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?
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Motive Financial is the online banking arm of Canadian Western Bank, which is a Schedule I bank. As with other online only banks, such as Tangerine or EQ, Motive has become popular with Canadians who appreciate the low fees an higher interest that they are able to offer. But how does Motive measure .... More »
Housing affordability: What happens when lower home prices take on higher borrowing costs? Sep 6th
Canadian home prices are falling. Borrowing costs are increasing at an incredible rate. It’s the battle royale of home ownership affordability: Will wannabe home owners benefit from the real estate market correction, or will their dreams be crushed by the rising mortgage costs that are causing it?.... More »
Canadian Tire Rewards: How to earn CT Money with the Triangle Rewards program and Triangle Mastercard May 24th
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Making sense of the markets this week: March 3, 2024 + MORE Mar 2nd
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. And Stephanie Griffiths was an award-winning investor for almost 20 years before returning to her roots in journalism. She is .... More »
American Express Increases the Value of Points for Purchases Jun 3rd
For a limited time, American Express is offering consumer cardmembers more value for Points for Purchases. From April 17, until September 30, 2020, cardholders can use 1,000 points for a $10 statement credit on all eligible non-travel related purchases. That means Membership Rewards points are curr.... More »
First half check-up
– moneysense.ca
The first half of 2017 is in the history books. While the TSX only rose 0.74%, broader markets did very well. In Canadian dollar terms, the S&P 500 posted a gain of 5.68% for the first six months. Japanese equities increased 6.42% while European stocks returned 12.05%. Emerging markets topped the list with a sizeable rally of 14.63%.
The questions investors should be asking now, however is what comes next. Will Canadian equities play catchup with the rest of the world? And how will rising interest rates in Canada and the U.S. affect portfolios? Before we get to that we should understand what drove those markets through the first six months of the year.
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Since January investors embraced equities as global economic data has been generally been healthy. While there were headwinds, both economic and geopolitical in nature, none managed to meaningfully scare markets. As a result volatility remained low by historical standards.
Putting the financial crisis in the rear-view mirror
Having been ultra-dovish for years, many central banks are now either making hawkish noises or taking hawkish actions…
The questions investors should be asking now, however is what comes next. Will Canadian equities play catchup with the rest of the world? And how will rising interest rates in Canada and the U.S. affect portfolios? Before we get to that we should understand what drove those markets through the first six months of the year.
Sign up for our free investing newsletter »
Since January investors embraced equities as global economic data has been generally been healthy. While there were headwinds, both economic and geopolitical in nature, none managed to meaningfully scare markets. As a result volatility remained low by historical standards.
Putting the financial crisis in the rear-view mirror
Having been ultra-dovish for years, many central banks are now either making hawkish noises or taking hawkish actions…
