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
Why are Canadians still frustrated with the economy? Nov 5th
The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation’s economy is actually doing a lot better.
Inflation is now at 1.6%, below the Bank of Canada’s 2% target. Interest rates are falling rapidly and mor.... More »
What’s included in Canada’s GST holiday—and how not to overspend + MORE Dec 6th
While many Canadians highly anticipate the federal government’s upcoming GST holiday, experts say consumers need to make sure they’re saving money on what they need most without falling for the allure of a deal and hurting their bottom line.
For most low- and middle-income families, “gett.... More »
How will the outcome of the U.S. election affect financial markets? + MORE Nov 1st
Whichever candidate wins the U.S. president election next Tuesday, experts say investors will be relieved to shed some uncertainty over what kinds of policies to expect.
But macroeconomic factors like interest rate cuts and geopolitical tensions will be far bigger influences on markets in t.... More »
Stock futures open little changed as traders await Nvidia earnings: Live updates - CNBC Nov 17th
Stock futures open little changed as traders await Nvidia earnings: Live updates CNBCNvidia, Walmart, Deere, Target, Snowflake, and More Stocks to Watch This Week Barron'sNvidia results will rock markets TheStreetStock rally stumbles with Nvidia earnings on tap: What.... More »
What types of tax-free savings accounts (TFSAs) exist? + MORE Nov 29th
A tax-free savings account (TFSA) is a fantastic way to earn money on your savings, without having to pay tax on those earnings. Registered by the federal government, TFSAs are available to Canadians aged 18 and older. Unlike a registered retirement savings plan (RRSP), you cannot deduct contributio.... More »
Bank of Canada nears decision on oversized rate cut The Globe and MailOttawa real estate industry watching anticipated interest rate cut closely CTV News OttawaBusiness News: Canada’s inflation rate drops to 3 year low & RBC says Canada’s labour market is a bigger risk to the economy than mortgage renewals Global News TorontoBank of Canada to Chop Rates a Full Point by Year End, Marion Says BNN BloombergLook to bond yields after next week’s Bank of Canada announcement. They’re like a GPS for fixed-rate mortgages Financial Post
