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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B.C. voters head to the polls
– macleans.ca
(Taehoon Kim; Chad Hipolito/CP; Chad Hipolito/CP)VANCOUVER – Voters in British Columbia head to the polls today at the end of a sometimes bruising 28-day campaign fought on jobs, the economy and the influence of big donors in provincial politics.
The B.C. Liberal party has been in power for 16 years and is attempting to build on four straight majority governments by running on the party’s record of economic growth and financial stability.
The NDP has tried to make Christy Clark’s leadership as premier the central issue of the campaign, with party leader John Horgan accusing her of being out of touch with average people over issues like the cost of housing and inadequate education funding.
RELATED: Will money and arrogance cost Christy Clark the BC election?
Green Leader Andrew Weaver’s pitch features a disavowal of politics as usual, telling voters his party is the only one offering something that’s different on climate change and preparing the province for a new economy spurred by technological change…
George Weston hikes dividend as improvements at Loblaw boost profit
– theglobeandmail.com
Company posts a 189-per-cent increase to its first-quarter profit
Bond Basics 3: Should You Wait for Higher Yields?
– CanadianCouchPotato.com
In my last podcast, I set out to answer a series of common questions about bonds. Here’s one I’ve been hearing on and off since 2009: “With yields so low now, is it even worth it to invest in bonds? Wouldn’t I be better off waiting until interest rates go up?”
It’s true that interest rates are near historical lows: as of early May, 10-year Government of Canada bonds are yielding just over 1.5%, and a broad-based bond index fund like the ones I recommend in my model portfolios yield a little less than 2%. It’s hard to get excited about that, especially when equity returns have been so strong in recent years.
It’s also hard to tune out the financial media, which is still populated by gurus who warn interest rates have “nowhere to go but up.” Since rising rates will cause the value of bonds to fall, why not just stay out of bonds until yields are higher?
The first thing to discuss is this idea that interest rates are highly likely to go up in the near future. I don’t think we can take people seriously anymore if they continue to beat this drum…
It’s true that interest rates are near historical lows: as of early May, 10-year Government of Canada bonds are yielding just over 1.5%, and a broad-based bond index fund like the ones I recommend in my model portfolios yield a little less than 2%. It’s hard to get excited about that, especially when equity returns have been so strong in recent years.
It’s also hard to tune out the financial media, which is still populated by gurus who warn interest rates have “nowhere to go but up.” Since rising rates will cause the value of bonds to fall, why not just stay out of bonds until yields are higher?
The first thing to discuss is this idea that interest rates are highly likely to go up in the near future. I don’t think we can take people seriously anymore if they continue to beat this drum…
