All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Key measure of Canadian household debt little changed in first quarter + MORE Jun 14th
OTTAWA – Statistics Canada says the ratio of household credit market debt to disposable income edged down in the first quarter.
The agency says the ratio was 165.3 per cent for the first three months of 2016, down from 165.4 per cent in the fourth quarter of last year.
That means households he.... More »
What happens to an RESP when you die + MORE Nov 15th
Q: I am the account subscriber for an RESP for a child to whom I am not related by blood. I have been told by the financial institution that the only way to name the child’s father as the subscriber upon my death is through my will, which would be subject to probate. Is that correct? I would hav.... More »
The best GIC rates in Canada for 2024 + MORE Jun 3rd
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare now
Why trust us
MoneySense is an award-winning magazine,.... More »
'Bridge to nowhere' shows China's failed economic effort to engage North Korea - The Japan Times Sep 18th
The Japan Times'Bridge to nowhere' shows China's failed economic effort to engage North KoreaThe Japan TimesDANDONG, CHINA – Towering above the murky waters, the New Yalu River Bridge was supposed to symbolize a new era in relations between China and North Korea, helping bring inves.... More »
AFN head RoseAnne Archibald calls her suspension unlawful - The Globe and Mail + MORE Jul 6th
AFN head RoseAnne Archibald calls her suspension unlawful The Globe and MailFirst Nations leaders vote against Assembly of First Nations national chief's suspension CBC NewsAFN Chief brings corruption claims to annual gathering CTV NewsAssembly of First Nations meets.... More »
Housing boom a boon for Canada’s poorest
– moneysense.ca
Finally, some encouraging news for the little guy: while the latest StatsCan data shows the income gap between Canada’s poorest and richest widened slightly between 1999 and 2012, lower-income families benefited more from the housing boom. During that period, real estate’s share of total wealth rose to 57% from 46% for households in the bottom 20% income bracket, compared with just a six percentage point rise to 40% for those in the highest-earning quintile.
Sources: Changes in wealth across the income distribution, 1999 to 2012, Statistics Canada; Canada’s Wealth Distribution Barely Moves, Moody’s Analytics Research, Adam Goldin.
.cb-in-article-promo-slot {font-family:Arial,Helvetica,sans-serif;padding:1em;background:#eee;margin:1.8em 0;} a .cb-in-article-promo-slot {color:#444;}
Download NextIssue today to get MoneySense on your tablet—along with Bloomberg, Fast Company, Maclean’s and 100+ more of the world’s best magazines—all for one low price! Start your 30-day free trial right now!
The post Housing boom a boon for Canada’s poorest appeared first on MoneySense.
How the Dow Jones industrial average and other major indexes fared on Thursday
– canadianbusiness.com
Stocks ended mostly lower after a volatile day as traders tried to figure out what was next for U.S. interest rates. The bumpy trading came after the Federal Reserve decided to keep interest rates low for now, citing weakness in the global economy and unsettled financial markets.
On Thursday:
The Dow Jones industrial average lost 65.21 points, or 0.4 per cent, to 16,674.74.
The Standard & Poor’s 500 index fell 5.11 points, or 0.3 per cent, to close at 1,990.20.
The Nasdaq composite rose 4.71 points, or 0.1 per cent, to 4,893.95.
For the week:
The Dow is up 241.65 points, or 1.5 per cent.
The S&P 500 index is up 29.15 points, or 1.5 per cent.
The Nasdaq is up 71.61 points, or 1.5 per cent.
For the year:
The Dow is down 1,148.33 points, or 6.4 per cent.
The S&P 500 index is down 68.70 points, or 3.3 per cent.
The Nasdaq is up 157.89 points, or 3.3 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Thursday appeared first on Canadian Business – Your Source For Business News.
On Thursday:
The Dow Jones industrial average lost 65.21 points, or 0.4 per cent, to 16,674.74.
The Standard & Poor’s 500 index fell 5.11 points, or 0.3 per cent, to close at 1,990.20.
The Nasdaq composite rose 4.71 points, or 0.1 per cent, to 4,893.95.
For the week:
The Dow is up 241.65 points, or 1.5 per cent.
The S&P 500 index is up 29.15 points, or 1.5 per cent.
The Nasdaq is up 71.61 points, or 1.5 per cent.
For the year:
The Dow is down 1,148.33 points, or 6.4 per cent.
The S&P 500 index is down 68.70 points, or 3.3 per cent.
The Nasdaq is up 157.89 points, or 3.3 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Thursday appeared first on Canadian Business – Your Source For Business News.
Cineplex buys into future of eSports, forming competitive video-game league
– theglobeandmail.com
Cineplex will pay $10-million to acquire the assets of WorldGaming
The Globe and MailThe close: TSX ends higher after Fed holds interest ratesThe Globe and MailCanada's main stock index rose on Thursday after the Federal Reserve left interest rates unchanged over concerns about the global economy and a recent spike in market volatility. Gains among energy producers and health-care stocks led advances.TSX up, loonie down, NY markets mixed after US Fed decisionCTV NewsTSX climbs after Fed keeps interest rates steadyReuters CanadaPositive Finish for TSXBaystreet.caall 215 news articles »
TSX higher as Fed keeps U.S. rates steady
– thestar.com
The TSX closed higher and American markets retreated after the U.S. Federal Reserve decided to stand pat on interest rates.
