The recent Ipsos poll conducted on behalf of MNP Ltd. paints a worrisome picture of the financial health of Canadian households. With more than half of Canadians indicating that they are only $200 or less away from not being able to make ends meet, the implications for the economy are far-reaching. This article delves into…
Financial News
We cover selected Canadian financial news and provide commentary and analysis on financial newsworthy stories in general.
Forest fires are not only devastating natural disasters but also have far-reaching economic consequences. Canada, known for its vast forests, has been grappling with an increase in forest fires, particularly in BC and Quebec. This surge in forest fires has had a significant impact on lumber prices, creating a complex web of economic dynamics. In…
The Royal Canadian Mint is releasing a new $2 commemorative circulation coin on Wednesday, June 21, in honor of National Indigenous Peoples Day.
According to the Mint, this is the first time that three different artists have collaborated on a single reverse (tails) design for a Canadian circulation coin. Megan Currie from English River First…
The recent decision by the Bank of Canada to raise interest rates to 4.75% has left many Canadians perplexed, especially considering the challenges individuals face in making ends meet and the burden it imposes on mortgage holders nationwide. Here, we will provide insights into the factors that influenced the Bank of Canada's decision and we'll…
We will update this Best Stocks In Canada list as earnings release and as prices fluctuate. They may not reflect the latest price by the day, but we update it frequently.
(Updated Jan 31, 2023) Given the inflationary and rising interest rates environment we’re in, we think the best stocks in Canada right now are…
The Government of Canada has implemented a new law to help make homes more affordable for Canadians. The Prohibition on the Purchase of Residential Property by Non-Canadians Act was put in effect on January 1, 2023, and will prevent non-Canadians and corporations controlled by non-Canadians from purchasing residential property in Canada for a period of…
Constellation Software is a company that specializes in acquiring, managing, and building specialized software businesses. The company's business model is centered around acquiring niche software companies, helping them to grow and expand their operations, and then managing them as part of its portfolio. This allows Constellation Software to generate revenue from a diverse range of…
When you experience significant financial hardship, it can feel like your world is crashing down around you. You may be struggling to pay your bills, keep a roof over your head, or put food on the table. It can be a very stressful and overwhelming time.
There are some things that you can do to…
Elizabeth Holmes was sentenced to more than 11 years in jail earlier this week for fraud.
What actually played out in the Theranos situation and why is it bound to happen again? What are the commonalities between the Beyond Meat, Peloton and this Elizabeth Holmes fraud? The answer is: the “story stock”.
Here, the Silicon…
Elizabeth Holmes is an American entrepreneur and founder of Theranos, a now-defunct company that promised to revolutionize blood testing. She was indicted on multiple counts of fraud in 2018 and faced up to 20 years in prison if convicted. After multiple delays, today she was sentenced to 11 years and 3 months in prison.
Elizabeth…