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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Plan for financial success in 2026 Dec 24th
It’s that time of the year again. While you’re caught up in last-minute runs to the store and mapping out the family dinner menu for the holidays, an annual financial review is unlikely to cross your mind. The timing of financial reviews often competes with holiday fun as the end of the .... More »
The best GIC rates in Canada for 2026 + MORE Feb 9th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
How to teach your adult child the financial skills they need to thrive — even when they’re living at home Oct 7th
Insist on at least one credit card so they can begin building solid credit scores. Of course, using it responsibly is key..... More »
Consumer watchdog agency asks court to reconsider ruling + MORE Nov 18th
WASHINGTON – The government’s consumer finance watchdog is asking a federal appeals court to reconsider its ruling that said the agency’s structure is unconstitutional.
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Brexit turmoil worrying British business leaders - The Globe and Mail Nov 15th
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Element Financial’s strategic review puts extra emphasis on fleet business
– theglobeandmail.com
Fresh off Element’s $8.6-billion acquisition of General Electric’s fleet business, company executives are making it clear that they believe this arm is their crown jewel
Daily Deal Roundup: Element, Infor and a Square IPO
– theglobeandmail.com
Mergers, acquisitions, private equity and venture capital deals from Canada and around the world
How the Dow Jones industrial average and other major indexes fared on Wednesday
– canadianbusiness.com
U.S. stocks closed lower Wednesday, led by declines in retailers after a disappointing earnings forecast by Wal-Mart. Investors were also sizing up a batch of mixed earnings from the nation’s biggest banks.
On Tuesday:
The Dow Jones industrial average fell 157.14 points, or 0.9 per cent, to close at 16,924.75.
The Standard & Poor’s 500 index dropped 9.45 points, or 0.5 per cent, to 1,994.24.
The Nasdaq composite declined 13.76 points, or 0.3 per cent, to 4,782.85.
For the week:
The Dow is down 159.74 points, or less than 0.9 per cent.
The S&P 500 index is down 20.65 points, or 1 per cent.
The Nasdaq is down 47.62 points, or 1 per cent.
For the year:
The Dow is down 898.32 points, or 5 per cent.
The S&P 500 index is down 64.66 points, or 3.1 per cent.
The Nasdaq is up 46.79 points, or 1 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Wednesday appeared first on Canadian Business – Your Source For Business News.
On Tuesday:
The Dow Jones industrial average fell 157.14 points, or 0.9 per cent, to close at 16,924.75.
The Standard & Poor’s 500 index dropped 9.45 points, or 0.5 per cent, to 1,994.24.
The Nasdaq composite declined 13.76 points, or 0.3 per cent, to 4,782.85.
For the week:
The Dow is down 159.74 points, or less than 0.9 per cent.
The S&P 500 index is down 20.65 points, or 1 per cent.
The Nasdaq is down 47.62 points, or 1 per cent.
For the year:
The Dow is down 898.32 points, or 5 per cent.
The S&P 500 index is down 64.66 points, or 3.1 per cent.
The Nasdaq is up 46.79 points, or 1 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Wednesday appeared first on Canadian Business – Your Source For Business News.
Jack Dorsey’s Square Inc. files for IPO
– theglobeandmail.com
Square Inc, the mobile payments company co-founded by Twitter Chief Executive Jack Dorsey, filed with U.S. regulators for an initial public offering of common stock
Trading Exotic Currencies As A Means Of Diversifying Your Forex Portfolio
– investitwisely.com
As any Forex trader will tell you, the liquidity in the market is what makes foreign currencies such a popular trading market. However, this is only strictly true when talking about the major currencies. Exotic currencies, like the Czech Koruna or the Indian Rupee, are considered illiquid, and while this can make them more difficult to trade for short-term gains, it also makes them a potentially beneficial long-term investment for diversification and security.Typical Currency Pairs
There are dozens of currencies that can be traded, and because every currency can be paired with every other, this means that there are effectively hundreds of currency pairs. However, market activity typically concentrates on only around a dozen, with a handful being the most common and offering the greatest liquidity. Go beyond the Dollar, the Pound, the Euro, and the Canadian Dollar, and it may take days before you see any real action or major movement.
Liquidity In Forex
The liquidity of a market represents how easily you can open and close trades at the market rate…
