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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Ontario appoints supervisor to run Conestoga College after audit exposing ‘serious mismanagement’ - Toronto Star May 7th
Ontario appoints supervisor to run Conestoga College after audit exposing ‘serious mismanagement’ Toronto StarOntario appoints administrator to run Conestoga College, citing financial mismanagement The Globe and MailLILLEY: Conestoga board approved John Tibbits’ $3M payou.... More »
All of Canada would pay the price if Toronto’s real estate bubble burst Apr 8th
Real estate figures in the country’s largest city are at red-hot levels, and the rest of Canada will ultimately have to pay for it
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Hardisty, town at Keystone’s start, takes stock of rejection + MORE Nov 9th
With the XL segment, pipeline builder TransCanada Corp. was to have provided a more direct route for 830,000 barrels a day to get to the lucrative Gulf market
.... More »
Fiat Chrysler takes earnings hit over potential costs from diesel probe Oct 30th
Fiat Chrysler Automobiles said Tuesday its third-quarter profits dropped nearly 40 per cent due to a one-off charge to cover possible payments in a U.S. diesel probe involving SUVs and light-duty pickups..... More »
North American stock markets fall after inflation spike raises fears of rate hikes - CP24 Toronto's Breaking News Nov 10th
North American stock markets fall after inflation spike raises fears of rate hikes CP24 Toronto's Breaking NewsMarket check Nov 10: Stocks move lower after hotter than expected inflation data Yahoo FinanceStock market news live updates: Stocks fall after hotter-than-expected in.... More »
China lowers economic growth target, promises to open more industries to foreign investment
– canadianbusiness.com
BEIJING, China – China announced a lower economic growth target for this year and promised to open more industries to foreign investors as it tries to make its slowing, state-dominated economy more productive.
The growth target of about 7 per cent, down from last year’s 7.5 per cent, is in line with efforts to create a “moderately prosperous society,” said Premier Li Keqiang in a report Thursday to China’s ceremonial national legislature. Actual economic growth last year was 7.4 per cent, the lowest since 1990.
The ruling Communist Party is in the midst of a marathon effort to guide the world’s second-largest economy to slower but more self-sustaining growth based on domestic consumption and services. It is trying to replace a worn-out model driven by trade and investment in construction and heavy industry that has left China’s air and water badly polluted.
“We need to maintain a proper balance between ensuring steady growth and making structural adjustments,” said Li in the report to the National People’s Congress…
The growth target of about 7 per cent, down from last year’s 7.5 per cent, is in line with efforts to create a “moderately prosperous society,” said Premier Li Keqiang in a report Thursday to China’s ceremonial national legislature. Actual economic growth last year was 7.4 per cent, the lowest since 1990.
The ruling Communist Party is in the midst of a marathon effort to guide the world’s second-largest economy to slower but more self-sustaining growth based on domestic consumption and services. It is trying to replace a worn-out model driven by trade and investment in construction and heavy industry that has left China’s air and water badly polluted.
“We need to maintain a proper balance between ensuring steady growth and making structural adjustments,” said Li in the report to the National People’s Congress…
Rob Ford richer after auction but 'celebrity bounce' makes his 'memorabilia' a … – National Post
– news.google.ca
National PostRob Ford richer after auction but 'celebrity bounce' makes his 'memorabilia' a …National PostRob Ford is at least $23,000 richer after auctioning off “memorabilia” from his tumultuous time as Toronto mayor, but experts say budding Ford collectors may have just made a bad investment. “Everyone wants a piece of it while it's hot, and in three, four years, …Rob Ford's crack confession tie nets $16100Toronto SunRob Ford's necktie sells for $16000TheChronicleHerald.ca (registration)all 21 news articles »
Higher TFSA limits are not the enemy
– macleans.ca
Chris Young/CPIn addition to the usual barrage of advice from financial experts that accompanies RSP season, the lead-up to this year’s contribution deadline brought with it something else entirely: an all-out assault on the RSP’s much younger cousin, the TFSA, and the Harper government’s vow to let Canadians double the amount of money they can sock away in tax-free savings accounts each year. The volley of criticism, picked up gleefully by media across the country, was spurred by a pair of reports, one from the left-leaning Broadbent Institute, and the other from the Parliamentary Budget Office, which together can be boiled down to two essential arguments: that the benefits of increasing the TFSA contribution limit to $11,000 will mostly go to the rich, and that the lost tax revenue will hurt Ottawa’s finances in the decades ahead. Critics jumped on the issue: Here’s another sop to fat cats that threatens to rob our children of government services in years to come! Only, it’s not that simple…
