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
Does buying GICs still make sense after the recent rate cuts? + MORE Oct 2nd
The Bank of Canada (BoC) recently lowered its policy interest rate by another 25 basis points, from 4.50% to 4.25%. It was the central bank’s third consecutive cut, and economists widely expect more cuts before the end of the year.
What does it mean for Canadians as borrowers and savers when in.... More »
“Yes, concerts are experiences—and I’m spending my money on them!” Sep 21st
In my previous MoneySense column, I wrote about the power of shifting our spending from acquiring things to spending on experiences as it has been shown to create lasting satisfaction in our lives. Now, let me put that to the test. Here is my real-life personal story that highlights the profound imp.... More »
How Early-Stage Start-Ups Can Overcome the Talent Crunch Feb 23rd
Record investment deals, a historic tech initial public offering (IPO) rush, newly minted unicorns and the rapid adoption of technology to digitize our lives and enable remote work—it’s been an electrifying few years for Canadian tech companies. But the Covid-19 pandemic has made life much harde.... More »
Setting expectations important when lending money to loved ones Dec 10th
When a friend or family member asks for money, several thoughts might cross your mind, including whether or not it’s a good idea in the first place. Lending money to close friends or family can be a risky affair. There are chances you may not see that money again, and even worse, it could sour.... More »
Chevron to sell its 50% stake in Kitimat LNG project as it writes down assets by $10B - CBC.ca Dec 11th
Chevron to sell its 50% stake in Kitimat LNG project as it writes down assets by $10B CBC.caChevron to take up to US$11B writedown on gas, Gulf assets BNNBloomberg.caChevron Announces $20 Billion Capital and Exploratory Budget for 2020 BOE ReportChevron’s move to e.... More »
The base metals and industrial sectors helped Canada’s main stock index close at a record high Monday, while U.S. stock markets also climbed higher as technology companies and banks rose.
The Canada Pension Plan Investment Board is preparing to buy a 39 per cent stake in Sportradar, a global company that distributes data from the National Hockey League and other professional sports for betting purposes.
Ladies, here’s how to DIY your first financial plan
– thestar.com
If your net worth is growing, your financial plan is working.
