There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Canadians are reconsidering relationships over money, survey finds + MORE Feb 25th
When you’re starting a relationship, money might not be the first topic on your mind—but it can make or break a partnership. According to the 2026 Love and Money Benchmark Survey from Money Mentors, nearly 1 in 5 Canadians (17%) have considered ending a relationship because of financial issuesâ€.... More »
Brexit: a value play or value trap? Apr 15th
Are you tired of hearing about Brexit? Well, get in line. Over the last year, the U.K.’s European Union debacle has taken several ridiculous twists and turns. I won’t attempt to list everything that’s happened, as it’s been one of the more confusing political events in history, but as of rig.... More »
Looking for a mortgage in B.C.? Don’t limit your options to the big banks Aug 9th
At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »
S&P/TSX composite index hits record closing high + MORE Jun 20th
Canada's main stock index closed at a record high Wednesday, boosted by a broad-based rally on the market..... More »
How to have the most tax-efficient retirement income plan Mar 22nd
Ask MoneySense
I am 59 years old, semi-retired and live in Ontario. I have $302,000 in my non-registered investment account (mostly Canadian equities), $133,000 in my TFSA (in equities), and $287,000 in my RRSP (in equities). I have three non-registered GICs, in 1-, 2- and 3-year terms, all earning .... More »
Dividend increases predicted as energy companies roll out rare good news reports
– canadianbusiness.com
CALGARY _ A rally in oil prices that started late last year and shows no signs of stopping in 2018 is expected to pave the way for bigger payouts for long-suffering Canadian energy investors as fourth-quarter reporting season gets underway in the next month.
Researchers at both AltaCorp Capital Inc. and BMO Capital Markets predicted in reports this week that Calgary-based Husky Energy Inc. will reinstate a modest cash dividend to replace the one it cancelled in late 2015 because of low commodity prices.
Husky CEO Rob Peabody said the board has yet to make a final decision on the dividend but he agreed that the financial conditions are right to allow it to be reinstated.
“My view is we should put in a dividend that is compatible with our peers but, if anything, a little to the low side … (so) it can grow over time, because that’s what investors seem to value the most,” he said during a presentation at a CIBC conference webcast from Whistler, B.C., on Wednesday.
The BMO report predicted Husky’s shareholder payouts would be set at around 30 cents per share per year…
Researchers at both AltaCorp Capital Inc. and BMO Capital Markets predicted in reports this week that Calgary-based Husky Energy Inc. will reinstate a modest cash dividend to replace the one it cancelled in late 2015 because of low commodity prices.
Husky CEO Rob Peabody said the board has yet to make a final decision on the dividend but he agreed that the financial conditions are right to allow it to be reinstated.
“My view is we should put in a dividend that is compatible with our peers but, if anything, a little to the low side … (so) it can grow over time, because that’s what investors seem to value the most,” he said during a presentation at a CIBC conference webcast from Whistler, B.C., on Wednesday.
The BMO report predicted Husky’s shareholder payouts would be set at around 30 cents per share per year…
Quebec to cut taxes for small, medium sized businesses in next budget: Couillard
– canadianbusiness.com
SHANGHAI _ The Quebec Liberals are planning to cut taxes for small- and medium-sized businesses in the next provincial budget, Premier Philippe Couillard said Thursday.
He told reporters accompanying him on a trade mission to China that those businesses find themselves under increased pressure due to changes to pension rules and an impending hike to the minimum wage.
“I think if someone were to bet on a tax effort for companies, especially our small- and medium-sized firms, they would probably have a good chance of winning that bet,” Couillard said.
He wouldn’t go into details about the budget _ the fifth put forth by his government _ but said his government would be “cautious” while maintaining fiscal and financial responsibility.
Couillard said Quebec does not plan to further reduce personal taxes because the province has already made efforts to cut them.
For example, he noted that a family of four with an annual income of $90,000 has already received a $1,000 tax cut and will be getting a government cheque to offset school supply costs…
He told reporters accompanying him on a trade mission to China that those businesses find themselves under increased pressure due to changes to pension rules and an impending hike to the minimum wage.
“I think if someone were to bet on a tax effort for companies, especially our small- and medium-sized firms, they would probably have a good chance of winning that bet,” Couillard said.
He wouldn’t go into details about the budget _ the fifth put forth by his government _ but said his government would be “cautious” while maintaining fiscal and financial responsibility.
Couillard said Quebec does not plan to further reduce personal taxes because the province has already made efforts to cut them.
For example, he noted that a family of four with an annual income of $90,000 has already received a $1,000 tax cut and will be getting a government cheque to offset school supply costs…
Canadian dollar continues to rise as Toronto stock index slides lower
– canadianbusiness.com
TORONTO _ The loonie continued to strengthen against a weakened greenback today, as the Toronto stock index fell moderately amid slumping oil prices.
The Canadian dollar closed at an average trading value of 81.15 cents US, up 0.12 of a U.S. cent.
The S&P/TSX composite index was down 80.20 points to 16,204.01, amid a broad-based decline in major sectors.
In New York, the Dow Jones industrial average climbed 140.67 points to 26,392.79. The S&P 500 index inched up 1.71 points to 2,839.25 and the Nasdaq composite index edged back 3.90 points to 7,411.16.
The March crude contract was down 10 cents to US$65.51 per barrel and the March natural gas contract added two cents to US$3.10 per mmBTU.
The February gold contract advanced US$6.60 cents to US$1,362.90 an ounce and the March copper contract was down one cent to US$3.22 a pound.
The post Canadian dollar continues to rise as Toronto stock index slides lower appeared first on Canadian Business – Your Source For Business News.
The Canadian dollar closed at an average trading value of 81.15 cents US, up 0.12 of a U.S. cent.
The S&P/TSX composite index was down 80.20 points to 16,204.01, amid a broad-based decline in major sectors.
In New York, the Dow Jones industrial average climbed 140.67 points to 26,392.79. The S&P 500 index inched up 1.71 points to 2,839.25 and the Nasdaq composite index edged back 3.90 points to 7,411.16.
The March crude contract was down 10 cents to US$65.51 per barrel and the March natural gas contract added two cents to US$3.10 per mmBTU.
The February gold contract advanced US$6.60 cents to US$1,362.90 an ounce and the March copper contract was down one cent to US$3.22 a pound.
The post Canadian dollar continues to rise as Toronto stock index slides lower appeared first on Canadian Business – Your Source For Business News.
