demand and chronically short supply, made even worse by Friday’s announcement that the Olympic pipeline that distributes gasoline throughout Washington and Oregon will be taken off-line for four or five days of maintenance.
Prices across Vancouver hit about $1.55 over the weekend, while Victoria remained around $1.40, but McTeague warns southern Vancouver Island could see an eight-cent-a-litre leap as the ripple from short supplies and climbing local taxes spreads.
The high for a litre of gasoline in Metro Vancouver was set on June 22, 2014, when the price was just under $1…
Canada’s main stock index joined U.S. markets in the red Monday as a Federal Reserve meeting looms and a share price hit at Facebook over improper data use weighed on the tech sector.
