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Should you hold gold in a RRIF? Aug 7th
Ask MoneySense
I have a RRIF (registered retirement income fund) and I am looking to shift it to gold. I am 65 years old. Is this safe and does this make sense?
—Audrey
Investing in gold for retirement in Canada
Gold prices have surged recently, rising 26% over the past year. Silver has .... More »
A guide to five-year fixed mortgage rates + MORE Feb 28th
After consecutive years of record-low interest rates in Canada, many experts predict we are entering a period of rising rates—which would make the cost of borrowing money, be it for a mortgage or a student loan, more expensive. The possibility of these rate hikes can make the stability of a f.... More »
A complete guide to TFSA accounts in 2022 Jan 31st
In 2009, the federal government introduced Tax-Free Savings Accounts (TFSAs). This account quickly became popular with investors since it was another savings vehicle that allowed people to tax-shelter their money. However, the name is misleading, and many people still don’t understand how TFSA.... More »
Global stock markets have lost $6 trillion in value in six days - CNBC + MORE Feb 28th
Global stock markets have lost $6 trillion in value in six days CNBCCoronavuirus fears devastate Dow Jones by 4.4 per cent Sky News AustraliaCoronavirus spread sparks “bloodbath” on Wall Street World Socialist Web SiteHere's how long stock market corrections last.... More »
Making sense of the markets this week: January 18, 2021 Jan 16th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The stock markets kick off 2021
So far, the stock markets of 2021 have picked up where they left off in 2020: with more gains.
And sector by sector, we are seeing some los.... More »
At the open: Quarterly results, bank shares boost TSX
– theglobeandmail.com
S&P, Dow start higher after two sessions of losses
CIBC kicks off bank results with dividend hike, beats expectations
– theglobeandmail.com
First-quarter net earnings slip to $1.32-billion from $1.4-billion a year earlier
The Liberals’ supercluster plan is an economic fantasy
– macleans.ca
Navdeep Bains, Minister of Innovation, Science and Economic Development announces proposals under the $950-million Innovation Superclusters Initiative in Ottawa, Thursday, Feb. 15, 2018. (THE CANADIAN PRESS/Fred Chartrand)Alex Usher is president of Higher Education Strategy Associates and a fellow-in-residence of the CD Howe Institute.
Last week, at a media event at the National Science and Technology Museum in Ottawa, Innovation Minister Navdeep Bains posed a question on behalf of the entire country. “What,” he asked, “is a supercluster”? Well might he ask.
The term is on everyone’s lips right now because the Liberal government just announced $950 million in supercluster spending. The cluster concept isn’t new: it’s been around in academic circles since the 1980s and business guru Michael Porter gave the notion its first mass-market outing in his 1990 book The Wealth of Nations. (The adoption of the prefix “super” is mostly a Liberal branding exercise.) The term simply encompasses the fairly banal observations that some geographic areas get big and rich by being home to a dense network of firms in a single economic field…
SNC-Lavalin tops profit estimates, forecasts strong 2018 earnings
– theglobeandmail.com
Net income attributable to shareholders rose to $52.4-million, or 30 cents per share, for the quarter ended Dec. 31
CIBC says it is boosting its quarterly payment to common shareholders by three cents to $1.33 per share as the bank reported first-quarter earnings that were better than the market had been forecasting.
