How to go about securing the best return for your investment in Canada.
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Got a tip about a white-collar crime? Ontario securities watchdog now pays up to $5M for info + MORE Jul 14th
Ontario's stock market regulator has unveiled what it says is Canada's first program to pay for tips from whistleblowers in the securities industry, offering up to $5 million to people whose tips lead to enforcement action..... More »
Canada’s best cash back credit cards 2020 + MORE May 8th
The concept behind cash back credit cards is very easy to understand. You get a small percentage back on purchases you make with the card, and the reward comes in the form of cash back, meaning money. The beauty of this system is that cash back rewards are flexible and you can spend them on anything.... More »
Five things to watch for in the Canadian business world in the coming week + MORE May 10th
TORONTO – Here are five things to look for in Canadian business this week:
AGMs in the oilpatch: Encana Corp., once a natural gas focused firm that’s been getting oilier over the past year or two, reports its first-quarter results and holds its annual meeting on Tuesday. It spent billion.... More »
OAS payment dates in 2025, and more to know about Old Age Security + MORE Apr 2nd
If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS wo.... More »
10 ways to save more and pay down your debt + MORE Nov 27th
1. Set a goal
If you’re serious about saving you need to set a goal so you know what you’re saving for. Whether it’s a trip to Japan you hope to take in a few months or saving for retirement, having a very specific goal will help you stay motivated and on track.
2. Track your dollars.... More »
The first of the Canadian oilsands producers are noting the impact of a lower price for oil and increased development costs for new projects as they report third-quarter earnings.
Weekend Reading – Ottawa shooting, dumb surcharges and more
– myownadvisor.ca
On Wednesday this past week, Michael Zehaf-Bibeau, committed a horrific crime. To use our Prime Minister’s words, it was a “brutal and violent attack”. The armed attacker shot and left Canadian Forces member, Cpl. Nathan Cirillo, 24, to die at the National War Memorial before being shot dead himself upon his attack within Parliament’s Centre Block. It was certainly a sad day for Ottawa and my heart goes out to the family of our slain soldier.
I can only hope this isolated, tragic incident will over time, make our city and those that serve to protect it a better place to call home. Enjoy the Weekend Reading, have a great and safe weekend with family and friends.
In case you missed it, Pooled Registered Pension Plans (PRPPs) are here for some provinces and I shared some advice for surviving today’s volatile stock markets.
CBC highlighted some of the dumbest surcharges and fees here. I vote for Ticketmaster, those “convenience” fees are not convenient whatsoever…
I can only hope this isolated, tragic incident will over time, make our city and those that serve to protect it a better place to call home. Enjoy the Weekend Reading, have a great and safe weekend with family and friends.
In case you missed it, Pooled Registered Pension Plans (PRPPs) are here for some provinces and I shared some advice for surviving today’s volatile stock markets.
CBC highlighted some of the dumbest surcharges and fees here. I vote for Ticketmaster, those “convenience” fees are not convenient whatsoever…
Most actively traded companies on the TSX
– canadianbusiness.com
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,486.83, up 174.76 points):
Bombardier Inc. (TSX:BBD.B). Aerospace. Up 15 cents, or 4.13 per cent, to $3.78 on 7.6 million shares.
MBAC Fertilizer Corp. (TSX:MBC). Agriculture. Down three cents, or 21.43 per cent, to 11 cents on 7.2 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up $1.70, or 6.47 per cent, to $27.97 on 5.1 million shares. The the oilsands producer beat analyst estimates on several key measures in the third quarter, including cash flow per share at $1.30, 15 cents ahead of estimates. Operating earnings came in at 49 cents a share, eight cents better than forecast.
Chaparral Gold Corp. (TSX:CHL). Miner. Unchanged at 60 cents on 4.3 million shares.
Air Canada (TSX:AC.B). Airline. Up 30 cents, or 3.76 per cent to $8.27 on 4 million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up $1.08, or 2.85 per cent, to $38.98 on 3.6 million shares…
Toronto Stock Exchange (14,486.83, up 174.76 points):
Bombardier Inc. (TSX:BBD.B). Aerospace. Up 15 cents, or 4.13 per cent, to $3.78 on 7.6 million shares.
