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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Panic Monday: World stock markets plunge again as Trump doubles down on tariffs + MORE Apr 7th
On Friday, the worst market crisis since COVID slammed into a higher gear as the S&P 500 plummeted 6% and the Dow plunged 5.5%..... More »
Surviving the present, investing in the future: Gen Z’s financial balancing act Sep 13th
For Canada’s Gen Z, money is a mix of anxiety and opportunity. They’re the nation’s youngest workers, navigating rising living costs, heavy debt loads, and uncertain job markets. Many hustle to make ends meet—taking on gig work, cutting back on spending, and finding creative ways to save—w.... More »
What kids and teens will learn from Ontario’s expanded financial literacy education Jul 23rd
This month, the Ontario government announced new financial literacy programming for elementary schools, to be available to teachers beginning this fall. That arrives on the heels of the education ministry’s initial announcement in May that changes are coming to provincial high-school curriculums, .... More »
Couche-Tard walks away from 7-Eleven bid, citing lack of good faith Jul 17th
Canada’s convenience store giant backed away from a blockbuster bid set to dramatically expanded its convenience store empire, when it pulled its proposal to buy the parent company of rival 7-Eleven on Wednesday.
Alimentation Couche-Tard has spent nearly a year courting Seven & i Holdin.... More »
What will happen to Afghanistan’s economy under Taliban rule? - Al Jazeera English Aug 19th
What will happen to Afghanistan’s economy under Taliban rule? Al Jazeera EnglishAfghan central bank's $10-billion in assets likely not within reach of Taliban, officials say The Globe and MailAfghanistan: Pakistan fences off from Afghan refugees BBC NewsFATAH: This.... More »
Correspondents Savannah Sellers and Gadi Schwartz, hosts of the new NBC News Snapchat show “Stay Tuned.” (NBC News)Television networks are directing hundreds of millions of investment dollars into ventures that play by the new rules of social media. The old approach—trying to engage online audiences solely with clips of traditional video content—just doesn’t work with a millennial audience, they’ve found.
NBCUniversal and Times Warner are just two examples of U.S. broadcasters making a big bet on original content for Snapchat. The app is best known for messages that disappear after being viewed, but is growing quickly as a video and story content platform.
Media companies have seen social media both as a partner to make their own content more shareable to a wider audience and, increasingly, as a threat to viewership and ad revenues. NBC News’s latest strategy, rather than trying to go talking-head-to-head with a social media “frenemy”, is to team up with Snapchat on a twice-daily video newscast called Stay Tuned…
Liberals set up fast track system for infrastructure bank approvals
– canadianbusiness.com
The federal infrastructure bank is many months away from opening its doors, but Liberals have given a group of civil servants the power to help fast-track approval of projects for private funding well in advance.
The officials are now on the verge of handing in their secret evaluations of the projects, along with any recommendations about how to use public funds to quickly pull in private dollars to pay for construction.
The government says the infrastructure bank advisory group has not sent any projects up the ladder for cabinet approval.
Rather, internal documents suggest the goal of the group is to avoid any delays in project approvals and show some early wins for the new bank, which has faced controversy and won’t be fully operational until the end of the year.
The Liberals hope that the bank can use $35 billion in public funds to pry three to four times as much in private investment to fund infrastructure projects around the country.
The Liberals asked the advisory group to review projects that could go to the new infrastructure bank, and provide options to cabinet for private funding “to ensure that no delays occur on near-term infrastructure projects,” the documents state…
The officials are now on the verge of handing in their secret evaluations of the projects, along with any recommendations about how to use public funds to quickly pull in private dollars to pay for construction.
The government says the infrastructure bank advisory group has not sent any projects up the ladder for cabinet approval.
Rather, internal documents suggest the goal of the group is to avoid any delays in project approvals and show some early wins for the new bank, which has faced controversy and won’t be fully operational until the end of the year.
The Liberals hope that the bank can use $35 billion in public funds to pry three to four times as much in private investment to fund infrastructure projects around the country.
The Liberals asked the advisory group to review projects that could go to the new infrastructure bank, and provide options to cabinet for private funding “to ensure that no delays occur on near-term infrastructure projects,” the documents state…
At midday: TSX gains on rising energy prices
– theglobeandmail.com
Wall Street continues record run, powered by strong quarterly earnings
Amazon CEO Jeff Bezos briefly became the world’s richest man Thursday in Forbes magazine’s tracking of wealth, as stock in his e-commerce company hit an all-time high.
