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
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Stock markets opt for caution ahead of U.S. economic data, corporate earnings
– canadianbusiness.com
The Toronto stock market will likely start the week off little changed as traders look for reassurance that the American economy’s sharp first-quarter contraction was a blip due to severe weather and that growth should come in strongly in the April-June period.
Traders are awaiting two key reports in the U.S. this week — the Institute for Supply Management’s June reading on the manufacturing sector, which is being released on Tuesday, and the government’s employment report for June, out Thursday.
In addition, investors are anxious to see the run of second-quarter earnings from corporate America that will start coming down the pipe in early July.
“I think that’s what investors are waiting for,” said Sid Mokhtari, market technician at CIBC World Markets.
“If the results are not that good, we will get some sort of a negative response from the equity markets.”
The Toronto market ended last week with a slight loss, down 14 points as investors opted for caution amid doubts about the pace of growth in the American economy…
Traders are awaiting two key reports in the U.S. this week — the Institute for Supply Management’s June reading on the manufacturing sector, which is being released on Tuesday, and the government’s employment report for June, out Thursday.
In addition, investors are anxious to see the run of second-quarter earnings from corporate America that will start coming down the pipe in early July.
“I think that’s what investors are waiting for,” said Sid Mokhtari, market technician at CIBC World Markets.
“If the results are not that good, we will get some sort of a negative response from the equity markets.”
The Toronto market ended last week with a slight loss, down 14 points as investors opted for caution amid doubts about the pace of growth in the American economy…
Hong Kong democracy vote that left Beijing fuming winds down with big turnout
– canadianbusiness.com
HONG KONG – An informal referendum aimed at bolstering support for greater democracy in Hong Kong wound down Sunday after drawing nearly 800,000 votes and the ire of Beijing, which denounced it as a political farce.
Hong Kongers used the straw poll to express their desire for greater say in choosing their leader.
The vote is part of a campaign by activists in the southern Chinese city to ratchet up the pressure on authorities for democratic reform that could ultimately lead to a mass protest paralyzing the city’s financial district.
Hong Kong, a freewheeling capitalist enclave of 7.2 million, passed from British to Chinese control in 1997 with the promise that it could retain a high degree of control over its own affairs under the principle of “one country, two systems.”
Beijing has pledged to allow Hong Kongers to elect their next leader in 2017, but is balking at letting them nominate candidates. China’s communist leaders instead insist all candidates must be vetted by a Beijing-friendly committee, like the one that has handpicked the city’s leaders since British rule ended…
Hong Kongers used the straw poll to express their desire for greater say in choosing their leader.
The vote is part of a campaign by activists in the southern Chinese city to ratchet up the pressure on authorities for democratic reform that could ultimately lead to a mass protest paralyzing the city’s financial district.
Hong Kong, a freewheeling capitalist enclave of 7.2 million, passed from British to Chinese control in 1997 with the promise that it could retain a high degree of control over its own affairs under the principle of “one country, two systems.”
Beijing has pledged to allow Hong Kongers to elect their next leader in 2017, but is balking at letting them nominate candidates. China’s communist leaders instead insist all candidates must be vetted by a Beijing-friendly committee, like the one that has handpicked the city’s leaders since British rule ended…
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-05-31. Click on the link above to get more details or apply online.
30 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.
90 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.
