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The new Canadian Mortgage Charter explained - CBC News + MORE Nov 23rd
The new Canadian Mortgage Charter explained CBC NewsWhen people are worried about job security they don't buy a new house: mortgage broker BNN BloombergCanada has a new measure to help homeowners pay their mortgages. Here’s what you need to know NOW TorontoNot all .... More »
The MoneySense Find a Qualified Advisor Tool + MORE Nov 6th
Welcome to the MoneySense Find a Qualified Advisor tool. We’ve partnered with the Financial Planning Association of Canada (FPAC) to create a directory of credentialled advisors providing financial planning and investing services across Canada. All of the advisors in our Find a Qualified Advisor t.... More »
What happens to an RESP when a family moves to the U.S.? + MORE May 8th
It’s a familiar story: a family builds their life in Vancouver, does all the right things, opens a registered education savings plan (RESP), contributes diligently, and collects the Canada Education Savings Grant (CESG). Then, an opportunity arises south of the border—a job offer, a lifestyl.... More »
The power of a last will and testament: How your final wishes can make an impact + MORE Aug 28th
We know that more than half of Canadian adults do not have a will. There are a variety of reasons for this, but one of the notions most commonly expressed by holdouts is that “it’s obvious who will be getting my estate.”
In most cases, this couldn’t be further from the truth. In fact, if you.... More »
Watch the ScotiaAdvice+ Virtual Panel: Investing in Uncertain Times Jan 18th
Panellists
Jean-François Perrault
Senior Vice-President and Chief Economist, Scotiabank
Judith Chan, CFA
Portfolio Manager and Director of Portfolio Solutions
Scotia Global Asset Management, Scotiabank
Iris Gu
Financial Advisor, Investment and Retirement Planning, Scotiabank
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Making sense of the markets this week: July 26
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.Earnings to drive Tesla stock into orbit?
Tesla has disrupted the entire automotive industry. The global leader in electric vehicles now has greater stock market value than Ford, Chrysler and GM combined. So why is Tesla not in the S&P 500?
While Tesla’s growth story has been incredible, the company left investors waiting for those profits to follow. (And we’re not even going to get into its always controversial leader Elon Musk.) Long story short, Tesla is not a S&P 500 constituent because it hasn’t been profitable for long enough.
This from Fortune magazine:
“To be included in the S&P 500, not only must a company have netted a (GAAP) profit over the past four quarters combined, it must also record positive net income for the most recent quarter. That means, while the electric vehicle maker has reported a profit for the past three quarters in a row, according to the rules, Tesla must also post a profit for the second quarter of 2020, when it reports those financial results…
