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
Who’s buying crypto in Canada, and why? + MORE Nov 19th
Despite crypto’s extreme volatility, nearly one in three Canadians (31%) said they planned to buy crypto assets in the next 12 months, according to a recent survey. And 11% said they definitely will.
The survey by the Ontario Securities Commission found that 13% of Canadians currently.... More »
How are you taxed when you sell a small business? + MORE Apr 11th
I recently sold my company last year for $160,000 and purchased it for $90,000 in 1997. Can you please help me with the tax on this? I have called CRA many times and no one knows this simple process.—Peter
The types of taxes you owe when selling a small business
Sorry you have been having tr.... More »
Best robo-advisors in Canada for 2026 + MORE Feb 11th
The name may be offputting, but robo-advisors occupy a key middle way in the investment landscape between do-it-yourself investing and having a live investment advisor. They will cost you a lot less than a commissioned or fee-for-service advisor and the often pricey investment products they recommen.... More »
TSX gains 173 points on earnings reports, oil prices + MORE Oct 23rd
Toronto’s main stock index racked up triple-digit gains on Thursday, encouraged by the beginning of earnings season and a rise in oil prices..... More »
Rio Tinto doubles first half earnings, adds $1-billion share buyback + MORE Aug 2nd
Global miner cites strong demand for industrial commodities
.... More »
In NYC, a $185M tunnel that leads to nowhere, for now; built for still-unfunded train tunnels
– canadianbusiness.com
NEW YORK, N.Y. – Taking shape on Manhattan’s West Side is a $185 million, federally funded tunnel that leads to nowhere, for now.
The 800-foot-long, 35-foot-deep concrete trench could someday lead to two new commuter rail tunnels under the Hudson River to New Jersey, if the billions needed to build them ever materialize.
The access tunnel is being built now because the massive Hudson Yards development with six skyscrapers, the tallest being 80 stories, will soon be built on top of it. Trying to dig such a huge trench through the bedrock after those buildings are completed, officials say, would be an engineering and financial nightmare.
U.S. Sen. Charles Schumer, D-N.Y., was among the lawmakers who pushed Congress to approve Superstorm Sandy relief money for the planned flood-resistant access tunnel, calling it mitigation to protect infrastructure from future storms. But he argued it would have to be built now because the skyscraper developers could not be delayed indefinitely…
The 800-foot-long, 35-foot-deep concrete trench could someday lead to two new commuter rail tunnels under the Hudson River to New Jersey, if the billions needed to build them ever materialize.
The access tunnel is being built now because the massive Hudson Yards development with six skyscrapers, the tallest being 80 stories, will soon be built on top of it. Trying to dig such a huge trench through the bedrock after those buildings are completed, officials say, would be an engineering and financial nightmare.
U.S. Sen. Charles Schumer, D-N.Y., was among the lawmakers who pushed Congress to approve Superstorm Sandy relief money for the planned flood-resistant access tunnel, calling it mitigation to protect infrastructure from future storms. But he argued it would have to be built now because the skyscraper developers could not be delayed indefinitely…
Asia shares fall on worries over Ukraine crisis; investors watching for US, China data
– canadianbusiness.com
TOKYO – Shares fell Monday in Asia as investors remained wary of mounting violence in Ukraine, while awaiting a raft of financial indicators due later in the week.
Japan’s benchmark Nikkei 225 stock index fell 1.2 per cent to 14,257.37, while Hong Kong’s Hang Seng Index was 0.4 per cent lower at22,142.16.
Shares in New Zealand, Taiwan, China, India and Singapore also fell, though South Korea’s Kospi added 0.2 per cent to 1,975.68 and Australia’s S&P ASX 200 gained 0.1 per cent to 5,534.30.
The U.S. was preparing to levy fresh sanctions against Russia for Moscow’s failure to uphold terms of an agreement with the U.S., the European Union and Ukraine that calls for Moscow to withdraw Russian forces from the border with Ukraine and encourage pro-Russian separatists to turn over buildings they’re occupying in eastern Ukraine.
Meanwhile, pro-Russian militants turned to kidnapping, taking dozens hostage, including journalists, pro-Ukraine activists and European military observers…
Japan’s benchmark Nikkei 225 stock index fell 1.2 per cent to 14,257.37, while Hong Kong’s Hang Seng Index was 0.4 per cent lower at22,142.16.
Shares in New Zealand, Taiwan, China, India and Singapore also fell, though South Korea’s Kospi added 0.2 per cent to 1,975.68 and Australia’s S&P ASX 200 gained 0.1 per cent to 5,534.30.
The U.S. was preparing to levy fresh sanctions against Russia for Moscow’s failure to uphold terms of an agreement with the U.S., the European Union and Ukraine that calls for Moscow to withdraw Russian forces from the border with Ukraine and encourage pro-Russian separatists to turn over buildings they’re occupying in eastern Ukraine.
Meanwhile, pro-Russian militants turned to kidnapping, taking dozens hostage, including journalists, pro-Ukraine activists and European military observers…
An uneasy relationship behind response to financial crash
– theglobeandmail.com
Finance Department and central bank clashed over merits of quantitative easing, policy and regulatory powers
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.
90 days – 1.60%
– 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.
