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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Will Archbishop of Canterbury's residential school apology include any of Church of England's $13B in assets? - CBC.ca May 2nd
Will Archbishop of Canterbury's residential school apology include any of Church of England's $13B in assets? CBC.caResidential school survivor says weight "lifted" after Anglican church apology Global NewsArchbishop of Canterbury addresses reconciliation during service in Sask.... More »
Is taking on debt always bad? Or is there such a thing as ‘good debt’? Sep 5th
Not all debt is bad. Good debt is when you borrow money to buy assets that tend to increase in value over time, which can help build wealth..... More »
Why You Should Make ‘Career Cushioning’ Part of Your Job This Year + MORE Feb 1st
Have you ever casually browsed job boards, just to see what’s out there? Taken a recruiter’s call, even though you’re not sure you want to leave your current role anytime soon? Started a side hustle because it never hurts to have a Plan B? Congratulations, you were “career cushioning”—wh.... More »
Spring housing market heats up in Toronto, Vancouver, realtors say + MORE Mar 10th
TORONTO – Rock-bottom interest rates, a scarcity of supply and growing demand from millennials and wealthy immigrants have fuelled a strong start to the spring real estate season in Toronto and Vancouver.
“Spring has come early for both Toronto and Vancouver,” said Sal Guatieri, a.... More »
$4.6-billion power station to supply data centre near Edmonton gets green light - Financial Post Jul 2nd
$4.6-billion power station to supply data centre near Edmonton gets green light Financial PostCounty north of Edmonton approved to host energy generator for potential AI data centre CTV NewsPembina, partners go ahead with gas plant for data centre north of Edmonton C.... More »
TSX slips after US jobs report; miners gain – Reuters Canada
– news.google.ca
Lethbridge HeraldTSX slips after US jobs report; miners gainReuters CanadaBy John Tilak. TORONTO (Reuters) – Canada's main stock index declined in choppy trading on Friday as investors tried to gauge the impact of a sluggish U.S. jobs report on the Federal Reserve's plans to raise interest rates. The Toronto market extended its …Stock markets resume sell off amid relatively strong US jobs dataCTV NewsGold stocks help support Toronto stock market, US jobs data misses forecastsLethbridge HeraldNorth American stocks look to extend sharp losses amid US job dataStockhouseall 49 news articles »
US markets retreat a day after a huge drop; S&P 500 on pace for its worst week of 2014
– canadianbusiness.com
NEW YORK, N.Y. – U.S. markets are moving lower, extending a major sell-off from the day before.
Energy stocks fell the most after Chevron reported weaker oil and gas production. Exxon Mobil had reported disappointing production figures the day before.
The Dow Jones industrial average lost 110 points, or 0.7 per cent, to 16,454 as of noon Eastern time. The blue-chip index lost 317 points the day before, its biggest one-day drop since February.
The Standard & Poor’s 500 index fell 12 points, or 0.7 per cent, to 1,918 and the Nasdaq composite fell 39 points, or 0.9 per cent, to 4,329.
The S&P 500 index is down 3 per cent for the week and is heading for its worst week of the year.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.49 per cent.
The post US markets retreat a day after a huge drop; S&P 500 on pace for its worst week of 2014 appeared first on Canadian Business.
Energy stocks fell the most after Chevron reported weaker oil and gas production. Exxon Mobil had reported disappointing production figures the day before.
The Dow Jones industrial average lost 110 points, or 0.7 per cent, to 16,454 as of noon Eastern time. The blue-chip index lost 317 points the day before, its biggest one-day drop since February.
The Standard & Poor’s 500 index fell 12 points, or 0.7 per cent, to 1,918 and the Nasdaq composite fell 39 points, or 0.9 per cent, to 4,329.
The S&P 500 index is down 3 per cent for the week and is heading for its worst week of the year.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.49 per cent.
The post US markets retreat a day after a huge drop; S&P 500 on pace for its worst week of 2014 appeared first on Canadian Business.
The financial press in nearly universal agreement: Argentina is in default, and the fault is all on Argentina’s side. But Don Pittis doesn’t see it that way.
CTV NewsBC chief gets $900000 in pay, nearly three times what PM makesCTV NewsA B.C. chief is attracting attention after his salary became public knowledge under the new First Nations Financial Transparency Act. As head of the Kwikwetlem First Nation, Ron Giesbrecht received $915,000. The salary is tax-free. And it far exceeds other …John Ivison: Ron Giesbrecht, chief of 80 member Kwikwetlem First Nation …National PostSmall band's leader salary nearly one million dollars660 NewsChief SalariesNews Talk Sports AM 1150StarPhoenix -Vancouver Sunall 64 news articles »
US consumer sentiment edges down to 81.8 reading in July reflecting lower future expectations
– canadianbusiness.com
WASHINGTON – A measure of U.S. consumer confidence slipped in July although it remained at levels signalling further gains in consumer spending.
The University of Michigan said Friday that its index of consumer sentiment edged down to 81.8 in July from 82.3 in June. The index of consumers’ assessment of current conditions rose but the index for expectations dipped slightly from the June reading.
Survey director Richard Curtin said that consumers have yet to interpret the recent gains in jobs and wages as a sign of more robust hiring and economic growth in the future.
“The slow and uneven pace of the recovery in jobs and incomes during the past five years has made consumers unwilling to put much stock in favourable economic forecasts,” Curtin said.
The final reading for the sentiment gauge for July was a slight improvement over a preliminary reading of 81.3.
The July performance of the Michigan index was at odds with the July survey of consumer sentiment from the Conference Board…
The University of Michigan said Friday that its index of consumer sentiment edged down to 81.8 in July from 82.3 in June. The index of consumers’ assessment of current conditions rose but the index for expectations dipped slightly from the June reading.
Survey director Richard Curtin said that consumers have yet to interpret the recent gains in jobs and wages as a sign of more robust hiring and economic growth in the future.
“The slow and uneven pace of the recovery in jobs and incomes during the past five years has made consumers unwilling to put much stock in favourable economic forecasts,” Curtin said.
The final reading for the sentiment gauge for July was a slight improvement over a preliminary reading of 81.3.
The July performance of the Michigan index was at odds with the July survey of consumer sentiment from the Conference Board…
