Stock news for investors: Cenovus boosts MEG Energy stake to 9.8% + MORE Oct 17th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.

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Oil prices rise above $100, North American stock market holds steady as U.S.-Iran tensions continue - CBC + MORE Apr 13th

Oil prices rise above $100, North American stock market holds steady as U.S.-Iran tensions continue CBCOil prices jump on US plans to blockade Iranian ports in Strait of Hormuz CNNPrice at the pump in Toronto could soon eclipse $2 a litre amid U.S threat to blockade Strait of H.... More »

Disney to Invest $1 Billion in OpenAI and License Characters for Use in ChatGPT, Sora - The Wall Street Journal Dec 11th

Disney to Invest $1 Billion in OpenAI and License Characters for Use in ChatGPT, Sora The Wall Street JournalThe Walt Disney Company and OpenAI reach landmark agreement to bring beloved characters from across Disney’s brands to Sora OpenAIDisney wants you to AI-generate yours.... More »

Why Investing in Professional Plumbing Repair Saves You Money in the Long Run + MORE Nov 21st

Dealing with plumbing issues is a dreaded scenario for many homeowners, with the temptation to fix problems through DIY methods often leading to more trouble than anticipated. While it may seem cost-effective to handle repairs on your own, there are several long-term financial benefits to employing .... More »

A practical guide to investing at every life stage Feb 3rd

Investing is a long journey, not a single decision. So, when planning out your investment strategies, it helps to consider where you’re at in your life and retirement timeline. As your financial needs change from early career to mid-life to pre-retirement to retirement itself, so, too, should t.... More »

Why 2026 could be a year to rent, not buy + MORE Jan 28th

The “new year’s special” advertising a two-bedroom unit at a midtown Toronto highrise might be what draws you in when searching for your next home—an offer for up to three months of free rent, plus a $500 “move-in bonus.” Or perhaps a year of complementary internet, on top of two mon.... More »

Stock news for investors: Cenovus boosts MEG Energy stake to 9.8%

– moneysense.ca

Here’s a round-up of news for Canadian investors this week.

Cenovus-MEG Energy

Parkland-Sunoco

Cineplex

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada…

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UK stock market hit by nerves over US banks – BBC

– news.google.ca

UK stock market hit by nerves over US banks BBCGlobal bank stocks waver as investors fear credit risks in U.S. regional banks CBCAsian shares retreat after worries over bank lending pull Wall St lower CityNews HalifaxWall Street steadies after its slide as banks recover some of their losses BNN BloombergStocks Rise as Trump Reassures on China, Regional Banks Report Bloomberg.com

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Stablecoins may offer a faster, cheaper way to send money overseas

– moneysense.ca

Canadians send billions of dollars abroad every year, and pay hundreds of millions of dollars for the privilege. While the growing number of options to send money has helped push fees down, it still on average costs about 6%, or $12, to send a typical $200 remittance from Canada, according to the World Bank. Meanwhile, the volume of remittances from Canada has soared to top $18 billion last year, up from a little over $7 billion a decade ago, meaning even more money is being swallowed up by fees.

Stablecoins promise fast, low-cost international transfers

Stablecoin advocates, however, think they can help. “You can quickly send money anywhere in the world for less than a penny,” said Didier Lavallee, chief executive of digital asset company Tetra Trust Co., on the promise of so-called stablecoins.

Unlike often-volatile cryptocurrencies, whose prices are based on speculation, stablecoin issuers hold assets (mostly U.S. treasuries) to back up their value, making them a much more reliable way to hold, and send, funds…

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