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
Royal Bank implements technology that can identify a client based on their voice + MORE Oct 4th
TORONTO – Phone passwords and security questions could soon become obsolete as financial institutions race to implement technology that can verify a client’s identity based on the characteristics of their voice.
After a successful pilot project last summer, Royal Bank (TSX:RBC) is rollin.... More »
2023 tax credits, due dates and when you can file: Your 2023 income tax return guide Dec 29th
You’ll want to bookmark the MoneySense guide for 2023 personal income taxes. We will be updating it frequently, as information becomes available and deadlines approach. Plus, we get answers from the experts you won’t find anywhere else, thanks to our Ask MoneySense and Ask A Planner columns.&nbs.... More »
Selling a cottage to a family member: What that means for capital gains Jul 18th
AskMoneySense
I shared a cottage property with my brother. I sold my half to my half to my niece. Do I have to pay capital gains tax? If so, how do you calculate this? How do you determine the adjusted cost base? What expenses can be applied?
—Terry
What happens when you sell your cottage t.... More »
Nine TSX stocks that combine price momentum, fundamental growth + MORE Mar 9th
These companies show positive price momentum supported by fundamental growth and profitability
.... More »
China issues blueprint for state industry overhaul that would retain ruling party dominance + MORE Sep 14th
BEIJING, China – China’s Communist Party has issued a long-awaited blueprint for overhauling bloated state industries that would retain the party’s dominance in the economy.
The plan comes at a time when the government of President Xi Jinping is under pressure to reverse an economi.... More »
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.
A well-known proponent of the electronic currency bitcoin agreed to pay nearly US$51,000 to settle U.S. Securities and Exchange Commission civil charges that he publicly offered unregistered shares in two Internet ventures, the regulator said on Tuesday.
Hudson’s Bay Company is reporting first-quarter net earnings of $176 million and boosted its retail sales to $1.85 billion in the post-holiday period.
Stock pick: D.R. Horton Inc. (DHI) rebuilds along with the U.S. housing market
– canadianbusiness.com
A lot of U.S. housing stocks have skyrocketed as the American recovery has taken hold, but there are still some companies in this sector that will continue to climb. One business to watch is Fort Worth’s D.R. Horton Inc. (NYSE: DHI), the largest homebuilder in the States.
Since Sept 2011, the company’s stock has risen by 149%, but returns have since slowed — it’s down 7.2% over the last 12 months — giving investors a good opportunity to buy in.
On May 29, Robert Wetenhall, an analyst with RBC Capital Markets, upgraded D.R. Horton from a sector perform to outperform. He likes the company’s focus on first-time homebuyers, which is a segment that’s growing in the markets it’s operating in.
About 31% of its lots are in South Central America, with most of that in Texas. “The Texas market is seeing the return of the first-time homebuyer in response to strong job growth, which provides Dr. Horton with a volume tailwind,” he wrote in his latest report.
It’s also shifted its business model somewhat…
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.
