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
Converting mutual funds: The benefits, the risks and the costs Jan 25th
My wife and I have been educating ourselves on the merits of ETF vs traditional mutual funds after deciding to make a switch from our personal financial advisor. We were late starters in saving and we have another 15- to 20-year investment horizon ahead of us before retirement stares at us.
.... More »
How do mortgage brokers get paid? Feb 17th
Q. Is it typical to pay a mortgage broker fee in advance, and before closing?
My broker is saying that I have to pay cash one week before closing, and that he will pay other persons who are involved. I am confused as to why brokers payment in advance and in cash.
–Adil
A. A mortgage broker can obt.... More »
2016 Financial Goals – December update Dec 26th
Save, invest, prosper with My Own Advisor.
Welcome to my final financial goals update for 2016…
Earlier this year we made a bunch of assumptions and then we worked through those assumptions. How did we do in 2016? Did we fail? Let’s recap our goals and find out.
Maximize our Tax Free .... More »
Paying yourself first Oct 28th
There is perhaps no single piece of financial advice more frequently repeated than “pay yourself first.” And with good reason. It’s tough to grow savings if you prioritize all your spending needs and wants ahead of putting money away. While some of us fully intend to stash whatever is left at .... More »
IGM Financial makes bold bet on China with latest deal + MORE Dec 30th
Company looks to diversify in growing Asian market amid regulatory uncertainty, high costs and heightened competition in the Canadian market
.... More »
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-03-07. Click on the link above to get more details or apply online.
5.5 year – 2.35%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2013-11-09. Click on the link above to get more details or apply online.
Charter in pursuit of Time Warner Cable, willing to make offer of up to $38 billion
– canadianbusiness.com
NEW YORK, N.Y. – Cable TV operator Charter Communications intensified its pursuit of the much larger Time Warner Cable and vowed Monday to bring an offer directly to shareholders if needed after getting rebuffed by Time Warner’s management.
Time Warner Cable called the move “a non-starter.”
There has been months of speculation over a cable company buying Time Warner Cable, the nation’s No. 2 cable TV provider behind Comcast Corp. Monday’s pronouncement by Charter represents its most public overture yet, even as financial terms haven’t changed significantly. Although there is no formal proposal on the table, Charter said it is willing to make a cash-and-stock offer that could be worth up to $38 billion.
The developments come as broadcast and pay-TV channels demand higher fees from cable TV operators to include those channels in customers’ cable lineups. Last summer, Time Warner Cable had to drop CBS for about a month because of a fee dispute…
Time Warner Cable called the move “a non-starter.”
There has been months of speculation over a cable company buying Time Warner Cable, the nation’s No. 2 cable TV provider behind Comcast Corp. Monday’s pronouncement by Charter represents its most public overture yet, even as financial terms haven’t changed significantly. Although there is no formal proposal on the table, Charter said it is willing to make a cash-and-stock offer that could be worth up to $38 billion.
The developments come as broadcast and pay-TV channels demand higher fees from cable TV operators to include those channels in customers’ cable lineups. Last summer, Time Warner Cable had to drop CBS for about a month because of a fee dispute…
Judge approves Cantor Fitzgerald settlement over 9/11 losses
– theglobeandmail.com
Investment firm sued American Airlines, insurance companies, in 2004; settlement worth $135-million
Most actively traded companies on the TSX, TSX Venture Exchange markets
– canadianbusiness.com
TORONTO – Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (13,681.48 down 66.04 points):
Osisko Mining Corp. (TSX:OSK). Miner. Up $1.07, or 20.70 per cent, to $6.24 on 68 million shares. Goldcorp Inc. (TSX:G) announced a $2.6-billion cash and stock takeover play for the Montreal-based company.
Teranga Gold Corp. (TSX:TGZ) Miner. Up three cents, or 5.45 per cent, to 58 cents on 12.9 million shares.
Goldcorp Inc. (TSX:G) Miner. Down 25 cents, or 0.99 per cent, to $25.04 on 6.1 million shares.
Air Canada (TSX:AC.B) Airline. Up 44 cents, or 5.26 per cent, to $8.80 on 5.4 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up 15 cents, or 6.52 per cent, to $2.45 on 5.3 million shares.
Bombardier Inc. (TSX:BBD.B). Transportation. Down two cents, or 0.44 per cent, to $4.49 on 4.9 million shares.
Toronto Venture Exchange (966.55 up 9.85 points):
PNG Gold Corp. (TSXV:PGK). Miner. Up half a cent, or 20 per cent, to three cents on 3…
Toronto Stock Exchange (13,681.48 down 66.04 points):
Osisko Mining Corp. (TSX:OSK). Miner. Up $1.07, or 20.70 per cent, to $6.24 on 68 million shares. Goldcorp Inc. (TSX:G) announced a $2.6-billion cash and stock takeover play for the Montreal-based company.
Teranga Gold Corp. (TSX:TGZ) Miner. Up three cents, or 5.45 per cent, to 58 cents on 12.9 million shares.
Goldcorp Inc. (TSX:G) Miner. Down 25 cents, or 0.99 per cent, to $25.04 on 6.1 million shares.
Air Canada (TSX:AC.B) Airline. Up 44 cents, or 5.26 per cent, to $8.80 on 5.4 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up 15 cents, or 6.52 per cent, to $2.45 on 5.3 million shares.
Bombardier Inc. (TSX:BBD.B). Transportation. Down two cents, or 0.44 per cent, to $4.49 on 4.9 million shares.
Toronto Venture Exchange (966.55 up 9.85 points):
PNG Gold Corp. (TSXV:PGK). Miner. Up half a cent, or 20 per cent, to three cents on 3…
