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
The best RRSPs in Canada for 2024 + MORE Nov 13th
Why should you open a registered retirement savings plan (RRSP)? This account type is often described as “tax-advantaged,” meaning it offers a tax-efficient way for savers and investors to build wealth for the future, usually for retirement. To maximize its potential, it helps to know the differ.... More »
Maclean’s Live: Making sense of the Bank of Canada’s interest-rate announcement + MORE Jul 14th
Governor of the Bank of Canada Stephen Poloz arrives at a commons finance committee on Parliament Hill on Tuesday, April 28, 2015. THE CANADIAN PRESS/Justin Tang
As the Bank of Canada announces its latest move on interest rates, Maclean’s hosts a panel of experts to make sense of the day’.... More »
Is Financial Independence Retire Early (FIRE) right for you? + MORE Apr 1st
Save, invest, prosper with My Own Advisor.
FIRE
I read a boatload of personal finance and investing articles within any given month. One thing that continues to get my attention is this FIRE movement – the desire of various blog authors to be financially independent and therefore retire early.
I.... More »
Feds seek input on shifting some mortgage default risk from taxpayers to banks - CanadianBusiness.com + MORE Oct 21st
The Globe and MailFeds seek input on shifting some mortgage default risk from taxpayers to banksCanadianBusiness.comOTTAWA – The federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to insured mortgages from the sho.... More »
6 Things That Didn't Make an Appearance at the Apple Event - CNET Mar 12th
6 Things That Didn't Make an Appearance at the Apple Event CNETApple's spring event had as many missed opportunities as compelling moments MacworldWhat to know about Apple's new iPhone SE Yahoo FinanceApple Stock: Wall Street Is Psyched About New Products .... More »
National Bank buys stake in Ivory Coast financial services firm
– theglobeandmail.com
Deal gives smallest of the Big Six banks a 20.9-per-cent interest in NSIA Participations SA
How much you’ll save with the dividend tax credit
– moneysense.ca
Dividends from Canadian stocks have one downside: they can inflate your income and cause your Old Age Security to get clawed back. Still, you should come out ahead with the dividend tax credit.
The post How much you’ll save with the dividend tax credit appeared first on MoneySense.
Chicago judge appoints former Watergate prosecutor to investigate Caesars business deals
– canadianbusiness.com
CHICAGO – A former Watergate prosecutor who was later involved in efforts to secure the release of Americans during the Iran hostage crisis while assistant secretary of the Treasury is now investigating business deals made by Caesars Entertainment Corp. before the casino giant’s debt-heavy operations division filed for bankruptcy in January.
On Wednesday, a bankruptcy judge in Chicago appointed 68-year-old Richard J. Davis to be the independent examiner in the case to look into disputed business transfers that some creditors say robbed the division of valuable assets and left them without a guarantee on their investments.
As Davis stepped up to a podium Wednesday inside the courtroom, Judge A. Benjamin Goldgar jokingly alluded to the complexity of the case.
“You game for this?” a smiling Goldgar asked him.
When Davis nodded, the judge said, “You’re in!”
There was no opposition to Davis’ appointment, a rarity in a case fraught with ongoing disputes between the company and some of its creditors…
On Wednesday, a bankruptcy judge in Chicago appointed 68-year-old Richard J. Davis to be the independent examiner in the case to look into disputed business transfers that some creditors say robbed the division of valuable assets and left them without a guarantee on their investments.
As Davis stepped up to a podium Wednesday inside the courtroom, Judge A. Benjamin Goldgar jokingly alluded to the complexity of the case.
“You game for this?” a smiling Goldgar asked him.
When Davis nodded, the judge said, “You’re in!”
There was no opposition to Davis’ appointment, a rarity in a case fraught with ongoing disputes between the company and some of its creditors…
