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Taxes changes, new RRSP rules: Here’s what to watch out for in 2020 - Global News Dec 31st
Taxes changes, new RRSP rules: Here’s what to watch out for in 2020 Global NewsAre 2020's tax changes 'significant' or 'a wash'? CBC.caLower taxes, new RRSP rules and a digital-news credit among changes coming in 2020 The Globe and MailView full coverage on Google .... More »
The best GIC rates in Canada for 2026 Feb 3rd
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Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Wealthsimple review 2022 + MORE Jun 28th
After eight years on the marketplace, the Wealthsimple brand has developed a strong reputation for offering easy-to-use, low-fee financial services online. But it’s come a long way since its humble beginnings exclusively as a robo-advisor, branching out to include a discount brokerage (Wealthsimpl.... More »
The best high-interest savings accounts in Canada for 2024 Nov 11th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
Making sense of the markets this week, October 24, 2021 Oct 22nd
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The U.S. earnings beat just keeps coming
For week one of the earnings season, 41 S&P 500 companies reported their third-quarter results, and 80% beat ear.... More »
Don’t be fooled by these big dividend-growing stocks
– theglobeandmail.com
Some big-name companies have posted negative total returns over the past year
Royal Dutch Shell says it has signed two agreements to sell its undeveloped oilsands interests in Canada for a net consideration of US$7.25 billion.
Could dividend tax changes be on the way?
– moneysense.ca
South of the border the trend under the administration of Donald Trump is towards lower taxes. But here in Canada, high-income investors and modest-income retirees and would-be retirees are looking with trepidation to the March 22nd federal budget.
Last year, the federal Liberals introduced minor cuts to income tax levels for the middle class while pushing the top combined federal/provincial marginal tax rate past the magic 50% in several provinces, including Ontario, where the figure is now a whopping 53.53% (including high-income surtaxes) for those earning $220,000 a year. In other words, when such a high-earner receives a cash bonus on top of the regular salary, those “last” dollars will be taxed at 53.53%, as would interest income in non-registered investment accounts.
Last year, the federal Liberals introduced minor cuts to income tax levels for the middle class while pushing the top combined federal/provincial marginal tax rate past the magic 50% in several provinces, including Ontario, where the figure is now a whopping 53.53% (including high-income surtaxes) for those earning $220,000 a year. In other words, when such a high-earner receives a cash bonus on top of the regular salary, those “last” dollars will be taxed at 53.53%, as would interest income in non-registered investment accounts.
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Now it’s true that anyone interested in this regular Retired Money column is well aware that capital gains and dividends are taxed less harshly than earned income, bonuses or interest…
With new growth fund, big banks preach patience, patriotism
– theglobeandmail.com
The Canadian Business Growth Fund backed by the country’s largest financial institutions is a private-sector experiment urged on by the federal government
Canadian Natural buying Shell, Marathon oilsands holdings for C$12.74 billion
– canadianbusiness.com
Canadian Natural Resources plans to spend C$12.74 billion in cash and shares in a blockbuster deal to acquire the bulk of Royal Dutch Shell’s oilsands holdings and half of Marathon Oil’s minority stake in the Athabasca Oil Sands Project in Alberta.
The transaction, which would bring more of Alberta’s oilsands under the control of a Canadian company, also marks the latest example of an international energy giant divesting oilsands assets. Earlier this year, ExxonMobil announced a writedown of Canadian oilsands reserves and Statoil finalized a $832-million sale of its oilsands assets to Athabasca Oil Corp. of Calgary.
Alberta’s oilsands, the third largest proven oil reserves in the world, are also among the most costly and carbon-intensive to produce. Many companies have reconsidered their investments following a sharp fall in global crude prices.
The proposal announced Thursday would see Royal Dutch Shell get US$5.4 billion cash and nearly 98 million Canadian Natural shares (TSX:CNQ) from the Calgary-based company…
The transaction, which would bring more of Alberta’s oilsands under the control of a Canadian company, also marks the latest example of an international energy giant divesting oilsands assets. Earlier this year, ExxonMobil announced a writedown of Canadian oilsands reserves and Statoil finalized a $832-million sale of its oilsands assets to Athabasca Oil Corp. of Calgary.
Alberta’s oilsands, the third largest proven oil reserves in the world, are also among the most costly and carbon-intensive to produce. Many companies have reconsidered their investments following a sharp fall in global crude prices.
The proposal announced Thursday would see Royal Dutch Shell get US$5.4 billion cash and nearly 98 million Canadian Natural shares (TSX:CNQ) from the Calgary-based company…
