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High interest rates and unemployment: Expectations for June’s rate announcement + MORE May 10th
The odds of a June interest rate cut from the Bank of Canada (BoC) appear to have fallen after the latest jobs report from Statistics Canada showed employment jumped by 90,000 last month. The jobs gain far surpassed forecasters’ expectations and marked the largest employment increase in more than .... More »
Why filing your taxes is the first financial step that actually matters + MORE Apr 24th
For most of my adult life, I had never paid personal income tax—not because I was avoiding it, but because I lived and worked in the Middle East, where that’s simply not part of the system. When we started planning our move to Canada, the idea of paying taxes was, if I’m being honest, intimida.... More »
Trump raises US tariffs on South Korea imports to 25% - BBC + MORE Jan 27th
Trump raises US tariffs on South Korea imports to 25% BBCTrump says he will impose new tariffs on South Korea as he criticises delays in trade deal The GuardianAsian shares track Wall Street gains as gold edges lower halifax.citynews.caPremarket: World stocks at reco.... More »
Stock news for investors: Q4 results from Manulife, Sun Life, Air Canada, and more Feb 13th
Here’s a round-up of news for Canadian investors this week.
Manulife
Sun Life
Cineplex
Air Canada
Brookfield Corp.
Fortis
Featured RRSP Accounts
featured
EQ Bank
Build.... More »
How retirees should respond to the Iran crisis + MORE Mar 26th
Cynics have rechristened America’s attack on Iran as Operation Epstein Fury, suggesting the main reason for Operation Epic Fury (as the Trump Administration originally called it) was to distract from the Epstein Files and the president’s one million mentions therein. Whether that cynicism is ju.... More »
The life and times of an original “bankster”
– moneysense.ca
Growing up in Guelph, Ont., in the 1870s, Arthur Cutten was a whiz with numbers and a shark at marbles, routinely capturing the most coveted orbs (“glassies,” if you’re curious) from his less-skilled classmates. That competitive spirit served him well years later, when 19-year-old Cutten—eager to distance himself from legal troubles his banker father had brought upon the family—set out for Chicago with $90 in his pocket.
It was in the Windy City that Cutten became a highly influential stock and commodities speculator, first revered for his prowess and then loathed for … well, you’ll have to read Robert Stephens’ fascinating new biography to find out. To Make a Killing: Arthur Cutten, the Man Who Ruled the Markets details Cutten’s path to immense wealth and notoriety, starting with his early days working the Chicago Board of Trade’s famous “wheat pit” and ending with all the makings of a true-crime drama: murder, mobsters and (maybe) hidden treasure. We share an excerpt below…
