David Rosenberg: China won’t be able save the global economy this time

COVID reopening uptick not enough to steer the rest of the world away from downturn Passengers wait to board trains at Shanghai’s Hongqiao Railway Station during the annual Spring Festival travel rush ahead of the Chinese Lunar New Year. Photo by REUTERS/Aly Song By David Rosenberg and Krishen Rangasamy Advertisement 2 This advertisement has not… Continue reading David Rosenberg: China won’t be able save the global economy this time

4 ways the wealthy can make a dent in a large tax bill

Ted Rechtshaffen: These ideas could help the wealthy pay 5 times instead of 7 times what the average person pays on taxes The top 20 per cent of Canadian income earners pay more than 61 per cent of the income tax. Photo by Brent Lewin/Bloomberg The top 20 per cent of Canadian income earners pay… Continue reading 4 ways the wealthy can make a dent in a large tax bill

Cheaper housing and a bustling job market are leading more people to Alberta

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 Affordable housing a huge draw If you’re feeling the financial crunch of your current home, where mortgage or rent… Continue reading Cheaper housing and a bustling job market are leading more people to Alberta

Goldman Sachs sees ‘bullish concoction’ for global commodities

Commodities have the strongest outlook of any asset class in 2023 Author of the article: Bloomberg News Grant Smith Published Jan 17, 2023  •  2 minute read Join the conversation Pump jacks operate near Loco Hills in Eddy County, New Mexico. Photo by PAUL RATJE/AFP via Getty Images files Commodities have the strongest outlook of… Continue reading Goldman Sachs sees ‘bullish concoction’ for global commodities

The times they are a-changing — and so should your portfolio

Noah Solomon: Investment strategies that delivered the best performance over the past 40 years may not be the ones that outperform in the future U.S. Federal Reserve chair Jerome Powell. The Fed is now in a once-burned, twice-shy predicament. Photo by Mary F. Calvert/Reuters files By Noah Solomon Advertisement 2 This advertisement has not loaded… Continue reading The times they are a-changing — and so should your portfolio

‘Double whammy’ has Canadians more concerned about debt than ever, survey finds

MNP’s consumer debt index plunges to all-time low Almost half of Canadians surveyed said they regret the amount of debt they’ve taken on in life. Photo by Reuters/Mark Blinch Nearly half of Canadians are concerned about their current level of debt — a record high — amid rising interest rates, persistent inflation and heightened affordability… Continue reading ‘Double whammy’ has Canadians more concerned about debt than ever, survey finds

James Bay lithium mine wins federal approval amid Trudeau’s push to make Canada an EV player

Quebec mine must adhere to 271 conditions, including measures to protect the environment Ore falls from a conveyor onto a stockpile at a lithium mine site in Australia. Photo by Carla Gottgens/Bloomberg The federal government approved the construction of a lithium mine in northern Quebec, moving Brisbane, Australia-based Allkem Ltd.‘s project closer to the finish… Continue reading James Bay lithium mine wins federal approval amid Trudeau’s push to make Canada an EV player

Why Sophie Brochu’s Hydro-Quebec exit may be more about philosophy than politics

Popular chief-executive’s abrupt departure is perhaps not as surprising as energy sector watchers think Outgoing Hydro-Québec chief-executive Sophie Brochu. Photo by Hydro-Quebec People often make plans, map out strategies and scribble down wish lists about all the things they wish they could do, and would do, if they could just find the time to go… Continue reading Why Sophie Brochu’s Hydro-Quebec exit may be more about philosophy than politics