BIV: Bank of Canada could lose $8.8 billion
A new report predicts the Bank of Canada could lose billions over the next three years, and the common issue that has Lululemon and Aritzia investors wary. BIV’s Tyler Orton has your business news.
A new report predicts the Bank of Canada could lose billions over the next three years, and the common issue that has Lululemon and Aritzia investors wary. BIV’s Tyler Orton has your business news.
Algonquin Power & Utilities (TSX:AQN) and Fortis (TSX:FTS) are utility stocks for investors seeking stability as the bear market ends. The post TFSA Income Investing: 2 Utility Stocks to Buy While They’re on Sale Now appeared first on The Motley Fool Canada.
The days of $100 oil may not be over.
Quality dividend stocks, such as Canadian Natural Resources, can help investors generate a steady stream of recurring income. The post For $1,000 in Monthly Passive Income, Buy 3,529 Shares of This TSX Stock appeared first on The Motley Fool Canada.
Buying dividend stocks cheap and discounted is a strategy many value investors pursue to maximize the return potential. The post Passive Income: 2 Cheap Stocks to Buy and Never Sell appeared first on The Motley Fool Canada.
Adani Group Chairman Gautam Adani faced a margin call of more than $500 million on a $1.1 billion share-backed loan, prompting him to repay the whole debt, the Financial Times reported, citing four people with direct knowledge of the matter. An Adani spokesperson did not immediately respond to a Reuters request for comment outside business hours. Adani Group also plans to prepay a $500 million loan due next month to a group of banks that includes Barclays, Standard Chartered and Deutsche Bank, Bloomberg News reported.
A recession is worrisome. Buying two blue-chip TSX stocks and holding them for the long term will deliver stable, less risky returns. The post Worried About a Recession? 2 Canadian Blue-Chip Stocks to Buy and Hold for Dear Life appeared first on The Motley Fool Canada.
Are you seeking safer options amid elevated market volatility? Consider these three Canadian dividend aristocrats to receive uninterrupted passive income streams. The post 3 Canadian Dividend Aristocrats to Buy and Hold for Passive Income appeared first on The Motley Fool Canada.
Three value stocks with visible high-growth potential could reward long-term investors with mammoth returns in 2023 and beyond. The post 3 Value Stocks That Could Richly Reward Long-Term Investors in 2023 appeared first on The Motley Fool Canada.
The Calgary-based pipeline giant faces a trio of headwinds, according to Credit Suisse.
Even with a hot start to the year, there’s still plenty of value on the TSX. Here are two top stocks to add to your watch list today. The post 2 Cheap Stocks That Could Make You Rich in 2023 appeared first on The Motley Fool Canada.
Factories and households will need to cut energy use further to help prepare for next winter, the boss of one of Europe’s largest energy suppliers has warned.
The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for commodity-linked currencies and investors bet central banks will cut interest rates in 2024, according to a Reuters poll released on Wednesday. In three months, however, the loonie is set be little changed at 1.34 per U.S. dollar, or 74.63 U.S. cents, according to the median forecast from currency analysts, though that was slightly stronger than January's forecast of 1.35. "China is one of the big fundamental drivers for why there is growing optimism ... With that demand coming back, it's going to be supportive of the global economy and it could be a boost to pro-cyclical currencies," said Jay Zhao-Murray, market analyst at Monex Canada Inc.
"We're seeing very high levels of investor cash. That makes me think that we are in very much a bull market that can continue," Fundstrat's Mark Newton said.
These three TSX stocks are massively outperforming the TSX in 2023. Here's why they could continue to soar this year and beyond. The post These 3 TSX Stocks Are Set to Soar in 2023 and Beyond appeared first on The Motley Fool Canada.
OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem on Tuesday said that no further rate hikes will be needed if, as expected, the economy stalls and inflation comes down. But the overall tone was more dovish than his comments following last month's rate hike, when he told Reuters he wasn't even thinking about a cut.
Toronto-Dominion Bank (TSX:TD) and Royal Bank (TSX:RY) are both solid bank stocks, but which is better? The post Better Buy: TD Bank or Royal Bank? appeared first on The Motley Fool Canada.
Not all tech stocks are performing poorly. In fact, this TSX stock continues to rise higher after more strong earnings! The post Here’s the Next TSX Stock I’m Going to Buy appeared first on The Motley Fool Canada.
Beaten-down tech stocks such as Docebo and Lightspeed Commerce are well poised to deliver outsized gains to investors in 2023. The post The 2 Tech Stocks to Buy Before a 2023 Recovery appeared first on The Motley Fool Canada.