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
Canadian dollar, TSX gain strength Wednesday as oil price rises - Montreal Gazette + MORE Jan 27th
The Globe and MailCanadian dollar, TSX gain strength Wednesday as oil price risesMontreal GazetteTORONTO - The Canadian dollar and Toronto Stock Exchange gained strength as Wednesday's trading session progressed. The S&P/TSX composite index had been down shortly after the open but was up 13.... More »
Lyft hikes final IPO price to $72 a share as excitement rises Mar 28th
Lyft is lifting the price target for its initial public offering in a sign of the excitement surrounding the stock market debut of a ride-hailing service that's gaining ground on its rival Uber..... More »
Uber selling Southeast Asian business to regional rival Grab + MORE Mar 27th
BANGKOK _ Ride-hailing giant Uber is selling its business in Southeast Asia to regional rival Grab while gaining a robust stake in the fast-growing ridesharing, food delivery and financial services business.
Grab said Monday that Uber will take a 27.5 per cent stake and a seat on its board as part o.... More »
Should this DIY investor go all in on this international ETF? May 29th
Ask MoneySense
I am seriously considering investing in ETFs. Is there a penalty or limit into investing solely on an international ETF such as XAW?—Michael
Exchange-traded funds (ETFs) can be a great investment tool, Michael. There are over 900 ETFs listed on the TSX right now, according to th.... More »
A diversified apartment REIT for investors seeking an attractive yield + MORE Nov 30th
Investors are drawn to Northview’s rich dividend yield and potential to grow once oil markets recover
.... More »
It is long past time that Canada’s congested cities began putting a price on some of their most precious real estate, says a new report from Canada’s Ecofiscal Commission.
New Jersey lawmaker plans bill to regulate daily fantasy sports; would allow casinos to offer
– canadianbusiness.com
ATLANTIC CITY, N.J. – A lawmaker plans to introduce a bill that would regulate daily fantasy sports in the state, putting an agency widely considered the toughest gambling regulator in the country in charge of it.
Sen. Jim Whelan, a Democrat and former Atlantic City mayor, said Monday he’ll introduce a bill after conferring with the state Division of Gaming Enforcement, which would oversee daily fantasy sports play in New Jersey.
His plans come after Gov. Chris Christie ridiculed the concept during last week’s Republican presidential debate. Christie said the government has more important priorities given that terrorists are on the march overseas and financial woes abound in the United States and abroad.
The plan also comes as gambling regulators or legislators in several states are moving to regulate daily fantasy sports or considering doing so, saying they amount to gambling. Nevada gambling regulators last month required companies offering daily fantasy sports to obtain state gambling licenses…
Sen. Jim Whelan, a Democrat and former Atlantic City mayor, said Monday he’ll introduce a bill after conferring with the state Division of Gaming Enforcement, which would oversee daily fantasy sports play in New Jersey.
His plans come after Gov. Chris Christie ridiculed the concept during last week’s Republican presidential debate. Christie said the government has more important priorities given that terrorists are on the march overseas and financial woes abound in the United States and abroad.
The plan also comes as gambling regulators or legislators in several states are moving to regulate daily fantasy sports or considering doing so, saying they amount to gambling. Nevada gambling regulators last month required companies offering daily fantasy sports to obtain state gambling licenses…
Canadian Taxpayer’s Federation says Saskatchewan debt growing too fast
– canadianbusiness.com
REGINA – The Canadian Taxpayer’s Federation is telling the Saskatchewan government to cut up the credit card.
The federation, which is on a national tour with its debt clock, says the amount Saskatchewan is borrowing is growing too fast.
The federation says the province will have $5.7 billion of debt by the end of the year and says the amount of increasing $2.7 million per day.
Finance Minister Kevin Doherty $700 million will be borrowed this year for highways, health care facilities and joint-use schools, but says it’s necessary.
The borrowed money comes with a two per cent sinking fund attached to be paid back over 30 years, which Doherty maintains “is a responsible use of taxpayer dollars.”
The NDP opposition is also concerned with the amount the province is borrowing.
Finance critic Trent Wotherspoon says after a decade of resource wealth, “it’s shocking that the Sask. Party has to borrow or use pricey P3 rental schemes to get the infrastructure we desperately need…
The federation, which is on a national tour with its debt clock, says the amount Saskatchewan is borrowing is growing too fast.
The federation says the province will have $5.7 billion of debt by the end of the year and says the amount of increasing $2.7 million per day.
Finance Minister Kevin Doherty $700 million will be borrowed this year for highways, health care facilities and joint-use schools, but says it’s necessary.
The borrowed money comes with a two per cent sinking fund attached to be paid back over 30 years, which Doherty maintains “is a responsible use of taxpayer dollars.”
The NDP opposition is also concerned with the amount the province is borrowing.
Finance critic Trent Wotherspoon says after a decade of resource wealth, “it’s shocking that the Sask. Party has to borrow or use pricey P3 rental schemes to get the infrastructure we desperately need…
Bombardier stock price would collapse with federal bailout, analysts warn
– theglobeandmail.com
If the incoming federal Liberal government tops up Quebec’s aid package to fund the C Series airplane, the transportation giant’s troubled stock could provide further shock to investors
