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B.C. ranchers say costs of wildfires likely top hundreds of millions + MORE Jul 26th
The British Columbia Cattlemen’s Association says wildfires have inflicted a terrible financial and emotional toll on its members.
Association manager Kevin Boon says wildfires that broke out earlier this month in B.C.’s Cariboo and Chilcotin regions are estimated to have charred about 1.... More »
Battle of the generations: Who’s having the toughest time with finances in Canada? Sep 10th
OK, Boomer. That phrase evokes images of memes that starkly paint the divide between the generations. But when it comes to money, it turns out Canadians of all ages are on the same page. For the annual MoneySense survey, we asked Canadians to identify their generation and share their thoughts on mon.... More »
Key financial habits of self-made millionaires Jul 3rd
Adopting these millionaire habits will help you realize savings almost right away, Lesley-Anne Scorgie writes..... More »
Blue Jays trade JA Happ to Yankees for Brandon Drury, prospect - CBC.ca + MORE Jul 26th
CBC.caBlue Jays trade JA Happ to Yankees for Brandon Drury, prospectCBC.caToronto general manager Ross Atkins says competitive baseball teams are increasingly less willing to part with top prospects when they tool up for a playoff run. So while the Blue Jays didn't get a blue-chip minor leaguer.... More »
What are call options? Why should retirees care about them? + MORE Feb 10th
Amid the tumult of sharply rising interest rates, stubbornly high inflation and geopolitical risks, stocks have continued to slide. The market rout that began in early 2022 has hit retirees and those saving for retirement particularly hard.
Even bonds, usually thought of as a safe haven for .... More »
How the stock market would fare if Trump was impeached
– moneysense.ca
FILE – In this May 18, 2017 file photo, President Donald Trump speaks in the East Room of the White House in Washington. Trump’s attorneys originally wanted him to submit an updated financial disclosure without certifying the information as true, according to correspondence with the Office of Government Ethics. (AP Photo/Susan Walsh, File)Donald Trump likes to say he moves markets. The past week provided concrete proof of that claim: The Donald acted, and markets fell.
Since the election, markets have largely tuned out the negative headlines about Trump and his administration. Markets generally viewed the goings on in the White House as a distraction from Trump’s promise to implement his so-called pro-growth agenda, such as tax reform.
But the news that Trump allegedly made a personal appeal to then-FBI director James Comey to drop the bureau’s investigation into former national security adviser Michael Flynn, altered the landscape. That revelation shifted the market’s view that Trump’s agenda might not just be delayed, but completely derailed…
U.S. stocks were higher Monday while Canada’s benchmark stock index the TSX was closed for the May long weekend.
The Aeroplan saga ends a long, useless financial detour
– theglobeandmail.com
Aimia, the company which operates the Aeroplan loyalty program, was recently dumped by Air Canada, which will start its own in-house frequent-flier scheme starting in 2020
At the open: Wall St. opens higher as oil, defence stocks gain
– theglobeandmail.com
Climbing crude prices bolster energy shares; Ford stock climbs after CEO replaced
The Canadian banks are expected to benefit from rising U.S. interest rates and fewer bad loans in the oilpatch as they start reporting their latest quarterly results this week, but analysts say worries about the housing market and consumer debt remain key concerns.
