All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
JPMorgan making big profits by flipping cargo vessels + MORE Nov 19th
The investment bank is the biggest buyer of second-hand cargo freighters this year, having purchased 12 ships for $250-million. In an industry where rates can fluctuate wildly, 'If you have ships ready to take advantage of the spot market, you can make a lot of money'
.... More »
Stock news for investors: Groupe Dynamite reports strong Q4, adjusts 2025 outlook + MORE Jan 16th
Here’s a round-up of news for Canadian investors this week.
Groupe Dynamite
Lululemon
Kinross Gol
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings with 1.5.... More »
The Pokémon Company is investigating 'Pokémon with guns' satire Palworld - Yahoo Canada Finance Jan 25th
The Pokémon Company is investigating 'Pokémon with guns' satire Palworld Yahoo Canada FinancePalworld Has Sold An Astonishing Number Of Copies In Five Days KotakuThe Pokémon Company Announces It Will ‘Investigate’ Palworld IP And Assets ForbesHow Palworld or ".... More »
Nortel bankruptcy: $7.3B in remaining assets to be split among subsidiaries + MORE May 13th
The scraps of bankrupt Nortel Networks, once considered the powerhouse of Canada's tech sector, will be split between the various subsidiaries it once operated around the world, according to decisions released Tuesday..... More »
Argentina: Solo Deadbeat + MORE Aug 1st
Default is a tragedy for its people but not for financial markets..... More »
Canadian dollar looks for direction with no economic data set for release
– canadianbusiness.com
TORONTO – The Canadian dollar will be looking for direction Tuesday, with no major economic data set for release.
The loonie was ahead 0.03 of a cent to 93.69 cents US.
A number of factors including rising inflation, a better American economic climate and rising oil prices have helped push the currency to the 94-cent US mark, close to its highest point so far this year.
But the Canadian dollar pulled back Monday, a sign that it may not be able to stay at this height over the long-term.
Some of the retraction came after the Bank of Canada released its summer business survey, which showed that executives at 100 of Canadian firms were confident about future economic activity but were still cautious on investment and hiring. These views were slightly more pessimistic than the spring survey.
April’s survey had showed that there were some signs of improvement for exporters, with businesses saying that they had a positive outlook based on a strengthening U.S. economy and a depreciation of the Canadian dollar…
The loonie was ahead 0.03 of a cent to 93.69 cents US.
A number of factors including rising inflation, a better American economic climate and rising oil prices have helped push the currency to the 94-cent US mark, close to its highest point so far this year.
But the Canadian dollar pulled back Monday, a sign that it may not be able to stay at this height over the long-term.
Some of the retraction came after the Bank of Canada released its summer business survey, which showed that executives at 100 of Canadian firms were confident about future economic activity but were still cautious on investment and hiring. These views were slightly more pessimistic than the spring survey.
April’s survey had showed that there were some signs of improvement for exporters, with businesses saying that they had a positive outlook based on a strengthening U.S. economy and a depreciation of the Canadian dollar…
Calgary HeraldCalgary luxury home market on pace for another record yearCalgary HeraldCorinne Poffenroth of Sotheby's International Realty Canada in front of a luxury home in Mount Royal she has listed for sale. Photograph by: David Moll. CALGARY – Demand for top-tier real estate in Calgary remained strong in the first half of this year, …High-priced home sales climbed in Montreal after PQ fell: reportThe Globe and Mail'Luxury' sales stay strong in Vancouver24 Hours VancouverHigh-end homes still in hot demand, says Sotheby'sCP24 Toronto’s Breaking Newsall 34 news articles »
US threatens to end Afghanistan aid – Financial Times
– news.google.ca
ReutersUS threatens to end Afghanistan aidFinancial TimesThe US threatened on Tuesday to scrap security and financial support to Afghanistan if a deepening crisis over the country's disputed presidential election ends in a power grab. Washington issued the warning after thousands of supporters of Abdullah …Abdullah rejects Afghan presidential election resultsThe HinduPresidential candidate Abdullah claims victory as Afghan election crisis deepensTimes of IndiaAfghan election: Palpable rage in Abdullah's campBBC NewsCTV News -Irish Independent -Washington Postall 1,006 news articles »
Are you paying too much in investment fees?
– moneysense.ca
Q: My wife Cathy and I pay our adviser an annual flat fee of 1.25% to manage our retirement portfolio, which is worth about $1 million. But I’m not so sure I’m comfortable with this arrangement anymore. We’re buy-and-hold investors and I’m the one whose always telling our adviser what to do. What are our options for reducing fees and getting better returns? — Ned, TorontoA: I find most investors are unaware that fees can vary greatly depending on the investment options they choose. In fact, my experience has been that many investors don’t even know how or how much they’re paying.
Just keep in mind that lower fees won’t guarantee higher returns, but they will certainly tilt the scale in your favour. For instance, if you can decrease fees or increase returns by just one percentage point annually, you can generate a one-third larger nest egg in 30 years.
Right now, you and Cathy are forking out $12,500 every year to your adviser. And because you live in Ontario, there’s an additional 13% Harmonized Sales Tax (HST), pushing your total fees to more than$14,000 a year—or 1…
North American stock markets pull back as summer earnings season kicks off
– canadianbusiness.com
TORONTO – The Toronto stock market pulled back Tuesday, with traders looking to gauge the health of the North American economy as the summer corporate earnings season gets underway.
The S&P/TSX composite index fell 92.03 points to 15,080.85, dragged down by energy and financial stocks.
The loonie was flat, up 0.02 of a cent to 93.68 cents US.
Traders are awaiting the latest results from U.S. aluminum giant Alcoa, which is set to report earnings after markets close. The company is viewed as an economic bellwether because its aluminum products are widely used in various sectors like manufacturing and the auto industry, and could point to the state of the American economy. Many Canadian companies report their earnings later this month and into August.
U.S. markets were down with the Dow Jones industrials losing 94.63 points to 16,929.58, the Nasdaq dropping 32.61 points to 4,418.92, while the S&P 500 lost 9.71 points to 1,967.94. The indexes had rallied last week to new highs following a government report that showed the world’s largest economy generated a stronger-than-expected 288,000 jobs in June…
The S&P/TSX composite index fell 92.03 points to 15,080.85, dragged down by energy and financial stocks.
The loonie was flat, up 0.02 of a cent to 93.68 cents US.
Traders are awaiting the latest results from U.S. aluminum giant Alcoa, which is set to report earnings after markets close. The company is viewed as an economic bellwether because its aluminum products are widely used in various sectors like manufacturing and the auto industry, and could point to the state of the American economy. Many Canadian companies report their earnings later this month and into August.
U.S. markets were down with the Dow Jones industrials losing 94.63 points to 16,929.58, the Nasdaq dropping 32.61 points to 4,418.92, while the S&P 500 lost 9.71 points to 1,967.94. The indexes had rallied last week to new highs following a government report that showed the world’s largest economy generated a stronger-than-expected 288,000 jobs in June…
