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
Stock market news for Canadian investors: Eli Lilly, BCE and more + MORE Feb 7th
Companies that reported earnings this week
Canada Goose
BCE
Bombardier
Suncor
Thomson Reuters
Eli Lilly
Lightspeed
Canada Goose (TSE: GOOS)
Q3 profit: $139.7 million or $1.42 per diluted share, up from $130.6 million or $1.29 per diluted share a year earlier
Q3 .... More »
Apple unveils an upgraded Siri voice assistant with new AI features at its annual conference - Sault Michigan News Jun 8th
Apple unveils an upgraded Siri voice assistant with new AI features at its annual conference Sault Michigan NewsTech stocks today: Apple stock falls after a long-awaited AI Siri update Yahoo FinanceApple partnering with Google and Nvidia for most advanced AI model CN.... More »
Should I draw down my RRIF to avoid estate taxes? + MORE Apr 22nd
Ask MoneySense
Is it a good idea to withdraw more money monthly than one needs from one’s RRIF? What about beginning a regularly automated transfer of this extra money to one’s non-registered investments so that there is less money in the RRIF account upon death? As a result, the estate will be .... More »
Timing CPP and OAS with workplace pensions + MORE Mar 28th
Q: My husband is retired military and will turn 60 this year. He’s been told by his military buddies that he should apply soon for his CPP as then he can receive it and the bridge for the next five years. I thought he should be delaying on taking his CPP but perhaps it’s the OAS he should dela.... More »
How To Become a Successful Options Trader + MORE Jul 10th
Becoming an options trader takes time, research, and strategy. Before you can start successfully making strong profits, you must educate yourself on stock options and find a broker who can guide you along the process. Follow these steps to help you get started in becoming a successful options trader.... More »
TransCanada Corp., BlackBerry and Manulife Financial Corp. are some of the stocks we are eyeing Wednesday, the latest stock-trading day in Canada this week. Markets will be closed Thursday and Friday for the Christmas Day and Boxing Day holidays.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
Bitcoin meets gold for Canadian startup seeking IPO
– theglobeandmail.com
Toronto’s BitGold says it will enable customers to swap their holdings between gold bullion and bitcoins
Novo Nordisk, Transocean, Walgreen, Adamas and Novo Nordisk are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Novo Nordisk AS, up 95 cents to $43.67
U.S. regulators approved the pharmaceutical company’s diabetes drug to be used to treat obesity, the first injectable cleared for weight loss.
Walgreen Co., up 16 cents to $76.67
Wall Street is ecstatic over the numbers from the drug store’s latest quarter, with many analysts upping their price targets on the stock.
Brookfield Residential Properties Inc., up $1.15 to $24.01
Brookfield Asset Management is buying the slice of the land developer it does not own after upping its offer by more than 5 per cent.
Transocean Ltd., down 37 cents to $18.77
Crude prices that stabilized this week after months of declines slumped again and dragged big energy companies down with them.
Nasdaq
Taser International Inc., 85 cents to $26.87
Major orders continue to roll in for the maker of defence equipment used by police departments, particularly its body cameras…
NYSE
Novo Nordisk AS, up 95 cents to $43.67
U.S. regulators approved the pharmaceutical company’s diabetes drug to be used to treat obesity, the first injectable cleared for weight loss.
Walgreen Co., up 16 cents to $76.67
Wall Street is ecstatic over the numbers from the drug store’s latest quarter, with many analysts upping their price targets on the stock.
Brookfield Residential Properties Inc., up $1.15 to $24.01
Brookfield Asset Management is buying the slice of the land developer it does not own after upping its offer by more than 5 per cent.
Transocean Ltd., down 37 cents to $18.77
Crude prices that stabilized this week after months of declines slumped again and dragged big energy companies down with them.
Nasdaq
Taser International Inc., 85 cents to $26.87
Major orders continue to roll in for the maker of defence equipment used by police departments, particularly its body cameras…
Happy holidays! Love, the American economy
– macleans.ca
It’s a record-breaking Christmas for the U.S., as American markets hit record highs yesterday following third-quarter GDP numbers that showed the strongest growth in more than a decade. In the rest of the world, today was a quieter day – with markets closing at midday in Asia, the Pacific and Europe. Of course, Canadian and U.S. markets will be closed tomorrow and Boxing Day, and again on New Years Day.
This is also the last Morning Playbook for the year. See you in 2015, and Merry Christmas!
The Day Ahead
The Dow and S&P 500 hit all-time highs – again, as U.S. markets rallied for the fifth straight day and pushed beyond records set just yesterday. The jump came on news that the third-quarter saw stronger than expected growth, while markets are still jumping from last week’s comments from the Federal Treasury on a “patient” approach to a rate hike expected for next year. In Canada, the TSX/S&P index also saw a three-digit gain, rising 0.2 per cent, after dipping slightly yesterday…
