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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'Davos in the Desert' summit loses media, business support over missing journalist + MORE Oct 14th
A number of international business leaders and media companies are distancing themselves from Saudi Arabia ahead of an investment summit in the kingdom later this month, stoking pressure on the Gulf kingdom to explain what happened to a dissident writer who disappeared after visiting.... More »
Making sense of the markets this week: August 25, 2024 + MORE Aug 23rd
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Canada’s economy off the rails
Many Canadians feel that “Canada is broken,” according to an Ipsos poll. And .... More »
1 in 6 Canadians struggling with finances, Angus Reid survey finds Jul 17th
More than a quarter of Canadians are already facing serious financial hardship, according to the findings of a new study released today as part of an examination of poverty..... More »
Huge offshore data leak reveals financial secrets of global elite — from the Queen to former PMs - CBC.ca + MORE Nov 5th
CBC.caHuge offshore data leak reveals financial secrets of global elite — from the Queen to former PMsCBC.caAn enormous new leak of tax-haven financial records — rivalling the Panama Papers in size and scope — is laying bare some of the financial secrets of the world's elite, from the Que.... More »
Making sense of the markets this week: January 25, 2021 Jan 24th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The best post-election surge in modern presidential history
Stocks gained about 13% between U.S. election day and Jan,19, the day before Joe Biden’s inauguration—mar.... More »
Toronto home sales drop 40 per cent in June
– macleans.ca
A view of the downtown area of Toronto, Ontario. (IVY PHOTOS/Shutterstock)TORONTO – Home sales in the Greater Toronto Area tanked last month and prices continued to recede, the city’s real estate board said Thursday, further evidence that provincial measures aimed at cooling one of the hottest housing markets in North America may be working.
The number of transactions fell 40.4 per cent in July compared to the same month last year, driven by fewer sales of detached homes in Toronto and its surrounding areas.
The average selling price of all homes in the Greater Toronto Area was $746,218, up five per cent from a year ago.
However, it’s the third consecutive monthly decline and the average price down nearly $175,000 since April, when the Ontario government introduced more than a dozen changes – including a 15 per cent tax on foreign buyers – in an effort to stabilize prices that were spiralling out of reach for many homebuyers.
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This couple's situation cries out for a financial plan
– thestar.com
A properly conceived financial plan will allow them to consider such worst-case scenarios objectively and plan for different outcomes. The Toronto Real Estate Board says home sales tanked 40.4 per cent last month compared with July 2016.
The Globe and MailToronto home sales drop, new listings slow as sellers retreatThe Globe and MailHome prices continued to fall across the Toronto region in July as buyers stayed on the sidelines, but the pace of growth of new listings also continued to slow as more owners decided to wait for a better time to sell. The Toronto Real Estate Board …Toronto home sales drop 40% compared with a year agoCBC.caToronto home prices fall for third month in a rowToronto StarToronto home sales plunge 40.4% in July as slowdown intensifiesBNNBloomberg -Huffington Post Canada -Digital Journal -Cape Breton Postall 17 news articles »
A $225-million investment from a leading Chinese dairy processor is set to launch Canada back into the export game at a time when several of its major competitors are threatening a trade challenge over dairy prices.
