Ontario Teacher’s Pension Plan bringing in new investment partners at UK airports + MORE Oct 31st

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The best GIC rates in Canada for 2025 + MORE Feb 10th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »

Using a HELOC as an investment strategy: not as taboo as you might think + MORE Jul 25th

Ask MoneySense I wish to leverage my HELOC to invest in dividend-paying investments. How would you advise I approach this? Is this an effective tax savings tool? Is there any financial institution or products you would advise? —Martha Borrowing from a home equity line of credit You know,.... More »

Royal Bank hikes dividend as it reports $3.2B net income in first quarter Feb 22nd

Royal Bank of Canada raised its dividend as it reported quarterly net income of $3.17 billion, up from $3.01 billion a year ago, matching market expectations as market volatility during the period weighed on its earnings..... More »

Dow Jones loses 800 points amid concern over rate hikes Oct 10th

North American stock markets were sharply lower on Wednesday as fears of higher interest rates to come took the wind out of the sails that had been powering returns in recent years..... More »

Shell beats expectations as profit jumps on refining + MORE Nov 2nd

Third-quarter earnings rise to $4.1-billion, compared with $2.8-billion a year earlier .... More »
Fox NewsRepublicans who won't be coming back to Congress after 2018 midterm electionsFox NewsRep. Jeb Hensarling, R-TX., announced Tuesday that he will not run for re-election in 2018. The news comes after Sen. Jeff Flake, R-Ariz., an ardent critic of President Trump, announced earlier in October that he would not seek re-election …Texas Rep. Hensarling latest GOP House retirementNational PostHensarling, GOP Lawmaker Who Oversees Wall Street, to RetireBloombergRep. Jeb Hensarling, staunch opponent of financial regulations, says he will retireWashington PostThe Hill -New York Post -HuffPost -Financial Timesall 65 news articles »

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OTTAWA _ Of all the headaches Bill Morneau is nursing these days, this might be the least of them: what’s the best way to donate millions of dollars in stock-market gains to charity?
Nice problem to have, many Canadians might say.
But even finance ministers have to manage their money, and Morneau is doubtless well aware of the whopping tax bill that will accompany the sale of roughly $21-million worth of shares in his former company, Morneau Shepell.
A cynic might suggest that’s part of the reason he has decided to make a charitable donation out of the difference between what the shares are worth today and what they were worth in 2015 when he first became finance minister _ a dollar figure roughly estimated at around $5 million.
Donating that much to charity will bring a sizeable tax credit that should help to soften the blow. But experts have advice for anyone contemplating such a decision: donate the shares themselves instead of selling them.
It’s in Morneau’s interest to donate the value in shares, since liquidating the stock first would result in a big tax hit, particularly when it comes to capital gains, said accountant Robert Kleinman, executive vice-president of The Jewish Community Foundation of Montreal…

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LONDON _ The Ontario Teachers’ Pension Plan says it is selling off 30 per cent of its stakes at two United Kingdom regional airports to broaden its investment strategy.
The deal will see Australia’s New South Wales Treasury Corporation and Sunsuper Superannuation Fund each acquire a 15 per cent stake of Ontario Teachers’ ownership in Bristol Airport and Birmingham Airport.
Ontario Teachers’ has been an investor at the two airports since 2001, increasing its stakes to 100 per cent at Bristol and 48.25 per cent at Birmingham in 2014 with the intention of bringing in new partners.
Following completion, Ontario Teachers’ will own 70 per cent of Bristol Airport and 33.8 per cent of Birmingham Airport.
The sale is expected to complete in late November.
Bristol Airport is the ninth-largest airport in the U.K. with 7.5 million passengers in 2016 and Birmingham Airport is the seventh-largest airport in the U.K. with 11.6 million passengers in 2016.
“Working with like-minded partners who bring new ideas, capital and expertise to the table is core to our broader investment strategy,” said Andrew Claerhout, head of infrastructure at Ontario Teachers’…

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How can forex traders keep up-to-date with daily trading opportunities?At present, an estimated $5.1 trillion is traded through the forex market every single day. Even though this has fallen incrementally since its peak in 2013, it distinguishes an incredibly lucrative and popular marketplace for traders of all descriptions.
The volatile and liquid nature of the market poses a unique set of challenges for investors, however, making it difficult for them to identify the wealth of opportunities that can present themselves during each 24-hour period.
In this post, we will discuss three ways in which investors can keep up-to-date with these and optimise their daily trading: 

Utilise real-time news rooms

Whether you decide to day trade (which requires you to open and close multiple positions during a 24-hour period) or adopt a longer-term outlook, you need to time your efforts in line with the prevailing macroeconomic climate. This means monitoring real-time news and trends, before using knowledge and a keen sense of determinism to decide how to organise your trades…

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