How to go about securing the best return for your investment in Canada.
Latest News
How to know if a secondary suite or basement apartment is legal—and a worthwhile investment + MORE Sep 30th
If you’re buying a property right now, chances are you’ve come across more than a few homes that advertise income potential—thanks to a secondary suite or basement apartment.
Beyond the practical reasons for wanting a secondary suite, such as having a senior-age parent move in, two-un.... More »
Can Copy Trading Help to Grow Your Wealth? + MORE Jan 18th
Copy trading is the next big thing in the
financial markets. The feature doesn’t just let you see how other, more
experienced traders manage their portfolios, but copy their moves and
investment decisions directly. It all happens in real-time and allows you to
earn a gross return on your investmen.... More »
MONEY.CA – Money Magazine and Money Media May 2nd
MONEY.CA is highly ranked on yahoo google bing and youtube and is popular with social media, Canadian financial consumers and is a favorite of The Advisor Channel. MONEY represents Canadian money at the highest level. MONEY online is the destination place for the average Canadian who needs to make,.... More »
This 29-year-old consultant makes $84,500, has $10,000 in student debt and plans to buy a multi-unit property to live in and rent out. Does he have enough money? Jun 22nd
“I’d like to start building out my real estate portfolio and bring in rental income while we live in a unit,” Adam says. He is writing to the Millennial Money financial coach to see how he can start..... More »
How to become a digital nomad—and not go broke Jun 28th
A silver lining of the pandemic is that work has become more flexible than ever—leading more Canadians to take “workations” or relocate to other countries for weeks or months at a time. It’s more than just a change of scenery. Planned carefully, working abroad can mean seeing the world affor.... More »
The TSX's biggest gainers of the past nine years will probably surprise you
– theglobeandmail.com
It was exactly nine years ago that the stock market crash ended. Here are the best and worst performers since then
Broad rally helps boost Toronto stock market, loonie loses ground
– canadianbusiness.com
TORONTO – A broad-based rally led by mining companies helped give Canada’s main stock index a boost as the loonie fell nearly half a cent.
The S&P/TSX composite index was up 42.35 points to 15,647.14, with strong gains coming from the materials, gold and base metals sectors.
The Canadian dollar closed at an average trading value of 77.45 cents US, down 0.49 of a U.S. cent.
In New York, the Dow Jones industrial average was down 171.58 points to 25,007.03. The S&P 500 index was down 17.71 points to 2,765.31 and the Nasdaq composite index was down 77.31 points to 7,511.01.
The April crude contract was down 65 cents to US$60.71 per barrel and the April natural gas contract was up one cent at US$2.79 per mmBTU.
The April gold contract was up US$6.30 to US$1,327.10 an ounce and the May copper contract was up one cent to US$3.14 a pound.
The post Broad rally helps boost Toronto stock market, loonie loses ground appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index was up 42.35 points to 15,647.14, with strong gains coming from the materials, gold and base metals sectors.
The Canadian dollar closed at an average trading value of 77.45 cents US, down 0.49 of a U.S. cent.
In New York, the Dow Jones industrial average was down 171.58 points to 25,007.03. The S&P 500 index was down 17.71 points to 2,765.31 and the Nasdaq composite index was down 77.31 points to 7,511.01.
The April crude contract was down 65 cents to US$60.71 per barrel and the April natural gas contract was up one cent at US$2.79 per mmBTU.
The April gold contract was up US$6.30 to US$1,327.10 an ounce and the May copper contract was up one cent to US$3.14 a pound.
The post Broad rally helps boost Toronto stock market, loonie loses ground appeared first on Canadian Business – Your Source For Business News.
Feds’ unheralded $102B rainy day fund kept for the improbable, like cyberattacks
– canadianbusiness.com
OTTAWA _ The federal government committed hundreds of millions of dollars in its recent budget to help reinforce Canada’s cyber defences _ but if the effort fails to prevent a major attack, Ottawa can always turn to its little-known $102-billion emergency stash.
The rainy day fund of highly liquid assets is available to keep the government running for at least a month should the country ever find itself confronted by a severe crisis, such as a cyberattack that impairs access to financial markets.
The assets are held in what the government calls its “prudential liquidity plan,” part of which can be compared to a chequing account that offers Ottawa quick access to the funds, if necessary.
A recently released briefing note for Finance Minister Bill Morneau explained details about the unheralded plan.
“Canada holds liquidity reserves as a hedge against highly unlikely but potentially disruptive stress events,” said the August 2017 memo, obtained by The Canadian Press via the Access to Information Act…
The rainy day fund of highly liquid assets is available to keep the government running for at least a month should the country ever find itself confronted by a severe crisis, such as a cyberattack that impairs access to financial markets.
The assets are held in what the government calls its “prudential liquidity plan,” part of which can be compared to a chequing account that offers Ottawa quick access to the funds, if necessary.
A recently released briefing note for Finance Minister Bill Morneau explained details about the unheralded plan.
“Canada holds liquidity reserves as a hedge against highly unlikely but potentially disruptive stress events,” said the August 2017 memo, obtained by The Canadian Press via the Access to Information Act…
What Happened to the Common Man?
– online.wsj.com
Hillary Clinton seems to suggest political representation should be tied to wealth.Why the Choice-CREIT deal is likely to be a long-term winner for investors
– theglobeandmail.com
Here’s why I’ll happily exchange the Canadian Real Estate Investment Trust units in my model portfolio for units of a bigger and better Choice Properties REIT
