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
Who inherits a selfie? States seek to fill privacy law gaps + MORE Oct 2nd
SPRINGFIELD, Ill. – States are passing laws dealing with how to release information from online accounts to relatives when people die.
Google, Facebook and other companies have said a federal privacy law approved decades before digital storage became common prevents them from releasing electro.... More »
Best Canadian equity ETFs 2026 + MORE Apr 18th
Making space in your portfolio for Canadian equity ETFs used to come with rationalizations: that they tended to pay higher dividends than their global peers and that those dividends received preferential tax treatment in non-registered accounts, for example.
But Canadian investors these day.... More »
Hyundai Ioniq 6 Preferred Long-Range AWD: The best affordable EV in Canada for long-range driving for 2024 + MORE Mar 1st
Last year, we told you that the 2024 Hyundai Ioniq 6 was our top pick for affordable access to long-distance cruising range, specifically with the 2024 Hyundai Ioniq 6 Preferred Long-Range version delivering maximum return on the investment of shoppers counting “range for the buck” as a key purc.... More »
Empire shares hit 18 month high after Q1 results beat expectations + MORE Sep 14th
MONTREAL _ Shares of Sobeys owner Empire Co. Ltd. hit their highest level in 18 months on Thursday after the country’s second-largest grocery retailer beat expectations and signalled a positive turn in Western Canada after its disastrous takeover of Safeway.
The Halifax-based company’s s.... More »
In a sign of growing economic ties, China allows direct currency trading with New Zealand + MORE Mar 19th
WELLINGTON, New Zealand – In another sign of growing economic ties, China on Wednesday allowed its currency to be directly traded with New Zealand’s.
New Zealand Prime Minister John Key announced the start of trading during a trip to China.
Previously, a company that needed to trade New .... More »
4.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online.
Asset location: Everything in its place
– moneysense.ca
If you’ve ever put together an investment plan, you’re familiar with asset allocation. That’s the mix of stocks, bonds, real estate and other investments driving the expected risk and return of your portfolio. You probably gave less thought to asset location, or how those assets are distributed among your registered and non-registered investment accounts. But as any home buyer will tell you, location means a lot.Here’s why. Investment returns—bond interest, Canadian and foreign stock dividends, capital gains—are taxed in different ways. And each of your accounts—such as RRSPs, TFSAs and taxable accounts—is governed by different tax rules. Savvy investors know if they hold assets in the wrong account type they’ll pay much more tax than necessary.
How much more? That depends on your portfolio size and tax rates, but smart asset location decisions can easily save you tens of thousands of dollars over an investing lifetime. That number could easily top $100,000 for wealthier investors…
AFPObama Urges Congress to Hold Off on Further Iran SanctionsWall Street JournalWASHINGTON—President Barack Obama urged Congress not to pursue new sanctions against Iran as talks over its nuclear program play out, saying such a move would undermine attempts to solve the issue peacefully and avoid another Middle East military …Lawmakers brush off Kerry on IranWashington Post (blog)Iran sharply slows down nuclear capacity expansion: IAEA reportReutersJohn Kerry: Tiny portion of Iran assets may be freedBBC NewsRadioFreeEurope/RadioLiberty -Independent Online -Sky News Australiaall 728 news articles »
A scorecard on the state of the economy in North America and beyond
After rising steadily since 2008, Statistics Canada’s new housing price index has flattened out in September, following on a 0.1 per cent increase in August, but a new report says that’s no cause for concern as Canadian real estate development will remain strong.
