News: Money

Bitcoin more akin to gambling than investing:Poloz

Saturday  17:27,   16 december 2017
MSN

Bank of Canada governor Stephen Poloz is sounding the alarm on Bitcoin, calling the purchase of the cryptocurrency "closer to gambling than[...]

Phoenix pay system leaves N.S. worker struggling to pay bills

Saturday  17:27,   16 december 2017
cbc.ca

Unpaid bills and stress are building up for Brian Wilson, a corrections worker in Truro, N.S., who hasn’t been paid in a[...]

2 Canadian Dividend Stocks to Start Your TFSA Retirement Fund in 2018

Saturday  17:26,   16 december 2017
The Motley Fool

Fortis Inc. (TSX:FTS)(NYSE:FTS) and another stock are two of Canada's top dividend[...]

Is rent control making Toronto’s vacancy squeeze worse?

Saturday  17:21,   16 december 2017
Toronto Star

If developers were allowed to add 10 floors to every building proposal this year, there would be thousands of new rental units on the market in a short time, says Joseph Feldman, director of development for Camrost Felcorp. [...]

BCE Inc. or Canadian National Railway Company for Your Retirement Fund?

Friday  16:10,   15 december 2017
The Motley Fool

BCE Inc. (TSX:BCE)(NYSE:BCE) and Canadian National Railway Company (TSX:CNR)(NYSE:CNI) are two of Canada's top companies. Is one a better bet today?In fact, many people would prefer to simply buy a few quality names and simply forget about them[...]

Higher rates could spell comeback for 5-year mortgages

Friday  16:10,   15 december 2017
MoneySense

Rates are rising with a flood of mortgage renewals coming up. Time to lock in?Time to get ready for a return of the popularity of the five-year mortgage? Twenty years ago, in the mid-1990s —conventional wisdom still held where most home buyers and[...]

Debt-to-household-income ratio rises in Q3

Friday  16:07,   15 december 2017
MSN

OTTAWA - The amount Canadians owe relative to their income hit a new high in the third quarter. Statistics Canada said Thursday that household credit market debt as a proportion of household disposable income increased to 171.1 per cent, up from[...]

100 years of Canadian income taxes

Friday  16:06,   15 december 2017
Toronto Star

Canada’s top corporations often pay far less than the official average corporate tax[...]

Bank of Canada increasingly sure economy will need less stimulus

Friday  16:06,   15 december 2017
Reuters

The Bank of Canada is growing increasingly confident that the economy will need less stimulus over time, Governor Stephen Poloz said on Thursday, adding that the economy is in a sweet spot after making "tremendous" progress over the last[...]

Why I wouldn’t touch $10,000 Bitcoin with a bargepole

Friday  16:06,   15 december 2017
The Motley Fool

Bitcoin has hit $10,000 today. It's risen 1,270% over the last year, but Edward Sheldon believes the cryptocurrency is in a[...]

2 Lessons to Take From the Sears Canada Inc. Collapse

Friday  16:06,   15 december 2017
The Motley Fool

Retailers such as Hudson’s Bay Co. (TSX:HBC) and Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) can come away with very different takeaways from the collapse of Sears Canada[...]

Online shoppers vent about delivery security, theft

Tuesday  05:50,   12 december 2017
MSN

Todd Bailey is fed up with delivery companies that drop his online purchases at his door. A few years ago, the Grande Prairie, Alta., resident was at the hospital for the birth of his child when a big-screen TV he had ordered was left on his front[...]

Ultra-low rental vacancy rates highlight 'desperate' struggle to find affordable housing

Monday  22:08,   11 december 2017
cbc.ca

The national rental vacancy rate has taken a dive and rental horror stories are growing, forcing renters to consider whether the payoffs of living in a big city are worth the cost, both financially and in terms of quality of life. Sharna Ridge,[...]

The little blue pill that changed everything: An oral history of Viagra

Monday  22:08,   11 december 2017
Bloomberg

Viagra’s incredible run ended this morning with the release of a cheaper, generic version of the world’s first impotence-fighting pill. And what a run it was. Approved 19 years ago, Pfizer Inc.’s Viagra ushered in a pharmaceutical and cultural[...]

10 things investors need to know about bitcoin

Monday  22:08,   11 december 2017
MoneySense

MoneySense explains how the cryptocurrency market[...]