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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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: July 10 Jul 8th
This week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The first half of 2022 asset scorecard—not good
The S&P 500 entered a bear market last month and recorded its worst first half since 1962, down 20.6%. Th.... More »
Investment is flowing out of Canada and into U.S. after tax changes, RBC president says + MORE Apr 2nd
The head of one of Canada's largest banks is urging the federal government to stem the flow of investment capital from this country to the United States — because, he warns, it's already leaving in "real time.".... More »
SVB collapse: Could bank failures happen in Canada? - CTV News + MORE Mar 15th
SVB collapse: Could bank failures happen in Canada? CTV NewsThe world struggles to predict financial fallout from California bank collapse CBC.caUS Regulators Start Soliciting Interest for Signature Bank Bids BNN BloombergOpinion: Silicon Valley Bank collapse shows C.... More »
Apple tests generative AI tools to rival OpenAI's ChatGPT - Bloomberg News - Yahoo Canada Finance + MORE Jul 19th
Apple tests generative AI tools to rival OpenAI's ChatGPT - Bloomberg News Yahoo Canada FinanceAAPL Stock Hits Record High amid New AI Developments - TipRanks.com TipRanksApple Preps Ajax Generative AI, ‘Apple GPT’ to Rival OpenAI and Google BloombergApple is tes.... More »
After stock markets closed on Monday, Toronto became the first trading hub in North America for China’s currency, known as the renminbi or yuan.
Renminbi trading hub to streamline Canada-China financial services
– theglobeandmail.com
Facility aims to streamline financial services and make business between the two countries cheaper
Washington auditor returns to work, says he’s co-operating with federal investigation
– canadianbusiness.com
OLYMPIA, Wash. – Washington state Auditor Troy Kelley returned to work Monday following a week during which his home was raided by federal agents and his office turned over records subpoenaed by the Justice Department.
But the elected Democrat remained out of the public eye, issuing a written statement to reporters waiting in his lobby saying that all of his actions over the years have been “lawful and appropriate.”
In the statement, Kelley said he was aware that the U.S. attorney has questions about financial activities at a business he owned before he was elected. Kelley said he has fully co-operated but remains “puzzled by their interest.”
“I do not know any specifics about their inquiry, despite repeated requests for information, and cannot comment further,” he wrote. “I can assure you that all of my actions over the years have been lawful and appropriate.”
Kelley cancelled a planned speech at a conference in Olympia on Monday afternoon and doesn’t have plans for any public appearances in the coming days, according to his spokesman, Thomas Shapley…
But the elected Democrat remained out of the public eye, issuing a written statement to reporters waiting in his lobby saying that all of his actions over the years have been “lawful and appropriate.”
In the statement, Kelley said he was aware that the U.S. attorney has questions about financial activities at a business he owned before he was elected. Kelley said he has fully co-operated but remains “puzzled by their interest.”
“I do not know any specifics about their inquiry, despite repeated requests for information, and cannot comment further,” he wrote. “I can assure you that all of my actions over the years have been lawful and appropriate.”
Kelley cancelled a planned speech at a conference in Olympia on Monday afternoon and doesn’t have plans for any public appearances in the coming days, according to his spokesman, Thomas Shapley…
Housing market hints at changes with declines in key cities
– theglobeandmail.com
If your home equity is a big part of your retirement, then it’s time to start thinking about how theoretical price declines of 5, 10 and even 20 per cent would affect your financial plan
Report says Japan must boost productivity to stave off economic decline as population shrinks
– canadianbusiness.com
TOKYO – Japan’s future prosperity will depend on improving its lagging productivity, says a report by McKinsey Global Institute that urges companies to boost their competitiveness by better use of their workers.
Japan’s population of about 127 million began declining in 2011 and is rapidly aging, a trend seen in many industrialized countries. The country’s gains in productivity — or the value added for each hour of labour — have lagged behind other wealthy countries in almost all industries, even advanced manufacturing.
That has hurt wage growth and also keeps returns on investment comparatively low, even for the largest Japanese companies, says the report, released Tuesday.
Japan’s labour productivity lags 32 per cent behind Germany’s and 29 per cent behind that in the U.S. — a gap that will widen to 37 per cent over the next decade and ensure continued stagnation, the report said. Only in real estate did Japan show higher productivity than the U…
Japan’s population of about 127 million began declining in 2011 and is rapidly aging, a trend seen in many industrialized countries. The country’s gains in productivity — or the value added for each hour of labour — have lagged behind other wealthy countries in almost all industries, even advanced manufacturing.
That has hurt wage growth and also keeps returns on investment comparatively low, even for the largest Japanese companies, says the report, released Tuesday.
Japan’s labour productivity lags 32 per cent behind Germany’s and 29 per cent behind that in the U.S. — a gap that will widen to 37 per cent over the next decade and ensure continued stagnation, the report said. Only in real estate did Japan show higher productivity than the U…
