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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This article originally appeared at Sportsnet.
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Stocks, Bonds, and Funds Basics
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Encana spinoff PrairieSky posts $23.9-million profit in first financial report
– canadianbusiness.com
CALGARY – PrairieSky Royalty Ltd. (TSX:PSK), the Encana Corp. spinoff that made its trading debut this spring, posted a $23.9-million profit in its first financial report.
The net earnings and comprehensive income for the period between PrairieSky’s May 27 inception and June 30 amounted to one dollar per diluted share, or 18 cents on an adjusted basis.
Revenues were $37.2 million while funds from operations were $31 million.
Production averaged 15,664 barrels of oil equivalent per day, with 44 per cent crude oil, 10 per cent natural gas liquids and 46 per cent natural gas.
At the end of June, PrairieSky had working capital of $57.4 million.
“The first several weeks of active operations have been very busy and productive and I would like to thank all of our employees and directors for their contributions and hard work in ensuring a successful start for PrairieSky” CEO Andrew Phillips said in a release.
As part of a sweeping new strategy unveiled last fall, Calgary-based energy producer Encana (TSX:ECA) decided to separate a big chunk of its royalty lands into a new publicly traded company, PrairieSky…
The net earnings and comprehensive income for the period between PrairieSky’s May 27 inception and June 30 amounted to one dollar per diluted share, or 18 cents on an adjusted basis.
Revenues were $37.2 million while funds from operations were $31 million.
Production averaged 15,664 barrels of oil equivalent per day, with 44 per cent crude oil, 10 per cent natural gas liquids and 46 per cent natural gas.
At the end of June, PrairieSky had working capital of $57.4 million.
“The first several weeks of active operations have been very busy and productive and I would like to thank all of our employees and directors for their contributions and hard work in ensuring a successful start for PrairieSky” CEO Andrew Phillips said in a release.
As part of a sweeping new strategy unveiled last fall, Calgary-based energy producer Encana (TSX:ECA) decided to separate a big chunk of its royalty lands into a new publicly traded company, PrairieSky…
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Most actively traded companies on the TSX, TSX Venture Exchange
– canadianbusiness.com
TORONTO – Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (15,249.99, down 16.58 points):
RB Energy Inc. (TSX:RBI). Miner. Down 14.5 cents, or 28.43 per cent, to 36.5 cents on 9.7 million shares.
Romarco Minerals Inc. (TSX:R). Miner. Up seven cents, or 8.43 per cent, to 90 cents on 5.2 million shares.
Bioniche Life Sciences Inc. (TSX:BNC). Biotechnology. Up 5.5 cents, or 17.46 per cent, to 37 cents on 4.9 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down thre cents, or 1.02 per cent, to $2.91 on 4.7 million shares.
Bombardier Inc. (TSX:BBD.B): Plane, train maker. Unchanged at $3.78 on 3.9 million shares.
Toronto Venture Exchange (1,006.48, down 5.75 points):
Petroamerica Oil Corp. (TSXV:PTA). Oil and gas. Down 0.5 cents, or 1.54 per cent, to 32 cents on 41.7 million shares.
Mena Hydrocarbons Inc. (TSXV:MNH). Oil and gas. Up one cent, or 66.67 per cent, to 2.5 cents on 10.4 million shares.
Companies reporting major news:
Canadian National Railways (TSX:CNR)…
Toronto Stock Exchange (15,249.99, down 16.58 points):
RB Energy Inc. (TSX:RBI). Miner. Down 14.5 cents, or 28.43 per cent, to 36.5 cents on 9.7 million shares.
Romarco Minerals Inc. (TSX:R). Miner. Up seven cents, or 8.43 per cent, to 90 cents on 5.2 million shares.
Bioniche Life Sciences Inc. (TSX:BNC). Biotechnology. Up 5.5 cents, or 17.46 per cent, to 37 cents on 4.9 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down thre cents, or 1.02 per cent, to $2.91 on 4.7 million shares.
Bombardier Inc. (TSX:BBD.B): Plane, train maker. Unchanged at $3.78 on 3.9 million shares.
Toronto Venture Exchange (1,006.48, down 5.75 points):
Petroamerica Oil Corp. (TSXV:PTA). Oil and gas. Down 0.5 cents, or 1.54 per cent, to 32 cents on 41.7 million shares.
Mena Hydrocarbons Inc. (TSXV:MNH). Oil and gas. Up one cent, or 66.67 per cent, to 2.5 cents on 10.4 million shares.
Companies reporting major news:
Canadian National Railways (TSX:CNR)…
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
