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.

Latest News

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 »

Beyond bullion: Smarter ways for Canadians to invest in gold Oct 20th

Gold prices are flying. As of October 17, the spot price of gold is trading at $5,928 per ounce in Canadian dollars, or roughly $4,227 in U.S. dollars. The surge comes on the back of what Wall Street has dubbed “the debasement trade.” In simple terms, this refers to investors reacting to long-t.... More »

Canada’s home insurance under pressure as extreme weather costs rise Feb 19th

Canada’s home insurance safety net is starting to fray at the edges as the costs of extreme weather continue to rise. While competition is still healthy, and the country has so far avoided the coverage deserts growing in the United States, insurers are paring back policies in a variety of ways to .... More »

Mark Carney tells U.S. investors Canada 'can help make America great again' May 28th

The prime minister urged New York investors and the American administration to see Canada as a trusted ally and safe haven for investment..... More »

What’s my RRSP contribution limit? Dec 12th

Your RRSP contribution limit is the maximum amount you can add to your registered retirement savings plan each year without triggering penalties. It’s based on your unused RRSP deduction room plus 18% of your previous year’s earned income, up to the annual CRA limit. Use our RRSP contri.... 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

Featured RRSP Accounts

featured

EQ Bank

Build your retirement savings with 1.50% interest, tax-deferred contributions and zero fees.

go to site

featured

Registered GIC rate

Earn a guaranteed 3.00% in your RRSP when you lock in for 1 year.

go to site

Best RRSP rates

See our ranking of the best RRSP accounts and rates available in Canada.

read now

Why trust us
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…

Continue Reading On moneysense.ca »

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

Continue Reading On »

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…

Continue Reading On moneysense.ca »

Why not follow our RSS feed to keep in sync with the latest Canadian Investment news?

Share