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What it takes to retire at 45 + MORE Feb 6th
Q: I’m 27 years old with a relatively healthy income of around $125,000. I’m aiming to get on the early retirement track with any luck and retire around the age of 45.
I’ve been aggressively in the investing game for a few years now and have been putting money into my RRSP, which now has a bal.... More »
Best Financial Advice for New Homeowners Sep 25th
After college expenses, choosing to purchase a home of any kind is the second largest expense you are likely to take on. The whole process, while intricate, doesn’t have to be complicated. However, it pays to be prepared. By taking the time to plan now and sticking to that plan, you could save.... More »
Bullish on Best Buy + MORE Dec 30th
A technical look at the stock
.... More »
Why emotional biases may be riskier than market swings + MORE Apr 17th
Investing your money in the stock market can be more emotional than analytical, especially when the markets are volatile. And at times, it can be hard to keep those emotions in check. That’s when behavioural biases start driving investment decisions—moves that are purely based on how youR.... More »
TSX rallies, while New York stocks head lower before late-day bounce + MORE Dec 27th
A day after Wednesday's dramatic rise, New York stock markets reversed course and headed downwards amid uncertainty over trade and U.S. growth, then had another change of direction in the final hour of trading and ended in positive territory..... More »
President-elect Donald Trump holds stock in the company building the disputed Dakota Access oil pipeline. Pipeline opponents fear his investments could affect any decision he makes on the $3.8-billion project.
Caisse warns Montreal transit project to cost more
– theglobeandmail.com
Quebec pension fund says it will raise its investment by $100-million to $3.1-billion; Montreal to invest $100-million
Stock indexes slightly positive, loonie down, crude and gold lower
– canadianbusiness.com
TORONTO – North American stock markets are showing modest gains this morning.
The Toronto Stock Exchange’s S&P/TSX composite index was up 12.80 points at 15,088.00 after two hours of trading.
The major U.S. markets, which were closed Thursday, and close early today at 1 p.m. because of the American Thanksgiving holiday, were also positive.
The Dow Jones industrial average gained 51.02 points to 19,134.20, the S&P 500 was up 5.4 points to 2,210.12, and the Nasdaq composite rose 9.04 points to 5,389.72.
The Canadian dollar was at 74.02 cents US, down 0.10 of a U.S. cent from Thursday’s close.
The January crude contract fell $1.18 to US$46.78 per barrel and January natural gas rose six cents to US$3.21 per mmBTU.
The December gold contract fell $4.70 to US$1,184.60 an ounce and December copper contracts were up six cents at US$2.67 a pound
The post Stock indexes slightly positive, loonie down, crude and gold lower appeared first on Canadian Business – Your Source For Business News.
The Toronto Stock Exchange’s S&P/TSX composite index was up 12.80 points at 15,088.00 after two hours of trading.
The major U.S. markets, which were closed Thursday, and close early today at 1 p.m. because of the American Thanksgiving holiday, were also positive.
The Dow Jones industrial average gained 51.02 points to 19,134.20, the S&P 500 was up 5.4 points to 2,210.12, and the Nasdaq composite rose 9.04 points to 5,389.72.
The Canadian dollar was at 74.02 cents US, down 0.10 of a U.S. cent from Thursday’s close.
The January crude contract fell $1.18 to US$46.78 per barrel and January natural gas rose six cents to US$3.21 per mmBTU.
The December gold contract fell $4.70 to US$1,184.60 an ounce and December copper contracts were up six cents at US$2.67 a pound
The post Stock indexes slightly positive, loonie down, crude and gold lower appeared first on Canadian Business – Your Source For Business News.
Comparing rates of return
– moneysense.ca
brightcove.createExperiences();
Q: I get confused when comparing rates of return. If a mutual fund’s rate of return is 4% and an ETF’s is 4%, are they equal? I understand that ETFs have lower fees, but aren’t both posted rates net of fees?
—Patrick Fisher, Victoria
A: Comparing apples to apples isn’t easy when it comes to investment products. You’re right that the rates of return for most mutual funds and ETFs are net of fees. But you need to factor in how you pay for the products you invest in and the services that may come alongside those products.
Research and Statistics Manager at Investment Funds Institute of Canada, Alykhan Surani explains, “mutual fund returns include the trailer fee paid to the dealer for fund distribution and advice. Most ETFs don’t include a trailer fee and, if purchased through an advisor, the advice and distribution charges are paid separately and not reflected in the posted rate of return…
Pork giant Olymel takes over southern Alberta hog producer Pinnacle Farms
– canadianbusiness.com
STRATHMORE, Alta. – One of Canada’s largest pork companies has taken over southern Alberta hog producer Pinnacle Farms.
Olymel L.P says it becomes the owner of all Pinnacle’s assets, which include quarantine, sow, nursery and finishing barns.
It also takes over management of the operation near Strathmore, east of Calgary.
The cost of the acquisition isn’t being disclosed.
Pinnacle, which employs 30 people, has been supplying finishing hogs to Olymel for more than four years.
The pork giant says its goal is to produce more than 1.5 million hogs annually in Western Canada by 2020 to meet a growing demand from customers.
Olymel has a processing plant in Red Deer, Alta., with more than 1,500 workers.
The company employs almost 11,500 people, including more than 8,000 in Quebec, and has large facilities in Ontario, Alberta, New Brunswick and Saskatchewan.
It exports nearly one-third of its total sales to more than 65 countries, but mainly to the United States, Japan and Australia…
Olymel L.P says it becomes the owner of all Pinnacle’s assets, which include quarantine, sow, nursery and finishing barns.
It also takes over management of the operation near Strathmore, east of Calgary.
The cost of the acquisition isn’t being disclosed.
Pinnacle, which employs 30 people, has been supplying finishing hogs to Olymel for more than four years.
The pork giant says its goal is to produce more than 1.5 million hogs annually in Western Canada by 2020 to meet a growing demand from customers.
Olymel has a processing plant in Red Deer, Alta., with more than 1,500 workers.
The company employs almost 11,500 people, including more than 8,000 in Quebec, and has large facilities in Ontario, Alberta, New Brunswick and Saskatchewan.
It exports nearly one-third of its total sales to more than 65 countries, but mainly to the United States, Japan and Australia…
