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
At midday: TSX boosted by mining, energy stocks - The Globe and Mail + MORE Jul 14th
CTV NewsAt midday: TSX boosted by mining, energy stocksThe Globe and MailThe Toronto stock market was positive Monday as traders hoped a strong report from the American financial sector indicated another upbeat earnings season from North American corporations. The S&P/TSX composite index rose 51.... More »
ITT Tech shutters all campuses after federal aid sanctions + MORE Sep 6th
The for-profit college chain ITT Technical Institute is shutting down all 130 of its U.S. campuses, saying Tuesday it can’t survive recent sanctions by the U.S. Department of Education.
In a letter to more than 35,000 students, the Indiana-based parent company ITT Educational Services announce.... More »
Financial reality check: 5 money rules Gen Z should retire + MORE Dec 18th
A new poll revealed that a quarter of Canadians feel the financial advice they inherited from older generations no longer applies in 2025. For Gen Z, that number jumps to 34%. And for big-ticket purchases, the gap is even bigger: almost half of 18 to 34 year olds say traditional home-buying advice n.... More »
Bitcoin, marijuana stock crazes take root in Canada’s Wild West Dec 22nd
Low bar lends itself to stock promotion, murky disclosure
.... More »
Do you really need $1.7 million to retire? We surveyed financial experts — and they all agreed you don’t Mar 6th
A recent BMO survey found Canadians expect they’ll need to save $1.7 million to retire comfortably. Such reports stoke unnecessary fear, financial experts say..... More »
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
SEC moves to expand ‘crowdfunding’ for small business and startups
– theglobeandmail.com
Move designed to make it cheaper and less cumbersome for struggling startups trying to fund businesses with investment from general public
The eurozone’s debt burden rose further in the second quarter, official figures showed Wednesday, despite years of austerity that one prominent European Union economist says intensified the financial crisis.
SEC considers rules that would allow startup companies to “crowdfund” capital online
– canadianbusiness.com
WASHINGTON – Startup companies would be able to sell stock over the Internet to small-time investors under rules put forth Wednesday by federal regulators.
So-called “crowdfunding” has been popular for years now for financing independent films and art projects. This year Congress said startups could use it for raising capital, once regulations are in place to protect potential investors
The Securities and Exchange Commission took a step toward that by voting 5-0 to send crowdfunding rules out for public comment. Final rules could be approved next year.
Under the proposal, people with annual income and net worth of less than $100,000 could invest a maximum of 5 per cent of their yearly income. Those will higher incomes could invest up to 10 per cent. Companies could raise a maximum of $1 million a year.
The post SEC considers rules that would allow startup companies to “crowdfund” capital online appeared first on Canadian Business.
So-called “crowdfunding” has been popular for years now for financing independent films and art projects. This year Congress said startups could use it for raising capital, once regulations are in place to protect potential investors
The Securities and Exchange Commission took a step toward that by voting 5-0 to send crowdfunding rules out for public comment. Final rules could be approved next year.
Under the proposal, people with annual income and net worth of less than $100,000 could invest a maximum of 5 per cent of their yearly income. Those will higher incomes could invest up to 10 per cent. Companies could raise a maximum of $1 million a year.
The post SEC considers rules that would allow startup companies to “crowdfund” capital online appeared first on Canadian Business.
Carrick on money: When mom and dad run out of money
– theglobeandmail.com
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
