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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How much to take out of your RRSP in your 60s Oct 4th
Many retirees have the bulk of their retirement savings in registered retirement savings plans (RRSPs) or similar tax-deferred registered accounts. RRSPs need to be used to buy an annuity or more commonly converted to a registered retirement income fund (RRIF) by Dec. 31 of the year someone turns 71.... More »
Jose Cuervo, world's biggest tequila maker, postpones IPO after Trump election win + MORE Nov 24th
Tequila producer Jose Cuervo has put its IPO on hold following the election of Donald Trump, which has weighed on Mexican stocks and currency, according to people familiar with the matter..... More »
Amarjeet Sohi responds: What is Canada’s infrastructure bank for? + MORE Jun 9th
Infrastructure and Communities Minister Amarjeet Sohi takes part in an interview at his office in Ottawa on Thursday, June 23, 2016. (Sean Kilpatrick/CP)
Our government took office with a commitment to build and rebuild Canadian communities so that they could thrive for generations to come. After a .... More »
Invest your retirement savings in Rebel Media—or, better yet, in dog toys + MORE Feb 23rd
Outspoken political commentator Ezra Levant arrives at the Law Society of Alberta in Calgary, Alta., Wednesday, March 2, 2016. (Jeff McIntosh/CP)
Planning for retirement can be tricky. There are the evergreen-for-the-greying questions: “How much money will I need?” “When can I afford to retire.... More »
BP to resume share buybacks as profit beats expectations + MORE Oct 31st
Third-quarter earnings hit $1.87-billion, doubling profit of $933-million a year earlier
.... More »
London: Is It Too Expensive For New Businesses?
– investitwisely.com
The allure of London is strong for anyone who’s grown up in the sticks, those places where a cover band in the local pub is about as close to cosmopolitanism as they’ll ever get. To a lot of people outside of major cities, London is a capital filled with bright lights, glittering careers in the media, and major cultural events that the rest of the UK can only dream of.But this is the veneer of London, the glistening sheen that hides the stark reality of high house prices, yawning disparities between the rich and poor, and the kind of living expenses that can generally only be afforded by oligarchs.
Down and out in London
In part thanks to the work of former London mayor Boris Johnson, living prices have become untenable for many poorer residents, forcing them onto the outskirts of the city, or even to other parts of the country.
Like Abu Dhabi or Dubai, London is becoming little more than a rich person’s toy set. The residents of low income housing estates have become the most prominent victims of the wealth gap, while the living wage (which is slightly higher than in the rest of the country) is barely enough to sustain people on the breadline…
