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Couche-Tard to swap U.S. convenience stores and gas stations with CrossAmerica + MORE Dec 17th
Alimentation Couche-Tard Inc. and CrossAmerica Partners LP have signed a deal to swap convenience and gas station assets in the United States..... More »
Shares in Cameco up after Kazakhstan plans uranium production cuts + MORE Dec 4th
TORONTO _ Shares of Canadian miner Cameco Corp. (TSX:CCO) soared in trading Monday after a rival uranium producer announced plans to cut production.
Kazakhstan’s state-owned Kazatomprom announced it plans to reduce uranium production by 20 per cent for three years, starting in January.
Kazakhs.... More »
Allegations Donald Trump was given millions by dad through tax dodges - 9news.com.au + MORE Oct 3rd
9news.com.auAllegations Donald Trump was given millions by dad through tax dodges9news.com.auUS President Donald Trump received at least USD$413 million ($576 million) from his father over the decades, much of that through dubious tax dodges, including outright fraud, according to a media report. Th.... More »
Oil prices rise above $100, North American stock market holds steady as U.S.-Iran tensions continue - CBC + MORE Apr 13th
Oil prices rise above $100, North American stock market holds steady as U.S.-Iran tensions continue CBCOil prices jump on US plans to blockade Iranian ports in Strait of Hormuz CNNPrice at the pump in Toronto could soon eclipse $2 a litre amid U.S threat to blockade Strait of H.... More »
ETF strategies to help Canadian investors combat a weak loonie + MORE Jan 29th
While recent moves from the Bank of Canada and the U.S. Federal Reserve primarily influence borrowing costs, they’ve also contributed to a sharp divergence in currency exchange rates. Specifically, the Canadian dollar has depreciated significantly against the U.S. dollar. When interest rates .... More »
From over-valued markets to rising interest rates, the signs are there that a come-down is due for equities.
(iStock)This week, Petronas finally announced that it would not proceed with its Pacific Northwest LNG project—part of a proposed $36 billion investment in B.C. natural gas production, processing and shipping. While the project had significant potential when first announced, and Petronas signalled continued commitment to it as recently as last year—after the Trudeau government finally approved the project—the market has been weakening since and it wasn’t a huge surprise that they announced a cancellation. In addition to market headwinds, the project faced significant opposition, it was seen as a potentially large source of GHG emissions, and the previous B.C. Liberal government had over-promised beyond what the project and others like it would have ever been able to deliver. After five years of regulatory process, with global gas prices having collapsed, Petronas decided it could better spend about $18 billion it had previously proposed to spend on the combined pipeline and LNG project…


