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
You have to sell a cemetery plot—will you owe capital gains tax? + MORE May 21st
Ask MoneySense
I am the executor of an estate that includes an empty cemetery plot. Is this plot subject to a capital gains tax when I sell it for the estate beneficiaries?
—Brian
Taxes on the sale of a cemetery plot
As real estate prices have risen and as vacant land for cemeteries in b.... More »
Capital gains when selling property to family + MORE Mar 18th
Do I have to pay income tax if I inherited a property jointly with my sister and she bought me out for less than half the appraised value of the property?
—Johanna
Capital gains and transferring property between family
Asset sales between family members can be tricky to facilitate at a family leve.... More »
Economists can’t say they weren’t warned about Toronto housing + MORE Mar 20th
Outside observers such as the International Monetary Fund and the Organization for Economic Co-operation and Development have sounded the alarm for years about surging Canadian real estate prices
.... More »
Toronto’s hot housing market is making divorce even messier — here’s how splitting couples can cope Jun 20th
One financial adviser says she’s done financial planning for separating couples who can’t afford to move out to begin with, so both parties remain in the home. Others end up in tiny condos with no room for the kids.... More »
Richest 1% own nearly half of global wealth: report - CTV News + MORE Oct 14th
CTV NewsRichest 1% own nearly half of global wealth: reportCTV NewsThe richest 10 per cent of the global population holds a whopping 87 per cent of the world's wealth, says a new report, which also warns that a hike in interest rates could dampen overall growth in wealth. The Credit Suisse Glob.... More »
Large sell-offs of gold stocks and telecom companies pushed the Toronto Stock Exchange lower Wednesday, as bullion prices dropped to their lowest level in almost three years.
Pope Francis took a key step Wednesday toward reforming the troubled Vatican bank, naming a commission of inquiry to look into its activities amid a new money-laundering probe and continued questions about the very nature of the secretive financial institution.Ontario education minister calls for forensic audit of Toronto school board after … – National Post
– news.google.ca
Toronto StarOntario education minister calls for forensic audit of Toronto school board after …National PostThe province's education minister has called for a forensic audit of the Toronto District School Board, citing requests received from both the board and its audit committee to look into financial irregularities. Those irregularities include: “the availability of reports …Ontario to audit school board over financial management concernsGlobe and MailProvince to audit TDSB finances680 NewsTeachers' sick days up along with long weekendsToronto StarHamilton Spectator -CBC.ca -CTV Newsall 16 news articles »
