All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Labour minister Patty Hajdu talks longer parental leave + MORE Mar 26th
OTTAWA – Labour Minister Patty Hajdu said even wealthier women need more support when it comes to moving from their careers into motherhood — and back again.
The 2017 budget extended parental leave to 18 months, but anyone who wants to take the lengthier time off must spread 12 months worth .... More »
Justin Trudeau appoints Richard Wagner next Supreme Court chief justice + MORE Dec 12th
Daniel Sabourin/Laforest et Sabourin
OTTAWA — Prime Minister Justin Trudeau has appointed Justice Richard Wagner to be the next chief justice of the Supreme Court of Canada.
Wagner was born in Montreal and earned a law degree from the University of Ottawa in 1979.
He practised law for more than 20.... More »
Investing In Real Estate: Capital Gains Tax + MORE Feb 23rd
A lot of people’s savings are from the money they earn in their trades. The majority of the people are unaware about investing and its benefits. The money placed in a thoughtful investment can grow faster than the money stored in the bank. Investments also affect the economy of the country. Wh.... More »
Retirement planning advice for people who don’t use an advisor + MORE Jun 19th
Given that the financial media has long spent an inordinate amount of space on the topic of retirement, it seems the time was right for a retirement club devoted to Canadians on or near the cusp of retirement.
A few months ago, the Retirement Club for Canadians was launched by occ.... More »
How much you need to earn to afford a home in Vancouver and the GVA + MORE Jan 28th
The Canadian real estate market has been red-hot since the pandemic started in March 2020. Home prices have risen across the board, but they are especially high in Vancouver, Canada’s most expensive housing market.
If you’re looking to purchase a home in the Greater Vancouver Area (GVA), you .... More »
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,555.41, down 188.84 points):
B2Gold Corp. (TSX:BTO). Miner. Down 27 cents, or 7.85 per cent, to $3.17 on 12.6 million shares.
Manulife Financial Corp. (TSX:MFC). Financial Services. Up 49 cents, or 2.23 per cent, to $22.43 on 11.9 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up seven cents, or 3.57 per cent, to $2.03 on 10.4 million shares.
Canopy Growth Corp. (TSX:CGC). Drug manufacturer. Up 26 cents, or 2.86 per cent, to $9.34 on 9.1 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 41 cents, or 9.15 per cent, to $4.07 on 8.3 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 14 cents, or 10.22 per cent, to $1.23 on 8.3 million shares.
Companies reporting major news:
Hudson’s Bay Company (TSX:HBC). Retailer. Down $1.76, or 10.63 per cent, to $14.80 on 866,338 shares. The company that owns the Bay, Lord & Taylor and Saks Fifth Avenue says sales across most of its retail business have fallen below expectations and it’s revising estimates for the 2016 financial year…
Toronto Stock Exchange (14,555.41, down 188.84 points):
B2Gold Corp. (TSX:BTO). Miner. Down 27 cents, or 7.85 per cent, to $3.17 on 12.6 million shares.
Manulife Financial Corp. (TSX:MFC). Financial Services. Up 49 cents, or 2.23 per cent, to $22.43 on 11.9 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up seven cents, or 3.57 per cent, to $2.03 on 10.4 million shares.
Canopy Growth Corp. (TSX:CGC). Drug manufacturer. Up 26 cents, or 2.86 per cent, to $9.34 on 9.1 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 41 cents, or 9.15 per cent, to $4.07 on 8.3 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 14 cents, or 10.22 per cent, to $1.23 on 8.3 million shares.
Companies reporting major news:
Hudson’s Bay Company (TSX:HBC). Retailer. Down $1.76, or 10.63 per cent, to $14.80 on 866,338 shares. The company that owns the Bay, Lord & Taylor and Saks Fifth Avenue says sales across most of its retail business have fallen below expectations and it’s revising estimates for the 2016 financial year…
Murphy Oil sinks along with crude; Nvidia soars
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Friday:
Nvidia Corp., up $20.20 to $87.97
The maker of graphics processors reported earnings and revenue that beat analyst’s forecasts.
