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
Canada-EU amend controversial investment protection clause in CETA deal - CBC.ca + MORE Feb 29th
CBC.caCanada-EU amend controversial investment protection clause in CETA dealCBC.caThe Canadian government has made some amendments to the controversial investment protection clause in the Canada-EU trade deal, says International Trade Minister Chrystia Freeland. Freeland provided an update on the C.... More »
Making sense of the markets this week: February 18, 2024 Feb 16th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Shopify struggles
Canada’s second-largest company (or third, depending on the day) had a relatively strong earnings da.... More »
Why utility stocks are so hot right now May 27th
Utility stocks have always been seen as plodders of the investment world. but lately they’ve been on a tear, writes Gordon Pape..... More »
Aquaponic chronic: Canadian company producing marijuana fertilized by fish + MORE Feb 4th
The unlikely combination of freshwater fish and cannabis is producing outsized medical marijuana crops that Green Relief Inc. aims to capitalize on, as the Canadian company plots a stock market listing and global expansion..... More »
How does a U.S.-dollar TFSA work? May 21st
Ask MoneySense
I just set up an American dollar TFSA to complement my existing TFSA. I do not know how the contribution gets calculated, and the goal is to not overcontribute with the sum of these.
—Michelle
An investor can open more than one tax-free savings account (TFSA). There are no r.... More »
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Brookfield divests forest assets in two deals worth $3.68-billion
– theglobeandmail.com
Transactions with Weyerhaeuser and KapStone come amid rising investor interest in forestry companies in North America
AFPCzech Prime Minister Necas to Quit Tomorrow Amid Spy Scandal (1)BusinessweekCzech Prime Minister Petr Necas will resign tomorrow because of a scandal over spying and bribery. That leaves his allies scrambling to assemble a parliamentary majority to continue in government and avert a snap election. Necas, who also quit as head of …Czech prime minister announces he will resign after top aid is charged with briberyThe ProvinceCzech PM to step down over graft scandalThe Australian Financial ReviewCzech government risks collapse amid graft scandalAFPBBC News -Reuters -Bloombergall 192 news articles »
2013 Financial Predictions Update
– myownadvisor.ca
Earlier this year I wrote about 10 things I thought we would see in 2013. As we approach the halfway mark this year, I thought I’d reflect on how close my calls were.
1. The S&P/TSX Composite Index will finish the year at 13,100.
As of June 16, 2013 the S&P/TSX sits at 12,187.
2. The Dow Jones will finish the year at 13,900.
So far the Dow has blown this mark out of the water, now at 15,070.
3. With renewed focus on Asia markets, RIM is the comeback business story of the year and makes the cover of Canadian Business Magazine at some point to prove it.
RIM has had a nice comeback in 2013 but I have yet to see them on the cover of CB magazine unless I forgot about that.
4. Crude Oil will finish the year at around $98 per barrel.
At the time of this post light crude oil is hovering right around that mark.
5. The Canadian Dollar will finish the year at $0.97 against the U.S. Dollar.
Recently, our dollar closed just a bit higher.
6. Speaking of cents, nobody misses the Canadian penny…
1. The S&P/TSX Composite Index will finish the year at 13,100.
As of June 16, 2013 the S&P/TSX sits at 12,187.
2. The Dow Jones will finish the year at 13,900.
So far the Dow has blown this mark out of the water, now at 15,070.
3. With renewed focus on Asia markets, RIM is the comeback business story of the year and makes the cover of Canadian Business Magazine at some point to prove it.
RIM has had a nice comeback in 2013 but I have yet to see them on the cover of CB magazine unless I forgot about that.
4. Crude Oil will finish the year at around $98 per barrel.
At the time of this post light crude oil is hovering right around that mark.
5. The Canadian Dollar will finish the year at $0.97 against the U.S. Dollar.
Recently, our dollar closed just a bit higher.
6. Speaking of cents, nobody misses the Canadian penny…
