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
Canadian home sales flat in April as buyers remain cautious - The Globe and Mail + MORE May 15th
Canadian home sales flat in April as buyers remain cautious The Globe and MailDespite falling interest rates and prices, home affordability isn’t set to improve any time soon, report says Toronto StarCanadian real estate market entering a ‘transition period,’ says CREA&nb.... More »
Making sense of the markets this week: November 16 Nov 13th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The stock markets cheer the vaccine news from Pfizer
Pfizer’s vaccine announcement is certainly the big story of the week, just as the U.S. election was the story last wee.... More »
Sherritt seeks extension on $720-million in debt to weather downturn + MORE May 31st
Company says a three-year delay would treat all noteholders fairly and provide greater financial stability as it weathers a period of weak commodity prices
.... More »
WTI oil price moves above Brent amid gloomy outlook from OPEC + MORE Dec 23rd
Oil prices rebounded from their six-year low on Wednesday after a fall in U.S. crude inventories, helping to lift both the TSX and the Canadian dollar..... More »
What is Tom Hiddleston's net worth? Avengers: Infinity War star's wealth revealed - Daily Mail Apr 24th
Daily MailWhat is Tom Hiddleston's net worth? Avengers: Infinity War star's wealth revealedDaily MailHe's busy promoting the latest Marvel film, Avengers: Infinity War, in which he plays the mischievous trickster Loki, and it seems Tom Hiddleston fans are worried about the character. .... More »
Citi, JPMorgan, other big banks to pay $1.9B in tentative deal to settle price-fixing case
– canadianbusiness.com
NEW YORK, N.Y. – Twelve major banks have tentatively agreed to pay $1.87 billion to settle allegations that they colluded to fix prices and lock out competitors in the market for insurance-like products widely traded before the financial crisis, according to a lawyer for investors.
The deal, if finalized, would be one of the largest U.S. anti-trust settlements, said Daniel Brockett, a lawyer representing a Los Angeles pension fund among other plaintiffs. He said the final terms need to be hammered out, and a judge would still need to approve the deal.
Bank of America, JPMorgan Chase, Citigroup and other banks met secretly to kill proposals that would put the trading of these insurance-like products onto an exchange through which they could be bought and sold like stocks and their prices made more transparent, according to a complaint filed in U.S District Court in New York. In keeping trading private in a “rigged” market, the banks cheated investors out of billions of dollars, the complaint alleges…
The deal, if finalized, would be one of the largest U.S. anti-trust settlements, said Daniel Brockett, a lawyer representing a Los Angeles pension fund among other plaintiffs. He said the final terms need to be hammered out, and a judge would still need to approve the deal.
Bank of America, JPMorgan Chase, Citigroup and other banks met secretly to kill proposals that would put the trading of these insurance-like products onto an exchange through which they could be bought and sold like stocks and their prices made more transparent, according to a complaint filed in U.S District Court in New York. In keeping trading private in a “rigged” market, the banks cheated investors out of billions of dollars, the complaint alleges…
Socialist Jeremy Corbyn elected U.K. opposition Labour leader
– theglobeandmail.com/globe-investor/personal-finance/rob-carrick/
Karl Marx admirer triumphed on a message of promising to increase government investment though money-printing and renationalizing vast swathes of the economy.
Continue Reading On theglobeandmail.com/globe-investor/personal-finance/rob-carrick/ »
The ETF Volume You Can’t Hear
– CanadianCouchPotato.com
Most investors prefer using ETFs that are bought and sold frequently. Although thinly traded ETFs are not always less liquid, experienced investors will tell you that they do tend to have wider bid-ask spreads. A healthy trading volume also suggests there’s a lot of interest in the ETF, which makes it less likely to be shut down.You can get an idea of an ETF’s trading volume by looking at a quote from your discount brokerage or from free online services such as Google Finance. But you’re probably not getting the whole story: you may be surprised to learn that your ETFs are trading more often than you’ve been led to believe.
Here’s why: when you get a quote from these sources, chances are the data is coming only from the Toronto Stock Exchange. But although the TSX gets all the attention, it’s not the only ETF marketplace in Canada: there are several so-called alternative trading systems (ATS) that match buyers and sellers behind the scenes. These include Alpha, Chi-X, Omega, and many others—even some that aren’t named for a letter in the Greek alphabet…
