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
TFSA contribution room calculator + MORE Jan 10th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
TFSA is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-traded funds .... More »
ZTE stock falls after U.S. penalties over Iran, North Korea + MORE Jun 13th
Shares in ZTE Corp. fell 42 percent Tuesday in Hong Kong on their first trading day after the Chinese telecoms equipment maker agreed to pay a $1 billion US penalty to the U.S. government and replace its top managers..... More »
How TD Put the “Managed” in ETF Portfolios + MORE Mar 23rd
What Canadian bank was first to launch a line of ETFs? You might think it was BMO, which is by far the biggest bank in the industry today, with more than 70 ETFs and some $37 billion in assets. But in fact it was TD, who were ahead of the curve when they created a small family of ETFs way back in 20.... More »
Donald Trump’s tweets about rising stock prices plotted against the market decline + MORE Feb 10th
At one point on Friday Feb. 9, the Dow Jones Industrial Average fell to its lowest level since late November, before rebounding. Since January 26, the Dow has dropped close to 10 per cent, the first significant decline in stock prices since Donald Trump moved into the White House.
Before the downtur.... More »
The best TFSAs in Canada for 2023 + MORE Jul 4th
Tax-free savings accounts (TFSAs) offer a deceptively simple promise: A place where your money can grow without taking a tax hit at the time of withdrawal. However, the value goes beyond that. Unlike their name suggests, TFSAs are more than a simple tax-sheltered savings account.
Since they were.... More »
BoC deputy governor says weak business investment still a concern
– theglobeandmail.com
Lawrence Schembri said sluggish business investment is a major downside risk to the Bank of Canada’s inflation outlook
Three lucrative mutual funds share a trait: They’re dull
– theglobeandmail.com
Three funds that consistently beat their benchmarks have low fees, a low profile and low excitement
Canada’s main stock index fell as declines in banks, airlines and energy stocks dragged heavily on the market.
Canada’s stock market watchdogs to review climate change public disclosures
– canadianbusiness.com
The regulators of Canada’s stock markets are taking a fresh look at how publicly traded companies disclose the risks and financial effects associated with climate change.
The Canadian Securities Administrators, which represents the country’s provincial and territorial stock regulators, says it wants to gather information on the current state of disclosure both at home and internationally.
Canadian publicly traded companies are required to disclose material risks, which may include the impact of climate change or other environmental matters.
However, the CSA notes that the Financial Stability Board _ which sets voluntary standards on a global scale _ proposed a new framework for disclosures in December.
CSA staff will consult investors and companies that are required to report important information and report its findings upon completing the review.
Bank of Canada deputy governor Timothy Lane warned earlier this month that the economy and financial system could face “material and pervasive” impacts from climate change…
The Canadian Securities Administrators, which represents the country’s provincial and territorial stock regulators, says it wants to gather information on the current state of disclosure both at home and internationally.
Canadian publicly traded companies are required to disclose material risks, which may include the impact of climate change or other environmental matters.
However, the CSA notes that the Financial Stability Board _ which sets voluntary standards on a global scale _ proposed a new framework for disclosures in December.
CSA staff will consult investors and companies that are required to report important information and report its findings upon completing the review.
Bank of Canada deputy governor Timothy Lane warned earlier this month that the economy and financial system could face “material and pervasive” impacts from climate change…
Sandwich wars: Freshii makes pitch to lure franchisees away from Subway
– canadianbusiness.com
Freshii has made an ostentatious bid to lure franchisees away from rival Subway as it looks to more than triple its footprint over the next two years.
Matthew Corrin, founder and CEO of the Toronto-based restaurant chain, released an open letter Tuesday to Subway franchisees with a “sincere proposal” to convert some of their submarine shops into Freshii outlets.
“This is not a takedown,” Corrin said in an interview.
Subway, which operates more than 44,000 restaurants in 112 countries, could prosper if it unloaded 14,000 locations, Corrin said. He estimates willing franchisees can make the switch for US$75,000 per store.
“What that requires is Subway’s blessing,” he said.
Subway, a private company headquartered in Milford, Conn., did not respond to a request for comment Tuesday.
As of Sept. 25, 2016, Freshii had 244 stores in 15 countries, according to financial documents. In February, a month after it went public, Freshii announced it would enter the United Kingdom in its efforts to grow to 840 locations worldwide by the end of 2019…
Matthew Corrin, founder and CEO of the Toronto-based restaurant chain, released an open letter Tuesday to Subway franchisees with a “sincere proposal” to convert some of their submarine shops into Freshii outlets.
“This is not a takedown,” Corrin said in an interview.
Subway, which operates more than 44,000 restaurants in 112 countries, could prosper if it unloaded 14,000 locations, Corrin said. He estimates willing franchisees can make the switch for US$75,000 per store.
“What that requires is Subway’s blessing,” he said.
Subway, a private company headquartered in Milford, Conn., did not respond to a request for comment Tuesday.
As of Sept. 25, 2016, Freshii had 244 stores in 15 countries, according to financial documents. In February, a month after it went public, Freshii announced it would enter the United Kingdom in its efforts to grow to 840 locations worldwide by the end of 2019…
