Learn more about Canada’s top banks rates, rules and the latest news – read on!
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3 Mortgage Marketing Tactics You Should Be Aware Of + MORE May 1st
Spring is always a competitive season for mortgage lenders, but this year is a true standout; lenders small and large (including the Bank of Canada) have cut rates, some to historic lows – five-year fixed options have dipped as low as 2.44 per cent in some provinces, and even Canada’s b.... More »
Will Canadian HISA ETFs survive the new rule change? Dec 5th
The growth of high-interest savings account (HISA) exchange-traded funds (ETFs) is the story of Canada’s ETF industry in 2023. Money market funds, including HISA ETFs, hoovered up $9.7 billion of investors’ money in the first 10 months of the year, representing 29.1% of the net inflow into Canad.... More »
The payoff Jul 10th
Randy Foster
AGE: 60
PLACE: Chatham, Ont.
TFSA TOTAL: $81,555
STRATEGY: Mostly banks and financials with some energy stocks
Me and my TFSA
Randy Foster is 60 and happily retired in Chatham, Ont. In fact, he retired at the young age of 49 on full pension after 30 years of working as a group l.... More »
Asian shares mixed as Bank of Japan, Fed mull policy options + MORE Sep 21st
TOKYO – Asian shares meandered Wednesday as markets awaited the outcomes of monetary policy meetings in the U.S. and Japan. Japan’s benchmark fell after August trade data came in weaker than expected.
KEEPING SCORE: Tokyo’s Nikkei 225 fell 0.5 per cent to 16,411.97 and the Hang Sen.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Aug 12th
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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US weighs more sanctions on Moscow as tanks cross into Ukraine from Russia
– canadianbusiness.com
WASHINGTON – With Russian tanks apparently crossing into southeastern Ukraine, President Barack Obama is suggesting the possibility of more sanctions on Russia.
The sanctions imposed so far have not deterred Russia, but uncertainty over their long-term impact has caused economic growth forecasts to plummet, prompted investors to pull money out of the country at almost twice the pace as last year and forced its central bank to raise rates to defend the Russian currency.
Russian stock markets dived on Thursday as Switzerland joined the European Union in imposing restrictions on Russian state banks and fears grew that the U.S. and EU could impose further sanctions on Russian businesses and individuals.
Obama said that sanctions already announced have had some impact, yet he conceded that they have not forced Russia to resolve the crisis diplomatically. “I think there are ways for us to deepen and expand the scope of some of that work,” he said.
A look at sanctions the U.S…
The sanctions imposed so far have not deterred Russia, but uncertainty over their long-term impact has caused economic growth forecasts to plummet, prompted investors to pull money out of the country at almost twice the pace as last year and forced its central bank to raise rates to defend the Russian currency.
Russian stock markets dived on Thursday as Switzerland joined the European Union in imposing restrictions on Russian state banks and fears grew that the U.S. and EU could impose further sanctions on Russian businesses and individuals.
Obama said that sanctions already announced have had some impact, yet he conceded that they have not forced Russia to resolve the crisis diplomatically. “I think there are ways for us to deepen and expand the scope of some of that work,” he said.
A look at sanctions the U.S…
Canadian banks TD and CIBC, plus Intact Financial, Stantec and Crew Energy are on our stocks-to-watch list Thursday.
Fat Capital Levels the New Norm for Canada’s Big Banks
– blogs.wsj.com
Canada’s “Big Five” lenders are under increasing pressure from regulators to maintain extra-plump capital cushions.
