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
To understand Venezuela's future, look to the bond market, not politics and protests Sep 6th
Despite an economic crisis so severe that 2.3 million people have fled the country in the past four years, Venezuelan President Nicolas Maduro isn't currently facing mass protests. Bond holders, however, are preparing to seize the country's oil assets..... More »
Deputy Attorney General Rod Rosenstein is reportedly out - Vox Sep 24th
VoxDeputy Attorney General Rod Rosenstein is reportedly outVoxDeputy Attorney General Rod Rosenstein has reportedly resigned, throwing the future of special counsel Robert Mueller's Russia investigation into question. The news comes three days after the New York Times reported the deputy attorn.... More »
Does TINA still apply for the stock market? Are GICs and bonds a new option for Canadian investors? + MORE Nov 1st
Like many investors, I’ve seen the media and RBC report that some $10 billion moved out of chequing, savings and mutual funds into guaranteed investment certificates (GICs) in the third fiscal quarter. I’m also well aware of the increases in bond yields. Even so, unlike some of my advisor peers,.... More »
5 common money mistakes new parents make + MORE Mar 23rd
(Getty Images / Paul Bradbury)
You may be a rookie at this whole parenting thing, but you can be a bit smarter about your money with these easy fixes for common financial faux pas.
1. Overspending on gear
I have a confession: Our daughter Abby slept in a bassinet insert in a used Pack ’N Play i.... More »
10 financial buzzwords we kept hearing in 2024 + MORE Dec 27th
In 2023, we heard a lot about “soft saving” and “quiet hiring.” In 2024, job-related buzzwords continued to trend, with plenty of chatter around “coffee badging,” “resenteeism” and others. Below, we discuss these and other money-related terms that stood out to the MoneySense editoria.... 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.
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.
Initial public offerings scheduled to debut next week
– canadianbusiness.com
NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.
Week of January 12:
County Bancorp Inc. – Manitowoc, Wisc., 1.18 million shares, priced $16 to $18, managed by Baird, and Sterne Agee. Proposed Nasdaq symbol ICBK. Business: Wisconsin bank focused on dairy-related lending with over $700 million of assets.
Patriot National Inc. – Fort Lauderdale, Fla., 8.3 million shares, priced $16 to $18, managed by UBS, BMO Capital Markets, and Suntrust Robinson Humphrey. Proposed NYSE symbol PN. Business: Provides fee-based administration services to workers’ compensation insurers. Previously postponed offering in February 2010.
Polar Star Realty Trust Inc. – New York, 43.5 million shares, priced $10 to $13, managed by FBR Capital Markets, Wunderlich Securities, and ABG Sundal Collier. Proposed NYSE symbol PSRT. Business: REIT formed to own office and industrial property in Sweden and Norway…
Week of January 12:
County Bancorp Inc. – Manitowoc, Wisc., 1.18 million shares, priced $16 to $18, managed by Baird, and Sterne Agee. Proposed Nasdaq symbol ICBK. Business: Wisconsin bank focused on dairy-related lending with over $700 million of assets.
Patriot National Inc. – Fort Lauderdale, Fla., 8.3 million shares, priced $16 to $18, managed by UBS, BMO Capital Markets, and Suntrust Robinson Humphrey. Proposed NYSE symbol PN. Business: Provides fee-based administration services to workers’ compensation insurers. Previously postponed offering in February 2010.
Polar Star Realty Trust Inc. – New York, 43.5 million shares, priced $10 to $13, managed by FBR Capital Markets, Wunderlich Securities, and ABG Sundal Collier. Proposed NYSE symbol PSRT. Business: REIT formed to own office and industrial property in Sweden and Norway…
Shared driveways: How to deal with a bad neighbour
– moneysense.ca
Q: My neighbour keeps blocking our shared driveway with his van. What can I do about it?—Driven to Tears, Calgary
A: All too often neighbour spats spiral out of control, so try to stay calm and just start with gentle verbal reminders, says Toronto real estate lawyer Bob Aaron. If that fails, “unfortunately, there is no magic wicket at City Hall to get your neighbour to stop.” Your next move would be to have a lawyer write your neighbour a letter, and if that falls flats, take him to court. “Hopefully, your neighbour would look at the court paperwork before any litigation starts and decide to park elsewhere,” says Aaron. If not, you’ll have to litigate your case and get an injunction against him. The cost? Between $10,000 to $20,000 as well as two years of your time. “If the order goes against the neighbour, and he continues to park there, he will be in contempt of court and be fined—or even imprisoned,” says Aaron. So for now, try to talk through the problem. Good luck!
Got a delicate money question? Send it to ask@moneysense…
Financials, energy companies push TSX sharply lower amid mixed employment … – Winnipeg Free Press
– news.google.ca
CTV NewsFinancials, energy companies push TSX sharply lower amid mixed employment …Winnipeg Free PressTORONTO – The Toronto stock market was deep in the red late morning Friday, failing to catch a lift from a mixed American employment report as investors continued to shed financials on worries about how the collapse in oil prices could impact the big banks.TSX drops after US jobs data; banks, industrials fallReuters CanadaCanada Stocks Fall as Banks Tumble Jobs Drop in DecemberBloombergTSX higher on strong US jobs data, Canadian employment disappointsRegina Leader-Postall 181 news articles »
