The “Big Five” Canadian banks 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). Are there other viable options?
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New investment disclosures lack detail + MORE Feb 9th
New disclosure rules promised to provide investors more clarity on performance, charges and fees, but some financial institutions have decided to provide only the minimum information required.
The new regulatory requirements are laid out in CRM2, the second phase of the Client Relationship Model ado.... More »
The best GIC rates in Canada for 2024 Jul 23rd
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The best GIC rates in Canada
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Poland’s Law and Justice party gains majority in parliament, with 235 seats Oct 27th
WARSAW, Poland – Poland’s election authority says the right-wing Law and Justice party has won 235 seats in the 460-seat lower house of parliament, meaning it has a majority and can govern alone.
The party is now in the strongest position a party has ever enjoyed in post-communist Poland.... More »
How the Dow Jones industrial average fared on Wednesday Nov 9th
Stocks closed sharply higher Wednesday as investors reacted to Donald Trump being elected president of the United States in an upset victory over Hillary Clinton.
Banks, drugmakers and industrial companies gained the most, while safe-haven assets like utilities slumped. The market hopes that Trump&#.... More »
Average Home Price in Canada Hits $430,000: CREA + MORE Mar 18th
You know all those rumours of a looming housing market crash in Canada? Well, according to the Canadian Real Estate Association (CREA), they’re still just rumours. Houses across the country continue to sell at a torrid clip, with the average price of a home in Canada now topping $430,000. The org.... More »
The dark side of the gift card boom: Olive
– thestar.com
There is a real downside for consumers, who find themselves inadvertently making billions of dollars’ worth of interest-free loans to retailers, banks and even government agencies.
