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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Making sense of the markets this week: September 18 Sep 16th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
We’re all Volker-ians now
Paul Volker is generally credited as the person who “broke the back of inflation” as the Governor o.... More »
Oral Covid vaccine protects against disease, transmission: Study - Devdiscourse May 9th
Oral Covid vaccine protects against disease, transmission: Study DevdiscourseZF2001 vaccine safe and effective against symptomatic and severe-to-critical COVID News-Medical.NetVaccine designed for oral use offer protection against Covid-19 disease: Duke University study &n.... More »
Myths and facts of reverse mortgages + MORE Sep 30th
A reverse mortgage is exactly what the name implies: accessing the existing equity you have built in your home by granting a mortgage to a lender without the need to make monthly payments.
And yet, there are many misconceptions about this financial product, which allows Canadians to borrow up to 5.... More »
Manulife says its banking unit was penalized by Fintrac for ‘administrative lapses’ + MORE Feb 27th
Manulife Financial Corp. confirmed Monday its banking unit was penalized last year after Canada’s money-laundering watchdog concluded it failed to report a suspicious transaction and various money transfers.
Last year, Fintrac fined the bank $1.15 million, but it withheld the bank’s iden.... More »
Can I diversify with a few stocks or do I need a mutual fund? + MORE Mar 24th
Having a few stocks doesn’t add up to the diversification of a fund. Shutterstock
Q. I would like to know if it’s better to own diverse stocks (for instance, one bank stock, one energy stock, one railway stock, one telecom, etc.) or mutual funds which are no-load and low MER such .... More »
With new Canadian rules on cannabis legalization just around the corner, money is pouring into an increasingly complex marijuana sector. Is it a sound investment or market euphoria?
