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
The best GIC rates in Canada for 2024 + MORE Jun 3rd
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare now
Why trust us
MoneySense is an award-winning magazine,.... More »
Is life insurance taxable in Canada? Mar 20th
Life insurance is essentially buying peace of mind. You’re helping your loved ones deal with the financial impact of your death and hopefully mitigating some of the accompanying stress and emotional turmoil. But what happens after your loved ones receive their inheritance? Is life insurance taxabl.... More »
Why it seems like you can never get ahead (Hint: It’s not your streaming subscription) Mar 25th
“It’s the economy, stupid.” So said Clinton strategist James Carville in 1992 about the primary concern of American voters, but it could just as believably be about today’s Canadians. According to 2025 numbers by market research company Ipsos, 23% consider inflation and cost of living to be .... More »
What Must You Consider Before Adopting the Perfect Trading Strategy + MORE Jan 27th
Any financial instrument traded in any market will present two requirements that investors must follow if they hope to take profits: proper money management and a reasonable trading strategy. In the case of forex trading, finding a comfortable trading strategy is a matter of researching, testing and.... More »
Cenovus reaches agreement to sell Suffield assets for $512 million + MORE Sep 26th
CALGARY _ The CEO of Cenovus Energy Inc. (TSX:CVE) says it is “right on target” with its asset sales plan after announcing a deal Monday to sell its Suffield oil and gas operations in southern Alberta to International Petroleum Corp. (TSX:IPCO) for $512 million in cash.
The package, whic.... More »
Eye on Shorts: What bearish investors are betting against
– theglobeandmail.com
Short position highlights are provided by TSX Datalinx.
Pelosi calls Trump's plan to dismantle financial regulations a 'massive con' and vows to fight it – Los Angeles Times
– news.google.ca
Los Angeles TimesPelosi calls Trump's plan to dismantle financial regulations a 'massive con' and vows to fight itLos Angeles TimesHouse Democratic Leader Nancy Pelosi vowed Monday to fight what she called President Trump 's “massive con” to dismantle the Dodd-Frank financial law. Pelosi said House Democrats would take their case to the public to try to stop Trump from removing …Kremlin wants apology from Fox News over Putin 'killer' commentsThe Globe and MailHere's what could sink the Trump-Putin relationshipDaily MailWe can't let Trump go down Putin's pathWashington PostThe Atlantic -NBCNews.com -ABC Online -Bloombergall 796 news articles »
Toronto listed Ithaca Energy gets friendly takeover bid from Israel’s Delek Group
– canadianbusiness.com
Ithaca Energy Inc.’s board is recommending that its shareholders accept a friendly takeover bid from Delek Group Ltd., which is offering to pay C$681 million cash to buy all the Ithaca stock it doesn’t already own.
Ithaca’s main focus is on North Sea oil and gas. Delek, which is developing natural gas reserves in the eastern Mediterranean Sea, already owns 19.7 per cent of Ithaca.
Delek is offering C$1.95 cash per Ithaca share (TSX:IAE), which is 12 per cent above the Friday closing price of C$1.74 on the Toronto Stock Exchange.
In London, where Ithaca shares are also listed, the stock is up about 10 per cent this morning. On the Tel Aviv stock market, Delek shares are up about one per cent.
One condition of the offer is that Delek acquire at least half of the stock that it doesn’t already own, giving it at least 40 per cent equity interest in Ithaca.
All of Ithaca’s directors and officers have agreed to tender their shares, representing 2.6 per cent of Ithaca’s total outstanding stock…
Ithaca’s main focus is on North Sea oil and gas. Delek, which is developing natural gas reserves in the eastern Mediterranean Sea, already owns 19.7 per cent of Ithaca.
Delek is offering C$1.95 cash per Ithaca share (TSX:IAE), which is 12 per cent above the Friday closing price of C$1.74 on the Toronto Stock Exchange.
In London, where Ithaca shares are also listed, the stock is up about 10 per cent this morning. On the Tel Aviv stock market, Delek shares are up about one per cent.
One condition of the offer is that Delek acquire at least half of the stock that it doesn’t already own, giving it at least 40 per cent equity interest in Ithaca.
All of Ithaca’s directors and officers have agreed to tender their shares, representing 2.6 per cent of Ithaca’s total outstanding stock…
