Finance News – Canada
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Renting out your car or backyard to generate extra cash? What to know about insurance
Making personal property available for short-term rental can increase the likelihood of damage or loss, highlighting the importance of understanding insurance coverage to manage po...
Read Full Article →Short sales on the TSX: Bets continue to surge against a Canadian bank ETF
Investors increasingly place downward bets on a Canadian bank exchange-traded fund, reflecting growing caution and potential concerns about the sector’s near-term financial perform...
Read Full Article →Posthaste: Why more economists think the Bank of Canada is done cutting interest rates
Many experts now believe the central bank is unlikely to lower borrowing costs further, reflecting expectations that current monetary policy may remain stable to support economic c...
Read Full Article →REIT analysis and top picks from a Scotiabank analyst
A recent review by a market strategist highlights key real estate investment trusts, offering insights that could influence investment decisions within the property sector.
Read Full Article →U.S. economy shrank in 1st quarter, falling short of expectations
The decline in economic output during the first quarter highlights potential challenges for growth and may influence future fiscal and monetary policy decisions in response to trad...
Read Full Article →Thursday’s analyst upgrades and downgrades
Today's changes in analyst ratings provide important insights into potential market movements, reflecting updated evaluations of company performances and investment prospects.
Read Full Article →Before the Bell: What every Canadian investor needs to know today
Thursday morning's market developments provide important insights that could influence investment decisions and portfolio management strategies for Canadian investors seeking to na...
Read Full Article →Premarket: U.S. stock futures rise as chips gain on Micron results; GDP data ahead
U.S. stock futures show positive movement driven by semiconductor sector strength after Micron's earnings, while global markets remain uneven as investors await upcoming economic g...
Read Full Article →Thursday’s Insider Report: An $8-million investment in this consumer staples stock
A recent transaction involving a substantial eight-million-dollar commitment highlights growing investor confidence in a key company within the consumer staples sector.
Read Full Article →This self-taught dividend investor travelled early in retirement before caring for his wife
By living modestly and focusing on dividend income, Henry Mah was able to support extensive travels during early retirement while preparing for future caregiving responsibilities.
Read Full Article →Jobless rate to hit 7.3% as tariffs bite: Deloitte
Rising unemployment, influenced by increased trade restrictions, could slow economic growth and impact consumer spending, signaling potential challenges for businesses and overall...
Read Full Article →DHL Express Canada reaches tentative agreement with union
The resolution of labor negotiations between DHL Express Canada and its union is expected to stabilize operations, potentially minimizing financial disruptions and supporting the c...
Read Full Article →Eight precious metals producers to ride out uncertainty
Several precious metals companies, including Wesdome Gold Mines and K92 Mining, have experienced substantial year-to-date gains, significantly outperforming the broader market inde...
Read Full Article →Nvidia shares hit new record after analyst predicts ‘Golden Wave’ of AI adoption
Nvidia’s market value surpassed Microsoft’s, reaching $3.76 trillion, reflecting investor optimism about a substantial increase in artificial intelligence technology usage.
Read Full Article →Mortgage rates big banks advertise are higher than what most people can actually get
Although major Canadian banks often promote higher mortgage interest rates, many borrowers qualify for lower rates through negotiation or special offers, potentially reducing their...
Read Full Article →Market Factors: Top stock picks in two of the hottest sectors
Investing in leading companies within rapidly growing industries can offer substantial returns, highlighting the importance of strategic portfolio choices based on current economic...
Read Full Article →Bought gold bars from Costco in 2023? Here’s how much they're worth now
The value of gold purchased from Costco in 2023 has increased notably, with the current price for one ounce reaching $4,590.85 as of June 25, reflecting market fluctuations.
Read Full Article →Bank of Canada's inflation worries linger
The persistent concerns about rising prices in Canada highlight ongoing challenges for monetary policy and economic stability, potentially influencing interest rates and consumer s...
Read Full Article →Eight lessons learned in 27 years of covering personal finance and investing
Over nearly three decades of reporting, key insights have emerged that highlight ongoing financial challenges faced by individuals across different generations despite increased ac...
Read Full Article →Decathlon to shutter five GTA locations this summer
The closure of five stores in the Greater Toronto Area is expected to impact the company’s regional revenue streams and operational costs throughout the upcoming fiscal period.
Read Full Article →Enbridge says it would pitch new Alberta-B.C. pipeline only under right conditions
Enbridge indicated that pursuing a new pipeline project between Alberta and British Columbia depends on various market factors and regulatory approvals, highlighting the potential...
Read Full Article →JPMorgan sees tariff-induced U.S. ‘stagflationary’ slowdown in 2025
JPMorgan anticipates that increased tariffs may contribute to slower economic growth in the United States during 2025, with a notable chance of a downturn occurring in the latter p...
Read Full Article →From poverty to cancer, Robyn Thompson’s experiences have shaped her financial perspective
Robyn Thompson’s personal challenges and career changes have influenced her understanding of money management, leading her to shift focus from running a business to offering financ...
Read Full Article →BMO’s chief strategist restores TSX target to 28,500
BMO’s chief strategist has revised the expected level for the TSX, indicating potential market growth and influencing investment decisions based on updated economic forecasts and a...
Read Full Article →Posthaste: Canada is in for a rough couple of quarters, say economists
Economists forecast a brief economic downturn in Canada, with unemployment rising to approximately 7.3%, before a gradual recovery strengthens financial conditions in the following...
Read Full Article →B.C. pension giant taps uncertainty in market to ink 45 deals in six months
The pension fund capitalized on market volatility to complete numerous transactions, while reducing its exposure to U.S. assets and achieving a 10% return that fell short of its ta...
Read Full Article →Wednesday’s analyst upgrades and downgrades
Several notable changes in analyst ratings on Wednesday influenced investor sentiment and may impact stock valuations and trading activity in the financial markets.
Read Full Article →FedEx shares slide as trade turbulence hits demand, profit forecast
FedEx faces financial challenges as increased tariffs and policy changes regarding imports from China contribute to reduced demand and a lowered earnings outlook.
Read Full Article →Ontario and Quebec economies to be hardest hit this year by trade war: Deloitte
Economic challenges from increased tariffs are expected to disproportionately affect Ontario and Quebec, whereas provinces with strong energy sectors are likely to experience more...
Read Full Article →Premarket: Stocks edge up, U.S. dollar steady as ceasefire buoys confidence
Rising investor optimism ahead of the opening suggests potential gains in equity markets, while currency values remain stable, reflecting a cautious but positive financial outlook...
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