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
Toronto stock market a rare bright spot as U.S. indexes, loonie, oil and gold fall + MORE Aug 30th
TORONTO – The Toronto stock market was a rare bright spot in morning trading today as American indexes, oil, gold and the loonie all lost ground.
The S&P/TSX composite index rose 52.47 points to 14,733.44.
The Dow Jones industrial average was down by 57.15 points to 18,445.84, the broader .... More »
How to earn more rewards with your credit cards Mar 30th
If you’re like many Canadians, you may feel your credit card rewards aren’t delivering as much value as they could. After all, cards are often marketed with generous welcome bonuses and the promise of effortless cash back, travel points, statement credits, and more. If those rewards don’t seem.... More »
Bad Credit Scores Can Also Be Granted a Loan Mar 2nd
Most of the time, you will get discouraged when you think that you have a bad credit score. There are times when you need to get a loan and is just too scared to discover that you have a bad credit score from the past years or months. However, there are still money lenders that can provide you with .... More »
Add Value to Your Home With These Home Changes May 20th
East or west, home is the best. Well, rightly so. Your home is your sanctuary, an area of comfort and stability that ties to your daily routine. To an extent, your home is your most significant investment, as it should be. That being said, you must maintain and add value to your home through renovat.... More »
6 money lessons I wish I knew in my 20s + MORE Apr 28th
Introducing Making It, a new column in which writer Sandy Yong aims to help young adults get their financial footing.
Being in your early 20s is full of exciting milestones, but it can also be a nerve-wracking time. With so much to learn—from choosing a career path to renting your first apartme.... More »
Money saving tips for summer fun
– moneysense.ca
(David Franklin/Getty Images)Summer is here and that means Canadians will be going out and spending time with friends and family—but, apparently, not saving money.
A new survey by Tangerine reveals that 52% of Canadians adopt a more relaxed attitude when it comes to spending during the warmer months, blowing their funds on entertainment and vacations. A whopping 83% said that this spike in spending would impact how much they could save.
On average, Canadians plan to spend about $5,605 in the summer time, according to a BMO Summer Spending Survey—with 61% relying on credit cards to pay for these splurges. The biggest single expense? Vacations and trips with an average spend of $2,038 .
All this spending leads to two, related problems: savings slowing to a trickle and Canadians acquiring even more debt. According to Dr. Moira Somers, a financial psychologist, this more carefree money mindset occurs because normal routines change in the summer, causing you to become less conscious of your spending…
Cybertheft and island-building stoke US-China tensions ahead of high-level talks in Washington
– canadianbusiness.com
WASHINGTON – Tensions between the U.S. and China are growing over its island-building in the South China Sea and over suspicions that Beijing was behind a massive hack into a federal government server that resulted in the theft of personnel and security clearance records of 14 million employees and contractors.
But both powers have incentives to calm the waters ahead of the Chinese leader’s visit to Washington in the fall.
The two countries’ top diplomats and finance officials meet here next week for the annual U.S.-China strategic and economic dialogue. The Obama administration says the two governments won’t be papering over their differences, but they are expected to accentuate the positive, stressing areas of co-operation, like climate change.
Civilian and military officials will meet Monday to discuss thorny security issues. Secretary of State John Kerry and Treasury Secretary Jacob Lew kick off two days of talks Tuesday with Vice Premier Wang Yang and State Councilor Yang Jiechi on a sprawling agenda, including plans for a bilateral investment treaty…
But both powers have incentives to calm the waters ahead of the Chinese leader’s visit to Washington in the fall.
The two countries’ top diplomats and finance officials meet here next week for the annual U.S.-China strategic and economic dialogue. The Obama administration says the two governments won’t be papering over their differences, but they are expected to accentuate the positive, stressing areas of co-operation, like climate change.
Civilian and military officials will meet Monday to discuss thorny security issues. Secretary of State John Kerry and Treasury Secretary Jacob Lew kick off two days of talks Tuesday with Vice Premier Wang Yang and State Councilor Yang Jiechi on a sprawling agenda, including plans for a bilateral investment treaty…
Low prices and rising global political will are shifting future of the oil sands
– theglobeandmail.com
Should oil sands investment continue to ignore carbon costs and discount political rhetoric, or should it expect a decarbonized future, where oil prices and carbon policy both drive investment returns?
