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 of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick
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North Korea's nuclear pledge adds momentum to South's preparations for summit - Reuters Canada Apr 22nd
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National Bank buys stake in Ivory Coast financial services firm
– theglobeandmail.com
Deal gives smallest of the Big Six banks a 20.9-per-cent interest in NSIA Participations SA
How much you’ll save with the dividend tax credit
– moneysense.ca
Dividends from Canadian stocks have one downside: they can inflate your income and cause your Old Age Security to get clawed back. Still, you should come out ahead with the dividend tax credit.
The post How much you’ll save with the dividend tax credit appeared first on MoneySense.
Chicago judge appoints former Watergate prosecutor to investigate Caesars business deals
– canadianbusiness.com
CHICAGO – A former Watergate prosecutor who was later involved in efforts to secure the release of Americans during the Iran hostage crisis while assistant secretary of the Treasury is now investigating business deals made by Caesars Entertainment Corp. before the casino giant’s debt-heavy operations division filed for bankruptcy in January.
On Wednesday, a bankruptcy judge in Chicago appointed 68-year-old Richard J. Davis to be the independent examiner in the case to look into disputed business transfers that some creditors say robbed the division of valuable assets and left them without a guarantee on their investments.
As Davis stepped up to a podium Wednesday inside the courtroom, Judge A. Benjamin Goldgar jokingly alluded to the complexity of the case.
“You game for this?” a smiling Goldgar asked him.
When Davis nodded, the judge said, “You’re in!”
There was no opposition to Davis’ appointment, a rarity in a case fraught with ongoing disputes between the company and some of its creditors…
On Wednesday, a bankruptcy judge in Chicago appointed 68-year-old Richard J. Davis to be the independent examiner in the case to look into disputed business transfers that some creditors say robbed the division of valuable assets and left them without a guarantee on their investments.
As Davis stepped up to a podium Wednesday inside the courtroom, Judge A. Benjamin Goldgar jokingly alluded to the complexity of the case.
“You game for this?” a smiling Goldgar asked him.
When Davis nodded, the judge said, “You’re in!”
There was no opposition to Davis’ appointment, a rarity in a case fraught with ongoing disputes between the company and some of its creditors…
