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
What rising bond rates tell us about the future Mar 8th
If one were to make a ranked list of which asset classes and securities are most fun to watch, fixed income would be near the bottom, just ahead of money market funds. You certainly won’t find any Redditors calling for bonds to rocket to the moon. However, the impression that bonds are boring is n.... More »
Real estate brokers ready to unleash secretive home sales data to public + MORE May 9th
The era of real estate agents guarding coveted sales data may be coming to an end, at least in Toronto. That’s what some brokers predict, and in anticipation they’re readying to release online once-protected industry information — namely, the actual selling price of homes..... More »
'Stay home,' urges widow of 51-year-old Ontario man who died of COVID-19 - CTV News + MORE Mar 20th
'Stay home,' urges widow of 51-year-old Ontario man who died of COVID-19 CTV News5 Financial Relief Measures For Canadians Impacted By COVID 19 HuffPost CanadaSecond COVID-19-related death in Ontario believed to be linked to 'local transmission' CTV NewsCoronavirus: .... More »
AGNT books a win at Startup TNT's Investment Summit VIII - Taproot Edmonton Nov 17th
AGNT books a win at Startup TNT's Investment Summit VIII Taproot Edmonton.... More »
Don’t spend, invest—and other secrets from millionaires + MORE Mar 30th
SPEEDREADER
Book: Secrets Self-Made Millionaires Teach Their Kids
Author: Steve Siebold
Publisher: London House
Price: $17.97 (Paperback) $7.80 (Kindle)
Link: https://www.amazon.com/Secrets-Self-Made-Millionaires-Teach-Their-ebook/dp/B078RP8J17
WHO IT’S FOR: Parents interested in sharing some key.... More »
Yamana cites big tax impact in US$135.2M Q1 loss; revenue rises to US$451.8M
– canadianbusiness.com
TORONTO – Yamana Gold Inc. (TSX:YRI) has reported a big increase in its first-quarter net lost compared with a year ago, citing the impact of non-cash, unrealized foreign exchange loses related to deferred incomes taxes in several jurisdictions.
The Toronto-based miner said Tuesday after markets closed that its net loss was US$135.2 million or 15 cents per diluted share in the period ended March 31, including US$96.4 million related to the tax issue.
That compared with a net loss from continuing operations attributable to Yamana equity holders of US$31.4 million or four cent per share in the same 2014 period.
The company said its adjusted loss from continuing operations was US$37.5 million or four cents per share compared with adjusted earnings of $9.9 million or a penny per share in the prior-year quarter, reflecting lower metals prices partially offset by higher sales volumes.
Revenue rose to US$451.8 million from $353.9 million as a result of the higher sales volumes.
The post Yamana cites big tax impact in US$135…
The Toronto-based miner said Tuesday after markets closed that its net loss was US$135.2 million or 15 cents per diluted share in the period ended March 31, including US$96.4 million related to the tax issue.
That compared with a net loss from continuing operations attributable to Yamana equity holders of US$31.4 million or four cent per share in the same 2014 period.
The company said its adjusted loss from continuing operations was US$37.5 million or four cents per share compared with adjusted earnings of $9.9 million or a penny per share in the prior-year quarter, reflecting lower metals prices partially offset by higher sales volumes.
Revenue rose to US$451.8 million from $353.9 million as a result of the higher sales volumes.
The post Yamana cites big tax impact in US$135…
Genworth posts first profit in three quarters but it’s still a ‘show-me story’
– theglobeandmail.com
First-quarter operating profit, which excludes some investment results, was 31 cents a share, beating the 25-cent average estimate of 10 analysts surveyed by Bloomberg
Twitter shares sold off almost 20 per cent on Tuesday after the company apparently released its quarterly earnings early, and the numbers were much lower than analysts had been expecting.
Why you shouldn’t pick mutual funds based on past performance
– theglobeandmail.com
Author John Bogle says most winning funds lose their market-beating mojo. So Mr. Bogle says most investors should buy index funds instead
Mark Bishop to replace Acadian Timber’s longtime CEO Reid Carter
– canadianbusiness.com
VANCOUVER – Acadian Timber Corp. (TSX:ADN) has announced that longtime chief executive Reid Carter is stepping down at the end of the week.
The company said in its earnings reported issued Tuesday after markets closed that Mark Bishop will become president and CEO effective on Friday.
Bishop has more than 25 years of forest industry experience, including the last seven with Brookfield Asset Management (TSX:BAM.A), Acadian’s manager.
In addition to his new role, Bishop will continue to lead Brookfield’s timberland business development activities outside of North America.
Carter, who steps down after nine years as CEO, will continue to lead Brookfield’s timberlands platform and intends to remain on Acadian’s board, the company said.
News of the change at the top came as Acadian reported swinging to a net loss of $2.9 million or 17 cents per share in the three months ended March 28, compared with a net profit of $697,000 or four cents per share in the comparable year-earlier period…
The company said in its earnings reported issued Tuesday after markets closed that Mark Bishop will become president and CEO effective on Friday.
Bishop has more than 25 years of forest industry experience, including the last seven with Brookfield Asset Management (TSX:BAM.A), Acadian’s manager.
In addition to his new role, Bishop will continue to lead Brookfield’s timberland business development activities outside of North America.
Carter, who steps down after nine years as CEO, will continue to lead Brookfield’s timberlands platform and intends to remain on Acadian’s board, the company said.
News of the change at the top came as Acadian reported swinging to a net loss of $2.9 million or 17 cents per share in the three months ended March 28, compared with a net profit of $697,000 or four cents per share in the comparable year-earlier period…
