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
Oilsands bitumen prices in negative territory, analyst calculates + MORE Oct 13th
A financial analyst says prices being paid for Western Canadian oilsands bitumen have fallen so far that producers are losing money on every barrel sold into the spot market..... More »
Facebook to rebrand as a metaverse company. What is that? - CBC.ca Oct 24th
Facebook to rebrand as a metaverse company. What is that? CBC.caEXPLAINER: What the metaverse is and how it will work Yahoo NewsFacebook Reports Earnings Monday. Snap Earnings Weren't a Great Sign. Barron'sOpinion: A Facebook rebrand could be a huge risk T.... More »
Rachel Notley says panel report on oil royalties still weeks away + MORE Jan 11th
EDMONTON – The results of Alberta’s royalty review have now been put off for a few more weeks — but critics say time is of the essence.
“We said (from the beginning) that a review shouldn’t be done at all, but if it was done it needed to be over very quickly,” Wildros.... More »
Oilsands, mining companies watch B.C. solar project with intrigue Jun 27th
Mining companies investing in renewable energy may seem far fetched, but those in the industry say the sector is looking for opportunities that make financial sense..... More »
U.S. blocks MoneyGram sale to China’s Ant Financial on national security concerns + MORE Jan 3rd
Most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump
.... More »
4.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online.
Asset location: Everything in its place
– moneysense.ca
If you’ve ever put together an investment plan, you’re familiar with asset allocation. That’s the mix of stocks, bonds, real estate and other investments driving the expected risk and return of your portfolio. You probably gave less thought to asset location, or how those assets are distributed among your registered and non-registered investment accounts. But as any home buyer will tell you, location means a lot.Here’s why. Investment returns—bond interest, Canadian and foreign stock dividends, capital gains—are taxed in different ways. And each of your accounts—such as RRSPs, TFSAs and taxable accounts—is governed by different tax rules. Savvy investors know if they hold assets in the wrong account type they’ll pay much more tax than necessary.
How much more? That depends on your portfolio size and tax rates, but smart asset location decisions can easily save you tens of thousands of dollars over an investing lifetime. That number could easily top $100,000 for wealthier investors…
AFPObama Urges Congress to Hold Off on Further Iran SanctionsWall Street JournalWASHINGTON—President Barack Obama urged Congress not to pursue new sanctions against Iran as talks over its nuclear program play out, saying such a move would undermine attempts to solve the issue peacefully and avoid another Middle East military …Lawmakers brush off Kerry on IranWashington Post (blog)Iran sharply slows down nuclear capacity expansion: IAEA reportReutersJohn Kerry: Tiny portion of Iran assets may be freedBBC NewsRadioFreeEurope/RadioLiberty -Independent Online -Sky News Australiaall 728 news articles »
A scorecard on the state of the economy in North America and beyond
After rising steadily since 2008, Statistics Canada’s new housing price index has flattened out in September, following on a 0.1 per cent increase in August, but a new report says that’s no cause for concern as Canadian real estate development will remain strong.
