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.
Latest News
Canada’s new real estate war + MORE Jul 19th
The Apple Self Storage building on Adelaide street west in Toronto, ON. (Photograph by Cole Garside)
The basement, wrote the French philosopher Gaston Bachelard in The Poetics of Space, an architectural treatise, “is first and foremost the dark entity of the house, the one that partakes of subterr.... More »
December 2016 Dividend Income Update Jan 15th
Save, invest, prosper with My Own Advisor.
A new year brings new beginnings. It’s also a time to reflect upon the year that was – including our 2016 dividend income.
For those of you new to these posts on my site, every month I discuss our approach to investing focusing on dividend paying .... More »
Is building an emergency fund more important than other financial goals? Jun 1st
Q. I am 51, single and have no dependents, with many working years ahead of me. I earn about $70,000 annually at my tech job. Due to life circumstances, my finances are not in the best shape.
I have $6,000 in emergency fund savings in a high-interest savings account, $16,000 in an RRSP ($70,000 cont.... More »
Brexit: a value play or value trap? Apr 15th
Are you tired of hearing about Brexit? Well, get in line. Over the last year, the U.K.’s European Union debacle has taken several ridiculous twists and turns. I won’t attempt to list everything that’s happened, as it’s been one of the more confusing political events in history, but as of rig.... More »
What types of tax-free savings accounts (TFSAs) exist? + MORE Nov 29th
A tax-free savings account (TFSA) is a fantastic way to earn money on your savings, without having to pay tax on those earnings. Registered by the federal government, TFSAs are available to Canadians aged 18 and older. Unlike a registered retirement savings plan (RRSP), you cannot deduct contributio.... More »
Memo to Mark Machin: Here’s your to-do list at CPPIB
– theglobeandmail.com
As Mark Machin assumes the role as CEO at Canada Pension Plan Investment Board, he’ll have plenty of files to get to work on
Starting today, investors in Canadian mutual funds will get clear and concise information about what they are purchasing and how much it costs before being asked to buy in.
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,086.67, down 18.56 points):
Niko Resources Ltd. (TSX:NKO). Oil and gas. Up four cents, or 20 per cent, to 24 cents on 11.9 million shares.
Data Group Ltd. (TSX:DGI). Business services. Unchanged at two cents on 4.8 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down one cent, or 0.50 per cent, to $1.99 on 3.6 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down one cent, or 0.43 per cent, to $2.30 on 3.2 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 11 cents, or 2.02 per cent, to $5.33 on 2.6 million shares.
Twin Butte Energy Ltd. (TSX:TBE). Oil and gas. Up half-a-cent, or 7.69 per cent, to seven cents on 2.6 million shares.
Companies reporting major news:
The Intertain Group Ltd. (TSX:IT). Online gaming. Up 65 cents, or 5.10 per cent, to $13.39 on 393,270 shares. Intertain is postponing its annual meeting by three months to give directors more time to complete a review of the online gaming company’s strategic options…
Toronto Stock Exchange (14,086.67, down 18.56 points):
Niko Resources Ltd. (TSX:NKO). Oil and gas. Up four cents, or 20 per cent, to 24 cents on 11.9 million shares.
Data Group Ltd. (TSX:DGI). Business services. Unchanged at two cents on 4.8 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down one cent, or 0.50 per cent, to $1.99 on 3.6 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down one cent, or 0.43 per cent, to $2.30 on 3.2 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 11 cents, or 2.02 per cent, to $5.33 on 2.6 million shares.
Twin Butte Energy Ltd. (TSX:TBE). Oil and gas. Up half-a-cent, or 7.69 per cent, to seven cents on 2.6 million shares.
Companies reporting major news:
The Intertain Group Ltd. (TSX:IT). Online gaming. Up 65 cents, or 5.10 per cent, to $13.39 on 393,270 shares. Intertain is postponing its annual meeting by three months to give directors more time to complete a review of the online gaming company’s strategic options…
Transcontinental sells assets in Saskatchewan, lays off 65 people
– theglobeandmail.com
The Montreal-based media giant says 13 newspapers as well as some commercial printing equipment and a book business have been sold to Star News Publishing for an undisclosed price
Vancouver jobs boom, millennials still can’t afford homes
– moneysense.ca
VANCOUVER – Kala Vilches always knew she’d have to leave Vancouver if she wanted to buy a house.
Three years ago, the fashion design graduate was working as a product developer at Lululemon, earning a good salary and living in what she calls “the best Canadian city for fashion.” But she was also paying $900 a month in rent, saving little and saddled with student debt.
“I was a salaried employee living in a tiny bachelor apartment with a view of a parking lot,” she said.
“I kind of knew that I would have to, at some point, leave Vancouver if I wanted to own property. I just knew what the market was like. That was kind of always in my mind, even though I did end up getting, pretty quickly after I graduated university, a good job.”
Despite the fact that her industry was booming in Vancouver — in addition to Lululemon, Arcteryx and Mountain Equipment Co-op have head offices in the city — Vilches decided to move to Calgary. She got a job at FGL Sports in 2014 and has since paid off her student loans, bought a car and started building her RRSP…
Three years ago, the fashion design graduate was working as a product developer at Lululemon, earning a good salary and living in what she calls “the best Canadian city for fashion.” But she was also paying $900 a month in rent, saving little and saddled with student debt.
“I was a salaried employee living in a tiny bachelor apartment with a view of a parking lot,” she said.
“I kind of knew that I would have to, at some point, leave Vancouver if I wanted to own property. I just knew what the market was like. That was kind of always in my mind, even though I did end up getting, pretty quickly after I graduated university, a good job.”
Despite the fact that her industry was booming in Vancouver — in addition to Lululemon, Arcteryx and Mountain Equipment Co-op have head offices in the city — Vilches decided to move to Calgary. She got a job at FGL Sports in 2014 and has since paid off her student loans, bought a car and started building her RRSP…
