Making sense of the markets this week: February 19, 2023 Feb 17th

All about Canadian investments. Learn the ins and outs and get the latest news.

Latest News

How to have the most tax-efficient retirement income plan Mar 22nd

Ask MoneySense I am 59 years old, semi-retired and live in Ontario. I have $302,000 in my non-registered investment account (mostly Canadian equities), $133,000 in my TFSA (in equities), and $287,000 in my RRSP (in equities). I have three non-registered GICs, in 1-, 2- and 3-year terms, all earning .... More »

Gabriela has saved a ton of money living with her parents. Is the time right to buy or rent? Jun 4th

If Gabriela could continue living with her parents a bit longer, advises financial expert Jason Heath, that would add up to nearly $20,000 a year more to saving for a down payment..... More »

TD Bank reports $1.58B Q1 profit, down 58% from year ago - BNN Bloomberg + MORE Mar 2nd

TD Bank reports $1.58B Q1 profit, down 58% from year ago BNN BloombergTD tops analysts' forecasts as improved margins offset higher provisions for bad loans The Globe and MailRBC reports Q1 profit down as expenses, provisions for credit losses rise Yahoo Movies Canad.... More »

The Gorpcore Fashion Trend Is Giving a Boost to the Outdoor-Apparel Market Nov 7th

The term “gorpcore” was coined in the mid-2010s to describe the type of utilitarian clothing worn by the “good old raisins and peanuts” (hence GORP) crowd—hikers, campers and the like. When celebrities like Hailey Bieber and Frank Ocean started wearing grip-sole shoes and multi-pocket pant.... More »

Making sense of the markets this week: January 21, 2024 Jan 19th

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Bitcoin goes mainstream—the exact stream that was supposed to run dry I remember a few short years ago, bitcoin truthe.... More »

Making sense of the markets this week: February 19, 2023

– moneysense.ca

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.

Steady profits never make the news

Being a pipeline company is sort of like being a hockey referee: If people notice you, it’s probably for the wrong reasons.

Another consistent earnings quarter for Canada’s largest pipeline companies generally went unnoticed—as opposed to when a leak or other crisis occurs.

Canadian pipeline earnings highlights
Enbridge (ENB/TSX): Earnings per share of $0.63 (versus $0.73 predicted). Revenues not yet available. Keyera (KEY/TSX): Earnings per share of $0.49 (versus $0.40 predicted), and revenues of $1.78 billion (versus $1.64 predicted).TC Energy (TRP/TSX): Earnings per share of $1.11 (versus $1.10 predicted), and revenues of $4.04 billion (versus $3.89 billion predicted).

All three pipeline stocks saw a small uptick in share prices as a result of this, including Enbridge, which had a small earnings miss…

Continue Reading On moneysense.ca »

Why not follow our RSS feed to keep in sync with the latest Canadian Investment news?

Share