TSX getting you down? There are always sound investment alternatives.
Trading on the Toronto Stock Exchange restarted as expected today after the market was shut down early Friday due to a technical problem..... More »
North Korea's nuclear pledge adds momentum to South's preparations for summit - Reuters Canada Apr 22nd
Reuters CanadaNorth Korea's nuclear pledge adds momentum to South's preparations for summitReuters CanadaSEOUL (Reuters) - South Korea's preparations for its first summit with North Korea in more than a decade are in full swing this week, officials said on Sunday, a day after the Nort.... More »
CIBC financial adviser says she does 'daily harm to customers', disputes finding in banks probe + MORE Apr 23rd
A financial adviser for CIBC says her entire branch was 'disheartened' by a recent report by Canada’s banking regulator, that said it did not find widespread misselling to customers..... More »
Global stock markets slumped Tuesday after President Donald Trump threatened to put tariffs on another $200 billion US in imports from China, and the Chinese government said it would retaliate, bringing tensions between the world's two largest economies closer to a boil..... More »
Almost everything about your life can influence your financial decisions..... More »
The federal government is prepared to consider assuming some of the financial risk as a solution to the Trans Mountain pipeline expansion feud involving Kinder Morgan and B.C.
Grrr! IIROC, please leave us alone! With friends like you, self-directed investors don’t need enemies. Despite receiving many objections and warnings from both investors and discount brokers (such a convergence of views sure doesn’t happen often!) against measures that will make the discount broker business more complicated and costly to the detriment of investors, the regulator IIROC is ploughing ahead with a revised Guidance. What kind of bad things for investors are likely?disappearance and future restriction of many useful useful tools like model portfolios under the pretext that this is making recommendations aka providing advice, which the discount brokers are not allowed to provide; I would dearly like to see a (good) risk assessment module attached to the model portfolio selection tools but this probably won’t happen nowrising fees or commissions charged to investors as the brokers are obliged to provide more complicated vetting procedures to ensure investors are only allowed to open “appropriate” accountsAs I said in my own comments to IIROC over a year ago, the history of the discount brokers over the two decades during which I have been an active investor with a bunch of them (BMO InvestorLine, TD Direct Investing, Questrade, RBC Direct Investing) has been pleasingly positive – low trading and administration costs, broad and steadily expanding product availability and services, responsive people when when a few administrative issues arose, impressive and widening range of useful tools, reports and educational material…