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
Canada's main stock index sustains largest loss in more than a month + MORE Sep 29th
Canada's main stock index sustained its largest loss in more than a month while the loonie regained lost ground after the Canadian economy grew slightly faster than economists had expected in July..... More »
Mullen Group cuts 2016 capital spending, dividend; cites hardship in the oilpatch + MORE Dec 16th
OKOTOKS, Alta. – The Mullen Group Ltd. (TSX:MTL) says it is slashing both its capital budget and dividend as the oilfield services company faced a “challenging and difficult” year in the oilpatch in 2015 and doesn’t expect any improvement in 2016.
In an announcement Wednesday.... More »
Metro Vancouver home sales fall to lowest total since 2000 Jan 3rd
The sales total for 2018 was a quarter below the region’s 10-year sales average, according to the Real Estate Board of Greater Vancouver..... More »
London: Is It Too Expensive For New Businesses? Jul 9th
The allure of London is strong for anyone who’s grown up in the sticks, those places where a cover band in the local pub is about as close to cosmopolitanism as they’ll ever get. To a lot of people outside of major cities, London is a capital filled with bright lights, glittering careers in th.... More »
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 »
How Bad Data Leads to Poor Investment Decisions
– CanadianCouchPotato.com
Making smart investment decisions is difficult enough when you have reliable information. If you’re working with inaccurate or misleading data, good decisions become almost impossible.The most popular source of confusion and misinformation has to be Google Finance. I don’t want to be too hard on Google: the company offers a suite of extraordinarily useful tools for free. But for Canadian investors, Google Finance provides information about ETFs and mutual funds that is highly misleading, and often flat-out wrong. Let’s look at some examples.
The price is right—but it’s only half the story
Google Finance (and other services offering online stock quotes) is useful for charting the changes in an ETF’s price over time. But it does not measure the effect of reinvested dividends and interest. That means you’re only getting half the story: the total return of an investment fund should always be measured assuming all distributions are reinvested.
This can make a dramatic difference when you’re looking at the performance of a fund that pays large distributions…
Flocking to high-flying Shopify may just be wishful thinking
– theglobeandmail.com
Investors are free to buy into the exuberance now, with all the risks and rewards that come with a high-flying IPO stock. The rest of us would be wise to stay off the bandwagon
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,014.09, down 92.91 points):
New Gold Inc. (TSX:NGD). Miner. Up nine cents, or 2.28 per cent, to $4.04 on 26.2 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.78 per cent, to $2.58 on 26.1 million shares.
Veresen Inc. (TSX:VSN). Oil and gas. Up six cents, or 0.32 per cent, to $18.57 on 14.3 million shares.
Carpathian Gold Inc. (TSX:CPN). Miner. Unchanged at 2.5 cents on 10.8 million shares.
Turquoise Hill Resources Ltd. (TSX:TRQ). Miner. Up eight cents, or 1.49 per cent, to $5.46 on 8.1 million shares.
Element Financial Corp. (TSX:EFN). Financial Services. Down 19 cents, or 1.01 per cent, to $18.61 on 6.4 million shares.
Companies reporting major news:
Bank of Nova Scotia (TSX:BNS). Bank. Up 83 cents, or 1.29 per cent, to $65.40 on 5.8 million shares. The bank reported second-quarter net income of $1.8 billion, or $1.42 per share, relatively flat with a year earlier when earnings per share were $1…
Toronto Stock Exchange (15,014.09, down 92.91 points):
New Gold Inc. (TSX:NGD). Miner. Up nine cents, or 2.28 per cent, to $4.04 on 26.2 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.78 per cent, to $2.58 on 26.1 million shares.
Veresen Inc. (TSX:VSN). Oil and gas. Up six cents, or 0.32 per cent, to $18.57 on 14.3 million shares.
Carpathian Gold Inc. (TSX:CPN). Miner. Unchanged at 2.5 cents on 10.8 million shares.
Turquoise Hill Resources Ltd. (TSX:TRQ). Miner. Up eight cents, or 1.49 per cent, to $5.46 on 8.1 million shares.
Element Financial Corp. (TSX:EFN). Financial Services. Down 19 cents, or 1.01 per cent, to $18.61 on 6.4 million shares.
Companies reporting major news:
Bank of Nova Scotia (TSX:BNS). Bank. Up 83 cents, or 1.29 per cent, to $65.40 on 5.8 million shares. The bank reported second-quarter net income of $1.8 billion, or $1.42 per share, relatively flat with a year earlier when earnings per share were $1…
Bank of Nova Scotia capped off earnings season for Canada’s big banks, posting a better-than-expected profit.
Reuters CanadaCanada economy contracts by most in 6 years in first quarterReuters CanadaOTTAWA (Reuters) – Canada's economy contracted by the most in nearly six years in the first quarter, with business investment and exports both falling as the country grappled with a slump in oil prices. Growth in March was also disappointing, suggesting a …MY BIZ: GDP grows 7.3% but data questionedDaily MailGDP grows by 7.3 % but fails to overtake ChinaThe HinduExpert views on India's economy growing 7.5 pct in Jan-March | ReutersFirstpostFinancial Post -Livemint -Arab Newsall 279 news articles »
