With millions of Canadians about to roll up their sleeves to file their federal income taxes, The National’s Ian Hanomansing asks tax lawyer David J. Rotfleisch to break down his top tips for maximizing your refund in 2024.
After breaking ground in 2023, the company building a plant to produce battery components for electric vehicles in a municipality near Kingston, Ont., says it's delaying construction of the plant citing a slowdown in EV sales.In a statement to CBC News, Umicore Rechargeable Battery Materials Inc. said Friday that its project in Loyalist Township is impacted by the "significant worsening of the EV market context and the impacts this has on the entire supply chain." The project carried a total pri
TORONTO — Canada's largest condo market is facing its biggest test in decades as the number of investors losing money every month, and the amount they're losing, has ballooned, says a new report from CIBC and Urbanation.
Various statistics show the GTA's condo market is "clearly in recessionary territory," and the nationwide housing crisis is at a level not seen in over 30 years, a report from CIBC and Urbanation says.
Want some explosive growth in your TFSA. These small-cap stocks have risks, but they could also have some massive reward. The post 3 TFSA Stock Picks With Explosive Potential appeared first on The Motley Fool Canada.
Lower rates are a tailwind for tech stocks but one dividend payer in this high-growth sector is the top buy in a rate-cutting cycle. The post 1 Stock to Buy if the Bank of Canada Keeps Cutting Rates appeared first on The Motley Fool Canada.
Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.
Older investors like stocks. Younger investors prefer "alternatives," including crypto, according to a new industry survey.
The Nova Scotia government is seeking more than $900,000 from the directors of a defunct fuel and heating oil company for taxes that were collected from customers in the years before it went bankrupt but which were never turned over to the province.The provincial fuel tax issue is adding to the catalogue of financial woes faced by Maritime Fuels that have trickled out since it abruptly closed down last fall, owing more than $51 million to creditors, including $2.5 million to customers who prepai
Last week, you might have seen that Canadian National Railway Company ( TSE:CNR ) released its second-quarter result to...
MILAN (AP) — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere Thursday after reporting a plunge in first-half earnings.
MOSCOW (AP) — Russia’s Central Bank on Friday raised its key lending rate to its highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow's military action in Ukraine.
In the latest edition of Your Money, personal finance expert Rubina Ahmed-Haq joins Antony Robart to discuss Wednesday's Bank of Canada interest rate cut and the impact it will have on Canadians.
Loblaw said a boycott of its stores during its latest quarter had a minimal impact, as the company attributed lower profits to a settlement over an alleged bread price-fixing scheme.
CALGARY — With its recent buying spree behind it, Veren Inc. – formerly Crescent Point Energy Corp. – is turning its attention to paying down debt.
The Canadian market has shown robust performance, with a 10% increase over the past year and earnings expected to grow by 15% annually. In this thriving environment, dividend stocks like Canadian Natural Resources stand out as appealing options for investors looking for steady income and potential growth.
Here are two of the best Canadian dividend stocks you can add to your portfolio right now to build retirement wealth in the long run. The post Dividend Fortunes: 2 Canadian Stocks Leading the Way to Retirement Wealth appeared first on The Motley Fool Canada.
TOKYO (AP) — Asian shares dropped in Thursday morning trading, with Tokyo's benchmark losing more than 1,000 points at one point and closing down more than 3%, as pessimism set in over a nose-dive on Wall Street.
The Santa Rosa-based company has been showing signs of struggle for months.
Magna stock (TSX:MG) could be one of the most undervalued stocks out there – at least, for long-term investors that is. The post Could This Undervalued Stock Make You a Millionaire One Day? appeared first on The Motley Fool Canada.
Rogers Communications ( TSE:RCI.B ) Second Quarter 2024 Results Key Financial Results Revenue: CA$5.09b (flat on 2Q...
