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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The best TFSAs in Canada for 2023 Aug 25th
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The best TFSAs in Canada for 2023
Here are the best accounts to hold your savings and investments.
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The best TFSAs in Canada for 2023
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Five core financial principles that lead to wealth — for anyone Dec 16th
These have been pressure tested and highly researched and they work for anyone, at any income level, no matter what your age is..... More »
The best RBC credit cards in Canada for 2024 + MORE Feb 1st
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The best RBC credit cards in Canada for 2024
Discover the best RBC credit cards, whether you’re looking for cash back, travel points or low interest.
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Relationship fraud and romance scams: What Canadians need to know May 30th
This is part of a series of columns about how to protect important information and people in your life against fraud and scams. Stay tuned for more.
To be defrauded by scammers over the internet is bad enough. But it’s doubly wounding when the scam takes the form of relationship fraud, where a .... More »
Sweat equity and capital: What it takes to open a successful franchise + MORE Oct 13th
VANCOUVER _ Beeru Mannan owns two Freshii locations in British Columbia with his brother, and the duo plan to open another pair of the chain’s restaurants in the province next year.
The veteran franchisee, who’s been affiliated with three other brands previously, was drawn to FreshiiR.... More »
Consumers Save the Economy
– online.wsj.com
Growth pops up but business investment disappoints again.Losing ground: Why Canada’s grip on U.S. real estate is slipping
– theglobeandmail.com
In the aftermath of the financial crisis, Canadian pension funds, insurance companies and investment firms began a near-decade-long U.S. commercial real estate spending spree that has been unmatched by any country. Until now.
California gets $15M in Bernard Madoff fraud recovery effort
– canadianbusiness.com
SACRAMENTO, Calif. – California will recover $15 million related to the massive Ponzi scheme engineered by Bernard Madoff as part of a larger agreement liquefying the $277 million estate of a Beverly Hills investment adviser, officials said Friday.
The settlement ends a 7-year-old lawsuit filed by the state attorney general against Stanley Chais, who charged what officials called astronomical fees to invest hundreds of millions of dollars from more than 460 often-elderly victims.
Chais, who died in 2010, collected nearly $270 million in fees between 1995 and 2008 while presenting himself as an “investment wizard,” according to the lawsuit filed in Los Angeles Superior Court.
In fact, he simply funneled investors’ life savings to Madoff, the one-time Nasdaq chairman whose $20 billion financial pyramid collapsed in 2008, the lawsuit said.
The agreement filed in federal bankruptcy court in New York settles separate lawsuits against Chais that trustees said will essentially turn over his estate to his victims…
The settlement ends a 7-year-old lawsuit filed by the state attorney general against Stanley Chais, who charged what officials called astronomical fees to invest hundreds of millions of dollars from more than 460 often-elderly victims.
Chais, who died in 2010, collected nearly $270 million in fees between 1995 and 2008 while presenting himself as an “investment wizard,” according to the lawsuit filed in Los Angeles Superior Court.
In fact, he simply funneled investors’ life savings to Madoff, the one-time Nasdaq chairman whose $20 billion financial pyramid collapsed in 2008, the lawsuit said.
The agreement filed in federal bankruptcy court in New York settles separate lawsuits against Chais that trustees said will essentially turn over his estate to his victims…
