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What’s my RRSP contribution limit? Dec 12th
Your RRSP contribution limit is the maximum amount you can add to your registered retirement savings plan each year without triggering penalties. It’s based on your unused RRSP deduction room plus 18% of your previous year’s earned income, up to the annual CRA limit.
Use our RRSP contri.... More »
Malaysian ex-PM Najib charged with breach of trust, graft - Ottawa Citizen + MORE Jul 4th
Ottawa CitizenMalaysian ex-PM Najib charged with breach of trust, graftOttawa CitizenKUALA LUMPUR, Malaysia — Former Malaysian Prime Minister Najib Razak was charged Wednesday with criminal breach of trust and corruption, two months after a multibillion-dollar graft scandal at a state investment f.... More »
Should I dip into my RRSP while on maternity leave? + MORE Jul 4th
I’ve read that one of the best times to withdraw from an RRSP is when you’re earning less money. I’m currently on maternity leave and would like to withdraw $5,000 from my RRSP to pay some bills. What do you think?
—Krystal Lee Young, Toronto
The very, very best time to withdraw from a.... More »
Markets need active investors more than ever + MORE Apr 15th
(Illustration by Sam Island)
I am a firm believer in stock picking. I think stock picking, with the right process and the right temperament, works. Stock pickers, at least the ones I track, in the long run tend to outperform. As a result, the growth in exchange-traded funds, which are investment .... More »
25 personal finance highlights from the last 25 years + MORE Oct 15th
Over the last 25 years, personal finance in Canada has transformed enormously. Major economic shifts, new technology and evolving consumer behaviour have led to new policies and events. Here are some of the most interesting personal finance developments in the last two and a half decades:
.... More »
Oilpatch firms in for an ugly third quarter as crude doldrums linger
– canadianbusiness.com
CALGARY – A bevy of oilsands producers are on deck to report their quarterly earnings over the next few weeks — and industry watchers are under no illusion they’ll be pretty.
It’s been about a year since the price of oil started its nosedive to below US$50 a barrel, and crude has been camping out at that level for months. Few are optimistic that crude will return to triple digits any time soon.
Investors are well aware they’re in for a “fairly awful” quarter, said John Kim, a portfolio manager at Aston Hill Financial.
Martin Pelletier, portfolio manager at TriVest Wealth Counsel, agrees it’s going to be ugly — but no one should be surprised by the results.
“I wouldn’t use the word disappointing because a lot of analysts are already expecting the worst,” he said.
Oilsands giant Suncor Energy (TSX:SU) posts its earnings Wednesday night and its reluctant takeover target, Canadian Oil Sands Ltd. (TSX:COS) reports on Thursday, along with crude producer Cenovus Energy (TSX:CVE)…
It’s been about a year since the price of oil started its nosedive to below US$50 a barrel, and crude has been camping out at that level for months. Few are optimistic that crude will return to triple digits any time soon.
Investors are well aware they’re in for a “fairly awful” quarter, said John Kim, a portfolio manager at Aston Hill Financial.
Martin Pelletier, portfolio manager at TriVest Wealth Counsel, agrees it’s going to be ugly — but no one should be surprised by the results.
“I wouldn’t use the word disappointing because a lot of analysts are already expecting the worst,” he said.
Oilsands giant Suncor Energy (TSX:SU) posts its earnings Wednesday night and its reluctant takeover target, Canadian Oil Sands Ltd. (TSX:COS) reports on Thursday, along with crude producer Cenovus Energy (TSX:CVE)…
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch in Canadian business this week:
Earnings galore: It’s a huge week for earnings reports, with a slew of oilpatch companies — including Suncor and Canadian Oil Sands, locked in a hostile takeover battle — reporting their third-quarter results. Among others reporting: Canadian National Railway, Bombardier, Barrick Gold, Restaurant Brands International and Maple Leaf Foods.
Vexed Valeant: The embattled Canadian pharmaceutical giant holds a conference call on Monday to discuss accusations that the company created a network of phantom pharmacies to fool auditors. The allegations have sent Valeant’s stock prices tumbling, and the company says it will “lay out the facts” in response to a report that raised serious questions about its business practices.
Hot housing: The Canada Mortgage and Housing Corp. releases its fourth-quarter housing market outlook report on Monday. Except for Alberta — hit hard by the global slump in oil prices — the country’s housing market largely escaped Canada’s economic downturn in the first half of the year, with housing prices in Toronto and Vancouver, in particular, at historic highs and showing few signs of coming back down to earth…
Earnings galore: It’s a huge week for earnings reports, with a slew of oilpatch companies — including Suncor and Canadian Oil Sands, locked in a hostile takeover battle — reporting their third-quarter results. Among others reporting: Canadian National Railway, Bombardier, Barrick Gold, Restaurant Brands International and Maple Leaf Foods.
Vexed Valeant: The embattled Canadian pharmaceutical giant holds a conference call on Monday to discuss accusations that the company created a network of phantom pharmacies to fool auditors. The allegations have sent Valeant’s stock prices tumbling, and the company says it will “lay out the facts” in response to a report that raised serious questions about its business practices.
Hot housing: The Canada Mortgage and Housing Corp. releases its fourth-quarter housing market outlook report on Monday. Except for Alberta — hit hard by the global slump in oil prices — the country’s housing market largely escaped Canada’s economic downturn in the first half of the year, with housing prices in Toronto and Vancouver, in particular, at historic highs and showing few signs of coming back down to earth…
