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
Year-over-year housing sales in Greater Toronto Area down 22.2 per cent in May - CBC.ca + MORE Jun 4th
CBC.caYear-over-year housing sales in Greater Toronto Area down 22.2 per cent in MayCBC.caThe Toronto Real Estate Board (TREB) reports that May housing sales in the Greater Toronto Area were down 22.2 per compared to May of last year. TREB says that while the number of sales was down year-over-year .... More »
Benefits, fees, hidden perks: Choosing the right credit card for your lifestyle Mar 5th
Critical to building a credit history, credit cards are a rite of passage into financial adulthood.
Even if you’re debt-phobic or have heard too many horror stories of people maxing out their cards, you can’t skip this step.
Cindy Marques, certified financial planner and director at Open A.... More »
Why emotional biases may be riskier than market swings + MORE Apr 17th
Investing your money in the stock market can be more emotional than analytical, especially when the markets are volatile. And at times, it can be hard to keep those emotions in check. That’s when behavioural biases start driving investment decisions—moves that are purely based on how youR.... More »
Renting vs. buying: Which is the better option? Aug 20th
The rent-versus-buy debate has long divided financial experts and aspiring home owners, with no clear winner in sight.
The traditional argument holds: While buying a home can build long-term equity and stability, renting can provide flexibility and fewer upfront costs. But as home ownership becom.... More »
DC plans once you retire: What do you do with them? + MORE Jun 26th
Two questions, two experts share their answers on what to do with a defined contribution (DC) pension plan when Canadians retire.
What to do with a DC plan when you’re about to retire
Ask MoneySense
My husband has an DC RPP through an insurance company and will retire within the next year. .... More »
Canadian producers missing out on global oil recovery
– theglobeandmail.com
Despite headwinds, analysts don’t expect dividend cuts, although asset sales could be in order as major firms begin reporting
How Canada’s corporate elite can use their wealth to benefit society
– theglobeandmail.com
There should be no opposition to the creation of wealth in a free society through valid endeavours. The question is: What is the proper use of wealth once accumulated?
