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Making sense of the markets this week: January 25, 2021 Jan 24th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The best post-election surge in modern presidential history
Stocks gained about 13% between U.S. election day and Jan,19, the day before Joe Biden’s inauguration—mar.... More »
Toronto to explore municipal sales tax as part of plan to tackle 'unprecedented financial crisis' - CBC.ca Aug 17th
Toronto to explore municipal sales tax as part of plan to tackle 'unprecedented financial crisis' CBC.caChow to endorse new revenue tools as Toronto sends signal to Ottawa and Queen’s Park Toronto StarOlivia Chow to endorse new revenue tools as Toronto sends signal to Ottawa .... More »
ETF strategies to help Canadian investors combat a weak loonie + MORE Jan 29th
While recent moves from the Bank of Canada and the U.S. Federal Reserve primarily influence borrowing costs, they’ve also contributed to a sharp divergence in currency exchange rates. Specifically, the Canadian dollar has depreciated significantly against the U.S. dollar. When interest rates .... More »
Making sense of the markets this week: June 14 Jun 11th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Meme stocks: They’re back…
I thought new investors would get tired of losing money. But I guess not.
Crowd co-ordinated investing in companies specifically to drive the .... More »
What expenses can you deduct when renovating a rental property? Jun 13th
Ask MoneySense
I am trying to understand if I am eligible to claim renovation expenses including property taxes, insurance, rental loss, etc. on an investment property I bought and completed renovations on.
I purchased a duplex that was rented and then vacated when final purchase went through. Th.... More »
Toronto home prices rebound sharply after short slump, sales drop
– theglobeandmail.com
Toronto Real Estate Board said the average GTA home sold for $775,546 in September, up 5.9 per cent from August’s average of $732,292
Minister of Finance Bill Morneau speaks during a press conference before tabling the Fall Economic Statement, on Parliament Hill, Tuesday, Nov. 1, 2016 in Ottawa. THE CANADIAN PRESS/Justin TangOTTAWA – Finance Minister Bill Morneau says changes will be necessary to the Trudeau government’s contentious proposals to reform parts of the tax system.
Morneau said Tuesday that the government will review the feedback it received on its three-part tax plan during a 75-day consultation period that ended Monday.
The government will respond with changes to its tax plan so that it meets its goal of making sure the system is fair and encourages investment, he said shortly after an appearance before the Senate.
MORE: Liberals hear fresh warnings on tax reform as consultations end
“Changes are going to be required – as we move forward we will have more information on timing,” Morneau said in a brief interview after facing a barrage of pointed questions from senators over the tax proposals…
GTA sees 35 per cent drop in home sales from year ago – CTV News
– news.google.ca
CTV NewsGTA sees 35 per cent drop in home sales from year agoCTV NewsTORONTO — Home sales in the Greater Toronto Area fell 35 per cent in September compared with the same month last year, although the average selling price rose. The Toronto Real Estate Board said Wednesday sales of all major types of residential …Sales down but condo prices still on the rise in GTA, September real estate figures showCBC.caToronto housing prices drop for fourth monthToronto StarToronto home prices rebound sharply, but sales still slumpFinancial PostBNN -Digital Journal -Reuters -GlobeNewswire (press release)all 10 news articles »
