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.
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CBC.caFacebook's rise in profits, users shows resilience after scandalsCBC.caFacebook Inc. shares rose on Wednesday after the social network reported revenue that beat Wall Street estimates, showing no initial impact on its lucrative ad business from a scandal over the handling of personal data.... More »
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Stock markets to be guided by heavy slate of corporate earnings reports
– canadianbusiness.com
TORONTO – Earnings will be front and centre on North American stock markets this week.
Geopolitical concerns will also continue to cast a shadow after a Malaysian Airlines plane was shot down by a missile in Ukraine last Thursday, while Israel ramped up its fight against Hamas militants last week in launching an offensive in Gaza.
The TSX had a positive week, rising 141 points or 0.93 per cent with gains led by the gold and financials sector. But industrials were also strong in the wake of a solid quarterly earnings report late in the week from Canadian Pacific Railway (TSX:CP), which beat expectations.
The sector was also supported by Canadian National Railway (TSX:CNR), which ran ahead in advance of the release of its earnings on Monday. Investors are expecting a similarly strong performance from CN as both railways benefit from clearing a huge grain backlog and transporting increasing amounts of Canadian and U.S. crude by rail.
“You have all this new supply that can come online but how are you going to move it around?” said Gareth Watson, vice-president, investment management and research, Richardson GMP Ltd…
Geopolitical concerns will also continue to cast a shadow after a Malaysian Airlines plane was shot down by a missile in Ukraine last Thursday, while Israel ramped up its fight against Hamas militants last week in launching an offensive in Gaza.
The TSX had a positive week, rising 141 points or 0.93 per cent with gains led by the gold and financials sector. But industrials were also strong in the wake of a solid quarterly earnings report late in the week from Canadian Pacific Railway (TSX:CP), which beat expectations.
The sector was also supported by Canadian National Railway (TSX:CNR), which ran ahead in advance of the release of its earnings on Monday. Investors are expecting a similarly strong performance from CN as both railways benefit from clearing a huge grain backlog and transporting increasing amounts of Canadian and U.S. crude by rail.
“You have all this new supply that can come online but how are you going to move it around?” said Gareth Watson, vice-president, investment management and research, Richardson GMP Ltd…
60 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.
Jon Gnarr, Iceland’s most unlikely of mayors
– macleans.ca
GNARR! HOW I BECAME THE MAYOR OF A LARGE CITY IN ICELAND AND CHANGED THE WORLD
By Jon Gnarr
It will come as no surprise to Canadians that a standup comic could become mayor of a city. So it was with Jon Gnarr: in the wake of the financial crisis that devastated Iceland, he became mayor of its largest city and capital, Reykjavik. Had it not been for massive loans from its Scandinavian neighbours and the IMF, a country that had enjoyed one of the highest standards of living in the world before 2008 would have gone bankrupt.
It’s a tale that reads more like fiction than economic history. Gnarr created the Best Party as a joke in 2009. Joining him were other anti-politicians who shared his goal of satirizing Icelandic politics (and by extension politics everywhere). Until then, Gnarr had described himself as an “anarchist.”
Great was the shock when the party was elected in 2010 on a platform of free towels at swimming pools and a “drug-free Parliament by 2020.” He declared he wouldn’t enter into a coalition with anyone who had not watched his favourite TV show, The Wire, and swore he’d break all campaign promises, though he did hold himself to his vow to step down in June 2014…
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.
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.
