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
10 years after expropriation, Abitibi waste still in the ground Jan 13th
Ten years ago, when Abitibi Consolidated announced it was closing its Grand Falls-Windsor paper mill, the Danny Williams government reacted by expropriating the company's assets..... More »
Time to let the world know Canada is a financial giant + MORE Dec 11th
While the prominence of our financial sector continues to grow, it is noteworthy that it is also very often underestimated on the international stage
.... More »
Apple eases App Store rules to allow for outside links to paid subscriptions - CBC.ca + MORE Sep 2nd
Apple eases App Store rules to allow for outside links to paid subscriptions CBC.caApple to allow 'reader' apps like Netflix to offer account setup and management links in-app MobileSyrupApple plans to loosen App Store payment policy Japan TodayApple offers small con.... More »
Save for your child’s education or you might live to regret it Jul 5th
An RESP provides for tax-deferred investment growth and is a fantastic tool that allows a parent, grandparent, friend or legal guardian to save money for a child’s post-secondary education..... More »
Jefferies poaches RBC senior bankers in expansion drive + MORE Jan 9th
Dai Clement will become global head of power, utilities and infrastructure investment banking at Jefferies
.... More »
Suncor earnings surge as oil demand edges higher
– theglobeandmail.com
Suncor said after markets closed that net earnings for the three months ended Sept. 30 were $1.3-billion, or 78 cents per share
Consumers lose chance to sue banks in win for Wall Street
– canadianbusiness.com
Call it a win for “the swamp.”
President Trump and Republicans in Congress handed Wall Street banks a big victory by effectively killing off a politically popular rule that would have allowed consumers to band together to sue their banks.
The 51-50 vote in the Senate, with Vice-President Mike Pence casting the deciding vote, means bank customers will still be subject to what are known as mandatory arbitration clauses. These clauses are buried in the fine print of nearly every checking account, credit card, payday loan, auto loan or other financial services contract and require customers to use arbitration to resolve any dispute with his or her bank. They effectively waive the customer’s right to sue.
The banking industry lobbied hard to roll back a proposed regulation from the Consumer Financial Protection Bureau that would have largely restricted mandatory arbitration clauses by 2019. Consumers would have been allowed to sue their bank as a group in a class-action lawsuit…
President Trump and Republicans in Congress handed Wall Street banks a big victory by effectively killing off a politically popular rule that would have allowed consumers to band together to sue their banks.
The 51-50 vote in the Senate, with Vice-President Mike Pence casting the deciding vote, means bank customers will still be subject to what are known as mandatory arbitration clauses. These clauses are buried in the fine print of nearly every checking account, credit card, payday loan, auto loan or other financial services contract and require customers to use arbitration to resolve any dispute with his or her bank. They effectively waive the customer’s right to sue.
The banking industry lobbied hard to roll back a proposed regulation from the Consumer Financial Protection Bureau that would have largely restricted mandatory arbitration clauses by 2019. Consumers would have been allowed to sue their bank as a group in a class-action lawsuit…
Small mining companies turn to TSX after flopping on LSE
– theglobeandmail.com
London hosts the world’s biggest mining companies, but the poor performance of newly listed miners and other small miners trading in London is pushing some to change their plans
ECN Capital moves into U.S. housing market with Triad acquisition
– theglobeandmail.com
Toronto-based company acquires Florida-based Triad Financial Services Inc. for $100-million (U.S.)
'A failed IPO': Roots flops in trading debut
– theglobeandmail.com
Observers cite tough retail environment and the company’s tepid growth targets among the factors leading to the selloff that saw stock dip up as much as 20 per cent
