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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Province creates special disaster relief program for cottagers affected by flood - CBC.ca May 16th
CBC.caProvince creates special disaster relief program for cottagers affected by floodCBC.caCottagers whose properties have been damaged by major flooding this spring will be able to apply for financial help from the provincial government. Environment and Local Government Minister Andrew Harvey anno.... More »
Biggest oilpatch companies have best chance to survive + MORE Nov 29th
With so much financial pain in the oil sector, it's likely the big players have the best odds of enduring the price collapse..... More »
Why a mortgage that leaves room for retirement saving is a must-have + MORE Feb 20th
In expensive housing markets like Toronto or Vancouver, contributing to your RRSP can take a back seat — and catching-up later isn’t the solution it used to be
.... More »
The best GIC rates in Canada for 2025 + MORE Oct 6th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
A breakdown of the big Canadian banks’ third-quarter earnings so far - The Globe and Mail + MORE Aug 27th
A breakdown of the big Canadian banks’ third-quarter earnings so far The Globe and MailBMO, Scotiabank top earnings forecasts but sound wary note for road ahead The Globe and MailTSX scales new peak, lifted by robust bank earnings ca.finance.yahoo.com'Uncertainty m.... More »
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Getting them back to balanced
– moneysense.ca
The problemJohn Dales retired from a stressful job at 57 after his wife Kirsty said “she’d rather have me poor than dead.” The good news is the couple is far from poor: they have a paid-for home in Northern Ontario, their children have left the nest, and Kirsty will receive $45,000 a year from her defined-benefit pension when she retires from the public service next May. But their $500,000 RRSPs are very conservatively invested in savings accounts, GICs and bond funds unlikely to deliver more than 2% a year. They plan to spend $60,000 annually in retirement, and they’re not sure such a low-yield portfolio will be able to sustain their lifestyle.
The fix
The challenge for this couple is as much about broad financial planning as investing, so we consulted veteran financial planner Warren Baldwin of Toronto-based T.E. Wealth.
John and Kirsty will each receive reduced Canada Pension Plan benefits at age 60, with full Old Age Security at 65. Their only debts—for a car and a home renovation—will be paid off in two and four years, respectively…
No reason for panic, Potash Corp. CEO tells investors
– theglobeandmail.com
The announcement last week that the Russian potash producer OAO Uralkali is striking out on its own has raised fears that the potash price will plummet, hurting the company’s stock
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Agrium profit hit by cold North American spring
– theglobeandmail.com
Fertilizer company posts earnings of $5.02 (U.S.) a share in the second quarter
