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Shares of several Canadian cannabis companies temporarily halted on TSX + MORE Dec 29th
Several Canadian cannabis companies had their stocks temporarily halted on the Toronto Stock Exchange early Friday afternoon due to volatile swings in trading..... More »
Selling a cottage to a family member: What that means for capital gains Jul 18th
AskMoneySense
I shared a cottage property with my brother. I sold my half to my half to my niece. Do I have to pay capital gains tax? If so, how do you calculate this? How do you determine the adjusted cost base? What expenses can be applied?
—Terry
What happens when you sell your cottage t.... More »
Business Highlights + MORE Mar 11th
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European Central Bank surprises with broad stimulus action
FRANKFURT, Germany (AP) — European Central Bank launched an unexpectedly broad array of stimulus measures Thursday aimed at boosting a modest economic recovery in the 19 countries that use the euro and nudging up dangerously low inflat.... More »
Greece on the cheap? Few travel deals yet amid the financial ruins + MORE Jul 11th
Canadians hoping to see Greece for a song aren't likely to find cheap flights to the cash-strapped country just yet. Agents say there's little room to bargain during peak season. But that could change, quickly..... More »
Should you sell stocks to simplify with an all-in-one ETF? Aug 12th
Ask MoneySense
I have a mixed bag of stocks in my TFSA, RRSP, corporate trading account, and in my non-registered accounts.
I am in my mid-50s and looking to simplify my portfolio. I would like to sell all positions within each account and deploy a 2 to 3 ETF portfolio. Am I able to sell off ever.... More »
Stock markets in for more volatility, traders look to earnings, interest rates
– canadianbusiness.com
TORONTO – The Toronto stock market is likely in for more volatility and selling pressure this week as resource stocks react to falling oil and copper prices amid growing unease about the strength of the fourth-quarter earnings reporting season.
Investors are also focused on the European Central Bank, which is widely expected to launch its own stimulus program of quantitative easing this week.
“There’s a lot of things going on right now. And I think that because of this you‘re getting to a point where people really don’t know what to do,” said Colin Cieszynski, chief market strategist at CMC Markets.
Also, the battered Canadian dollar could see further declines depending on what the Bank of Canada has to say next week about interest rates and economic conditions.
North American markets continued to register losses last week with the TSX losing 76 points or 0.5 per cent on top of a 2.5 per cent drop the previous week. The Dow industrials fell 225 points or 1…
Investors are also focused on the European Central Bank, which is widely expected to launch its own stimulus program of quantitative easing this week.
“There’s a lot of things going on right now. And I think that because of this you‘re getting to a point where people really don’t know what to do,” said Colin Cieszynski, chief market strategist at CMC Markets.
Also, the battered Canadian dollar could see further declines depending on what the Bank of Canada has to say next week about interest rates and economic conditions.
North American markets continued to register losses last week with the TSX losing 76 points or 0.5 per cent on top of a 2.5 per cent drop the previous week. The Dow industrials fell 225 points or 1…
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
Still discouraged about retirement
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
Some time ago, MoneySense Magazine chatted with actuary and pension guru Malcolm Hamilton about retirement.
In the article Hamilton stated the following:
“I was cautious and now have more than I need. I have no good use for the money, although I might if we have another 2008.”
At the time of the article’s print, Malcolm Hamilton was 63. He works as a senior fellow for the C.D. Howe Institute. He is one of Canada’s to-go experts for anything related to pensions and retirement.
I have to wonder by making such a statement, if Hamilton is duly encouraged about his own financial affairs largely because he saved “enough money” but also because he knew how to do so. Thanks to his trade, he understood long before most, spending less than you make, saving 10% of your net income (or more), and keeping your investment costs as low as possible for as long as possible, are some of the keys to financial freedom…
Some time ago, MoneySense Magazine chatted with actuary and pension guru Malcolm Hamilton about retirement.
In the article Hamilton stated the following:
“I was cautious and now have more than I need. I have no good use for the money, although I might if we have another 2008.”
At the time of the article’s print, Malcolm Hamilton was 63. He works as a senior fellow for the C.D. Howe Institute. He is one of Canada’s to-go experts for anything related to pensions and retirement.
I have to wonder by making such a statement, if Hamilton is duly encouraged about his own financial affairs largely because he saved “enough money” but also because he knew how to do so. Thanks to his trade, he understood long before most, spending less than you make, saving 10% of your net income (or more), and keeping your investment costs as low as possible for as long as possible, are some of the keys to financial freedom…
