All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Coronavirus will not be the only crisis the world has to face. Here’s how to prepare your portfolio Feb 4th
In this time of global uncertainty, the best way to protect your assets is to have some of your money in these safe havens, writes Gordon Pape..... More »
Why Alibaba Stock Just Popped 6% - Motley Fool Dec 29th
Why Alibaba Stock Just Popped 6% Motley FoolAlibaba shares drop as China ramps up pressure on e-commerce giant CNBC TelevisionAnt Group weighs holding company for financial businesses to placate regulators, sources say theglobeandmail.comChina strives to get balance .... More »
Retiring without a pension? How to generate retirement income in Canada + MORE Jun 1st
There once was a time when retirement planning was relatively straightforward for most Canadians. You put in the years at work and then, somewhere around your 65th birthday, your employer and co-workers sent you off into retirement with a small celebration, maybe a gift or two, and a reasonable, pre.... More »
Choosing ETFs: The folly of cutting fees at all costs + MORE Jun 7th
There’s a price war going on, and you’re the winner: Canadian ETFs have never been cheaper. An investor can now build a Couch Potato portfolio with an annual management fee of just 0.12%, less than half what it cost just a few years ago.
Keeping costs low is essential, and most Canadians are pay.... More »
Claude Mongeau to step down as CN Rail CEO + MORE Jun 7th
MONTREAL — Canadian National Railway will have its third leader in more than six years after the CEO of the country’s largest railway said Tuesday he’s stepping down because a medical condition makes it difficult to continue in the job.
Claude Mongeau returned to work in January after.... More »
Stock Pick: Canadian Natural Resources (CNQ) keeps growing as oil falters
– canadianbusiness.com
Energy sector performance has been up and down over the last year, but one company that’s seen its stock price perform consistently well is Calgary’s Canadian Natural Resources (TSX: CNQ).
Over the last 12 months, shares of this oil and gas producer have climbed by 22% – the S&P/TSX Capped Energy Index, meanwhile, is up just 4.5% over the same time period.
Garey Aitken, a portfolio manager with Franklin Bissett Investment Management, thinks that the company will continue to do well in the year ahead. It’s a “very influential” name with a “best in class” management team, he says.
While other companies have fallen on tough times, CNQ has continued growing its free cash flow and its production, in part, through acquisitions. In June 2013 it purchased Barrick Energy Inc., which boosted the company’s light oil reserves.
He points to the company’s history of dividend growth as another reason to buy. It’s upped its payout for 13 consecutive years and while the current 2…
How to Painlessly Transfer your Account from one Broker to Another
– canadiancapitalist.com
If you have just opened a trading account with a new discount broker or you have accounts in different places and want to consolidate, you’ll need to transfer your holdings between brokers. In this post, I have put together a detailed checklist on what you have to do to make this process as painless as possible.
Pre-Transfer Steps
Pre-Transfer Steps
Transferring accounts between institutions costs money. The transferring institution will charge you a transfer out fee of about $150. If you have his-and-hers RRSPs, his-and-hers TFSAs and a joint investment account, you are looking at a total of $750 in fees. Therefore, the very first thing you should do is call the receiving institution and ask them to cover the cost of transfer. Note down the details of the call: the date and time, who you spoke with and the accounts for which the refund will apply.
Scrub your holdings in the transferring brokerage. You should be able to transfer out stocks, exchange-traded funds, most mutual funds, bonds and most GICs…
60 days – 1.55%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
Canada Stocks to Watch: CN, TMX, Goldcorp, Osisko and more
– blogs.wsj.com
Canadian National Railway, TMX, Goldcorp, Osisko and Intact Financial are a few of the stocks we’re watching Wednesday.
