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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How to Implement an Internal Coaching Program Jul 26th
In the spring of 2019, Kim Forseille, assistant vice-president of learning and development at Edmonton-based bank CWB Financial Group, learned from internal surveys and exit interviews that many workers were feeling stuck in their jobs. “People came to CWB because they wanted to progress in their .... More »
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5 phishing scams targeting young Canadians (and how not to fall for them) + MORE Apr 17th
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How to set money ground rules for boomerang kids and avoid conflict
– canadianbusiness.com
Certified financial planner Rona Birenbaum says it’s becoming common for her to walk clients through the emotionally fraught terrain of providing financial support to adult children returning home.
The Toronto-based founder of Caring for Clients attributes the growing phenomenon to a perfect storm of factors.
“The current generation of parents on the whole are more financially secure than the previous generation, and then couple that with their children for whom education has become a lot more expensive,” she says.
“They’re often graduating with debt and they’re also entering a workplace that is more challenging to access and with less certainty of income and benefits.”
Data from the National Household Survey bears this out. In 2011, 42 per cent of the 4.3 million young adults aged 20 to 29 lived with their parents compared with 27 per cent in 1981.
Birenbaum says the difference between a parent assisting a child through a short-term transition versus enabling them to remain mired in dependence boils down to a mature dialogue and defined objectives…
The Toronto-based founder of Caring for Clients attributes the growing phenomenon to a perfect storm of factors.
“The current generation of parents on the whole are more financially secure than the previous generation, and then couple that with their children for whom education has become a lot more expensive,” she says.
“They’re often graduating with debt and they’re also entering a workplace that is more challenging to access and with less certainty of income and benefits.”
Data from the National Household Survey bears this out. In 2011, 42 per cent of the 4.3 million young adults aged 20 to 29 lived with their parents compared with 27 per cent in 1981.
Birenbaum says the difference between a parent assisting a child through a short-term transition versus enabling them to remain mired in dependence boils down to a mature dialogue and defined objectives…
New agency aims to attract foreign investment to Greater Toronto Area
– theglobeandmail.com
Toronto Global, a government-funded agency that cost $19.5-million over three years, hopes to encourage foreign businesses to invest in the region
Slate Asset Management launches real estate fund
– theglobeandmail.com
The new private fund’s first acquisition is a $200-million portfolio of office buildings in Calgary
Snap Inc., owner of popular messaging service Snapchat, made many of its financial details public for the first time on Thursday as it prepared to raise up to $3 billion US in an initial public offering.
Snapchat parent files for $3-billion IPO as era of secrecy ends
– theglobeandmail.com
Snap plans to raise as much as $4-billion in the IPO, people familiar with the matter have said, for a market value of as much as $25-billion
