How to go about securing the best return for your investment in Canada.
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SEC reviewing GameStop stock frenzy amid market volatility: White House - Global News Jan 29th
SEC reviewing GameStop stock frenzy amid market volatility: White House Global NewsU.S. SEC warns investors as GameStop shares jump, short-selling war resumes The Globe and MailTraders return to GameStop plays as brokerages ease restrictions CTV NewsOpinion | The sur.... More »
COVID-19 financial support for working seniors + MORE Apr 14th
Q. I am still working, and also receive Canada Pension Plan (CPP) and Old Age Security (OAS) benefits. If I get laid off from work, as it appears will happen soon, would I qualify for the government COVID-19 income? I am 69 years old.
–Tom
A. The Canadian government has unveiled massive financial .... More »
Brexit: a value play or value trap? Apr 15th
Are you tired of hearing about Brexit? Well, get in line. Over the last year, the U.K.’s European Union debacle has taken several ridiculous twists and turns. I won’t attempt to list everything that’s happened, as it’s been one of the more confusing political events in history, but as of rig.... More »
Elderly Nova Scotia couple reunited in same nursing home following appeal - CBC.ca + MORE Apr 8th
CBC.caElderly Nova Scotia couple reunited in same nursing home following appealCBC.caEdwin and Marjorie Crossland were separated after 70 years when Edwin, 91, was assessed as not needing the same type of nursing home care as his wife, who suffers from dementia. (Submitted by Tammy Crossland). An An.... More »
Are ETFs a good investment for an all-weather portfolio? + MORE Feb 2nd
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investments—suffered losses in 2022, as central banks hiked interest rates. Meanwhile, stocks look determine.... More »
Investors to weigh Fed words for clues to future rate hikes
– canadianbusiness.com
WASHINGTON – The Federal Reserve has taken a wait-and-see stance since raising interest rates from record lows in December — waiting and seeing whether the U.S. economic picture warrants another rate hike.
After ending its latest policy meeting Wednesday, the Fed is widely expected to wait further. For how long, no one knows.
But investors will have more information to parse once the Fed issues a statement when its meeting ends and updates its economic forecasts and Chair Janet Yellen holds a news conference. The Fed’s characterization of the U.S. and global economies and financial markets could provide clues to the timing and pace of future rate hikes.
In December, the Fed raised its benchmark short-term rate for the first time in nearly a decade — from near zero to a range of 0.25 per cent to 0.5 per cent. The increase signalled that Yellen and her colleagues felt the U.S. economy had finally strengthened enough 6 1/2 years after the Great Recession ended to withstand higher loan rates…
After ending its latest policy meeting Wednesday, the Fed is widely expected to wait further. For how long, no one knows.
But investors will have more information to parse once the Fed issues a statement when its meeting ends and updates its economic forecasts and Chair Janet Yellen holds a news conference. The Fed’s characterization of the U.S. and global economies and financial markets could provide clues to the timing and pace of future rate hikes.
In December, the Fed raised its benchmark short-term rate for the first time in nearly a decade — from near zero to a range of 0.25 per cent to 0.5 per cent. The increase signalled that Yellen and her colleagues felt the U.S. economy had finally strengthened enough 6 1/2 years after the Great Recession ended to withstand higher loan rates…
GoldenTree faces major obstacles in bid to sell Postmedia stake
– theglobeandmail.com
The U.S. investor has approached a mix of investment funds and strategic players in a big to salvage what value it can from tanking newspaper company
China’s Li pledges more reform, says debt under control
– canadianbusiness.com
BEIJING, China – Chinese Premier Li Keqiang pledged Wednesday to press ahead with an overhaul of the state-dominated economy and financial markets despite slowing growth, saying the country’s rising debt levels are under control.
Li’s comments at a news conference were the latest installment in a high-level campaign to reassure jittery global markets about the health of the world’s second-largest economy following stock market and currency turmoil.
Li, the country’s top economic official, expressed confidence Beijing can carry out plans to shrink bloated steel and coal industries while still meeting its economic growth target of 6.5 to 7 per cent. He promised to make it easier to set up private businesses and said financial markets will be made more market-oriented to support growth.
“We will continue to pursue market-oriented reform,” said Li at the event held following the closing of the annual session of China’s ceremonial legislature.
The premier acknowledged concerns about rising debts and potential bad loans at banks but said debt levels and manageable due to large reserves at financial institutions and a high savings rate…
Li’s comments at a news conference were the latest installment in a high-level campaign to reassure jittery global markets about the health of the world’s second-largest economy following stock market and currency turmoil.
Li, the country’s top economic official, expressed confidence Beijing can carry out plans to shrink bloated steel and coal industries while still meeting its economic growth target of 6.5 to 7 per cent. He promised to make it easier to set up private businesses and said financial markets will be made more market-oriented to support growth.
“We will continue to pursue market-oriented reform,” said Li at the event held following the closing of the annual session of China’s ceremonial legislature.
The premier acknowledged concerns about rising debts and potential bad loans at banks but said debt levels and manageable due to large reserves at financial institutions and a high savings rate…
This Canadian short seller made a killing on Valeant’s stock swoon
– theglobeandmail.com
While other big investors, including the renowned Bill Ackman piled in, Jerome Hass bet against the stock – and emerges a winner
Deals to rise amid mine fire sale
– theglobeandmail.com
Indebted producers are looking to shed assets in what could be a busy year for mining deals
