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Tech and mining companies top this year’s TSX Venture 50 list + MORE Feb 20th
Technology and mining companies topped this year’s TSX Venture 50 list amid the ongoing push for a piece of the energy transition, the latest edition of the ranking shows.
“The broader diversity of the venture market continues,” said Tim Babcock, president of the TSX Venture Exchange, in .... More »
Bernice is debt free and has savings, but wonders if she should start investing in the stock market + MORE Jan 30th
The 35-year-old millennial has her financial house largely in order, says investment adviser Jason Heath, but she may want to consider stock investments in addition to her TFSA and savings accounts.... More »
The humiliation, and comeback, of Michael Cooper + MORE Mar 9th
Knocked down by the Alberta slump, a real estate star rebuilds, slowly
.... More »
Making sense of the markets this week: January 21, 2024 Jan 19th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Bitcoin goes mainstream—the exact stream that was supposed to run dry
I remember a few short years ago, bitcoin truthe.... More »
BLM: Exploration can expand near Alaska eagle preserve + MORE Aug 20th
ANCHORAGE, Alaska – The Canadian company exploring for copper, zinc and gold upstream of a southeast Alaska bald eagle preserve has received permission from a federal agency to expand.
Vancouver, British Columbia-based Constantine Metal Resources Ltd. is exploring upstream of the Chilkat Bald .... More »
Japan revises upward growth estimate for Jan-Mar, to 1.9 pct
– canadianbusiness.com
TOKYO – Japan’s economy expanded at a 1.9 per cent annual pace in January-March, helped by sustained consumer demand, according to revised data issued Wednesday.
The government earlier estimated the world’s third-largest economy grew at annualized rate of 1.7 per cent. It said the improvement was mainly due to a better-than-expected level of corporate investment.
The quarterly rate of growth was raised to 0.5 per cent from 0.4 per cent.
The latest data showed private consumption, the biggest contributor to growth, rose 0.6 per cent in January-March, compared with an earlier estimate of 0.5 per cent.
Economists expect the economy to slow in the current quarter, and Prime Minister Shinzo Abe, facing a parliamentary election in July, judged the situation bleak enough to justify pushing back a planned April 2017 increase in the sales tax by two and a half years, to October 2019.
“While an improvement in business investment is positive for the economy, the strength of the Japanese yen and weak foreign demand may lead businesses to be more cautious about spending,” Bernard Aw of IG said in a commentary…
The government earlier estimated the world’s third-largest economy grew at annualized rate of 1.7 per cent. It said the improvement was mainly due to a better-than-expected level of corporate investment.
The quarterly rate of growth was raised to 0.5 per cent from 0.4 per cent.
The latest data showed private consumption, the biggest contributor to growth, rose 0.6 per cent in January-March, compared with an earlier estimate of 0.5 per cent.
Economists expect the economy to slow in the current quarter, and Prime Minister Shinzo Abe, facing a parliamentary election in July, judged the situation bleak enough to justify pushing back a planned April 2017 increase in the sales tax by two and a half years, to October 2019.
“While an improvement in business investment is positive for the economy, the strength of the Japanese yen and weak foreign demand may lead businesses to be more cautious about spending,” Bernard Aw of IG said in a commentary…
China’s trade contracts in May for another month
– canadianbusiness.com
BEIJING, China – China’s exports and imports contracted again in May in a sign of weak global and domestic demand.
Exports fell 4.1 per cent from a year earlier to $181.1 billion compared with April’s 1.8 per cent decline, customs data showed Wednesday. Imports shrank 0.4 per cent to $131.1 billion, an improvement over the previous month’s 10.9 per cent fall.
Trade weakness could complicate Beijing’s efforts to pull the world’s second-largest economy out of a slump. Weak exports could require more economic stimulus, setting back efforts to reduce reliance on trade and investment to drive growth.
