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Making sense of the markets this week: October 12 Oct 10th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
It’s October. Will stock markets get spooked again?
October is, historically, the most volatile month for U.S. stocks. In fact, it was kind enough to author two of the most .... More »
Will GIC rates keep going up in 2024? + MORE Dec 22nd
As Canadians are painfully aware, Canada’s inflation has stubbornly persisted above the Bank of Canada’s (BoC) target rate of 2%. In response, the BoC has repeatedly raised the benchmark interest rate—which sets the pace for banks’ prime rates—since early 2022. While no one can predict wit.... More »
Adopt a pet during the pandemic? You might need to budget more than you think Sep 1st
Adopting a cat or dog is a significant investment. Bowls, beds, leashes, crates, microchip tracking, nail trimmers, poop bags and litter boxes, flea or tick prevention, food, adoption fees, vaccinations, unplanned vet bills; the list goes on, Lesley-Anne Scorgie writes, so be financially prepared..... More »
The best GIC rates in Canada for 2024 + MORE Jun 21st
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The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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How to Make Your Office More Sustainable Feb 14th
If the walls of Avison Young’s new Edmonton headquarters could talk, they might want to brag about their new threads. To up its sustainability factor, the real estate firm has insulated its new office with recycled denim jeans—210 pairs to be exact, mechanically separated and formed into batts, .... More »
The Toronto Star building is shown in Toronto, Wednesday, June 8, 2016. THE CANADIAN PRESS/Eduardo LimaTORONTO – The owner of the Toronto Star and other media operations said on Wednesday it made provisions to cut 110 jobs in the first quarter after reporting another drop in revenue and continuing losses.
Torstar said it’s aiming for $5.3 million of annualized savings from the previously announced downsizing.
“Cost reduction will remain an important area of focus for us in the balance of 2017,” Torstar says in its first financial report since appointing John Boynton to be its CEO and publisher of the Toronto Star.
The Toronto-based newspaper and digital media company says it had a $24.4 million loss in the first quarter, ended March 31 – an improvement from last year when the comparable losses were more than twice as big.
The cost of salaries and benefits fell by about 16 per cent to $64.7 million, partly because of the closure of Torstar’s Vaughan, Ont., printing plant last summer and lower staffing costs associated with Star Touch – a tablet-only digital product…
How to protect your finances against real estate contagion
– theglobeandmail.com
It’s time to do a personal inventory to see how much of your net worth is tied to the housing market
Loblaw Companies Ltd. raised its dividend Wednesday as it reported its latest quarterly profit was up from a year ago.
Eye on Shorts: What bearish investors are betting against
– theglobeandmail.com
Short position highlights are provided by TSX Datalinx.
LSE tries to lure Saudi Aramco with new listing structure: sources
– theglobeandmail.com
Saudi Aramco’s IPO is expected to be the largest in history
