Terence Corcoran: Silicon Valley Bank is part of global move to mark-to-market

SVB’s failure originates with fiscal, monetary and woke policies Published Mar 15, 2023  •  Last updated 3 days ago  •  4 minute read A display lists Silicon Valley Bank achievements as customers gather to withdraw money at its headquarters in Santa Clara, California. Photo by NOAH BERGER/AFP via Getty Images files The dramatic wipeout of California’s… Continue reading Terence Corcoran: Silicon Valley Bank is part of global move to mark-to-market

FP Answers: I’m 73 and newly widowed so how should I best organize my finances and investments?

Keep in mind the three wealth destroyers as your analyze your new financial situation Published Mar 17, 2023  •  Last updated 20 hours ago  •  4 minute read There are costs that will reduce your overall wealth when you invest or borrow money. Photo by Getty Images/iStockphoto By Julie Cazzin and Allan Norman Advertisement 2 This… Continue reading FP Answers: I’m 73 and newly widowed so how should I best organize my finances and investments?

This retired Ontario man has been living on cash savings — but that’s a mistake, experts say

While living off cash sounds logical, the reality is you end up with less money in the long run than from equity investing Published Mar 17, 2023  •  Last updated 20 hours ago  •  5 minute read An Ontario man is currently living off of his savings and has yet to touch an $800,000-plus defined benefits… Continue reading This retired Ontario man has been living on cash savings — but that’s a mistake, experts say

Banks traded at low multiples with a howling wind at their backs, so what happens now?

Canadian banks’ supercycle is coming to an end Published Mar 16, 2023  •  Last updated 1 day ago  •  4 minute read Bank buildings in Toronto’s financial district. Photo by TIJANA MARTIN/THE CANADIAN PRESS FILES If I told you about a company that is highly profitable, has a strong balance sheet, has grown steadily by expanding… Continue reading Banks traded at low multiples with a howling wind at their backs, so what happens now?

Jack Mintz: Deficit spending is the root of today’s bank failures

Three lessons that should be learned from this week’s bank failures Published Mar 16, 2023  •  Last updated 1 day ago  •  4 minute read A Silicon Valley Bank office in Tempe, Arizona. Photo by REBECCA NOBLE/AFP via Getty Images files We all know the old expression, “waiting for the other shoe to drop.” Well, the… Continue reading Jack Mintz: Deficit spending is the root of today’s bank failures

‘This number needs a serious update’: Calls to raise deposit insurance limit in Canada mount in wake of SVB crisis

Canada’s $100,000 per account cap leaves seniors especially vulnerable, advocacy group says Published Mar 15, 2023  •  Last updated 1 day ago  •  4 minute read The U.S. deposit insurance limit is US$250,000 — more than triple the Canadian cap. Photo by Getty Images A Canadian seniors advocacy group and at least two economists believe the… Continue reading ‘This number needs a serious update’: Calls to raise deposit insurance limit in Canada mount in wake of SVB crisis

Banking, energy selloffs opportunities for investors with the courage to be contrarians

Canadian banks caught in the crossfire look that much more attractive Published Mar 16, 2023  •  Last updated 14 hours ago  •  3 minute read Silicon Valley Bank collapse has sparked a flight to safety in markets that investors could use to their advantage. Photo by REUTERS/Tilman Blasshofer It has been quite the wild ride in… Continue reading Banking, energy selloffs opportunities for investors with the courage to be contrarians