All about Canadian investments. Learn the ins and outs and get the latest news.
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GameStop stock sees price drops after restrictions put on trades - CBC News: The National Jan 29th
GameStop stock sees price drops after restrictions put on trades CBC News: The NationalRobinhood Users Suing Over Trade Limits Face High Legal Bar Yahoo Canada FinanceGameStop frenzy is stock market gambling, WallStreetBets founder says Global NewsThe surge in GameSt.... More »
5 things to know before the stock market opens Friday - CNBC Dec 16th
5 things to know before the stock market opens Friday CNBCAsia Stocks Set to Open Lower on Hawkish Policy: Markets Wrap BNN BloombergMarkets: Wall Street points lower CTV NewsAsian Stocks Join Global Retreat As Central Banks See Higher Rates Barron'sWeekly.... More »
RBC earnings: A look at the bank’s Q2 financials + MORE May 31st
Royal Bank of Canada says it’s rewarding shareholders as its second-quarter profit rose from last year and it successfully closed its HSBC Canada acquisition.
The bank said Thursday it will now pay a quarterly dividend of $1.42 per share, an increase of four cents. It also said it plans to buy .... More »
The Fall of the House of Sharpe: What Exactly Happened to Bridging Finance? Oct 10th
When they started out in the ’90s, David Sharpe and Natasha Hilfer were both both fiercely smart and exceedingly ambitious, with eyes on the finance sector. But both believed they had to overcome, as David once said, the implicit need-not-apply sign Bay Street hung to ward off anyone who was diffe.... More »
How to buy Scotiabank GICs + MORE Mar 10th
Guaranteed investment certificates (GICs) are a no-risk way to invest your money with the confidence that you’ll get back your principal plus interest. Usually, GICs offer interest rates that are better than savings accounts, especially now that the Bank of Canada’s recent rate hikes have booste.... More »
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago – TechCrunch
– news.google.ca
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago TechCrunch’If you’re a shareowner in Amazon, you may want to take a seat’ — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response CNBCAmazon posts higher 1Q sales on coronavirus-driven spending, sees $4B in 2Q costs Yahoo Canada FinanceAmazon posts Q1 2020 revenue, commits $4 billion USD to workplace safety MobileSyrupAmazon’s Q2 forecast weighed down by $4-billion in COVID-19 related costs, shares fall Financial PostView Full coverage on Google News
Apple Earnings Beat as Services Strength Softens Blow to iPhone Sales – Investing.com
– news.google.ca
Apple Earnings Beat as Services Strength Softens Blow to iPhone Sales Investing.comApple reports flat revenue and does not offer guidance because of coronavirus uncertainty CNBCApple boosted by streaming services despite lockdown BBC NewsApple sales inch higher despite coronavirus but CEO Tim Cook sees uncertain future The Globe and MailApple profit slips as revenue edges higher in pandemic RFIView Full coverage on Google News
On April 8, 2020, the Insurance Bureau of Canada released the following statement:
To help Canadians cope with the financial impact of COVID-19, the Insurance Bureau of Canada (IBC) member companies are offering substantial consumer relief measures. For consumers whose driving habits have changed significantly, IBC member companies are offering reductions in auto insurance premiums to reflect this reduced risk. IBC expects this could result in $600 million in savings to consumers. The reductions will continue for the next 90 days.
Additionally, insurers have supported Canadians and businesses who are most adversely affected by honouring requests to defer auto insurance premiums. Thousands of Canadians have had their premiums deferred.
The Insurance Bureau’s grand general statement, and the imprecise media reporting that followed, contributed to confusion among Canadian drivers. Yes, $600-million is a whole lot of money, but it has to be divided among more than 20 million personal use vehicles registered in Canada, for a rough average of $30 per vehicle…
To help Canadians cope with the financial impact of COVID-19, the Insurance Bureau of Canada (IBC) member companies are offering substantial consumer relief measures. For consumers whose driving habits have changed significantly, IBC member companies are offering reductions in auto insurance premiums to reflect this reduced risk. IBC expects this could result in $600 million in savings to consumers. The reductions will continue for the next 90 days.
Additionally, insurers have supported Canadians and businesses who are most adversely affected by honouring requests to defer auto insurance premiums. Thousands of Canadians have had their premiums deferred.
The Insurance Bureau’s grand general statement, and the imprecise media reporting that followed, contributed to confusion among Canadian drivers. Yes, $600-million is a whole lot of money, but it has to be divided among more than 20 million personal use vehicles registered in Canada, for a rough average of $30 per vehicle…
What you need to know about this year’s tax-filing extension
– moneysense.ca
April 30 lost its infamous place in the spotlight this year, given that the federal government has extended the traditional income tax filing and payment deadlines to help Canadians affected by COVID-19.
Most of us get an extra month to file, until June 1, 2020, and an additional four months to pay up, until Sept. 1, 2020, if there are any amounts owing for the 2019 tax year. While returns for self-employed filers are still due June 15, as is the case every year, those with 2019 taxes owing also have until Sept. 1 to remit payment, instead of the usual April 30 deadline.
Still, many Canadians are unclear about the details of these changes. For example, if you take the payment extension, will penalty and interest charges apply? And what’s the deal for self-employed filers who collect and remit GST/HST?
So, we researched the new Canada Revenue Agency guidance and spoke with Nicholas Cheung, CPA, CA, a Toronto-based accountant and financial educator, to get answers on these and other frequently asked tax-filing questions…
Most of us get an extra month to file, until June 1, 2020, and an additional four months to pay up, until Sept. 1, 2020, if there are any amounts owing for the 2019 tax year. While returns for self-employed filers are still due June 15, as is the case every year, those with 2019 taxes owing also have until Sept. 1 to remit payment, instead of the usual April 30 deadline.
Still, many Canadians are unclear about the details of these changes. For example, if you take the payment extension, will penalty and interest charges apply? And what’s the deal for self-employed filers who collect and remit GST/HST?
So, we researched the new Canada Revenue Agency guidance and spoke with Nicholas Cheung, CPA, CA, a Toronto-based accountant and financial educator, to get answers on these and other frequently asked tax-filing questions…
