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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Profits just about double at BMO and Scotia as big banks post quarterly earnings - CBC.ca Aug 24th
Profits just about double at BMO and Scotia as big banks post quarterly earnings CBC.caBank of Montreal profit surges as loan-loss provisions improve, retail banking revenue gains The Globe and MailScotia beats as banking strength offsets capital markets stumble BNNT.... More »
Should I use money from my TFSA to contribute to my RRSP? It depends … Feb 6th
Experts say where you put your money depends on your short- and long-term financial goals — and sometimes what tax bracket you are in.... More »
Stocks dive on surging inflation, Ukraine risks; China markets sell-off - Reuters.com + MORE Mar 11th
Stocks dive on surging inflation, Ukraine risks; China markets sell-off Reuters.comAsian shares rally as Russia-Ukraine talks buoy sentiment The Globe and MailHong Kong tumbles more than 3%, leading losses in Asia as Chinese tech stocks drop CNBCAsian markets join gl.... More »
Bank of Canada survey says Canadian businesses are optimistic Oct 16th
A new Bank of Canada poll suggested Monday that companies are optimistic about the year ahead — especially when it comes to sales growth, foreign demand and their investment plans..... More »
August 2017 Dividend Income Update Sep 17th
Save, invest, prosper with My Own Advisor.
August 2017 Dividend Income Update Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss our approach to investing focusing on Canadian dividend paying stocks. We believe buying and holding a nu.... More »
A true-ish story of a Russian oligarch’s rise and fall
– macleans.ca
ONCE UPON A TIME IN RUSSIA
Ben Mezrich
The mass sell-off of Russian state assets following the collapse of the Soviet Union created a new class of men known as oligarchs, whose wealth had rarely been paralleled, and whose power could save or doom politicians. In July 2000, 18 such men were summoned by Russia’s new president, Vladimir Putin, and warned that although they would be allowed to keep their billions, they had to stay out of politics. Underlining the severity of Putin’s warning was the location of the gathering: a dacha that once belonged to the Soviet dictator and mass murderer, Joseph Stalin.
It’s a telling anecdote, one that nicely foreshadows a major plotline in Mezrich’s book: the clash between Boris Berezovsky, one of Russia’s richest oligarchs, and Putin, the man he helped bring to power but against whom he later turned.
The meeting might have transpired as Mezrich describes it, but we can’t know for sure. Although the book title says this is a true story, Mezrich provides few details about his sources…
Liberals, NDP to debate proposed B.C. LNG deal during summer legislative session
– canadianbusiness.com
VICTORIA – British Columbia’s politicians are returning to the legislature to debate the details of an agreement that could pave the way for the largest private investment in the province’s history — a proposed $36-billion liquefied natural gas export plant.
The Pacific NorthWest LNG project planned for Lelu Island near Prince Rupert still requires federal environmental approval, and Malaysian energy giant Petronas has yet to make its final investment decision.
But ratifying the project development agreement in the legislature provides investor certainty, Finance Minister Mike de Jong said.
“We think the stakes are big,” he said about the deal he will introduce this week though legislative sessions are not typically held in the summer.
“We are anxious to address the remaining issues that would lead to this particular project moving forward,” De Jong said.
He said the potential economic returns from B.C.’s first LNG deal would outweigh targeted-tax tradeoffs included in a 25-year deal that is detailed in a legislative document he will table in the legislature…
The Pacific NorthWest LNG project planned for Lelu Island near Prince Rupert still requires federal environmental approval, and Malaysian energy giant Petronas has yet to make its final investment decision.
But ratifying the project development agreement in the legislature provides investor certainty, Finance Minister Mike de Jong said.
“We think the stakes are big,” he said about the deal he will introduce this week though legislative sessions are not typically held in the summer.
“We are anxious to address the remaining issues that would lead to this particular project moving forward,” De Jong said.
He said the potential economic returns from B.C.’s first LNG deal would outweigh targeted-tax tradeoffs included in a 25-year deal that is detailed in a legislative document he will table in the legislature…
Euro zone leaders told near-bankrupt Greece at an emergency summit on Sunday that it must restore trust by enacting key reforms before they will open talks on a new financial rescue to keep it in the European currency area.
CBC.caGreece crisis: Eurozone leaders gather as bid for bailout continuesCBC.caGreece moved closer on Sunday to a desperately needed deal with European creditors which would stave off immediate financial collapse and the country's potential exit from the euro. Facing a self-imposed Sunday deadline, the eurozone's top official, …Greece must do more to earn rescue: Euro zone leadersToronto SunEuropean leaders meet on whether to rescue Greece or cut it looseUSA TODAYFrom Greece talks, a less united Europe emergesWashington PostTelegraph.co.uk -New York Times -The Guardianall 2,433 news articles »
