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
Australia cuts its benchmark interest rate to record low + MORE Feb 3rd
SYDNEY, Australia – Australia’s central bank cut its benchmark interest rate to a record low of 2.25 per cent on Tuesday in a bid to jolt an economy weighed down by falling commodity prices.
The Reserve Bank of Australia’s quarter percentage point rate cut at a monthly board meeting wa.... More »
60 days - 1.75% + MORE Aug 10th
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..... More »
90 days - 2.00% + MORE Nov 1st
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..... More »
Rate cuts in the second-half of next year look reasonable; buy gold in the meantime: Eric Green - BNN Bloomberg Nov 6th
Rate cuts in the second-half of next year look reasonable; buy gold in the meantime: Eric Green BNN BloombergBullish case for Ford, SoFi, Prologis amid economic uncertainty: strategist BNN BloombergCanada is clearly in a recession, this doesn't mean bad news for TSX: strategist.... More »
Making sense of the markets this week: January 21, 2024 Jan 19th
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.
Bitcoin goes mainstream—the exact stream that was supposed to run dry
I remember a few short years ago, bitcoin truthe.... More »
Bank of Montreal confirms $1.3-billion offer for U.K.-based F&C Asset Management
– canadianbusiness.com
TORONTO – Bank of Montreal has confirmed it’s offering to buy a U.K.-based investment manager in a cash deal valued at $1.3 billion.
F&C Asset Management PLC revealed on Monday that it was in advanced discussions with the Canadian bank (TSX:BMO).
The bank is offering 120 British pence for each share of F&C, which is about 28 per cent above the stock’s closing price last Friday before news of the talks became public.
The friendly deal is being supported by the U.K. company’s board but will require shareholder and other approvals.
The companies expect the deal to close after May 1.
Bank of Montreal says the U.K. company will help grow its asset management business.
The post Bank of Montreal confirms $1.3-billion offer for U.K.-based F&C Asset Management appeared first on Canadian Business.
F&C Asset Management PLC revealed on Monday that it was in advanced discussions with the Canadian bank (TSX:BMO).
The bank is offering 120 British pence for each share of F&C, which is about 28 per cent above the stock’s closing price last Friday before news of the talks became public.
The friendly deal is being supported by the U.K. company’s board but will require shareholder and other approvals.
The companies expect the deal to close after May 1.
Bank of Montreal says the U.K. company will help grow its asset management business.
The post Bank of Montreal confirms $1.3-billion offer for U.K.-based F&C Asset Management appeared first on Canadian Business.
Ford posts stronger-than-expected profit
– theglobeandmail.com
Fourth-quarter earnings rise to $3-billion, or 74 cents a share, compared with almost $1.6-billion, or 40 cents a share, a year earlier
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-02-04. Click on the link above to get more details or apply online.
Canada’s high-tech boom brings high stakes for the TSX
– theglobeandmail.com
Shopify, Vision Critical, HootSuite, Desire2Learn and BuildDirect are likely IPO candidates that could benefit from listing in Canada
Premarket: Emerging currencies, stocks stabilize on central bank hopes
– theglobeandmail.com
Investors have been shaken this week by a huge selloff in so-called risk assets
