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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Business Highlights + MORE Dec 31st
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How to spend $5 trillion: A record-breaking year in deals
NEW YORK (AP) — Companies around the world spent a record $5.04 trillion on acquisitions in 2015, according to Dealogic, as slow worldwide economic growth and low interest rates pushed companies to combine forces.
Dealogic, a financial .... More »
Prince Harry to speak at a Toronto real estate conference next month Nov 20th
The Duke of Sussex is slated to appear for an 'exclusive conversation' at the Ontario Real Estate Association's Power House Conference on Dec. 1..... More »
Is Gold Still a Substance Worth Investing In? May 15th
From gold stocks and ETFs to buying actual gold, you’ve got options when it comes to investing in this most regal of metals. But, what is gold’s purpose, and why should an investor even get into the market? As an asset, gold’s intrinsic qualities make it a necessary part of an investment portf.... More »
Make these personal financial issues election issues in 2015 + MORE Sep 20th
Learn, save, invest and prosper by subscribing to My Own Advisor.
Time to get political on My Own Advisor. Who doesn’t like a little bit of controversy? This is hopefully a healthy debate, so let’s get into it. Our federal election is coming up and I think it’s time to make the.... More »
China’s economic growth dips to 6-year low but consumer spending helps avert deeper downturn + MORE Oct 19th
BEIJING, China – China’s economy decelerated in the latest quarter but stronger spending by consumers who are emerging as an important pillar of growth helped to avert a deeper downturn.
The world’s second-largest economy grew by 6.9 per cent in the three months ended in September,.... More »
Can you slow housing prices without raising interest rates?
Five rules to improve your financial health
– canoe.ca
The term “personal finance” refers to how you manage your money and how you plan for your future. All of your financial decisions and activities have an effect on your financial health now and in the future.
Swiss government clears some banks to co-operate with US in tax evasion deal
– canadianbusiness.com
GENEVA – The Swiss government says it has cleared the first batch of banks to co-operate with U.S. authorities under a deal to stem tax evasion.
The Cabinet gave its approval at a meeting Friday but said in a statement that it won’t give information on the number of banks involved or name them.
The agreement allows Swiss banks to settle any potential U.S. charges if they disclose information related to American assets. Some would also have to pay a penalty. Banks wanting to participate have to seek individual permission to do so from the government.
Switzerland has been trying to shed its image as a haven for tax evasion and money laundering carried out through misuse of its famous banking secrecy.
The post Swiss government clears some banks to co-operate with US in tax evasion deal appeared first on Canadian Business.
The Cabinet gave its approval at a meeting Friday but said in a statement that it won’t give information on the number of banks involved or name them.
The agreement allows Swiss banks to settle any potential U.S. charges if they disclose information related to American assets. Some would also have to pay a penalty. Banks wanting to participate have to seek individual permission to do so from the government.
Switzerland has been trying to shed its image as a haven for tax evasion and money laundering carried out through misuse of its famous banking secrecy.
The post Swiss government clears some banks to co-operate with US in tax evasion deal appeared first on Canadian Business.
Wal-Mart, Archer Daniels Midland and Apple are big market movers on Friday after Thanksgiving
– canadianbusiness.com
NEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Wal-Mart Stores Inc., up 8 cents to $81.01
Before Black Friday even began, the world’s biggest retailer logged more than 10 million register transactions in four hours.
Archer Daniels Midland Co., down $1.24 to $40.25
Australia rejected the conglomerate’s bid to acquire GrainCorp, saying the sale would be contrary to national interests.
Pioneer Natural Resources Co., down $1.16 to $177.75
The exploration and production company is reporting that severe winter weather “severely impacted” production in Texas.
Southwest Airlines Co., down 36 cents to $18.59
As U.S. oil production soars, there are murmurs about a production cut from OPEC, which could lead to higher costs for airlines.
Rio Tinto, up $2.11 to $53.05
The miner will halt production of alumina at its unprofitable Gove refinery in Australia’s Northern Territory as prices sag…
NYSE
Wal-Mart Stores Inc., up 8 cents to $81.01
Before Black Friday even began, the world’s biggest retailer logged more than 10 million register transactions in four hours.
Archer Daniels Midland Co., down $1.24 to $40.25
Australia rejected the conglomerate’s bid to acquire GrainCorp, saying the sale would be contrary to national interests.
Pioneer Natural Resources Co., down $1.16 to $177.75
The exploration and production company is reporting that severe winter weather “severely impacted” production in Texas.
Southwest Airlines Co., down 36 cents to $18.59
As U.S. oil production soars, there are murmurs about a production cut from OPEC, which could lead to higher costs for airlines.
Rio Tinto, up $2.11 to $53.05
The miner will halt production of alumina at its unprofitable Gove refinery in Australia’s Northern Territory as prices sag…
