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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Former banker accused of stealing $250K from Alberta Treasury Branch - Globalnews.ca + MORE May 24th
Globalnews.caFormer banker accused of stealing $250K from Alberta Treasury BranchGlobalnews.caA woman who worked for an Alberta financial institution for three decades has been accused of stealing more than a quarter million dollars from her employer. The Stony Plain/Spruce Grove/Enoch RCMP Serious .... More »
Panama Papers expose cash trail amid Red Bull fugitive hunt + MORE Aug 17th
The Bangkok billionaire family that co-founded Red Bull, the world’s leading energy drink, uses offshore companies to cloak purchases of jets and luxury properties, including the posh London home where the clan’s fugitive son was last seen.
The Yoovidhya family’s efforts to hide as.... More »
RRSP facts and guidance for 2017 + MORE Feb 19th
Save, invest, prosper with My Own Advisor.
The “RRSP season” is now in full swing but it’s important to know the ins and outs of this tax-deferred plan in order to optimize the use of this account for your financial situation. You’ll notice I didn’t write “time to buy RRSPs”. You d.... More »
Federal court gives Toronto real estate agents data-publishing rights + MORE Dec 1st
Toronto Real Estate Board says it is disappointed by the decision and will seek leave to appeal to the Supreme Court of Canada
.... More »
Wireless lobby sues Quebec over law banning access to some online gaming sites + MORE Jul 27th
MONTREAL – A new Quebec Internet law that would ban access to some online gambling sites is unconstitutional, says Canada’s wireless telecom lobby, which filed court papers on Wednesday challenging the legislation.
Rules governing the country’s telecom industry fall strictly under .... More »
How the Dow Jones industrial average and other major indexes fared Thursday
– canadianbusiness.com
The U.S. stock market edged further into record territory on Thursday as traders were encouraged by the latest corporate earnings.
The Dow Jones industrial average rose 69.94 points, or 0.4 per cent, to 17,554.47.
The S&P 500 index gained 7.64 points, or 0.4 per cent, to close at 2,031.21
The Nasdaq composite gained 17.75 points, also 0.4 per cent, to 4,638.47.
For the week:
The Dow is up 163.95 points, or 0.9 per cent.
The S&P 500 index is up 13.16 points, or 0.7 per cent.
The Nasdaq is up 7.73 points, or 0.2 per cent
For the year:
The Dow is up 977.81 points, or 5.9 per cent.
The S&P 500 index is up 182.85 points, or 9.9 per cent.
The Nasdaq is up 461.88 points, or 11.1 per cent.
The post How the Dow Jones industrial average and other major indexes fared Thursday appeared first on Canadian Business.
The Dow Jones industrial average rose 69.94 points, or 0.4 per cent, to 17,554.47.
The S&P 500 index gained 7.64 points, or 0.4 per cent, to close at 2,031.21
The Nasdaq composite gained 17.75 points, also 0.4 per cent, to 4,638.47.
For the week:
The Dow is up 163.95 points, or 0.9 per cent.
The S&P 500 index is up 13.16 points, or 0.7 per cent.
The Nasdaq is up 7.73 points, or 0.2 per cent
For the year:
The Dow is up 977.81 points, or 5.9 per cent.
The S&P 500 index is up 182.85 points, or 9.9 per cent.
The Nasdaq is up 461.88 points, or 11.1 per cent.
The post How the Dow Jones industrial average and other major indexes fared Thursday appeared first on Canadian Business.
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
Most actively traded companies on the TSX
– canadianbusiness.com
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,563.38, up 15.12 points):
Romarco Minerals Inc. (TSX:R). Miner. Up four cents, or 7.41 per cent, to 58 cents on 7.2 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up six cents, or 1.51 per cent, to $4.03 on seven million shares.
B2Gold Corp. (TSX:BTO). Miner. Up six cents, or 3.55 per cent, to $1.75 on 6.9 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 27 cents, or 11.89 per cent, to $2.54 on 5.5 million shares.
Pacific Rubiales Energy Corp. (TSX:PRE). Oil and gas. Down $1.50, or 9.09 per cent to $15 on 5.4 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Up 26 cents, or 4.42 per cent, to $6.14 on 4.9 million shares.
Companies reporting major news:
Air Canada (TSX:AC). Airline. Up 48 cents, or 5.39 per cent, to $9.38 on 3.8 million shares. The carrier posted adjusted profit of $457 million or $1.55 a share, 11 cents higher than forecasts as the airline benefited from higher revenue and cost-savings initiatives…
Toronto Stock Exchange (14,563.38, up 15.12 points):
Romarco Minerals Inc. (TSX:R). Miner. Up four cents, or 7.41 per cent, to 58 cents on 7.2 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up six cents, or 1.51 per cent, to $4.03 on seven million shares.
B2Gold Corp. (TSX:BTO). Miner. Up six cents, or 3.55 per cent, to $1.75 on 6.9 million shares.
Kinross Gold Corp. (TSX:K). Miner. Up 27 cents, or 11.89 per cent, to $2.54 on 5.5 million shares.
Pacific Rubiales Energy Corp. (TSX:PRE). Oil and gas. Down $1.50, or 9.09 per cent to $15 on 5.4 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Up 26 cents, or 4.42 per cent, to $6.14 on 4.9 million shares.
Companies reporting major news:
Air Canada (TSX:AC). Airline. Up 48 cents, or 5.39 per cent, to $9.38 on 3.8 million shares. The carrier posted adjusted profit of $457 million or $1.55 a share, 11 cents higher than forecasts as the airline benefited from higher revenue and cost-savings initiatives…
3.5 year – 2.20%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-10-20. Click on the link above to get more details or apply online.
Why America’s economy has taken flight
– macleans.ca
Patrick T. Fallon/BloombergFor many people the name Nouriel Roubini probably won’t ring any bells. Chances are, though, his nickname, Dr. Doom, will. Sure, there have been other economic prognosticators over the years who’ve been given the comic book supervillain moniker when they made gloomy predictions that came true. But Roubini stands out for his 2006 warning that the U.S. housing bubble was about to burst and that the fallout from subprime mortgages would ruin the global economy. So it wasn’t a surprise that in the wake of the financial crisis Roubini became the go-to voice of angst, always ready with a grim forecast for America’s economy—from the risk the U.S. was headed for default on its debt, to the likelihood of America tumbling back into a Great Depression-style double dip. Which made it all the more remarkable when Roubini observed last week that the global economy is like a jetliner with only one functioning engine keeping it in the air, and that that engine is America (with a little help from the U…
