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
TSX ends higher on oil prices, US data - Reuters Canada + MORE Nov 5th
Financial PostTSX ends higher on oil prices, US dataReuters CanadaTORONTO (Reuters) - Canada's main stock index ended higher on Wednesday as a rebound in oil prices and upbeat U.S. economic data fueled a jump in the languishing energy sector. The Toronto Stock Exchange's S&P/TSX compos.... More »
Make these personal financial issues election issues in 2015 + MORE Sep 20th
Learn, save, invest and prosper by subscribing to My Own Advisor.
Time to get political on My Own Advisor. Who doesn’t like a little bit of controversy? This is hopefully a healthy debate, so let’s get into it. Our federal election is coming up and I think it’s time to make the.... More »
South Korean cargo ship sits off B.C. coast after company’s financial woes + MORE Sep 1st
PRINCE RUPERT, B.C. – The Port of Prince Rupert says a large container ship is sitting idly in the waters off British Columbia’s northwest coast because the South Korean company that owns the vessel is having financial trouble.
The 255-metre long Hanjin Scarlet arrived at the port Tuesda.... More »
JPMorgan making big profits by flipping cargo vessels + MORE Nov 19th
The investment bank is the biggest buyer of second-hand cargo freighters this year, having purchased 12 ships for $250-million. In an industry where rates can fluctuate wildly, 'If you have ships ready to take advantage of the spot market, you can make a lot of money'
.... More »
Feds seek input on shifting some mortgage default risk from taxpayers to banks - CanadianBusiness.com + MORE Oct 21st
The Globe and MailFeds seek input on shifting some mortgage default risk from taxpayers to banksCanadianBusiness.comOTTAWA – The federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to insured mortgages from the sho.... More »
Are you paying your adviser too much?
– moneysense.ca
New rules mean financial advisers have to be more forthcoming with information about what you’re paying to invest with them and how well your investments are performing; shifting the onus on investors to get more for their money.Play: Stefania Di Verdi outlines the new rules on 680 News’ with Mike Eppel
MORE ON THIS TOPIC: New transparency rules for advisers coming »
The post Are you paying your adviser too much? appeared first on MoneySense.
Key Canada Events: Week of Sept. 8-12
– blogs.wsj.com
This week, we’ll be watching for housing starts and household debt data. On the earnings front, we’ll see results from grocer Empire Co. and retailers Dollarama Inc. and Hudson’s Bay Co.
TSX lower amid uncertainty on Scottish referendum – CTV News
– news.google.ca
CTV NewsTSX lower amid uncertainty on Scottish referendumCTV NewsTORONTO — The Toronto stock market closed lower Monday as weak Chinese trade data depressed oil prices and energy stocks, and markets started to factor in the possibility of a win for Scottish independence forces. The S&P/TSX composite index dropped …TSX ends lower, oil price dip hurts energy stocksReuters CanadaTSX lower amid uncertainty on Scottish referendum, lacklustre Chinese trade dataTimes Colonist2 Simple Reasons to Prefer Canadian National Railway Company Over …The Motley Fool CanadaNASDAQ -The Globe and Mail -Financial Postall 37 news articles »
Alaska Railroad Corp. reports revenue growth despite decline in petroleum, coal shipments
– canadianbusiness.com
FAIRBANKS, Alaska – The Alaska Railroad Corp. is reporting revenue growth of more than 4 per cent in the last fiscal year, despite declines in petroleum and coal shipments.
Railroad revenue rose 4.3 per cent between July 2013 and July 2014, the Fairbanks Daily News-Miner (http://is.gd/hLI5Wa) reported. Most of the increase is credited to freight shipments, with the rest coming from passenger and real estate gains.
Most of the boost in freight shipment is attributed to Alaska Rail Marine. Shipments in the weekly barge service rose nearly 30 per cent from 2013. Revenues from passengers rose nearly 11 per cent.
The boost in revenue comes at a time of significant decline in transporting Flint Hills Resources petroleum products. There also has been a slight decrease in coal shipments.
Usibelli Coal Mine spokesman Rob Brown blamed a difficult export market for a rail-transport decline of roughly 10 per cent. Exports account for about 40 per cent of the coal mine’s market, according to Brown…
Railroad revenue rose 4.3 per cent between July 2013 and July 2014, the Fairbanks Daily News-Miner (http://is.gd/hLI5Wa) reported. Most of the increase is credited to freight shipments, with the rest coming from passenger and real estate gains.
Most of the boost in freight shipment is attributed to Alaska Rail Marine. Shipments in the weekly barge service rose nearly 30 per cent from 2013. Revenues from passengers rose nearly 11 per cent.
The boost in revenue comes at a time of significant decline in transporting Flint Hills Resources petroleum products. There also has been a slight decrease in coal shipments.
Usibelli Coal Mine spokesman Rob Brown blamed a difficult export market for a rail-transport decline of roughly 10 per cent. Exports account for about 40 per cent of the coal mine’s market, according to Brown…
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.
