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
Tips for the First Time Car Buyer Dec 22nd
Buying your first new car can be both exciting and terrifying. Keep your chin up though, because we’ve got you covered. These seven tips for first time car buyers will help you get the right car for your needs — at a price with which you can comfortably live.
Determine Your Budget
Way too man.... More »
Buying your first stocks in Canada Jun 21st
Where should you start if you’re a newcomer to Canada who wants to invest? This article provides an overview of the Canadian investing landscape, from investment types and financial markets to investment advisors, online brokers and robo-advisors.
Types of investing accounts
In Canada, there.... More »
TSX rallies, while New York stocks head lower before late-day bounce + MORE Dec 27th
A day after Wednesday's dramatic rise, New York stock markets reversed course and headed downwards amid uncertainty over trade and U.S. growth, then had another change of direction in the final hour of trading and ended in positive territory..... More »
How Do You Measure Your Rate of Return? May 27th
All investors care deeply about their returns, and with good reason. If you’re an active investor, you’ll want to compare the performance of your portfolio to an index benchmark to see whether you (or your advisor) added value with stock selection or market timing. Even if you’re a.... More »
Stock news for investors: Goeasy shares plunge nearly 60% after lender suspends dividend Mar 13th
Here’s a round-up of news for Canadian investors this week.
Goeasy
Algoma Steel
Transat
RBC
MDA Space
Empire
Featured RRSP Accounts
featured
EQ Bank
Build your retirem.... More »
Japanese conglomerate Nikkei is buying venerable financial newspaper Financial Times for 160 billion yen, or about $1.7 billion.
Puerto Rico power company rejects bondholder group’s proposal for $8.1 billion debt exchange
– canadianbusiness.com
SAN JUAN, Puerto Rico – Puerto Rico’s power company on Thursday rejected a new proposal from bondholders that calls for an $8.1 billion debt exchange amid growing concerns the public agency could be the first one in the U.S. territory to go bankrupt.
The Electric Power Authority said the proposal would not lead to a successful restructuring and does not share the burden of its more than $9 billion debt.
“It imposes disproportionate risks on ratepayers and other creditors,” the company said in a statement. “In addition to being unachievable, it is not supported by other creditor constituencies such as the bond insurers or the revolving fuel line lenders.”
The negotiations between the power company and the bondholders group comes nearly two months after the agency submitted a long-awaited restructuring plan that calls for a minimum investment of $2.3 billion and a revision of rate structures, among other things. The full plan has not been publicly released…
The Electric Power Authority said the proposal would not lead to a successful restructuring and does not share the burden of its more than $9 billion debt.
“It imposes disproportionate risks on ratepayers and other creditors,” the company said in a statement. “In addition to being unachievable, it is not supported by other creditor constituencies such as the bond insurers or the revolving fuel line lenders.”
The negotiations between the power company and the bondholders group comes nearly two months after the agency submitted a long-awaited restructuring plan that calls for a minimum investment of $2.3 billion and a revision of rate structures, among other things. The full plan has not been publicly released…
The Financial Post’s Jonathan Ratner looks at some of the day’s top business and financial stories.
Valeant’s rapid rise to most valuable stock signals treacherous times for index investors
– theglobeandmail.com
As pharmaceutical giant vaults past Royal Bank as front runner, other sectors of the S&P/TSX composite are wrestling with problems
Stronach’s Acasta boosts IPO to $350-million
– theglobeandmail.com
Star studded company on track to be biggest SPAC IPO this year
