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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North American stock markets continue record runs after last week's economic gains - Business News - Castanet.net + MORE Nov 8th
North American stock markets continue record runs after last week's economic gains - Business News Castanet.netTSX Today: Top Canadian Stocks to Watch on Monday, November 8 The Motley Fool CanadaNorth American stock markets continue record runs after last week's economic gains&.... More »
Restructuring charges drag down CIBC’s profit; boosts dividend + MORE Dec 3rd
Restructuring charges, which totalled $161-million after taxes
.... More »
Business Highlights + MORE Feb 16th
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The Big Uh-Oh: Global economy shaky and cavalry may not come
WASHINGTON (AP) — Eight years after the financial crisis, the world is coming to grips with an unpleasant realization: serious weaknesses still plague the global economy, and emergency help may not be on the way.
Sinking stock prices.... More »
Weekend Reading – Evil index funds, housing affordability, #MyMakeItHappen and #money stuff Aug 12th
Save, invest, prosper with My Own Advisor.
Weekend Reading Welcome to my latest Weekend Reading edition. I hope you had a great week. Here are my articles from this week: My latest dividend income update. Check out my review and book giveaway: The Ten Roads to Riches. Enjoy these articles I foun.... More »
Rent relief: What each province is doing to help residential tenants during the pandemic - CTV News Apr 1st
Rent relief: What each province is doing to help residential tenants during the pandemic CTV NewsCan my landlord charge interest on late rent? Your COVID-19 questions answered CBC.caYour rent is due. What help is available for tenants across Canada Global NewsApril r.... More »
Chinese investment company to buy oil fields in Texas for $1.3 billion
– canadianbusiness.com
BEIJING, China – A Chinese investment holding company said it has signed a letter of intent to purchase oil fields in Texas for 8.3 billion yuan ($1.3 billion) through a limited liability partnership.
In a disclosure to the Shanghai Stock Exchange, Yantai Xinchao Industry Co. Ltd. said the oil fields in Howard and Borden counties would be bought from Tall City Exploration and Plymouth Petroleum, two Nevada-based companies.
In the Saturday filing, Yantai Xinchao said it signed a letter of intent Friday with Ningbo Dingliang Huitong Equity Investment Center, a limited liability partnership, and its seven shareholders to buy the oil fields through a Ningbo Dingliang subsidiary, Moss Creek Resources LLC.
It said the transaction has been approved by the Committee on Foreign Investment in the United States.
The post Chinese investment company to buy oil fields in Texas for $1.3 billion appeared first on Canadian Business – Your Source For Business News.
In a disclosure to the Shanghai Stock Exchange, Yantai Xinchao Industry Co. Ltd. said the oil fields in Howard and Borden counties would be bought from Tall City Exploration and Plymouth Petroleum, two Nevada-based companies.
In the Saturday filing, Yantai Xinchao said it signed a letter of intent Friday with Ningbo Dingliang Huitong Equity Investment Center, a limited liability partnership, and its seven shareholders to buy the oil fields through a Ningbo Dingliang subsidiary, Moss Creek Resources LLC.
It said the transaction has been approved by the Committee on Foreign Investment in the United States.
The post Chinese investment company to buy oil fields in Texas for $1.3 billion appeared first on Canadian Business – Your Source For Business News.
VW board, management tasked with cleanup are same team that presided over emissions scandal
– canadianbusiness.com
WOLFSBURG, Germany – Volkswagen’s effort to fix its emissions scandal will be largely led by company insiders. Some experts say it’s the only way, given the German carmaker’s unusually complicated structure and power groups.
Others, however, argue the company is just compounding its risks if it does not bring an outsider to change its ways.
Volkswagen has named a new CEO and chairman since the scandal became known Sept. 18. Both are longtime employees.
The effort to find the guilty and prevent a recurrence is in the hands of new CEO Matthias Mueller, who has been with the group for almost three decades. Mueller, who previously led Volkswagen’s highly profitable Porsche brand, took over when Martin Winterkorn resigned.
The new board chairman, Hans Dieter Poetsch, had been chief financial officer since 2003. There’s no indication he knew about the decision to cheat on the U.S. diesel emissions tests with software installed in engines. But he was a member of the top management team in place when the cheating took place, a group of executives that hasn’t yet been formally cleared of involvement…
Others, however, argue the company is just compounding its risks if it does not bring an outsider to change its ways.
Volkswagen has named a new CEO and chairman since the scandal became known Sept. 18. Both are longtime employees.
The effort to find the guilty and prevent a recurrence is in the hands of new CEO Matthias Mueller, who has been with the group for almost three decades. Mueller, who previously led Volkswagen’s highly profitable Porsche brand, took over when Martin Winterkorn resigned.
The new board chairman, Hans Dieter Poetsch, had been chief financial officer since 2003. There’s no indication he knew about the decision to cheat on the U.S. diesel emissions tests with software installed in engines. But he was a member of the top management team in place when the cheating took place, a group of executives that hasn’t yet been formally cleared of involvement…
