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The best GIC rates in Canada for 2025 + MORE Feb 3rd
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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.
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The best TFSAs in Canada for 2021 Sep 20th
As the name suggests, tax-free savings accounts (TFSAs) offer a tax break on contributions—meaning that, unlike with a regular savings account or non-registered investment account, what you earn inside your TFSA isn’t taxed, even when you make a withdrawal. TFSAs are flexible, too, allowing you .... More »
The 7 best student credit cards in Canada for July 2023 + MORE Jul 10th
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The 7 best student credit cards in Canada for July 2023
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Near retirement with no defined benefit pension? Here’s what you need to know Oct 21st
If you’re a typical reader of this column, I’m guessing retirement is on the near-term horizon for you, or already arrived in the form of “semi-retirement.” And if you’ve diligently saved in registered and taxable plans all these decades but lack an employer-sponsored defined benefit (DB) .... More »
The best GIC rates in Canada for 2024 May 30th
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The best GIC rates in Canada for 2024
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Canadian businesses say they plan on doing less hiring and investment in the coming year than at any other time since the recession of 2009, a survey from the Bank of Canada says.
CTV NewsTributes pour in for David Bowie, who 'gave us magic for a lifetime'CTV NewsFrom celebrities to politicians, astronauts to actors, social media lit up with tributes and expressions of mourning after the death of David Bowie. Born David Jones in the London suburb of Brixton, Bowie went on to shape popular music and the …David Bowie's carefully planned finaleToronto SunDavid Bowie: the enigmatic hero the arts world neededThe Globe and Mail'Blackstar' sales soar as Bowie's musical and financial legacy enduresReuters CanadaCNN -New York Times -Irish Timesall 8,095 news articles »
Loonie hovers above 70-cent U.S. mark
– macleans.ca
TORONTO – The rapidly falling price of oil dragged down Toronto’s stock market on Monday amid lingering worries for the country’s economic outlook this year.
The S&P/TSX composite index, which has lost nearly eight per cent of its value since Christmas Eve, was down again for its ninth consecutive day. In mid-afternoon trading, the Toronto Stock Exchange had lost 167.55 points, leaving it at 12,277.90.
The Canadian dollar, which has also been on a steep slide since the start of the year, fell 0.37 of a cent to 70.31 cents U.S. The last time the loonie settled below the 70-cent U.S. mark was on April 30, 2003, when it closed at 69.76 cents U.S.
The slump in China and its knock-on effects on commodity prices, especially oil, continued to drive down both the dollar and the TSX.
“We’re seeing a continuation of the weakness that started the year,” said Craig Fehr, Canadian market strategist at Edward Jones in St. Louis.
“The key drivers are pretty much the same…
The S&P/TSX composite index, which has lost nearly eight per cent of its value since Christmas Eve, was down again for its ninth consecutive day. In mid-afternoon trading, the Toronto Stock Exchange had lost 167.55 points, leaving it at 12,277.90.
The Canadian dollar, which has also been on a steep slide since the start of the year, fell 0.37 of a cent to 70.31 cents U.S. The last time the loonie settled below the 70-cent U.S. mark was on April 30, 2003, when it closed at 69.76 cents U.S.
The slump in China and its knock-on effects on commodity prices, especially oil, continued to drive down both the dollar and the TSX.
“We’re seeing a continuation of the weakness that started the year,” said Craig Fehr, Canadian market strategist at Edward Jones in St. Louis.
“The key drivers are pretty much the same…
TSX down for 9th straight session
– thestar.com
The Toronto stock market ended its ninth consecutive session in the red, as lingering concerns about the Chinese economy dragged down the price of oil.EDMONTON – The results of Alberta’s royalty review have now been put off for a few more weeks — but critics say time is of the essence.
“We said (from the beginning) that a review shouldn’t be done at all, but if it was done it needed to be over very quickly,” Wildrose Leader Brian Jean said Monday in an interview.
“That, of course, would reduce the uncertainty in the marketplace, and add stability and confidence for the business community and investors generally. This has not happened. The review itself has taken far too long, so the faster the better for sure.”
Alberta Party Leader Greg Clark said, “the real killer in all of this from the very beginning has been uncertainty.
“The longer it goes on, the longer this uncertainty remains and the longer investment dollars are parked on the sidelines.”
Alberta’s four-person royalty review panel, headed up by ATB Financial president Dave Mowat, has been taking submissions and listening to opinions since the beginning of September…
“We said (from the beginning) that a review shouldn’t be done at all, but if it was done it needed to be over very quickly,” Wildrose Leader Brian Jean said Monday in an interview.
“That, of course, would reduce the uncertainty in the marketplace, and add stability and confidence for the business community and investors generally. This has not happened. The review itself has taken far too long, so the faster the better for sure.”
Alberta Party Leader Greg Clark said, “the real killer in all of this from the very beginning has been uncertainty.
“The longer it goes on, the longer this uncertainty remains and the longer investment dollars are parked on the sidelines.”
Alberta’s four-person royalty review panel, headed up by ATB Financial president Dave Mowat, has been taking submissions and listening to opinions since the beginning of September…
