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
Canadian Tire bidding on Hudson’s Bay assets, sources say - BNN Bloomberg May 1st
Canadian Tire bidding on Hudson’s Bay assets, sources say BNN BloombergView Full Coverage on Google News.... More »
Why tax season is turning into a debt trap for Canadians (and how to avoid it) + MORE Apr 2nd
If you typically carry a credit card balance, you’re in good company. The recent Study of the Canadian Consumer (Winter 2026) by Vividata shows that more than 1 in 3 Canadians (36%) usually have a credit card balance from month to month. What’s striking, however, is the study’s finding that 49.... More »
You opened an RESP—now what? Nov 23rd
As many Canadian parents and grandparents know, a registered education savings plan (RESP) is a powerful savings tool. Although you can create a college or university fund for your child in other ways, such as a bank account or a tax-free savings account (TFSA), they don’t offer the same valuable .... More »
Best bank accounts for side hustles in Canada 2026 + MORE May 20th
More and more Canadians are learning how to hustle, with an estimated 28% of Canadians taking on short-term or freelance work, according to an H&R Block study. Gig work can be great for supplementing your income or paying for unexpected expenses, but you may want to keep that income separate fro.... More »
BHP trying to acquire Anglo American, threatening Teck takeover - The Globe and Mail Nov 23rd
BHP trying to acquire Anglo American, threatening Teck takeover The Globe and MailBHP BHP Drops Anglo American Tie-Up Plan, Canva’s IPO plans: Australia Briefing Bloomberg.comMining giant BHP makes renewed takeover bid for rival Anglo American, source says CNBCBHP .... More »
“One of my stocks just split. Am I richer now?”
– moneysense.ca
If you’re an Apple or Tesla stockholder, you may have noticed that you’re now in possession of a bunch of new shares. On August 28, Apple did a 4-for-1 stock split. Three days later, Tesla split its shares 5-for-1. That means if you owned 100 shares each of Apple and Tesla before the split, you now have 400 and 500 shares, respectively. Awesome, right? Well, not so fast. Stock splits sound fun—who doesn’t want more shares?—but they don’t mean all that much for the investors holding these companies.
There are two reasons why a company might split its stock. The first is to get the price of its shares down to a level where it attracts more interest from retail investors. Before Tesla split, its share price was around $2,000—it’s now $416—while Apple’s share price dropped from about $500 to $123 at the time of writing. If you own shares in either of these companies, the value of your holdings has not changed. If you owned $2,000 in Tesla last week, you still own around $2,000 in Tesla today…
There are two reasons why a company might split its stock. The first is to get the price of its shares down to a level where it attracts more interest from retail investors. Before Tesla split, its share price was around $2,000—it’s now $416—while Apple’s share price dropped from about $500 to $123 at the time of writing. If you own shares in either of these companies, the value of your holdings has not changed. If you owned $2,000 in Tesla last week, you still own around $2,000 in Tesla today…
