Apocalypse now? Canadians turn to cash as a hedge against chaos

A Bank of Canada report suggests cash has become something to hoard, rather than spend A Bank of Canada survey has found the demand for cash has actually increased. Photo by Brent Lewin/Bloomberg Instead of killing cash, the pandemic might have saved it. Advertisement 2 This advertisement has not loaded yet, but your article continues… Continue reading Apocalypse now? Canadians turn to cash as a hedge against chaos

Elon Musk breaks the spell he had woven around Tesla

Whether out of hubris, carelessness or boredom, Musk’s personal missteps have served as a catalyst for Tesla’s decline Author of the article: Financial Times Richard Waters Published Dec 30, 2022  •  4 minute read Join the conversation Elon Musk’s personal brand — and, by extension, that of Tesla — has been tarnished in the wake… Continue reading Elon Musk breaks the spell he had woven around Tesla

2 ways an electric vehicle will save you money this winter, and 2 ways it won’t

Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance How far can it go? A common concern for drivers during winter is the range of electric vehicles. “Range… Continue reading 2 ways an electric vehicle will save you money this winter, and 2 ways it won’t

How investors can try to weather the storm before the interest rate pause

No reason to believe central banks won’t be major driver in 2023 Federal Reserve Board Chairman Jerome Powell and other central bankers have driven 2022 and there’s no reason to believe that they are not going to be an important driver for 2023, says Invesco chief strategist Kristina Hooper. Photo by REUTERS/Evelyn Hockstein Kristina Hooper… Continue reading How investors can try to weather the storm before the interest rate pause

Why Whitecap Resources’ CEO is making deals and hoping Alberta’s Sovereignty Act can heal

‘It’s not pitting ourselves against any other province,’ says Grant Fagerheim of controversial bill Grant Fagerheim is the chief executive of Whitecap Resources. “We love making ourselves non-competitive,” said Fagerheim of Ottawa’s oil-and-gas emissions cap policy, which is expected to be released in 2023. Photo by Todd Korol /Whitecap Resources Grant Fagerheim, one of the… Continue reading Why Whitecap Resources’ CEO is making deals and hoping Alberta’s Sovereignty Act can heal

Cannabis Trends to Watch for in 2023

Cannabis trends in 2023 and the course that marijuana measures take at the federal level will be largely decided by the actions of the Democratically controlled Senate and Senate Minority Leader Mitch McConnell (R-Kentucky).  Congress failed yet again to pass the SAFE Banking Act – a bill to improve cannabis companies’ access to finance –… Continue reading Cannabis Trends to Watch for in 2023

Kiplinger’s Weekly Earnings Calendar (Jan. 2-6)

Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies.  Please check back often. This earnings calendar is updated weekly. Monday (1/2)Tuesday (1/3)Wednesday (1/4)Thursday (1/5)Friday (1/6)(Editor’s Note: Earnings dates in tables are tentative. “Earnings Spotlights” will return next week.) Subscribe to Kiplinger’s Personal Finance… Continue reading Kiplinger’s Weekly Earnings Calendar (Jan. 2-6)

Stock Market Today: Stocks Bounce Back After Latest Jobs Data

With just two sessions left in 2022, bulls finally got the stock market surge they’ve been hoping for. The major market indexes staged a hearty rally Thursday, helped by a bad-news-is-good-news reading on the labor market in vapor-thin trading volume.  The proximate cause for Thursday’s rally came courtesy of an uptick in weekly jobless claims… Continue reading Stock Market Today: Stocks Bounce Back After Latest Jobs Data