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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Over the last 25 years, personal finance in Canada has transformed enormously. Major economic shifts, new technology and evolving consumer behaviour have led to new policies and events. Here are some of the most interesting personal finance developments in the last two and a half decades:
.... More »
This Montreal millennial couple makes $316,000 combined. Monthly child care costs? $203. With an excess in savings, they want to have their second kid. What advice can they get? + MORE Feb 1st
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Creditors go after wife, mother-in-law of jailed real estate mogul over money transfers + MORE Dec 24th
BILLINGS, Mont. – Creditors of jailed real estate mogul Tim Blixseth are asking a federal judge in Washington state to find the onetime billionaire’s wife in contempt of court as they try to chase down his far-flung assets.
Creditors’ trustee Brian Glasser said Tuesday that Jessica.... More »
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The energy sector has performed reasonably well in 2016, but you don’t have to ask an Albertan to know it’s still a long way off from what it was. What will it take to re-energize the oil stocks? Here are three key signals Lanny Pendill at Edward Jones says you need to watch before you top up th.... More »
Housing market to slow in 2018 but prices to rise + MORE Dec 13th
TORONTO — New stricter mortgage rules are expected to slow the housing market next year, but prices are still expected to rise about five per cent, according to a report by Royal LePage.
In its market survey forecast, the real estate firm says its house price composite, which measures prices in 53.... More »
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.
30 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.
60 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.
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.
Stocks set for more volatility, long anticipated correction may have arrived
– canadianbusiness.com
North American stock markets are likely in for another dose of steep declines this week amid concerns about interest rates, geopolitical unrest and whether a lengthy bull market is set for a long-anticipated correction.
Markets plunged last week as the TSX fell 240 points or 1.55 per cent, leaving the index still up 11.8 per cent year to date. However, the Dow industrials dropped 467 points or 2.75 per cent this week, wiping out all gains year-to-date.
The selloff seemed to be triggered by data mid-week showing the American economy grew at a much better expected annualized pace of four per cent during the second quarter following a 2.1 per cent contraction in the January-March period. That raised concerns that the Fed could move on raising rates sooner than thought, despite the central bank reassuring markets that short-term rates will be ultra-low even after it ends its program of buying bonds, likely in October.
“The Fed is incredibly influential on markets,” said John Stephenson, president and CEO at Stephenson and Co…
Markets plunged last week as the TSX fell 240 points or 1.55 per cent, leaving the index still up 11.8 per cent year to date. However, the Dow industrials dropped 467 points or 2.75 per cent this week, wiping out all gains year-to-date.
The selloff seemed to be triggered by data mid-week showing the American economy grew at a much better expected annualized pace of four per cent during the second quarter following a 2.1 per cent contraction in the January-March period. That raised concerns that the Fed could move on raising rates sooner than thought, despite the central bank reassuring markets that short-term rates will be ultra-low even after it ends its program of buying bonds, likely in October.
“The Fed is incredibly influential on markets,” said John Stephenson, president and CEO at Stephenson and Co…
