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
Stock market news for Canadian investors: Loblaw, Walmart and more Feb 21st
Companies that reported earnings this week
Gildan
Loblaw
Walmart
Gildan Activewear reports $132.3M Q4 profit, raises dividend 10%
Source: Google
Gildan (TSE: GIL)
(All figures in U.S. dollars.)
Q4 profit: $132.3 million or 86 cents per diluted share, down from $153.3 mill.... More »
The best credit cards for seniors in Canada in 2024 + MORE Aug 27th
What are the best credit cards for seniors in Canada? That was a question we recently received from a reader, and while credit cards are more about an individual’s unique spending habits and the benefits they find most useful in a credit card than age, we still thought we could help. With this in .... More »
Boba tea company apologises over Canada Dragon's Den row - BBC.com Oct 15th
Boba tea company apologises over Canada Dragon's Den row BBC.comCanadian drink company tastes controversy after Simu Liu raises cultural appropriation questions CTV NewsActor Simu Liu calls out boba company over cultural appropriation The Washington PostBoba tea bran.... More »
Are you worried about your financial situation? - Poll - Castanet.net Jan 17th
Are you worried about your financial situation? - Poll Castanet.netBritish Columbians' debt anxiety mounting amid inflation, interest rate hikes: surveys | Globalnews.ca Global NewsCanadians more worried about rising debt amid high cost of living: MNP BNN BloombergIn.... More »
Rates are going down—is now a good time to buy a house in Canada? Jun 6th
Real estate market analysts say the Bank of Canada’s much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move. The central bank announced the quarter-percentage-point cut on Wednesday, its first in more than f.... More »
Investors started 2022 celebrating the record highs of 2021. The S&P 500, Dow Jones and NASDAQ were all up double digits. The S&P 500 achieved the greatest gains in 2021, ending the year up nearly 27%. The feeling was “onward and upward”—then macro issues took over and that changed everything. Inflation, interest rates and economic policy are the big-ticket items of 2022—a year that took investors on yet another wild ride, catching new investors, in particular, off guard. Before we look forward to 2023, let’s look back at this year.
What happened in 2022 to affect our finances
Let’s break down the highs and lows of 2022.
1. War
In late February, when Russia invaded Ukraine, inflation—which had been almost non-existent for decades—was already on the rise, thanks to COVID. Disrupted supply chains and nearly full employment were pushing up food prices and wages. Russia’s invasion of Ukraine led to a spike in oil prices, taking inflation to levels higher than it likely would have hit, if there were no war…
