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Ontario Securities Commission chair and CEO Maureen Jensen to step down

The Ontario Securities Commission says Maureen Jensen will resign as chair and chief executive of the provincial regulator, effective April 15. The first woman to be named chair and CEO of the commission, Jensen was appointed in 2016 and reappointed...

Quebec can develop its economy and fight climate change, Legault says

QUEBEC — Don’t ask Premier François Legault to choose which climate change vision he believes in — the one backed by Greta Thunberg’s or that of U.S. President Donald Trump? He’d rather not take sides. Moments before taking a flight Tuesday...

Tesla crosses $100 bln stock market valuation in extended trading

Tesla Inc became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes less than a month after Tesla’s stock crossed $420, the...

Materials sector helps lift stocks in Toronto, loonie edges up against U.S.

TORONTO — The materials sector helped Canada’s main stock index march higher into record territory in late-morning trading. The S&P/TSX composite index was up 39.42 points at 17,598.44 U.S. stock markets are closed due to the Martin Luther King Jr. holiday. The...

Cash-strapped rural Alberta ‘can’t wring money’ from struggling oil and gas firms, premier says

Premier Jason Kenney urged rural municipalities to work with the province to help struggling oil and gas companies Tuesday, adding they can't get "money from a stone." He made the comments following a survey that said the oil and gas sector owes $173 million in unpaid...

Severe weather in Canada cost $1.3 billion in insured damages in 2019: IBC – National

Severe weather in Canada — rain, snow, flooding and windstorms — cost $1.3 billion in insured damages last year. The costs, according to the Insurance Bureau of Canada, made 2019 the seventh most costly year on record. But unlike other high-ranking...

How To Invest Like a Professional

You work hard and understand how important an investment portfolio is to your financial well-being. However, simply owning an investment portfolio isn’t enough. The unfortunate truth is that most Canadians receive financial advice from commissioned salespeople that are paid to...

Bank of Canada holds interest rate at 1.75%

Just as the global outlook brightens, Canadian households have gone wobbly, forcing the Bank of Canada to reassess its outlook. The trade wars haven’t calmed enough to offset the loss of the Canada’s primary economic engine for the past decade....

Netflix snags 125,000 new Canadian subscribers as streaming competition heats up

Netflix recruited more Canadian subscribers in the final months of last year as it responded to an onslaught of new competition from Apple TV Plus and Disney Plus with an array of buzzworthy TV series and Oscar-calibre movies. The global...

S&P 500, Nasdaq on track for record closing highs

NEW YORK — Wall Street rebounded on Wednesday as a healthy forecast from IBM enticed buyers back to the equity market while investors kept a wary eye on the developing coronavirus outbreak. Tech shares led all three major U.S. stock...
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The Truth About Debt in Canada

This is an advertorial and may contain links to other websites. Uncontrollable debt is a problem faced by a large...
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The Best Visa Credit Cards in Canada for 2020

When it comes to credit card processors in Canada, Visa is a top player. Everyone recognizes the name, and for the most part, Visa...

The Best Business Savings Account Rates in Canada – savvynewCanadians

Which Canadian bank is best for small business savings accounts? I recently went searching for a savings account in Canada that paid a decent interest...

How carbon pricing works across the country

As of Jan. 1, every Canadian and all Canadian businesses are paying a price on carbon. The federal Greenhouse Gas Pollution Pricing Act means provinces...

Bank of Canada among central banks studying use of digital currencies

Major central banks have joined together to explore whether they should issue cryptocurrencies as the use of cash declines and more people turn to...