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
Tesla Stock Is Falling as Trump-Musk Feud Escalates. Where It Goes Next. - Barron's Jul 1st
Tesla Stock Is Falling as Trump-Musk Feud Escalates. Where It Goes Next. Barron'sElon Musk just made his starkest political threat since the election CNNTrump threatens to set Doge on Musk as pair feud again over budget plan BBCElon Musk and Donald Trump are fighting.... More »
3 Canadian stock to own in Feb 2022 Feb 1st
Many popular growth stocks have fallen more than 20 percent or more over the past few weeks. However, assuming a company’s business is intact, volatility over the short term could turn into long-term wealth if investors keep a level head.
If you’re trying to take advantage of this drop.... More »
China pledges to expand financial market opening as U.S. trade delegation arrives Mar 28th
China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang says, as senior U.S. officials arrived in Beijing for more trade talks..... More »
SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI vision - Reuters May 21st
SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI vision ReutersSpaceX files for stock market debut that could make Elon Musk a trillionaire BBCSpaceX, OpenAI valuations would mean they leapfrog Berkshire Hathaway on first day of trading CNBCSpaceX is cap.... More »
Enerplus to sell some of its Alberta natural gas property for $198 million + MORE Jan 12th
CALGARY – Enerplus Corp. (TSX:ERF) is selling some of its Alberta natural gas assets for about $193 million.
The Calgary-based company says the properties were projected to contribute the equivalent of 5,400 barrels per day of production in 2016, almost all in the form of natural gas.
In the f.... More »
Markit rises in early trading after company expands its IPO and offering prices at $1.28B
– canadianbusiness.com
NEW YORK, N.Y. – Shares of Markit jumped after the financial information company’s initial public offering raised $1.28 billion.
Markit increased its offering to 53.5 million shares from 45.7 million shares, and the IPO was priced at $24 a share.
All of the shares are being sold by company stockholders, so Markit won’t get any of the proceeds from the IPO.
The stock rose $2.64, or 11 per cent, to $26.64 in late morning trading Thursday on the Nasdaq stock market.
The underwriters of the IPO can buy another 8 million shares to cover over allotments.
Markit Ltd. is the world’s largest provider of bond information and derivatives trade processing. The company says it has more than 3,000 customers including banks, hedge funds, asset managers, accounting firms, regulators, corporations, and central banks.
Markit is incorporated in Bermuda and has its headquarters in London.
The post Markit rises in early trading after company expands its IPO and offering prices at $1…
Markit increased its offering to 53.5 million shares from 45.7 million shares, and the IPO was priced at $24 a share.
All of the shares are being sold by company stockholders, so Markit won’t get any of the proceeds from the IPO.
The stock rose $2.64, or 11 per cent, to $26.64 in late morning trading Thursday on the Nasdaq stock market.
The underwriters of the IPO can buy another 8 million shares to cover over allotments.
Markit Ltd. is the world’s largest provider of bond information and derivatives trade processing. The company says it has more than 3,000 customers including banks, hedge funds, asset managers, accounting firms, regulators, corporations, and central banks.
Markit is incorporated in Bermuda and has its headquarters in London.
The post Markit rises in early trading after company expands its IPO and offering prices at $1…
Mortgage debt growth slowed: Statistics Canada
– macleans.ca
OTTAWA – Statistics Canada says mortgage debt at the end of the first quarter was up by 0.6 per cent from the previous quarter, the slowest pace of growth since early 2009.
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
BlackBerry unveils new phone and reverses financial plunge with $23m profit – Toronto Star
– news.google.ca
Toronto StarBlackBerry unveils new phone and reverses financial plunge with $23m profitToronto StarWATERLOO— BlackBerry Ltd. has unveiled a QWERTY smartphone called the Passport to be launched at an event in London in September. “It's either the world's smallest phablet or its biggest smartphone,” chief executive John Chen said as he showed off …BlackBerry Says Growth in Sight as Turnaround Takes HoldBloombergBlackBerry gains access to Amazon's 240000 appsStarPhoenixBlackBerry shares rise 11% after unexpected profitCBC.caPC Magazine -Business Standard -New Zealand Heraldall 713 news articles »
Top links: High CEO pay linked to bad stock performance
– theglobeandmail.com
A roundup of what our market strategist is reading on the web this morning
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
