Jamie Golombek: Choosing the wrong payment option can lead to arrears interest and even instalment penalties Publishing date: Dec 08, 2022 • 21 hours ago • 5 minute read 15 Comments Choosing the wrong tax instalment payment option can lead to costly penalties from the CRA. Photo by Brent Lewin/Bloomberg Approximately two million Canadians are required… Continue reading Paying taxes in instalments can bring trouble with the CRA if you make this mistake
Canadian dollar to rally over 2023 as interest rates hit their peak
Currency analysts expect the loonie to hit $1.35, or 74.07 cents U.S., in three months Author of the article: Publishing date: Dec 07, 2022 • 1 day ago • 2 minute read Join the conversation The loonie has weakened over seven per cent against the U.S. dollar since the start of 2022. Photo by Mark Blinch/Reuters… Continue reading Canadian dollar to rally over 2023 as interest rates hit their peak
Shopify stock seen carrying weight of Canadian tech stocks curse into 2023
Shopify shares have tumbled 70% in 2022 Author of the article: Bloomberg News Subrat Patnaik Publishing date: Dec 07, 2022 • 19 hours ago • 2 minute read Join the conversation The Shopify Inc. headquarters in Ottawa. Photo by Chris Wattie/Reuters files The curse of Canadian mega-cap technology stocks hit Shopify Inc. this year, and analysts… Continue reading Shopify stock seen carrying weight of Canadian tech stocks curse into 2023
Stock Market Today: Stocks Rally on Encouraging Jobs Data
A relatively quiet day on Wall Street resulted in a win for stocks as bargain hunters swooped in following a stretch of losses for the major market indexes. The recent spate of selling was sparked by worries that the Federal Reserve will keep hiking interest rates and hold them higher for longer as the U.S.… Continue reading Stock Market Today: Stocks Rally on Encouraging Jobs Data
S&P 500 climbs to snap 5-day losing streak as investors assess recession risks
Jennifer Sor Reuters / Brendan McDermid US stocks climbed on Thursday, with the S&P 500 snapping a five-day losing streak. Markets had been weighed earlier by fears the Fed will keep rates higher for longer amid resilient economic data. But on Thursday, the Labor Department reported that claims for unemployment benefits increased 4,000 to 230,000… Continue reading S&P 500 climbs to snap 5-day losing streak as investors assess recession risks
Activision Blizzard falls as FTC says it is suing to stop Microsoft’s takeover of the gaming giant
Activision Blizzard shares fell as the FTC announced it will sue to stop Microsoft from acquiring the video game giant. Activision agreed to be bought by Microsoft in January for $69 billion. The deal would harm competition in the gaming industry, the FTC said in a statement on Thursday. Loading Something is loading. Thanks for… Continue reading Activision Blizzard falls as FTC says it is suing to stop Microsoft’s takeover of the gaming giant
‘It appears massive fraud was committed’: Here are the 7 best quotes from Coinbase CEO Brian Armstrong’s interview on crypto, FTX, and the future of digital assets.
The implosion of FTX shook the crypto industry to its core in recent weeks as token prices continue to fall. Coinbase hasn’t been immune to the tumult, with the company expecting a 50% revenue decline in 2022. CEO Brian Armstrong gave an interview to the Stratechery newsletter, and these are the best quotes. Loading Something… Continue reading ‘It appears massive fraud was committed’: Here are the 7 best quotes from Coinbase CEO Brian Armstrong’s interview on crypto, FTX, and the future of digital assets.
Russia’s oil exports plunge on EU price cap and latest round of sanctions
Russia’s oil exports have plunged amid the latest round of western sanctions. According to data from Kpler, Russian seaborne oil shipments fell 16% on Tuesday. Russia’s central bank has called the sanctions “new economic shocks” that could derail the economy. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Russia’s oil exports plunge on EU price cap and latest round of sanctions