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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What some of Canada’s top founders and entrepreneurs learned in 2016 + MORE Dec 19th
Disruption requires understanding
“In applying to become a national stock exchange in the U.S., IEX faced a very tough process to be approved by the Securities and Exchange Commission (SEC). The New York Stock Exchange and NASDAQ were fighting against us and the institutional investors that s.... More »
What to do when banks give questionable financial advice to seniors + MORE Feb 12th
Q: Do you have any advice for an 80-year old? I have $180k invested in GIC and mutual funds. I am having problems with the bank to produce a financial statement of actual costs. They will give trailing fees but say actual MER costs are unavailable.
So, I am looking to change my investments.
At my ag.... More »
How to recover financially from divorce + MORE Dec 4th
Right off the top, it’s important to acknowledge that there are no secret strategies for magically avoiding the financial impact of divorce. Divorce is difficult. You may lose half of your assets—or more—during the process of equalization. You may have ongoing spousal support or child supp.... More »
Dow futures jump more than 350 points on reports Trump will hold back some tariffs: Live updates - CNBC Mar 24th
Dow futures jump more than 350 points on reports Trump will hold back some tariffs: Live updates CNBCDow Jones Futures Rise On Trump Tariff 'Flexibility'; 5 Stocks Near Buy Points Investor's Business DailyUS Futures Rally as Traders Dive Back Into Tech: Markets Wrap .... More »
The thousand-day Access to Information request + MORE Mar 6th
OTTAWA – The Federal Court of Appeal has sent a stern message to government institutions: you can’t just make up any old deadline for responding to requests under the Access to Information Act.
And by asserting it has the power to review long access-to-information delays, the court has g.... More »
Drivers, shippers, airlines enjoy plunge in oil prices, but there are downsides for US economy
– canadianbusiness.com
NEW YORK, N.Y. – If you’re a driver, a shipper or an airline, low oil prices sure feel nice. But there are downsides to the recent plunge in oil prices — for the oil industry and for the economy.
Low fuel prices can help boost economic growth by reducing fuel bills and leaving consumers and companies with more money to spend on other things. Problem is, two factors behind the oil-price drop — a weaker global economy and a stronger dollar — could hurt the U.S. economy by reducing exports, employment and spending. And all that, in turn, could outweigh the economic benefit of cheaper fuel.
“Initially, (a lower oil price) will provide a boost to an economy that already has some momentum,” says Diane Swonk, chief economist at Mesirow Financial. “It’s like a tax cut. The problem is that it will come back to haunt us in 2015.”
A boom in U.S. oil production, which has helped reduce dependence on foreign oil, has been propelled by high prices. Drilling in some areas of North Dakota and Texas, for example, produces only a slight output per day…
Low fuel prices can help boost economic growth by reducing fuel bills and leaving consumers and companies with more money to spend on other things. Problem is, two factors behind the oil-price drop — a weaker global economy and a stronger dollar — could hurt the U.S. economy by reducing exports, employment and spending. And all that, in turn, could outweigh the economic benefit of cheaper fuel.
“Initially, (a lower oil price) will provide a boost to an economy that already has some momentum,” says Diane Swonk, chief economist at Mesirow Financial. “It’s like a tax cut. The problem is that it will come back to haunt us in 2015.”
A boom in U.S. oil production, which has helped reduce dependence on foreign oil, has been propelled by high prices. Drilling in some areas of North Dakota and Texas, for example, produces only a slight output per day…
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Angry crowd tries to charge Hong Kong protest barricades
– macleans.ca
HONG KONG – An angry crowd of people opposed to pro-democracy protests that have paralyzed parts of Hong Kong for more than two weeks tried Monday to charge barricades used by the demonstrators, clashing with police as they attempted to storm the protest zone.
Dozens of police officers held back several hundred people gathered in front of barricades on a main road, as the crowd chanted
“Open the road!”
Some in the crowd tried to remove the metal barricades that protesters, most of them university students, have set up to block off main roads near the heart of the city’s financial district. They also shouted “Occupy Central is illegal,” referring to one of the names of the pro-democracy movement that has swept Hong Kong.
Taxi drivers joined in, some driving their cabs up to the barricades and leaning on their horns to express their anger about the traffic disruptions.
Officers urged the crowd to stay calm as they tried to keep them separated from the protesters on the other side…
Dozens of police officers held back several hundred people gathered in front of barricades on a main road, as the crowd chanted
“Open the road!”
Some in the crowd tried to remove the metal barricades that protesters, most of them university students, have set up to block off main roads near the heart of the city’s financial district. They also shouted “Occupy Central is illegal,” referring to one of the names of the pro-democracy movement that has swept Hong Kong.
Taxi drivers joined in, some driving their cabs up to the barricades and leaning on their horns to express their anger about the traffic disruptions.
Officers urged the crowd to stay calm as they tried to keep them separated from the protesters on the other side…
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.
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
