How one investor found inner peace + MORE May 27th

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'Just quietly benefiting from it': Toronto real estate investors deny they're driving up the market + MORE Nov 7th

Some observers have suggested that domestic investors in Toronto are partially responsible for driving up prices in the hot housing market, making it difficult for prospective home buyers..... More »

After years of faltering, stock pickers see signs of hope + MORE Feb 9th

They’re some of the most-shunned people in investing, and if there were ever a time for them to make a last stand, it’s now. After watching hundreds of billions of dollars head out the door, stock-picking managers of mutual funds say conditions are starting to turn in their favour, and t.... More »

Trump's rivals criticize comment about female moderator - Washington Post Aug 8th

E! OnlineTrump's rivals criticize comment about female moderatorWashington PostATLANTA — Donald Trump's bombast continued to roil the Republican presidential race Saturday, with several rivals criticizing his treatment of a Fox News debate moderator and the organizer of a high-profile po.... More »

The best GIC rates in Canada for 2024 + MORE Jun 4th

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 »
TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (14,658.02, down 57.67 points):
BlackPearl Resources Inc. (TSX:PXX). Oil and gas. Down 11 cents, or 4.56 per cent, to $2.30 on 8.2 million shares.
Sherritt International Corp. (TSX:S). Miner. Up 38 cents, or 8.54 per cent, to $4.83 on 8.2 million shares.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Down three cents, or 0.27 per cent, to $11.13 on 5.3 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down 16 cents, or 5.46 per cent, to $2.77 on 5.1 million shares.
Lundin Mining Corp. (TSX:LUN). Miner. Up one cent, or 0.17 per cent, to $5.99 on 4.2 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Up four cents, or 1.07 per cent, to $3.79 on 3.2 million shares.
Toronto Venture Exchange (985.73, down 9.17 points):
Spartan Energy Corp. (TSXV:SPE). Oil and gas. Up 13 cents, or 3.36 per cent, to $4 on 9.1 million shares.
Porto Energy Corp. (TSXV:PEC)…

Continue Reading On canadianbusiness.com »

SAN JUAN, Puerto Rico – Puerto Rico’s government and one of the island’s biggest banks are locked in a heated battle over $230 million as both sides struggle to regain their financial footing in a wobbly economy.
The dispute between the Treasury Department and Doral Financial Corp. escalated this month when the government announced it was nullifying a multimillion-dollar agreement with the bank, leading a former top U.S. economic official advising the bank to warn on Tuesday that such a move would further spook investors.
“It’s not an option for the government of Puerto Rico to issue that refund. They are legally, politically and morally obliged to do so,” said economist Robert Shapiro, who was undersecretary of commerce in President Bill Clinton’s administration and is now an adviser for Doral Bank.
Barbara Morgan, a spokeswoman for the Treasury Department, declined to comment. She said the agency does not publicly discuss tax-related claims and disputes with taxpayers…

Continue Reading On canadianbusiness.com »

Most people who embrace index investing are attracted to the low fees and the proven performance compared with a majority of active strategies. But another advantage sometimes gets overlooked, and that’s the peace of mind that comes from a long-term plan that allows you to ignore the distractions of daily market movements.
I recently received an email from a long-time reader named Steve, who described his investing journey. “I’m curious if my experience of ‘inner investing peace’ is unique or typical,” he says, so with his permission I’ll share some of the details.
“I’m in my mid-40s and I was already familiar with the theory behind passive investing when your blog was becoming popular back in 2010,” Steve writes. “I’d already had run-ins with expensive mutual funds, and I had already done a fair amount of (unsuccessful) investing in individual stocks as well. I had a friend who traded options, and I even dabbled in that. I then moved on to dividend growth investing for a while…

Continue Reading On moneysense.ca »

An increase in business investment is essential for Canada’s economy to keep growing, and a jump in profits in the first quarter is encouraging on that front, some economists say.

Continue Reading On blogs.wsj.com »

OTTAWA – Finance Minister Joe Oliver is expected to announce he has secured agreement from Canada’s big banks on no-cost banking services for low-income seniors and other financially vulnerable Canadians.
The minister has scheduled an announcement at a senior’s centre in Ottawa for noon.
The announcement is expected to put flesh to the broad measure introduced in the February budget on cheap access to banking services.
The budget promised the government would work with financial institutions to expand no-cost banking services for youth, students and vulnerable groups.
The no-cost accounts are expected to potentially benefit about seven million low-income Canadians, including young people, and come into force next year.
Susan Eng of the Canadian Association of Retired Persons says measures to help vulnerable seniors avoid costly fees are welcome, as would be the elimination of charges for receiving credit card statements by mail.
Last year’s Throne Speech signalled that the government plans to announce a string of consumer-friendly policies, including rules limiting charges on pre-paid credit cards and measures to reduce the Canada-U…

Continue Reading On moneysense.ca »

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