TSX gains 173 points on earnings reports, oil prices + MORE Oct 23rd

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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What to do if you overcontributed to your RRSP + MORE Feb 26th

Ask MoneySense I overcontributed to my RRSP by accident, and I am looking for some advice on how to deal with it. I contributed $3,550 to my 2022 RRSP in October 2022. I then forgot I made this contribution and again in February 2023 I made a $3,550 contribution. What options to I have to address.... More »
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Compare the best savings accounts in Canada 2022 + MORE Feb 16th

Best Savings Account Finder How to use the savings account calculator You can simply scan the savings account comparison table above to view interest rates offered by financial institutions across Canada. You can also input your estimated account balance and compare the growth between high-inte.... More »

GM proposes $2.8-billion, 10-year investment in South Korea + MORE Feb 21st

Investment would be on top of over $2.2-billion debt-for-equity swap .... More »
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London: Is It Too Expensive For New Businesses? Jul 9th

The allure of London is strong for anyone who’s grown up in the sticks, those places where a cover band in the local pub is about as close to cosmopolitanism as they’ll ever get. To a lot of people  outside of major cities, London is a capital filled with bright lights, glittering careers in th.... More »

Should retirees consider a home equity sharing agreement (HESA)? Jan 30th

Toronto-based Clay Financial recently began accepting applications for a new home equity product called a home equity sharing agreement, or HESA—not to be confused with the HISA, which stands for high-interest savings account. Clay raised seed funding in 2023 and is initially launching the prod.... More »
Mergers, acquisitions, private equity and venture capital deals from Canada and around the world

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Valeant is the latest company to top the bank in index weighting before falling sharply, but TD could be different

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Toronto’s main stock index racked up triple-digit gains on Thursday, encouraged by the beginning of earnings season and a rise in oil prices.

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GEORGETOWN, Guyana – Guyana’s president says Venezuela is inflaming a border dispute by claiming territory in his country where one of South America’s largest gold mines is.
President David Granger said Thursday that Venezuela sent a letter to Toronto-based Guyana Goldfields warning it could face legal consequences for operating on land claimed by Venezuela. He accused Venezuela of trying to scare away foreign investors from Guyana.
The mine is one of Guyana’s biggest investment projects. It employs 500 workers and is expected to produce 3 million ounces of gold in about 17 years.
Guyana Goldfields did not respond to a request for comment.
Venezuela has long claimed 40 per cent of Guyana’s territory and extended its maritime claims this year after oil was discovered in disputed waters. The U.N. is mediating the dispute.
The post Guyana accuses Venezuela of inflaming border dispute by claiming territory with big gold mine appeared first on Canadian Business – Your Source For Business News.

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Reuters CanadaAsia joins global stock rally after ECB signals more stimulusReuters CanadaTOKYO/SINGAPORE (Reuters) – Asia extended a global stock rally on Friday after the European Central Bank signaled its readiness to inject more stimulus, helping the dollar scale a fresh two-month peak against the euro. European stocks also looked set …Asian stocks rise after ECB hints at more stimulus by year-end to revive economyMontreal GazetteFalling Prices Meet Weakening Growth as ECB Prepares ActionBloombergMorning MoneyBeat Europe: Bulls Rush in on Draghi's StanceWall Street Journal (blog)CNBCall 1,487 news articles »

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