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
Former Rouge Valley hospital clerk fined $36K for selling patient information + MORE Nov 24th
TORONTO – Former hospital clerk Shaida Bandali has been sentenced to two years’ probation, 300 hours of community service and $45,000 in penalties for handing over the personal information of new mothers to investment dealers peddling education savings plans.
Bandali pleaded guilty in Au.... More »
What dividends can tell you about a company’s health during COVID-19 + MORE Jun 14th
While U.S. and Canadian portfolios have mostly recovered from their more than 30% drop in March, there is one key market participant who continues to struggle: the dividend-earning investors.
Since the COVID-19 crisis began, companies have been suspending their dividends in record volumes. In the.... More »
Trump’s budget has billions for border, cuts elsewhere + MORE Feb 28th
WASHINGTON — President Donald Trump wants billions of dollars to start building a wall at the Mexican border and fund efforts to find, jail and deport immigrants in the country illegally, according to White House budget documents The Associated Press obtained on Tuesday.
The .... More »
Statistics Canada says pace of Canadian economic growth slowed in third quarter Nov 30th
The pace of economic growth in Canada slowed in the third quarter as business investment spending moved lower and the growth in household spending slowed, Statistics Canada said Friday..... More »
BLM: Exploration can expand near Alaska eagle preserve + MORE Aug 20th
ANCHORAGE, Alaska – The Canadian company exploring for copper, zinc and gold upstream of a southeast Alaska bald eagle preserve has received permission from a federal agency to expand.
Vancouver, British Columbia-based Constantine Metal Resources Ltd. is exploring upstream of the Chilkat Bald .... More »
A battle over the global economy
– macleans.ca
Some days, the big stories in the economy are all about a good, old-fashioned duel: Greece versus Germany, Canadians versus their TVs, and China versus itself (more specifically: China’s slowing economy vs. a massive equity bubble).Today we’re tackling a few of those questions – with no set judgments on who will win.
In the mean time, a seven-day rally on the TSX, and a global rally more generally, ended yesterday, partly on slumping Chinese export data. But there are lots of U.S. numbers to watch for today that could turn the tides one way or another, including retail sales and earnings from JPMorgan & Chase, Johnson & Johnson, Wells Fargo, Intel and finally, Shaw.
To start you off for a day of conflict, the question of who goes to jail for financial wrongdoing. In France, the heir to the Nina Ricci fashion and perfume house has been convicted of tax fraud in connection to the “Swiss Secrets” HSBC banking case. Her daughter was also convicted, in a trial that could set a significant precedent for how prosecutors see tax evasion cases…
IMF Trims Canada Growth View to 2.2% for 2015 on Oil Risks
– blogs.wsj.com
Canadian economic growth will take a hit this year as the country struggles with the impact of lower oil price, with exports rising but business investment and hiring remaining lackluster, according to the International Monetary Fund.
Modi Goes to Canada: New Investor Protections Coming?
– blogs.wsj.com
With India’s prime minister headed for Canada this week, authorities for the two sides have stepped up negotiations on a foreign-investment-protection pact that has been stuck in limbo for years.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Canada actively considering joining China-led Asian bank
– theglobeandmail.com
Canada broke its silence on Tuesday over whether it would take part in the China-led Asian Infrastructure Investment Bank, signalling it was actively considering joining the institution.
