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
Canada Post workers make new proposal and hold off strike notice + MORE Jul 2nd
(Adrian Wyld, CP)
The union representing postal workers says it has presented Canada Post with new offers, and workers won’t be striking before Wednesday at the earliest.
The Canadian Union of Postal Workers must give 72 hours notice of any job action by its 50,000 members and it hasn’.... More »
AMC Entertainment, BlackBerry Lead Stock Markets Higher - Motley Fool + MORE Jun 2nd
AMC Entertainment, BlackBerry Lead Stock Markets Higher Motley FoolAMC CEO has gone 'all in' on investors from Reddit: 'Margins' editor Ranjan Roy CNBC TelevisionHedge Fund Flips ‘Overvalued’ AMC, and Shares Keep Surging Yahoo Canada FinanceAMC: a feature, not a .... More »
Warner Bros. teams up with Chinese investment company to produce Chinese-language films Sep 20th
BEIJING, China – Hollywood studio Warner Bros. and a Chinese investment company said Sunday that they will jointly produce Chinese-language movies for the international market, as entertainment companies in the world’s two biggest movie markets increasingly collaborate.
Warner Bros. and .... More »
Mission digital: How Coinbase is reshaping Canada’s crypto landscape + MORE Jul 11th
If you don’t follow crypto, you may have missed this news in April: Coinbase became the largest cryptocurrency exchange to be registered as a restricted dealer in Canada, as well as the first international crypto exchange to receive this status.
Coinbase Global Inc., based in the U.S., is a pub.... More »
Nvidia forecast shatters estimates as AI boom stays strong - BNN Bloomberg + MORE May 22nd
Nvidia forecast shatters estimates as AI boom stays strong BNN BloombergNvidia stock pops 4% after earnings beat forecasts, announcing stock split and dividend hike Yahoo Canada FinanceNVIDIA Announces Financial Results for First Quarter Fiscal 2025 NVIDIA BlogDow Jo.... More »
A mansion currently under construction in a Vancouver neighbourhood popular with Chinese buyers REUTERS/Julie GordonStephen Harper stood by the waterfront in North Vancouver on a beautiful, sunny Wednesday this past week—the kind of day that makes the city so attractive to foreign investors, and so unaffordable for others. With Vancouver’s glass skyline as a backdrop, the prime minister noted that 15 per cent of housing units in the city sit empty, collecting dust. “No dreams are living there,” he said. “If such foreign, non-resident buyers are artificially driving up the cost of real estate, and Canadian families are shut out of the market, that is a matter we can and should do something about.”
To address the foreign ownership question Harper may have picked Vancouver, where the debate over offshore buyers is most acute—after all, Vancouver is the second most unaffordable housing market in the world, according to a Demographia International Housing Affordability Survey, trailing only Hong Kong—but with the election two months away he was no doubt aware it would resonate across the country…
Economists applaud promise to collect data on foreign investment in real estate
– theglobeandmail.com
‘First get the information, then decide,’ said CIBC economist Benjamin Tal.
Technology stocks, attractive in a slow-growth world, are investors’ favourites again
– canadianbusiness.com
NEW YORK, N.Y. – Technology stocks are trending big-time as investors latch on to innovative companies racing ahead in a slow-growth world.
The tech-heavy Nasdaq is the best performing major U.S. stock index this year, gaining 6.6 per cent as the Standard & Poor’s 500 and the Dow Jones Industrial averages have wavered between small gains and losses.
The industry has re-established itself as the dominant sector in the U.S. stock market and currently accounts for 20 per cent of the value of the S&P 500 index. That is tech’s largest share since the dot-com bubble, and makes it the biggest sector in the market.
But the sector’s success isn’t universal. Some of the most recent earnings reports from big tech companies have highlighted both the good and the bad for the industry.
Here are three positive trends for tech, and two negative ones.
ROOM TO GROW
The economy is still expanding, but at a tepid pace.
Tech companies, however, are generating rapidly rising sales and profits as they disrupt older industries…
The tech-heavy Nasdaq is the best performing major U.S. stock index this year, gaining 6.6 per cent as the Standard & Poor’s 500 and the Dow Jones Industrial averages have wavered between small gains and losses.
