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
Making sense of the markets this week: April 17 + MORE Apr 14th
Million Dollar Journey editor and Canadian Financial Summit founder Kyle Prevost shares financial headlines and offers context for Canadian investors.
If a TFSA and an RRSP had a child: The new FHSA
As part of the 2022 budget, the government unveiled its new tax-free first home savings account.... More »
Calum Marsh: As coronavirus panic mounts, grocery shopping starts to look apocalyptic - National Post Mar 13th
Calum Marsh: As coronavirus panic mounts, grocery shopping starts to look apocalyptic National Post'It's crazy': Customers crowd Winnipeg grocery stores in wake of COVID-19 pandemic CTV NewsCoronavirus fears prompt Londoners to stock up at Costco Global NewsStores se.... More »
Terminal operator announces agreement with proposed Cape Breton harbour facility + MORE Dec 13th
SYDNEY, N.S. — The biggest terminal operator in North America has signed a deal to work with Sydney harbour to develop and operate a marine container facility proposed for the Cape Breton community.
Ports America says in a news release it would manage and operate the Novaporte terminal for 40 year.... More »
CIBC hikes dividend despite 11 per cent profit drop + MORE Feb 28th
The Canadian Imperial Bank of Commerce hiked its dividend as it reported its first-quarter profit fell 11 per cent to $1.18 billion, missing expectations..... More »
Markets welcome G20’s currency stance, but appear wary on trade split + MORE Mar 19th
Failure to agree on a commitment to keep global trade free and open will have negative consequences for financial markets, even if it’s not immediately apparent
.... More »
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.
The great Canadian LNG poker game
– theglobeandmail.com
Petronas’s warning about its proposed investment in liquefied natural gas production in B.C. is not an idle threat and should be taken seriously
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. 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.
Ford Canada adding 1,000 new jobs at its Oakville, Ont., assembly plant
– canadianbusiness.com
OAKVILLE, Ont. – Ford Motor Co. of Canada says it is adding 1,000 jobs at its plant in Oakville, Ont. by the end of this year to build the 2015 Ford Edge crossover SUV for the global market.
The automaker says it also expects to increase spending on Canadian-made auto parts by $200 million a year, to nearly $4 billion annually — a shot in the arm for Ontario’s manufacturing sector and Canadian exporters.
Ford has been preparing for months to make the redesigned Edge at Oakville , with vehicles now expected to be exported to more than 100 countries around the world — up from the previous estimate of 60 countries.
In 2013, Ford announced a $700 million investment in the Oakville assembly plant to expand its capability. It said in February that Oakville will make an all-new version of the Edge, in addition to the Ford Flex, Lincoln MKX and Lincoln MKT.
“Not only is the investment helping us meet much-needed capacity for high demand products produced in Canada, it’s creating jobs,‘‘ said Ford Canada president and CEO Dianne Craig in a statement early Wednesday…
The automaker says it also expects to increase spending on Canadian-made auto parts by $200 million a year, to nearly $4 billion annually — a shot in the arm for Ontario’s manufacturing sector and Canadian exporters.
Ford has been preparing for months to make the redesigned Edge at Oakville , with vehicles now expected to be exported to more than 100 countries around the world — up from the previous estimate of 60 countries.
In 2013, Ford announced a $700 million investment in the Oakville assembly plant to expand its capability. It said in February that Oakville will make an all-new version of the Edge, in addition to the Ford Flex, Lincoln MKX and Lincoln MKT.
“Not only is the investment helping us meet much-needed capacity for high demand products produced in Canada, it’s creating jobs,‘‘ said Ford Canada president and CEO Dianne Craig in a statement early Wednesday…


