TSX getting you down? There are always sound investment alternatives.
Latest News
GST holiday break: Is it good for Canada’s economy? + MORE Nov 22nd
The federal government’s “meaty” move to pause federal sales tax on a long list of items and send cheques to millions of Canadians this spring could factor into an improving outlook for growth in 2025, economists say. The plan, which will cost about $6.3 billion, could put some upward pressur.... More »
The best GIC rates in Canada for 2025 Jan 20th
GIC comparison tool
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigat.... More »
How cash ETFs keep your money working Nov 25th
It’s a dilemma for many investors: you want to have cash set aside to hop on investment opportunities that might arise, but you also don’t want the money sitting in your portfolio not collecting any return. Enter cash exchange-traded funds. Experts say there is increasing demand for cash.... More »
Mike Pence accuses China of meddling in US elections despite lack of evidence - The Guardian Oct 4th
The GuardianMike Pence accuses China of meddling in US elections despite lack of evidenceThe GuardianVice-president's allegation echoes similar claim made by Trump last week but has been contradicted by cybersecurity experts. Julian Borger in Washington. Thu 4 Oct 2018 15.20 EDT Last modified o.... More »
BCE boosts dividend despite earnings dip + MORE Feb 8th
BCE Inc. reported Thursday that its fourth-quarter profit fell compared with a year ago as a number of expense items increased but the Montreal-based company says its dividend to common shareholders will be going up..... More »
The Globe and MailCanadian dollar steadies as investors shrug off NAFTA worriesThe Globe and MailThe Canadian dollar steadied against its American counterpart on Thursday, after volatile trading the day before when the Bank of Canada raised interest rates, as investors shrugged off worries that the United States will pull out of NAFTA. At 4 p.m …NAFTA uncertainty could be pausing business investment in Canada, Morneau saysNational PostNAFTA renegotiations being extendedNews1130US Is Losing Patience With Nafta Talks, Sources SayBloombergPuget Sound Business Journal (Seattle) -Ottawa Citizen -Pork Magazine -BNNall 51 news articles »
Energy and metals weigh on TSX as Wall St. pulls back, loonie slides lower
– canadianbusiness.com
TORONTO _ Canada’s main stock index fell moderately today, as Wall Street pulled back from the record highs it set yesterday.
The S&P/TSX composite index was down 42.23 points to 16,284.47, as the base metals, gold and energy sectors lost ground.
In New York, the Dow Jones industrial average tumbled 97.84 points to 26,017.81. The S&P 500 index inched down 4.53 points to 2,798.03 and the Nasdaq composite index edged back 2.23 points to 7,296.05.
The Canadian dollar closed at an average value of 80.35 cents US, down 0.13 of a U.S. cent.
The March crude contract gave back three cents to US$63.89 per barrel and the February natural gas contract was down four cents to US$3.19 per mmBTU.
The February gold contract fell US$12.00 to US$1,327.20 an ounce and the March copper contract was up one cent to US$3.20 a pound.
The post Energy and metals weigh on TSX as Wall St. pulls back, loonie slides lower appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index was down 42.23 points to 16,284.47, as the base metals, gold and energy sectors lost ground.
In New York, the Dow Jones industrial average tumbled 97.84 points to 26,017.81. The S&P 500 index inched down 4.53 points to 2,798.03 and the Nasdaq composite index edged back 2.23 points to 7,296.05.
The Canadian dollar closed at an average value of 80.35 cents US, down 0.13 of a U.S. cent.
The March crude contract gave back three cents to US$63.89 per barrel and the February natural gas contract was down four cents to US$3.19 per mmBTU.
The February gold contract fell US$12.00 to US$1,327.20 an ounce and the March copper contract was up one cent to US$3.20 a pound.
The post Energy and metals weigh on TSX as Wall St. pulls back, loonie slides lower appeared first on Canadian Business – Your Source For Business News.
Feds bolster BDC’s ability to provide more capital to clean tech companies
– canadianbusiness.com
OTTAWA _ The federal government will give $700 million over the next five years to the Business Development Bank of Canada in a bid to grow Canada’s clean technology industry.
The funding is intended to enable the bank to take on more risk, providing high-potential clean tech firms with more capital to expand their operations and hire additional staff.
The investment will be announced today in Montreal by Innovation Minister Navdeep Bains and Environment Minister Catherine McKenna.
The money is part of the government’s promise, made in last year’s budget, to invest $2.3 billion in clean technologies.
Bains is also set to announce the launch of a federal government “clean growth hub,” aimed at supporting clean tech companies and projects, co-ordinating existing programs and tracking results.
The government argues that investment in clean tech is good for both the environment and the economy.
“Today’s announcement demonstrates our government’s commitment to create well-paying, middle-class jobs while growing the economy and protecting the environment,” Bains said in a news release obtained in advance by The Canadian Press…
The funding is intended to enable the bank to take on more risk, providing high-potential clean tech firms with more capital to expand their operations and hire additional staff.
The investment will be announced today in Montreal by Innovation Minister Navdeep Bains and Environment Minister Catherine McKenna.
The money is part of the government’s promise, made in last year’s budget, to invest $2.3 billion in clean technologies.
Bains is also set to announce the launch of a federal government “clean growth hub,” aimed at supporting clean tech companies and projects, co-ordinating existing programs and tracking results.
The government argues that investment in clean tech is good for both the environment and the economy.
“Today’s announcement demonstrates our government’s commitment to create well-paying, middle-class jobs while growing the economy and protecting the environment,” Bains said in a news release obtained in advance by The Canadian Press…
