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China's President Xi pledges another $60 billion for Africa - CNN Sep 3rd
CNNChina's President Xi pledges another $60 billion for AfricaCNN(CNN) Chinese President Xi Jinping has announced a $60 billion package of aid, investment and loans to Africa, against a backdrop of growing concern about rising debt distress from Chinese loans to the continent. The announcement .... More »
TFSA contribution room calculator Jul 2nd
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
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Tax-free savings account 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&nb.... More »
B.C. foreign-buyer tax may exacerbate Toronto's red hot real estate market - Globalnews.ca + MORE Aug 2nd
Globalnews.caB.C. foreign-buyer tax may exacerbate Toronto's red hot real estate marketGlobalnews.caToronto's red-hot real estate market could get even hotter as foreign nationals looking to dodge a new 15 per cent tax on properties in Vancouver seek new places to invest, realtors say. The.... More »
Huge offshore data leak reveals financial secrets of global elite — from the Queen to former PMs - CBC.ca + MORE Nov 5th
CBC.caHuge offshore data leak reveals financial secrets of global elite — from the Queen to former PMsCBC.caAn enormous new leak of tax-haven financial records — rivalling the Panama Papers in size and scope — is laying bare some of the financial secrets of the world's elite, from the Que.... More »
How to move out of your parents’ house and not go completely broke + MORE Apr 16th
For a smooth transition, writes Lesley-Anne Scorgie, set up separate banking accounts, make a budget and pay yourself first with a small investment account..... More »
Once pricey bank stock is now the cheapest on the TSX
– theglobeandmail.com
Stock remains tied to oil price despite fact that earnings, loan losses and loan growth have shown little correlation
The Canadian dollar has closed below 70 cents U.S. for the first time in nearly 13 years while the Toronto stock market registered another triple-digit loss.
3 easy ways to track your spending
– moneysense.ca
Before you can take control over your finances, you have to know where your money is going. The most common advice? Start a spending journal. To which we say: Get real. Journals are tedious, time consuming and a royal pain. While the advice is sound, the solution is flawed. Even die-hard financial nuts admit they quickly give up on it. The good news is there are easier ways. Here are three smart ways to track your spending—with minimal effort:1. Charge it all
Putting all your purchases on one credit card is an easy way to track your spending. Some issuers even categorize purchases on your monthly statement. The key is to stick to one card and pay off the balance each month. Most banks now also provide tools to track spending on your debit card. Use them to tell you where you’re spending, then look for unnecessary expenses.
2. Instagram it
Need some added accountability? Use your smartphone to take photos of everything you buy, and post them to a private Instagram account. Include the cost in the comments…
TORONTO – The Canadian dollar has closed below 70 cents U.S. for the first time in nearly 13 years while the Toronto stock market registered another triple-digit loss.
The loonie finished the day at 69.71 cents U.S., down 0.43 of a cent since Tuesday’s close.
The last time the Canadian dollar closed beneath the 70-cent U.S. mark was on April 30, 2003, when it was 69.76 cents U.S.
The S&P/TSX composite index lost 203.49 points at 12,170.41 — its 10th losing day in 11 trading sessions since the Christmas break.
Plummeting crude prices and lacklustre economic data out of China have been hammering Toronto’s stock market in recent weeks.
In New York, the Dow Jones plunged 364.81 points to 16,151.41, while the S&P500 shed 48.40 points to 1,890.28 and the Nasdaq declined 159.86 points to 4,526.06.
On commodity markets, the February contract for benchmark crude finished the day four cents higher at US$30.48 a barrel, while February natural gas gained 1.2 cents to US$2…
The loonie finished the day at 69.71 cents U.S., down 0.43 of a cent since Tuesday’s close.
The last time the Canadian dollar closed beneath the 70-cent U.S. mark was on April 30, 2003, when it was 69.76 cents U.S.
The S&P/TSX composite index lost 203.49 points at 12,170.41 — its 10th losing day in 11 trading sessions since the Christmas break.
Plummeting crude prices and lacklustre economic data out of China have been hammering Toronto’s stock market in recent weeks.
In New York, the Dow Jones plunged 364.81 points to 16,151.41, while the S&P500 shed 48.40 points to 1,890.28 and the Nasdaq declined 159.86 points to 4,526.06.
On commodity markets, the February contract for benchmark crude finished the day four cents higher at US$30.48 a barrel, while February natural gas gained 1.2 cents to US$2…
Girding for earnings season: A look back at key third-quarter price moves
– theglobeandmail.com
Listed in the accompanying table are the top 10 stock leaders and laggards from the previous quarter and their respective price moves immediately following their earnings announcements
