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
RBC joins ranks of global banks deemed ‘too big to fail’ + MORE Nov 21st
Bank has been added to the list of 30 global systemically important banks by the Financial Stability Board of international regulators
.... More »
Can you change your mind about taking CPP early? Aug 4th
Q. I am 62 years, 10 months of age, and still working but plan to retire (early) at the end of November 2021 with an unreduced employer pension.
I have been collecting CPP for 28 months because I needed the extra money at the time, but I am in a better financial position now.
Can I ask to stop col.... More »
4.5 year - 2.50% + MORE Mar 7th
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..... More »
The best RRSPs in Canada for 2025 Feb 21st
Why should you open a registered retirement savings plan (RRSP)? This account type is often described as “tax-advantaged,” meaning it offers a tax-efficient way for savers and investors to build wealth for the future, usually for retirement. To maximize its potential, it helps to know the differ.... More »
Making sense of the markets this week: November 13, 2022 Nov 11th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
Cooling inflation leads to red-hot day for the markets
Part of being neighbours with the most powerful country in the world is that.... More »
Strategic alternatives search set to pick up in oil patch
– theglobeandmail.com
Dramatic drop in oil prices has already prompted some energy companies to hire financial advisers to help them
Stock sinks as Canadian Oil Sands cuts dividend
– theglobeandmail.com
Investors will see a quarterly payout of 20 cents a share, down from 35 cents
Business Highlights
– canadianbusiness.com
___
These retailers could use some holiday cheer
NEW YORK (AP) — The holiday shopping season is always a make-or-break period for struggling retailers.
But this year, the fight to grab shoppers has intensified, making it difficult for stores to use the season that accounts for about 20 per cent of the retail industry’s annual sales to bounce back.
Stores face cautious shoppers who are juggling stagnant wages and higher costs for food and health care. And Web-savvy customers are using information easily available on their smartphones to hold out for ever-better deals. All of that means that stores have had to discount more — and earlier — this holiday shopping season.
Ken Perkins, president of RetailMetrics LLC., a retail research firm, expects fourth-quarter earnings for the 123 retailers he tracks will rise 7.7 per cent, down from a projected 16 per cent increase in June.
___
Bird’s fate shaping energy development in US West
SARATOGA, Wyo. (AP) — Efforts to conserve a struggling species of grouse that ranges across the Western U…
These retailers could use some holiday cheer
NEW YORK (AP) — The holiday shopping season is always a make-or-break period for struggling retailers.
But this year, the fight to grab shoppers has intensified, making it difficult for stores to use the season that accounts for about 20 per cent of the retail industry’s annual sales to bounce back.
Stores face cautious shoppers who are juggling stagnant wages and higher costs for food and health care. And Web-savvy customers are using information easily available on their smartphones to hold out for ever-better deals. All of that means that stores have had to discount more — and earlier — this holiday shopping season.
Ken Perkins, president of RetailMetrics LLC., a retail research firm, expects fourth-quarter earnings for the 123 retailers he tracks will rise 7.7 per cent, down from a projected 16 per cent increase in June.
___
Bird’s fate shaping energy development in US West
SARATOGA, Wyo. (AP) — Efforts to conserve a struggling species of grouse that ranges across the Western U…
Government approves Burger King takeover of Tim Hortons
– macleans.ca
A Tim Hortons restaurant located next to a Burger King restaurant in Lower Sackville, N.S. on Monday, Aug. 25, 2014. (Andrew Vaughan/CP)OTTAWA — The federal government approved the takeover of Tim Hortons Inc. by Burger King Worldwide Inc. on Thursday after securing promises on jobs and that the coffee shop chain will remain a distinct brand.
Industry Minister James Moore signed off on the deal following a review of the agreement under the Investment Canada Act.
“The result of this transaction is this new global company, with sales of more than $23 billion annually, which will now be based in Canada,” Moore said in a statement after the close of markets on Thursday.
“Our government is pleased to see companies like Burger King investing in Canada’s economy and looking to benefit from our low taxes and open markets.”
Related post: Okay Canada, it’s time for the hard truth about Tim Hortons
As part of the approval, the company has agreed to maintain the existing employment levels at Tim Hortons franchises across Canada and expand in the U…
Saudi oil-price cut prompts Canadian energy stock slide
– theglobeandmail.com
Canadian energy shares drop 5 per cent as standoff among global producers continues to hit crude prices, Alberta industry