MBAC Fertilizer Corp. (TSX:MBC). Agriculture. Down three cents, or 21.43 per cent, to 11 cents on 7.2 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up $1.70, or 6.47 per cent, to $27.97 on 5.1 million shares. The the oilsands producer beat analyst estimates on several key measures in the third quarter, including cash flow per share at $1.30, 15 cents ahead of estimates. Operating earnings came in at 49 cents a share, eight cents better than forecast.
Chaparral Gold Corp. (TSX:CHL). Miner. Unchanged at 60 cents on 4.3 million shares.
Air Canada (TSX:AC.B). Airline. Up 30 cents, or 3.76 per cent to $8.27 on 4 million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up $1.08, or 2.85 per cent, to $38.98 on 3.6 million shares…
Conservatives introduce thick budget bill that includes unrelated items
– canadianbusiness.com
OTTAWA – The Conservative government has introduced another mammoth omnibus budget bill that includes a grab-bag of measures, ranging from tax breaks for beekeepers to provisions banning cable companies from charging for paper bills.
Much of the 458-page bill involves the complicated implementation of tax changes and other budget measures, including revisions to the Investment Canada Act.
There are some tax breaks for families and students.
However, one section broadens the scope of the national DNA bank. Another tightens the rules around the temporary foreign workers system. Still another establishes a long-promised Arctic research station.
Conspicuous by its absence, however, is a controversial proposal to amend the Copyright Act to give a politician or party the power to use video, audio and photographs from news outlets.
A cabinet document presented by Heritage Minister Shelly Glover and obtained earlier this month by CTV News and The Canadian Press indicated the proposed copyright changes would be included an upcoming budget bill…
Much of the 458-page bill involves the complicated implementation of tax changes and other budget measures, including revisions to the Investment Canada Act.
There are some tax breaks for families and students.
However, one section broadens the scope of the national DNA bank. Another tightens the rules around the temporary foreign workers system. Still another establishes a long-promised Arctic research station.
Conspicuous by its absence, however, is a controversial proposal to amend the Copyright Act to give a politician or party the power to use video, audio and photographs from news outlets.
A cabinet document presented by Heritage Minister Shelly Glover and obtained earlier this month by CTV News and The Canadian Press indicated the proposed copyright changes would be included an upcoming budget bill…
How the Dow Jones industrial average and other major averages did Thursday
– canadianbusiness.com
The stock market got a boost Thursday from a combination of strong corporate earnings and encouraging economic reports. Caterpillar and 3M were among the companies posting results that impressed investors. Hiring in the U.S. remains solid and a survey of businesses in Europe suggested that the region may avoid slipping back into recession.
On Thursday:
The Dow Jones industrial average rose 216.58 points, or 1.3 per cent, to 16,677.90.
The S&P 500 gained 23.71 points, or 1.2 per cent, to 1,950.82.
The Nasdaq composite climbed 69.95 points, or 1.6 per cent, to 4,452.79.
For the week:
The Dow is up 297.49 points, or 1.8 per cent.
The S&P 500 is up 64.06, or 3.4 per cent.
The Nasdaq has added 194.35 points, or 4.6 per cent.
For the year:
The Dow is up 101.24 points, or 0.6 per cent.
The S&P 500 index is up 102.46 points, or 5.5 per cent.
The Nasdaq is up 276.20 points, or 6.6 per cent.
The post How the Dow Jones industrial average and other major averages did Thursday appeared first on Canadian Business.
On Thursday:
The Dow Jones industrial average rose 216.58 points, or 1.3 per cent, to 16,677.90.
The S&P 500 gained 23.71 points, or 1.2 per cent, to 1,950.82.
The Nasdaq composite climbed 69.95 points, or 1.6 per cent, to 4,452.79.
For the week:
The Dow is up 297.49 points, or 1.8 per cent.
The S&P 500 is up 64.06, or 3.4 per cent.
The Nasdaq has added 194.35 points, or 4.6 per cent.
For the year:
The Dow is up 101.24 points, or 0.6 per cent.
The S&P 500 index is up 102.46 points, or 5.5 per cent.
The Nasdaq is up 276.20 points, or 6.6 per cent.
The post How the Dow Jones industrial average and other major averages did Thursday appeared first on Canadian Business.
