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TFSA contribution room calculator + MORE Jan 10th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
TFSA is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-traded funds .... More »
Ford cancels plan to build new Mexican plant, adds US jobs + MORE Jan 4th
FLAT ROCK, Mich. _ The auto industry’s relationship with President-elect Donald Trump took a dramatic turn Tuesday as Ford Motor Co. decided to shift investment dollars targeted for Mexico to the U.S., while Trump threatened General Motors with a tax on some imported small cars.
Ford is cancel.... More »
Broker, agent who worked with subsidiary of Home Capital disciplined + MORE May 26th
An Ontario regulator says it has imposed disciplinary actions against a mortgage broker and agent who worked with Home Trust Co., a subsidiary of Home Capital Group, over their handling of mortgages..... More »
This Toronto nurse recently graduated with $50K of debt. He works more 60 hours a week during the pandemic. He’s in a rush to pay off his OSAP loan and move out. Can he do it? Aug 3rd
Fresh out of nursing school, with a lot of debt, Ali is seeking advice from Millennial Money’s financial expert on paying down his debt and saving..... More »
BMO’s first quarter profit climbs 7 per cent to $1.07 billion + MORE Feb 23rd
TORONTO – The Bank of Montreal saw its first-quarter profit rise seven per cent to $1.07 billion as it grew revenue in its personal and commercial banking segments on both sides of the border.
That’s compared to net income of $1 billion during the same quarter last year.
The earnings amounte.... More »
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch for in Canadian business this week:
Dairy: Canadian dairy giant Saputo holds its annual meeting in Laval, Que., on Tuesday, followed by a first-quarter earnings conference call later in the day. The company has taken a hit from the decline in global cheese prices, and said in June that it will likely have to ride out the storm until the end of the year.
Gold: Barrick Gold is out with its second-quarter results on Wednesday. The struggling mining company, burdened with debt and plummeting gold prices, just signed a deal to sell a 50 per cent stake in a copper mine in Chile for more than $1 billion.
Sleep: Also on Wednesday, Sleep Country Canada Holdings Inc. releases its second-quarter results. The country’s largest mattress retailer returned to the public markets last month after seven years in private hands, but its IPO price of $17 a share drew something of a yawn from investors.
Election: The sputtering state of the Canadian economy — and who’s best positioned to jump-start it — is likely to be a key topic of discussion when the four federal party leaders hold their first debate on Thursday…
Dairy: Canadian dairy giant Saputo holds its annual meeting in Laval, Que., on Tuesday, followed by a first-quarter earnings conference call later in the day. The company has taken a hit from the decline in global cheese prices, and said in June that it will likely have to ride out the storm until the end of the year.
Gold: Barrick Gold is out with its second-quarter results on Wednesday. The struggling mining company, burdened with debt and plummeting gold prices, just signed a deal to sell a 50 per cent stake in a copper mine in Chile for more than $1 billion.
Sleep: Also on Wednesday, Sleep Country Canada Holdings Inc. releases its second-quarter results. The country’s largest mattress retailer returned to the public markets last month after seven years in private hands, but its IPO price of $17 a share drew something of a yawn from investors.
Election: The sputtering state of the Canadian economy — and who’s best positioned to jump-start it — is likely to be a key topic of discussion when the four federal party leaders hold their first debate on Thursday…


