You love your iPhone. But should you invest in Apple? + MORE Sep 27th
Government formally apologizes to Omar Khadr, as Andrew Scheer condemns 'disgusting' payout - CBC.ca + MORE Jul 7th
Multigenerational Home Renovation Tax Credit: What is it and do you qualify? + MORE Sep 8th
How do the RRSP contribution carry-forward rules work? + MORE Aug 1st
Federal court gives Toronto real estate agents data-publishing rights + MORE Dec 1st
It’s the end of a tumultuous year for the TSX
– macleans.ca
TORONTO — The Toronto stock market ended with a thud on Thursday as it closed out what has been one of its more tumultuous years in recent memory.
As it dragged to the finish line, the S&P/TSX composite index ended the session 132.34 points lower at 13,009.95 — the third consecutive day that Canada’s main index has weakened since trading resumed after the Christmas holidays.
For the year, the TSX has lost just over 11 per cent of its value, primarily as a result of a decline in key commodities prices.
Much of the blame can be placed on the drop in oil prices, which have fallen 30 per cent since the end of 2014.
The February contract squeezed a small gain of 44 cents in the final session of the year, closing at US$37.04 a barrel, while February natural gas rose 12 cents to US$2.34 per mmBtu.
“From an investment standpoint, it was a year of avoiding Canada,” said Cavan Yie, an analyst at Manulife Asset Management.
“It will probably mirror what the coming year might bring,” he added…
Investors shaken after Canadian stocks suffer year of pain
– theglobeandmail.com
Mr. Money Mustache suggests some financial New Year’s resolutions
– theglobeandmail.com
Business Highlights
– canadianbusiness.com
Gadgets around us will keep getting smarter, like it or not
Our cars, our homes, our appliances and even our toys: Things around us are going to keep getting smarter. In 2016, we’ll entrust even more of our lives and their intimate details to machines — not to mention the companies that run them.
Are we ready for that? Every technological benefit comes with a cost in the form of a threat to privacy. Yet not paying that price has its own cost: An inability to participate in some of technology’s greater achievements.
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US stocks are ending 2015 mostly flat, capping volatile year
The U.S. stock market took investors for a wild ride in 2015, but in the end it was a trip to nowhere.
Despite veering between record highs and the steepest dive in four years, the stock market is on track to end the year essentially flat.
That means if you invested in a fund that tracks the Standard & Poor’s 500 index, you have little to show for the past 12 months.
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Market volatility causes IPO market to stall out in 2015
NEW YORK (AP) — The volatile trading that defined 2015 led to a choppy market for companies wanting to go public…
Most actively traded companies on the TSX
– canadianbusiness.com
Toronto Stock Exchange (13,009.95, down 132.34 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 3.08 per cent, to $1.34 on 3.7 million shares. Bombardier Inc. says China Express Airlines has placed a firm order for 10 additional CRJ900 regional jets. It also announced that Ryukyu Air Commuter Co. Ltd of Okinawa, part of the Japan Airlines group, has ordered five combi Q400s, the first ever Bombardier Q400 turboprop plane adapted to carry cargo as well as passengers.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 36 cents, or 8.74 per cent, to $4.48 on 3.3 million shares.
Data Group Ltd. (TSX:DGI). Business services. Up half-a-cent, or 33.33 per cent, to two cents on 3.2 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 32 cents, or 4.77 per cent, to $7.03 on 3.1 million shares.
Kinross Gold Corp. (TSX:K). Miner. Down four cents, or 1.57 per cent, to $2.51 on 2.6 million shares…
