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
Is Wealthsimple’s new Physical Gold Trading worth it? Dec 17th
Gold prices hit a new all-time high of $4,379 USD per ounce in October. At the time, we covered the move with a comprehensive guide on the different ways investors can gain exposure to gold. The takeaway was straightforward: if your goal is portfolio diversification, owning gold through an exchange-.... More »
MSCI delays adding Chinese stocks to emerging markets index + MORE Jun 14th
Global stock benchmark provider MSCI has decided to delay including stocks listed in mainland China in its widely followed Emerging Markets Index, saying China has to take further steps toward making its market more accessible and closer to international standards.
MSCI said Tuesday that while Chine.... More »
Could you become a millionaire by investing the minimum wage hike? + MORE Jan 23rd
(Shutterstock)
Ontario Premier Kathleen Wynne increased the minimum wage from $11.60 per hour to $14.00 per hour on January 1, 2018. The rate will rise to $15.00 on January 1, 2019, meaning a 29% total increase. Besides Alberta and the territories, the other Canadian provinces have minimum wages of .... More »
Why companies flush with tax-cut cash are spending more on share buybacks than wage hikes Aug 4th
Corporate earnings are on track for their best year ever, but at least some of the corresponding rise in stock prices is because of buybacks — a piece of financial alchemy that critics say has a downside..... More »
EIA Crude Draw Arrests Oil Price Crash | OilPrice.com - OilPrice.com May 8th
EIA Crude Draw Arrests Oil Price Crash | OilPrice.com OilPrice.comOil steady near $70 as China demand offsets concerns about trade Yahoo Canada FinanceOil ends at lowest in a month on trade concerns, high U.S crude supplies The Globe and MailOil imbroglio .... More »
30 days – 1.50%
– 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.
120 days – 1.70%
– 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.
New centre will allow retailers to share information about cybercrimes, potential threats
– canadianbusiness.com
NEW YORK, N.Y. – Some of the country’s largest retailers are banding together in hopes of protecting consumers’ personal and financial information from hackers and thieves.
The Retail Industry Leaders Association, along with several top retailers ranging from Gap Inc. to Walgreen Co., on Wednesday launched an intelligence sharing centre focused on the prevention of cybercrimes against retailers.
RILA says the centre will allow retailers to share information about data breaches and potential threats and also inform members of law enforcement and industry analysts.
Other participating retailers include Nike Inc., Lowes Cos. and Target Corp., which was hit with a massive data breach at the height of last year’s holiday shopping season. The incident touched millions of Americans who shop at the retailer’s stores and shined a spotlight on the growing problem of cybercrime.
The post New centre will allow retailers to share information about cybercrimes, potential threats appeared first on Canadian Business.
The Retail Industry Leaders Association, along with several top retailers ranging from Gap Inc. to Walgreen Co., on Wednesday launched an intelligence sharing centre focused on the prevention of cybercrimes against retailers.
RILA says the centre will allow retailers to share information about data breaches and potential threats and also inform members of law enforcement and industry analysts.
Other participating retailers include Nike Inc., Lowes Cos. and Target Corp., which was hit with a massive data breach at the height of last year’s holiday shopping season. The incident touched millions of Americans who shop at the retailer’s stores and shined a spotlight on the growing problem of cybercrime.
The post New centre will allow retailers to share information about cybercrimes, potential threats appeared first on Canadian Business.
Ultimate Sustainable Dividend Portfolio – May 2014 Update – New Record!!
– IntelligentSpeculator.net
In September 2011, I did some in-depth research to find long term sustainable dividend stocks and have been doing updates on this Ultimate Sustainable dividend portfolio since then in the attempt to show how well such a portfolio can perform over the long term. I would personally say that things have been going very well and will certainly continue to evolve. I do have a few more things planned which I will discuss in the near future.The USDP is obviously a critical part of my now very public quest to replace my job income with passive income. you can see my most recent update here.
The past month has been a great one with the overall markets doing very well. I’ll also be trading for the USDP in the coming days and have more about that later in this post. I’ll be looking for 1-2 new stocks and will be going through the process in the newsletter in the next few days.
If ever you would like to receive those types of updates, please join, it’s free:
Keep in mind that this portfolio was built by selecting 20 stocks out of thousands…
US jury finds Hyundai responsible for crash that killed 3, orders $240M in punitive damages
– canadianbusiness.com
POLSON, Mont. – A jury has ordered Hyundai to pay $240 million in punitive damages after finding that a manufacturing defect in a Hyundai vehicle caused a crash that killed two cousins in July 2011.
Lake County jurors late Tuesday awarded actual damages of $1 million to each parent and $500,000 to each sibling of 19-year-old Trevor Olson and 14-year-old Tanner Olson, who died in the head-on crash. Jurors also ruled Trevor Olson’s estate should receive $2.6 million for lost earnings.
It’s unclear if the punitive damages will stand. Montana has a $10 million cap on such damages, but that’s being challenged after a District Court judge in Butte ruled it wasn’t high enough to deter future wrongdoing by wealthy companies.
Hyundai Motor America released a statement Wednesday saying the verdict was mistaken and it planned an immediate appeal.
The post US jury finds Hyundai responsible for crash that killed 3, orders $240M in punitive damages appeared first on Canadian Business.
Lake County jurors late Tuesday awarded actual damages of $1 million to each parent and $500,000 to each sibling of 19-year-old Trevor Olson and 14-year-old Tanner Olson, who died in the head-on crash. Jurors also ruled Trevor Olson’s estate should receive $2.6 million for lost earnings.
It’s unclear if the punitive damages will stand. Montana has a $10 million cap on such damages, but that’s being challenged after a District Court judge in Butte ruled it wasn’t high enough to deter future wrongdoing by wealthy companies.
Hyundai Motor America released a statement Wednesday saying the verdict was mistaken and it planned an immediate appeal.
The post US jury finds Hyundai responsible for crash that killed 3, orders $240M in punitive damages appeared first on Canadian Business.
