Astute planning can reduce taxes for beneficiaries
Funds searching for liquidity, anonymity, speed and arbitrage opportunities
The Toronto stock market surged ahead Wednesday, with investors pouring their money into resource issues, as news of the U.S. Federal Reserve’s decision to lower its key lending rate led to a broad rally in the commodities market. The U.S. central bank announced it would cut its rate by a 0.25% to 4.5% The S&P/TSX […]
U.S. markets move down, await U.S. Federal Reserve's decision on whether to cut interest rates
Changes range from fewer withholding taxes to harmonizing capital gains rules
Advisors are obliged to give clients parallel advice — how current legislation applies to them and how amendments could apply
The retailer says the new product will save customers money by combining many accounts into one
TD Bank Financial Group has doubled the size of its U.S. banking platform in one fell swoop by acquiring Commerce Bancorp Inc. of Cherry Hill, N.J., in a US$8.5-billion stock and cash deal.Canada’s second-largest bank, which already owns TD Banknorth in New England, will become North America’s fifth-largest bank when ranked by deposits,with $312 billion […]
Existing members are ideal clients for credit unions’ wealth-management services because they tend to be great savers
Toronto stocks closed higher Friday, buoyed by ongoing strength in the energy sector. The C$ burst through par against its U.S. counterpart before settling modestly above yesterday’s close.The S&P/TSX composite index gained 101.64, or 0.73%, to 13,940.07.The C$ closed up 0.04 cent US at 99.91 cents US.Eight of the 10 TSX main sub-groups finished higher […]