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
Earning income with ETFs + MORE Sep 29th
Conventional wisdom would have you believe that an investment portfolio is 60% equities and 40% bonds—at least as a starting point. Well, that thinking is changing.
For starters: Bonds used to be considered solid and safe. And while professional portfolio managers still see them as a way to offset.... More »
Toronto real estate soars to new heights + MORE Jun 4th
TORONTO – The Toronto area’s real estate market set a record last month, with nearly 13,000 homes sold, despite sky-high prices and new federal mortgage rules targeted at Canada’s most expensive housing markets.
The Toronto Real Estate Board said Friday the number of sales last month was up 10.... More »
Anxiety over Trump’s trade war with China causes stocks to plunge on Wall Street - Global News + MORE Aug 6th
Anxiety over Trump’s trade war with China causes stocks to plunge on Wall Street Global NewsChina’s yuan tumbles further to U.S. dollar as trade war fears escalate The Globe and MailNew York stock indexes hammered as China allows yuan to devalue CBC NewsTrump’s.... More »
Business Highlights + MORE Feb 16th
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The Big Uh-Oh: Global economy shaky and cavalry may not come
WASHINGTON (AP) — Eight years after the financial crisis, the world is coming to grips with an unpleasant realization: serious weaknesses still plague the global economy, and emergency help may not be on the way.
Sinking stock prices.... More »
Hanjin cargo ship stranded off California finally unloads Sep 11th
LONG BEACH, Calif. – A Hanjin container ship that was stranded off the California coast for more than a week began unloading Saturday after a judge protected the global shipping giant from having its assets seized in the U.S. as it struggles to avoid bankruptcy.
The 1,145-foot-long Hanjin Gree.... More »
A Calgary-based real estate trust would control one the largest collections of rental apartments in Canada after a proposed three-way deal involving nearly 25,000 residential suites in eight provinces and two territories.
Business Highlights
– canadianbusiness.com
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Google to be part of new holding company, ‘Alphabet’
SAN FRANCISCO (AP) — Google, which has been expanding far beyond its original business of Internet search advertising, is changing its operating structure by creating a new holding company called Alphabet.
The company says its new structure will give more independence to many of its wide-ranging and ambitious projects.
Under the plan announced Monday, Alphabet will be comprised of the core Google business — including Internet search, mapping and YouTube — along with newer businesses that will be managed separately, such as Google Fiber, Nest and the investment arm Google Ventures.
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AP EXCLUSIVE: US air controller study shows chronic fatigue
WASHINGTON (AP) — Air traffic controllers’ work schedules often lead to chronic fatigue, making them less alert and endangering the safety of the country’s air traffic system, according to a study the U.S. government has kept secret for nearly four years.
Federal Aviation Administration officials have declined to furnish a copy of the report despite repeated requests and a Freedom of Information Act request by The Associated Press…
Google to be part of new holding company, ‘Alphabet’
SAN FRANCISCO (AP) — Google, which has been expanding far beyond its original business of Internet search advertising, is changing its operating structure by creating a new holding company called Alphabet.
The company says its new structure will give more independence to many of its wide-ranging and ambitious projects.
Under the plan announced Monday, Alphabet will be comprised of the core Google business — including Internet search, mapping and YouTube — along with newer businesses that will be managed separately, such as Google Fiber, Nest and the investment arm Google Ventures.
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AP EXCLUSIVE: US air controller study shows chronic fatigue
WASHINGTON (AP) — Air traffic controllers’ work schedules often lead to chronic fatigue, making them less alert and endangering the safety of the country’s air traffic system, according to a study the U.S. government has kept secret for nearly four years.
Federal Aviation Administration officials have declined to furnish a copy of the report despite repeated requests and a Freedom of Information Act request by The Associated Press…
Correction: Earns-Telus story
– canadianbusiness.com
In a story Aug. 7 about Telus Corp.’s earnings — generated by Automated Insights using data from Zacks Investment Research — The Associated Press reported erroneously where the company is based. Its headquarters are in Burnaby, British Columbia.
A corrected version of the story is below:
Telus tops Street 2Q forecasts
Telus beats 2Q earnings and revenue expectations
BURNABY, British Columbia (AP) — Telus Corp. (TU) on Friday reported second-quarter profit of $277.3 million.
The Burnaby, British Columbia-based company said it had net income of 46 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, came to 54 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.
The telecommunications company posted revenue of $2.52 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $2…
A corrected version of the story is below:
Telus tops Street 2Q forecasts
Telus beats 2Q earnings and revenue expectations
BURNABY, British Columbia (AP) — Telus Corp. (TU) on Friday reported second-quarter profit of $277.3 million.
The Burnaby, British Columbia-based company said it had net income of 46 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, came to 54 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.
The telecommunications company posted revenue of $2.52 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $2…
Northern Property REIT deal may be hard sell for unitholders
– theglobeandmail.com
Northern Property’s earnings per share will drop by double-digit percentage points if True North Apartment purchase goes through
Fisherman on TV’s ‘Wicked Tuna’ pleads not guilty to fraud; feds say he claimed to be disabled
– canadianbusiness.com
BURLINGTON, Vt. – A fisherman featured on the reality show “Wicked Tuna” pleaded not guilty Monday to federal fraud charges that he collected government benefits while claiming to be disabled.
The indictment handed down last month says Paul Hebert, 50, of Gloucester, Massachusetts, and Barre, Vermont, accepted more than $44,000 in Social Security and Medicaid benefits between 2010 and 2013.
Prosecutors say while Hebert was seen manning big fishing rods and harpooning huge fish on the National Geographic Channel reality show, he was at the same time claiming he was unable to work, with no income, no vehicle and no assets. They say during that period he was actually living with a woman and his child, owned a vehicle, and, at one point, a home.
If convicted Hebert faces up to five years in prison and a fine of up to $250,000 on each of four counts in the indictment.
Hebert’s attorney did not return a call seeking comment. National Geographic did not return an email seeking comment…
The indictment handed down last month says Paul Hebert, 50, of Gloucester, Massachusetts, and Barre, Vermont, accepted more than $44,000 in Social Security and Medicaid benefits between 2010 and 2013.
Prosecutors say while Hebert was seen manning big fishing rods and harpooning huge fish on the National Geographic Channel reality show, he was at the same time claiming he was unable to work, with no income, no vehicle and no assets. They say during that period he was actually living with a woman and his child, owned a vehicle, and, at one point, a home.
If convicted Hebert faces up to five years in prison and a fine of up to $250,000 on each of four counts in the indictment.
Hebert’s attorney did not return a call seeking comment. National Geographic did not return an email seeking comment…
