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
Canadians biggest buyers of Manhattan real estate this year + MORE Sep 29th
Canadians have been big investors in Manhattan real estate in 2015, buying $3.85 billion US of property, more than any other foreign investor, according to Real Capital Analytics..... More »
Freed Israeli hostage describes 'hell' of abduction by Hamas - CBC.ca Oct 24th
Freed Israeli hostage describes 'hell' of abduction by Hamas CBC.caNow freed, an Israeli hostage describes the 'hell' of harrowing Hamas attack and terrifying capture CP24UPDATE: Hostages Freed, Barclays Earnings Disappoint, and UK Jobs BloombergOpinion: Daily Despat.... More »
Sienna Senior Living in $255M deal to acquire B.C. seniors housing assets + MORE Apr 18th
MARKHAM, Ont. – Ontario-based Sienna Senior Living (TSX:SIA) is acquiring seniors housing assets in British Columbia for $255 million, including mortgage debt.
Sienna said the assets, known as the Baltic properties, include two high-quality private-pay independent living retirement residences .... More »
HBC going private? - Business News - Castanet.net Jun 10th
HBC going private? - Business News Castanet.netShareholders in HBC propose to take the company private CBC NewsHBC stock has best day in years, up on news of asset sale, privatization plan Yahoo Canada FinanceHudson’s Bay executive chair spearheading bid to take re.... More »
“Get to know and minimize the investing fees you pay”: Michael McCullough, MoneySense contributing editor + MORE Oct 30th
Financial writer and editor Michael McCullough has made a career of helping Canadians understand a wide range of money topics, from real estate to alternative investments. In addition to being a MoneySense contributor and contributing editor, Michael writes for The Globe and Mail and BCBusiness, and.... More »
TransCanada Corp., BlackBerry and Manulife Financial Corp. are some of the stocks we are eyeing Wednesday, the latest stock-trading day in Canada this week. Markets will be closed Thursday and Friday for the Christmas Day and Boxing Day holidays.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
Bitcoin meets gold for Canadian startup seeking IPO
– theglobeandmail.com
Toronto’s BitGold says it will enable customers to swap their holdings between gold bullion and bitcoins
Novo Nordisk, Transocean, Walgreen, Adamas and Novo Nordisk are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Novo Nordisk AS, up 95 cents to $43.67
U.S. regulators approved the pharmaceutical company’s diabetes drug to be used to treat obesity, the first injectable cleared for weight loss.
Walgreen Co., up 16 cents to $76.67
Wall Street is ecstatic over the numbers from the drug store’s latest quarter, with many analysts upping their price targets on the stock.
Brookfield Residential Properties Inc., up $1.15 to $24.01
Brookfield Asset Management is buying the slice of the land developer it does not own after upping its offer by more than 5 per cent.
Transocean Ltd., down 37 cents to $18.77
Crude prices that stabilized this week after months of declines slumped again and dragged big energy companies down with them.
Nasdaq
Taser International Inc., 85 cents to $26.87
Major orders continue to roll in for the maker of defence equipment used by police departments, particularly its body cameras…
NYSE
Novo Nordisk AS, up 95 cents to $43.67
U.S. regulators approved the pharmaceutical company’s diabetes drug to be used to treat obesity, the first injectable cleared for weight loss.
Walgreen Co., up 16 cents to $76.67
Wall Street is ecstatic over the numbers from the drug store’s latest quarter, with many analysts upping their price targets on the stock.
Brookfield Residential Properties Inc., up $1.15 to $24.01
Brookfield Asset Management is buying the slice of the land developer it does not own after upping its offer by more than 5 per cent.
Transocean Ltd., down 37 cents to $18.77
Crude prices that stabilized this week after months of declines slumped again and dragged big energy companies down with them.
Nasdaq
Taser International Inc., 85 cents to $26.87
Major orders continue to roll in for the maker of defence equipment used by police departments, particularly its body cameras…
Happy holidays! Love, the American economy
– macleans.ca
It’s a record-breaking Christmas for the U.S., as American markets hit record highs yesterday following third-quarter GDP numbers that showed the strongest growth in more than a decade. In the rest of the world, today was a quieter day – with markets closing at midday in Asia, the Pacific and Europe. Of course, Canadian and U.S. markets will be closed tomorrow and Boxing Day, and again on New Years Day.
This is also the last Morning Playbook for the year. See you in 2015, and Merry Christmas!
The Day Ahead
The Dow and S&P 500 hit all-time highs – again, as U.S. markets rallied for the fifth straight day and pushed beyond records set just yesterday. The jump came on news that the third-quarter saw stronger than expected growth, while markets are still jumping from last week’s comments from the Federal Treasury on a “patient” approach to a rate hike expected for next year. In Canada, the TSX/S&P index also saw a three-digit gain, rising 0.2 per cent, after dipping slightly yesterday…
