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
Can you lose all your money in a TFSA? + MORE Feb 3rd
Q: I never thought of the TFSA as an investment, because I use my RRSP to invest. I use my TFSA as a savings account but does that mean the money isn’t protected? Could I lose all that money?
—Maria Vasilescu, Kitchener, Ont.
A: If you hold cash or GICs in your Tax-Free Savings Account (TFSA),.... More »
Students, there’s help for you too during COVID-19. Here’s how to access it + MORE Apr 27th
From government financial support to the expanded summer jobs program, here are four smart money moves to help you weather the storm..... More »
Most actively traded companies on the TSX + MORE Apr 19th
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,867.28, up 147.46 points):
Teck Resources Ltd. (TSX:TCK.B). Miner. Up $1.04, or 8.46 per cent, to $13.34 on 12.7 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Up $1.20, or 15.73 .... More »
Cenovus Energy looking to cut jobs, slash dividends + MORE Jul 30th
Cenovus Energy Inc says it's looking to cut between 300 to 400 jobs in the second half of this year, and is chopping its quarterly dividend by 40 per cent..... More »
EU Council head Tusk urges G-7 leaders to keep up sanctions against Russia for Ukraine + MORE Jun 7th
ELMAU, Germany – European Union President Donald Tusk is urging leaders at the Group of Seven summit to present a united front on maintaining sanctions against Russia for its actions in Ukraine.
Tusk, a former Polish prime minister, says the only question is whether to make the sanctions even .... More »
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Ryanair launches flexible business-class tickets in latest U-turn from no-frills service
– canadianbusiness.com
DUBLIN – Europe’s largest budget airline, Ryanair, has launched a flexible business-class ticket in its latest U-turn from a no-frills tradition.
The Dublin-based company, long Europe’s fastest-growing carrier with a sell-it-cheap, stack-’em-high philosophy, says more than a quarter of its passengers already are business travellers. It hopes having a business class will allow it to capture three-fourths of all work travel between Britain and Ireland, its two biggest markets.
Wednesday’s announcement sent Ryanair shares 3 per cent higher to 7.15 euros ($9.45) on the Irish Stock Exchange.
Marketed under the slogan “Your boss will approve,” Ryanair’s business ticket reverses some of the airline’s more reviled policies for fee-dazzled travellers.
These pricier tickets allow a checked-in bag weighing up to 20 kilograms (44 pounds), which normally costs 25 euros to 75 euros ($33 to $99); preferential boarding and, at some airports, fast-track security lines; and most importantly, free changes to flights including on the day of travel…
The Dublin-based company, long Europe’s fastest-growing carrier with a sell-it-cheap, stack-’em-high philosophy, says more than a quarter of its passengers already are business travellers. It hopes having a business class will allow it to capture three-fourths of all work travel between Britain and Ireland, its two biggest markets.
Wednesday’s announcement sent Ryanair shares 3 per cent higher to 7.15 euros ($9.45) on the Irish Stock Exchange.
Marketed under the slogan “Your boss will approve,” Ryanair’s business ticket reverses some of the airline’s more reviled policies for fee-dazzled travellers.
These pricier tickets allow a checked-in bag weighing up to 20 kilograms (44 pounds), which normally costs 25 euros to 75 euros ($33 to $99); preferential boarding and, at some airports, fast-track security lines; and most importantly, free changes to flights including on the day of travel…
Malaysia Airlines braces for state-mandated shakeup as it reels from twin disasters
– canadianbusiness.com
HONG KONG – Malaysia is preparing to unveil the latest overhaul of its beleaguered state-owned airline, which is reeling from twin disasters months apart that killed hundreds of passengers.
Khazanah Nasional, the state investment company that owns 69 per cent of Malaysia Airlines, said in early August it will announce details of the overhaul by the end of this month. Malaysian news reports said the announcement will come Friday.
Analysts expect Khazanah to slash jobs, drop money losing routes to Europe and China, and replace top management.
A substantial revamp has long been on the cards for Malaysia Airlines, which was struggling with chronic financial problems even before it was hit by the double disasters this year.
Investigators continue to scour the southern Indian Ocean for Flight 370 which severed contact with air traffic controllers and apparently veered far of course while en route from Kuala Lumpur to Beijing on March 8 with 239 people on board. In July, 298 people were killed when Flight 17 was blasted out of the sky as it flew over an area of eastern Ukraine controlled by pro-Russian separatists…
Khazanah Nasional, the state investment company that owns 69 per cent of Malaysia Airlines, said in early August it will announce details of the overhaul by the end of this month. Malaysian news reports said the announcement will come Friday.
Analysts expect Khazanah to slash jobs, drop money losing routes to Europe and China, and replace top management.
A substantial revamp has long been on the cards for Malaysia Airlines, which was struggling with chronic financial problems even before it was hit by the double disasters this year.
Investigators continue to scour the southern Indian Ocean for Flight 370 which severed contact with air traffic controllers and apparently veered far of course while en route from Kuala Lumpur to Beijing on March 8 with 239 people on board. In July, 298 people were killed when Flight 17 was blasted out of the sky as it flew over an area of eastern Ukraine controlled by pro-Russian separatists…
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
