Canada's banking regulator has temporarily seized the assets of Silicon Valley Bank's lone Canadian branch, after the California-based bank stunningly collapsed on March 10. Anne Gaviola explains what's behind the company's demise, and what it means for Canadian clients.
Read this before you trade in your gas guzzler.
It's been a rough go for real estate as the BoC rapidly hiked its benchmark rate, but the future of the housing market is "bright," the report says.
If a bull market is on the way, your self-directed investment portfolio should be loaded up with growth stocks like these for long-term wealth growth. The post A Bull Market Is Coming: 2 Spectacular Growth Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.
Canadian Tire and another dividend growth play that's getting way too cheap to ignore amid the market's turbulence. The post TFSA Investors: 2 TSX Stocks Set to Thrive in the Next Bull Market appeared first on The Motley Fool Canada.
These three Canadian REITs have attractive growth potential and are trading undervalued, making them some of the best to buy now. The post 3 of the Best Canadian REITs to Buy While They’re Still Undervalued appeared first on The Motley Fool Canada.
While the big five Canadian banks are unscathed by the US banking crisis, are their dividends safe too? The post Should You Be Worried About Your Canadian Bank Stocks’ Dividends? appeared first on The Motley Fool Canada.
In today's edition: How to get paid by Snapchat, car dealers are fighting against extinction, and more headlines.
The Canadian dollar was trading 0.7% higher at 1.3655 to the greenback, or 73.23 U.S. cents, its biggest gain since March 13. "We are seeing a recovery in sentiment but also in terms of some of the fundamentals that would support the Canadian dollar," said Eric Theoret, a global macro strategist at Manulife Investment Management. "The turn in the price of crude has really been a positive for the Canadian dollar."
With inflation still near its highest level in decades, the federal budget unveiled in Ottawa Tuesday offered a lot of talk about making life more affordable for Canadians — but few details about how it's all going to work. One of the biggest items leaked prior to the budget's release is something the government is calling a "grocery rebate" meant to mitigate the cost of grocery prices that are still rising at an annual rate of more than 10 per cent. It's an extended version of the existing GST
Higher interest rates, depressed occupancy levels, tighter lending, and pressure on asset prices could fuel defaults and hit smaller banks, Musk said.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate Capital and Signature Ba
These two energy giants continue to offer strong yields and inflation protection potential. The post 2 Top Dividend Stocks for March 2023 With a Yield of at Least 7% appeared first on The Motley Fool Canada.
Millions of homeowners will benefit from a whole percentage point drop in interest rates next year, according to City forecasters.
Warren Buffett's Berkshire Hathaway ramped up its bet on Occidental Petroleum, securing a 23.6% stake worth about $13 billion.
Despite a pullback in the market, there are still plenty of dividend stocks paying big income to buy. Here’s a look at two stellar options. The post 2 TSX Dividend Stocks Paying Big Income in a Bearish Market appeared first on The Motley Fool Canada.
This undervalued TSX stock is far below its 52-week highs, but offers future value you can lock in for decades, along with a superb dividend yield. The post 1 Undervalued TSX Stock (With a 6.65% Yield) to Buy Right Now appeared first on The Motley Fool Canada.
Given banking turmoil, the Fed must consider inflation, growth and financial stability in setting policy — but there's no good move to make, Mohamed El-Erian said.
Here's why top TSX dividend stocks like Fortis are perfect for Canadian investors looking for years and even decades of growing passive income! The post 3 TSX Stocks With Years of Consecutive Dividend Growth appeared first on The Motley Fool Canada.
"I don't know if the Fed understands the implications of its own numbers," Wharton's Jeremy Siegel said.
Finance Minister Chrystia Freeland released a budget in Ottawa on Tuesday that deepens Canada’s fiscal deficit as the Trudeau government books C$43 billion ($31.6 billion) in new costs over six years. New spending focuses on bolstering the health-care system, keeping up with the US on clean-technology incentives, and helping low-income Canadians cope with inflation. Debt as a proportion of total output will climb as a result, before resuming its downward trajectory. No return to budgetary balanc
