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
Want to save money on gifts? Embrace holiday sales, and start early Nov 23rd
Have you started your holiday shopping yet? Plenty of Canadians are hitting “Add to cart” extra-early, whether they’re buying for Christmas, Kwanzaa or Hanukkah. Last year, supply-chain issues frustrated shoppers. The shipping delays have improved somewhat this year, but now inflation and tigh.... More »
Government formally apologizes to Omar Khadr, as Andrew Scheer condemns 'disgusting' payout - CBC.ca + MORE Jul 7th
CBC.caGovernment formally apologizes to Omar Khadr, as Andrew Scheer condemns 'disgusting' payoutCBC.caThe federal government has formally apologized to former Guantanamo Bay prisoner Omar Khadr, confirming Friday a financial settlement has been reached to end ongoing legal action. "O.... More »
How to keep your holiday spending in check Nov 29th
According to Equifax Canada data, there was a 1.9% rise in total debt per consumer at the end of the second quarter in 2019. Unsurprisingly, a recent survey commissioned by Equifax also found that 55% of Canadians say they’ll be spending less on holiday gifts this year. Hmm, I wonder why that.... More »
Watch: The differences between a TFSA and RRSP + MORE Sep 22nd
A tax-free savings account (TFSA) is a registered account that holds investments and allows you to grow your money tax-free and withdraw it tax-free. That means you don’t have to report any income earned in the account on your personal tax returns. A registered retirement savings plan (RRSP) is al.... More »
What to make of this quarter’s “earnings season” Apr 20th
People often pay attention to what JPMorgan Chase CEO Jamie Dimon has to say about his business, but a lot more eyeballs than usual were on the company last Tuesday when it reported its first quarter earnings. Along with Johnson & Johnson, Wells Fargo and a handful of others, the bank is usually.... More »
Emera to buy Florida utility Teco Energy for $6.5-billion
– theglobeandmail.com
Under the terms of the all-cash agreement, Teco Energy shareholders will receive $27.55 per common share, a 48-per-cent premium based on Teco’s July 15 closing stock price
Flash-crash circuit breakers may have to be tweaked for ETF era
– theglobeandmail.com
Unintended consequences being studied as safeguards put in place after 2010 may not have anticipated the speedy evolution of investment vehicles
Business Highlights
– canadianbusiness.com
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US jobless rate falls to 7-year low; Fed move still unclear
WASHINGTON (AP) — U.S. unemployment fell to a seven-year low of 5.1 per cent last month, but hiring slowed — a mixed bag of news that offers few clues to whether the Federal Reserve will raise rock-bottom interest rates later this month.
The Labor Department report, issued Friday, was closely watched because it will be the last snapshot of the job market before the Fed meets in two weeks. And overall, it painted a picture of an economy growing at a modest but steady pace seven years after the Great Recession.
But it wasn’t the unambiguous signal many on Wall Street were hoping for.
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China’s stock rescue jolts companies, reform plans
BEIJING (AP) — Tonhe Electronics is a casualty of Beijing’s frantic effort to stop a stock market bust.
The maker of electrical equipment, part of a technology industry the ruling Communist Party wants to promote, hoped to raise 200 million yuan ($32 million) from an initial public offering of stock to build a research and development centre…
US jobless rate falls to 7-year low; Fed move still unclear
WASHINGTON (AP) — U.S. unemployment fell to a seven-year low of 5.1 per cent last month, but hiring slowed — a mixed bag of news that offers few clues to whether the Federal Reserve will raise rock-bottom interest rates later this month.
The Labor Department report, issued Friday, was closely watched because it will be the last snapshot of the job market before the Fed meets in two weeks. And overall, it painted a picture of an economy growing at a modest but steady pace seven years after the Great Recession.
But it wasn’t the unambiguous signal many on Wall Street were hoping for.
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China’s stock rescue jolts companies, reform plans
BEIJING (AP) — Tonhe Electronics is a casualty of Beijing’s frantic effort to stop a stock market bust.
The maker of electrical equipment, part of a technology industry the ruling Communist Party wants to promote, hoped to raise 200 million yuan ($32 million) from an initial public offering of stock to build a research and development centre…
Reuters UKG20 promises transparency on rate moves as global economy disappointsReuters UKANKARA World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected U.S. rate rise a risk to growth, a draft communique showed on Friday. Many emerging …US Treasury Secretary Lew Presses China on Yuan PolicyWall Street JournalCommunique will not urge Fed against rate hikes – G20 delegate | ReutersFirstpostG-20 Dodges Devaluation Dispute as China Preaches Yuan StabilityBloombergEconomic Times -The Daily Starall 378 news articles »
TSX falls as jobs data fails to lift fog on rates – Reuters Canada
– news.google.ca
Financial PostTSX falls as jobs data fails to lift fog on ratesReuters CanadaTORONTO (Reuters) – Canada's main stock index fell broadly on Friday as mixed employment data provided little clarity for investors ahead of central bank monetary policy meetings on both sides of the border. The Toronto Stock Exchange's S&P/TSX …The close: TSX falls amid US rate uncertaintyThe Globe and MailCANADA STOCKS-TSX falls as jobs data fails to lift fog on ratesReutersRoundup: Canadian stock market tumbles over weak job dataGlobalPostMarketWatch -Investing.comall 74 news articles »
