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
B.C. announces 3-day cooling period for home sales to reduce risk for buyers - CBC.ca Jul 21st
B.C. announces 3-day cooling period for home sales to reduce risk for buyers CBC.caB.C. homebuyer protection period announced amid real estate crunch CityNewsB.C. announces consumer protection policy for homebuyers in competitive market - BC News Castanet.netB.C. sla.... More »
GM Canada pledges to wipe out pension shortfall in new contract - The Globe and Mail + MORE Sep 25th
The Globe and MailGM Canada pledges to wipe out pension shortfall in new contractThe Globe and MailGeneral Motors of Canada Co. has pledged to eliminate the $2.6-billion deficit in the pension plans for its unionized workers and retirees as part of a new contract negotiated between the company and U.... More »
For Canada, Stronger Exports Remain Out of Reach + MORE Oct 8th
The IMF marked down its forecast for Canada's economic growth this year, and predicted an acceleration next year as net exports and investment drive expansion, on the back of a U.S. recovery. A top Bank of Canada official acknowledged last week the rotation away from consumer spending to exports and.... More »
Alleged 'shadow' mortgage broker implicated in dozens of shady deals Jan 9th
B.C.'s registrar of mortgage brokers has issued a notice of hearing against a woman accused of acting as a "shadow" operator by feeding altered documents to licensed brokers on behalf of dozens of people who wouldn't otherwise qualify for loans..... More »
Making sense of the markets this week: October 26 Oct 23rd
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The pandemic holiday season is near
This will be our first “global pandemic holiday season.”
That phrase does not have a nice festive ring to it, I know. And it might not .... More »
What does Mark Carney miss about Canada?
– moneysense.ca
Media mojoThe Canadian press had a love affair with Carney, dubbing him our “superstar” central bank governor. But not surprisingly those nasty British tabloids aren’t reciprocating, labelling him “more Clark Kent than Superman.”
Affordable housing
Despite his $1.3-million annual salary, earlier this year Carney’s wife Diana groused via Twitter that she couldn’t find a place to live in pricey London. Here’s hoping those crazy kids actually found something within their budget.
Our mediocre economy
Canada’s economy may be facing tepid growth, but we’ve emerged from the Great Recession relatively unscathed. Meanwhile, Britain’s financial situation remains as dire as ever. From the frying pan into the fire doesn’t even begin to describe the pickle Carney’s in.
The political ring
It’s no secret that Carney is itching to jump into politics. But British MPs aren’t having it, all but forcing Carney to pinkie swear that he’ll quell any and all political ambitions until he returns to Hoserland in 2018…
Weekend Readings – Long Weekend:)
– IntelligentSpeculator.net
For most of you readers, this is a long independence weekend. For many others in Canada, that long weekend ended a few days ago:) In any case, I hope all of you are enjoying the summer so far, it’s going by so quickly but I guess it’s ok if we’re enjoying it:) I know that this weekend will be about watching Wimbledon finals.. You can’t imagine how happy I am that I was able to set aside some time for this:)General Readings
-The risks of too big too fail institutions has only gotten worse @ CuriousCat
-Why behavior is half the battle @ ReformedBroker
-Gold continues its massive decline @ WSJ
Dividend and Passive Income Readings
-PepsiCo: Not bad at $80 for 2013 @ DividendMonk
Tech Stock Readings
-Amazon to take on Fedex and UBS or should it buy it? @ SeekingAlpha
-Google is working on a watch AND gaming console? @ FloatingPath
-Apple (AAPL) finds it difficult to divorce Samsung @ WSJ
The post Weekend Readings – Long Weekend:) appeared first on Intelligent Speculator.
Home prices in the Greater Toronto area were up 4.7 per cent in June compared to a year ago, with a house fetching on average $531,374, according to a report by the Toronto Real Estate Board that also showed a slight drop in sales over the same time period.Video: Planning a holiday outside Canada? Here’s a financial to-do list
– theglobeandmail.com
By following these steps, you can make sure that an emergency doesn't ruin your holiday – or your long-term financial health
The ratings agency DBRS has raised an alarm about the state of the pension funds workers in Canada, the U.S., Japan and Europe rely on, saying the average fund in those countries can cover only 78.3 per cent of its future financial obligations, although Canadian plans are faring better than most.