Michael Kors Holdings Ltd., down $2.06 to $49.70
The luxury retailer issued a disappointing forecast, citing lower mall traffic.
LifeLock Inc., up $1.48 to $19.12
Bloomberg News reported that the company, which provides identity theft protection services, is in talks to be taken private.
Microsemi Corp., up $3.24 to $51.10
The maker of semiconductors for power management reported earnings that beat analysts’ forecasts.
Nordstrom Inc., up $2.69 to $58.72
The department store operator reported earnings that easily beat analysts’ forecasts.
Walt Disney Co., up $2.72 to $97.68
The owner of Marvel, Star Wars and its own Pixar and Disney Studios, is forging ahead with new streaming deals involving Netflix, Hulu and others.
J.C. Penney Co.., up 35 cents to $9.16
The stock rose despite the struggling retailer cutting its sales forecast for the year…
Nvidia Corp., up $20.20 to $87.97
The maker of graphics processors reported earnings and revenue that beat analyst’s forecasts.
Michael Kors Holdings Ltd., down $2.06 to $49.70
The luxury retailer issued a disappointing forecast, citing lower mall traffic.
LifeLock Inc., up $1.48 to $19.12
Bloomberg News reported that the company, which provides identity theft protection services, is in talks to be taken private.
Microsemi Corp., up $3.24 to $51.10
The maker of semiconductors for power management reported earnings that beat analysts’ forecasts.
Nordstrom Inc., up $2.69 to $58.72
The department store operator reported earnings that easily beat analysts’ forecasts.
Walt Disney Co., up $2.72 to $97.68
The owner of Marvel, Star Wars and its own Pixar and Disney Studios, is forging ahead with new streaming deals involving Netflix, Hulu and others.
J.C. Penney Co.., up 35 cents to $9.16
The stock rose despite the struggling retailer cutting its sales forecast for the year…
Election night's pointed investment lesson, a Trump-and-Dump strategy, and why dividend stocks are on sale
– theglobeandmail.com
A roundup of investment ideas for active investors
Meet Pro-Growth Donald Trump
– online.wsj.com
Just pray there’s no financial crisis that causes him to unlimber his anti-trade instincts.Business Highlights
– canadianbusiness.com
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Trump’s path to boosting infrastructure is full of potholes
WASHINGTON (AP) — Donald Trump has vowed to rebuild the nation’s roads, bridges, airports and railways, but the path to delivering on that promise is full of potholes. When President Barack Obama tried to do it, a Republican Congress fought him at almost every turn, and Trump would have to contend with his party’s deep-seated dislike for government spending and higher taxes to meet the $1 trillion tab for his proposals.
But Trump has been vague what about he’d do and what it would cost. During the campaign he said he’d double the $275 billion boost in government infrastructure spending proposed by his Democratic opponent, Hillary Clinton. A recent paper by Trump advisers calls for using federal tax credits to generate $1 trillion in private sector infrastructure investment over a decade. To offset the cost of the credits, U.S. corporations would be encouraged to bring home profits parked overseas to avoid taxes, in exchange for a low tax rate…
Trump’s path to boosting infrastructure is full of potholes
WASHINGTON (AP) — Donald Trump has vowed to rebuild the nation’s roads, bridges, airports and railways, but the path to delivering on that promise is full of potholes. When President Barack Obama tried to do it, a Republican Congress fought him at almost every turn, and Trump would have to contend with his party’s deep-seated dislike for government spending and higher taxes to meet the $1 trillion tab for his proposals.
But Trump has been vague what about he’d do and what it would cost. During the campaign he said he’d double the $275 billion boost in government infrastructure spending proposed by his Democratic opponent, Hillary Clinton. A recent paper by Trump advisers calls for using federal tax credits to generate $1 trillion in private sector infrastructure investment over a decade. To offset the cost of the credits, U.S. corporations would be encouraged to bring home profits parked overseas to avoid taxes, in exchange for a low tax rate…