“China’s export growth is likely to remain subdued going forward,” said Julian Evans-Pritchard of Capital Economics in a report. “While we don’t anticipate much more of a slowdown in global growth given that the worst is probably over for many emerging markets, we don’t foresee a significant pick-up either.”
China’s global trade surplus widened to $50 billion from April’s $45…
Exports fell 4.1 per cent from a year earlier to $181.1 billion compared with April’s 1.8 per cent decline, customs data showed Wednesday. Imports shrank 0.4 per cent to $131.1 billion, an improvement over the previous month’s 10.9 per cent fall.
Trade weakness could complicate Beijing’s efforts to pull the world’s second-largest economy out of a slump. Weak exports could require more economic stimulus, setting back efforts to reduce reliance on trade and investment to drive growth.
“China’s export growth is likely to remain subdued going forward,” said Julian Evans-Pritchard of Capital Economics in a report. “While we don’t anticipate much more of a slowdown in global growth given that the worst is probably over for many emerging markets, we don’t foresee a significant pick-up either.”
China’s global trade surplus widened to $50 billion from April’s $45…
Trudeau, Morneau, at economic summit on global economy
– canadianbusiness.com
TORONTO – Prime Minister Justin Trudeau and the federal finance minister are in Toronto today for an economic conference on Canada’s role in the global economy.
Bill Morneau will speak at the Canada Summit this morning, while Trudeau makes keynote remarks later in the day at the conference, sponsored by The Economist.
The summit is aimed at identifying the key trends that are reshaping Canada’s role in the global economy while delving into ways the country can become more competitive.
Toronto Mayor John Tory is also scheduled to address the conference.
Topics of discussion include the housing boom and consumer debt, and whether a financial bubble is ready to burst, and how to reinvent the energy sector as it deals with lower oil prices.
The post Trudeau, Morneau, at economic summit on global economy appeared first on Canadian Business – Your Source For Business News.
Bill Morneau will speak at the Canada Summit this morning, while Trudeau makes keynote remarks later in the day at the conference, sponsored by The Economist.
The summit is aimed at identifying the key trends that are reshaping Canada’s role in the global economy while delving into ways the country can become more competitive.
Toronto Mayor John Tory is also scheduled to address the conference.
Topics of discussion include the housing boom and consumer debt, and whether a financial bubble is ready to burst, and how to reinvent the energy sector as it deals with lower oil prices.
The post Trudeau, Morneau, at economic summit on global economy appeared first on Canadian Business – Your Source For Business News.
Hassle-free investing is here with ModernAdvisor
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
Over the years, I’ve learned to appreciate the beauty of simplicity. This principle can apply to every facet of your life, including personal finance and investing. Keeping it simple when it comes to investing can include making savings for investing purposes automatic (via preauthorized debit transactions) and keeping your portfolio as lazy as possible (using low-cost indexed funds). Although simple often works when it comes to investing, this doesn’t make it easy. There is some discipline involved to manage every investment portfolio. As my friend Andrew Hallam nicely puts it in in his popular book Millionaire Teacher, you need to collar your inner doppelganger to experience greater investing success.
Thanks to the financial technology (fintech) revolution, a new online financial advisor service is available to help you conquer that investment enemy in the mirror: ModernAdvisor. In the past, I profiled another online investment service on my site (Wealthsimple)…
Over the years, I’ve learned to appreciate the beauty of simplicity. This principle can apply to every facet of your life, including personal finance and investing. Keeping it simple when it comes to investing can include making savings for investing purposes automatic (via preauthorized debit transactions) and keeping your portfolio as lazy as possible (using low-cost indexed funds). Although simple often works when it comes to investing, this doesn’t make it easy. There is some discipline involved to manage every investment portfolio. As my friend Andrew Hallam nicely puts it in in his popular book Millionaire Teacher, you need to collar your inner doppelganger to experience greater investing success.
Thanks to the financial technology (fintech) revolution, a new online financial advisor service is available to help you conquer that investment enemy in the mirror: ModernAdvisor. In the past, I profiled another online investment service on my site (Wealthsimple)…
