ChatGPT could revolutionize portfolio management but is more of a ‘copilot’ than a ‘prophet’ for investors, study says

ChatGPT can be a helpful assistant in the investment process, a study has found. This means AI could be used as a “copilot” for investors, researchers in South Korea said. However, ChatGPT is not a market predictor and should not be used like a “prophet.” Loading Something is loading. Thanks for signing up! Access your… Continue reading ChatGPT could revolutionize portfolio management but is more of a ‘copilot’ than a ‘prophet’ for investors, study says

Silicon Valley Bank stock just reopened for trading and it’s seeing some wild swings after plunging to as low as a penny

After being halted for more than two weeks, shares of Silicon Valley Bank reopened for trading.The stock fell to as low as a penny on Tuesday, and has since rallied more than 9,000% to nearly a dollar.Silicon Valley Bank trades under the ticker symbol “SIVBQ” and is in the process of being acquired. Loading Something… Continue reading Silicon Valley Bank stock just reopened for trading and it’s seeing some wild swings after plunging to as low as a penny

What the federal budget means to your pocketbook

Jamie Golombek runs through the tax measures that directly affect Canadians’ wallets Published Mar 28, 2023  •  Last updated 9 hours ago  •  < 1 minute read How the Federal Budget might affect your personal finances. Photo by Postmedia Jamie Golombek, managing director for tax and estate planning with CIBC, runs through the tax and tax… Continue reading What the federal budget means to your pocketbook

Alternative minimum tax changes will make it harder for high-income earners to avoid paying taxes

Jamie Golombek: Changes include broadening the AMT base by further limiting exemptions, deductions and credits Published Mar 28, 2023  •  Last updated 9 hours ago  •  4 minute read Amendments to the AMT are expected to generate an estimated $3 billion in revenues over five years. Photo by Brent Lewin/Bloomberg The federal government has followed through… Continue reading Alternative minimum tax changes will make it harder for high-income earners to avoid paying taxes

CRA grants reprieve for late filing of underused housing tax return

As long as return is filed or payable paid by Oct. 31, late penalties and interest will be waived Published Mar 28, 2023  •  Last updated 13 hours ago  •  1 minute read A person walks by a row of houses in Toronto Photo by Cole Burston/The Canadian Press The Canada Revenue Agency has waived penalties… Continue reading CRA grants reprieve for late filing of underused housing tax return

Most Canadians financially vulnerable, index finds

Watch: Financial Resilience Institute CEO Eloise Duncan on the financial health of Canadians Published Mar 28, 2023  •  Last updated 14 hours ago  •  < 1 minute read Data show most Canadians are financially vulnerable. Photo by Getty Images/iStockphoto Eloise Duncan, chief executive of Financial Resilience Institute, talks with the Financial Post’s Larysa Harapyn about the… Continue reading Most Canadians financially vulnerable, index finds

Surplus or deficit? Here’s how the provinces stack up financially after budget season

Tax and energy windfalls and federal health-care transfers flip the script Published Mar 28, 2023  •  Last updated 21 hours ago  •  5 minute read The government of Ontario Premier Doug Ford is projecting a deficit of $2.2 billion in fiscal 2022-2023, down dramatically from Budget 2022’s expected near-$20 billion deficit. Photo by Nathan Denette/The Canadian… Continue reading Surplus or deficit? Here’s how the provinces stack up financially after budget season

Stock Market Today: Stock Market Struggles While Alibaba Shines

Stocks struggled to find direction Tuesday as investors took in several economic reports – including data that showed another drop in home prices.  Tech and communication services stocks were two of the biggest decliners today as Treasury yields rose, while energy and industrial stocks were the leaders.  On the economic front, the S&P CoreLogic Case-Shiller… Continue reading Stock Market Today: Stock Market Struggles While Alibaba Shines