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
Inflation a scourge for retirees? Ottawa’s silver lining(s) + MORE Dec 20th
While inflation and taxes are both major scourges for retirees, there’s a silver lining in how the two interact. That’s because the federal government builds in a degree of inflation-indexing to tax brackets, retirement vehicle contribution room and major retirement programs like the Canada Pens.... More »
Before the Bell: U.S. futures muted, Canadian investors weigh earnings - The Globe and Mail Nov 9th
Before the Bell: U.S. futures muted, Canadian investors weigh earnings The Globe and MailTSX Today: What to Watch for in Stocks on Thursday, November 9 The Motley Fool CanadaUpbeat earnings, energy shares drive TSX higher ReutersThe close: TSX extends pullback as res.... More »
Old-school financial advice that no longer applies Feb 12th
Buying a starter home, living on one income and staying in the same job for 40 years—life was very different for older generations and many young people have realized what worked for their parents doesn’t necessarily work in today’s modern world.
As younger Canadians continue to fac.... More »
An investor’s guide to ESG reporting in Canada + MORE Apr 20th
If you want to put your money into sustainable or responsible investments, you have more options on the market now than ever. Not only can you find exchange-traded funds (ETFs) and other funds specifically designed with ESG—environmental, social and governance—factors in mind, but individual com.... More »
TC Energy to proceed with Keystone XL pipeline after US$1.1 billion investment from Alberta government - Financial Post Mar 31st
TC Energy to proceed with Keystone XL pipeline after US$1.1 billion investment from Alberta government Financial PostAlberta investing US$1.1 billion in Keystone XL pipeline BNNBloomberg.caTC Energy to start work on Keystone XL pipeline after $1.1B US Alberta investment &n.... More »
A true-ish story of a Russian oligarch’s rise and fall
– macleans.ca
ONCE UPON A TIME IN RUSSIA
Ben Mezrich
The mass sell-off of Russian state assets following the collapse of the Soviet Union created a new class of men known as oligarchs, whose wealth had rarely been paralleled, and whose power could save or doom politicians. In July 2000, 18 such men were summoned by Russia’s new president, Vladimir Putin, and warned that although they would be allowed to keep their billions, they had to stay out of politics. Underlining the severity of Putin’s warning was the location of the gathering: a dacha that once belonged to the Soviet dictator and mass murderer, Joseph Stalin.
It’s a telling anecdote, one that nicely foreshadows a major plotline in Mezrich’s book: the clash between Boris Berezovsky, one of Russia’s richest oligarchs, and Putin, the man he helped bring to power but against whom he later turned.
The meeting might have transpired as Mezrich describes it, but we can’t know for sure. Although the book title says this is a true story, Mezrich provides few details about his sources…
Liberals, NDP to debate proposed B.C. LNG deal during summer legislative session
– canadianbusiness.com
VICTORIA – British Columbia’s politicians are returning to the legislature to debate the details of an agreement that could pave the way for the largest private investment in the province’s history — a proposed $36-billion liquefied natural gas export plant.
The Pacific NorthWest LNG project planned for Lelu Island near Prince Rupert still requires federal environmental approval, and Malaysian energy giant Petronas has yet to make its final investment decision.
But ratifying the project development agreement in the legislature provides investor certainty, Finance Minister Mike de Jong said.
“We think the stakes are big,” he said about the deal he will introduce this week though legislative sessions are not typically held in the summer.
“We are anxious to address the remaining issues that would lead to this particular project moving forward,” De Jong said.
He said the potential economic returns from B.C.’s first LNG deal would outweigh targeted-tax tradeoffs included in a 25-year deal that is detailed in a legislative document he will table in the legislature…
The Pacific NorthWest LNG project planned for Lelu Island near Prince Rupert still requires federal environmental approval, and Malaysian energy giant Petronas has yet to make its final investment decision.
But ratifying the project development agreement in the legislature provides investor certainty, Finance Minister Mike de Jong said.
“We think the stakes are big,” he said about the deal he will introduce this week though legislative sessions are not typically held in the summer.
“We are anxious to address the remaining issues that would lead to this particular project moving forward,” De Jong said.
He said the potential economic returns from B.C.’s first LNG deal would outweigh targeted-tax tradeoffs included in a 25-year deal that is detailed in a legislative document he will table in the legislature…
Euro zone leaders told near-bankrupt Greece at an emergency summit on Sunday that it must restore trust by enacting key reforms before they will open talks on a new financial rescue to keep it in the European currency area.
CBC.caGreece crisis: Eurozone leaders gather as bid for bailout continuesCBC.caGreece moved closer on Sunday to a desperately needed deal with European creditors which would stave off immediate financial collapse and the country's potential exit from the euro. Facing a self-imposed Sunday deadline, the eurozone's top official, …Greece must do more to earn rescue: Euro zone leadersToronto SunEuropean leaders meet on whether to rescue Greece or cut it looseUSA TODAYFrom Greece talks, a less united Europe emergesWashington PostTelegraph.co.uk -New York Times -The Guardianall 2,433 news articles »
