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Latest News
The Latest: Kremlin says no link to Putin in Panama Papers + MORE Apr 5th
BERLIN – The Latest on the publication by a coalition of media outlets of an investigation into offshore financial dealings by the rich and famous (all times local):
2:30 p.m.
President Vladimir Putin’s spokesman says the Russian leader has no connection whatsoever to offshore accounts a.... More »
Jackson Hole: Markets Ready For Hawkish Powell (Live) - Investor's Business Daily Aug 22nd
Jackson Hole: Markets Ready For Hawkish Powell (Live) Investor's Business DailyPowell, citing jobs risk, opens door to cuts but doesn't commit ReutersPowell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House AP NewsNorth Ameri.... More »
Debt is another four-letter word for most of us + MORE Nov 30th
Learn, save, invest and prosper with My Own Advisor.
A while back on this site I wrote about my distaste for debt. For example, our bank owns close to half our home. Sure, there is “good debt” such as borrowing money for an appreciating asset (like a house) but a mortgage limits our cash flo.... More »
Borrowing money to invest Jun 10th
There are different ways to borrow to invest.
Opening a margin account
A simple option is with a margin account at a brokerage. Depending on the existing investments in the account, a brokerage will lend up to a certain percentage of the value to an investor, at a specified interest rate.
The amount.... More »
COVID-19: Should you buy a home now, or wait? Jun 22nd
It almost goes without saying that COVID-19 has had a far-reaching impact on the Canadian economy and healthcare system in the first half of 2020. As expected, the spring housing market was much cooler than 2019, with the Canadian Real Estate Association (CREA) confirming that May 2020 recorded the .... More »
Most actively traded companies on the TSX, TSX Venture Exchange
– canadianbusiness.com
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (14,651.87 up 68.76 points):
Bombardier Inc. (TSX:BBD.B). Aerospace. Up 23 cents, or 5.50 per cent, to $4.41 on 11.9 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 15 cents, or 1.79 per cent, to $8.21 on 6.8 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down seven cents, or 2.17 per cent, to $3.15 on 4.6 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Down nine cents, or 1.28 per cent, to $6.93 on 4.1 million shares.
Osisko Mining Corp. (TSX:OSK). Miner. Down nine cents, or 1.13 per cent, to $7.85 on 3.7 million shares.
CGI Group Inc. (TSX:GIB.A). Information technology. Up $1.44, or 3.78 per cent, to $39.52 on 3.5 million shares. CGI beat expectations as its net earnings more than doubled in the second-quarter with strong results in Europe offsetting pressure from its U.S. health-care business. It earned $230.9 million or 73 cents per share…
Toronto Stock Exchange (14,651.87 up 68.76 points):
Bombardier Inc. (TSX:BBD.B). Aerospace. Up 23 cents, or 5.50 per cent, to $4.41 on 11.9 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 15 cents, or 1.79 per cent, to $8.21 on 6.8 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down seven cents, or 2.17 per cent, to $3.15 on 4.6 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Down nine cents, or 1.28 per cent, to $6.93 on 4.1 million shares.
Osisko Mining Corp. (TSX:OSK). Miner. Down nine cents, or 1.13 per cent, to $7.85 on 3.7 million shares.
CGI Group Inc. (TSX:GIB.A). Information technology. Up $1.44, or 3.78 per cent, to $39.52 on 3.5 million shares. CGI beat expectations as its net earnings more than doubled in the second-quarter with strong results in Europe offsetting pressure from its U.S. health-care business. It earned $230.9 million or 73 cents per share…
CIBC loses senior investment banker
– theglobeandmail.com
Co-head of technology, diversifieds resigns
Competition in the Canadian grocery industry has reached “historical highs” that is likely to remain unabated in the foreseeable future, Loblaw Companies Ltd. said Wednesday as the country’s largest supermarket chain reported lower first-quarter net earnings but easily beat expectations on adjusted profit.
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.
OTTAWA – Finance Minister Joe Oliver says the federal government could have more than $9 billion in surplus to play with next year, but Canadians shouldn’t expect any massive new spending programs.
The minister told an Ottawa news conference that the Harper government has worked too hard over the past several years to win the war on the deficit to blow it with major new policy measures.
The $9-billion figure includes a $3-billion contingency fund and a $6.4 billion surplus projected for the 2015-16 financial year.
Oliver also says he intends to go ahead with his predecessor’s plan to create a national securities regulator and said draft legislation will be tabled soon.
Only Ontario and British Columbia have so far publicly signed on to the federal plan, but Oliver says there has been progress behind the scenes.
He says the initiative will still be voluntary, however, meaning provinces can sign up or remain out of the new regime.
The post Federal government won’t blow surplus on spending measures appeared first on Macleans…
The minister told an Ottawa news conference that the Harper government has worked too hard over the past several years to win the war on the deficit to blow it with major new policy measures.
The $9-billion figure includes a $3-billion contingency fund and a $6.4 billion surplus projected for the 2015-16 financial year.
Oliver also says he intends to go ahead with his predecessor’s plan to create a national securities regulator and said draft legislation will be tabled soon.
Only Ontario and British Columbia have so far publicly signed on to the federal plan, but Oliver says there has been progress behind the scenes.
He says the initiative will still be voluntary, however, meaning provinces can sign up or remain out of the new regime.
The post Federal government won’t blow surplus on spending measures appeared first on Macleans…
