“It was a bloodbath!” – Oil drags down the TSX in a big way

Canada’s main stock index slumped on Wednesday to its lowest close in six months as energy stocks were hit by a sharp retreat in the price of oil and loyalty program company Aimia fell sharply after suspending its dividend payments. The energy group fell 3.9 percent as oil prices moved lower by a similar degree, hit by an unexpected large buildup in gasoline inventories and an international outlook that suggests…

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Why it’s Time for Canada’s Financial Industry to Put the Customer First

Why it's Time for Canada's Financial Industry to Put the Customer FirstScrutiny of the financial industry has been on the rise in recent months, fuelled in part by CBC News reports alleging unscrupulous practices at Canada’s big banks. The CBC’s findings may not have been surprising to insiders, who have been witness to the industry’s indiscretions for years. What is surprising is the government’s continued hesitation to force advisers to do what is right — to act in clients’ and customers’…

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High-Flying Stock Markets Are Nothing To Be Afraid Of

High-Flying Stock Markets Are Nothing To Be Afraid OfThe last eight years or so have given us what must be the strangest stock market bull run in history. I wrote five years ago that this is the bull market that nobody loves, and investors find it just as difficult to embrace today. Wall Street, London and other major global stock markets are nudging all-time highs, but investors continue to remain sceptical. Are they right to be afraid?  …

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2 Top Stocks to Buy With Dividends Yielding 4-8%

2 Top Stocks to Buy With Dividends Yielding 4-8%Dividend stocks are the foundation of great portfolios, because as history has shown, they far outperform non-dividend-paying stocks over the long term. With this in mind, let’s take a closer look at two high-quality dividend stocks that you could buy today and hold for decades. Pattern Energy Group Inc. Pattern Energy Group Inc. (TSX:PEG)(NASDAQ:PEGI) is one of the world’s largest independent producers of wind power…

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