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
CFO of Chinese tech giant Huawei arrested in Vancouver, sought by U.S. for extradition + MORE Dec 6th
Canadian officials have arrested Wanzhou Meng, the chief financial officer and deputy chairwoman of the board for the Chinese tech giant Huawei, CBC News has confirmed..... More »
Home Capital faces hard questions after earnings delay + MORE May 7th
The mortgage lender will report first-quarter earnings Thursday after pushing the report back by more than a week
.... More »
Marijuana millionaires: The Canadian execs getting rich off the rally Feb 3rd
Dozens of key insiders have become multimillionaires within the past year as share prices have surged and the theoretical value of stock options has exploded, but the value of their dazzling fortunes can rise or fall by millions of dollars each day
.... More »
Enbridge, TransCanada shares recover from steep dive following U.S. tax ruling + MORE Mar 17th
CALGARY _ Shares in Canadian pipeline companies Enbridge Inc. and TransCanada Corp. are recovering from a steep sell-off Thursday after the U.S. eliminated a tax break for owners of certain interstate pipelines.
Both Calgary-based companies hold such pipelines in the United States through master lim.... More »
6 money lessons I wish I knew in my 20s + MORE Apr 28th
Introducing Making It, a new column in which writer Sandy Yong aims to help young adults get their financial footing.
Being in your early 20s is full of exciting milestones, but it can also be a nerve-wracking time. With so much to learn—from choosing a career path to renting your first apartme.... More »
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.
The amount of chatter that the Bank of Montreal’s mortgage rate cut generated this week is more proof that Canadians are not yet sick of talking about real estate. But it’s unclear how much of an effect the new 2.99 per cent five-year rate will have in terms of driving new buyers to the market.
Weekend Readings
– IntelligentSpeculator.net
It’s been fascinating to see the Ukraine crisis develop and I have been closely tracking the RSX etf that tracks the Russian market. It just feels like the downside is fairly small at this point… or is just me?Here are a few readings that might be of interest;)
General Readings
-Can the Bloomberg terminal be toppled? @ MattTurck
-The impossible quest for fair markets @ Muslings
Tech Stock Readings
-So you want to compete with Amazon @ A16Z
-The price of music ($P) @ Recode
-Bear hugging Android @ Bubba
-What’s next for messenging after WhatsApp @ techCrunch
-Twitter’s big problem @ WSJ
The post Weekend Readings appeared first on Intelligent Speculator.
Live blog: Quebec leader’s debate
– macleans.ca
Parti Quebecois leader Pauline Marois speaks to the media following the debate in Montreal on March 20, 2014.Quebec political leaders face off in their final debate Thursday before voters head to the polls on April 7. Maclean’s political editor Paul Wells will follow the action and will offer his thoughts here as the debate occurs. The debate runs from 8 p.m. to 10 p.m. EST.
8 p.m.
It’s kind of nutty how much the tension has gone up since the first debate only a week ago. Mostly because the polls suggest Philippe Couillard’s Liberals have overtaken Pauline Marois’s incumbent PQ. This unleashed the dogs of negative campaigning, and the past few days have seen all sorts of allegations of financial skullduggery going in every direction. It’s become a nasty campaign suddenly.
And yet in the first few minutes, this second-round debate is weirdly calm. It begins with Couillard facing François Legault, the leader of the upstart (and sputtering) Coalition Avenir Québec (CAQ)…
Markets in lull as investors watch for moves by China, shrug off upbeat US data
– canadianbusiness.com
TOKYO – Stock market trading was muted Friday in Asia as investors watched for moves by China to counter its economic slowdown.
Window dressing ahead of the fiscal year’s end helped Japanese shares rebound from early losses after the government reported household spending fell in February, suggesting consumer demand is not rising as much as expected ahead of an April 1 sales tax hike.
Japan’s Nikkei 225 stock index gained 0.4 per cent to close at 14,676.26. South Korea’s Kospi was almost unchanged at 1,978.82.
Expectations have been rising for more stimulus in China as growth has slowed to its weakest since the financial crisis.
With the focus on Asia, regional markets appeared to get little if any boost from figures suggesting a sustained recovery for the U.S. economy, which grew at a 2.6 per cent annualized rate in the October-December quarter, slightly more than previously estimated.
“Market sentiment is not too good,” said Linus Yip, a strategist at Shanghai Securities in Hong Kong, where small-cap Internet, environment and pharmaceutical shares could be headed for a correction, he said, given their relatively high valuations…
Window dressing ahead of the fiscal year’s end helped Japanese shares rebound from early losses after the government reported household spending fell in February, suggesting consumer demand is not rising as much as expected ahead of an April 1 sales tax hike.
Japan’s Nikkei 225 stock index gained 0.4 per cent to close at 14,676.26. South Korea’s Kospi was almost unchanged at 1,978.82.
Expectations have been rising for more stimulus in China as growth has slowed to its weakest since the financial crisis.
With the focus on Asia, regional markets appeared to get little if any boost from figures suggesting a sustained recovery for the U.S. economy, which grew at a 2.6 per cent annualized rate in the October-December quarter, slightly more than previously estimated.
“Market sentiment is not too good,” said Linus Yip, a strategist at Shanghai Securities in Hong Kong, where small-cap Internet, environment and pharmaceutical shares could be headed for a correction, he said, given their relatively high valuations…
