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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Trump Family Finance - Wall Street Journal Oct 3rd
Wall Street JournalTrump Family FinanceWall Street JournalLast year MSNBC anchor Rachel Maddow revealed tax data suggesting that Donald Trump is not nearly as good as Warren Buffett when it comes to avoiding federal income taxes. But what about Mr. Trump's late father Fred? The New York Times i.... More »
Former Fed chair Greenspan sees no stock excess, warns of bond market bubble + MORE Aug 1st
While the consensus of forecasters is still for low rates to persist, Alan Greenspan isn’t alone in warning they will break higher quickly
.... More »
The best RRSPs in Canada for 2024 + MORE Nov 13th
Why should you open a registered retirement savings plan (RRSP)? This account type is often described as “tax-advantaged,” meaning it offers a tax-efficient way for savers and investors to build wealth for the future, usually for retirement. To maximize its potential, it helps to know the differ.... More »
Canada’s best dividend stocks for 2023 + MORE Apr 28th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
The year 2023 couldn’t have arrived fast enough for Ca.... More »
Thousands of Indians declare $9.5 billion in ‘black money’ Oct 1st
NEW DELHI – Tens of thousands of Indians have declared a total of $9.5 billion in money that was either illegally obtained or not declared for tax purposes as part of a one-time opportunity to come clean under a government scheme, India’s finance minister said Saturday.
The declarations .... More »
At midday: TSX rises in broad but shallow rebound, Valeant falls
– theglobeandmail.com
Department store earnings power Wall Street rally
Britain’s vote to leave the European Union was a major drag on Canada’s largest pension fund, but a recovery in stock markets has softened the blow, the new CEO of the Canada Pension Plan Investment Board said Thursday.
5 tips to bounce back after a foreclosure or short sale
– canadianbusiness.com
Philip and Denise Powell lost their home in 2011 after Philip’s hours as a pastor were cut in half and Denise was sidelined by a surgery. But they were determined to become homeowners again, so they rolled up their sleeves and got to work.
The Highland, California, couple got financial counselling. They took control of their credit reports, tackled high-interest debts and cut spending. In 2015, they bought another home.
“We thought we’d never recover,” Philip Powell says, recalling the devastation they felt after losing their home. “No one in California was ready for the crash; it hit us hard.”
Their story is typical of the more than 9.3 million homeowners who lost a home through a distressed property sale from 2006 through 2014, according to the National Association of Realtors.
As rents rise, low mortgage rates persist and the economy gradually improves, some who lost their home in recent years will be able to re-enter the housing market. A 2015 study by the NAR found that 1…
The Highland, California, couple got financial counselling. They took control of their credit reports, tackled high-interest debts and cut spending. In 2015, they bought another home.
“We thought we’d never recover,” Philip Powell says, recalling the devastation they felt after losing their home. “No one in California was ready for the crash; it hit us hard.”
Their story is typical of the more than 9.3 million homeowners who lost a home through a distressed property sale from 2006 through 2014, according to the National Association of Realtors.
As rents rise, low mortgage rates persist and the economy gradually improves, some who lost their home in recent years will be able to re-enter the housing market. A 2015 study by the NAR found that 1…
Stock markets, commodities head higher amid positive U.S. employment data
– canadianbusiness.com
TORONTO – North American stock markets are rallying this morning amid signs of strength in the U.S. economy.
Energy, materials and gold stocks helped push the S&P/TSX composite index up by 62.69 points to 14,837.79 after nearly two hours of trading.
In New York, the Dow Jones industrial average was ahead by 107.24 points to 18,602.90, the broader S&P 500 composite index gained 9.15 points to 2,184.64 and the Nasdaq composite added 18.53 points to 5,223.11.
The Labor Department reported that applications for new unemployment benefits fell last week, a signal that employers could be adding jobs.
Oil prices rebounded with the September crude contract jumping $1.36 at US$43.07 per barrel, while the Canadian dollar gained 0.26 of a U.S. cent to 76.81 cents US.
The December gold contract rose $6.50 to US$1,358.40 an ounce, while September copper contracts rose two cents to US$2.19 a pound.
September natural gas was up two cents at US$2.59 per mmBTU.
The post Stock markets, commodities head higher amid positive U…
Energy, materials and gold stocks helped push the S&P/TSX composite index up by 62.69 points to 14,837.79 after nearly two hours of trading.
In New York, the Dow Jones industrial average was ahead by 107.24 points to 18,602.90, the broader S&P 500 composite index gained 9.15 points to 2,184.64 and the Nasdaq composite added 18.53 points to 5,223.11.
The Labor Department reported that applications for new unemployment benefits fell last week, a signal that employers could be adding jobs.
Oil prices rebounded with the September crude contract jumping $1.36 at US$43.07 per barrel, while the Canadian dollar gained 0.26 of a U.S. cent to 76.81 cents US.
The December gold contract rose $6.50 to US$1,358.40 an ounce, while September copper contracts rose two cents to US$2.19 a pound.
September natural gas was up two cents at US$2.59 per mmBTU.
The post Stock markets, commodities head higher amid positive U…
CPPIB diversifies investments amid volatile markets
– theglobeandmail.com
The CPPIB said it ended the quarter to June 30 with net assets of $287.3-billion, compared with $278.9-billion three months earlier
