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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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 »
Bank of Canada survey says Canadian businesses are optimistic Oct 16th
A new Bank of Canada poll suggested Monday that companies are optimistic about the year ahead — especially when it comes to sales growth, foreign demand and their investment plans..... More »
GICs and Savings Accounts - Which Best Combat Inflation? Sep 7th
Guaranteed Investment Certificates (GICs) and Savings accounts at banks offer a person in Canada the safest possible place to invest money. Both are backed 100% against any loss up to $100,000 by the Canada Deposit Insurance Corporation, an arm of the federal government. That's as safe as it gets.Sa.... More »
No new COVID-19 cases in NS - CTV News Atlantic Aug 16th
No new COVID-19 cases in NS CTV News AtlanticWhy COVID-19 means you should stock up for hurricane season now CBC.caEmbracing the good ol' outdoors during COVID-19 CBC.caNova Scotia reports no new COVID-19 cases Sunday CBC.caHealth officials warn of potenti.... More »
Frankfurt WW II bomb defusal delayed as some people refuse to leave evacuation zone - CBC.ca Sep 3rd
CBC.caFrankfurt WW II bomb defusal delayed as some people refuse to leave evacuation zoneCBC.caTen of thousands of residents of Germany's financial capital Frankfurt left their homes on Sunday ahead of the planned defusing of a massive Second World War bomb discovered on a building site. Bomb t.... More »
Donald Trump delivers remarks while campaigning at Regent University October 22, 2016 in Virginia Beach, Virginia. (Win McNamee/Getty Images)OTTAWA – Canada’s envoy to Washington has shot back at criticism by President Donald Trump and U.S. milk producers, saying the facts don’t support a charge that the Canadian dairy industry is to blame for the woes of some American farmers.
“Canada does not accept the contention that Canada’s dairy policies are the cause of financial loss for dairy farmers in the United States,” Ambassador David MacNaughton said in a letter to the governors of Wisconsin and New York that was released Tuesday night in rebuttal to Trump’s surprise criticism of Canada earlier in the day.
“The facts do not bear this out.”
The U.S. president’s surprise decision to call out Canada by name Tuesday put dairy farmers north of the border on notice that they are in America’s fair-trade sights.
Trump launched his broadside after a brewing trade spat that has seen the U…
Ontario to place 15 per cent tax on foreign home buyers
– macleans.ca
A pedestrian walks between homes for sale in the Leslieville neighborhood of Toronto, Ontario, Canada, on Saturday, March 4, 2017. (Mark Sommerfeld/Bloomberg/Getty Images)TORONTO – The Canadian Press has learned the Ontario government will place a 15 per cent tax on non-resident foreign buyers as part of a much-anticipated package of housing measures to be unveiled today, aimed at cooling a red-hot market.
Premier Kathleen Wynne and Finance Minister Charles Sousa have signalled that the measures will take aim at speculators, expedite more supply, tackle rental affordability and look at realtor practices.
The average price of detached houses in the Greater Toronto Area rose to $1.21 million last month, up 33.4 per cent from a year ago, but Wynne says the issue extends throughout the Golden Horseshoe area.
Sousa says investing in real estate is not a bad thing, but he wants speculators to pay their fair share.
He says the measures will also look at how to expedite housing supply, and he has appeared receptive to Toronto Mayor John Tory’s talk of a vacant homes tax…
Wind turbines behind a house with solar panels. (Nick Hanna/Alamy)OTTAWA – Canada’s clean technology sector, once pegged as a growth industry with the potential to be worth $50 billion by the year 2022, is bleeding money and falling behind international competition, a new report says.
Using financial data provided by 148 clean tech companies, the 2017 Analytica Advisors report finds an industry that has grown quickly, with 850 firms and 55,200 direct employees, up from 729 firms and 38,800 employees in 2011.
In its first annual report on the industry in 2011, Analytica said clean technology had the potential to become an industry worth upwards of $50 billion in Canada over the course of the next decade.
That goal is now “out of reach,” said Analytica president Celine Bak, without a significant change in how financial markets make capital investments.
“When I made that call several years ago, there was an assumption at that time that financial markets would move more quickly than they have,” Bak said…
Canada's clean tech industry falling behind international competition: report
– theglobeandmail.com
Report says Canada needs to overhaul how financial markets make capital investments in the industry
