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
Should you take extra RRIF withdrawals to increase your estate? + MORE Nov 26th
Ask MoneySense
I have a RRIF that is worth approximately $250,000 at the moment. My two children are the beneficiaries. Obviously, I am hoping to somehow reduce any tax on this RRIF income when I die. Is my taking more out of the RRIF and paying the tax each year the best way to do this? Do you have.... More »
Should you claim the principal residence exemption on a property you bought your child? May 16th
Ask MoneySense
I bought a condo in 2006 in another province for my daughter to live in. It’s registered in my name. I also have a house in another province. I am planning to sell the condo my daughter lives in very soon. Can I claim capital gain exemption in the condo she lived in all these ye.... More »
Wal-Mart beats 3Q profit forecasts + MORE Nov 17th
BENTONVILLE, Ark. (AP) _ Wal-Mart Stores Inc. (WMT) on Thursday reported fiscal third-quarter net income of $3.03 billion.
On a per-share basis, the Bentonville, Arkansas-based company said it had net income of 98 cents.
The results exceeded Wall Street expectations. The average estimate of 13 analy.... More »
Making sense of the markets this week: January 22, 2023 Jan 20th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines of the week and offers context for Canadian investors.
Are central banks smarter than we thought—or are they just lucky?
The world’s central banks faced plenty of critici.... More »
Oil-and-gas lobbyists gear up for Alberta NDP’s royalty review + MORE May 18th
Companies will frame the debate in the context of depressed crude oil prices, sector cutbacks in capital spending and the need to compete globally for investment capital
.... More »
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-03-07. Click on the link above to get more details or apply online.
60 days – 1.55%
– 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.
5.5 year – 2.35%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2013-11-09. Click on the link above to get more details or apply online.
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.
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-10-17. Click on the link above to get more details or apply online.


