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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Compare the best GIC rates in Canada 2023 Jun 3rd
Investing
The best GIC rates in Canada for 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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What does the U.S. election outcome mean for Canadian investors?
– moneysense.ca
In a few days, millions of Americans will head to the polls to vote for either Donald Trump or Joe Biden, while millions of Canadians will be in front of their screens, waiting to see how the night unfolds. But while it’s certainly going to be enthralling—and probably very long—evening, it’s the next few weeks, months and even years that Canadians should be thinking more about. Why? Because the election outcome could have an impact on stock markets and on the direction of our own economy.
So, which candidate may be better for Canada? Let’s break down a few issues that matter to this country and see where each candidate stacks up.
Energy
Trump
Anyone who watched the last debate will know that Trump and Biden have very different ideas around the future of oil and gas, and on climate change in general. Trump has loosened all kinds of oil industry regulations during his time in office, including easing restrictions on drilling offshore and in national forests. Most importantly for Canada’s energy industry, he approved the expansion of the Keystone XL pipeline, which Barack Obama had previously blocked…
