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
The new Canadian Mortgage Charter explained - CBC News + MORE Nov 23rd
The new Canadian Mortgage Charter explained CBC NewsWhen people are worried about job security they don't buy a new house: mortgage broker BNN BloombergCanada has a new measure to help homeowners pay their mortgages. Here’s what you need to know NOW TorontoNot all .... More »
You opened an RESP—now what? Nov 23rd
As many Canadian parents and grandparents know, a registered education savings plan (RESP) is a powerful savings tool. Although you can create a college or university fund for your child in other ways, such as a bank account or a tax-free savings account (TFSA), they don’t offer the same valuable .... More »
How real estate is taxed during a separation or divorce + MORE May 15th
Ask MoneySense
What happens if a married couple separates, and they own a family house and a cottage. The separation is amicable and the couple would like to split the assets, with the family house going to the wife and cottage going to the husband. Would that trigger any taxes?
—Peter
Sepa.... More »
What stocks to buy as rates rise + MORE Mar 27th
Think of investment sectors as neighbourhoods. If you own the best house in the worst neighbourhood, the market will assign a discount on your home’s value. Own the worst house in the best neighbourhood and you’ll enjoy a premium valuation. That’s how Barometer Capital describes its approach .... More »
Trade spat hits the grocery aisle and EpiPens in short supply: CBC's Marketplace consumer cheat sheet Aug 5th
CBC's Marketplace rounds up the consumer and health news you need from the week, including changing prices at the supermarket due to the tariff dispute with the U.S., flights booked with stolen loyalty points and Canada's only supplier of EpiPens running out of stock..... More »
Drivers, shippers, airlines enjoy plunge in oil prices, but there are downsides for US economy
– canadianbusiness.com
NEW YORK, N.Y. – If you’re a driver, a shipper or an airline, low oil prices sure feel nice. But there are downsides to the recent plunge in oil prices — for the oil industry and for the economy.
Low fuel prices can help boost economic growth by reducing fuel bills and leaving consumers and companies with more money to spend on other things. Problem is, two factors behind the oil-price drop — a weaker global economy and a stronger dollar — could hurt the U.S. economy by reducing exports, employment and spending. And all that, in turn, could outweigh the economic benefit of cheaper fuel.
“Initially, (a lower oil price) will provide a boost to an economy that already has some momentum,” says Diane Swonk, chief economist at Mesirow Financial. “It’s like a tax cut. The problem is that it will come back to haunt us in 2015.”
A boom in U.S. oil production, which has helped reduce dependence on foreign oil, has been propelled by high prices. Drilling in some areas of North Dakota and Texas, for example, produces only a slight output per day…
Low fuel prices can help boost economic growth by reducing fuel bills and leaving consumers and companies with more money to spend on other things. Problem is, two factors behind the oil-price drop — a weaker global economy and a stronger dollar — could hurt the U.S. economy by reducing exports, employment and spending. And all that, in turn, could outweigh the economic benefit of cheaper fuel.
“Initially, (a lower oil price) will provide a boost to an economy that already has some momentum,” says Diane Swonk, chief economist at Mesirow Financial. “It’s like a tax cut. The problem is that it will come back to haunt us in 2015.”
A boom in U.S. oil production, which has helped reduce dependence on foreign oil, has been propelled by high prices. Drilling in some areas of North Dakota and Texas, for example, produces only a slight output per day…
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Angry crowd tries to charge Hong Kong protest barricades
– macleans.ca
HONG KONG – An angry crowd of people opposed to pro-democracy protests that have paralyzed parts of Hong Kong for more than two weeks tried Monday to charge barricades used by the demonstrators, clashing with police as they attempted to storm the protest zone.
Dozens of police officers held back several hundred people gathered in front of barricades on a main road, as the crowd chanted
“Open the road!”
Some in the crowd tried to remove the metal barricades that protesters, most of them university students, have set up to block off main roads near the heart of the city’s financial district. They also shouted “Occupy Central is illegal,” referring to one of the names of the pro-democracy movement that has swept Hong Kong.
Taxi drivers joined in, some driving their cabs up to the barricades and leaning on their horns to express their anger about the traffic disruptions.
Officers urged the crowd to stay calm as they tried to keep them separated from the protesters on the other side…
Dozens of police officers held back several hundred people gathered in front of barricades on a main road, as the crowd chanted
“Open the road!”
Some in the crowd tried to remove the metal barricades that protesters, most of them university students, have set up to block off main roads near the heart of the city’s financial district. They also shouted “Occupy Central is illegal,” referring to one of the names of the pro-democracy movement that has swept Hong Kong.
Taxi drivers joined in, some driving their cabs up to the barricades and leaning on their horns to express their anger about the traffic disruptions.
Officers urged the crowd to stay calm as they tried to keep them separated from the protesters on the other side…
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
