Canadian Investment Advice and Financial News
It’s been nearly a decade since I started speaking to fund managers on a regular basis. While each conversation is about something different—a sector to invest in, a stock to explore, an economic issue to pay attention to—one comment has come up time and time again: “Markets hate uncertainty.” It’s an idea that has, in […]
To no one’s surprise, Bank of Canada (BoC) raised the interest rate from 0.25% to 1.5%. This is par for the course since the Canadian economy has been expanding for some time. They also predict the economy will continue growing through 2020. The interest spike is also a way for the Bank to combat the […]
Here’s a rundown of Doug Ford and the PC Ontario’s campaign promises around work and taxes, hydro, healthcare, tuition and child care you should be aware of: Work and taxes Progressive Conservative Party of Ontario Ford, who has pledged to scrap the Liberals’ planned minimum wage hike from $14 to $15 next year, would introduce […]
On June 28 the TSX/S&P composite index was down a disappointing 51 points. Meanwhile, the major US indexes began the day in the negative, but bounced back just before the close of day. For the most part this anxiety stems from tensions with trade talks among Western allies, China, and the US still uncertain to […]