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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The rise of value-driven equity markets, getting offensive and what REIT investors shouldn't ignore
– theglobeandmail.com
A roundup of investment ideas for active investors
Telecommunications and technology sectors help push Toronto market higher
– canadianbusiness.com
The telecommunications and technology sectors helped lift Canada’s main stock index in late morning trading today.
The S&P/TSX composite index was up 79.44 points to 15,223.31 after 90 minutes of trading.
In New York, the Dow Jones industrial average advanced 87.73 points to 21,978.85, the S&P 500 index edged up 3.40 points to 2,475.50 and the Nasdaq composite index added 15.48 points to 6,363.61.
The Canadian dollar was trading at 80.11 cents US, up a nudge from Monday’s average price of 80.10 cents US.
The September crude contract was down 50 cents to US$49.67 per barrel and the September natural gas contract was up one cent to US$2.80 per mmBTU.
The December gold contract was up US$5.50 to US$1,278.90 an ounce and the September copper contract was unchanged at US$2.89 a pound.
The post Telecommunications and technology sectors help push Toronto market higher appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index was up 79.44 points to 15,223.31 after 90 minutes of trading.
In New York, the Dow Jones industrial average advanced 87.73 points to 21,978.85, the S&P 500 index edged up 3.40 points to 2,475.50 and the Nasdaq composite index added 15.48 points to 6,363.61.
The Canadian dollar was trading at 80.11 cents US, up a nudge from Monday’s average price of 80.10 cents US.
The September crude contract was down 50 cents to US$49.67 per barrel and the September natural gas contract was up one cent to US$2.80 per mmBTU.
The December gold contract was up US$5.50 to US$1,278.90 an ounce and the September copper contract was unchanged at US$2.89 a pound.
The post Telecommunications and technology sectors help push Toronto market higher appeared first on Canadian Business – Your Source For Business News.
B.C government reviewing foreign buyers’ tax
– moneysense.ca
VANCOUVER — The British Columbia government is reviewing the foreign buyers’ tax in the Vancouver area and the interest-free loan program to first-time homebuyers to determine whether they have helped improve affordability, the province’s new housing minister says.
In an interview Monday, Selina Robinson said she and provincial Finance Minister Carole James will go over real estate transaction data in an effort to decide whether such measures should be kept, revised or scrapped altogether.
“I don’t know that we have any plans to eliminate it,” Robinson said of the 15 per cent foreign buyers’ levy, nearly a year after the previous Liberal government introduced it for Metro Vancouver.
“There’s certainly enough data that would help us to understand its value, and so, we have to look at that data.”
In an interview Monday, Selina Robinson said she and provincial Finance Minister Carole James will go over real estate transaction data in an effort to decide whether such measures should be kept, revised or scrapped altogether.
“I don’t know that we have any plans to eliminate it,” Robinson said of the 15 per cent foreign buyers’ levy, nearly a year after the previous Liberal government introduced it for Metro Vancouver.
“There’s certainly enough data that would help us to understand its value, and so, we have to look at that data.”
Is a foreign buyers tax needed? Generations disagree
Robinson said she understands the tax had some impact early on, but that is starting to slip away…
Are Canadians less likely to get married?
– macleans.ca
MONTREAL — In a 37-year relationship that has seen them have three children together, Helene Gauvin and her partner, Andre Jauvin, have never formally tied the knot.
While they’ve talked about getting married from time to time, they’ve always decided they’re too busy or would rather spend their money on a great vacation.
“Emotionally, I don’t need it, legally neither,” Gauvin, 58, said in an interview. “It wouldn’t bring anything to my life that I don’t already have.”
New numbers on families, households and marital status from the 2016 census to be released Wednesday by Statistics Canada will likely show that more and more couples are reaching similar conclusions and seeing no reason to tie the knot.
According to Nora Spinks of the Vanier Institute of the Family, the decline in marriage is largely because the factors that traditionally pushed couples to marry are less and less present.
Those factors included traditional religious beliefs, a societal disapproval of sex outside marriage, and financial necessity, all of which have eroded over time…
Apple’s earnings climbed 12 per cent to $8.7 billion US in the company’s latest quarter amid rising demand for iPhones, iPads and Mac computers.
