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Toronto’s hot housing market is making divorce even messier — here’s how splitting couples can cope Jun 20th
One financial adviser says she’s done financial planning for separating couples who can’t afford to move out to begin with, so both parties remain in the home. Others end up in tiny condos with no room for the kids.... More »
Canada’s income tax brackets for 2024, plus the maximum tax you’ll pay based on income Apr 11th
As the year winds down, you may be wondering just how much tax you’ll be paying once you file your 2024 income tax return. Especially if you changed jobs or earned self-employment income, there may be a big difference between the taxes you’ve already remitted through payroll deductions or instal.... More »
Snapshot of US job market: Solid hiring, falling unemployment but still-tepid pay growth + MORE Sep 7th
WASHINGTON – On Labor Day weekend 2015, the U.S. job market has found an old sweet spot: 5.1 per cent unemployment — many miles from the 10 per cent joblessness America endured back in 2009.
It’s the lowest rate in more than seven years, suggestive of healthy hiring levels that have tr.... More »
Know your TFSA contribution limit + MORE Oct 6th
For Canadian investors and savers, it’s always some of the best news to come each year: new TFSA room that becomes available each January 1. And for 2022, the TFSA contribution limit is $6,000.
The actual TFSA yearly limit was set at $5,000 back in 2009 when the investment account was first create.... More »
Tesla loses $13B in market value after CEO Elon Musk tweets 'stock price is too high' - CBC.ca + MORE May 1st
Tesla loses $13B in market value after CEO Elon Musk tweets 'stock price is too high' CBC.caElon Musk tweet wipes $14bn off Tesla's value BBC NewsTesla shares drop after CEO Elon Musk tweets 'stock price is too high' CNBC TelevisionElon Musk Is Right About Tesla's St.... More »
Dorel says surging U.S. dollar to have ‘significant negative effect’ on earnings
– theglobeandmail.com
About half of Montreal firm’s net income comes from Europe, South America and Asia
60 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.
Canadian dollar continues slide to 78 cents – CBC.ca
– news.google.ca
CBC.caCanadian dollar continues slide to 78 centsCBC.caThe Canadian dollar continued its downward trajectory Thursday, falling to 78 cents a day after closing below 80 cents for the first time since 2009. The loonie was at 78.94 cents US at midday, down from its close of 79.87 cents US on Wednesday.Lower loonie: Taking stock of the winners, losersCTV NewsLoonie slips further below 80 centsToronto StarCanadian dollar sinks ever deeper: 'There will be consequences'The Globe and Mail (subscription)Stockhouse -Reutersall 101 news articles »
Stock market dogs to consider
– moneysense.ca
(Oil Scarff/AFP/Getty)David Taylor
President and Chief
Investment Officer and Portfolio Manager,
Taylor Asset Management
David Taylor is a fan of dogs. Not the feel-good furry kind, but rather, the down-in-the-dumps companies that no one wants to touch. That’s because Taylor wants businesses that have been mispriced—the ones that have fallen out of favour. He watches to see if a company’s been slapped with a lawsuit or if a sector suddenly goes through upheaval, like the energy sector is right now, and then he buys.
For Taylor, a temporarily falling market is a good thing. When the U.S. market fell by about 10% in October, he went shopping. “Companies were on sale for 30% below what they should have been worth,” he says. It is harder to find those deals right now, but they always come up. For instance, during the Ebola scare airline stocks fell. “People don’t realize how difficult it is to catch Ebola, but that ignorance and fear presents opportunities.”
Looking to 2015, Taylor says U…
The Curious Case of Canadian Jobs
– macleans.ca
Yesterday was a bumpy day for the Canadian economy: StatsCan revised last year’s labour estimates, and it turns out that job growth was a third lower than expected. In the meantime, the price of oil dropped below US$45, and the loonie slid below 80 cents.
To the south, the Big News was No News: the Federal Treasury stayed the course on their pledge to be “patient” with rate hikes, keeping the rate at a record low of 0 to 0.25 per cent.
In company news, however, this week has been jam-packed. Tech Week continues: yesterday, Facebook reported earnings, South Korean electronics giant Samsung reported this morning, and Google and Amazon are also due later today. But there are plenty of reports from big global companies outside tech due today: this morning in Europe, Royal Dutch Shell was the first major world oil company to report fourth-quarter earnings (they announced more than US$15 billion in cuts), and companies from Ford to Visa to Time Warner Cable are also on the calendar…
