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
36% of Canadians surveyed lied about money to partner + MORE Feb 7th
TORONTO — As Valentine’s Day approaches, a new survey suggests some Canadians planning to take their relationships to the next level may want to have a frank conversation about infidelity — financial infidelity, that is.
The online poll found 36 per cent of Canadians surveyed have lied abo.... More »
CN reports higher Q2 profit but cuts outlook due to tariff concerns + MORE Jul 24th
Canadian National Railway Co. reported its profit ticked up during its second quarter compared with last year, as it said trade uncertainty is making it difficult for it to provide investors with an outlook.
The Montreal-based company said in a release Tuesday that it is removing its previo.... More »
Banking regulator takes permanent control of Silicon Valley Bank's Canadian assets - CBC.ca Mar 15th
Banking regulator takes permanent control of Silicon Valley Bank's Canadian assets CBC.caSVB collapse: Could bank failures happen in Canada? CTV NewsOur bank deposits are safe, that is really important: Allianz's Mohamed El-Erian CNBC TelevisionOpinion | In the Silic.... More »
Property assessments jump as real estate market slows down - Victoria - Times Colonist Jan 4th
Property assessments jump as real estate market slows down - Victoria Times ColonistProperty assessments on the rise CBC VancouverAverage home values in Thompson-Okanagan continue steep rise - Kelowna News Castanet.netOPINION: B.C. Realtor’s explanation how propert.... More »
What is a market-linked GIC? Nov 27th
If you’ve been checking out GICs lately, it’s likely because of the record gains from recent interest rate hikes. Interest rates for guaranteed investment certificates have steadily increased as the Bank of Canada (BoC) has raised its benchmark rate over the past year and a half. At some financi.... More »
Kenney still wants PC-Wildrose merger
– macleans.ca
Alberta Conservative MP Jason Kenney arrives at an event announcing he will be seeking the leadership of Alberta’s Progressive Conservative party in Calgary, Alta., Wednesday, July 6, 2016. (Jeff McIntosh/CP)EDMONTON – Alberta MP Jason Kenney says he will still pursue a unity agenda even if he wins the Alberta Progressive Conservative leadership race but fails to get support from party members to merge with the right-centre Wildrose party.
Kenney’s comments came in an email Thursday from his campaign team after it was asked to respond to a leaked internal email from one of his organizers.
Rather than respond to the email, Kenney’s campaign team sent a transcript of remarks it said Kenney made at a meeting in Edmonton on Wednesday night.
According to the transcript, Kenney was asked what he would do if PC rank and file refuse to give him a mandate to broker a merger deal with the Wildrose.
“If those negotiations do not succeed, or if the members in their wisdom refuse to ratify an agreement for a new party, I would gracefully respect their judgment or the outcome,” Kenney responded, according to the transcript…
TSX, US markets climb by one per cent – Waterloo Record
– news.google.ca
TSX, US markets climb by one per centWaterloo RecordTORONTO — Major North American stock markets climbed Thursday, boosted by weak U.S. retail sales data that traders took as a sign the Federal Reserve may delay raising interest rates. In Toronto, the S&P/TSX composite index racked up a three-digit …and more »
Deutsche Bank: No plan to pay $14B Justice Dept. settlement
– canadianbusiness.com
Deutsche Bank AG says it does not intend to pay $14 billion to settle civil claims with the U.S. Department of Justice for its handling of residential mortgage-backed securities and related transactions.
The bank confirmed Friday in a statement that the Justice Department had proposed a settlement of $14 billion and asked the German bank to make a counter proposal.
It described the proposed amount as an “opening position” put forward by the Justice Department in negotiations that were just beginning.
Deutsche Bank is among many financial institutions investigated over dealings in shoddy mortgages in the run-up to the 2008 crisis that led millions of Americans to lose their jobs and sometimes their homes.
The government has accused the banks of misleading investors about the quality of their loans.
The post Deutsche Bank: No plan to pay $14B Justice Dept. settlement appeared first on Canadian Business – Your Source For Business News.
The bank confirmed Friday in a statement that the Justice Department had proposed a settlement of $14 billion and asked the German bank to make a counter proposal.
It described the proposed amount as an “opening position” put forward by the Justice Department in negotiations that were just beginning.
Deutsche Bank is among many financial institutions investigated over dealings in shoddy mortgages in the run-up to the 2008 crisis that led millions of Americans to lose their jobs and sometimes their homes.
The government has accused the banks of misleading investors about the quality of their loans.
The post Deutsche Bank: No plan to pay $14B Justice Dept. settlement appeared first on Canadian Business – Your Source For Business News.
A three-per-cent rise in the share price of Apple shares helped send North American stock indexes higher on Thursday.
Alberta’s status of women minister applauds ASC reversal on disclosure rules
– canadianbusiness.com
EDMONTON – Alberta’s minister for the status of women says shareholders making decisions about publicly traded companies deserve information on the number of women on boards and in executive suites.
Stephanie McLean made the comments Thursday at a meeting with her federal and provincial counterparts in Edmonton.
McLean was referring to a decision by the Alberta Securities Commission this week to revisit a decision it made two years ago to not compel companies it oversees to disclose the number of women employed in senior positions.
The ASC says it is revisiting that decision on the urging of Premier Rachel Notley’s government.
It says it previously didn’t believe the issue was within its mandate, but now says it is.
McLean says statistics show that nine out of every 10 chairs in Alberta-based TSX companies are occupied by men, and says a spotlight needs to be put on that disparity.
The post Alberta’s status of women minister applauds ASC reversal on disclosure rules appeared first on Canadian Business – Your Source For Business News.
Stephanie McLean made the comments Thursday at a meeting with her federal and provincial counterparts in Edmonton.
McLean was referring to a decision by the Alberta Securities Commission this week to revisit a decision it made two years ago to not compel companies it oversees to disclose the number of women employed in senior positions.
The ASC says it is revisiting that decision on the urging of Premier Rachel Notley’s government.
It says it previously didn’t believe the issue was within its mandate, but now says it is.
McLean says statistics show that nine out of every 10 chairs in Alberta-based TSX companies are occupied by men, and says a spotlight needs to be put on that disparity.
The post Alberta’s status of women minister applauds ASC reversal on disclosure rules appeared first on Canadian Business – Your Source For Business News.
