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
Aid airdrops to Syria’s besieged are called too dangerous + MORE Jan 22nd
As images and reports of starvation in besieged Syrian communities drew an international outcry and two rare aid convoys this month, an urgent question arose: Why not drop food and other needed supplies by air?
Humanitarian access is a key issue as the United Nations tries to get Syrian parties to p.... More »
Foreign buyer tax won’t fix Toronto housing crisis + MORE Mar 13th
TORONTO — A new report suggests a foreign buyer tax alone can’t solve Toronto’s soaring housing prices.
The report, titled “In High Demand” and released Monday by Ryerson University’s City Building Institute, favours a tax on foreign buyers — similar to the one in.... More »
Auto parts giant Magna earns US$558 million in Q2 + MORE Aug 5th
AURORA, Ont. – Magna International Inc. (TSX:MG) is reporting net income of US$558 million in the second quarter, a slight improvement for the Canadian auto parts giant compared with the same quarter a year ago.
The Aurora, Ont.-based company — which reports in U.S. currency — says diluted.... More »
Should I fire my advisor and invest by myself? + MORE Feb 11th
(Flickr)
Q. Bruce, I believe I am with a good and honest financial advisor. On her recommendation, I hold low-cost mutual funds, with an MER below 1%. My returns have averaged 6-8% annually over the past few years. But I am wondering if I should consider moving into a self-directed investment.... More »
iPhone 14 Pro display problems due to software - Geeky Gadgets + MORE Jan 16th
iPhone 14 Pro display problems due to software Geeky GadgetsApple confirms iPhone 14 Pro display bug, is working on a fix Android AuthorityLots of People are NOT happy with the iPhone 14 — we asked them why Laptop MagApple confirms some iPhone 14 Pro displays prone.... More »
EU moves to shore up borders, boost refugee co-operation with Turkey – Hamilton Spectator
– news.google.ca
Hamilton SpectatorEU moves to shore up borders, boost refugee co-operation with TurkeyHamilton SpectatorA young girl waits with her family to enter a migrant processing centre after arriving from Turkey onto the island of Lesbos on Thursday in Mytilene, Greece. Dozens of rafts and boats are still making the journey daily as thousands flee conflict in …Refugee crisis: EU leaders agree to boost protection of outer frontiersCTV NewsTurkey presents European Union with wish list to help it stem migrationFirstpostThe Latest: Clash With Refugees Reported on Bulgarian BorderNew York TimesBBC News -The Australian Financial Review -BDliveall 1,311 news articles »
September home sales down from August: CREA
– canoe.ca
Canadian home sales in September were down from August as some of the country’s hottest real estate markets saw sales cool, but prices continued to show strength.
Learn, save, invest and prosper by subscribing to My Own Advisor.Hi again friends and welcome to some Weekend Reading. This week I continued my series about living off dividends and distributions, you can read about The Dividend Guy’s plan here and Dividend Earner’s plan over here.
How about them #Jays eh? Wow. Whatta Game #5. They’ll be in tough against KC for the ALCS but I’m clearly on the bandwagon. Another #REDBLACKS game for me this weekend – can’t wait.
Enjoy these weekend reads and see you here again next week when I’ll wrap up my series about living off dividends. Happy investing.
Dividend Earner highlighted some Canadian dividend aristocrats.
Boomer & Echo told us how first time home buyers are entering the market.
From the archives, I write about saving and investing on this site but I remain this much in debt.
LinkedIn just recently provided employees with unlimited vacation time, sort of. Pretty cool concept.
How To Save Money provided a detailed guide to score cheap hotel deals using Priceline…
Yum names activist to board, lowers profit outlook as stores in China struggle
– canadianbusiness.com
NEW YORK, N.Y. – Yum Brands said it named activist investor Keith Meister to its board and lowered its full-year profit outlook, citing ongoing difficulties in its China division.
The parent company of KFC, Pizza Hut and Taco Bell also said Thursday it was close to completing a review of its strategic options, including potential changes to its corporate structure. The announcement came after Yum Brands reported disappointing quarterly results last week, citing a slower-than-expected recovery for its China business, which have seen sales plunge after two separate scares related to the quality of its food.
Meister is the founder and managing partner of Corvex Management, one of Yum’s largest shareholders with nearly 5 per cent of the company’s common stock. His appointment expands the board to 14 members and is effective Friday. Meister previously worked with another well known activist investor, Carl Icahn.
Meister said in a statement that his fund has had a “constructive dialogue” with the board and management over the past several months…
The parent company of KFC, Pizza Hut and Taco Bell also said Thursday it was close to completing a review of its strategic options, including potential changes to its corporate structure. The announcement came after Yum Brands reported disappointing quarterly results last week, citing a slower-than-expected recovery for its China business, which have seen sales plunge after two separate scares related to the quality of its food.
Meister is the founder and managing partner of Corvex Management, one of Yum’s largest shareholders with nearly 5 per cent of the company’s common stock. His appointment expands the board to 14 members and is effective Friday. Meister previously worked with another well known activist investor, Carl Icahn.
Meister said in a statement that his fund has had a “constructive dialogue” with the board and management over the past several months…
A world of economic hurt awaits Canada’s next government
– macleans.ca
LIMA, PERU: Demonstrators stage a protest against the Annual Meetings of World Bank and IMF (Sebastian Castaneda /Anadolu Agency/Getty Images)The skies over Lima are often grey. Last week was no exception, making it the perfect setting for the annual jamboree of economics and finance that accompanies the annual meetings of the International Monetary Fund and World Bank, the institutions created after the Second World War to provide balance to the global economy. Hundreds of finance ministers, central bankers, financiers and economists clogged the Peruvian capital’s already thick streets, as police escorts guided their shuttles and sedans to public talks and private meetings. They were a gloomy bunch. “The world is not in crisis, but there’s a great sense of unease,” said Tharman Shanmugaratnam, Singapore’s deputy prime minister.
Harvard University economist Lawrence Summers set the tone, using a newspaper commentary to label the current situation the most dangerous since the investment bank Lehman Brothers collapsed in 2008 and sparked a global financial crisis…
