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
Calgary home sales plummet since last August + MORE Sep 2nd
Home sales in Calgary dropped last month compared to a year ago, according to the latest numbers from the Calgary Real Estate Board..... More »
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 »
In Hamilton, Trudeau blames Conservatives for US Steel mess - CBC.ca + MORE Oct 14th
CBC.caIn Hamilton, Trudeau blames Conservatives for US Steel messCBC.caJustin Trudeau criticized the Conservative government on Wednesday for its decisions around foreign investment that lead to bleak situations like the one U.S. Steel pensioners in Hamilton find themselves in after last Friday'.... More »
Loonie continues towards 11 1/2-year low, TSX and U.S. markets drop again + MORE Dec 8th
TORONTO – The Canadian dollar and Toronto Stock Exchange continued to fall Tuesday morning.
The loonie was down of more than one-third of a cent and the main TSX index fell more than 100 points.
The S&P/TSX composite index was at 12,896.09, dropping 146.74 points or nearly one per cent fro.... More »
5 Revolutionary FinTech Companies You Need to Watch This Year Feb 20th
The financial technology field is booming, and 2019 will surely be a crucial year. Big developments range from the inception of GDPR to the Brexit brouhaha, from open banking data implementation to the evolution of the blockchain. The changes aren’t stopping as numerous startups are redefining cus.... More »
TD’s Colleen Johnston: Making her mark on Bay Street
– theglobeandmail.com
Lured away from Scotiabank by Ed Clark, TD's chief financial officer has a knack for attracting the attention of Canada’s most powerful business leaders
Cascades greening Quebec cardboard plant ahead of planned capacity expansion
– canadianbusiness.com
MONTREAL – Recycled paper producer Cascades is making its corrugated cardboard plant in Cabano, Que., more environmentally friendly in a first step to expanding the mill’s output and creating jobs.
The company (TSX:CAS) will spend $26 million — including $14.4 million from the federal and provincial governments — on a new system that will produce pulp by boiling wood chips instead of baking them with chemicals.
The process, described as the first in Canada and the second in the world, extracts hemicellulose, a natural polymer found in plant cell walls that can be converted to biofuel, ethanol and a natural sugar.
The biofuel could be used to heat the water, along with bark that is burned, reducing the plant’s energy costs.
Cascades CEO Mario Plourde said the investment will eliminate the use of sodium carbonate-based chemicals trucked into the plant, which is both ecologically and economically beneficial.
“It’s economical to operate this so I think it’s good news for our industry overall,” he said in an interview from Temiscouata-sur-le-lac, near Edmundston, N…
The company (TSX:CAS) will spend $26 million — including $14.4 million from the federal and provincial governments — on a new system that will produce pulp by boiling wood chips instead of baking them with chemicals.
The process, described as the first in Canada and the second in the world, extracts hemicellulose, a natural polymer found in plant cell walls that can be converted to biofuel, ethanol and a natural sugar.
The biofuel could be used to heat the water, along with bark that is burned, reducing the plant’s energy costs.
Cascades CEO Mario Plourde said the investment will eliminate the use of sodium carbonate-based chemicals trucked into the plant, which is both ecologically and economically beneficial.
“It’s economical to operate this so I think it’s good news for our industry overall,” he said in an interview from Temiscouata-sur-le-lac, near Edmundston, N…
Appetite for Cara shares exceeds Tim Hortons’ IPO
– theglobeandmail.com
Vaughan, Ont.-based company made its Toronto Stock Exchange debut Friday after a red-hot initial public offering that was about 20 times oversubscribed
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,388.43, up 62.12 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 1.54 per cent, to $2.64 on 16.5 million shares. A news report, later denied by a Quebec government minister, suggested the transportation giant was looking to either sell or spin off of its railway division in a deal that could be worth up to US$5 billion.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up 31 cents, or 0.79 per cent, to $39.68 on 9.7 million shares.
Mandalay Resources Corp, (TSX:MND). Miner. Up six cents, or 7.41 per cent, to 87 cents on 7.1 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up three cents, or 0.14 per cent, to $22.13 on 6.9 million shares.
Goldcorp Inc. (TSX:G). Miner. Up 63 cents, or 2.66 per cent, to $24.29 on 6.4 million shares.
Tethys Petroleum Limited (TSX:TPL). Oil and gas. Down five cents, or 45.45 per cent, to six cents on 5.7 million shares…
Toronto Stock Exchange (15,388.43, up 62.12 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 1.54 per cent, to $2.64 on 16.5 million shares. A news report, later denied by a Quebec government minister, suggested the transportation giant was looking to either sell or spin off of its railway division in a deal that could be worth up to US$5 billion.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up 31 cents, or 0.79 per cent, to $39.68 on 9.7 million shares.
Mandalay Resources Corp, (TSX:MND). Miner. Up six cents, or 7.41 per cent, to 87 cents on 7.1 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up three cents, or 0.14 per cent, to $22.13 on 6.9 million shares.
Goldcorp Inc. (TSX:G). Miner. Up 63 cents, or 2.66 per cent, to $24.29 on 6.4 million shares.
Tethys Petroleum Limited (TSX:TPL). Oil and gas. Down five cents, or 45.45 per cent, to six cents on 5.7 million shares…
Netflix hikes CEO’s 2014 compensation by 43 per cent to $11.1M as video service wins new fans
– canadianbusiness.com
SAN FRANCISCO – Netflix boosted CEO Reed Hastings’ pay by 43 per cent to $11.1 million last year as the Internet video service raised its prices and still added the most subscribers in its history.
The compensation package disclosed in a Friday regulatory filing included stock options valued at $8.1 million. Those options could end up being worth more or less depending on how Netflix Inc.’s stock fares during the next few years.
Hastings also received a $3 million salary.
Netflix raised its monthly rates by $1 for new U.S. subscribers in May while keeping them at $8 per month for existing customers.
The Los Gatos, California, company still ended last year with 57.4 million worldwide subscribers, a gain of 13 million from 2013. Netflix’s stock, though, fell by 7 per cent last year.
The post Netflix hikes CEO’s 2014 compensation by 43 per cent to $11.1M as video service wins new fans appeared first on Canadian Business.
The compensation package disclosed in a Friday regulatory filing included stock options valued at $8.1 million. Those options could end up being worth more or less depending on how Netflix Inc.’s stock fares during the next few years.
Hastings also received a $3 million salary.
Netflix raised its monthly rates by $1 for new U.S. subscribers in May while keeping them at $8 per month for existing customers.
The Los Gatos, California, company still ended last year with 57.4 million worldwide subscribers, a gain of 13 million from 2013. Netflix’s stock, though, fell by 7 per cent last year.
The post Netflix hikes CEO’s 2014 compensation by 43 per cent to $11.1M as video service wins new fans appeared first on Canadian Business.
