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
IMF says China is managing transition to steadier and more sustainable economic growth + MORE Aug 14th
WASHINGTON – The International Monetary Fund says that so far, China is successfully managing a transition to slower but more stable growth.
In its annual checkup of the world’s second-biggest economy, the IMF predicted the Chinese economy will grow 6.8 per cent this year and 6.3 per cen.... More »
Early data shows foreign nationals buying 5% of Metro Vancouver homes sold - CBC.ca + MORE Jul 8th
CBC.caEarly data shows foreign nationals buying 5% of Metro Vancouver homes soldCBC.caPreliminary data collected by the B.C. government on foreign investment in the province's sizzling real estate market shows that in Metro Vancouver five per cent of all real estate purchases were made by forei.... More »
BlackBerry partners with Fleet Complete with integrated fleet tracking solution + MORE Sep 20th
WATERLOO, Ont. _ BlackBerry (TSX:BB) is partnering with another company to offer customers a more comprehensive fleet-tracking system.
The Waterloo, Ont.-based company says it has entered a reselling partnership with Fleet Complete, a fleet-tracking solution company.
BlackBerry Radar general manager.... More »
The wrong way to pay off debt + MORE Sep 7th
I’ve always believed that anyone substantially mired in debt has no business fantasizing about retirement. For me, this extends even to a home mortgage, which is why I often say “the foundation of financial independence is a paid-for home.”
Sadly, however, it’s a fact that many Canadian sen.... More »
Canada’s clean tech sector falling behind competition, says report + MORE Apr 20th
Wind turbines behind a house with solar panels. (Nick Hanna/Alamy)
OTTAWA – Canada’s clean technology sector, once pegged as a growth industry with the potential to be worth $50 billion by the year 2022, is bleeding money and falling behind international competition, a new report says.
Using.... More »
A battle over the global economy
– macleans.ca
Some days, the big stories in the economy are all about a good, old-fashioned duel: Greece versus Germany, Canadians versus their TVs, and China versus itself (more specifically: China’s slowing economy vs. a massive equity bubble).Today we’re tackling a few of those questions – with no set judgments on who will win.
In the mean time, a seven-day rally on the TSX, and a global rally more generally, ended yesterday, partly on slumping Chinese export data. But there are lots of U.S. numbers to watch for today that could turn the tides one way or another, including retail sales and earnings from JPMorgan & Chase, Johnson & Johnson, Wells Fargo, Intel and finally, Shaw.
To start you off for a day of conflict, the question of who goes to jail for financial wrongdoing. In France, the heir to the Nina Ricci fashion and perfume house has been convicted of tax fraud in connection to the “Swiss Secrets” HSBC banking case. Her daughter was also convicted, in a trial that could set a significant precedent for how prosecutors see tax evasion cases…
IMF Trims Canada Growth View to 2.2% for 2015 on Oil Risks
– blogs.wsj.com
Canadian economic growth will take a hit this year as the country struggles with the impact of lower oil price, with exports rising but business investment and hiring remaining lackluster, according to the International Monetary Fund.
Modi Goes to Canada: New Investor Protections Coming?
– blogs.wsj.com
With India’s prime minister headed for Canada this week, authorities for the two sides have stepped up negotiations on a foreign-investment-protection pact that has been stuck in limbo for years.
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.
Canada actively considering joining China-led Asian bank
– theglobeandmail.com
Canada broke its silence on Tuesday over whether it would take part in the China-led Asian Infrastructure Investment Bank, signalling it was actively considering joining the institution.
