There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
How should a 24-year-old invest now to minimize taxes in the future? + MORE Dec 5th
Q. I’m 24 years old and have a dilemma. I have made the maximum contributions to my Tax-Free Savings Account (TFSA) every year, and now I’m wondering what money moves I should make next. By that, I mean what is the best investment route for me at this stage of my life so that I pay the least amo.... More »
3 mistakes you might be making as a self-directed investor, and how to fix + MORE Jul 7th
If you’re a self-directed investor, you already know you’re saving a bundle on the fees and commissions that advisors and investment firms charge. Your take-charge attitude should pay off, so long as you steer clear of the investing errors below that can cost you your returns. To avoid that fate.... More »
Making sense of the markets this week: December 7 + MORE Dec 4th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Canadians with smaller portfolios are the target for deferred service charge (DSC) mutual funds
There was some good news and bad news in this article on Advisor’s Edge. Th.... More »
Fairfax weighs in on Tembec takeover vote + MORE Jul 21st
Fairfax Financial says it won’t vote on proposed takeover of forestry product company
.... More »
Dominic Barton wants Justin Trudeau to think big about the economy. Will he? + MORE Sep 5th
Chairman of the Advisory Council Dominic Barton pats Minister of Finance Bill Morneau on the shoulder during a news conference in Ottawa, Thursday, October 20, 2016. (Adrian Wyld/CP)
Dominic Barton is all about scale. When the global managing partner of McKinsey & Co. gives a talk, he’s prone .... More »
Fintech firms try to appeal to millennials’ sense of social responsibility
– canadianbusiness.com
TORONTO – Several startups in the financial technology sector have unveiled products or services in recent months that attempt to court millennials by appealing to their sense of social responsibility.
Online investment adviser WealthSimple launched a socially responsible portfolio about three months ago, and since then roughly 10 per cent of the robo-adviser’s clients have signed up for that option, says founder and CEO Michael Katchen.
“It’s been hugely popular,” says Katchen. “Our clients love it.”
Socially responsible investing, or ethical investing, is the marriage of personal ethics with finance, and it’s been growing in popularity in recent years, a trend believed to be fuelled partly by the values of millennial investors.
According to a report released last year by the Responsible Investment Association, more than $1 trillion of assets in Canada were being managed using at least one responsible investing strategy as of Dec. 31, 2013…
Online investment adviser WealthSimple launched a socially responsible portfolio about three months ago, and since then roughly 10 per cent of the robo-adviser’s clients have signed up for that option, says founder and CEO Michael Katchen.
“It’s been hugely popular,” says Katchen. “Our clients love it.”
Socially responsible investing, or ethical investing, is the marriage of personal ethics with finance, and it’s been growing in popularity in recent years, a trend believed to be fuelled partly by the values of millennial investors.
According to a report released last year by the Responsible Investment Association, more than $1 trillion of assets in Canada were being managed using at least one responsible investing strategy as of Dec. 31, 2013…
Why investors should brace for volatility ahead
– theglobeandmail.com
The recent U.S. market rally, combined with what could be a disappointing second-quarter earnings season, has set the stage for a dangerously volatile few months ahead for investors
Canadians losing confidence in ability to meet financial goals: CIBC poll
– canadianbusiness.com
TORONTO – A new poll from CIBC suggests that some millennials and Generation Xers are losing confidence in their ability to meet their financial goals over the next year.
CIBC says 73 per cent of the Canadians it polled say they are confident they will meet their financial goals over the next 12 months — down from 80 per cent in December when the bank conducted a similar poll.
The survey, which was conducted by Angus Reid, polled 1,489 Canadians online between June 9 and 10.
The polling industry’s professional body, the Marketing Research and Intelligence Association, says online surveys cannot be assigned a margin of error because they do not randomly sample the population.
Millennials, which the survey defines as those between 18 and 34 years old, were the most confident about their ability to meet their goals back in December, at 84 per cent. But in the most recent poll, only 72 per cent of millennials expressed confidence.
The number of Generation X Canadians — aged 35 to 54 — who expressed confidence about their ability to meet their financial goals fell to 66 per cent, from 78 previously…
CIBC says 73 per cent of the Canadians it polled say they are confident they will meet their financial goals over the next 12 months — down from 80 per cent in December when the bank conducted a similar poll.
The survey, which was conducted by Angus Reid, polled 1,489 Canadians online between June 9 and 10.
The polling industry’s professional body, the Marketing Research and Intelligence Association, says online surveys cannot be assigned a margin of error because they do not randomly sample the population.
Millennials, which the survey defines as those between 18 and 34 years old, were the most confident about their ability to meet their goals back in December, at 84 per cent. But in the most recent poll, only 72 per cent of millennials expressed confidence.
The number of Generation X Canadians — aged 35 to 54 — who expressed confidence about their ability to meet their financial goals fell to 66 per cent, from 78 previously…
SaskTel annual report notes profit for the Crown, but also challenges ahead
– canadianbusiness.com
REGINA – SaskTel customers are hanging up their landlines and that’s affecting revenue.
The SaskTel annual financial report says revenue from phone service was down $234.2 million for the fiscal year ending in March because customers dropped their existing landline to go wireless.
Long-distance revenue was also down $5.4 million and the report says that’s due to loss of customers to social media, wireless and voice-over-Internet protocol.
But the Crown corporation made more on wireless services and still reported an overall net income of $126.7 million and revenue of $1.6 billion.
The company is looking at ways to stay competitive in the telecommunications industry, in part because a report released last month said the takeover of Manitoba Telecom Services (TSX:MBT) by Bell (TSX:BCE) poses risks to SaskTel.
Among other things, the report said there’s a risk that establishing Winnipeg as a western headquarters for Bell could lead to an erosion of SaskTel’s share of the Saskatchewan business market…
The SaskTel annual financial report says revenue from phone service was down $234.2 million for the fiscal year ending in March because customers dropped their existing landline to go wireless.
Long-distance revenue was also down $5.4 million and the report says that’s due to loss of customers to social media, wireless and voice-over-Internet protocol.
But the Crown corporation made more on wireless services and still reported an overall net income of $126.7 million and revenue of $1.6 billion.
The company is looking at ways to stay competitive in the telecommunications industry, in part because a report released last month said the takeover of Manitoba Telecom Services (TSX:MBT) by Bell (TSX:BCE) poses risks to SaskTel.
Among other things, the report said there’s a risk that establishing Winnipeg as a western headquarters for Bell could lead to an erosion of SaskTel’s share of the Saskatchewan business market…
Bank of Canada keeps the faith, but lacks answers
– theglobeandmail.com
A boom in exports hasn't led to increase in investment
