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Most actively traded companies on the TSX + MORE Mar 16th
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,478.13, up 77.82 points):
First Quantum Minerals Ltd. (TSX:FM). Miner. Up 82 cents, or 10.72 per cent, to $8.47 on 11 million shares.
B2Gold Corp. (TSX:BTO). Miner. Up 20 cents, or 10.53 per .... More »
Understanding Hack Attacks on Cryptocurrency Sep 28th
You’ve probably heard many good things about cryptocurrency; how people reaped good returns after Bitcoin’s unit price skyrocketed. You want in on the virtual currency gravy train and have some extra cash to spare for this venture. But maybe you’re a bit hesitant.
Unlike traditional in.... More »
Why you don’t invest your money? Jan 26th
Do you need to be an investor to be happy? No. Can you get rich without ever buying a single stock? Sure. Then why bother? Yeah, I thought the same.
But no matter how happy you are or how much money you make, there’s something that has been feeding off of your finances behind your back. It has .... More »
What is financial freedom in Canada? + MORE Oct 23rd
Canadians aren’t short on advice for achieving financial freedom. A quick online search for “how to become financially free” will give you results that can be either informative or confusing. To be fair, some of it is correct, some is misleading, and some is downright wrong. Sources range from.... More »
Making sense of the markets this week: July 21, 2024 Jul 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.
Inflation continues to fall as temperature rise
As we’re moving through summer’s dog days and heat records are .... More »
'It sucks:' Hardisty, town at start of Keystone XL, takes stock of rejection – Edmonton Journal
– news.google.ca
Newsweek'It sucks:' Hardisty, town at start of Keystone XL, takes stock of rejectionEdmonton JournalHARDISTY, Alta. — Lee Hayes and his coworker Dave Stuart have a blunt assessment of U.S. President Barack Obama's rejection of the Keystone XL pipeline: “It sucks.” The two 50-something men make their living maintaining equipment in the tiny, quiet …TransCanada still has options for Keystone XL, despite Obama's rejectionCBC.caWithout Keystone, industry must find new paths for oilMiami HeraldCanada was irrelevant in Obama's decision to reject Keystone XL pipelineThe Globe and MailWhitehouse.gov (press release)all 2,692 news articles »
Puerto Rico filing says government likely to cut services or default on debt before year’s end
– canadianbusiness.com
SAN JUAN, Puerto Rico – Puerto Rico’s government will likely have to cut back on public services or default on debts before the end of the year because it is running out of cash, the Government Development Bank said in a financial filing.
Putting numbers to a warning this summer from Gov. Alejandro Garcia Padilla, the filing late Friday said the U.S. territory had a $370 million overdraft as of Sept. 30 and burned through a $400 million emergency loan from a group of public corporations to keep government operating. It also cut revenue estimates for the current fiscal year by $355 million because of weaker than expected collections.
The development bank, which has been the lender of last resort for the island’s cash-strapped government, may be insolvent by year’s end, the report added.
To conserve cash, officials have been holding back payments to suppliers and tax rebates to taxpayers and they are now discussing cutting employee work schedules by two days a week…
Putting numbers to a warning this summer from Gov. Alejandro Garcia Padilla, the filing late Friday said the U.S. territory had a $370 million overdraft as of Sept. 30 and burned through a $400 million emergency loan from a group of public corporations to keep government operating. It also cut revenue estimates for the current fiscal year by $355 million because of weaker than expected collections.
The development bank, which has been the lender of last resort for the island’s cash-strapped government, may be insolvent by year’s end, the report added.
To conserve cash, officials have been holding back payments to suppliers and tax rebates to taxpayers and they are now discussing cutting employee work schedules by two days a week…
