Canada's Economy

Private Equity's Dark Cloud?

Jarrett Renshaw of Reuters reports, Refiner goes belly-up after big payouts to Carlyle Group:Throughout 2016 and 2017, a rail terminal built to accept crude oil for the largest East Coast refinery often sat idle, with few trains showing up to unload.Although little oil flowed, plenty of money did.U ...

B.C. budget—housing plan anything but ‘comprehensive’

Author: Josef Filipowicz In today's budget, B.C. NDP Finance Minister Carole James said the government’s housing plan will be “comprehensive." Read more about B.C. budget—housing plan anything but ‘comprehensive’ Tags:  housing housing affordability social housing home price ...

Giving money to your grandchildren

Q: A senior couple would like to transfer shares in individual companies to five different grandchildren. All are under ten years old. Some are held through an advisor and some with a discount brokerage firm. What are the pros and the cons? Effect on capital gains? Can the shares be held as right ...

Canada’s stock market is the worst in the world right now

For years now, investor portfolios in Canada have been taking an undue amount of punishment from the oil and gas sector. So much so, that you’d figure it would grow tired of inflicting all that damage and start being nice again in 2018. Guess again. Canada’s stock market is being a real dog ag ...

Tech stock soars on creative cloud package

In the intense competition among tech stocks, this well-known company has enjoyed a strong growth spurt due to its Creative Cloud package. The company’s strong balance sheet supports high research spending, and a long-term influx of cash from the new U.S. tax reform will fund further growth. Curr ...

Market has you on edge? Sit tight with the ‘CATS’

(Flickr) The markets caught a bout of volatility in the last two weeks.  A sudden downdraft led to breathless headlines of impending doom followed by a bounce back. Overall, stocks have been on a long bull run since the U.S. market bottomed in 2009.  But the aging bull market comes with lofty v ...

Market has you on edge? Do what Warren Buffett does

Experienced investors can explore a ‘Climbing CATS’ strategy (Flickr) The markets caught a bout of volatility in the last two weeks.  A sudden downdraft led to breathless headlines of impending doom followed by a bounce back. Overall, stocks have been on a long bull run since the U.S. market ...

How to find stocks that are financially solid

A strong balance sheet helps good stocks measure up. (Flickr) What are we looking for? Canadian stocks that show strong balance sheet characteristics The screen  If you were given the offer to buy out a company, you likely wouldn’t accept without first doing research – or at least hopefully ...

How safe are my retirement savings if the bank fails

(Flickr) I am considering retiring early (at 55) and based on advice from my financial planner, I can rather easily do so, primarily based on our assets, lack of any debt, and my wife’s existing defined benefit pension plan.  He suggests converting my pension and RRSP holdings into a RRIF. My ...

How safe are my retirement savings if the bank fails?

(Flickr) Q: I am considering retiring early (at 55) and based on advice from my financial planner, I can rather easily do so, primarily based on our assets, lack of any debt, and my wife’s existing defined benefit pension plan. He suggests converting my pension and RRSP holdings into a RRIF. ...