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
Five ways to worry less about your investments with an all-in-one ETF + MORE Jan 24th
Equity market volatility can spook even the savviest investors into making rash decisions. Periods of pronounced market movements can spark emotional responses: buying high for fear of missing out or panic selling to cut losses.
Generally, these approaches are not beneficial for your long-term fi.... More »
Global stock indexes slump as Trump threatens more China tariffs Jun 19th
Global stock markets slumped Tuesday after President Donald Trump threatened to put tariffs on another $200 billion US in imports from China, and the Chinese government said it would retaliate, bringing tensions between the world's two largest economies closer to a boil..... More »
Best Canadian equity ETFs 2026 + MORE Apr 18th
Making space in your portfolio for Canadian equity ETFs used to come with rationalizations: that they tended to pay higher dividends than their global peers and that those dividends received preferential tax treatment in non-registered accounts, for example.
But Canadian investors these day.... More »
Mutual funds vs. ETFs: What you need to know to decide what investment works for you Jul 8th
The popularity of exchange-traded funds often triumphs over old-school mutual funds among social media-savvy investors. But experts say they both have their place in the financial system.
The investment decision between the two boils down to your financial goals, risk tolerance, and time horizon,.... More »
JC Penney and Kraft rise, Weight Watchers and Gap skid + MORE Feb 27th
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Weight Watchers International Inc. (WTW), down $4.54 to $11.01
The weight-loss company tumbled after it took an unexpected loss in the fourth quarter and g.... More »
Behold the unchanged Bank of Canada interest rate
– macleans.ca
The next few days could bring big announcements – or old news – for Canada, the UK and Europe, as central banks prepare to announce their interest rate targets. In the mean time, volatile oil prices are sending world exchanges on a bumpy ride.
The day ahead
It’s still bank season! The country’s big banks are releasing their earnings this week, with the Royal Bank of Canada reporting today. BMO released their earnings yesterday, with lower than predicted profits. The bank increased their dividend to 80 cents, but shares had slipped a couple dollars by the end of the day.
Update: RBC announced an 11% increase from last year in their fourth quarter earnings, to $2.3 million. Fiscal year earnings were up by 8% to $9 billion. The bank said the increase came from strong retail banking, outweighing lower trading revenue.
The Bank of Canada will announce its interest rate target this morning. But don’t expect anything radical – the interest rate will probably stay at 1 percent…
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.
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.
90 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.
3.5 year – 2.30%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online.
