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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Trudeau's comments on social housing funds make Nenshi 'very, very, very happy' - CBC.ca Jan 21st
CBC.caTrudeau's comments on social housing funds make Nenshi 'very, very, very happy'CBC.caNaheed Nenshi says he's pleased by a potentially "unprecedented investment" in social housing promised by the prime minister, as Canada's big city mayors met in Ottawa Friday.... More »
Via Rail places $989M train order with Germany's Siemens instead of Bombardier Dec 12th
Via Rail has selected Germany's Siemens over Bombardier Inc. for a $989 million contract to build new rolling stock as the Canadian passenger rail service renews its fleet of locomotives and cars for the rail corridor between Quebec City and Windsor, Ont..... More »
Canadian seniors, watch out for these scams + MORE Mar 29th
You don’t have to be a senior to be aware that scams of all sorts abound in both the physical and—increasingly—the cyber world. Sadly, the rise of artificial intelligence (AI) has exacerbated frauds of all kinds. While anyone can fall prey to technology-enabled schemes to separate them from th.... More »
Making sense of the markets this week: August 16 Aug 14th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Come on, tax me. I’m Canadian.
Will taxes go up in Canada? How will we pay for the pandemic? There are many guesses and rumblings about upcoming tax hikes. In a previous p.... More »
MoneySense at the MoneyShow: Capital gains and ETF sessions + MORE Nov 15th
MoneySense is pleased invite readers to two virtual MoneyShow conferences:
Commercial Real Estate for the Private Investors on Wednesday, November 20
ETFs & Investing Strategies Canada Virtual Expo on Wednesday, November 27
Commercial Real Estate for the Private Investors
Join us .... More »
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.
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.
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.
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.
Stocks set for more volatility, long anticipated correction may have arrived
– canadianbusiness.com
North American stock markets are likely in for another dose of steep declines this week amid concerns about interest rates, geopolitical unrest and whether a lengthy bull market is set for a long-anticipated correction.
Markets plunged last week as the TSX fell 240 points or 1.55 per cent, leaving the index still up 11.8 per cent year to date. However, the Dow industrials dropped 467 points or 2.75 per cent this week, wiping out all gains year-to-date.
The selloff seemed to be triggered by data mid-week showing the American economy grew at a much better expected annualized pace of four per cent during the second quarter following a 2.1 per cent contraction in the January-March period. That raised concerns that the Fed could move on raising rates sooner than thought, despite the central bank reassuring markets that short-term rates will be ultra-low even after it ends its program of buying bonds, likely in October.
“The Fed is incredibly influential on markets,” said John Stephenson, president and CEO at Stephenson and Co…
Markets plunged last week as the TSX fell 240 points or 1.55 per cent, leaving the index still up 11.8 per cent year to date. However, the Dow industrials dropped 467 points or 2.75 per cent this week, wiping out all gains year-to-date.
The selloff seemed to be triggered by data mid-week showing the American economy grew at a much better expected annualized pace of four per cent during the second quarter following a 2.1 per cent contraction in the January-March period. That raised concerns that the Fed could move on raising rates sooner than thought, despite the central bank reassuring markets that short-term rates will be ultra-low even after it ends its program of buying bonds, likely in October.
“The Fed is incredibly influential on markets,” said John Stephenson, president and CEO at Stephenson and Co…
