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: Eli Lilly, BCE and more + MORE Feb 7th
Companies that reported earnings this week
Canada Goose
BCE
Bombardier
Suncor
Thomson Reuters
Eli Lilly
Lightspeed
Canada Goose (TSE: GOOS)
Q3 profit: $139.7 million or $1.42 per diluted share, up from $130.6 million or $1.29 per diluted share a year earlier
Q3 .... More »
Hudson’s Bay to liquidate entire business, still seeking additional capital - Toronto Star Mar 15th
Hudson’s Bay to liquidate entire business, still seeking additional capital Toronto StarHudson’s Bay to start liquidating stores as early as next week CityNews TorontoHudson's Bay Company nearly $1B in debt, with court filings painting dire financial portrait CBC.... More »
Gen Z housing hacks for the return-to-office era + MORE Nov 3rd
After years of remote work and suburban migrations, many young Canadians are being pulled back into city centres, where rental markets are more expensive. Toronto’s average rent, for example, sits around $2,600/month—about 20% higher than the national average, keeping the city among Canada’s p.... More »
Looking for a mortgage in B.C.? Don’t limit your options to the big banks Nov 9th
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 »
B.C. New Democrat government makes pledges to homebuyers, renters, in throne speech - CHEK News + MORE Feb 21st
B.C. New Democrat government makes pledges to homebuyers, renters, in throne speech CHEK NewsHomeowners, renters promised more security in B.C. throne speech CBC.caHousing, affordability take centre-stage in B.C. election-year throne speech Global NewsB.C. government.... More »
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 impact of spending on experiences instead of material possessions. But before I get to that, think back to your favourite concert. Who was on stage? Where were you? Who was with you? Which song kicked off the night? And what was the unforgettable encore that had everyone buzzing with euphoria?
Allow me to share my story.
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Why music is a good “investment”
Music was a constant presence in my life growing up. During car rides and at home, my parents sang along to classics such as “Fishing in the Dark,” “Standing Outside the Fire,” “Copperhead Road,” “Summer of ’69” and “Bad Moon Rising…
