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
EnCana to spin off PrairieSky in Canada's largest IPO in 14 years + MORE May 23rd
Calgary-based Encana Corp. has raised $1.46 billion in an initial public offering of its PrairieSky Ltd. royalty business, the biggest IPO since 2000..... More »
40 days - 2.75% + MORE Dec 17th
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online..... More »
Toronto Blue Jays flex financial muscle to secure George Springer, the player they wanted all along - TSN Jan 20th
Toronto Blue Jays flex financial muscle to secure George Springer, the player they wanted all along TSNBlue Jays land top off-season target George Springer with historic contract Sportsnet.caAP source: Springer agrees to $150M, 6-year deal with Jays Taiwan NewsThe Ja.... More »
This Investment Specialist Made the Leap From Finance to Farming Jul 28th
Many entrepreneurs will tell you that what they’re doing now is not what they initially set out to do. Making major professional changes—even mid- to late-career—can often lead to more fulfilling and successful outcomes. That’s what our series The Pivot is all about. Each month, we speak to .... More »
Before the Bell: Stocks set to rise as earnings keep flowing + MORE Jul 22nd
A look at overnight markets and what's ahead this trading day in North America
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5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
60 days – 1.55%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
How Pension Funds Think About Bonds
– CanadianCouchPotato.com
With the bond market up about 3% year-to-date, the bears have been growling less than usual. But I still get a steady stream of email from readers who think bonds “make no sense anymore” because they have low yields and will fall in value if interest rates rise. However, if you’re a pension fund manager your opinion of bonds is probably different.
Before we go further, let’s acknowledge that a pension fund isn’t the same as your RRSP. Institutional investors have an indefinite time horizon, as well as access to far more investment options than you and me. Yet retail investors can learn a lot from the smart money like the managers of the Healthcare of Ontario Pension Plan. (Hat tip to Raymond Kerzérho, director of research at PWL Capital, for pointing me to the HOOPP strategy.)
It’s not about the income
HOOPP uses what it calls a “liability driven” investment approach, which involves constructing two separate portfolios with different goals. The first is the Return Seeking Portfolio, and it includes primarily Canadian and international equities, as well as a number of active strategies…
Before we go further, let’s acknowledge that a pension fund isn’t the same as your RRSP. Institutional investors have an indefinite time horizon, as well as access to far more investment options than you and me. Yet retail investors can learn a lot from the smart money like the managers of the Healthcare of Ontario Pension Plan. (Hat tip to Raymond Kerzérho, director of research at PWL Capital, for pointing me to the HOOPP strategy.)
It’s not about the income
HOOPP uses what it calls a “liability driven” investment approach, which involves constructing two separate portfolios with different goals. The first is the Return Seeking Portfolio, and it includes primarily Canadian and international equities, as well as a number of active strategies…
Russian central bank vows to defend financial stability, keeps rates on hold
– theglobeandmail.com
Key lending rates unchanged at a regular meeting on Friday, after unexpectedly raising them two weeks ago
Both mortgage and consumer credit debt increased in Q4, says StatsCan
– canadianbusiness.com
OTTAWA – Statistics Canada says mortgage and consumer credit debt were both up at the end of the fourth quarter of 2013.
The agency says mortgage debt stood at just over $1.1 trillion, up 1.1 per cent over the previous quarter.
It says consumer credit debt reached $508 billion at quarter end, up 0.5 per cent over the third quarter.
Leverage, measured by household credit market debt to disposable income, edged down to 164 per cent from 164.2 per cent in the third quarter.
The household debt service ratio, defined as household mortgage and non-mortgage interest paid divided by disposable income, remained at a record low.
Owner’s equity as a percentage of real estate was 69.5 per cent at the end of the quarter, marginally higher than the 69.4 per cent recorded at the end of the previous quarter.
The post Both mortgage and consumer credit debt increased in Q4, says StatsCan appeared first on Canadian Business.
The agency says mortgage debt stood at just over $1.1 trillion, up 1.1 per cent over the previous quarter.
It says consumer credit debt reached $508 billion at quarter end, up 0.5 per cent over the third quarter.
Leverage, measured by household credit market debt to disposable income, edged down to 164 per cent from 164.2 per cent in the third quarter.
The household debt service ratio, defined as household mortgage and non-mortgage interest paid divided by disposable income, remained at a record low.
Owner’s equity as a percentage of real estate was 69.5 per cent at the end of the quarter, marginally higher than the 69.4 per cent recorded at the end of the previous quarter.
The post Both mortgage and consumer credit debt increased in Q4, says StatsCan appeared first on Canadian Business.
