How to go about securing the best return for your investment in Canada.
Latest News
Nvidia beats revenue expectations in Q2, but fears of a tech bubble persist + MORE Aug 29th
Nvidia’s sales of its artificial intelligence chipsets remained a hot commodity during the company’s latest quarter, but the demand wasn’t quite feverish enough to ease recent worries that the AI craze may be fading.
The results announced Wednesday were hotly anticipated because Nvidia has .... More »
Cost-benefit analysis alone shouldn’t guide Olympic bid decision + MORE Jan 25th
As an economist, perhaps I should find it satisfying that every public-policy decision we make demands an economic justification. What’s the cost-benefit analysis of the project? What’s the return on investment of building a new tunnel or library? ...
.... More »
Know your TFSA contribution limit + MORE Oct 6th
For Canadian investors and savers, it’s always some of the best news to come each year: new TFSA room that becomes available each January 1. And for 2022, the TFSA contribution limit is $6,000.
The actual TFSA yearly limit was set at $5,000 back in 2009 when the investment account was first create.... More »
Close to retirement? Don’t panic, say financial experts Mar 22nd
If you are going to dip into your savings, do so in a planned way and track what you remove..... More »
A shack in Vancouver is selling for $7 million. Here’s what you could buy elsewhere. Mar 21st
In 2015 a shack in Vancouver’s West End made headlines when it sold for nearly $3 million. Just 27 months later, the rundown pile is back on the market and making headlines again, with an asking price of close to $7 million.
Barclay Street home in Vancouver’s West End for sale for almos.... More »
RBC completes ‘milestone’ U.S. bank deal
– theglobeandmail.com
Royal Bank’s purchase of L.A.-based City National is biggest Canadian banking deal since financial crisis
Valeant stock climbs as short seller says ‘our work here is done’
– theglobeandmail.com
New Citron report raises no new allegations against Canadian pharmaceutical giant; stands by previous claims
Debt consolidators you can trust
– moneysense.ca
(ivanastar/Getty Images)If you’re struggling with bill payments, don’t just go with the first debt consolidator you hear advertised on the radio. A better choice is to seek out the increasingly available services of a government-sponsored, not-for-profit agency—such as Alberta’s Money Mentors, which recently began offering free assistance to those trying to get a better handle on their finances. Nationally, there’s also Credit Counselling Canada, which has member offices or toll-free assistance available to all regions of the country, where certified professionals are on hand for one-on-one assessments and budgeting help at rates of $0 to $20 (depending on your financial circumstances).
Both of these agencies can also negotiate debt repayment plans with creditors on your behalf for up to but no more than 10% of your monthly balance. But keep in mind you’ll still have to make monthly payments, including interest and fees, until your debt is fully paid off—typically, within 60 months…
In a new report on Quebec’s Valeant Pharmaceuticals, short-seller Citron Research says the stock is “toxic” and predicts the drug company will soon have difficulty paying its debt as it undergoes investigation.
Before the Bell: Futures flat, expect a year-end rally
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
