Making sense of the markets this week: April 28, 2024 + MORE Apr 26th

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Parents fear for their kids’ financial future but avoid the money talk + MORE Dec 4th

If you’re dreading having the money talk with your kids, you’re not alone. RBC’s recent poll, Talking Money with Our Kids, revealed some surprising attitudes towards financial education. The majority of Canadians polled say they feel stress about their children’s financial futures—and that.... More »

Ford government threatens to take control of real estate watchdog as realtors call for answers - CTV News Aug 31st

Ford government threatens to take control of real estate watchdog as realtors call for answers  CTV NewsCanada’s largest private landlord often dramatically increases eviction applications after acquiring buildings, study finds  Toronto StarOntario real estate agency has accoun.... More »
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Making the most of the pension tax credit Nov 28th

Ask MoneySense I liked your coverage of RRIF taxation. I would like to see more information on LIF taxation. More precisely, on the following scenario: Individuals do not get the $2,000 tax credit for RRIF withdrawals before age 65. Did I read properly that for LIF withdrawals the $2,000 tax cr.... More »

What’s behind the retreat in responsible investing? + MORE Oct 15th

Socially responsible investing is down but not out in Canada, a new survey of investment advisors by the Responsible Investment Association (RIA) has found. Just under two-thirds of advisors (64%) report using responsible investing (RI) approaches and investments, down from 73% in 2023. But the shar.... More »

N.B. wants to sell its stock of American alcohol removed in anti-Trump protest Oct 11th

FREDERICTON - The New Brunswick Liquor Corporation says it wants to sell the remaining $3.4 million worth of American alcohol removed from store shelves in protest of the policies of U.S. President Donald Trump..... More »
Stock market today: Stocks build on tech-fueled jump as market takes PCE in its stride  Yahoo FinanceAlphabet, Microsoft earnings show hefty AI bets are driving growth  The Globe and MailTech Powers Stocks as Traders Look Beyond Data: Markets Wrap  Financial PostStock Market Today: Dow Jones Rises Ahead Of Inflation Data; Google, Microsoft Surge  Investor’s Business DailyThe Daily Chase: Big tech beats, oil earnings disappoint  BNN Bloomberg

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Making sense of the markets this week: April 28, 2024Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.

Google starts paying out

Several big tech names made waves this week, but for very different reasons.

Tech earnings highlights
All amounts in U.S. dollars.

Alphabet (GOOGL/NASDAQ): Earnings per share came in at $1.89 (versus $1.51 predicted) on revenues of $80.54 billion (versus $78.59 billion predicted).

Microsoft (MSFT/NASDAQ): Earnings per share of $2.94 (versus $2.82 predicted), and revenues of $61.86 billion (versus $60.80 predicted).

Meta/Facebook (META/NASDAQ): Earnings per share coming in at $4.71 (versus $4.32 predicted) and revenues of $36.46 billion (versus $36.16 predicted).

IBM (IBM/NYSE): Earnings per share of $1.68 (versus $1.60 predicted) and revenues of $14.46 billion (versus $14.55 billion predicted).

Alphabet crushed earnings and revenues on Thursday, sending shares up 14% in after-hours trading…

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