All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
“Get to know and minimize the investing fees you pay”: Michael McCullough, MoneySense contributing editor + MORE Oct 30th
Financial writer and editor Michael McCullough has made a career of helping Canadians understand a wide range of money topics, from real estate to alternative investments. In addition to being a MoneySense contributor and contributing editor, Michael writes for The Globe and Mail and BCBusiness, and.... More »
Can I diversify with a few stocks or do I need a mutual fund? + MORE Mar 24th
Having a few stocks doesn’t add up to the diversification of a fund. Shutterstock
Q. I would like to know if it’s better to own diverse stocks (for instance, one bank stock, one energy stock, one railway stock, one telecom, etc.) or mutual funds which are no-load and low MER such .... More »
Ski-Doo maker BRP reports Q4 earnings, delays financial forecast + MORE Mar 27th
Economic uncertainty stirred up by whipsawing U.S. tariff threats prompted BRP Inc. to push back its financial forecast for the coming year, with the trade limbo exacerbating weak consumer demand that drove the Ski-Doo maker to an earnings loss last quarter.
“There’s still the uncer.... More »
Making sense of the markets this week: March 10, 2024 Mar 8th
Allan Small, Senior Investment Advisor at the Allan Small Financial Group with iA Private Wealth, shares financial headlines and offers context for Canadian investors.
Earnings beat expectations—as expected
As we close out the first quarter’s earnings season, the biggest takeaway is that t.... More »
Questrade secures approval to launch Canada’s newest bank Nov 4th
Canadians should soon have a new banking option as Questrade Financial Group says it has secured regulatory approval to launch Questbank. The company, known for its online trading platform, said Monday it received the final go-ahead from the Office of the Superintendent of Financial Institutions. .... More »
Don’t be fooled by these big dividend-growing stocks
– theglobeandmail.com
Some big-name companies have posted negative total returns over the past year
Royal Dutch Shell says it has signed two agreements to sell its undeveloped oilsands interests in Canada for a net consideration of US$7.25 billion.
Could dividend tax changes be on the way?
– moneysense.ca
South of the border the trend under the administration of Donald Trump is towards lower taxes. But here in Canada, high-income investors and modest-income retirees and would-be retirees are looking with trepidation to the March 22nd federal budget.
Last year, the federal Liberals introduced minor cuts to income tax levels for the middle class while pushing the top combined federal/provincial marginal tax rate past the magic 50% in several provinces, including Ontario, where the figure is now a whopping 53.53% (including high-income surtaxes) for those earning $220,000 a year. In other words, when such a high-earner receives a cash bonus on top of the regular salary, those “last” dollars will be taxed at 53.53%, as would interest income in non-registered investment accounts.
Last year, the federal Liberals introduced minor cuts to income tax levels for the middle class while pushing the top combined federal/provincial marginal tax rate past the magic 50% in several provinces, including Ontario, where the figure is now a whopping 53.53% (including high-income surtaxes) for those earning $220,000 a year. In other words, when such a high-earner receives a cash bonus on top of the regular salary, those “last” dollars will be taxed at 53.53%, as would interest income in non-registered investment accounts.
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Now it’s true that anyone interested in this regular Retired Money column is well aware that capital gains and dividends are taxed less harshly than earned income, bonuses or interest…
With new growth fund, big banks preach patience, patriotism
– theglobeandmail.com
The Canadian Business Growth Fund backed by the country’s largest financial institutions is a private-sector experiment urged on by the federal government
Canadian Natural buying Shell, Marathon oilsands holdings for C$12.74 billion
– canadianbusiness.com
Canadian Natural Resources plans to spend C$12.74 billion in cash and shares in a blockbuster deal to acquire the bulk of Royal Dutch Shell’s oilsands holdings and half of Marathon Oil’s minority stake in the Athabasca Oil Sands Project in Alberta.
The transaction, which would bring more of Alberta’s oilsands under the control of a Canadian company, also marks the latest example of an international energy giant divesting oilsands assets. Earlier this year, ExxonMobil announced a writedown of Canadian oilsands reserves and Statoil finalized a $832-million sale of its oilsands assets to Athabasca Oil Corp. of Calgary.
Alberta’s oilsands, the third largest proven oil reserves in the world, are also among the most costly and carbon-intensive to produce. Many companies have reconsidered their investments following a sharp fall in global crude prices.
The proposal announced Thursday would see Royal Dutch Shell get US$5.4 billion cash and nearly 98 million Canadian Natural shares (TSX:CNQ) from the Calgary-based company…
The transaction, which would bring more of Alberta’s oilsands under the control of a Canadian company, also marks the latest example of an international energy giant divesting oilsands assets. Earlier this year, ExxonMobil announced a writedown of Canadian oilsands reserves and Statoil finalized a $832-million sale of its oilsands assets to Athabasca Oil Corp. of Calgary.
Alberta’s oilsands, the third largest proven oil reserves in the world, are also among the most costly and carbon-intensive to produce. Many companies have reconsidered their investments following a sharp fall in global crude prices.
The proposal announced Thursday would see Royal Dutch Shell get US$5.4 billion cash and nearly 98 million Canadian Natural shares (TSX:CNQ) from the Calgary-based company…
