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
If we're OK with government meddling in housing, what else is fair game? + MORE Apr 26th
Canadians seem in favour of government stepping in to intervene in Canada's housing market. But what would the reaction be if governments started meddling in the value of our retirement portfolios or other assets? Peter Armstrong dives in..... More »
TSX and Dow move higher Monday on tentative signs of progress in COVID-19 battle - CBC.ca + MORE Apr 6th
TSX and Dow move higher Monday on tentative signs of progress in COVID-19 battle CBC.caCoronavirus: Stocks rise across global financial markets amid slowing deaths, stimulus packages 9NewsView Full coverage on Google News.... More »
The best TFSAs in Canada for 2021 + MORE Jan 27th
A tax-free savings account, known better as a TFSA, is a savings vehicle available to Canadians aged 18 and up who have a valid social insurance number (SIN). It was launched by the federal government in 2009 as a way to encourage Canadians to save and invest.
As the name suggests, TFSAs offer a tax.... More »
Stock market news for investors: Rogers hopes sports deals will boost share price, National Bank buys PGM Global Holdings Apr 24th
Here’s a round-up of news for Canadian investors this week.
Rogers
National Bank of Canada
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings with 2.00% interes.... More »
B.C. credit unions end merger talks, cite operating environments and costs + MORE Jan 29th
NEW WESTMINSTER, B.C. – Merger talks have ended unsuccessfully for two credit unions in British Columbia.
Westminster Savings Credit Union and Prospera Credit Union announced last September that they had entered into negotiations.
The financial institutions say in a joint news release that the.... More »
In NYC, a $185M tunnel that leads to nowhere, for now; built for still-unfunded train tunnels
– canadianbusiness.com
NEW YORK, N.Y. – Taking shape on Manhattan’s West Side is a $185 million, federally funded tunnel that leads to nowhere, for now.
The 800-foot-long, 35-foot-deep concrete trench could someday lead to two new commuter rail tunnels under the Hudson River to New Jersey, if the billions needed to build them ever materialize.
The access tunnel is being built now because the massive Hudson Yards development with six skyscrapers, the tallest being 80 stories, will soon be built on top of it. Trying to dig such a huge trench through the bedrock after those buildings are completed, officials say, would be an engineering and financial nightmare.
U.S. Sen. Charles Schumer, D-N.Y., was among the lawmakers who pushed Congress to approve Superstorm Sandy relief money for the planned flood-resistant access tunnel, calling it mitigation to protect infrastructure from future storms. But he argued it would have to be built now because the skyscraper developers could not be delayed indefinitely…
The 800-foot-long, 35-foot-deep concrete trench could someday lead to two new commuter rail tunnels under the Hudson River to New Jersey, if the billions needed to build them ever materialize.
The access tunnel is being built now because the massive Hudson Yards development with six skyscrapers, the tallest being 80 stories, will soon be built on top of it. Trying to dig such a huge trench through the bedrock after those buildings are completed, officials say, would be an engineering and financial nightmare.
U.S. Sen. Charles Schumer, D-N.Y., was among the lawmakers who pushed Congress to approve Superstorm Sandy relief money for the planned flood-resistant access tunnel, calling it mitigation to protect infrastructure from future storms. But he argued it would have to be built now because the skyscraper developers could not be delayed indefinitely…
Asia shares fall on worries over Ukraine crisis; investors watching for US, China data
– canadianbusiness.com
TOKYO – Shares fell Monday in Asia as investors remained wary of mounting violence in Ukraine, while awaiting a raft of financial indicators due later in the week.
Japan’s benchmark Nikkei 225 stock index fell 1.2 per cent to 14,257.37, while Hong Kong’s Hang Seng Index was 0.4 per cent lower at22,142.16.
Shares in New Zealand, Taiwan, China, India and Singapore also fell, though South Korea’s Kospi added 0.2 per cent to 1,975.68 and Australia’s S&P ASX 200 gained 0.1 per cent to 5,534.30.
The U.S. was preparing to levy fresh sanctions against Russia for Moscow’s failure to uphold terms of an agreement with the U.S., the European Union and Ukraine that calls for Moscow to withdraw Russian forces from the border with Ukraine and encourage pro-Russian separatists to turn over buildings they’re occupying in eastern Ukraine.
Meanwhile, pro-Russian militants turned to kidnapping, taking dozens hostage, including journalists, pro-Ukraine activists and European military observers…
Japan’s benchmark Nikkei 225 stock index fell 1.2 per cent to 14,257.37, while Hong Kong’s Hang Seng Index was 0.4 per cent lower at22,142.16.
Shares in New Zealand, Taiwan, China, India and Singapore also fell, though South Korea’s Kospi added 0.2 per cent to 1,975.68 and Australia’s S&P ASX 200 gained 0.1 per cent to 5,534.30.
The U.S. was preparing to levy fresh sanctions against Russia for Moscow’s failure to uphold terms of an agreement with the U.S., the European Union and Ukraine that calls for Moscow to withdraw Russian forces from the border with Ukraine and encourage pro-Russian separatists to turn over buildings they’re occupying in eastern Ukraine.
Meanwhile, pro-Russian militants turned to kidnapping, taking dozens hostage, including journalists, pro-Ukraine activists and European military observers…
An uneasy relationship behind response to financial crash
– theglobeandmail.com
Finance Department and central bank clashed over merits of quantitative easing, policy and regulatory powers
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
