All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
TD, RBC second-quarter profit bump helped by rising rates, macro environment May 24th
Two of Canada's biggest banks reported second-quarter earnings Thursday that benefited from bigger profit margins on the back of rising interest rates, though the bump could be less pronounced in coming quarters as pressure mounts for banks to raise the interest rates they pay on dep.... More »
Are foreign homebuyers really driving up the cost of real estate in Canada? + MORE Aug 14th
While some in the real estate industry welcomed the Conservatives' pledge this week to collect more data on foreign ownership in the housing market, many are skeptical that such information will do anything to solve the problem of access and affordability in overheated real estate ma.... More »
Teck Resources shares up on merger report + MORE Mar 30th
VANCOUVER – Shares of Teck Resources Ltd. (TSX:TCK.B) were up more than 14 per cent Monday amid a report that the company is in talks regarding a possible merger with Chilean copper miner Antofagasta.
Bloomberg cited unidentified sources with knowledge of the matter as saying that the companie.... More »
Vancouver real estate firm’s new ads feature ‘shadow flipping’ homes + MORE Apr 21st
New Coast Realty is under investigation for questionable practices, and B.C. Premier Christy Clark has promised new rules for the industry
.... More »
Conversational icebreakers for Trump and Trudeau + MORE Feb 12th
They can’t talk about golf—Justin Trudeau doesn’t play the game. They can’t talk about the fine art of taking selfies—Donald Trump only seems interested using his unsecured Android phone to take calls and emit ALL-CAPS TWEETS. Perhaps, when the Canadian Prime Minister.... More »
Canadian banks will begin reporting their fiscal first-quarter results on Tuesday, a pivotal batch of earnings that will reveal how the “Big Five” lenders are faring with swooning oil prices and ultra-low interest rates.
Quick Facts About Investing in Silver
– investitwisely.com
As mentioned in a few of my older posts, diversification has always been the key to success of any financial portfolio. It’s important to diversify because several sectors in the global economy will move asynchronously in cycles experiencing downsides. Gold and silver both do not move along with other investments, making them the perfect assets for diversification.Silver is considered as “poor man’s gold,” so private investors who don’t have a lot can turn to it when the economy is bad. Right now, gold costs around $1,200 per ounce, while silver is merely at $16 per ounce. Silver, along with gold, is considered legal tender so it can be used to trade for products and services in many countries around the world.
Unlike fiat money, silver has many other purposes apart from a currency. It has always been used in the construction of buildings, electronics, medicine, and solar panels. It is because of silver’s intrinsic value that the metal will always have a demand somewhere in the world…
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,200.26, down 28.02 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down five cents, or 2.08 per cent, to $2.35 on 14.9 million shares.
Western Forest Products Inc. (TSX:WEF). Forest products. Down 14 cents, or 5.91 per cent, to $2.23 on 7.6 million shares.
Artek Exploration Ltd. (TSX:RTK). Oil and gas. Up 86 cents, or 49.14 per cent, to $2.61 on 5.9 million shares.
Kelt Exploration Ltd. (TSX:KEL). Oil and gas. Down 37 cents, or 4.56 per cent, to $7.74 on 4.6 million shares.
Mart Resources, Inc. (TSX:MMT). Oil and gas. Down nine cents, or 12.86 per cent, to 61 cents on 3.8 million shares.
Romarco Minerals Inc. (TSX:R). Miner. Unchanged at 53 cents on 3.3 million shares.
Companies reporting major news:
Valeant Pharmaceuticals (TSX:VRX). Pharmaceuticals, health-care products. Up $32.72, or 15.05 per cent, to $250.13 on 716,582 shares. Valeant stock soared on news of its friendly US$10-billion takeover offer for Salix Pharmaceuticals, a U…
Toronto Stock Exchange (15,200.26, down 28.02 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down five cents, or 2.08 per cent, to $2.35 on 14.9 million shares.
Western Forest Products Inc. (TSX:WEF). Forest products. Down 14 cents, or 5.91 per cent, to $2.23 on 7.6 million shares.
Artek Exploration Ltd. (TSX:RTK). Oil and gas. Up 86 cents, or 49.14 per cent, to $2.61 on 5.9 million shares.
Kelt Exploration Ltd. (TSX:KEL). Oil and gas. Down 37 cents, or 4.56 per cent, to $7.74 on 4.6 million shares.
Mart Resources, Inc. (TSX:MMT). Oil and gas. Down nine cents, or 12.86 per cent, to 61 cents on 3.8 million shares.
Romarco Minerals Inc. (TSX:R). Miner. Unchanged at 53 cents on 3.3 million shares.
Companies reporting major news:
Valeant Pharmaceuticals (TSX:VRX). Pharmaceuticals, health-care products. Up $32.72, or 15.05 per cent, to $250.13 on 716,582 shares. Valeant stock soared on news of its friendly US$10-billion takeover offer for Salix Pharmaceuticals, a U…
In brokerage’s latest deal, Stifel Financial buying rival Sterne Agee for $150 million
– canadianbusiness.com
NEW YORK, N.Y. – Stifel Financial Corp. is buying rival financial services firm Sterne Agee for $150 million, boosting its presence in money management and fixed income.
It’s the latest move by Stifel, whose other large purchases include the investment advisory unit of Legg Mason last year, the investment bank KBW in 2013 and Thomas Weisel in 2010.
The St. Louis company said Monday that buying privately held Sterne Agee will add more than 700 financial advisers and independent representatives overseeing $20 billion in client money. It also wants Birmingham, Alabama-based Sterne Agee’s fixed-income business, which includes corporate and government debt.
The combined company would have $300 million to $325 million in annual revenue. It would sell Sterne Agee’s FBC Mortgage business back to the unit’s founders and may spin off Sterne Agee’s institutional equity and investment banking business.
It’s a cash-and-stock deal, with shareholders still to decide if Stifel will issue 1…
It’s the latest move by Stifel, whose other large purchases include the investment advisory unit of Legg Mason last year, the investment bank KBW in 2013 and Thomas Weisel in 2010.
The St. Louis company said Monday that buying privately held Sterne Agee will add more than 700 financial advisers and independent representatives overseeing $20 billion in client money. It also wants Birmingham, Alabama-based Sterne Agee’s fixed-income business, which includes corporate and government debt.
The combined company would have $300 million to $325 million in annual revenue. It would sell Sterne Agee’s FBC Mortgage business back to the unit’s founders and may spin off Sterne Agee’s institutional equity and investment banking business.
It’s a cash-and-stock deal, with shareholders still to decide if Stifel will issue 1…
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.
