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 much does life insurance cost in Canada? + MORE Mar 22nd
Life insurance is often touted as the financial safety net we all need, but what if it’s an added expense you’re not sure you can afford? If that’s your thinking, you’re far from alone—a 2019 study showed that most Canadians are underinsured, with 49% having never purchased life insurance.... More »
'An insult': Wood manufacturer unimpressed by $12M investment in B.C. forestry in face of U.S. tariffs - CBC May 15th
'An insult': Wood manufacturer unimpressed by $12M investment in B.C. forestry in face of U.S. tariffs CBCSee more headlines & perspectives on Google News.... More »
Weekend Reading – Trump inauguration, investing risk, top-10s, Fortis and #money stuff + MORE Jan 20th
Save, invest, prosper with My Own Advisor.
After 12 months of campaigning, mudslinging, attack ads, apologies – and oh yes, an election – the day (we’ve all feared?!) is finally here – Donald Trump’s inauguration.
Let the roller-coaster ride begin!
Actually, I have a plan in place for this.... More »
Do you need a planner if you’re a DIY investor? May 21st
In today’s digital age, there’s an increasing number of Canadians who choose do-it-yourself investing. Online brokerages and low-cost trading platforms allowed for a new style of investing to emerge: a new generation of DIYers. We’ve seen a shift in the financial planning industry. Well, self-.... More »
The best TFSAs in Canada for 2026 + MORE Jan 30th
Featured TFSA Accounts
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EQ Bank TFSA Savings Account
Earn 1.50% tax-free on your cash savings.
Go to site
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.... More »
Notable & Quotable: Oxfam
– online.wsj.com
‘Is it really true that the bottom 50% of the world’s population accounts for only 0.16% of the wealth on the planet?’The right way to cut politicians’ pay
– macleans.ca
Edmonton Mayor Don Iveson speaks during an announcement that Rogers Communications bought the naming rights for the new hockey arena in Edmonton December 3, 2013. (Dan Riedlhuber/Reuters)In 1932, during the depths of the Great Depression, baseball great Babe Ruth demanded an extension of his record-breaking $80,000 a year salary with the New York Yankees. When a sports writer pointed out such a sum was more than U.S. president Herbert Hoover earned, the Babe replied, “I had a better year than he did.”
You could say the same thing about Edmonton Mayor Don Iveson and Edmonton Oiler Connor McDavid. While McDavid is currently leading the NHL scoring race and has the Oilers positioned for the playoffs for the first time in a decade (all for $3.7 million a year), Iveson presides over a city still reeling from the collapse in oil prices and a shrinking provincial economy. As a result, his worship has seen his salary drop by nearly $4,000. I think we know who’s having the better year.
In an intriguing quirk of policy, city council salaries in Edmonton are calculated based on changes to provincial average weekly earnings over the previous year…
Steven Mnuchin’s ‘predatory’ past at the top of Democrats' hearing priorities
– theglobeandmail.com
Donald Trump’s Treasury Secretary nominee is expected to face tough questions over the role his bank played in foreclosing on Americans’ homes during the financial crisis
Indexers take note: The Dow is now beating the S&P 500
– theglobeandmail.com
Dow Jones industrial average’s bias toward financials and industrials and rising bond yields make ETFs that track the blue-chip index a better buy
Loonie loses nearly a full cent after Poloz says rate cut still ‘on the table’
– canadianbusiness.com
TORONTO _ The Canadian dollar plunged almost a full cent Wednesday following the Bank of Canada governor’s comments that a cut in the interest rate “remains on the table.”
The loonie was down 0.98 of a U.S. cent to 75.60 cents US just before 1 p.m. ET.
The currency began to weaken during a news conference by Stephen Poloz, where the central bank governor said an interest rate cut was possible if the economy deteriorates amid uncertainty surrounding U.S. president-elect Donald Trump’s policies.
As expected, the rate was unchanged at 0.5 per cent, where it has remained since July 2015.
The Bank of Canada also released its monetary policy report, in which it warned there would be “material consequences” for trade if protectionist policies under Trump come into effect.
North American stock markets are were mostly flat, with the Toronto Stock Exchange’s S&P/TSX composite index falling five points at 15,436.36 in early afternoon trading.
In New York, the Dow Jones industrial average was down a moderate 48…
The loonie was down 0.98 of a U.S. cent to 75.60 cents US just before 1 p.m. ET.
The currency began to weaken during a news conference by Stephen Poloz, where the central bank governor said an interest rate cut was possible if the economy deteriorates amid uncertainty surrounding U.S. president-elect Donald Trump’s policies.
As expected, the rate was unchanged at 0.5 per cent, where it has remained since July 2015.
The Bank of Canada also released its monetary policy report, in which it warned there would be “material consequences” for trade if protectionist policies under Trump come into effect.
North American stock markets are were mostly flat, with the Toronto Stock Exchange’s S&P/TSX composite index falling five points at 15,436.36 in early afternoon trading.
In New York, the Dow Jones industrial average was down a moderate 48…
