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
Great Canadian Gaming and Clairvest win Ontario casino deal + MORE Dec 19th
TORONTO _ Great Canadian Gaming Corp. and Clairvest Group Inc. have been chosen to operate and develop four Ontario Lottery and Gaming Corp. facilities west of Toronto.
Shares in Great Canadian (TSX:GC) gained more than 10 per cent following the announcement, trading up $4.23 at $34.12 on the Toront.... More »
“Is it time to buy a home, or should I continue renting?” Sep 15th
Early in the summer of 2020, I wrote about how the uncertainty of the COVID-19 pandemic had some home buyers reviewing their decision to jump into the housing market. After a quiet spring season, there’s been a resurgence in housing demand in markets across the country, with record-breaking sales .... More »
Making sense of the markets this week: April 23, 2023 + MORE Apr 21st
All about Canadian investments. Learn the ins and outs and get the latest news.
Making sense of the markets this week: April 23, 2023 - moneysense.caThis week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
We’re moving i.... More »
It’s complicated: The trouble with GoldenTree’s Postmedia sale + MORE Mar 15th
Search for a buyer may face additional hurdles due to Postmedia’s share structure, which was designed to fit within Canada’s rules around foreign ownership of media assets
.... More »
Here’s why investing at the start of the year is so important + MORE Dec 31st
(iStock)
When it comes to saving through registered savings plans, most of us make two very costly mistakes: we tend to contribute too little and too late in the year to get the full benefit of tax-free compounding. It is costing you money—and we’ll prove it.
Sometimes the reason we contribute .... More »
China reins in lending for stock trading as it winds down measures to stop market slide
– canadianbusiness.com
BEIJING, China – China tightened limits Friday on lending to finance stock purchases in its latest step to wind down emergency measures aimed at stopping a market plunge.
The maximum size of such “margin lending” will be cut by half to the equivalent of the amount of cash an investor puts up to buy stocks, down from the previous level of double that amount, the China Securities Regulatory Commission announced.
The move is aimed at strengthening “risk management,” the official Xinhua News Agency said.
Regulators are unwinding emergency measures after stock prices began to rebound from a plunge that started in June. The market benchmark, the Shanghai Composite Index, has risen 9 per cent over the past month.
Before the June slump, the index soared more than 150 per cent starting late last year after state media said shares were inexpensive. That led investors to believe Beijing would step in to prop up prices if necessary.
Regulators began tightening controls on “margin lending” early this year for fear traders were borrowing too much…
The maximum size of such “margin lending” will be cut by half to the equivalent of the amount of cash an investor puts up to buy stocks, down from the previous level of double that amount, the China Securities Regulatory Commission announced.
The move is aimed at strengthening “risk management,” the official Xinhua News Agency said.
Regulators are unwinding emergency measures after stock prices began to rebound from a plunge that started in June. The market benchmark, the Shanghai Composite Index, has risen 9 per cent over the past month.
Before the June slump, the index soared more than 150 per cent starting late last year after state media said shares were inexpensive. That led investors to believe Beijing would step in to prop up prices if necessary.
Regulators began tightening controls on “margin lending” early this year for fear traders were borrowing too much…
UK Treasury chief sells $19.8 billion in mortgages acquired in financial crisis
– canadianbusiness.com
LONDON – Britain’s Treasury says it has sold to a private equity firm some 13 billion pounds ($19.8 billion) in mortgages acquired during the 2008 financial crisis.
The government described its action as the largest ever financial asset sale by a government in Europe. The mortgages, purchased by Cerberus Capital Management, were owned originally by Northern Rock, one of the first lenders to get into trouble during the credit crunch.
The sale means the government has shed over 85 per cent of the assets it took on when saving the former bank.
Treasury chief George Osborne said Friday that the mortgages were sold for 300 million pounds more than book value and that “taxpayers will get back more money from Northern Rock than they were forced to put in during the financial crisis.”
The post UK Treasury chief sells $19.8 billion in mortgages acquired in financial crisis appeared first on Canadian Business – Your Source For Business News.
The government described its action as the largest ever financial asset sale by a government in Europe. The mortgages, purchased by Cerberus Capital Management, were owned originally by Northern Rock, one of the first lenders to get into trouble during the credit crunch.
The sale means the government has shed over 85 per cent of the assets it took on when saving the former bank.
Treasury chief George Osborne said Friday that the mortgages were sold for 300 million pounds more than book value and that “taxpayers will get back more money from Northern Rock than they were forced to put in during the financial crisis.”
The post UK Treasury chief sells $19.8 billion in mortgages acquired in financial crisis appeared first on Canadian Business – Your Source For Business News.
Learn, save, invest and prosper with My Own Advisor.
Welcome to some of the finest personal finance and investing articles from the blogosphere. This week I shared a few of my big fat investing mistakes. If you share your own mistakes you can enter to win a one-year investing subscription from 5iResearch, a $150 value. I also provided an update on our dividend income journey to financial freedom – we’re just shy of 40% of reaching our goal. We still have a long ways to go…
Enjoy the articles below about the aging Boomer demographic, how many middle-class Americans have virtually no retirement savings and how one investor is in an enviable financial position – both his registered accounts are maxed out. Thanks for reading!
There is an interesting essay here about the economic headaches on the horizon with the aging Boomer demographic.
When it comes to investing, it really boils down to funding our hopes and dreams (not about capital formation, risk weightings or asset allocations – although those things are very important)…
Welcome to some of the finest personal finance and investing articles from the blogosphere. This week I shared a few of my big fat investing mistakes. If you share your own mistakes you can enter to win a one-year investing subscription from 5iResearch, a $150 value. I also provided an update on our dividend income journey to financial freedom – we’re just shy of 40% of reaching our goal. We still have a long ways to go…
Enjoy the articles below about the aging Boomer demographic, how many middle-class Americans have virtually no retirement savings and how one investor is in an enviable financial position – both his registered accounts are maxed out. Thanks for reading!
There is an interesting essay here about the economic headaches on the horizon with the aging Boomer demographic.
When it comes to investing, it really boils down to funding our hopes and dreams (not about capital formation, risk weightings or asset allocations – although those things are very important)…
