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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Traveler By Day, Trader By Night + MORE Sep 24th
Trading stocks is a great way to earn extra money from anywhere in the world. Thanks to the advancement of technology, it has never been easier to track your investments and make quick decisions, even without a broker. Keep reading to learn more about the advantages of trading without a broker, how .... More »
A bite-sized look at Toronto's budget - Toronto Star + MORE Jan 23rd
Toronto StarA bite-sized look at Toronto's budgetToronto StarMayor John Tory's debut budget set out a 2.75 per cent property tax increase (this includes the increase to pay for the Scarborough subway) and proposes $170 million in new investments. The Star reported on the big-ticket items e.... More »
Canadian banks tighten expenses amid shifts in sector, slower growth + MORE Oct 12th
Several big Canadian financial institutions have made cost-cutting announcements in recent months as an uncertain economy, competition threaten profits
.... More »
Give the gift of MoneySense + MORE Nov 27th
Order a 1-year subscription to Canada’s personal finance magazine for just $25 (8 issues). While you’re at it, get one for yourself too! Each addition subscription costs just $20. Subscribe now!
MoneySense helps readers make smarter investing, banking, insurance, shopping and real esta.... More »
Gold sees more downside price action amid rising bond yields - Kitco NEWS Feb 25th
Gold sees more downside price action amid rising bond yields Kitco NEWSU.S. Stocks Fluctuate While Bond Yields Climb: Markets Wrap Yahoo Canada FinanceUS stocks rally as Powell soothes traders' nerves BNNFed Chairman Powell Helps the Stock Market But Won't Discuss De.... More »
Key Canada Events: Week of May 26-30
– blogs.wsj.com
On tap this week, three of Canada’s “Big 5″ banks will report second-quarter results, closing out earnings season for Canada’s big lenders. The latest read on GDP comes Friday.
Canadian dollar higher, American markets closed for Memorial Day holiday
– canadianbusiness.com
TORONTO – The Canadian dollar was slightly higher Monday in a relatively quiet session with American financial markets closed for the Memorial Day holiday.
The loonie moved ahead 0.06 of a cent to 92.06 cents US.
Although it is quiet on the Canadian economic front, there are major items coming up later in the week.
Statistics Canada releases the latest gross domestic reading for March and the first quarter on Friday. Economists are looking for an annualized rise of 1.7 per cent for the quarter and 0.1 per cent for the month.
And traders will be looking for the latest U.S. growth data to see if the American economy actually contracted in the first quarter. The first revision to U.S. gross domestic product data will be released on Thursday. The initial report showed growth coming in at a paltry 0.1 per cent as severe winter weather impacted the economy. But markets are braced for a worse reading.
Commodity markets were closed in New York but crude moved higher in electronic trading with the July contract down 28 cents to US$104…
The loonie moved ahead 0.06 of a cent to 92.06 cents US.
Although it is quiet on the Canadian economic front, there are major items coming up later in the week.
Statistics Canada releases the latest gross domestic reading for March and the first quarter on Friday. Economists are looking for an annualized rise of 1.7 per cent for the quarter and 0.1 per cent for the month.
And traders will be looking for the latest U.S. growth data to see if the American economy actually contracted in the first quarter. The first revision to U.S. gross domestic product data will be released on Thursday. The initial report showed growth coming in at a paltry 0.1 per cent as severe winter weather impacted the economy. But markets are braced for a worse reading.
Commodity markets were closed in New York but crude moved higher in electronic trading with the July contract down 28 cents to US$104…
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
TSX heads for flat open, N.Y closed for Memorial Day; traders look to bank earns
– canadianbusiness.com
TORONTO – The Toronto stock market looked set for a flat open in what will likely be a quiet session with New York markets closed for the U.S. Memorial Day holiday.
The Canadian dollar rose 0.07 of a cent to 92.07 cents US.
European markets ran ahead after Ukraine’s new president-elect promised to negotiate an end to a pro-Russia insurgency in the east and saying he was willing to begin talks with Moscow. The offer from 48-year-old chocolate magnate Petro Poroshenko raised hopes that his election will indeed ease the protracted crisis that has fuelled tensions unseen since the end of the Cold War.
Also, European Central Bank President Mario Draghi said the bank could engage in large-scale bond purchases to combat the negative spiral of low inflation if need be.
Draghi’s remarks at a conference in Sintra, Portugal, held out the prospect for action to stimulate the weak recovery at the ECB’s next governing council meeting June 5.
The meeting will take place against the background of a slow recovery in the 18 countries that share the euro currency and concern that Europe may fall into outright deflation, or a crippling downward price spiral…
The Canadian dollar rose 0.07 of a cent to 92.07 cents US.
European markets ran ahead after Ukraine’s new president-elect promised to negotiate an end to a pro-Russia insurgency in the east and saying he was willing to begin talks with Moscow. The offer from 48-year-old chocolate magnate Petro Poroshenko raised hopes that his election will indeed ease the protracted crisis that has fuelled tensions unseen since the end of the Cold War.
Also, European Central Bank President Mario Draghi said the bank could engage in large-scale bond purchases to combat the negative spiral of low inflation if need be.
Draghi’s remarks at a conference in Sintra, Portugal, held out the prospect for action to stimulate the weak recovery at the ECB’s next governing council meeting June 5.
The meeting will take place against the background of a slow recovery in the 18 countries that share the euro currency and concern that Europe may fall into outright deflation, or a crippling downward price spiral…
