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From government financial support to the expanded summer jobs program, here are four smart money moves to help you weather the storm..... More »
Beyond bullion: Smarter ways for Canadians to invest in gold Oct 20th
Gold prices are flying. As of October 17, the spot price of gold is trading at $5,928 per ounce in Canadian dollars, or roughly $4,227 in U.S. dollars. The surge comes on the back of what Wall Street has dubbed “the debasement trade.” In simple terms, this refers to investors reacting to long-t.... More »
OAS payment dates in 2024 and 2025, and more to know about Old Age Security + MORE Nov 4th
If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS wo.... More »
Wall Street declines after Trump's fresh tariffs on Canada - Reuters + MORE Mar 11th
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Making sense of the markets this week: June 14 Jun 11th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Meme stocks: They’re back…
I thought new investors would get tired of losing money. But I guess not.
Crowd co-ordinated investing in companies specifically to drive the .... More »
Calgary 20 something engineers revive investment club concept to talk stocks
– canadianbusiness.com
Some see it as a throwback to another era, but a group of 20-something Calgary engineers say they heartily recommend membership in an investment club after running one for three years.
A well-worn copy of a Canadian Investment Institute book called “How to Start and Run an Investment Club for Fun and Learning,” spotted in a second-hand bookstore four years ago, gave founder Taylor Merritt, 29, the idea to create The Hillary Club.
The $6 book sparked an online invitation to his friends to ask if they were interested.
A group of four soon started meeting weekly over breakfast for “stock talk” sessions.
About a year later, the decision was made to take the plunge and start investing real money. A partnership agreement was drafted and registered with provincial securities authorities. The members voted to donate five per cent of net income to charity.
“A lot of that first year was just feeling out everyone’s risk tolerance and their appetite for some of these different kinds of investments,” said Craig Merritt, 30, Taylor’s older brother and a founding member…
A well-worn copy of a Canadian Investment Institute book called “How to Start and Run an Investment Club for Fun and Learning,” spotted in a second-hand bookstore four years ago, gave founder Taylor Merritt, 29, the idea to create The Hillary Club.
The $6 book sparked an online invitation to his friends to ask if they were interested.
A group of four soon started meeting weekly over breakfast for “stock talk” sessions.
About a year later, the decision was made to take the plunge and start investing real money. A partnership agreement was drafted and registered with provincial securities authorities. The members voted to donate five per cent of net income to charity.
“A lot of that first year was just feeling out everyone’s risk tolerance and their appetite for some of these different kinds of investments,” said Craig Merritt, 30, Taylor’s older brother and a founding member…
Equifax reports lower third-quarter earnings after data breach
– theglobeandmail.com
Costs from the credit reporting bureau’s recently disclosed data breach that exposed deeply sensitive information on 145.5 million people have begun to mount
The close: TSX retreats as materials and financial shares weigh
– theglobeandmail.com
U.S. tax cut worries derail hopes of longest winning run in 14 years
Telus raising quarterly dividend, third quarter profit up from year ago
– canadianbusiness.com
VANCOUVER _ Telus Corp. raised its quarterly dividend as it reported its third-quarter profit was up compared with a year ago.
The telecommunications company (TSX:T) says it will now pay a quarterly dividend of 50.5 cents per share, up from 49.25 cents per share.
The increase came as Telus says it earned a profit of $367 million attributable to shareholders or 62 cents per diluted share in its latest quarter, up from $348 million or 59 cents per diluted share a year ago.
Operating revenue totalled $3.37 billion, up from $3.24 billion.
On an adjusted basis, Telus said it earned $391 million or 66 cents per share in its latest quarter, up from $383 million or 65 cents per share in the same quarter last year.
In the quarter, the company says it added 124,000 wireless customers, including 115,000 postpaid net additions, 19,000 high-speed Internet subscribers and 9,000 Telus TV customers.
The post Telus raising quarterly dividend, third quarter profit up from year ago appeared first on Canadian Business – Your Source For Business News.
The telecommunications company (TSX:T) says it will now pay a quarterly dividend of 50.5 cents per share, up from 49.25 cents per share.
The increase came as Telus says it earned a profit of $367 million attributable to shareholders or 62 cents per diluted share in its latest quarter, up from $348 million or 59 cents per diluted share a year ago.
Operating revenue totalled $3.37 billion, up from $3.24 billion.
On an adjusted basis, Telus said it earned $391 million or 66 cents per share in its latest quarter, up from $383 million or 65 cents per share in the same quarter last year.
In the quarter, the company says it added 124,000 wireless customers, including 115,000 postpaid net additions, 19,000 high-speed Internet subscribers and 9,000 Telus TV customers.
The post Telus raising quarterly dividend, third quarter profit up from year ago appeared first on Canadian Business – Your Source For Business News.
Canadian Tire reports sales up from year ago, raises quarterly dividend
– canadianbusiness.com
TORONTO _ Canadian Tire Corp. raised its quarterly dividend by 38 per cent as it reported its third-quarter profit edged higher.
The retailer says it will begin paying a quarterly dividend of 90 cents per share next year, up from 65 cents per share.
The company made the move as it reported a profit attributable to shareholders of $176.6 million or $2.59 per diluted share in its latest quarter.
That compared with a profit attributable to shareholders of $176.4 million or $2.44 per diluted share a year ago when it had more shares outstanding.
Revenue increased to $3.30 billion, up from $3.13 billion a year ago.
In addition to its namesake stores, Canadian Tire (TSX:CTC) also owns Mark’s and FGL Sports, which operates Sport Chek, Hockey Experts, Sports Experts, among other stores.
The post Canadian Tire reports sales up from year ago, raises quarterly dividend appeared first on Canadian Business – Your Source For Business News.
The retailer says it will begin paying a quarterly dividend of 90 cents per share next year, up from 65 cents per share.
The company made the move as it reported a profit attributable to shareholders of $176.6 million or $2.59 per diluted share in its latest quarter.
That compared with a profit attributable to shareholders of $176.4 million or $2.44 per diluted share a year ago when it had more shares outstanding.
Revenue increased to $3.30 billion, up from $3.13 billion a year ago.
In addition to its namesake stores, Canadian Tire (TSX:CTC) also owns Mark’s and FGL Sports, which operates Sport Chek, Hockey Experts, Sports Experts, among other stores.
The post Canadian Tire reports sales up from year ago, raises quarterly dividend appeared first on Canadian Business – Your Source For Business News.
