Report: Canada, Hong Kong and China most at risk of new financial crisis + MORE Mar 12th

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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Economy grew by 0.4% in February as oil sector expanded while real estate shrank May 1st

Canada's gross domestic product grew by 0.4 per cent in February, as 15 of 20 sectors expanded, led by a rebound in oil and gas..... More »

In the #MeToo era, ethics training gains urgency Mar 22nd

Leadership and morality have been part of business education for decades but the relevancy has increased in wake of financial, harassment and ‘bro culture’ scandals .... More »

TD, RBC second-quarter profit bump helped by rising rates, macro environment May 24th

Two of Canada's biggest banks reported second-quarter earnings Thursday that benefited from bigger profit margins on the back of rising interest rates, though the bump could be less pronounced in coming quarters as pressure mounts for banks to raise the interest rates they pay on dep.... More »

Roots shares rise after retailer tops expectations for latest quarter Apr 18th

Roots Corp. shares jumped Wednesday to their highest levels since they were listed publicly last year, after the Canadian clothing company's sales and adjusted earnings topped analyst estimates in its latest quarter..... More »

Bought bitcoin in 2017? Here's how cryptocurrency is taxed in Canada Apr 21st

So, you read all the headlines in 2017 about the millions of dollars to be made in cryptocurrencies, and you took the investment plunge. Don't even think about hiding that digital stash from the Canada Revenue Agency, experts warn..... More »
TORONTO _ Canadians’ collective household debt has climbed to $1.8 trillion as an international financial group sounds an early warning that the country’s banking system is at risk from rising debt levels.
Equifax Canada says consumers now owe $1.821 trillion including mortgages as of the fourth-quarter of 2017, marking a six per cent increase from a year earlier.
Although nearly half of Canadians reduced their personal liabilities, roughly 37 per cent added to their debt to push the average amount up 3.3 per cent to $22,837 per person, not including mortgages.
The fresh numbers come as an international financial group owned by the world’s central banks says Canada’s credit-to-gross-domestic-product and debt-service ratios show early warning signs of potential risk to the banking system in the coming years.
The latest report by the Bank of International Settlements says Canada’s credit-to-GDP gap and debt-service ratios have surpassed critical thresholds and are signalling red, pointing to vulnerabilities…

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Joseph Papa and chief financial officer Paul Herendeen, who both received large upfront equity awards when they were hired in 2016, will instead get smaller annual grants

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A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web

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