Real Estate

Tech Talk for Tuesday January 28th 2020

Pre-opening Comments for Tuesday January 28th U.S. equity index futures were higher this morning. S&P 500 futures were up 21 points in pre-opening trade. Index futures were virtually unchanged following release of December Durable Goods Orders at 8:30 AM EST. Consensus was an increase of 0.3% versu ...

Tech Talk for Monday January 27th 2020

Pre-opening Comments for Monday January 27th U.S. equity index futures were sharply lower this morning. S&P 500 futures were down 48 points in pre-opening trade. Index futures responded to intensified worries that the coronavirus will spread. Gold responded to coronavirus fears by gaining $9.80 to ...

Investing in a world like this

  By Guest Blogger Sinan Terzioglu . Like millions of others I’m a big fan of Warren Buffett.  One of his most famous sayings is “Rule number 1: Never lose money.  Rule number 2: Never forget rule number 1.”  I think about these rules often. Most investors should not hold individual se ...

I’m out.

In the course of healing the nation this week, a certain pathetic blog made some recommendations about our house lust. For example, there would be less of it, and far more attractive, affordable, long-term rental units, if we stopped giving people a 100% tax break on real estate profits. This is t ...

Dr. Garth

Now that we’ve solved the nation’s woes and the week’s not yet over, there’s t to vex about your personal financial, emotional and marital ailments. After all, this is a full-service blog. Seven pathetic episodes a week. Never a snow day. Open 24/7. Just like a homeless shelter on Yonge or ...

What’s my RRSP contribution limit for 2020?

If you’re like many Canadians, you’re hoping you’ve paid enough tax in 2019 and may even be looking forward to a hefty tax refund. You can help ensure that happens by knowing the details of your Registered Retirement Savings Plan (RRSP), what sets them apart, your contribution limit and a who ...

CMHC’s Siddall Won’t Seek Another Term

One of Canada’s most vocal advocates for stricter mortgage rules has announced he will be stepping down at the end of this year. Evan Siddall, who served as President and CEO of the Canada Mortgage and Housing Corporation (CMHC) since 2014, won’t be seeking another term once his ends, according ...

January 22, 2020

Today was the Bank of Canada rate announcement: The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The global economy is showing signs of stabilization, and some recent trade develop ...

Market Update: See How a Strong 2019 Performance Impacted Your Portfolio

US and Canadian stock indices closed the year with double digit returns in 2019 as global equities had their best year in a decade. Here’s how this and other market trends affected your portfolio: Performance* ETF Portfolios December performance 1-Year performance ETF Safety Portfolio 0.31 ...

The way out?

So if half the people on your street are within $200 a month of insolvency, they must be morons, right? Nah. Of course not. They’ve just made bad choices. They have kids, cell phones, cars, houses, Netflix and jobs. They’re getting by. Taking vacations. Going to the mall. Timmies. Hockey. Livi ...