The “Big Five” Canadian banks 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). Are there other viable options?
Latest News
“Help! My RRSPs are all over the place” + MORE Aug 10th
As Canada’s financial services sector expands to include new online banks, credit unions, robo-advisors, brokerages and more, so does the likelihood that you have a ragtag number of registered savings plans with multiple institutions. For example, you may have set up an employer-sponsored plan at .... More »
New investment disclosures lack detail + MORE Feb 9th
New disclosure rules promised to provide investors more clarity on performance, charges and fees, but some financial institutions have decided to provide only the minimum information required.
The new regulatory requirements are laid out in CRM2, the second phase of the Client Relationship Model ado.... More »
Preview of Banks' Q3 2017 Earnings + MORE Aug 22nd
Scotia Capital, 21 August 2017
• Despite the favourable combination of strong operating performance (13% YoY EPS growth in 1H/17) and a resurgent domestic economy that underpinned the first rate hike from the BoC in seven years, Canadian bank stocks have run in place for much of 2017, with the TSX.... More »
Take the Quiz: Do You Know Your Credit Score Fundamentals? Jun 26th
Your credit score is a very important number, which can help you get an apartment, car loan, mortgage, personal loan, or rewards credit card, among other financial decisions.
It is vital to know your credit rating and, if necessary, how to improve it. Staying up to date with your credit report can .... More »
At the open: TSX higher as banks, energy stocks gain Sep 18th
S&P and the Dow opened at record highs
.... More »
EU calls for fairer economic relationship with China
– canadianbusiness.com
BEIJING, China – The European Union’s ambassador to China says the group wants a more level playing field in its trade and economic relations with Beijing.
Hans Dietmar Schweisgut told reporters Monday that European companies had been willing in past decades to put up with restrictions on business in China, but the EU now wants a relationship that is much more based on “fair exchange.”
He said questions about the relationship have become more urgent, including why it is possible for Chinese institutions to buy European banks but impossible for European banks to buy Chinese ones.
Schweisgut also said that China must urgently address overcapacity in certain industries and the “market distortions” it is causing. European steelmakers accuse China of exporting steel at unfairly low prices.
The post EU calls for fairer economic relationship with China appeared first on Canadian Business – Your Source For Business News.
Hans Dietmar Schweisgut told reporters Monday that European companies had been willing in past decades to put up with restrictions on business in China, but the EU now wants a relationship that is much more based on “fair exchange.”
He said questions about the relationship have become more urgent, including why it is possible for Chinese institutions to buy European banks but impossible for European banks to buy Chinese ones.
Schweisgut also said that China must urgently address overcapacity in certain industries and the “market distortions” it is causing. European steelmakers accuse China of exporting steel at unfairly low prices.
The post EU calls for fairer economic relationship with China appeared first on Canadian Business – Your Source For Business News.
