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The best no-fee credit cards in Canada for 2024 May 17th
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The best no-fee credit cards in Canada for 2024
From cash back to rewards points (and perks like no foreign transaction fees), here's a list of Canada's best no fee cards.
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Retired RBC executive to chair new federal infrastructure bank + MORE Jul 7th
The federal government is hiring the former chief financial officer at one of Canada's largest banks to help oversee its new infrastructure-financing agency. Janice Fukakusa will chair the new board of the Canada Infrastructure Bank..... More »
Cut unnecessary costs with one simple change to your banking Dec 10th
If you’re like many Canadians, you view bank fees as a necessary expense, but this couldn’t be farther from the truth. Paying a small fee each month isn’t usually much trouble, but over a whole year, it can really add up. The good news is that affordable banking has never been more in .... More »
Questrade vs. Wealthsimple: which online investing service is right for you? + MORE Dec 6th
If you’ve decided to try out online investing and have narrowed down your choices to Wealthsimple and Questrade—congratulations! Both are solid Canadian options that can help you grow your money and achieve your investment goals.
But choosing between the two can be tricky. While the two financia.... More »
IMF says Iran rebounds after nuclear deal, but danger looms + MORE Mar 1st
Iran’s economy rebounded out of a recession after the nuclear deal with world powers, the International Monetary Fund said on Tuesday, though uncertainty over future sanctions and problems plaguing the country’s domestic banks could cause fiscal trouble ahead.
Iran’s real gross dom.... More »
Most actively traded companies on the TSX
– canadianbusiness.com
TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,620.07, down 5.25 points):
Coalspur Mines Ltd. (TSX:CPT). Miner. Down half a cent, or 33.33 per cent, to one cent on 13.4 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Down 15 cents, or 3.40 per cent, to $4.26 on 7.5 million shares.
Long Run Exploration Ltd. (TSX:LRE). Oil and gas. Down 11 cents, or 6.15 per cent, to $1.68 on 7.5 million shares.
Whitecap Resources Inc. (TSX:WCP). Oil and gas. Up 18 cents, or 1.58 per cent, to $11.56 on seven million shares.
Canadian Oil Sands Ltd. (TSX:COS). Oil and gas. Down 40 cents, or 2.90 per cent, to $13.40 on 6.6 million shares.
Legacy Oil + Gas Inc. (TSX:LEG). Oil and gas. Down seven cents, or 2.66 per cent, to $2.56 on 5.5 million shares.
Companies reporting major news:
Bank of Montreal (TSX:BMO). Bank. Down $1.87, or 2.25 per cent, to $81.42 on 2.7 million shares. BMO kicked off the banks’ fourth-quarter earnings season with profits that were weaker than analysts expected…
Toronto Stock Exchange (14,620.07, down 5.25 points):
Coalspur Mines Ltd. (TSX:CPT). Miner. Down half a cent, or 33.33 per cent, to one cent on 13.4 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Down 15 cents, or 3.40 per cent, to $4.26 on 7.5 million shares.
Long Run Exploration Ltd. (TSX:LRE). Oil and gas. Down 11 cents, or 6.15 per cent, to $1.68 on 7.5 million shares.
Whitecap Resources Inc. (TSX:WCP). Oil and gas. Up 18 cents, or 1.58 per cent, to $11.56 on seven million shares.
Canadian Oil Sands Ltd. (TSX:COS). Oil and gas. Down 40 cents, or 2.90 per cent, to $13.40 on 6.6 million shares.
Legacy Oil + Gas Inc. (TSX:LEG). Oil and gas. Down seven cents, or 2.66 per cent, to $2.56 on 5.5 million shares.
Companies reporting major news:
Bank of Montreal (TSX:BMO). Bank. Down $1.87, or 2.25 per cent, to $81.42 on 2.7 million shares. BMO kicked off the banks’ fourth-quarter earnings season with profits that were weaker than analysts expected…
Quebec finds additional $600 milllion in cost-cutting on road to balanced budget
– canadianbusiness.com
QUEBEC – Quebec is imposing an additional $600 million in tax increases and other revenue-generating measures in its zero-deficit drive.
Finance Minister Carlos Leitao is hoping to balance the province’s balance sheet by fiscal 2015-16.
Leitao issued an economic update in Quebec City on Tuesday and said his government hopes to save $338 million in tax credits that were destined for banks, insurance companies and research centres.
A tax credit on union dues will also be reduced, bringing in an additional $112 million to goverment coffers.
Vehicle registration fees will increase, as will payroll taxes for financial institutions.
Leitao also warned the government has only reached 85 per cent of its cost-cutting goal and that he must find another $1.1 billion in savings before the 2015-16 budget is tabled this coming spring.
Last spring, Philippe Couillard’s Liberals said that without a strict cost-cutting plan, Quebec’s deficit would have reached $7.3 billion by 2015-16…
Finance Minister Carlos Leitao is hoping to balance the province’s balance sheet by fiscal 2015-16.
Leitao issued an economic update in Quebec City on Tuesday and said his government hopes to save $338 million in tax credits that were destined for banks, insurance companies and research centres.
A tax credit on union dues will also be reduced, bringing in an additional $112 million to goverment coffers.
Vehicle registration fees will increase, as will payroll taxes for financial institutions.
Leitao also warned the government has only reached 85 per cent of its cost-cutting goal and that he must find another $1.1 billion in savings before the 2015-16 budget is tabled this coming spring.
Last spring, Philippe Couillard’s Liberals said that without a strict cost-cutting plan, Quebec’s deficit would have reached $7.3 billion by 2015-16…
