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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Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Here are five things to look for in Canadian business this week:
Electric cars: On Monday in Halifax, Canadian experts on what’s known as transportation electrification kick off a three-day gathering. They’re meeting to discuss the latest technology and trends and to share ideas on how to boost the number of electric vehicles in Canada.
Energy: Canada 2020 hosts a panel discussion on global energy in Ottawa on Monday. Speakers will include the former special energy adviser to Hillary Clinton when she was U.S. secretary of state. The State Department will make the ultimate decision on the fate of TransCanada’s Keystone XL pipeline, so the project is sure to be a topic of discussion.
Big banks: Canada’s Big Five banks report their second-quarter results this week, starting Wednesday with the Bank of Montreal. That’s followed by earnings from the CIBC, the Royal Bank and TD on Thursday. The week wraps up with Scotiabank reporting on Friday.
Rate announcement: Bank of Canada governor Stephen Poloz is widely expected to stand pat on his key interest rate Wednesday, but the tone of the central bank’s statement will be scrutinized for any signs about the timing of future changes…
Electric cars: On Monday in Halifax, Canadian experts on what’s known as transportation electrification kick off a three-day gathering. They’re meeting to discuss the latest technology and trends and to share ideas on how to boost the number of electric vehicles in Canada.
Energy: Canada 2020 hosts a panel discussion on global energy in Ottawa on Monday. Speakers will include the former special energy adviser to Hillary Clinton when she was U.S. secretary of state. The State Department will make the ultimate decision on the fate of TransCanada’s Keystone XL pipeline, so the project is sure to be a topic of discussion.
Big banks: Canada’s Big Five banks report their second-quarter results this week, starting Wednesday with the Bank of Montreal. That’s followed by earnings from the CIBC, the Royal Bank and TD on Thursday. The week wraps up with Scotiabank reporting on Friday.
Rate announcement: Bank of Canada governor Stephen Poloz is widely expected to stand pat on his key interest rate Wednesday, but the tone of the central bank’s statement will be scrutinized for any signs about the timing of future changes…
No Hype, The Straight Goods on Investing Your Money, 3rd edition, by Gail Bebee
– http://canadianfinancialdiy.blogspot.ca
Short, simple, straightforward and sensible. That’s No Hype in nutshell. As an entry level book specifically for Canadians, it covers all the key financial products, services, principles and issues. There’s not a huge difference with previous edition (see my review of the 2nd edition), the changes have mostly been updates of data and available investments, which is important since Bebee provides a number of useful model portfolios with specific suggested ETF, mutual fund and stock holdings. Updating is a never-ending and always imperfect task since the instant the writing and editing is done, things begin to go out of date and indeed that is already evident in a few minor spots (e.g. Shoppers Drug Mart got bought out and is no longer traded, the website address of the Financial Planners Standards Council is wrong) but the trade-off of greater specificity of the book vs correct vagueness is well worth it.All in all, still the unique basic go-to book for investing basics in a Canadian context…
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