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
Huawei's Meng Wanzhou appears in Vancouver court for bail adjustment hearing Jan 29th
A day after the U.S. Department of Justice announced a formal request for her extradition, the chief financial officer of telecommunications giant Huawei appeared in B.C. Supreme Court for a bail adjustment hearing..... More »
Nicholas Hui, P.Eng, Certified Financial Planner + MORE Mar 21st
Who is Nicholas Hui?
Nicholas Hui was an automotive engineer for 20 years before becoming a Certified Financial Planner. He brings the same systematic approach from his engineering background to his practise now as an advice-only planner. Nicholas specializes in helping young families and profess.... More »
Ground rules for adult children returning home + MORE Feb 2nd
TORONTO — Certified financial planner Rona Birenbaum says it’s becoming common for her to walk clients through the emotionally fraught terrain of providing financial support to adult children returning home.
The Toronto-based founder of Caring for Clients attributes the growing phenomenon t.... More »
Money Matters: How do we close the gender wealth gap? + MORE Jul 27th
In our 12-part video series, Money Matters, we interviewed the top voices in Canadian personal finance about money issues that affect all Canadians. For our second video of the series, we asked: How do we close the gender wealth gap? Listen to what some of our partners have to say.
Watch: Money Ma.... More »
3 Types of Cognitive Biases that Can Lead to Huge Investment Mistakes + MORE Feb 24th
When it comes to investing, we’re all aware that what we don’t know can hurt us. That’s why we spend time doing research on stocks, ETFs, companies that are poised for strong long-term future growth such as those in the biotech field, green tech, unified communications solutions — and the li.... More »
Children bring extra costs that must be considered when scouring the red-hot real estate market.Investors join call for North Carolina to repeal LGBT law
– canadianbusiness.com
RALEIGH, N.C. – Some 60 investors representing $2.1 trillion in managed assets joined the NCAA, entertainers and more than 200 businesses in calling for North Carolina to repeal its law limiting LGBT protections against discrimination.
“While the U.S. economy continues to grow, quite frankly North Carolina appears to be headed for what I would call a state-government-inflicted recession,” said Matt Patsky, chief executive officer of Trillium Asset Management. Trillium has more than $2 billion in assets under management.
Patsky spoke Monday at a news conference alongside some of the investors who signed a statement calling for repeal of the law known as HB2. Trillium was one of the organizers of the statement, along with environmental research group Croatan Institute and the New York City comptroller, Scott Stringer. Stringer was unable to attend because of a New York ban on travel to North Carolina, Patsky said.
“As long-term investors, we can’t sit idly by as HB2 undermines fundamental human rights at our expense,” Stringer said in the statement…
“While the U.S. economy continues to grow, quite frankly North Carolina appears to be headed for what I would call a state-government-inflicted recession,” said Matt Patsky, chief executive officer of Trillium Asset Management. Trillium has more than $2 billion in assets under management.
Patsky spoke Monday at a news conference alongside some of the investors who signed a statement calling for repeal of the law known as HB2. Trillium was one of the organizers of the statement, along with environmental research group Croatan Institute and the New York City comptroller, Scott Stringer. Stringer was unable to attend because of a New York ban on travel to North Carolina, Patsky said.
“As long-term investors, we can’t sit idly by as HB2 undermines fundamental human rights at our expense,” Stringer said in the statement…
Five TSX stocks with a rising profit outlook despite slow-growth economy
– theglobeandmail.com
There are five stocks that are defying the trend of slowing economic growth where analysts are raising profit forecasts
John Duchow and Marla Clarke say they dreamed of buying a home in Vancouver. But when prices kept outpacing their savings, the pair became “real estate refugees,” forced out by an ever-climbing market.
How the Dow Jones industrial average fared on Monday
– canadianbusiness.com
NEW YORK, N.Y. – U.S. stocks slumped Monday, and banks took the biggest losses. Deutsche Bank hit an all-time low as investors worried about the financial health of Germany’s largest bank. Pfizer pulled drugmakers down after it announced it won’t break up into two companies.
On Monday:
The Dow Jones industrial average sank 166.62 points, or 0.9 per cent, to 18,094.83.
The Standard & Poor’s 500 index slid 18.59 points, or 0.9 per cent, to 2,146.10.
The Nasdaq composite gave up 48.26 points, or 0.9 per cent, to 5,257.49.
For the year:
The Dow is up 669.80 points, or 3.8 per cent.
The S&P 500 is up 102.16 points, or 5 per cent.
The Nasdaq is up 250.08 points, or 5 per cent.
_____
This story has been corrected to show that the Nasdaq declined 0.9 per cent Monday, not 0.8 per cent.
The post How the Dow Jones industrial average fared on Monday appeared first on Canadian Business – Your Source For Business News.
On Monday:
The Dow Jones industrial average sank 166.62 points, or 0.9 per cent, to 18,094.83.
The Standard & Poor’s 500 index slid 18.59 points, or 0.9 per cent, to 2,146.10.
The Nasdaq composite gave up 48.26 points, or 0.9 per cent, to 5,257.49.
For the year:
The Dow is up 669.80 points, or 3.8 per cent.
The S&P 500 is up 102.16 points, or 5 per cent.
The Nasdaq is up 250.08 points, or 5 per cent.
_____
This story has been corrected to show that the Nasdaq declined 0.9 per cent Monday, not 0.8 per cent.
The post How the Dow Jones industrial average fared on Monday appeared first on Canadian Business – Your Source For Business News.
