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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Ford warns Carney not to cut tariffs on Chinese EVs as PM looks to repair ties with Beijing - CBC Jan 8th
Ford warns Carney not to cut tariffs on Chinese EVs as PM looks to repair ties with Beijing CBCChina may try to use Carney’s visit to drive a wedge between Ottawa and Washington: Kovrig CTV NewsPrime Minister Carney to diversify Canada’s trade, attract new investment, and s.... More »
B.C. places 15-per-cent cap on fees for food delivery services - Global News Dec 22nd
B.C. places 15-per-cent cap on fees for food delivery services Global NewsBC caps fees charged to restaurants by third-party delivery companies CBC.caB.C. sets temporary cap on food-delivery fees for restaurants Vancouver SunFood delivery app fees for restaurants cap.... More »
How improving your financial literacy can help ease stress in a tough economy + MORE May 23rd
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.
Best online brokers in Canada fo.... More »
The best GIC rates in Canada for 2025 + MORE Jul 7th
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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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This 29-year-old has been laid off twice as a server and is starting from scratch, spending all his savings to study UX design. Living at home, he wants financial help + MORE Mar 15th
Peter, 29, a server working in Halton Region, was laid off for the second time in December, during COVID-19’s second wave. Currently, he’s receiving $1,800 a month (before tax) through Employment Insurance..... More »
Aimia in talks with new Aeroplan partners as it braces for Air Canada’s departure
– canadianbusiness.com
Loyalty program operator Aimia Inc. (TSX:AIM) swung to a loss of $25.1 million in its latest quarter as it said it’s in talks with a number of potential partners to replace its departing Aeroplan partner Air Canada (TSX:AC).
CEO David Johnson wouldn’t provide details of the Montreal-based company’s plans for replacing Air Canada on a conference call with analysts Thursday, but said to “expect a re-invented program which will continue to be multi-airline.”
Johnson and departing chief financial officer Tor Lonnum said during the call that Aimia’s diversified customer base and cash resources are giving management time to cut costs, simplify the business and find new offerings for card holders.
Still, Johnson said Aeroplan customers mainly use their points for travel, and that’s likely to continue both before and after 2020 when Air Canada will begin to operate its own points program.
By the end of 2019, Aimia said it expects to reduce annualized costs by $70 million, in part by cutting its workforce by 10 per cent this year…
CEO David Johnson wouldn’t provide details of the Montreal-based company’s plans for replacing Air Canada on a conference call with analysts Thursday, but said to “expect a re-invented program which will continue to be multi-airline.”
Johnson and departing chief financial officer Tor Lonnum said during the call that Aimia’s diversified customer base and cash resources are giving management time to cut costs, simplify the business and find new offerings for card holders.
Still, Johnson said Aeroplan customers mainly use their points for travel, and that’s likely to continue both before and after 2020 when Air Canada will begin to operate its own points program.
By the end of 2019, Aimia said it expects to reduce annualized costs by $70 million, in part by cutting its workforce by 10 per cent this year…
At midday: TSX slides as investors flee riskier assets
– theglobeandmail.com
Wall Street reels under N. Korea tensions, tepid retail earnings
CI Financial Corp. has agreed to buy Sentry Investments Corp. in a friendly deal worth about $780 million, adding to its portfolio of mutual funds.
How to avoid RESP penalties if your child quits university
– theglobeandmail.com
You can transfer the RESP-generated income to a child’s sibling or move the money into an RRSP
