Aerospace

5 Reasons to Switch to a Robo-Adviser

If the term robo-adviser conjures up images of C-3PO controlling your money, relax: we’re not robots. So, why are Canadians making the switch to a robo-adviser? We leverage technology to create a modern online experience for the benefit of our clients. “Robo-adviser” is a recent term, used to ...

Tech Talk for Monday July 15th

Pre-opening Comments for Monday July 15th 2019 U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. China announced second quarter GDP. Rate of growth on a year-over-year basis dropped to 6.2%, lowest rate of growth in 22 years. Boeing dropped ...

Bombardier’s slow train: quick fix won’t stop long-term problems

Timing hasn’t always been Bombardier Inc.’s strong suit when it comes to its rail transportation business. It’s developed a reputation of being chronically late delivering subway, streetcar and other passenger trains to justifiably cranky customers in Toronto, New York City and Switzerland. B ...

Best high-interest savings accounts in Canada

How to use this tool: You can simply scan the table below to view interest rates offered by financial institutions across Canada. Or, input your estimated account balance and compare between high-interest savings accounts (HISA), tax-free savings accounts (TFSA*), registered retirement savings plan ...

Canada Announces End of Customs Paper Reporting in 2020

On July 8, 2019, the Canada Border Services Agency (“CBSA”) issued Customs Notice 19-14 “Mandatory electronic export reporting for exporters” in which it announced paper reporting will end on June 30, 2020.  Canadian exporters will not longer be able to file Form B13A to report exports. As ...

Ontario, federal government trade blame for Bombardier layoffs

TORONTO—Ottawa and Ontario are ducking blame and pointing fingers as 550 workers at a Bombardier plant in Thunder Bay face layoffs. The layoffs, revealed on Tuesday, sparked a war of words between the federal and provincial governments on Wednesday. On the sidelines of the annual premiers’ conf ...

Tech Talk for Wednesday July 10th 2019

Pre-opening Comments for Wednesday July 10th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points in pre-opening trade. Investors are waiting for testimony before Congress by Federal Reserve chairman Jerome Powell at 10:00 AM EDT. The Canadian Dollar was virtually u ...

A Cool New Image for Old-Fashioned Debt

Will cutting-edge layaway plans be the salvation of the retail sector and the broader economy, or are they a disaster waiting to happen? The newest experiments in making it consumer payments easy is creative, but may not bring the long-term results that retailers hope to see. Sure, they are being ...

Sell Air Canada Quickly When This Happens

Much is made of airline on-time departure. This article from the Huffington Post revealed that Air Canada had twice the percentage of late departures as Russia's Aeroflot. Air Canada also dramatically underperforms many other competitors, including Alaska Airlines and Westjet. These three com ...

Merchandise Trade Balance Climbs to a Surplus Position In May

MERCHANDISE TRADE BALANCE CLIMBS TO A SURPLUS POSITION IN MAY   Ottawa, July 3, 2019—The Conference Board of Canada’s Senior Economist Doris Chu offers the following insights on the merchandise trade data for May:  “Canada’s merchandise trade sector turned in another positive ...