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- Dude - Buy Royal Bank of Canada (TSE: RY)! Get this. Two years ago, Royal Bank of Canada was the world's 50th largest bank by market cap. By comparison, it was Canada's largest bank by market cap (and it still is Canada's largest bank). But now, post-credit-crisis-financial-meltdown, Royal Bank is the world's seventh largest bank by market cap! I'll...
Canadian Banks Fined For Selling Asset-Backed Commercial Paper (ABCP) Some of Canada's largest banks have agreed to pay fines totaling close to $140 million relating to their involvement in the sale of Asset-Backed Commercial Paper (ABCP) in the summer of 2007. I wanted to look into this to see what was it exactly that the banks did and why...- Freedom @ Bank of America I was unable to upload this active campaign, but Bank of America is out with a family oriented and pretty sweet "You can" campaign with an African American Family enjoying Black Friday sales. I think such advertising is strictly in the spirit of 2009 and is going to be a...
- Forgot About An Old Bank Account? Find Your Money! Have an old bank account that you never actually closed? Or maybe a relative died and you're unsure if all their accounts were located to be given to those mentioned in their will? Luckily there is a simple way to search for money left in unclaimed bank accounts. Canadian banks...
Wells Fargo, Bank of America, Wachovia and Other Major Banks are Ripping You Off. Have you ever considered why you chose the bank that you bank at? Was it because your parent’s bank there, it’s close to your house, or that it was the first place you stopped at? Most of us end up banking at large mega-banks with billions of dollars in...- Will Hyperinflation Hit Canada? Some readers have been asking about the prospect that a US-led hyperinflation would extend into Canada. The short answer is that it depends on how much of an economic bully the US administration is going to be to its trading partners. Unfortunately, Canada's export trade is not very well diversified. ...
Comparing Canada's Big 5 Banks Many people know that financials make up about 30% of the S&P/TSX. Many also know that Canada's banking system was rated the safest, most stable banking system in the world during the past financial crisis (and, in fact, is still considered so). But if you're not Canadian and not familiar...
List of Companies in the S&P/TSX Composite Index Want to see what companies there are to invest in up in Canada? There are 203 companies currently listed in the TSX Composite Index. Approximately 60 of these are large-cap, 60 mid-cap, and the other 80+ small cap. You may also want to consult the list of just Canadian large-caps...- Free grant money available from the Government of Canada grants Free grant money are funds that are available with certain government departments, foundations, trusts, and entities for businesses. Usually, free grant money is available for non-profit organizations, but the governments set aside billions to also help those who desperately seek money to set up or expand businesses or to keep...
Moving Away From U.S. Dependence, Canada Works to Diversify Its Exports and Service Sector The oft-touted problem whenever the loonie begins to rise against the US dollar is that it will hurt Canada's exports to the U.S.. If the rise is too quick or too much, the Finance Minister - currenty Jim Flaherty - has been known to step in and threaten "intervention" to...
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