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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The best GIC rates in Canada for 2025 + MORE Dec 29th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Angela Merkel's European destiny speech was a message to Trump, MP says - CBC.ca + MORE May 29th
CBC.caAngela Merkel's European destiny speech was a message to Trump, MP saysCBC.caGerman Chancellor Angela Merkel's Sunday remarks about not relying on allies were in direct response to U.S. President Donald Trump, says German MP Stephan Mayer. Merkel and Trump are pictured here at the re.... More »
Emera to buy Florida utility Teco Energy for $6.5-billion + MORE Sep 4th
Under the terms of the all-cash agreement, Teco Energy shareholders will receive $27.55 per common share, a 48-per-cent premium based on Teco’s July 15 closing stock price
.... More »
Report: Voters in Switzerland reject plans to hoard massive amounts of gold, limit immigration + MORE Nov 30th
BERN, Switzerland – Projections show voters in Switzerland have rejected plans to protect the country’s wealth by investing in gold and drastically limit immigration.
Swiss polling firm gfs.bern said a majority of voters opposed the measures in a referendum Sunday.
If passed, the gold in.... More »
Average house price in Canada rises at slowest annual pace in 2 years in December, up 3.5% + MORE Jan 16th
The average price of a Canadian home continues to move higher, but there are signs of a slowdown, according to the Canadian Real Estate Association..... More »
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
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.
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.
Catching up with Derek Foster “Canada’s Youngest Retiree”
– myownadvisor.ca
A few years ago, I got a chance to sit down and chat with Derek Foster, “Canada’s Youngest Retiree”. Back then Derek shared his thoughts on the stock market, his investment strategy and much more. I recently caught up with Derek and for this post I decided to playback the things Derek told me then and see what he thinks today. First up, a quick bio:
Derek was born in Ottawa in 1970. He left the proverbial rat race at the age of 34 by using various investing strategies, many he believes any investor can emulate.
Derek is a 6-time National Bestselling author and when not writing books or giving speaking engagements (like at the World MoneyShow in Toronto this week) Derek spends time with his wife and six children in Ottawa (that must be a VERY busy house…)
In our last interview a few years ago Derek, after “The Idiot Millionaire: You Can Become Wealthy!” was released you said this about the economic downturn and getting out the market:
It was largely because of the 2008-2009 economic downturn…
AbbVie says its board to reconsider $55B Shire deal, citing changes in tax rules
– canadianbusiness.com
CHICAGO – The drugmaker AbbVie said Tuesday it is having second thoughts about its deal to combine with British counterpart Shire after the U.S. government created new limitations on the tax benefits of incorporating overseas.
North Chicago, Illinois-based AbbVie Inc. said it notified Shire that its board intends to reconsider the recommendation it made in July that its shareholders back the proposed combination worth roughly $55 billion.
AbbVie said in a statement that it hasn’t called off the deal. But it said its board needs to weigh “the fundamental financial benefits of the transaction” in light of new tax regulations announced by the U.S. Treasury in September. The regulations aim to crack down on U.S. companies shifting their ownership abroad to shirk paying U.S. taxes.
In announcing their deal in July, the two drugmakers said they planned to create a new company incorporated on the British island of Jersey, where Shire is incorporated.
A spokeswoman for Shire PLC said the company had no comment on AbbVie’s Tuesday announcement…
North Chicago, Illinois-based AbbVie Inc. said it notified Shire that its board intends to reconsider the recommendation it made in July that its shareholders back the proposed combination worth roughly $55 billion.
AbbVie said in a statement that it hasn’t called off the deal. But it said its board needs to weigh “the fundamental financial benefits of the transaction” in light of new tax regulations announced by the U.S. Treasury in September. The regulations aim to crack down on U.S. companies shifting their ownership abroad to shirk paying U.S. taxes.
In announcing their deal in July, the two drugmakers said they planned to create a new company incorporated on the British island of Jersey, where Shire is incorporated.
A spokeswoman for Shire PLC said the company had no comment on AbbVie’s Tuesday announcement…
