How to go about securing the best return for your investment in Canada.
Latest News
The complete guide for first-time home buyers in Canada Mar 26th
Buying your first home is an exciting experience, but it can also be an overwhelming one—especially if you’re not sure where to start. That’s why we’ve outlined some simple steps that anyone shopping for a home should take, from figuring out what you can actually afford to getting pre-approv.... More »
The struggle to put Venezuela back on the path to economic health: Don Pittis May 22nd
Oil wealth alone should make all Venezuelan families U.S. dollar millionaires. What went wrong and how can it be fixed?.... More »
The best GIC rates in Canada for 2024 + MORE Jun 3rd
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare now
Why trust us
MoneySense is an award-winning magazine,.... More »
The best GIC rates in Canada for 2025 + MORE Mar 17th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Hot stocks: Canada’s top performers in Q4 2025 Jan 5th
Canadian stock markets slowed somewhat in the final quarter of 2025 but still posted gains to cap the year, driven largely by the surging materials sector. Metals and mining stocks represented nine out of the top 10 performers among mid- and large-capitalization stocks (see table below), the only ou.... More »
Facebook to buy Whatsapp startup for $19-billion in cash and stock
– theglobeandmail.com
Mobile messaging company’s co-founder to join Facebook board
Facebook to Buy WhatsApp, a Messaging Start-Up, in a $16 Billion Deal – New York Times
– news.google.ca
San Francisco ChronicleFacebook to Buy WhatsApp, a Messaging Start-Up, in a $16 Billion DealNew York TimesCreated by two former Yahoo engineers in 2009, WhatsApp is consistently ranked highly in various app stores. Updated, 5:47 p.m. |. Facebook said on Wednesday that it would acquire WhatsApp, a messaging start-up, for $16 billion in cash and stock.Facebook to buy messaging app WhatsApp for $19bnBBC NewsFacebook to buy WhatsApp for $19 billion in deal shockerReutersFacebook to buy messaging service WhatsApp for $19 billionHindustan TimesLos Angeles Times -Times of India -USA TODAYall 620 news articles »
Regulator issues stern warning on borrowing to invest
– moneysense.ca
The Investment Industry Regulatory Organization of Canada (IIROC) published its “final guidance” on borrowing-to invest strategies Wednesday, stressing the obligations of financial advisers to adequately warn and supervise their clients regarding the use of these often risky strategies.
It’s not uncommon for Canadians to borrow money to make their annual RRSP contribution for instance and pay back the loan with the tax refund the contribution generates, this is called a “gross up” loan. RRSP “top up” and “catch up” loans however are considered more risky since they are typically larger and require investors to pay back the loan from other income sources.
IIROC-regulated firms must have sound policies, procedures and controls in place when borrowing-to-invest strategies are recommended by the firm and its registered representatives, the regulator said in a press release Wednesday. Advisers must also ensure the risks are fully explained and that clients are aware of the potential impact of borrowing-to-invest strategies based on the clients’ financial situation, risk appetite and ability to withstand loss…
It’s not uncommon for Canadians to borrow money to make their annual RRSP contribution for instance and pay back the loan with the tax refund the contribution generates, this is called a “gross up” loan. RRSP “top up” and “catch up” loans however are considered more risky since they are typically larger and require investors to pay back the loan from other income sources.
IIROC-regulated firms must have sound policies, procedures and controls in place when borrowing-to-invest strategies are recommended by the firm and its registered representatives, the regulator said in a press release Wednesday. Advisers must also ensure the risks are fully explained and that clients are aware of the potential impact of borrowing-to-invest strategies based on the clients’ financial situation, risk appetite and ability to withstand loss…
Iamgold reports US$840.3M Q4 net loss; revenue plummets to US$247.2M
– canadianbusiness.com
TORONTO – Iamgold Corp. (TX:IMG) has become the latest gold producer to report a big net loss and, like the others, primarily as a result of a big writedown on assets in the wake of lower gold prices.
The Toronto-based miner with operations in Africa and the Americas says its net loss attributable to equity holders was US$840.3 million or $2.23 per share in the three months ended Dec. 31.
That compared with a fourth-quarter net profit of US$84.6 million or 22 cents per share in the same 2012 period as the company took a US$772.8- million after-tax impairment charge on goodwill and mining assets.
Total attributable proven and probable gold reserves were reduced 10.1 million ounces at the end of 2013, compared with 11.3 million ounces at the end of 2012.
The company also cited a higher cost of sales, a higher share of net losses from joint ventures, impairment of investments and lower gains on the sale of marketable securities for the loss.
Those were partially offset by lower income taxes and lower exploration expenses…
The Toronto-based miner with operations in Africa and the Americas says its net loss attributable to equity holders was US$840.3 million or $2.23 per share in the three months ended Dec. 31.
That compared with a fourth-quarter net profit of US$84.6 million or 22 cents per share in the same 2012 period as the company took a US$772.8- million after-tax impairment charge on goodwill and mining assets.
Total attributable proven and probable gold reserves were reduced 10.1 million ounces at the end of 2013, compared with 11.3 million ounces at the end of 2012.
The company also cited a higher cost of sales, a higher share of net losses from joint ventures, impairment of investments and lower gains on the sale of marketable securities for the loss.
Those were partially offset by lower income taxes and lower exploration expenses…
Business Highlights
– canadianbusiness.com
___
Facebook buying messaging app WhatsApp for up to $19B
NEW YORK (AP) — Facebook is buying mobile messaging service WhatsApp for up to $19 billion, by far the company’s largest acquisition.
The world’s biggest social networking company said Thursday that it is paying $12 billion in Facebook stock and $4 billion in cash for WhatsApp. In addition, the app’s founders and employees will be granted $3 billion in restricted stock that will vest over four years after the deal closes.
Facebook says it is keeping WhatsApp as a separate service, just as it did with Instagram, which it bought for about $715.3 million.
WhatsApp has more than 450 million monthly active users. In comparison, Twitter had 241 million users at the end of 2014.
___
Downside of low inflation: A weaker global economy
WASHINGTON (AP) — Since the Great Recession ended, Americans have struggled with high unemployment, static pay and a slow economy. One thing in their favour has been low inflation. But what the global economy could use right now is a dose of higher prices…
Facebook buying messaging app WhatsApp for up to $19B
NEW YORK (AP) — Facebook is buying mobile messaging service WhatsApp for up to $19 billion, by far the company’s largest acquisition.
The world’s biggest social networking company said Thursday that it is paying $12 billion in Facebook stock and $4 billion in cash for WhatsApp. In addition, the app’s founders and employees will be granted $3 billion in restricted stock that will vest over four years after the deal closes.
Facebook says it is keeping WhatsApp as a separate service, just as it did with Instagram, which it bought for about $715.3 million.
WhatsApp has more than 450 million monthly active users. In comparison, Twitter had 241 million users at the end of 2014.
___
Downside of low inflation: A weaker global economy
WASHINGTON (AP) — Since the Great Recession ended, Americans have struggled with high unemployment, static pay and a slow economy. One thing in their favour has been low inflation. But what the global economy could use right now is a dose of higher prices…
