All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
With debt payment looming, House weighs Puerto Rico bill + MORE Jun 9th
WASHINGTON – With a $2 billion debt payment looming, House leaders and President Barack Obama are pressuring lawmakers in both parties to support legislation to help ease Puerto Rico’s financial crisis.
The House is scheduled to begin debate Thursday on a bill that would create a financi.... More »
How Foreigners Became America's Financial Regulators + MORE Mar 19th
The Fed and Treasury are answering to a board of the G-20 without admitting it to the American people..... More »
Tech stock sell-off pushes markets lower Nov 12th
A steep drop in technology companies sent U.S. stocks sharply lower Monday, knocking off more than 600 points from the Dow Jones Industrial Average..... More »
Canadian dollar falls ahead of open at Toronto Stock Exchange + MORE Jun 1st
TORONTO – The Canadian dollar was down about one-quarter of a U.S. cent ahead of trading on North American stock markets, which appeared headed for a positive open.
The loonie traded at 80.13 cents US, down 0.28 of a U.S. cent from Friday’s close.
The Dow Jones industrial futures were up.... More »
Oil hovers around $94 a barrel as Fed stimulus balances supply concerns + MORE Nov 16th
NEW YORK, N.Y. – The price of oil circled $94 for a second week as the promise of the continuation of the Federal Reserve’s economic stimulus was balanced by abundant U.S. supplies.
Benchmark West Texas Intermediate crude rose eight cents to close at US$93.84 a barrel on the New York Mer.... More »
Streetwise on the Street, in Toronto's financial district
– theglobeandmail.com
Come and meet our staff in the financial district Wednesday and Thursday
Pope Francis took a key step Wednesday toward reforming the troubled Vatican bank, naming a commission of inquiry to look into its activities amid a new money-laundering probe and continued questions about the very nature of the secretive financial institution.4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Brave the U.S. property backlash
– moneysense.ca
Canadians looking to purchase a vacation home south of the border may find some stiff competition this summer. Stiff competition from institutional investors and a few harsh words from U.S. families, who feel they’re being shut out of the America’s recovering housing market.
Due to poor stock and bond market performance over the last few years, many hedge funds, private capital companies, and large institutional investors turned to the residential housing market. “They saw better returns on real estate, and began investing in homes, and renting them out,” says Arnold Porter, a Phoenix, AZ realtor who specializes in finding vacation homes for Canadians.
In California alone, institutional investors—investors that purchase 10 or more properties in a geographic area—generated 8% of all real estate transactions in 2013 (so far). Seven years ago, institutional money made up only 0.5% of the market, says Madeline Schnapp, director of economics research at PropertyRadar. “That means local families are shut out of the market if they’re not buying with cash,” says Schnapp…
Due to poor stock and bond market performance over the last few years, many hedge funds, private capital companies, and large institutional investors turned to the residential housing market. “They saw better returns on real estate, and began investing in homes, and renting them out,” says Arnold Porter, a Phoenix, AZ realtor who specializes in finding vacation homes for Canadians.
In California alone, institutional investors—investors that purchase 10 or more properties in a geographic area—generated 8% of all real estate transactions in 2013 (so far). Seven years ago, institutional money made up only 0.5% of the market, says Madeline Schnapp, director of economics research at PropertyRadar. “That means local families are shut out of the market if they’re not buying with cash,” says Schnapp…
