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.
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The best GIC rates in Canada for 2025 + MORE Jul 7th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Making sense of the markets this week: October 6, 2024 + MORE Oct 4th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Nike and Carnival’s Shareholders Cruise to Profitable Destination
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Planning to use your home equity in retirement Jun 3rd
How much of your net worth is wrapped up in your home? According to Statistics Canada, the median net worth for senior families in 2023 was $1,109,700. The most common type of asset for Canadians was a family home, with a median value of $500,000.
Since home equity makes up such a significant all.... More »
Brexit's toll: UK economy at weakest since financial crisis Feb 11th
Amid mounting uncertainty over Brexit, the British economy slowed last year to its weakest growth rate since the aftermath of the global financial crisis..... More »
Don’t forget savings for children’s education in RRSP season + MORE Feb 22nd
Too focused on retirement to invest in your children’s postsecondary education? These plans could help you do both.
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Canada’s benchmark stock index lost 2.8 per cent on another bleak day for commodities like oil, gold and copper.
Big utilities entering market for small-scale solar power on customer rooftops
– canadianbusiness.com
ALBUQUERQUE, N.M. – Traditional power companies are getting into small-scale solar energy and competing for space on your rooftop.
The emerging competition comes as utilities and smaller solar installers fight over the future of the U.S. energy system. While the market for residential solar power remains a financial drop in the bucket for a big utility, the installation of solar panels overall grew by more than 50 per cent in 2014 and is on track for another record-breaking year at time when the traditional utility business is pretty flat.
“The whole theory is you need to serve your customer or someone will serve them for you,” said Raiford Smith, a vice-president at CPS Energy in San Antonio, Texas, where 3,000 customers are interested in getting utility-owned rooftop panels. “I think the entire market is in a race for rooftop.”
These moves may have a range of effects for customers. The utilities experimenting in Arizona, Georgia, Michigan and Texas could make solar more affordable for average consumers by energizing competition and driving down prices…
The emerging competition comes as utilities and smaller solar installers fight over the future of the U.S. energy system. While the market for residential solar power remains a financial drop in the bucket for a big utility, the installation of solar panels overall grew by more than 50 per cent in 2014 and is on track for another record-breaking year at time when the traditional utility business is pretty flat.
“The whole theory is you need to serve your customer or someone will serve them for you,” said Raiford Smith, a vice-president at CPS Energy in San Antonio, Texas, where 3,000 customers are interested in getting utility-owned rooftop panels. “I think the entire market is in a race for rooftop.”
These moves may have a range of effects for customers. The utilities experimenting in Arizona, Georgia, Michigan and Texas could make solar more affordable for average consumers by energizing competition and driving down prices…
XinhuaChina's Xi says to prioritise energy cooperation with IranYnetnewsChina will prioritise its energy and financial cooperation with Iran, as the recent nuclear deal means there is now even more opportunity to work together, Chinese President Xi Jinping told his Iranian counterpart Hassan Rouhani. China and Iran have …Xi says China "will never pursue hegemony"Reuters IndiaChinese President Xi Jinping wraps up US tripEconomic TimesChina to Create $1 Billion Fund to Support UNWall Street Journal (blog)all 177 news articles »
TSX sinks as metals, healthcare stocks fall
– thestar.com
North American stock markets closed sharply down as more evidence of a continuing slowdown in China delivered a blow to commodity prices.
Just under half of 722 TSX-listed companies have at least one woman on their board of directors, and progress in getting them to draft policies to recruit more female directors has been scant.
