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
Banning Huawei from building new 5G wireless network won't really hurt Canada's big telecom firms Dec 19th
If the federal government moves to ban Huawei from Canada's 5G network, it is unlikely to have a major financial impact on two of the country's top communication companies who have partnered with the China-based firm, analysts say..... More »
How to have the most tax-efficient retirement income plan Mar 22nd
Ask MoneySense
I am 59 years old, semi-retired and live in Ontario. I have $302,000 in my non-registered investment account (mostly Canadian equities), $133,000 in my TFSA (in equities), and $287,000 in my RRSP (in equities). I have three non-registered GICs, in 1-, 2- and 3-year terms, all earning .... More »
Economy grew by 0.4% in February as oil sector expanded while real estate shrank May 1st
Canada's gross domestic product grew by 0.4 per cent in February, as 15 of 20 sectors expanded, led by a rebound in oil and gas..... More »
Japan says economy contracted 7.1 per cent in April-June on bigger drop in business investment + MORE Sep 8th
TOKYO – Japan’s economy contracted at a larger than earlier estimated annual rate of 7.1 per cent in April-June, the government said Monday.
Revised data showed business investment fell more than twice as much as estimated before, or 5.1 per cent, while private residential spending sank .... More »
Canada’s Top 10 highest-yielding dividend stocks for 2015 + MORE Jul 10th
Energy-exposed stocks like Inter Pipeline were hammered by the drop in oil prices. (Peter Hendrie/Getty)
Woof! That pretty much sums up how the Dogs of the TSX performed last year. This simple stock-picking strategy delivers impressive returns most years, but 2014 wasn’t one of them. Last.... More »
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
Fairfax investment gains, underwriting improvement power big jump in Q1 profit
– canadianbusiness.com
TORONTO – Fairfax Financial Holdings Ltd. (TSX:FFH) has reported a big increase in net earnings in the first quarter, reflecting what it says were both realized and unrealized gains on its investment portfolio and improved underwriting results. The Toronto-based property and casualty insurer said net income was US$784.6 million or $35.72 per diluted share in the three months ended March 31. That compared with net earnings of US$161.6 million or $7.12 per diluted share in the year earlier period.
The post Fairfax investment gains, underwriting improvement power big jump in Q1 profit appeared first on Canadian Business.
The post Fairfax investment gains, underwriting improvement power big jump in Q1 profit appeared first on Canadian Business.
Too much success: Maria Tucker now
– moneysense.ca
Illustrations by Amedeo De PalmaMaria Tucker, Toronto
Then: February/March 2004
&
Now…
Ten years ago Maria Tucker was a 42-year-old marketing executive, earning a six-figure salary in Toronto. She was a single mom just a year away from paying off the mortgage on her townhouse. And because of her good saving habits, she’d tucked away $91,000 into her RRSP. But even though Maria was a huge success at both her job and her finances, she’d grown tired of work-related stress and labouring away at 70-hour workweeks. She wanted to kick back, take a few photography and cooking courses and spend more time with her daughter Christina, then 13. “I feel like the world is whipping by and I’m stuck in a corporate wind tunnel,” she told MoneySense back in 2004.
Being no stranger to hard work, Maria was willing to take part-time jobs—even tending bar or bagging groceries—to finance her escape from corporate life. Still, she didn’t want to endanger Christina’s university education or the quality of their life together…
U.S. energy investment banking firm opens Calgary office
– theglobeandmail.com
Houston-based Tudor, Pickering, Holt & Co. aims to be world’s top energy financial service firm
Reversal of fortune: Margaret and Ben Francis now
– moneysense.ca
Illustrations by Amedeo De PalmaMargaret & Ben Francis, Montreal
Then: November 2003
&
Now…
Margaret and Ben Francis were living large when we first met them in 2003. The Montreal couple earned a high combined yearly income of $240,000 and had no kids. But then came a job loss for Margaret, as well as some sour investments for the couple. Their new sense of vulnerability was causing them to rethink their finances, as neither had a company pension to fall back on and losses in their RRSPs threatened to capsize their retirement plans. “It’s time to get humble,” said Margaret, 44, who oversaw the couple’s investments. “I was good at my job but maybe not good at managing RRSP money.” Worse, when two of their stocks—Bombardier and Nortel—began sliding precipitously, they never got a call from their stockbroker. “Because of that, we’ve lost quite a bit of money,” said Ben, 55, at the time.
The couple wondered whether a more frugal existence was the only way to achieve their goal of retiring in five years…
