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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S&P 500 Has Best Week in 2023 as Bond Yields Slide: Markets Wrap - Yahoo Finance + MORE Nov 3rd
S&P 500 Has Best Week in 2023 as Bond Yields Slide: Markets Wrap Yahoo FinanceS&P 500 notches best week in 2023 as yields tumble BNN BloombergWall Street indexes rally on bets of peak US interest rates, strong earnings Inquirer.netWhy Are Stocks Up Today?&nbs.... More »
Police release graphic video of fatal shooting in downtown Toronto, looking to identify suspects - Globalnews.ca May 25th
Globalnews.caPolice release graphic video of fatal shooting in downtown Toronto, looking to identify suspectsGlobalnews.caWARNING: Viewer discretion is advised. The Toronto police homicide squad say they have released a graphic video showing the fatal shooting of Jaiden Jackson with the goal of iden.... More »
Deficit soars to $78.3 billion as Carney budget bets big on 'investment' spending while slashing public service Nov 5th
Carney’s minority government stakes its survival on the plan that books more than $141 billion in new federal spending over the next five years..... More »
Toronto stocks, loonie close higher, while U.S. markets mixed + MORE Mar 13th
TORONTO – Canada’s main stock index closed higher Monday as the loonie moved up against the U.S. dollar on a mixed day for the markets.
The S&P/TSX composite index closed up 26.98 points to 15,604.79 in a day that saw gold and base metals move higher while energy stocks weighed in th.... More »
Claude Mongeau to step down as CN Rail CEO + MORE Jun 7th
MONTREAL — Canadian National Railway will have its third leader in more than six years after the CEO of the country’s largest railway said Tuesday he’s stepping down because a medical condition makes it difficult to continue in the job.
Claude Mongeau returned to work in January after.... More »
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Catching up with Derek Foster “Canada’s Youngest Retiree”
– myownadvisor.ca
A few years ago, I got a chance to sit down and chat with Derek Foster, “Canada’s Youngest Retiree”. Back then Derek shared his thoughts on the stock market, his investment strategy and much more. I recently caught up with Derek and for this post I decided to playback the things Derek told me then and see what he thinks today. First up, a quick bio:
Derek was born in Ottawa in 1970. He left the proverbial rat race at the age of 34 by using various investing strategies, many he believes any investor can emulate.
Derek is a 6-time National Bestselling author and when not writing books or giving speaking engagements (like at the World MoneyShow in Toronto this week) Derek spends time with his wife and six children in Ottawa (that must be a VERY busy house…)
In our last interview a few years ago Derek, after “The Idiot Millionaire: You Can Become Wealthy!” was released you said this about the economic downturn and getting out the market:
It was largely because of the 2008-2009 economic downturn…
AbbVie says its board to reconsider $55B Shire deal, citing changes in tax rules
– canadianbusiness.com
CHICAGO – The drugmaker AbbVie said Tuesday it is having second thoughts about its deal to combine with British counterpart Shire after the U.S. government created new limitations on the tax benefits of incorporating overseas.
North Chicago, Illinois-based AbbVie Inc. said it notified Shire that its board intends to reconsider the recommendation it made in July that its shareholders back the proposed combination worth roughly $55 billion.
AbbVie said in a statement that it hasn’t called off the deal. But it said its board needs to weigh “the fundamental financial benefits of the transaction” in light of new tax regulations announced by the U.S. Treasury in September. The regulations aim to crack down on U.S. companies shifting their ownership abroad to shirk paying U.S. taxes.
In announcing their deal in July, the two drugmakers said they planned to create a new company incorporated on the British island of Jersey, where Shire is incorporated.
A spokeswoman for Shire PLC said the company had no comment on AbbVie’s Tuesday announcement…
North Chicago, Illinois-based AbbVie Inc. said it notified Shire that its board intends to reconsider the recommendation it made in July that its shareholders back the proposed combination worth roughly $55 billion.
AbbVie said in a statement that it hasn’t called off the deal. But it said its board needs to weigh “the fundamental financial benefits of the transaction” in light of new tax regulations announced by the U.S. Treasury in September. The regulations aim to crack down on U.S. companies shifting their ownership abroad to shirk paying U.S. taxes.
In announcing their deal in July, the two drugmakers said they planned to create a new company incorporated on the British island of Jersey, where Shire is incorporated.
A spokeswoman for Shire PLC said the company had no comment on AbbVie’s Tuesday announcement…
