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.
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Weekend Reading – Shame on some advisors, rich Vancouverites, tools for retirement and more + MORE Aug 12th
Learn, save, invest and prosper with My Own Advisor.
Welcome to your Weekend Reading, over a coffee or a beer or a glass of wine this weekend.
Earlier this week I shared how I would manage a $1 million portfolio and for the first time ever on this site, I shared what I thought might be an age whereb.... More »
Chipotle, McDonald’s, Tupperware, Angie’s List and Porcera are big market movers + MORE Apr 22nd
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Chipotle Mexican Grill Inc., down $51.29 to $641.23
The Mexican food chain reported lower-than-expected sales growth, partly because of an ongoing pork .... More »
Stock markets shed gains ahead of Brexit vote + MORE Jun 22nd
North American stock markets lost their gains and dipped into negative territory Wednesday, a day before British voters decided whether to remain in the European Union..... More »
Coke takes minority stake in Nigerian drink, snack maker Jan 30th
NEW YORK, N.Y. – Coca-Cola says it has taken a 40 per cent stake in Nigerian company that makes snacks and dairy and juice drinks.
The world’s biggest beverage maker says the agreement will allow it to increase its ownership of Chi Ltd to 100 per cent within three years, pending regulato.... More »
Early signs that Vancouver housing market correction may be over + MORE Apr 18th
Royal LePage says early evidence suggests that the recent correction in Vancouver’s housing market may be short-lived.
The realtor released a report Tuesday saying Canada’s two largest real estate markets continued their divergence in the first quarter of the year.
The aggregate price of.... More »
90 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Business Highlights
– canadianbusiness.com
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Memories of financial crisis fading as risks rise
WASHINGTON (AP) — The lessons of the financial crisis may already be fading from memory.
Last week, Congress acted to loosen the regulation of the high-risk investments that ignited the 2008 crisis. Housing regulators cut minimum down payments on home loans. And the Institute of International Finance declared it “worrisome” that global indebtedness, as a share of world economic output, has reached record levels.
All this comes as subprime auto loans for financially stretched buyers are surging. And the so-called too-big-to-fail banks now loom even larger than before the crisis.
The trend toward pre-crisis lending practices worries analysts who favoured far-reaching reforms to safeguard the system.
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Sony threatens to sue for publishing stolen emails
WASHINGTON (AP) — A lawyer representing Sony Pictures Entertainment is warning news organizations not to publish details of company files leaked by hackers in one of the largest digital breaches ever against an American company…
Memories of financial crisis fading as risks rise
WASHINGTON (AP) — The lessons of the financial crisis may already be fading from memory.
Last week, Congress acted to loosen the regulation of the high-risk investments that ignited the 2008 crisis. Housing regulators cut minimum down payments on home loans. And the Institute of International Finance declared it “worrisome” that global indebtedness, as a share of world economic output, has reached record levels.
All this comes as subprime auto loans for financially stretched buyers are surging. And the so-called too-big-to-fail banks now loom even larger than before the crisis.
The trend toward pre-crisis lending practices worries analysts who favoured far-reaching reforms to safeguard the system.
___
Sony threatens to sue for publishing stolen emails
WASHINGTON (AP) — A lawyer representing Sony Pictures Entertainment is warning news organizations not to publish details of company files leaked by hackers in one of the largest digital breaches ever against an American company…
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
3.5 year – 2.30%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
