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
Canadian Natural Resources blames NDP for financial loss + MORE Aug 6th
A prominent Alberta oil and gas company is blaming the provincial NDP government for a loss this quarter, saying its tax hike is the reason why it was not able to post a profit..... More »
It’s probably time you switched banks—4 easy steps for Canadians + MORE Jun 28th
When you opened your first bank account, chances are it was with the same financial institution your parents used—because, why not? And given how loyal Canadians are to their banks, there’s a good chance you’re still banking with the same institution. In fact, 70% of Canadians held the sa.... More »
How the power of habit can help you retire before your parents do Dec 17th
Rob Berger achieved financial independence by age 49 by changing some of his core habits. He says you can do it too..... More »
Investors flock to TD preferred-share offering despite lower yield + MORE Aug 30th
With financial institutions likely to follow in TD’s steps of lower yields, we now must ask: Have we seen peak yield?
.... More »
Nearly half of investors say advisers don’t help set goals, J.D. Power report + MORE Aug 19th
TORONTO – A new survey suggests that nearly half of Canadian investors aren’t receiving basic goal-setting advice from the advisers they’re paying.
The J.D. Power report found that 46 per cent of full-service Canadian investors say their adviser didn’t help them set goals bas.... More »
Los Angeles TimesSeveral major retailers ban sales of Confederate flagLos Angeles TimesA growing number of retailers are halting sales of the Confederate flag and related merchandise in reaction to its image as a symbol of racial hate, burnished by photos of the man accused of gunning down nine African Americans in a Charleston, S.C., church.Not so fast? Haley could face tough battle in push to remove Confederate flagFox NewsMajor US flag makers to stop making Confederate flagsTimes of IndiaAs Retailers Move to Halt Confederate Flag Sales, Some Buyers Stock UpNew York TimesWashington Post (blog) -Reuters -Boston Heraldall 8,692 news articles »
Sleep Country to seek $200-million in IPO
– theglobeandmail.com
The ompany aims to sell its shares at $14 to $16 a piece, according to the filings
Canadians unwilling to drop bad spending habits
– moneysense.ca
(Getty Images – Betsy Van Der Meer)For the many Canadians, improving their financial situation is just wishful thinking.
According to a new survey by BMO Bank of Montreal, while 88% of Canadians said that they would like to better the state of their finances, a third said they’re not willing to make the sacrifices to do so.
However, this stubborn attitude isn’t preventing more than a third of Canadians from regretting past money mistakes. Around 37% of participants regret spending outside of their means, while 36% lament making impulse purchases.
READ: Student debt-free in just 2 years »
So what’s the cause of their fiscal woes? Around 38% blame bad spending and saving habits for negatively affecting their finances.
In fact, 17% say they have actually felt ashamed or embarrassed by the state of their financial situation and 13% have avoided glancing at their statements or bills altogether.
READ: How to pay off the mortgage in just six years »
“Without healthy routines it’s easy for people to develop a negative relationship with their financial situation, but that doesn’t mean there aren’t ways to change things for the better,” BMO’s Christine Canning said in a press release…
Netflix will execute a seven-for-one stock split next month in a widely anticipated move designed to make the internet video service’s shares more affordable to a bigger pool of investors.
Netflix adopts 7-for-1 stock split in move designed to make shares more affordable
– canadianbusiness.com
SAN FRANCISCO – Netflix will execute a seven-for-one stock split next month in a widely anticipated move designed to make the Internet video service’s shares more affordable to a bigger pool of investors.
The split has been expected since Netflix stockholders voted two weeks ago to authorize the company to substantially increase the number of its outstanding shares. Netflix hadn’t specified the size or timing of the split until Tuesday.
The split will award six additional shares for every share held by Netflix stockholders as of July 2.
When the split occurs July 14, the price of Netflix’s stock will drop sharply to account for the issuance of the additional shares.
Netflix’s stock would fall below $100 if the split were to occur at the stock’s Tuesday closing price of $681.19.
The post Netflix adopts 7-for-1 stock split in move designed to make shares more affordable appeared first on Canadian Business – Your Source For Business News.
The split has been expected since Netflix stockholders voted two weeks ago to authorize the company to substantially increase the number of its outstanding shares. Netflix hadn’t specified the size or timing of the split until Tuesday.
The split will award six additional shares for every share held by Netflix stockholders as of July 2.
When the split occurs July 14, the price of Netflix’s stock will drop sharply to account for the issuance of the additional shares.
Netflix’s stock would fall below $100 if the split were to occur at the stock’s Tuesday closing price of $681.19.
The post Netflix adopts 7-for-1 stock split in move designed to make shares more affordable appeared first on Canadian Business – Your Source For Business News.
