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
Callidus Capital denies it is subject to whistle-blower complaints + MORE Aug 10th
Callidus Capital Corp. and its parent, Catalyst Capital Group, are reported to have inflated the value of assets and deceived borrowers on the terms of loans
.... More »
How to Make Your Business Inflation-Proof + MORE Oct 17th
Pivoting through the economic challenges brought on by the pandemic, businesses have shown a great deal of creativity and resilience over the last two years. As Canada’s road to recovery continues, entrepreneurs and larger businesses alike must now confront the latest challenge—inflation.
In .... More »
When not to contribute to a TFSA + MORE Jan 3rd
Q: My wife and I would like to put our inheritance (approximately $80,000) into our TFSAs, which we have never used, to generate as much tax-free monthly income as possible.
Any tips, suggestions?
—Richard
A: Tax-Free Savings Accounts (TFSAs) are a good tool, but they’re just one of many avai.... More »
A parents’ guide to home down payment gifts and loans + MORE Aug 20th
It used to be that parents budgeted for post-secondary education or contributing to the costs of a child’s wedding. But now, I am increasingly finding parents planning for home down payment gifts.
The statistics support this and show an increase in down payment help in recent years. A CIBC stud.... More »
CPPIB using its shareholder votes to push for more women on corporate boards: CEO + MORE Nov 11th
TORONTO _ Canada’s largest retirement fund manager is pushing to have more women on corporate boards because diversity makes for better business decisions, CPPIB chief executive Mark Machin said Friday.
“This is a high priority for us,” Machin said in an interview after Canada Pens.... More »
The heirs to Murdoch’s empire: James and Lachlan in; Elisabeth, Prudence, Grace, Chloe out
– canadianbusiness.com
LOS ANGELES, Calif. – Sibling rivalries. A quest for power. An affair. A scandal. The turbulent lives of 84-year-old billionaire Rupert Murdoch and his heirs returned to the spotlight this week as the aging magnate took steps to hand over control of the media empire he built nearly from scratch.
The Murdoch family — whose assets include The Wall Street Journal, Fox News and the 20th Century Fox movie studio — in some places garners the type of paparazzi coverage its global outlets have bestowed on royals.
But unlike with royals, in the Murdoch family, the eldest child’s inheritance is never ensured.
Once it was Lachlan, then it was James, and now both seem to be positioned to soon control the media behemoth that split into two separate entertainment and publishing companies two years ago: News Corp. and 21st Century Fox.
And in the wings operates spurned daughter Elisabeth, whose independent voice and fortune have made her one of London’s top socialites and a media power in her own right…
The Murdoch family — whose assets include The Wall Street Journal, Fox News and the 20th Century Fox movie studio — in some places garners the type of paparazzi coverage its global outlets have bestowed on royals.
But unlike with royals, in the Murdoch family, the eldest child’s inheritance is never ensured.
Once it was Lachlan, then it was James, and now both seem to be positioned to soon control the media behemoth that split into two separate entertainment and publishing companies two years ago: News Corp. and 21st Century Fox.
And in the wings operates spurned daughter Elisabeth, whose independent voice and fortune have made her one of London’s top socialites and a media power in her own right…
Photograph by Jennifer RobertsRobert Ellis purchased his two-storey house in Toronto’s Leaside neighbourhood 14 years ago. He was drawn to the area’s leafy streets, sturdy, double-brick 1930s-era homes and the proximity to local merchants on nearby Bayview Avenue—the proverbial “butcher, baker and candlestick-maker,” as he calls them. But the idyllic existence was shattered in 2012 when the bungalow next door sold for $760,000. The buyer, who appeared to be acting for a developer, planned to tear down the one-storey structure and build a much larger house to be sold at a significant profit—a feat made possible by the double-digit increases of Toronto property values in recent years.
Ellis, a lawyer, wasn’t thrilled with the idea of living next to a construction site, but was prepared to make the best of it—until he saw the sheer size of what was being erected. “You’re talking about something that was 800 or 900 sq. ft. being replaced by a house that has 1,250 sq…
