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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Markets slide as Trump's tariff war escalates - BBC.com Feb 3rd
Markets slide as Trump's tariff war escalates BBC.comForbes Daily: Markets Brace As Trump Triggers Trade War Among Allies ForbesMarkets in Asia, Europe slide as Trump starts wielding tariffs The Washington PostStocks tumble and dollar surges as Trump unleashes trade .... More »
Should you sell your home to your kids? Oct 13th
Q. A scenario we are thinking of is “selling” our principal residence to our three adult children. We would use the proceeds to build a vacation home that they will eventually inherit. When they buy our home, it will not be a principal residence for any of the children, as they all have homes. I.... More »
How to add dividend ETFs to a Couch Potato portfolio + MORE Feb 21st
(Photograph by Raina + Wilson)
Q: I am a 63-year-old retired Couch Potato investor. I haven’t seen any unbiased information about dividend ETFs. Have you got any thoughts or recommendations on these?
— Mike
A: The traditional Couch Potato portfolios use plain-vanilla index funds and ETFs t.... More »
Top 10 most expensive homes in Metro Vancouver (PHOTOS) - Daily Hive + MORE Jan 2nd
Top 10 most expensive homes in Metro Vancouver (PHOTOS) Daily HiveIt should be no surprise that Metro Vancouver's most valuable residential real estate is located in the Westside area of the city of Vancouver, but here is a ...View full coverage on Google News.... More »
Toys "R" Us ends Canadian stores auction with Fairfax as sole bidder + MORE Apr 23rd
Toys "R" Us Inc. will seek approval to sell its Canadian unit to Fairfax Financial Holdings Ltd. after cancelling an auction for the company's Canadian operations..... More »
Sale or no sale, changes could come to Twitter users
– canadianbusiness.com
NEW YORK, N.Y. – Sale or no sale, Twitter users are bound to see changes as the beleaguered communications service tries to broaden its appeal to more people and advertisers.
A new owner could clean up Twitter and curb some of the nastiness that’s become synonymous with it. Or perhaps a new owner would just show more ads. Or let it languish while it mines the best of what Twitter now has into its existing products and services.
All of this is speculation, of course, and there might not even be a new owner. Twitter’s stock has plunged after rumoured bidders are, well, rumoured to be no longer interested. The company is scheduled to report its third-quarter earnings on Thursday, and analysts are expecting lukewarm results along with a dismissal of takeover rumours. Layoffs are also likely.
A new parent — whether that’s Google (huh?), Salesforce (who?) or Disney (hmm…) — could inject fresh life into a 10-year-old company that’s never turned a profit and remains confounding to many people…
A new owner could clean up Twitter and curb some of the nastiness that’s become synonymous with it. Or perhaps a new owner would just show more ads. Or let it languish while it mines the best of what Twitter now has into its existing products and services.
All of this is speculation, of course, and there might not even be a new owner. Twitter’s stock has plunged after rumoured bidders are, well, rumoured to be no longer interested. The company is scheduled to report its third-quarter earnings on Thursday, and analysts are expecting lukewarm results along with a dismissal of takeover rumours. Layoffs are also likely.
A new parent — whether that’s Google (huh?), Salesforce (who?) or Disney (hmm…) — could inject fresh life into a 10-year-old company that’s never turned a profit and remains confounding to many people…
Three charts that show just how fragile the mining stock rally really is
– theglobeandmail.com
One possible explanation for the recent strength in the mining sector is an apparent stabilization in the global economy
Barclays says core earnings fall 73 per cent in 3rd quarter
– canadianbusiness.com
LONDON – Barclays says earnings from its core operations fell 73 per cent in the third quarter as it took a 320 million-pound ($392 million) charge for bad debts in its U.S. and U.K. credit card businesses.
The bank, which has been shedding riskier assets and focusing on Britain, said Thursday net income from its core business dropped to 257 million pounds from 961 million pounds a year earlier.
Net income for Barclays Group, which includes noncore businesses the bank intends to dispose of, fell 1 per cent to 414 million pounds.
Chief Executive Jes Staley says Barclays is selling noncore assets, dealing with legacy issues and meeting capital requirements. He says the bank is creating a “simplified trans-Atlantic, consumer, corporate and investment bank with the capacity to deliver sustainable high-quality returns.”
The post Barclays says core earnings fall 73 per cent in 3rd quarter appeared first on Canadian Business – Your Source For Business News.
The bank, which has been shedding riskier assets and focusing on Britain, said Thursday net income from its core business dropped to 257 million pounds from 961 million pounds a year earlier.
Net income for Barclays Group, which includes noncore businesses the bank intends to dispose of, fell 1 per cent to 414 million pounds.
Chief Executive Jes Staley says Barclays is selling noncore assets, dealing with legacy issues and meeting capital requirements. He says the bank is creating a “simplified trans-Atlantic, consumer, corporate and investment bank with the capacity to deliver sustainable high-quality returns.”
The post Barclays says core earnings fall 73 per cent in 3rd quarter appeared first on Canadian Business – Your Source For Business News.
Thriving services sector masks broader economic recovery weakness
– theglobeandmail.com
Canada’s service sector has a long way to go before it can deliver the kind of wages, investment and exports that a healthy goods sector generates
Mixed results for trio of major Canadian gold producers
– theglobeandmail.com
Agnico Eagle Mines, Barrick and Goldcorp reported their third-quarter earnings on Wednesday
