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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Stocks mixed as Wall Street braces for Fed meeting: Stock market news today - Yahoo Finance Sep 18th
Stocks mixed as Wall Street braces for Fed meeting: Stock market news today Yahoo FinanceNot a good look for equities ahead of US trading ForexLive5 things to know before the stock market opens Monday CNBCStock market today: Wall Street drifts ahead of Fed meeting as.... More »
Does Your Boss Make You Feel Valued? Employee Recognition Programs Can Fix That Apr 26th
From 2010 to 2019, Colliers—a commercial real estate company that employs 2,500 employees in Canada alone—held its annual Colliers Service Excellence Awards.
A panel of judges rewarded select employees for their outstanding work across the marketing, research, IT, HR, finance and accounting .... More »
China's President Xi pledges another $60 billion for Africa - CNN Sep 3rd
CNNChina's President Xi pledges another $60 billion for AfricaCNN(CNN) Chinese President Xi Jinping has announced a $60 billion package of aid, investment and loans to Africa, against a backdrop of growing concern about rising debt distress from Chinese loans to the continent. The announcement .... More »
Can I afford that mortgage? Here’s how much you can safely borrow to buy your first house + MORE Apr 25th
Talk to a mortgage broker and do a personal budget assessment before you start house hunting, expert says..... More »
Toronto Stock Exchange launches world's first Bitcoin ETF - CBC News: The National Feb 20th
Toronto Stock Exchange launches world's first Bitcoin ETF CBC News: The NationalNorth America's second bitcoin ETF launches in Canada today Yahoo Canada FinanceThe 1st Bitcoin ETF Launches: Should You Buy Today? The Motley Fool Canada17:00 ET Purpose Investments Virt.... More »
Just stop chasing rallies, the little bank stock that could, and why stock analyst ranks are dwindling
– theglobeandmail.com
A roundup of investment ideas for active investors
When a spouse is left out of the will
– moneysense.ca
Q: My mother-in-law remarried 15 years ago. Her first husband died and she has no income or investments. Her current husband is 87-years-old and reports that he is leaving all his assets to his two adult children. My mother-in-law will have the use of the house only but no income as he states that her family can look after her. His two children are the executors of his will. Is this legal that she gets nothing except use of the house? And can she rent the house out and use the proceeds for her expenses for as long as she lives?
—Pete
A: Peter, your question is about your mother-in-law, her second husband and his estate plan. He intends to leave his estate and house to his adult children. After he passes, your mother-in-law can live in his house. However, you state she has no income. She is expected to rely on her family to support her. In this case, her husband has not adequately provided for his spouse and his failure may force her to take legal action against his estate, meaning she would have to sue his executor sons…
Auto parts giant Magna raises concerns about protectionist trade measures
– canadianbusiness.com
Canadian auto parts giant Magna International Inc. cited the rise of protectionist trade measures in the Trump era as a key risk to the auto industry as it reported its latest quarterly results.
Chief executive Don Walker said Friday any border adjustment tax imposed by the United States would be negative for the industry, but noted it’s still too early to tell what’s going to happen.
“The industry as a whole is trying to get all the facts to the right people so at least they understand what the impact might be,” he said during a conference call with financial analysts.
“I think it will be quite a while before we really understand what the changes might be, what the impact would be, and nothing happens overnight. But we are very closely watching and having involvement in any discussions.”
Magna (TSX:MG), based in Aurora, Ont., has operations in 29 countries including the U.S. and Mexico.
In identifying some of its more significant risks in its quarterly financial report, the global supplier said the auto industry is dependent on open borders, particularly in Europe and North America…
Chief executive Don Walker said Friday any border adjustment tax imposed by the United States would be negative for the industry, but noted it’s still too early to tell what’s going to happen.
“The industry as a whole is trying to get all the facts to the right people so at least they understand what the impact might be,” he said during a conference call with financial analysts.
“I think it will be quite a while before we really understand what the changes might be, what the impact would be, and nothing happens overnight. But we are very closely watching and having involvement in any discussions.”
Magna (TSX:MG), based in Aurora, Ont., has operations in 29 countries including the U.S. and Mexico.
In identifying some of its more significant risks in its quarterly financial report, the global supplier said the auto industry is dependent on open borders, particularly in Europe and North America…
Doubts grow over stock market’s Trump inspired surge
– canadianbusiness.com
How much more can the “Trump Bump” lift the stock market?
U.S. stocks have screamed to records since Election Day because investors are expecting Donald Trump’s White House to cut taxes for business, make regulations easier for them and goose more growth out of the economy. But investors around the world are questioning whether the rally is exhausting itself.
The big jump for stocks has come at a time when some investors had already seen markets as overpriced. Plus, skeptics see cause for caution with a president who prides himself on unpredictability. That has some favouring bonds or stocks from other countries over the U.S. stock market.
“When we had the election, there was initially shock,” said Darrell Riley, a vice-president at T. Rowe Price who helps set the strategy for how $240 billion in target-date retirement and other mutual funds are invested. “Investors were really shocked, and then we went into this period of euphoria, and now we’re in a state of confusion…
U.S. stocks have screamed to records since Election Day because investors are expecting Donald Trump’s White House to cut taxes for business, make regulations easier for them and goose more growth out of the economy. But investors around the world are questioning whether the rally is exhausting itself.
The big jump for stocks has come at a time when some investors had already seen markets as overpriced. Plus, skeptics see cause for caution with a president who prides himself on unpredictability. That has some favouring bonds or stocks from other countries over the U.S. stock market.
“When we had the election, there was initially shock,” said Darrell Riley, a vice-president at T. Rowe Price who helps set the strategy for how $240 billion in target-date retirement and other mutual funds are invested. “Investors were really shocked, and then we went into this period of euphoria, and now we’re in a state of confusion…
Does divorce after a long separation make sense?
– moneysense.ca
Q: I have been legally separated since 1999. The children are aged 27, 31, 33 so no custody or child support issues. All common assets were divided in 1999. We have lived completely separate lives with no money exchanging since child support ended. What is the simplest way to file for divorce? I have no marriage plans but I just want this finished.
— Lynne in Ontario
A: As the saying goes, be careful what you wish for. I have had many clients enter my office and say, “I am so excited. I just quickly filed for divorce and it came through on my birthday.” Unfortunately, the questions they were too much in a rush to ask prior to filing the paperwork for divorce may have caused them negative financial consequences in Ontario.
In Ontario, there are no legal grounds required to file for a divorce. And a divorce can be granted one year from the declared date of separation.
Still, there are a few things that you should understand from a financial point of view, prior to filing for a divorce…
