Investing in extreme times Jan 3rd

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UK Labour opposition party vows to reject May's Brexit deal - Toronto Star + MORE Sep 25th

Toronto StarUK Labour opposition party vows to reject May's Brexit dealToronto StarLONDON—Britain's main opposition Labour Party announced Tuesday it will reject Conservative Prime Minister Theresa May's proposed divorce deal with the European Union when it comes to a vote in Parlia.... More »

RRSP.ORG – Registered Retirement Savings Plan Dec 2nd

Registered Retirement Savings Plan RRSP.ORG Canadian Registered Retirement Savings Plan Organization is exactly that; the organization part of the best gift Canadian’s could get from the government to promote and encourage Canadian capital markets. Registered is the keyword and tax differed is.... More »
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TSX regains post-Brexit losses, Canadian dollar rises + MORE Jul 4th

The Toronto Stock Exchange rose by nearly 1.4 per cent today, recouping its losses after Britain's vote last month to leave the European Union..... More »
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Rallying gold and oil prices give TSX a triple digit boost, loonie strengthens + MORE Feb 14th

TORONTO _ Surging gold and oil prices helped give Canada’s main stock index a triple-digit boost, as the loonie strengthened against a weakening greenback. The S&P/TSX composite index advanced 111.80 points to 15,328.27, led by strong gains in the gold, base metals, materials and energy se.... More »
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How should I invest a $60,000 inheritance? + MORE Jul 31st

Creative Commons/Quinn Dombrowski Q I will be coming into $60,000 in the next month or so. I will use about $10,000 to pay down my line of credit (LOC) and credit card. I already have a TFSA account with lots of room to add more money. I also have a small investment account with my bank, which has.... More »
Investing in extreme timesMario Anzuoni/Reuters
The energy sector, including giants like BP, Shell and ExxonMobil, is overvalued to the tune of trillions of dollars and the entire industry—if not the global economy itself—could be thrown into crisis with the stroke of a pen. At least that’s the prediction of those who ascribe to the theory of a global carbon bubble. The thinking is as follows: the world is hurtling toward a climate change crisis and any serious global effort to prevent it will render a good chunk of recoverable oil reserves essentially unburnable.
While it sounds like an idea dreamt up by student activists over a few beers—and, indeed, several oil majors dismissed it as such—the warnings are being taken seriously by some high-profile people. Mark Carney, Canada’s former central banker and the current governor of the Bank of England, raised the issue at a World Bank conference earlier this year (he prefers the term “stranded assets”) and has since tasked the U.K.’s central bank to study the issue…

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