CIBC’s Dodig warns Canada risks ‘largest social crisis’ if housing supply, immigration don’t match

Big bank CEO using his influence to turn spotlight on issue as record number of newcomers poised to arrive Published Feb 15, 2023  •  Last updated 2 days ago  •  3 minute read 25 Comments Victor Dodig, chief executive of CIBC, told an audience at the Canadian Club Toronto that Ottawa needs to ensure adequate housing… Continue reading CIBC’s Dodig warns Canada risks ‘largest social crisis’ if housing supply, immigration don’t match

The CRA is actively looking for people who day trade investments in their TFSAs

Jamie Golombek: Unlike an RRSP, a TFSA is not exempt from paying tax on business income from day trading A TFSA is generally exempt from tax on its income, subject to two exceptions: the TFSA holds non-qualified investments or it carries on as a business. Photo by Brendan McDermid/Reuters If you actively trade marketable securities… Continue reading The CRA is actively looking for people who day trade investments in their TFSAs

Whether it was due to layoffs or personal reasons, here’s how to explain an employment gap and get hired

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 Addressing the elephant in the room “Many people have gaps in their resume because their employer went out of… Continue reading Whether it was due to layoffs or personal reasons, here’s how to explain an employment gap and get hired

The case for value stocks to keep topping growth stocks for the time being

Value stocks are far more likely than not to continue outperforming Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files It goes without saying that 2022 was a less-than-stellar year for equity investors given that the MSCI All Country World Index of stocks fell 18.4 per cent.… Continue reading The case for value stocks to keep topping growth stocks for the time being

Holiday spending hangover to strain pocketbooks until spring, RBC poll finds

More than one-third of shoppers went over their budget during the holiday season People pass a large Christmas tree as they go shopping on Christmas Eve at a mall in Ottawa. Photo by Justin Tang/The Canadian Press files Canadians expect to feel the after-effects of their holiday spending well into the spring, with more than… Continue reading Holiday spending hangover to strain pocketbooks until spring, RBC poll finds

4 things that should make investors worry they’re not on the right track

Too many firms are saying their portfolios of companies and loans are doing well despite an economy in transition An electric trading board at the New York Stock Exchange. Photo by Spencer Platt/Getty Images files One of my rules of thumb is that if something doesn’t seem to make sense, it probably doesn’t. Right now,… Continue reading 4 things that should make investors worry they’re not on the right track

Cyclical bull market has already started, BMO’s Belski says

Watch: Brian Belski on the outlook for stock markets amid inflation and recession risks Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files Brian Belski, chief investment strategist at BMO Capital Markets, talks to the Financial Post’s Larysa Harapyn about the path of inflation, the probability of… Continue reading Cyclical bull market has already started, BMO’s Belski says

Investors don’t expect stock rally to last despite recession threat receding: Bank of America survey

66% said stocks are seeing a bear-market rally — signalling they expect them to return to new lows Author of the article: Bloomberg News Sagarika Jaisinghani Published Feb 14, 2023  •  2 minute read Join the conversation A person walks past a Bank of America Corp. sign in the Manhattan borough of New York City.… Continue reading Investors don’t expect stock rally to last despite recession threat receding: Bank of America survey