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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Saudi women hope right to drive paves road to bigger freedoms - CBC.ca + MORE Mar 8th
CBC.caSaudi women hope right to drive paves road to bigger freedomsCBC.caThere's an advertisement making the rounds on Twitter that features a GIF of a woman's purse that has spilled onto a table. The splayed contents include dark sunglasses, red lipstick and a bottle of perfume — and th.... More »
Millionaire Next Door Principles – On Any Salary + MORE Aug 17th
Learn, save, invest and prosper with My Own Advisor.
Following this post I got an email from a reader that went something like this.
Your posts are interesting but we have different financial situations. My husband and I don’t have company pensions. We’ve pursued our passions, we love what w.... More »
Questrade vs. Wealthsimple: which online investing service is right for you? Dec 6th
If you’ve decided to try out online investing and have narrowed down your choices to Wealthsimple and Questrade—congratulations! Both are solid Canadian options that can help you grow your money and achieve your investment goals.
But choosing between the two can be tricky. While the two financia.... More »
Detox your spending and experience better financial health Dec 27th
Using your creativity and resourcefulness to stop spending for a week on anything but essentials will give you more savings and less stress; you win both ways, Lesley-Anne Scorgie writes..... More »
Less than 4% of stocks deliver all the market’s return. How do you buy those stocks? May 23rd
Less than 4% of U.S. stocks produced all the wealth
created by American equities over the past 90 years.
How can you make sure you buy these stocks?
.... More »
What’s on MLS: This is what $2 million buys
– moneysense.ca
Yes, of course $2-million will let you buy a stunning urban home complete with modern remodel and architectural upgrades, but aren’t you just a little bit curious as to what else $2-million will get you in the Canadian real estate market?Here’s a snapshot of what a $2-million (or more) price tag will buy you when you start looking outside of the not-so-standard single detached urban homes.
#1. Location: Ucluelet, BC
Address: 1183 Helen Rd.
Type: Detached home + Majestic Ocean B&B and Kayaking
Listing agent: Judy Gray, Re/Max Mid-Island Realty
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Best selling point: Want the west-coast ocean-front lifestyle? Here’s a custom-built home nestled into the west coast of Vancouver Island…
An early gain for US stocks is gone by midday as market extends a losing streak; Costco slumps
– canadianbusiness.com
NEW YORK, N.Y. – Stocks are heading mostly lower in midday trading as an early gain fades away.
If the market ends down Wednesday it would extend a slump into a third day.
Costco led a drop in consumer staples stocks after reporting weaker earnings than analysts were expecting.
Dow Chemical and DuPont rose sharply following reports that the two companies were talking about a combination.
Energy and materials companies moved higher along with the price of oil and other commodities.
The Standard & Poor’s 500 index lost four points, or 0.2 per cent, to 2,059 as of 11:45 a.m. Eastern time. The Nasdaq composite gave up 44 points, or 0.9 per cent, to 5,053.
The Dow Jones industrial average got a boost from DuPont. The 30-stock average increased 12 points, or 0.1 per cent, to 17,581.
The post An early gain for US stocks is gone by midday as market extends a losing streak; Costco slumps appeared first on Canadian Business – Your Source For Business News.
If the market ends down Wednesday it would extend a slump into a third day.
Costco led a drop in consumer staples stocks after reporting weaker earnings than analysts were expecting.
Dow Chemical and DuPont rose sharply following reports that the two companies were talking about a combination.
Energy and materials companies moved higher along with the price of oil and other commodities.
The Standard & Poor’s 500 index lost four points, or 0.2 per cent, to 2,059 as of 11:45 a.m. Eastern time. The Nasdaq composite gave up 44 points, or 0.9 per cent, to 5,053.
The Dow Jones industrial average got a boost from DuPont. The 30-stock average increased 12 points, or 0.1 per cent, to 17,581.
The post An early gain for US stocks is gone by midday as market extends a losing streak; Costco slumps appeared first on Canadian Business – Your Source For Business News.
Before the Bell: Futures flat, but calm markets won't last
– theglobeandmail.com
Jennifer Dowty, Chartered Financial Analyst, looks ahead to the market trading day
General Motors spending $44M to expand engine-building capacity at Corvette plant in Kentucky
– canadianbusiness.com
BOWLING GREEN, Ky. – General Motors says it will spend $44 million to increase engine-building capacity at the Kentucky plant that makes Corvette sports cars.
The automaker said Wednesday that it will add 36 jobs as part of the investment to expand capacity in the Performance Build Center at the Bowling Green Assembly plant. It says construction and tool rearrangement is scheduled to start next month.
GM says the increased capacity is fueled by the success of the Corvette Z06, which accounts for nearly one-third of all Corvettes produced at the plant in south-central Kentucky.
Plant manager Kai Spande says GM has committed $483 million to the Bowling Green plant this year.
In May, the company said it was spending $439 million for a new paint shop and facility upgrades.
The post General Motors spending $44M to expand engine-building capacity at Corvette plant in Kentucky appeared first on Canadian Business – Your Source For Business News.
The automaker said Wednesday that it will add 36 jobs as part of the investment to expand capacity in the Performance Build Center at the Bowling Green Assembly plant. It says construction and tool rearrangement is scheduled to start next month.
GM says the increased capacity is fueled by the success of the Corvette Z06, which accounts for nearly one-third of all Corvettes produced at the plant in south-central Kentucky.
Plant manager Kai Spande says GM has committed $483 million to the Bowling Green plant this year.
In May, the company said it was spending $439 million for a new paint shop and facility upgrades.
The post General Motors spending $44M to expand engine-building capacity at Corvette plant in Kentucky appeared first on Canadian Business – Your Source For Business News.
AP EXPLAINS: What’s bitcoin? A look at the digital currency after police raid Australia home
– canadianbusiness.com
NEW YORK, N.Y. – Australian police raided a home and office Wednesday that, according to technology websites, belongs to the founder of the virtual currency, bitcoin. However, the origin of the currency remains murky, as is the identity of the founder. Here’s a brief explanation of what bitcoins are, how exchanging the digital money works and why it’s popular among some denizens of the web.
BITCOINS ARE VIRTUAL MONEY
Bitcoin is an online currency that allows people to make one-to-one transactions, buy goods and services and exchange money across borders without involving banks, credit card issuers or other third parties. Transactions can be made anonymously, making the currency popular among people who want to conceal their financial activity. As a result, this exotic form of money has become popular with libertarians as well as tech enthusiasts, speculators — and criminals. Bitcoins are basically lines of computer code that are digitally signed each time they travel from one owner to the next…
BITCOINS ARE VIRTUAL MONEY
Bitcoin is an online currency that allows people to make one-to-one transactions, buy goods and services and exchange money across borders without involving banks, credit card issuers or other third parties. Transactions can be made anonymously, making the currency popular among people who want to conceal their financial activity. As a result, this exotic form of money has become popular with libertarians as well as tech enthusiasts, speculators — and criminals. Bitcoins are basically lines of computer code that are digitally signed each time they travel from one owner to the next…


