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
5.5 year - 2.60% + MORE Oct 17th
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online..... More »
Making sense of the markets this week: November 27, 2022 Nov 25th
This week, Cut the Crap Investing founder, Dale Roberts, shares financial headlines and offers context for Canadian investors.
It’s wonderful to be back writing “Making sense of the markets this week” at MoneySense. I am gladly filling in for a few weeks while Kyle Prevost is away on a drea.... More »
3 financial goals to kick-start the new year Jan 16th
Over the holidays, many Canadians made new year’s resolutions related to their career, health and family. If you haven’t added any financial goals to your list, now is the perfect time. Let’s look at three things you can do that could significantly impact your financial well-being this year—.... More »
Business Highlights + MORE Dec 5th
___
These retailers could use some holiday cheer
NEW YORK (AP) — The holiday shopping season is always a make-or-break period for struggling retailers.
But this year, the fight to grab shoppers has intensified, making it difficult for stores to use the season that accounts for about 20 per cent of.... More »
Electronic signatures to be accepted in Ontario real estate deals + MORE Jun 29th
Ontario home buyers and sellers will soon be allowed to provide electronic signatures on real estate documents..... More »
Sears Holdings 1st-quarter loss widens as its sales continues to drop
– canadianbusiness.com
HOFFMAN ESTATES, Ill. – Sears’ first-quarter loss widened as the beleaguered retailer’s sales declined amid its ongoing struggle to attract shoppers.
Sears Holdings Corp. — which operates Kmart and its namesake stores — has been cutting costs, reducing inventory and selling assets to return to profit. At the same time, it’s shifting away from its focus on running a store network into a member-focused business.
The latest results show the heavy challenges that remain.
Chairman and CEO Edward Lampert said in a statement on Thursday that Sears is seeing progress in its shift to a member-focused business, with first-quarter member sales comprising 74 per cent of eligible sales — the highest level ever.
The executive said the biggest drag on sales has occurred in the consumer electronics businesses at its Kmart and Sears stores.
The Hoffman Estates, Illinois-based company lost $402 million, or $3.79 per share, for the period ended May 3. That compares with a loss of $279 million, or $2…
Sears Holdings Corp. — which operates Kmart and its namesake stores — has been cutting costs, reducing inventory and selling assets to return to profit. At the same time, it’s shifting away from its focus on running a store network into a member-focused business.
The latest results show the heavy challenges that remain.
Chairman and CEO Edward Lampert said in a statement on Thursday that Sears is seeing progress in its shift to a member-focused business, with first-quarter member sales comprising 74 per cent of eligible sales — the highest level ever.
The executive said the biggest drag on sales has occurred in the consumer electronics businesses at its Kmart and Sears stores.
The Hoffman Estates, Illinois-based company lost $402 million, or $3.79 per share, for the period ended May 3. That compares with a loss of $279 million, or $2…
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
RBC profit climbs 15% on strong domestic lending, capital markets
– theglobeandmail.com
Earnings get boost from wealth management and capital markets arms
90 days – 1.60%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
Couillard cuts social programs, warns of tough times ahead for Quebec – The Globe and Mail
– news.google.ca
Vancouver SunCouillard cuts social programs, warns of tough times ahead for QuebecThe Globe and MailIn his first address to the National Assembly as Premier, Philippe Couillard warned tough times are ahead as Quebec seeks to put its financial house in order. In the end, the sacrifice will pay off though with more jobs and lower taxes, he promised. For the first …Analysis: Couillard sets stage for turbulent transitionMontreal GazettePrepare for belt-tightening, Premier Philippe Couillard tells QuebecersCTV NewsQuebec Premier Couillard vows to review corporate subsidies, cut spendingFinancial PostCBC.ca -Vancouver Sunall 55 news articles »
