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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Trump backs off imposing China investment limits + MORE Jun 27th
President Donald Trump is shifting away from a proposal to impose limits on Chinese investment in American technology companies and high-tech exports to China. Instead, the president is calling on Congress to enhance an existing review process..... More »
Vision Pro: Apple's new augmented reality headset unveiled - BBC Jun 5th
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Outlook for investment confidence not yet clear from the top of Trans Mountain Jun 3rd
It will be likely sometime before we know for certain the impact of the government's Trans Mountain decision on investor confidence, but the outcome is critical..... More »
5 things to know before the stock market opens Friday - CNBC Dec 16th
5 things to know before the stock market opens Friday CNBCAsia Stocks Set to Open Lower on Hawkish Policy: Markets Wrap BNN BloombergMarkets: Wall Street points lower CTV NewsAsian Stocks Join Global Retreat As Central Banks See Higher Rates Barron'sWeekly.... More »
Proposed Brampton Real Estate Board Integration with Toronto Regional Real Estate Board - Toronto Real Estate Board + MORE Apr 13th
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Hong Kong, London, New York shortlisted for Aramco IPO, Toronto out: sources
– theglobeandmail.com
Either individually or in combination, the three exchanges are believed to be in consideration for the international portion of the listing of the Saudi national oil company
The overlooked way to find an investment adviser you can trust
– theglobeandmail.com
A cost-effective option remains unfamiliar to many
How to ‘find’ cash for your RRSP contribution
– moneysense.ca
RRSP Contribution
You don’t necessarily need new money in order to come up with the cash to maximize your 2017 RRSP contribution.
That should come as welcome news after all the holiday spending. January makes some big demands on cash flow as credit-card bills come due. Add to that the opportunity to top up your TFSA (as detailed last column), and you probably don’t want to be reminded that the annual RRSP deadline is already looming if you wish to minimize taxes for the just-completed 2017.
First, a quick fact check and reminder on deadlines. This year’s deadline is March 1st, which falls on a Thursday. The maximum you can contribute for 2017 is $26,010 (it will be $26,230 for calendar 2018), assuming you earned sufficient income to get that much room, and that you’re not in a good employer pension plan that chops RRSP room down by the amount of the Pension Adjustment (PA) shown on your T-4. Yes, Virginia, tax time is looming, so brace yourself for the annual blitz of T-4 slips, T-3s and T-5s…
You don’t necessarily need new money in order to come up with the cash to maximize your 2017 RRSP contribution.
That should come as welcome news after all the holiday spending. January makes some big demands on cash flow as credit-card bills come due. Add to that the opportunity to top up your TFSA (as detailed last column), and you probably don’t want to be reminded that the annual RRSP deadline is already looming if you wish to minimize taxes for the just-completed 2017.
First, a quick fact check and reminder on deadlines. This year’s deadline is March 1st, which falls on a Thursday. The maximum you can contribute for 2017 is $26,010 (it will be $26,230 for calendar 2018), assuming you earned sufficient income to get that much room, and that you’re not in a good employer pension plan that chops RRSP room down by the amount of the Pension Adjustment (PA) shown on your T-4. Yes, Virginia, tax time is looming, so brace yourself for the annual blitz of T-4 slips, T-3s and T-5s…
At midday: TSX up as resource stock gains offset pot pullback
– theglobeandmail.com
Wall Street higher on gains in energy, industrial stocks