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This 29-year-old was laid off early in the pandemic. She recently found a job, but now her investment property sits vacant. How can she achieve her saving goals? Jan 4th
Sarah has always seen herself as regimented and in control of her money, but this pandemic year has taken her for quite a spin..... More »
Does buying GICs still make sense after the recent rate cuts? + MORE Oct 2nd
The Bank of Canada (BoC) recently lowered its policy interest rate by another 25 basis points, from 4.50% to 4.25%. It was the central bank’s third consecutive cut, and economists widely expect more cuts before the end of the year.
What does it mean for Canadians as borrowers and savers when in.... More »
10 financial buzzwords we kept hearing in 2024 + MORE Dec 27th
In 2023, we heard a lot about “soft saving” and “quiet hiring.” In 2024, job-related buzzwords continued to trend, with plenty of chatter around “coffee badging,” “resenteeism” and others. Below, we discuss these and other money-related terms that stood out to the MoneySense editoria.... More »
When does the “plus 1” rule apply to a principal residence? + MORE Jan 23rd
If I am willed a house and prefer to sell my primary residence to move into the inherited house, do I pay capital tax on the sale of my house?Is it better to be on title of the house I will inherit, even though I own another house, or leave it as an inherited house only to save taxes?—Doris
Tax.... More »
Canada space investment key to future growth, experts say - Barrie 360 Apr 12th
Canada space investment key to future growth, experts say Barrie 360View Full Coverage on Google News.... More »
Canada’s investment agency a good first step, but next moves will be a challenge
– theglobeandmail.com
The new agency’s greatest challenge isn’t a lack of resources. It’s U.S. President Donald Trump and the uncertainty gripping investment in Canada.
Defence Minister Harjit Sajjan answers a question during Question Period in the House of Commons in Ottawa on Thursday, June 9, 2016. (Adrian Wyld/CP)Harjit Sajjan is Canada’s minister of defence. Here, he responds to an opinion piece by Ken Hansen on national defence spending, which first appeared on macleans.ca.
On Jun. 7, 2017, our government announced Canada’s defence policy, Strong, Secure, Engaged. Our new defence policy ensures that the women and men of the Canadian Armed Forces have the funding, resources, critical equipment and support they need to succeed in their missions.
Ken Hansen’s recent article, “What’s happening to Canada’s defence spending?”, claims that Budget 2018 does not provide the funding required to meet the needs of our military. In fact, the funding for Strong, Secure, Engaged was already approved, set aside and announced when our policy was released. The financial plan laid out in Strong, Secure, Engaged is not only fully costed but fully funded…
Toronto stocks, loonie close higher, while U.S. markets mixed
– canadianbusiness.com
TORONTO – Canada’s main stock index closed higher Monday as the loonie moved up against the U.S. dollar on a mixed day for the markets.
The S&P/TSX composite index closed up 26.98 points to 15,604.79 in a day that saw gold and base metals move higher while energy stocks weighed in the market.
In New York, the Dow Jones industrial average was down 157.13 points to 25,178.61. The S&P 500 index was down 3.55 points to 2,783.02 and the Nasdaq composite index was up 27.51 points to close at another record high of 7,588.32.
The Canadian dollar closed at 77.94 cents US, up 0.06 of a US cent.
The April crude contract was down 68 cents to US$61.36 per barrel and the April natural gas contract was up five cents at US$2.78 per mmBTU.
The April gold contract was down $3.20 to US$1,320.80 an ounce and the May copper contract was down one cent to US$3.12 a pound.
The post Toronto stocks, loonie close higher, while U.S. markets mixed appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index closed up 26.98 points to 15,604.79 in a day that saw gold and base metals move higher while energy stocks weighed in the market.
In New York, the Dow Jones industrial average was down 157.13 points to 25,178.61. The S&P 500 index was down 3.55 points to 2,783.02 and the Nasdaq composite index was up 27.51 points to close at another record high of 7,588.32.
The Canadian dollar closed at 77.94 cents US, up 0.06 of a US cent.
The April crude contract was down 68 cents to US$61.36 per barrel and the April natural gas contract was up five cents at US$2.78 per mmBTU.
The April gold contract was down $3.20 to US$1,320.80 an ounce and the May copper contract was down one cent to US$3.12 a pound.
The post Toronto stocks, loonie close higher, while U.S. markets mixed appeared first on Canadian Business – Your Source For Business News.
Three stock recommendations ahead of marijuana legalization
– theglobeandmail.com
Matt Bottomley, the Alternative Pharmaceuticals research analyst at Canaccord Genuity, recently spoke with The Globe and shared his thoughts on the cannabis market
Trump blocks Broadcom takeover of Qualcomm
– theglobeandmail.com
Qualcomm had earlier rebuffed Broadcom’s $117-billion takeover bid, which was under investigation by the Committee on Foreign Investment in the United States
