How to go about securing the best return for your investment in Canada.
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How to stop procrastinating and cross two major money moves off your list + MORE Feb 11th
Dying intestate is a term that means someone has died without a will. Dying without a will means that the government gets to use provincial laws to decide how to distribute your estate and appoint your executor.—Willful.co, “Dying Without A Will In Canada.”
In 2013, my father took his own.... More »
This 29-year-old U.S. citizen living in Toronto makes $60,000 a year as a tech analyst. How should he invest his money? Nov 23rd
‘What investment products should I avoid to minimize tax headaches and risks? More generally, how should I invest as a U.S. citizen in Canada?’ Joe asks..... More »
Barclays, execs in U.K. court over fraud allegations + MORE Jul 3rd
Barclays and four of its former executives, including the ex-CEO, appeared in court in Britain on Monday on charges of conspiracy to commit fraud connected with efforts to raise funds from Qatar and avoid a bailout during the 2008 financial crisis..... More »
High house prices got you down? Here are 3 ways to beat the odds Dec 17th
With the sluggish economy and tightened lending rules, being priced out of the real estate market is a reality for many, particularly those in Toronto and Vancouver. But whether your finances are limited or you simply don't want to overextend yourself, there are other options..... More »
The best RRSP investments 2021 + MORE Feb 24th
A registered retirement savings plan (RRSP) is an investment that is registered with the Canadian federal government. RRSPs are often described as being “tax-advantaged.” That means you don’t pay income tax on the amount you are contributing to an RRSP, in the year you earn that contribution. .... More »
Royal Bank profit climbs 4% to $2.5B
– cbc.ca
Royal Bank of Canada will be raising its dividend to shareholders following a four per cent rise in third-quarter profit to $2.475 billion.
By the numbers: North American stocks show recovery after days of tumult
– canadianbusiness.com
TORONTO – North American stocks rose on Wednesday as the markets recovered from a slump driven by concerns about the health of the Chinese economy. Here are some key numbers:
TORONTO STOCKS: The S&P/TSX composite shot up 230.66 points, or 1.75 per cent, to end the day at 13,381.59. The index still hasn’t fully recovered from Monday’s losses, a 3.1 per cent drop. The TSX had rebounded slightly on Tuesday, gaining 0.8 per cent.
NEW YORK STOCKS: The three major American indexes gained much of their losses back from the previous two days, when all three fell by between four and five per cent. The Dow Jones industrial average climbed four per cent on Wednesday. The Standard & Poor’s 500 index posted its biggest gain since November 2011, jumping 3.9 per cent. The Nasdaq composite surged 4.2 per cent.
The three major U.S. indexes had dropped six days in a row heading into Wednesday, the longest market slide in more than three years.
ASIAN MARKETS: Markets in Asia were mixed following two days of widespread losses…
TORONTO STOCKS: The S&P/TSX composite shot up 230.66 points, or 1.75 per cent, to end the day at 13,381.59. The index still hasn’t fully recovered from Monday’s losses, a 3.1 per cent drop. The TSX had rebounded slightly on Tuesday, gaining 0.8 per cent.
NEW YORK STOCKS: The three major American indexes gained much of their losses back from the previous two days, when all three fell by between four and five per cent. The Dow Jones industrial average climbed four per cent on Wednesday. The Standard & Poor’s 500 index posted its biggest gain since November 2011, jumping 3.9 per cent. The Nasdaq composite surged 4.2 per cent.
The three major U.S. indexes had dropped six days in a row heading into Wednesday, the longest market slide in more than three years.
ASIAN MARKETS: Markets in Asia were mixed following two days of widespread losses…
The close: Wall Street sees biggest one-day gain in four years
– theglobeandmail.com
Gains for TSX more subdued
As recently as June, ATB Financial chief economist Todd Hirsch thought Alberta could pull off growth this year. Now, Hirsch says, the market meltdown and persistently low oil prices mean that there’s no way to avoid a recession.
The Canadian dollar recovered to above 75 cents on Wednesday amid continued stock market volatility, but oil’s prospects continued to dim.
