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
Metro Vancouver home sales fall to lowest total since 2000 Jan 3rd
The sales total for 2018 was a quarter below the region’s 10-year sales average, according to the Real Estate Board of Greater Vancouver..... More »
Morgan Stanley slashes worst-case price for Tesla to just US$10 - BNNBloomberg.ca + MORE May 21st
Morgan Stanley slashes worst-case price for Tesla to just US$10 BNNBloomberg.caMorgan Stanley explains how Tesla could become a $10 stock Yahoo Canada FinanceTesla shares could drop to $10 in a worst-case scenario, Morgan Stanley says CNBCMorgan Stanley Slashes Worst.... More »
U.S. stocks approach their all-time high as oil prices tumble - BNN Bloomberg + MORE Jun 24th
U.S. stocks approach their all-time high as oil prices tumble BNN BloombergTrading Day: Truce triggers world equity whoosh ReutersFragile Iran-Israel ceasefire calms oil markets Al JazeeraHow major US stock indexes fared Tuesday, 6/24/2025 The Globe and Ma.... More »
Nasdaq futures rise to start the week as Tesla shares jump: Live updates - CNBC Nov 18th
Nasdaq futures rise to start the week as Tesla shares jump: Live updates CNBCFutures mixed after previous week's slide as focus shifts back to earnings Yahoo Canada FinanceWhat To Expect in the Markets This Week InvestopediaNvidia results will rock markets .... More »
Making sense of the markets this week: September 27, 2021 + MORE Sep 25th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
What was behind this week’s “mini-crash”
The big story of the week fizzled out. Investors had been taking a breather over the last month or so, with markets .... More »
First Chinese “bad bank” goes public in hot IPO as investors bet on slowdown in No. 2 economy
– canadianbusiness.com
HONG KONG – A Chinese bad-debt management company’s shares soared in their Hong Kong debut Thursday, highlighting strong investor appetite for a business that will flourish if the world’s No. 2 economy stumbles.
China Cinda Asset Management’s shares jumped 27 per cent to 4.56 Hong Kong dollars ($0.59) after trading started.
The state-owned company is China’s first ever distressed asset management company to go public.
It’s a so-called “bad bank,” one of four big entities originally tasked with moving nonperforming loans off the books of China’s state-owned banks.
Cinda raised HK$18.5 billion ($2.4 billion) from its stock offering, making it the biggest initial public offering in Hong Kong this year.
There was exceptionally high interest from local retail investors, whose demand for the shares was 160 times the number available, and big institutional investors, whose portion of the global offering was “significantly oversubscribed,” according to a filing with Hong Kong’s stock exchange this week…
China Cinda Asset Management’s shares jumped 27 per cent to 4.56 Hong Kong dollars ($0.59) after trading started.
The state-owned company is China’s first ever distressed asset management company to go public.
It’s a so-called “bad bank,” one of four big entities originally tasked with moving nonperforming loans off the books of China’s state-owned banks.
Cinda raised HK$18.5 billion ($2.4 billion) from its stock offering, making it the biggest initial public offering in Hong Kong this year.
There was exceptionally high interest from local retail investors, whose demand for the shares was 160 times the number available, and big institutional investors, whose portion of the global offering was “significantly oversubscribed,” according to a filing with Hong Kong’s stock exchange this week…
Facebook, shares of which have risen 86 per cent this year, will join the Standard & Poor’s 500 stock index.
TD Bank Takes Top Spot for Total Assets
– blogs.wsj.com
Royal Bank of Canada is no longer Canada’s largest bank by total assets. Rival Toronto-Dominion Bank has claimed that spot.
Audit finds Google executives improperly saved millions on jet fuel
– canadianbusiness.com
SAN FRANCISCO – An aircraft fleet owned by Google’s founders and former CEO received improper discounts on jet fuel that saved the three billionaires up to $5.3 million dating back to depths of the Great Recession in 2009, according to a government report released Wednesday.
The findings by NASA’s inspector general surfaced during a review of a government airfield lease for seven planes and two helicopters controlled by Google’s founders, Larry Page and Sergey Brin, and the Internet search company’s former CEO, Eric Schmidt.
The aircraft are managed through a company called H211 set up by the three men through the tremendous wealth that they have accumulated as Google Inc.’s stock price has soared from $85 in 2004 to nearly $1,100. Page, who is Google’s current CEO, and Brin, who heads the company’s special projects division, are each worth about $25 billion, according to Forbes magazine. Schmidt, who became executive chairman after stepping down as CEO in 2011, is worth about $8 billion…
The findings by NASA’s inspector general surfaced during a review of a government airfield lease for seven planes and two helicopters controlled by Google’s founders, Larry Page and Sergey Brin, and the Internet search company’s former CEO, Eric Schmidt.
The aircraft are managed through a company called H211 set up by the three men through the tremendous wealth that they have accumulated as Google Inc.’s stock price has soared from $85 in 2004 to nearly $1,100. Page, who is Google’s current CEO, and Brin, who heads the company’s special projects division, are each worth about $25 billion, according to Forbes magazine. Schmidt, who became executive chairman after stepping down as CEO in 2011, is worth about $8 billion…
CEO John Livingston stepping down from top jobs at Absolute Software
– canadianbusiness.com
VANCOUVER – Absolute Software Corp. (TSX:ABT) says John Livingston has tendered his resignation as chief executive as well as a member of the software security company’s board.
“It has been a privilege to lead Absolute from a small Vancouver operation to the global enterprise software company that it has become today,” Livingston said in a company release announcing the change.
“As we enter our 20th year and Absolute moves to the next phase of growth, the time is right for a new perspective and new leadership.”
Absolute says chief financial officer Errol Olsen has been appointed interim CEO while the board conducts a search for a new chief executive.
“We are tremendously thankful for John’s contributions over the past 20 years that have seen Absolute evolve into a global leader in endpoint security and management,” said Daniel Ryan, a director since 2011 who replaces Livingston as chairman of the board.
The post CEO John Livingston stepping down from top jobs at Absolute Software appeared first on Canadian Business.
“It has been a privilege to lead Absolute from a small Vancouver operation to the global enterprise software company that it has become today,” Livingston said in a company release announcing the change.
“As we enter our 20th year and Absolute moves to the next phase of growth, the time is right for a new perspective and new leadership.”
Absolute says chief financial officer Errol Olsen has been appointed interim CEO while the board conducts a search for a new chief executive.
“We are tremendously thankful for John’s contributions over the past 20 years that have seen Absolute evolve into a global leader in endpoint security and management,” said Daniel Ryan, a director since 2011 who replaces Livingston as chairman of the board.
The post CEO John Livingston stepping down from top jobs at Absolute Software appeared first on Canadian Business.
