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Path to economic recovery filled with risks: Macklem - BNN Oct 8th
Path to economic recovery filled with risks: Macklem BNNCOVID‑19 and the financial system Bank of CanadaPath to recovery littered with debt risks, Bank of Canada governor warns Financial PostMacklem Defends Bank of Canada Policy But Warns of Risks Bloomb.... More »
The best credit cards for seniors in Canada in 2024 + MORE Aug 27th
What are the best credit cards for seniors in Canada? That was a question we recently received from a reader, and while credit cards are more about an individual’s unique spending habits and the benefits they find most useful in a credit card than age, we still thought we could help. With this in .... More »
How TD Put the “Managed” in ETF Portfolios + MORE Mar 23rd
What Canadian bank was first to launch a line of ETFs? You might think it was BMO, which is by far the biggest bank in the industry today, with more than 70 ETFs and some $37 billion in assets. But in fact it was TD, who were ahead of the curve when they created a small family of ETFs way back in 20.... More »
Cracking the case of the global black pepper shortage — should you stock up on the spice? Jun 29th
With black pepper production down, will Canadians have to say goodbye to flavourful recipes benefitting from the bold, earthy spice? Here's what you need to know..... More »
The best student credit cards in Canada for 2024 + MORE Oct 7th
When you’re at a new restaurant, do you have to see the menu before you order? Or do you eat what your foodie friend says is good, knowing it’ll be amazing? The answer can help you decide how to pick a new credit card. Some people want the ability to compare their options side-by-side; others wa.... More »
What procrastinators should do about the RRSP deadline
– moneysense.ca
OTTAWA – If you haven’t made a contribution to your RRSP account so far this year, investment advisers say you are not alone.But while the volatile ride the Toronto Stock Exchange has taken in recent months may have given reason to procrastinate, the deadline is just around the corner.
Linda MacKay, senior vice-president for personal savings and investing at TD Canada Trust, said the stock market fluctuations in recent months may have some pondering what’s the right thing to do.
But, she said, the earlier people start saving for retirement, the better.
The savvy investor’s guide to RRSPs »
“It is incredibly difficult to time the market and typically if you do try to you’re going to probably miss some of the best times to buy,” MacKay said.
“People who are nervous about the market tend to hit the worst days and miss the best days. We know over the long run if you have a good plan and you’re focused on your long-term goals then staying invested in the right investments for your risk tolerance is a better strategy…
Fund manager Q&A: Beaten down REITs look attractive
– canadianbusiness.com
LOS ANGELES, Calif. – Like the rest of the stock market, real estate investment trusts have taken a beating this year and are well off their levels from a year ago.
The threat of a weaker economy has hurt, but REIT investors also have an uncertain outlook for interest rates to worry about.
Adam Patti, who oversees an exchange-traded fund focused on REITs as CEO of IndexIQ, thinks all this concern might make for a good time to buy REITs. REITs’ sharp fall after a big run-up about two years ago has made them more attractively priced, he says, and helped push dividend yields higher.
Patti believes that interest rate hikes won’t hurt REITs as long as the economy remains on firm footing.
Real estate investment trusts are companies that own real estate, like malls, apartment buildings, or commercial buildings. Unlike most companies, though, they operate under a tax structure that requires them to pay out most of their income, which is usually from rent and lease payments, to shareholders…
The threat of a weaker economy has hurt, but REIT investors also have an uncertain outlook for interest rates to worry about.
Adam Patti, who oversees an exchange-traded fund focused on REITs as CEO of IndexIQ, thinks all this concern might make for a good time to buy REITs. REITs’ sharp fall after a big run-up about two years ago has made them more attractively priced, he says, and helped push dividend yields higher.
Patti believes that interest rate hikes won’t hurt REITs as long as the economy remains on firm footing.
Real estate investment trusts are companies that own real estate, like malls, apartment buildings, or commercial buildings. Unlike most companies, though, they operate under a tax structure that requires them to pay out most of their income, which is usually from rent and lease payments, to shareholders…
TD Bank grew its first-quarter profit by roughly eight per cent to $2.22 billion on higher earnings from its Canadian and U.S. retail banking operations.
Ottawa and Quebec could control Bombardier CSeries program: provincial minister
– canadianbusiness.com
MONTREAL – Ottawa and Quebec would control Bombardier’s CSeries if the federal government joins the province in contributing US$1 billion to the troubled jet program, Quebec’s transport minister said.
Quebec has secured a 49.5 per cent stake in the CSeries and two of five seats on a separate board after agreeing in October to the financial contribution.
The Montreal-based aircraft manufacturer (TSX:BBD.B) would hold the three remaining seats and have the right to appoint the subsidiary’s chairman.
However, Ottawa would gain two additional seats on an expanded seven-person board if the federal government ponies up additional money, Jacques Daoust said in an interview with Radio-Canada.
Bombardier declined to comment on the minister’s statement but said former Quebec premier Daniel Johnson would head the CSeries board.
The Liberal government has said it was continuing to evaluate the request for funding.
The narrow-body CSeries planes, which are two years late and overbudget at US$5…
Quebec has secured a 49.5 per cent stake in the CSeries and two of five seats on a separate board after agreeing in October to the financial contribution.
The Montreal-based aircraft manufacturer (TSX:BBD.B) would hold the three remaining seats and have the right to appoint the subsidiary’s chairman.
However, Ottawa would gain two additional seats on an expanded seven-person board if the federal government ponies up additional money, Jacques Daoust said in an interview with Radio-Canada.
Bombardier declined to comment on the minister’s statement but said former Quebec premier Daniel Johnson would head the CSeries board.
The Liberal government has said it was continuing to evaluate the request for funding.
The narrow-body CSeries planes, which are two years late and overbudget at US$5…
CIBC says its first-quarter profit grew six per cent to $982 million as earnings from its retail and business banking segment grew.
