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
40 days - 2.75% + MORE Apr 3rd
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 »
Should you join your money with your honey? Jun 3rd
Joint accounts can help you plan your financial future..... More »
Shell defends BG deal in time of low oil prices, promises $1 billion in savings + MORE Nov 3rd
LONDON – Royal Dutch Shell outlined Tuesday its strategy for making its merger with BG profitable in a world with falling oil prices, revealing another $1 billion in cost savings from the deal.
Chief Executive Officer Ben van Beurden said cost savings for the deal are now expected to be $2 bil.... More »
Questrade trading fees: Good news for Canadian investors Feb 12th
With a TV ad aired during the 2025 Super Bowl on February 9, digital brokerage Questrade has announced it will offer commission-free stock and exchange-traded fund (ETF) trades henceforward. That brings to three the number of 0% commission investment brokers available to Canadians, along with Wealth.... More »
How to manage multiple investment accounts + MORE Aug 13th
Model portfolios like those I recommend are ideal for investors who have a single RRSP account. But life isn’t so simple once you’ve accumulated a significant portfolio: chances are you’ll be managing two or three accounts, and if you have a spouse there may well be a few more.
In most cases, .... More »
Key Canada Events: Week of May 26-30
– blogs.wsj.com
On tap this week, three of Canada’s “Big 5″ banks will report second-quarter results, closing out earnings season for Canada’s big lenders. The latest read on GDP comes Friday.
Canadian dollar higher, American markets closed for Memorial Day holiday
– canadianbusiness.com
TORONTO – The Canadian dollar was slightly higher Monday in a relatively quiet session with American financial markets closed for the Memorial Day holiday.
The loonie moved ahead 0.06 of a cent to 92.06 cents US.
Although it is quiet on the Canadian economic front, there are major items coming up later in the week.
Statistics Canada releases the latest gross domestic reading for March and the first quarter on Friday. Economists are looking for an annualized rise of 1.7 per cent for the quarter and 0.1 per cent for the month.
And traders will be looking for the latest U.S. growth data to see if the American economy actually contracted in the first quarter. The first revision to U.S. gross domestic product data will be released on Thursday. The initial report showed growth coming in at a paltry 0.1 per cent as severe winter weather impacted the economy. But markets are braced for a worse reading.
Commodity markets were closed in New York but crude moved higher in electronic trading with the July contract down 28 cents to US$104…
The loonie moved ahead 0.06 of a cent to 92.06 cents US.
Although it is quiet on the Canadian economic front, there are major items coming up later in the week.
Statistics Canada releases the latest gross domestic reading for March and the first quarter on Friday. Economists are looking for an annualized rise of 1.7 per cent for the quarter and 0.1 per cent for the month.
And traders will be looking for the latest U.S. growth data to see if the American economy actually contracted in the first quarter. The first revision to U.S. gross domestic product data will be released on Thursday. The initial report showed growth coming in at a paltry 0.1 per cent as severe winter weather impacted the economy. But markets are braced for a worse reading.
Commodity markets were closed in New York but crude moved higher in electronic trading with the July contract down 28 cents to US$104…
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.
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.
TSX heads for flat open, N.Y closed for Memorial Day; traders look to bank earns
– canadianbusiness.com
TORONTO – The Toronto stock market looked set for a flat open in what will likely be a quiet session with New York markets closed for the U.S. Memorial Day holiday.
The Canadian dollar rose 0.07 of a cent to 92.07 cents US.
European markets ran ahead after Ukraine’s new president-elect promised to negotiate an end to a pro-Russia insurgency in the east and saying he was willing to begin talks with Moscow. The offer from 48-year-old chocolate magnate Petro Poroshenko raised hopes that his election will indeed ease the protracted crisis that has fuelled tensions unseen since the end of the Cold War.
Also, European Central Bank President Mario Draghi said the bank could engage in large-scale bond purchases to combat the negative spiral of low inflation if need be.
Draghi’s remarks at a conference in Sintra, Portugal, held out the prospect for action to stimulate the weak recovery at the ECB’s next governing council meeting June 5.
The meeting will take place against the background of a slow recovery in the 18 countries that share the euro currency and concern that Europe may fall into outright deflation, or a crippling downward price spiral…
The Canadian dollar rose 0.07 of a cent to 92.07 cents US.
European markets ran ahead after Ukraine’s new president-elect promised to negotiate an end to a pro-Russia insurgency in the east and saying he was willing to begin talks with Moscow. The offer from 48-year-old chocolate magnate Petro Poroshenko raised hopes that his election will indeed ease the protracted crisis that has fuelled tensions unseen since the end of the Cold War.
Also, European Central Bank President Mario Draghi said the bank could engage in large-scale bond purchases to combat the negative spiral of low inflation if need be.
Draghi’s remarks at a conference in Sintra, Portugal, held out the prospect for action to stimulate the weak recovery at the ECB’s next governing council meeting June 5.
The meeting will take place against the background of a slow recovery in the 18 countries that share the euro currency and concern that Europe may fall into outright deflation, or a crippling downward price spiral…
