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
How retirees should respond to the Iran crisis + MORE Mar 26th
Cynics have rechristened America’s attack on Iran as Operation Epstein Fury, suggesting the main reason for Operation Epic Fury (as the Trump Administration originally called it) was to distract from the Epstein Files and the president’s one million mentions therein. Whether that cynicism is ju.... More »
Alberta to announce new oil and gas royalty framework today + MORE Jan 29th
CALGARY — Alberta Premier Rachel Notley will be in Calgary today to reveal the province’s new oil and gas royalty framework.
The announcement comes as oil hovers around US$30 a barrel and industry players have warned the government against doing anything to worsen the pain.
The new system w.... More »
Lords a-leaping: ’12 Days of Christmas’ items cost $34K, a 0.6 per cent increase over last year + MORE Nov 30th
PITTSBURGH, Pa. – Lords a-leaping is the U.S. economy slow to recover!
The cost of 10 lords a-leaping increased 3 per cent over last year, but nine of the other 12 gifts listed in the carol “The Twelve Days of Christmas” stayed the same price as last year, according to the 32nd ann.... More »
A simple guide to investing your first $500 Jan 22nd
For many young Canadians, the barrier to entry for investing feels impossibly high. Between student loans, rising rent, and the cost of living, scraping together a starter fund can seem daunting. Yet, as little as $500 to $1,000 is sufficient enough to begin building the habits that create long-ter.... More »
Asset allocation in retirement Mar 13th
Learn, save, invest and prosper with My Own Advisor.
If you think you’re confused about how best to de-accumulate assets to cover retirement expenses, you’re not alone. I’ve read countless articles about how to preserve capital while creating some sort of income stream to cover expenses in t.... More »
Intact Financial, Mountain Province, Domtar and Allied Nevada are among the stocks we’re watching Monday.
Black Diamond Group signs four big housing contracts in Western Canada
– canadianbusiness.com
CALGARY – Black Diamond Group Ltd. (TSX:BDI) said Monday it has signed four large scale contracts to provide housing for workers on a variety of resource projects in Western Canada.
The contracts range from one to three years and are projected to generate $100 million in total revenue, the company said.
Black Diamond said it will spend about $20 million on new gear for the contracts that will also utilize equipment.
In an update to its guidance, the company said its results for the second quarter are expected to be moderately stronger than a year ago, but due to the annual seasonality and project sequencing gaps, they will be “significantly weaker” than the first quarter of the year.
“Management of the company anticipates strong financial results in the second half of 2013 and first half of 2014 based on new contracts and visibility of business development,” the company said in a statement.
Black Diamond provides remote housing and modular buildings as well as other services to the resource industry…
The contracts range from one to three years and are projected to generate $100 million in total revenue, the company said.
Black Diamond said it will spend about $20 million on new gear for the contracts that will also utilize equipment.
In an update to its guidance, the company said its results for the second quarter are expected to be moderately stronger than a year ago, but due to the annual seasonality and project sequencing gaps, they will be “significantly weaker” than the first quarter of the year.
“Management of the company anticipates strong financial results in the second half of 2013 and first half of 2014 based on new contracts and visibility of business development,” the company said in a statement.
Black Diamond provides remote housing and modular buildings as well as other services to the resource industry…
US stock market ends higher as rising mining stocks offset weak McDonald’s earnings
– canadianbusiness.com
NEW YORK, N.Y. – The U.S. stock market is closing at a record high despite a disappointing quarterly performance from McDonald’s.
A big week for corporate results began Monday with second-quarter earnings for the hamburger chain falling short of Wall Street’s expectations.
But the price of gold broke above the $1,300 mark for the first time in a month, and gave mining stocks a lift. Gold rose $43.10, or 3 per cent, to $1,336 an ounce.
The Standard & Poor’s 500 index rose three points to 1,695, a record high. The Dow Jones industrial average closed up one point to 15,545. The Nasdaq composite was up 12 points at 3,600.
McDonald’s says economic uncertainty for its customers weighed on results and it warned of a tough year ahead. The company’s stock price was down 2.7 per cent.
The post US stock market ends higher as rising mining stocks offset weak McDonald’s earnings appeared first on Canadian Business.
A big week for corporate results began Monday with second-quarter earnings for the hamburger chain falling short of Wall Street’s expectations.
But the price of gold broke above the $1,300 mark for the first time in a month, and gave mining stocks a lift. Gold rose $43.10, or 3 per cent, to $1,336 an ounce.
The Standard & Poor’s 500 index rose three points to 1,695, a record high. The Dow Jones industrial average closed up one point to 15,545. The Nasdaq composite was up 12 points at 3,600.
McDonald’s says economic uncertainty for its customers weighed on results and it warned of a tough year ahead. The company’s stock price was down 2.7 per cent.
The post US stock market ends higher as rising mining stocks offset weak McDonald’s earnings appeared first on Canadian Business.
Netflix’s second-quarter earnings more than quadrupled as the revival of the comedy series Arrested Development attracted more subscribers.
David Malpass: The Economy Is Showing Signs of Life
– online.wsj.com
Business loans, auto sales and hourly earnings are up. The Federal Reserve needs to exit from monetary extremes.
