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
Ontario housing quick fix faces 'perfect storm' market surge + MORE Apr 22nd
This week, the Ontario government unveiled 16 measures designed to cool Toronto’s red-hot real estate market. Why the effect on prices and sales is likely to be short-lived
.... More »
Auto insurance coverage in Ontario just changed + MORE Jun 2nd
Next time your auto insurance policy comes up for renewal, check your price: you might find it lower than expected. But before celebrating, check your coverage: you may find that’s decreased, too.
The Ontario government has revamped standard auto insurance policies, which comes into effect tod.... More »
7 ways to protect yourself from ID theft + MORE Jan 7th
Avoiding identity theft is becoming ever more challenging in Canada. The Canadian Anti-Fraud Centre (CAFC) received more than 11,000 identity theft and fraud reports in 2023, and both government and financial institutions report an increase in cases.
According to the CAFC, these are some of the m.... More »
Population growth isn’t driving Toronto house prices. So what is? Feb 11th
THE CANADIAN PRESS/Pawel Dwulit
Last summer, in the frankest terms possible, Bank of Canada Governor Stephen Poloz warned home buyers, homeowners, mortgage lenders and the real estate industry that nothing justified Toronto’s skyrocketing house prices. Nothing. Zip. Zilch. Nada.
Toronto did.... More »
Specialty, discount retail earnings set to echo wider sector’s woes + MORE May 15th
Despite broader economic growth, brick-and-mortar sales continue to slump
.... More »
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch this week in Canadian business:
Earnings: Companies reporting their latest earnings results this week include discount retailer Dollarama, yoga wear shop Lululemon Athletica and BlackBerry, which has a lot riding on its latest smartphone, the Priv.
Bank of Canada speech: Lynn Patterson, a deputy governor with the Bank of Canada, will speak to the Edmonton Chamber of Commerce on Wednesday about adjusting to falling commodity prices.
TD Bank meeting: TD Bank Group holds its annual meeting of common shareholders on Thursday in Montreal.
Rona vote on Lowe’s takeover offer: Rona holds a shareholder vote on Lowe’s takeover offer on Thursday in Montreal. The U.S.-based home renovation chain unveiled its $3.2-billion friendly bid for the Quebec-based retailer last month.
GDP: Statistics Canada releases the gross domestic product figures for January on Thursday. Earlier this month, the federal statistical agency reported that the economy expanded at an annual rate of 0…
Earnings: Companies reporting their latest earnings results this week include discount retailer Dollarama, yoga wear shop Lululemon Athletica and BlackBerry, which has a lot riding on its latest smartphone, the Priv.
Bank of Canada speech: Lynn Patterson, a deputy governor with the Bank of Canada, will speak to the Edmonton Chamber of Commerce on Wednesday about adjusting to falling commodity prices.
TD Bank meeting: TD Bank Group holds its annual meeting of common shareholders on Thursday in Montreal.
Rona vote on Lowe’s takeover offer: Rona holds a shareholder vote on Lowe’s takeover offer on Thursday in Montreal. The U.S.-based home renovation chain unveiled its $3.2-billion friendly bid for the Quebec-based retailer last month.
GDP: Statistics Canada releases the gross domestic product figures for January on Thursday. Earlier this month, the federal statistical agency reported that the economy expanded at an annual rate of 0…
Al Jazeera laying off 500 employees
– theglobeandmail.com
Cuts reflect financial pressures on Qatar due to low global prices for oil and natural gas
Arctic exploration permits in sensitive Arctic area may be expired
– canadianbusiness.com
Environmentalists say talks on creating a third national marine conservation area are being held up over Arctic offshore energy exploration permits that may not legally exist.
“Looking at the permits, it looks like the rights expired in 1979,” said Alex Speers-Roesch of Greenpeace.
The federal government has been trying for years to protect the waters of Lancaster Sound, the eastern gate of the Northwest Passage and home to a wealth of Arctic seabirds and mammals. The effort is strongly supported by local Inuit hunters and land claim groups.
But drawing the exact boundaries of the area, off the north coast of Nunavut’s Baffin Island, has been at least partly held up over 30 exploration permits issued in the early 1970s to Shell.
Ottawa, under the previous Conservative administration, argued to keep the permits outside the area; Inuit and environmental groups wanted the protected area to include them and block industry activity. Shell wants compensation for any rights it loses…
“Looking at the permits, it looks like the rights expired in 1979,” said Alex Speers-Roesch of Greenpeace.
The federal government has been trying for years to protect the waters of Lancaster Sound, the eastern gate of the Northwest Passage and home to a wealth of Arctic seabirds and mammals. The effort is strongly supported by local Inuit hunters and land claim groups.
But drawing the exact boundaries of the area, off the north coast of Nunavut’s Baffin Island, has been at least partly held up over 30 exploration permits issued in the early 1970s to Shell.
Ottawa, under the previous Conservative administration, argued to keep the permits outside the area; Inuit and environmental groups wanted the protected area to include them and block industry activity. Shell wants compensation for any rights it loses…
A kid’s guide to financial literacy – M is for Money giveaway
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.In the 2009 budget, the (then) federal Minister of Finance announced intentions to establish a national task force dedicated to the issue of financial literacy. This Task Force would provide advice and recommendations on a national strategy to strengthen the financial literacy of Canadians. Although the kid’s books and materials I’m about to giveaway on this site were not a recommendation of this Task Force, I can’t help but think many years ago this is what this group would have proposed for Canada’s youth – to improve financial literacy.
M is for Money is a kid’s guide to financial literacy, explaining some rudimentary facts about money and the people that use it to Canadian children and young students. The nine books in this guide series and its tools are authored by Teresa Cascioli, who knows a thing or two about business and money. Teresa is a former CEO of Lakeport Brewing company and has served as a strategic advisor to Labatt…
