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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The return of The Wealthy Barber Nov 11th
The original version of The Wealthy Barber was released in 1989, and has since become one of the best-selling books of all-time in Canada with over 2 million copies sold. Its cultural impact rivals that of Canadian literary classics like Margaret Atwood’s The Handmaid’s Tale and L.M. Montgomeryâ.... More »
Why you didn’t even get a nibble of Beyond Meat’s sizzling IPO May 13th
To get first crack at an initial public offering, you need to be a wealthy investor working with a leading broker at one of the underwriting firms, writes Gordon Pape..... More »
North American markets plunge as Trump moves to impose China tariffs + MORE Mar 22nd
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The Toronto Stock Exchange’s S&P/TSX composite index closed down 275.35 points to 15,399.93 in broad-based declines le.... More »
Half of Canadians plan to make cutbacks this holiday season, says new PayPal Canada survey Nov 17th
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Apple's rumored iPhone satellite support may be for emergency calls and messages - Yahoo News Canada Aug 31st
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How Janet Yellen’s era at the Fed will be remembered
– theglobeandmail.com
Ms. Yellen’s achievements including guiding the Federal Reserve’s role in the U.S. economy’s recovery from a crushing financial crisis
Great West Life acquires EverWest in U.S. real estate push
– canadianbusiness.com
TORONTO _ Great-West Lifeco’s real estate arm has acquired the business of Colorado-based EverWest Real Estate Partners, marking its first move into the U.S.
The terms of the deal announced today were not disclosed.
The president of GWL Realty Advisors says the acquisition of EverWest provides the Canadian insurer’s wholly-owned subsidiary with a real estate platform south of the border and opens up investment opportunities for its clients.
Paul Finkbeiner adds that the purchase is an important step in the long-term growth strategy of GWL Realty Advisors, a Toronto-based real estate investment advisor which services pension funds and institutional clients.
Great-West Life is one of Canada’s largest insurance and wealth management companies and is part of the Power Corporation group of companies, one of Canada’s largest non-bank financial conglomerates.
EverWest, based in Denver, is a privately-held real estate investment and operating company which operates in several U…
The terms of the deal announced today were not disclosed.
The president of GWL Realty Advisors says the acquisition of EverWest provides the Canadian insurer’s wholly-owned subsidiary with a real estate platform south of the border and opens up investment opportunities for its clients.
Paul Finkbeiner adds that the purchase is an important step in the long-term growth strategy of GWL Realty Advisors, a Toronto-based real estate investment advisor which services pension funds and institutional clients.
Great-West Life is one of Canada’s largest insurance and wealth management companies and is part of the Power Corporation group of companies, one of Canada’s largest non-bank financial conglomerates.
EverWest, based in Denver, is a privately-held real estate investment and operating company which operates in several U…
Dow tumbles 666 points as stock market drops amid fears of rising interest rates – Los Angeles Times
– news.google.ca
Los Angeles TimesDow tumbles 666 points as stock market drops amid fears of rising interest ratesLos Angeles TimesStock prices fell sharply from near record highs Friday, with the Dow Jones industrial average tumbling 666 points, or 2.5%, to close out the worst week on Wall Street in years. The main trigger was growing concern about rising interest rates and …Dow plunges to close down 670 points in worst drop since June 2016Financial PostToronto market in triple-digit decline, US markets fall sharplyCTV NewsThe close: Dow sheds more than 650 points; worst week in two yearsThe Globe and MailUSA TODAY -Washington Post -The Guardian -New York Timesall 138 news articles »
Should I withdraw from my TFSA to contribute to an RRSP?
– moneysense.ca
Q. When does it make sense to withdraw money from a TFSA and move it to an RRSP? I am in my late 50s and considering doing this as I have a fairly high income and not much cash on hand to make RRSP contributions. Is that a good move for me? – Deirdre T.
I like that you are thinking about ways to reduce tax, Deirdre, and if you’re careful it may be a good move; if not, it could be a big mistake.
There are two things to think about:
Will your tax rate in retirement be lower than it is now? If so this could be a good strategy.  Also think about things like the OAS clawback, the age credit, GIS, GST credit etc…
A TFSA contribution is an after-tax contribution and an RRSP contribution is a pre-tax contribution. A $5,000 contribution to a TFSA is not the same as a $5,000 contribution to an RRSP. If your marginal tax rate is 40% and you draw $5,000 from your TFSA you’ll have $5,000. The same $5,000 withdrawal from your RRSP will leave you with $3,000, and that’s where you could make your mistake…
Great-West Life acquires EverWest in U.S. real estate push
– theglobeandmail.com
The president of GWL Realty Advisors says the acquisition of EverWest opens up investment opportunities for its clients
