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
Read this before applying for the First-Time Home Buyer Incentive + MORE Dec 17th
In a red-hot real estate market, a little help with the down payment on a home can go a long way—especially when you’re a first-time buyer without the advantage of equity in an existing property. So when the Canadian federal government decided, in 2019, to begin offering first-time home buyers d.... More »
‘Grand Theft Auto VI’ Trailer Smashes Past 475 Million Views in First Day (Exclusive) - The Hollywood Reporter May 8th
‘Grand Theft Auto VI’ Trailer Smashes Past 475 Million Views in First Day (Exclusive) The Hollywood ReporterThe GTA 6 trailer makes Rockstar’s changed politics very clear PolygonTake-Two Stock Jacked Up On Second 'GTA 6' Game Trailer Investor's Business DailyGr.... 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
Parents in southern Ontario may think Tommy and Victoria’s $203 monthly daycare budget is a typo, but child-care costs in Quebec are heavily subsidized by the provincial government, Jason Heath, Millennial Money financial adviser writes..... More »
Coke takes minority stake in Nigerian drink, snack maker Jan 30th
NEW YORK, N.Y. – Coca-Cola says it has taken a 40 per cent stake in Nigerian company that makes snacks and dairy and juice drinks.
The world’s biggest beverage maker says the agreement will allow it to increase its ownership of Chi Ltd to 100 per cent within three years, pending regulato.... More »
How the Liberals’ re-election impacts RRIFs, taxes and more May 6th
The Liberals held on to power in the recent federal election, and this has tax implications for Canada’s seniors and other taxpayers—in particular, for retirees and their strategies for their registered retirement income fund (RRIF) this year and possibly in the future.
Reduced RRIF minimum w.... More »
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
Leadership team resigning from Portuguese ‘good bank’ born from troubled Banco Espirito Santo
– canadianbusiness.com
LISBON, Portugal – The leadership of Portugal’s Novo Banco bank says it is resigning — just two months after being named to manage positive assets of the former Banco Espirito following its collapse and division into two parts under Portuguese government intervention.
Chief executive Vitor Bento says in a statement he and two others are stepping down because “our mandate has significantly changed since we began our roles.” He did not elaborate but said there was no conflict.
Novo Banco is being prepared to be sold. Bento said in the statement Saturday its operations have been stabilized.
Espirito Santo’s problems spooked markets in July and ballooned into Portugal’s biggest banking scandal.
The government put up 4.9 billion euros ($6.4 billion) to prevent the bank’s collapse, raising questions about how regulators were apparently hoodwinked.
The post Leadership team resigning from Portuguese ‘good bank’ born from troubled Banco Espirito Santo appeared first on Canadian Business.
Chief executive Vitor Bento says in a statement he and two others are stepping down because “our mandate has significantly changed since we began our roles.” He did not elaborate but said there was no conflict.
Novo Banco is being prepared to be sold. Bento said in the statement Saturday its operations have been stabilized.
Espirito Santo’s problems spooked markets in July and ballooned into Portugal’s biggest banking scandal.
The government put up 4.9 billion euros ($6.4 billion) to prevent the bank’s collapse, raising questions about how regulators were apparently hoodwinked.
The post Leadership team resigning from Portuguese ‘good bank’ born from troubled Banco Espirito Santo appeared first on Canadian Business.
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.
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.
