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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Welcome to some Weekend Reading folks, and thanks for the great feedback on the site recently from readers, it is very much appreciated. I’ve recently topped 3,000 Followers on Twitter and we’re getting close to averaging 55,000 pageviews per month on this site, so again, thanks for the support and sharing this site with others.
Earlier this week I answered some questions investors simply don’t ask themselves and I nailed a few predictions year-to-date in this financial predictions update.
Enjoy these great articles from the week that was and I’ll be back next week with more cool articles.
Chantal Marr shared what your life insurance broker may not be telling you.
Larry MacDonald has launched his own site and provides an update on the One-Minute Portfolio here. There is beauty in simplicity for this portfolio.
Garth Turner weighed in (again) on the perfect storm brewing for Canadian real estate…
Welcome to some Weekend Reading folks, and thanks for the great feedback on the site recently from readers, it is very much appreciated. I’ve recently topped 3,000 Followers on Twitter and we’re getting close to averaging 55,000 pageviews per month on this site, so again, thanks for the support and sharing this site with others.
Earlier this week I answered some questions investors simply don’t ask themselves and I nailed a few predictions year-to-date in this financial predictions update.
Enjoy these great articles from the week that was and I’ll be back next week with more cool articles.
Chantal Marr shared what your life insurance broker may not be telling you.
Larry MacDonald has launched his own site and provides an update on the One-Minute Portfolio here. There is beauty in simplicity for this portfolio.
Garth Turner weighed in (again) on the perfect storm brewing for Canadian real estate…
3.5 year – 2.30%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online.
AutoCanada: 2015 will be challenging as oil’s decline erodes buyers’ confidence
– canadianbusiness.com
EDMONTON – The country’s largest publicly traded car dealership, Edmonton-based AutoCanada Inc. (TSX:ACQ), says 2014 was a very good year but 2015 will be challenging because of the troubles besetting the oil and gas industry.
AutoCanada said its fourth-quarter revenue nearly doubled to $653.5 million from $319.7 million and its adjusted net earnings rose by 47.8 per cent to $13.3 million, or 54 cents per share.
For the full year ended Dec. 31, AutoCanada’s revenue was up 57.2 per cent or $805.7 million to $3.2 billion, while adjusted net earnings increased by $13.6 million or 35.8 per cent to $51.6 million.
However, AutoCanada said the latter half of December and first two months of 2015 have been challenging for the company, especially in Western Canada, due to the economic impact of lower oil and gas prices.
It says vehicle sales in early 2015 have been significantly lower than forecasts and margins have been narrower — not only because of lower consumer confidence in the West but also record snowfall in the Maritimes…
AutoCanada said its fourth-quarter revenue nearly doubled to $653.5 million from $319.7 million and its adjusted net earnings rose by 47.8 per cent to $13.3 million, or 54 cents per share.
For the full year ended Dec. 31, AutoCanada’s revenue was up 57.2 per cent or $805.7 million to $3.2 billion, while adjusted net earnings increased by $13.6 million or 35.8 per cent to $51.6 million.
However, AutoCanada said the latter half of December and first two months of 2015 have been challenging for the company, especially in Western Canada, due to the economic impact of lower oil and gas prices.
It says vehicle sales in early 2015 have been significantly lower than forecasts and margins have been narrower — not only because of lower consumer confidence in the West but also record snowfall in the Maritimes…
BMO takes energy investment bankers poached by UBS AG to court
– theglobeandmail.com
Investment bank worries confidential documents were taken from its servers
Spain’s Banco Sabadell sees its $2.6 billion cash offer for TSB bank accepted
– canadianbusiness.com
LONDON – TSB, Britain’s seventh largest bank, has accepted a 1.7 billion-pound ($2.6 billion) cash offer from Spain’s Banco Sabadell.
The bank was spun off as part of the 20-billion pound recovery plan to bail out Lloyds Banking Group from the 2008 financial crisis. Shareholders will receive 340 pence a share.
Lloyds said Friday it has agreed to sell its entire 50 per cent stake. The deal is conditional on regulatory approval.
Barcelona-based Sabadell said it was attracted by a U.K. banking market with “a well-defined and stable regulatory framework, consistent profitability and good future growth prospects.”
Investors who bought TSB at its offer price nine months ago at 260 pence received a 31 per cent premium.
The post Spain’s Banco Sabadell sees its $2.6 billion cash offer for TSB bank accepted appeared first on Canadian Business.
The bank was spun off as part of the 20-billion pound recovery plan to bail out Lloyds Banking Group from the 2008 financial crisis. Shareholders will receive 340 pence a share.
Lloyds said Friday it has agreed to sell its entire 50 per cent stake. The deal is conditional on regulatory approval.
Barcelona-based Sabadell said it was attracted by a U.K. banking market with “a well-defined and stable regulatory framework, consistent profitability and good future growth prospects.”
Investors who bought TSB at its offer price nine months ago at 260 pence received a 31 per cent premium.
The post Spain’s Banco Sabadell sees its $2.6 billion cash offer for TSB bank accepted appeared first on Canadian Business.
