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Latest News
Stock news for investors: Iamgold expands, Teck advances merger talks, and Wealthsimple hits $100B milestone + MORE Oct 23rd
Here’s a round-up of news for Canadian investors this week.
Iamgold
Teck Resources
Mullen Group
Wealthsimple
West Fraser Timber
Featured RRSP Accounts
featured
EQ Bank
Bu.... More »
Making sense of the markets this week: September 17, 2023 + MORE Sep 15th
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.
U.S. inflation battle: Mission not accomplished
Despite increasing interest rates and hawkish talk from the U.S. F.... More »
The best GIC rates in Canada for 2026 May 19th
GIC comparison tool
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
The close: Financials lead TSX’s broad gains to end choppy week + MORE Jan 13th
S&P 500 gains as bank earnings start strong
.... More »
Hudson’s Bay properties in focus as RioCan calls creditor filing ‘disappointing’ - BNN Bloomberg + MORE Mar 18th
Hudson’s Bay properties in focus as RioCan calls creditor filing ‘disappointing’ BNN BloombergHudson's Bay's demise marks the death of the traditional department store in Canada CBC NewsWhat could the liquidation sales be like at Hudson’s Bay? Retail experts weigh in&nb.... More »
Business Highlights
– canadianbusiness.com
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The advice from financial pros: Don’t panic over Fed hike
Wealth advisers have one word of advice for clients who worry about the potential impact of the Federal Reserve’s first interest-rate increase in nine years: Relax.
Financial pros have been counselling clients that returns on stocks, bonds and other investments aren’t necessarily destined to suffer because of a modest Fed hike.
Investment returns hinge on many factors beyond a Fed rate increase — especially because the Fed stressed that its pace of increases will be gradual and that rates will likely stay historically low in the near future. And rates on mortgages and other loans likely won’t jump right away.
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Exec who jacked up price of a lifesaving drug is arrested
NEW YORK (AP) — A boyish-looking entrepreneur who became the new face of corporate greed when he jacked up the price of a lifesaving drug fiftyfold was led away in handcuffs by the FBI on unrelated fraud charges Thursday in a scene that left more than a few Americans positively gleeful…
The advice from financial pros: Don’t panic over Fed hike
Wealth advisers have one word of advice for clients who worry about the potential impact of the Federal Reserve’s first interest-rate increase in nine years: Relax.
Financial pros have been counselling clients that returns on stocks, bonds and other investments aren’t necessarily destined to suffer because of a modest Fed hike.
Investment returns hinge on many factors beyond a Fed rate increase — especially because the Fed stressed that its pace of increases will be gradual and that rates will likely stay historically low in the near future. And rates on mortgages and other loans likely won’t jump right away.
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Exec who jacked up price of a lifesaving drug is arrested
NEW YORK (AP) — A boyish-looking entrepreneur who became the new face of corporate greed when he jacked up the price of a lifesaving drug fiftyfold was led away in handcuffs by the FBI on unrelated fraud charges Thursday in a scene that left more than a few Americans positively gleeful…
Rosemarie Junor, PATH stabbing victim, was a newlywed – CBC.ca
– news.google.ca
CBC.caRosemarie Junor, PATH stabbing victim, was a newlywedCBC.caRosemarie (Kim) Junor, who died after being stabbed at a downtown Toronto Shoppers Drug Mart, got married in the summer, had a successful career in health care and would effortlessly pick up the steps for the intricate Bollywood dances she loved.Newlywed woman identified as victim of fatal stabbing in Toronto financial …The Globe and MailNewlywed woman IDed as stabbing victimMississaugaNewlywed Toronto woman dies from wounds suffered during unprovoked stabbing by …New York Daily Newsall 168 news articles »
Canadian dollar on cusp of its worst year ever
– theglobeandmail.com
At the current pace of decline, the Canadian dollar could set a new record loss this year, surpassing even the damage to the currency inflicted through the global financial crisis and ensuing recession.
THE CANADIAN PRESS/Frank GunnOne of Dalton McGuinty’s greatest achievements was making a political virtue of dorkiness. Ontarians elected him in 2003 on the apparent belief they were turning Queen’s Park over to the province’s oldest Boy Scout—an image from which he never shrank.
On the contrary, he and his handlers cultivated it, firm in the belief that the smiling cynicism of Mike Harris’s Progressive Conservatives had raised voter appetite for a Liberal do-gooder. So, over his next two mandates, Dalton McGuinty–Boy Premier morphed into Premier Dad, a straight-backed paternalist guiding Ontarians past crowded classrooms and marauding pit bulls.
A good investment, because today that aura seems to shield McGuinty from the ugliest scandal of his time in office.
On Thursday, Ontario Provincial Police announced criminal charges against two of McGuinty’s closest advisers over the deletion of emails in the province’s gas-plant scandal. Yet the former premier continues to fly above the wreckage, remarkably free of the sort of what-did-you-know-and-when questions other pols would face under the circumstances…
Scotiabank said to be reviewing $2.4-billion holding in Thai bank
– theglobeandmail.com
Review of its 49-per-cent stake could result in a partial or complete exit of the investment for Canada’s most international bank


