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
TC Energy to proceed with Keystone XL pipeline after US$1.1 billion investment from Alberta government - Financial Post Mar 31st
TC Energy to proceed with Keystone XL pipeline after US$1.1 billion investment from Alberta government Financial PostAlberta investing US$1.1 billion in Keystone XL pipeline BNNBloomberg.caTC Energy to start work on Keystone XL pipeline after $1.1B US Alberta investment &n.... More »
Mission digital: How Coinbase is reshaping Canada’s crypto landscape + MORE Jul 11th
If you don’t follow crypto, you may have missed this news in April: Coinbase became the largest cryptocurrency exchange to be registered as a restricted dealer in Canada, as well as the first international crypto exchange to receive this status.
Coinbase Global Inc., based in the U.S., is a pub.... More »
Jeffrey Rath fought for First Nations. Now former clients are fighting him - Global News Jul 14th
Jeffrey Rath fought for First Nations. Now former clients are fighting him Global NewsCourt freezes accounts of separatist lawyer as First Nation alleges misappropriation CBCJudge freezes $8.5M of Alberta separatist lawyer’s assets amid First Nation trust fight Glo.... More »
At the open: TSX falls as sliding oil prices drag energy shares + MORE May 31st
Canada’s main stock index turned negative shortly after the open on Wednesday, as a sharp decline in energy companies, hurt by falling oil prices, offset a broad rally in most other sectors.
.... More »
Tesla Learns To Dance To Elon Time - CleanTechnica Jan 31st
Tesla Learns To Dance To Elon Time CleanTechnicaTesla's soaring stock raises questions about its future growth AxiosTesla is becoming the cheaper electric car QuartzTesla is proving itself as a carmaker The EconomistTesla Reveals Model 3 Deliveries By Regi.... More »
President-elect Donald Trump has agreed to a $25 million US settlement to resolve three lawsuits over Trump University, his former school for real estate investors.
Business Highlights
– canadianbusiness.com
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Volkswagen to shed 30,000 jobs, cutting costs after scandal
FRANKFURT, Germany (AP) — Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests.
The German company said the job cuts, which account to around 5 per cent of its global workforce, are part of a long-term plan to improve profitability and shift resources and investment to electric-powered vehicles and digital services.
At a news conference at Volkswagen’s headquarters in Wolfsburg, company officials said 23,000 of the job cuts will be in Germany and that the measures will save some 3.7 billion euros ($4 billion) a year from 2020. Volkswagen employs around 120,000 people at its namesake brand in Germany.
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The effects of India’s currency reform? ‘Chaos’ say analysts
NEW DELHI (AP) — The sudden withdrawal of 86 per cent of India’s currency has left cash in short supply, retail sales stumbling and wholesale markets in turmoil…
Volkswagen to shed 30,000 jobs, cutting costs after scandal
FRANKFURT, Germany (AP) — Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests.
The German company said the job cuts, which account to around 5 per cent of its global workforce, are part of a long-term plan to improve profitability and shift resources and investment to electric-powered vehicles and digital services.
At a news conference at Volkswagen’s headquarters in Wolfsburg, company officials said 23,000 of the job cuts will be in Germany and that the measures will save some 3.7 billion euros ($4 billion) a year from 2020. Volkswagen employs around 120,000 people at its namesake brand in Germany.
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The effects of India’s currency reform? ‘Chaos’ say analysts
NEW DELHI (AP) — The sudden withdrawal of 86 per cent of India’s currency has left cash in short supply, retail sales stumbling and wholesale markets in turmoil…
The close: Oil lifts TSX, Wall Street dragged down by healthcare
– theglobeandmail.com
U.S. dollar’s two-week advance of more than 7 per cent is the biggest since 1999.
Consumer watchdog agency asks court to reconsider ruling
– canadianbusiness.com
WASHINGTON – The government’s consumer finance watchdog is asking a federal appeals court to reconsider its ruling that said the agency’s structure is unconstitutional.
The Consumer Financial Protection Bureau on Friday called the 2-1 ruling last month “dramatic and unprecedented.” It said the decision overrides Congress’ goal to create an independent agency that protects consumers from harmful banking and lending practices.
The law creating the agency after the 2008-09 financial crisis says its director can only be removed “for cause,” such as neglect of duty, and not over political differences. But the U.S. Court of Appeals for the District of Columbia Circuit said that conflicts with the Constitution, which allows the president to remove executives for any reason.
The banking industry and Republicans in Congress have fiercely opposed the agency.
The post Consumer watchdog agency asks court to reconsider ruling appeared first on Canadian Business – Your Source For Business News.
The Consumer Financial Protection Bureau on Friday called the 2-1 ruling last month “dramatic and unprecedented.” It said the decision overrides Congress’ goal to create an independent agency that protects consumers from harmful banking and lending practices.
The law creating the agency after the 2008-09 financial crisis says its director can only be removed “for cause,” such as neglect of duty, and not over political differences. But the U.S. Court of Appeals for the District of Columbia Circuit said that conflicts with the Constitution, which allows the president to remove executives for any reason.
The banking industry and Republicans in Congress have fiercely opposed the agency.
The post Consumer watchdog agency asks court to reconsider ruling appeared first on Canadian Business – Your Source For Business News.
The Latest: Lawyers say deal will let Trump focus on nation – WHIO
– news.google.ca
WHIOThe Latest: Lawyers say deal will let Trump focus on nationWHIOFILE- In this May 23, 2005 file photo, then real estate mogul and Reality TV star Donald Trump, left, listens as Michael Sexton introduces him at a news conference in New York where he announced the establishment of Trump University. A federal judge in …Statement By A.G. Schneiderman On $25 Million Settlement Agreement Reached In Trump University Case | www.ag …New York Attorney General – New York StateDonald set to pay $25M in Trump University fraud case settlementNew York Daily NewsTrump agrees to pay $25 million to settle Trump University lawsuitsReutersall 199 news articles »
