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
How life insurance brokers get paid Mar 25th
A life insurance broker gets paid to provide you with the best life insurance coverage for your needs. But how does the process work? To answer that, we’ve outlined what insurance brokers do, how insurance brokers get paid (by you and/or the provider?), and how to spot a great broker, so you can e.... More »
Stock news for investors: Mixed fortunes for Lululemon, Couche-Tard, and Power Corp Mar 20th
Here’s a round-up of news for Canadian investors this week.
Lululemon
Alimentation Couche-Tard
Power Corp. of Canada
Featured RRSP Accounts
featured
EQ Bank
Build your retireme.... More »
Scotiabank hikes dividend as profit beats expectations + MORE Feb 27th
The Bank of Nova Scotia raised its dividend Tuesday as it reported better-than-expected adjusted profit of roughly $2.275 billion for its first quarter, with strong earnings internationally as well as at home..... More »
How Did TIFF’s Lightbox Become Its Money Pit? + MORE Apr 30th
You don’t notice what’s missing at first. Toronto’s TIFF Lightbox—that unassuming glass grid, dwarfed by the enormous monolithic condo protruding from the top of it—still looks the same. Inside the five-storey space is a surprising 16,000 square metres containing five cinemas, a screen.... More »
Canada’s mortgage market might be a cesspool, the federal government just warned + MORE Apr 6th
This post originally appeared at Better Dwelling. Stephen Punwasi is co-founder and chief data nerd at Better Dwelling.
Bank executives are all of a sudden very vocal about foreign buyers. Strange timing, since a branch of the Government of Canada quietly dropped a report expressing concerns regardi.... More »
Los Angeles TimesSeveral major retailers ban sales of Confederate flagLos Angeles TimesA growing number of retailers are halting sales of the Confederate flag and related merchandise in reaction to its image as a symbol of racial hate, burnished by photos of the man accused of gunning down nine African Americans in a Charleston, S.C., church.Not so fast? Haley could face tough battle in push to remove Confederate flagFox NewsMajor US flag makers to stop making Confederate flagsTimes of IndiaAs Retailers Move to Halt Confederate Flag Sales, Some Buyers Stock UpNew York TimesWashington Post (blog) -Reuters -Boston Heraldall 8,692 news articles »
Sleep Country to seek $200-million in IPO
– theglobeandmail.com
The ompany aims to sell its shares at $14 to $16 a piece, according to the filings
Canadians unwilling to drop bad spending habits
– moneysense.ca
(Getty Images – Betsy Van Der Meer)For the many Canadians, improving their financial situation is just wishful thinking.
According to a new survey by BMO Bank of Montreal, while 88% of Canadians said that they would like to better the state of their finances, a third said they’re not willing to make the sacrifices to do so.
However, this stubborn attitude isn’t preventing more than a third of Canadians from regretting past money mistakes. Around 37% of participants regret spending outside of their means, while 36% lament making impulse purchases.
READ: Student debt-free in just 2 years »
So what’s the cause of their fiscal woes? Around 38% blame bad spending and saving habits for negatively affecting their finances.
In fact, 17% say they have actually felt ashamed or embarrassed by the state of their financial situation and 13% have avoided glancing at their statements or bills altogether.
READ: How to pay off the mortgage in just six years »
“Without healthy routines it’s easy for people to develop a negative relationship with their financial situation, but that doesn’t mean there aren’t ways to change things for the better,” BMO’s Christine Canning said in a press release…
Netflix will execute a seven-for-one stock split next month in a widely anticipated move designed to make the internet video service’s shares more affordable to a bigger pool of investors.
Netflix adopts 7-for-1 stock split in move designed to make shares more affordable
– canadianbusiness.com
SAN FRANCISCO – Netflix will execute a seven-for-one stock split next month in a widely anticipated move designed to make the Internet video service’s shares more affordable to a bigger pool of investors.
The split has been expected since Netflix stockholders voted two weeks ago to authorize the company to substantially increase the number of its outstanding shares. Netflix hadn’t specified the size or timing of the split until Tuesday.
The split will award six additional shares for every share held by Netflix stockholders as of July 2.
When the split occurs July 14, the price of Netflix’s stock will drop sharply to account for the issuance of the additional shares.
Netflix’s stock would fall below $100 if the split were to occur at the stock’s Tuesday closing price of $681.19.
The post Netflix adopts 7-for-1 stock split in move designed to make shares more affordable appeared first on Canadian Business – Your Source For Business News.
The split has been expected since Netflix stockholders voted two weeks ago to authorize the company to substantially increase the number of its outstanding shares. Netflix hadn’t specified the size or timing of the split until Tuesday.
The split will award six additional shares for every share held by Netflix stockholders as of July 2.
When the split occurs July 14, the price of Netflix’s stock will drop sharply to account for the issuance of the additional shares.
Netflix’s stock would fall below $100 if the split were to occur at the stock’s Tuesday closing price of $681.19.
The post Netflix adopts 7-for-1 stock split in move designed to make shares more affordable appeared first on Canadian Business – Your Source For Business News.
