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
Tim Hortons sees slow sales for 5th straight quarter amid franchisee dispute + MORE Feb 12th
Tim Hortons restaurants recorded a fifth consecutive quarter of sluggish sales, while its parent company Restaurant Brands International Inc. outperformed analyst expectations on profit for its fourth quarter.
The sales slowdown comes as about half of the company’s Canadian Tim Hortons franchi.... More »
4.5 year - 2.50% + MORE Jan 12th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online..... More »
Wealthsimple review 2022 + MORE Jun 28th
After eight years on the marketplace, the Wealthsimple brand has developed a strong reputation for offering easy-to-use, low-fee financial services online. But it’s come a long way since its humble beginnings exclusively as a robo-advisor, branching out to include a discount brokerage (Wealthsimpl.... More »
120 days - 1.75% + MORE Aug 5th
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 »
Explosion at Russian lab housing smallpox, Ebola and other diseases: reports - Global News Sep 17th
Explosion at Russian lab housing smallpox, Ebola and other diseases: reports Global NewsThe explosion reportedly occurred at a lab in Russia, one of only two places in the world known to have a stock of the smallpox virus.View full coverage on Google News.... More »
4.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online.
Investors look to slew of economic data, earnings from corporate Canada
– canadianbusiness.com
TORONTO – Investors will focus on economic data this coming week as the third quarter earnings season starts to wind down in the U.S., and key data, including employment updates, come in from both sides of the border.
There will also be plenty of marquee earnings reports from major Canadian corporations this week, including updates from big insurance companies including Manulife Financial (TSX:MFC), GreatWest Lifeco (TSX:GWO) and Sun Life Financial (TSX:SLF).
Stocks in many of the insurers are well off their 52-lows and close to their best levels in a year as easing by the U.S. central bank has helped boost stock markets and increased bond yields.
Other big corporate names reporting this week include retailer Canadian Tire (TSX:CTA.B), coffee chain Tim Horton’s (TSX:THI) and Canadian Natural Resources (TSX:CNQ).
Last week, the TSX ended down 0.46 per cent as gold stocks fell further into negative territory and bullion prices continued to lose ground. Despite the dip, the market had its best month so far this year during October, running ahead 4…
There will also be plenty of marquee earnings reports from major Canadian corporations this week, including updates from big insurance companies including Manulife Financial (TSX:MFC), GreatWest Lifeco (TSX:GWO) and Sun Life Financial (TSX:SLF).
Stocks in many of the insurers are well off their 52-lows and close to their best levels in a year as easing by the U.S. central bank has helped boost stock markets and increased bond yields.
Other big corporate names reporting this week include retailer Canadian Tire (TSX:CTA.B), coffee chain Tim Horton’s (TSX:THI) and Canadian Natural Resources (TSX:CNQ).
Last week, the TSX ended down 0.46 per cent as gold stocks fell further into negative territory and bullion prices continued to lose ground. Despite the dip, the market had its best month so far this year during October, running ahead 4…
Is The Obama Government Going Too Far Tax-Wise?
– IntelligentSpeculator.net
Last week, I wrote about the fact that the Obama decision to not renew dividend tax cuts would end up making a major difference in the long term as companies are forced to shift away part of what they would have paid out in dividends. I was not trying to be political, I do understand that the US government has major budget issues and that cutting expenses alone is not enough. I am a 100% believer in a balanced approach where expenses go down but revenues go up.
That being said, I think there are fair ways to go around doing this and then there is what’s being done. Dividends are a no-brainer for many different reasons but to be the main one is the double taxation that is incurred. Reducing the dividend tax rate to 15% was a great move and I personally would have expected these rates to go down before they went up. Clearly, it is not headed towards that direction….
But That’s Not The End Of It
As if dividend tax increases were not enough, there are more coming. Again, I agree that revenues must increase…
That being said, I think there are fair ways to go around doing this and then there is what’s being done. Dividends are a no-brainer for many different reasons but to be the main one is the double taxation that is incurred. Reducing the dividend tax rate to 15% was a great move and I personally would have expected these rates to go down before they went up. Clearly, it is not headed towards that direction….
But That’s Not The End Of It
As if dividend tax increases were not enough, there are more coming. Again, I agree that revenues must increase…
5.5 year – 3.00%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online.