The industry has re-established itself as the dominant sector in the U.S. stock market and currently accounts for 20 per cent of the value of the S&P 500 index. That is tech’s largest share since the dot-com bubble, and makes it the biggest sector in the market.
But the sector’s success isn’t universal. Some of the most recent earnings reports from big tech companies have highlighted both the good and the bad for the industry.
Here are three positive trends for tech, and two negative ones.
ROOM TO GROW
The economy is still expanding, but at a tepid pace.
Tech companies, however, are generating rapidly rising sales and profits as they disrupt older industries…
Japan stocks rise after poor economy report raises stimulus hopes, other Asian indexes fall
– canadianbusiness.com
HONG KONG – Japanese stocks rose after poor quarterly economic data raised hopes of more economic stimulus while other Asian indexes fell.
KEEPING SCORE: Japan’s benchmark Nikkei 225 index rose 0.6 per cent to 20,637.70. However, most other major Asian indexes declined, with South Korea’s Kospi slipping 0.3 per cent to 1,978.13 and Hong Kong’s Hang Seng fell 0.7 per cent to 23,838.33. The Shanghai Composite Index in mainland China fell 0.9 per cent to 3,930.36. Australia’s S&P/ASX 200 rose 0.5 per cent to 5,380.80.
JAPAN ECONOMY: Asia’s second-biggest economy contracted 1.6 per cent in the April-June quarter on bad weather and slowing China demand, according to the latest government data. Prime Minister Shinzo Abe has championed a huge stimulus program aimed at kickstarting economic growth but analysts say the poor results so far suggest that the central bank may pump in even more money in the months to come, a move that would also support the stock market…
KEEPING SCORE: Japan’s benchmark Nikkei 225 index rose 0.6 per cent to 20,637.70. However, most other major Asian indexes declined, with South Korea’s Kospi slipping 0.3 per cent to 1,978.13 and Hong Kong’s Hang Seng fell 0.7 per cent to 23,838.33. The Shanghai Composite Index in mainland China fell 0.9 per cent to 3,930.36. Australia’s S&P/ASX 200 rose 0.5 per cent to 5,380.80.
JAPAN ECONOMY: Asia’s second-biggest economy contracted 1.6 per cent in the April-June quarter on bad weather and slowing China demand, according to the latest government data. Prime Minister Shinzo Abe has championed a huge stimulus program aimed at kickstarting economic growth but analysts say the poor results so far suggest that the central bank may pump in even more money in the months to come, a move that would also support the stock market…
Seven tips to build a fat RRSP nest egg
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
We’ve all heard it before. The biggest enemy to your financial future is you. This of course is true. I’ve learned to appreciate this fact more than fiction because of my own investing experiences. I used to tinker with investments in my Registered Retirement Savings Plan (RRSP) in my 20s. Chase this hot mutual fund; chase that one. I always felt like I was playing catch-up when it came to fund performance (and I was).
For the last 6 years though things have changed. I learned more about investing and my behaviours related to market swings, so I’ve been able to rid myself of very poor investing habits. Staying out of my own way is just one way to build a fat RRSP nest egg. Here are six more tips.
1. Focus long-term
Investing is not a race and it’s not a fad. The very definition of an investment is an asset purchased with the hope it will generate income or appreciate in value in the future, so from an economic sense, assets are not used today…
We’ve all heard it before. The biggest enemy to your financial future is you. This of course is true. I’ve learned to appreciate this fact more than fiction because of my own investing experiences. I used to tinker with investments in my Registered Retirement Savings Plan (RRSP) in my 20s. Chase this hot mutual fund; chase that one. I always felt like I was playing catch-up when it came to fund performance (and I was).
For the last 6 years though things have changed. I learned more about investing and my behaviours related to market swings, so I’ve been able to rid myself of very poor investing habits. Staying out of my own way is just one way to build a fat RRSP nest egg. Here are six more tips.
1. Focus long-term
Investing is not a race and it’s not a fad. The very definition of an investment is an asset purchased with the hope it will generate income or appreciate in value in the future, so from an economic sense, assets are not used today…
