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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What happens to an RESP when you die + MORE Nov 15th
Q: I am the account subscriber for an RESP for a child to whom I am not related by blood. I have been told by the financial institution that the only way to name the child’s father as the subscriber upon my death is through my will, which would be subject to probate. Is that correct? I would hav.... More »
Home sales down slightly in September in first dip since spring Oct 15th
The Canadian Real Estate Association says home sales in September fell 0.4 per cent compared with August, but average prices are still up slightly compared to this time last year..... More »
Bank of Canada nears decision on oversized rate cut - The Globe and Mail Oct 20th
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Enerplus selling non-core assets in northwest Alberta for $95.5M in cash + MORE Apr 12th
CALGARY – Enerplus Corp. (TSX:ERF) says it has an agreement to sell some non-core assets in northwest Alberta, including its Pouce Coupe asset, for about $95.5 million in cash.
The deal, subject to closing adjustments, is expected to be completed in the second quarter.
Enerplus says it is usin.... More »
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.
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.
Asian stock markets lacklustre as Japan, China economic data show weakness
– canadianbusiness.com
TOKYO – Asian stock markets mostly sagged Wednesday as China’s manufacturing remained weak in February and a Japanese central bank survey showed businesses are wary about the economic outlook.
KEEPING SCORE: Japan’s Nikkei 225 stock index slipped 0.9 per cent to 19,034.84 and South Korea’s Kospi lost 0.6 per cent to 2,029.65. Australia’s S&P ASX/200 fell 0.5 per cent to 5,860.80. But Hong Kong’s Hang Seng index rose 0.7 per cent to 25,074.61 and the Shanghai Composite Index added 1.4 per cent to 3,799.64 on speculation authorities will do more to ease credit. Markets in Southeast Asia were lower.
JAPAN TANKAN: The Bank of Japan’s quarterly survey of over 11,000 companies, large and small, showed most remain wary and generally plan to reduce capital investment. The results will likely reinforce the conviction that more stimulus is needed to sustain growth as Japan struggles to escape from more than two decades of stagnation. A separate survey of manufacturers showed weak demand inside Japan but more upbeat prospects for exports…
KEEPING SCORE: Japan’s Nikkei 225 stock index slipped 0.9 per cent to 19,034.84 and South Korea’s Kospi lost 0.6 per cent to 2,029.65. Australia’s S&P ASX/200 fell 0.5 per cent to 5,860.80. But Hong Kong’s Hang Seng index rose 0.7 per cent to 25,074.61 and the Shanghai Composite Index added 1.4 per cent to 3,799.64 on speculation authorities will do more to ease credit. Markets in Southeast Asia were lower.
JAPAN TANKAN: The Bank of Japan’s quarterly survey of over 11,000 companies, large and small, showed most remain wary and generally plan to reduce capital investment. The results will likely reinforce the conviction that more stimulus is needed to sustain growth as Japan struggles to escape from more than two decades of stagnation. A separate survey of manufacturers showed weak demand inside Japan but more upbeat prospects for exports…
Signs point to natural causes or accident in death of Getty scion in Hollywood Hills home
– canadianbusiness.com
LOS ANGELES, Calif. – Andrew Getty, among the heirs in a family whose name is synonymous with elite American wealth, was found dead in his Hollywood Hills home from was most likely natural causes or an accident, authorities and family members said.
Neither the coroner nor police had officially identified the man, but a statement from 47-year-old Andrew Getty’s parents, Ann and Gordon Getty, confirmed it was him.
Gordon Getty is the San Francisco billionaire scion of the late J. Paul Getty, whose oil fortune made his family among the richest in U.S. history.
Andrew Getty’s death appeared to be from natural causes, Los Angeles County coroner’s Assistant Chief Ed Winter said, but it has been initially called an accident because of medication found at the scene. He said coroner’s officials need to await the results of further examination and toxicology tests, which could take up to 10 weeks to process.
“The tentative information that we do have is that he was not feeling good for the last couple months,” Winter said, “and he supposedly had an appointment tomorrow with a personal physician…
Neither the coroner nor police had officially identified the man, but a statement from 47-year-old Andrew Getty’s parents, Ann and Gordon Getty, confirmed it was him.
Gordon Getty is the San Francisco billionaire scion of the late J. Paul Getty, whose oil fortune made his family among the richest in U.S. history.
Andrew Getty’s death appeared to be from natural causes, Los Angeles County coroner’s Assistant Chief Ed Winter said, but it has been initially called an accident because of medication found at the scene. He said coroner’s officials need to await the results of further examination and toxicology tests, which could take up to 10 weeks to process.
“The tentative information that we do have is that he was not feeling good for the last couple months,” Winter said, “and he supposedly had an appointment tomorrow with a personal physician…
Crazy things people say about money
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
I’m not one to judge but every so often I’ll hear a comment about money that just makes me shake my head. I’m not even talking about people being misinformed; some of these statements I’ve heard are straight out crazy.
“I want a risk free investment that returns 7%+”
I get it, interest rates are low and you want a higher return on your savings, but I’m sorry no such investment exists. If you want a better return then you’ll have to take some risks, that’s just how investing works.
If you ever come across a person promising you a risk free investment with high returns, run, run as far away as you can. The odds are this person is lying or pulling off a Ponzi scheme.
“I don’t want to pick up more shifts because I’ll make less money”
The person who said this was working 3 days a week at the time, and he refused to apply for full time. He falsely believed that working the extra hours would put him in a higher tax bracket…
I’m not one to judge but every so often I’ll hear a comment about money that just makes me shake my head. I’m not even talking about people being misinformed; some of these statements I’ve heard are straight out crazy.
“I want a risk free investment that returns 7%+”
I get it, interest rates are low and you want a higher return on your savings, but I’m sorry no such investment exists. If you want a better return then you’ll have to take some risks, that’s just how investing works.
If you ever come across a person promising you a risk free investment with high returns, run, run as far away as you can. The odds are this person is lying or pulling off a Ponzi scheme.
“I don’t want to pick up more shifts because I’ll make less money”
The person who said this was working 3 days a week at the time, and he refused to apply for full time. He falsely believed that working the extra hours would put him in a higher tax bracket…
