Snapchat parent passes big test: IPO above expectation – CTV News + MORE Mar 1st

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
 assets

Your RRSP and TFSA are your best allies in building financial security Aug 16th

If you’re over 18 and working, it’s time to start diverting some money into long-term savings to begin building financial security for your future. Pay the tax now in a TFSA, or pay the tax later in an RRSP. Even better? Contribute to both, Lesley-Anne Scorgie writes.... More »
 dividend

Did you manage to resist selling your stocks during the crash? Good. But now might be the time to do it Jun 23rd

The uncertainty over how the pandemic will play out and what the path to economic recovery will look like begs the question: What should you do with your investment portfolio now?.... More »
 stock

Frankie earns $53,000 but has a mountain of credit card debt. Can he ever climb out of this hole? Feb 20th

The 24-year-old Toronto writer says tracking his spending was a ‘wake-up call,’ but feels ‘it’s never too late’ to get his financial house back in order.... More »
 assets

Should I cash my RRSP to pay off my mortgage? + MORE Jan 15th

Ask MoneySense Is it a good idea to pay off my mortgage with my RRSP money and then put what my mortgage payment was back into the RRSP once I’ve paid it off? What are the pros and cons of this strategy to being mortgage free? –Mike Pay off a mortgage or keep investing with RRSPs? Payi.... More »
 earnings

Where to buy real estate in Canada in 2026: National overview + MORE Apr 27th

window.addEventListener("message",function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}});.... More »
The Bank of Canada is holding its trend-setting interest rate at 0.5 per cent _ but it’s keeping a watchful eye on “significant uncertainties” that it warns could alter the economy’s improving trajectory.
The central bank’s scheduled rate announcement Wednesday arrived as Canada tries to assess the direction of U.S. economic policy under President Donald Trump and the potential fallout from any changes he may bring.
The bank has said some U.S. proposals, which include tax cuts, a border tax and protectionist policies, would have “material consequences” for Canadian investment and exports.
In an unusually short statement Wednesday, the Bank of Canada used slightly stronger language when referring to U.S. uncertainties than it did in the news release that accompanied its last rate announcement on Jan. 18.
At that time, two days before Trump’s inauguration, the bank indicated that “uncertainty about the global outlook is undiminished, particularly with respect to policies in the United States…

Continue Reading On canadianbusiness.com »

North American stock markets soared a day after a speech by U.S. President Donald Trump before Congress in which he repeated plans to spur economic growth and cut taxes.

Continue Reading On cbc.ca »

A former director of U.S. President Donald Trump’s transition team says Canadian pension funds are well-placed to help rebuild America’s aging infrastructure.
Dan Slane says funds such as Quebec’s Caisse de depot have the expertise and deep pockets to partner with local U.S. funds to invest in projects such as airports, hospitals and transit.
Slane, who is not involved in the U.S. administration, told an infrastructure conference in Montreal on Wednesday that he was disappointed that Trump didn’t provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers.
However, he later told reporters that locking down global funding isn’t a problem, noting that sovereign wealth funds from Saudi Arabia, Japan and China are all looking to invest in projects.
Slane says he met with the Caisse de depot Tuesday to discuss its interest in expanding its global infrastructure investments…

Continue Reading On canadianbusiness.com »

OTTAWA — The Bank of Canada is holding its trendsetting interest rate at 0.5 per cent — but it’s keeping a watchful eye on “significant uncertainties” that it warns could alter the economy’s improving trajectory.
The central bank’s scheduled rate announcement comes as Canada tries to assess the direction of U.S. economic policy under President Donald Trump and the potential fallout from any changes he may bring.
The bank has said some U.S. proposals — which include tax cuts, a border tax and protectionist policies — would have material consequences for Canadian investment and exports.
In an unusually short statement, the Bank of Canada uses slightly stronger language when referring to U.S. uncertainties than it did in January.
The bank says improvements in recent data releases have been consistent with its projections and it expects fourth-quarter growth might have been slightly stronger than predicted.
However, on the downside, it says Canadian exports continue to face competitiveness challenges while the job market has seen weaker growth in wages and hours worked…

Continue Reading On moneysense.ca »

CTV NewsSnapchat parent passes big test: IPO above expectationCTV NewsNEW YORK — Snapchat parent Snap Inc. started its official bid to go public last Halloween. Now investors get to learn whether they're in for a trick or a treat. Snap passed its first major test on Wall Street on Wednesday, when the company priced its …Snap IPO: High price and big pop mean nothingMarketWatchSnap IPO lofts young company to $24B valuationThe Seattle TimesYou might own Snap's non-voting stock soon, like it or notLos Angeles TimesThe Australian Financial Review -CNBC -Fortune -USA TODAYall 364 news articles »

Continue Reading On Ctvnews.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!