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
Canadian firms still positive about future, but some see moderation ahead: central bank + MORE Apr 9th
Firms remain upbeat about future sales, business investment and hiring — but some are predicting a moderation following last year's red-hot pace, according to the Bank of Canada's latest business outlook survey..... More »
Tesla shares bounce - Business News - Castanet.net May 24th
Tesla shares bounce - Business News Castanet.netElon Musk says Tesla is on track to hit record-high car deliveries MobileSyrupTesla on course to make record deliveries in second quarter, leaked Musk e-mail says The Globe and MailOnce Bullish Tesla Stock Analyst Revea.... More »
Federal public service asked to consider return to remote work - CBC.ca + MORE Dec 16th
Federal public service asked to consider return to remote work CBC.caCIBC, National Bank ask employees to work remotely as Omicron worries grow CTV NewsBank of Montreal Asks Investment Bankers to Work From Home BloombergHeading back to the office? Not so fast. Many o.... More »
“Why do I need a financial plan?” + MORE Oct 6th
I am in my early 50s, have a steady job, I’m not a big spender, and I make RRSP contributions. Why would I need a financial plan? I don’t see how it could help me.—Tom
What is financial planning?
To answer your question—and it’s a good one!—let’s think about why people get a fina.... More »
Canadian Tire’s stock – and dividend – are on a roll + MORE Feb 14th
The stock’s modest yield often gets short shrift, but the retailer has built a solid record of dividend growth
.... More »
The truth about condo vacancy rates in Toronto
– moneysense.ca
(Kevin Van Paassen/The Globe and Mail/CP)As Toronto condos go, a cramped unit on the 52nd floor of a newly built downtown tower is as good a place as any to pick apart one of the most oft-repeated real estate stats in Canada’s largest city: the ultra-tight vacancy rate of little more than one per cent. You hear it all the time, on the lips of every condo buyer and regurgitated in real estate reports. It’s one of the reasons a growing number of developers say they’re shifting gears from building condos to building rentals. But like all statistics emanating from Canada’s clubby real estate industry, this one should be taken with a grain of salt—especially since investors are a huge source of demand driving frothy condo markets here and across the country.
Rachelle Berube, a property manager who oversees several hundred rental properties in Toronto, is showing me the unit—located in a building at 12 York St. marketed as the “Ice Condos”—which she’d tried for weeks to rent out on behalf of the condo’s owner…
Energy sector pushes TSX higher – Toronto Star
– news.google.ca
The Globe and MailEnergy sector pushes TSX higherToronto StarThe Toronto Stock Exchange closed higher on the strength of the energy sector as traders weighed the possibility of further oilpatch mergers in the wake of Royal Dutch Shell's proposed multibillion-dollar acquisition of BG Group. The S&P/TSX composite …Canadian stock market extends gains as oil reboundsXinhuaThe close: TSX rises on strength in energy sectorThe Globe and MailOil gains help TSX close at highest since SeptemberReuters CanadaReuters -Stockhouseall 52 news articles »
LinkedIn to buy online learning company Lynda.com for $1.5 billion, its biggest deal yet
– canadianbusiness.com
NEW YORK, N.Y. – LinkedIn is buying Lynda.com for about $1.5 billion in a cash-and-stock deal, adding the online learning and professional development company to its professional networking offerings.
Mountain View, California-based LinkedIn said Thursday that it will pay for the Carpinteria, California-based company with a combination of 52 per cent cash and 48 per cent stock. The deal is expected to close during the second quarter. It is by far LinkedIn’s largest acquisition so far, and one that should help the 12-year-old company expand its audience and the market it serves.
“We believe this deal makes a lot of sense for the leading professional network, since it would empower employees/subscribers to develop or further refine their skills (instead of simply reporting them on a profile page),” wrote Cantor Fitzgerald analyst Youssef Squali in a note to investors.
LinkedIn’s key focus is online professional networking. Lynda.com is a subscription service that allows members to access courses taught by experts, in multiple languages…
Mountain View, California-based LinkedIn said Thursday that it will pay for the Carpinteria, California-based company with a combination of 52 per cent cash and 48 per cent stock. The deal is expected to close during the second quarter. It is by far LinkedIn’s largest acquisition so far, and one that should help the 12-year-old company expand its audience and the market it serves.
“We believe this deal makes a lot of sense for the leading professional network, since it would empower employees/subscribers to develop or further refine their skills (instead of simply reporting them on a profile page),” wrote Cantor Fitzgerald analyst Youssef Squali in a note to investors.
LinkedIn’s key focus is online professional networking. Lynda.com is a subscription service that allows members to access courses taught by experts, in multiple languages…
Canadian oil patch firms prepare for long-term recovery
– theglobeandmail.com
Some companies operating out of Alberta are still making solid profits from low-cost assets while trying to retain their assets
SNC-Lavalin CEO earned $5 million in 2014 despite asking for no bonus
– canadianbusiness.com
MONTREAL – SNC-Lavalin CEO Robert Card earned nearly $5 million in compensation last year despite not being paid a bonus because of the engineering and construction company’s weak financial performance.
“In light of these disappointing financial results, the CEO requested to forgo the bonus he would have otherwise been entitled to receive for 2014 and the board has accepted his request,” the head of the board’s human resources committee said in a letter to shareholders included in its proxy circular filed Thursday.
As a result, Card’s total compensation decreased 11.4 per cent to $4.96 million from $5.6 million the previous year.
His base salary increased four per cent to $975,775 and share-based awards doubled to $3.8 million. However, he received no options or bonus. In 2013, the value of options awarded totalled $1.98 million and he received a $576,500 bonus.
Other compensation fell to $195,155 from $216,891.
The Montreal-based company (TSX:SNC) earned $1…
“In light of these disappointing financial results, the CEO requested to forgo the bonus he would have otherwise been entitled to receive for 2014 and the board has accepted his request,” the head of the board’s human resources committee said in a letter to shareholders included in its proxy circular filed Thursday.
As a result, Card’s total compensation decreased 11.4 per cent to $4.96 million from $5.6 million the previous year.
His base salary increased four per cent to $975,775 and share-based awards doubled to $3.8 million. However, he received no options or bonus. In 2013, the value of options awarded totalled $1.98 million and he received a $576,500 bonus.
Other compensation fell to $195,155 from $216,891.
The Montreal-based company (TSX:SNC) earned $1…
