Kiplinger’s Weekly Earnings Calendar (Jan. 30-Feb. 1)

Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies.  Please check back often. This earnings calendar is updated weekly.   Monday (1/30)Tuesday (1/31)Wednesday (2/1)Thursday (2/2)Friday (2/3)(Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Jan. 30-Feb. 1)

The pros and cons of a reverse mortgage to help pay off your debts

Be cautious before entering into an agreement to chip away at your home equity A reverse mortgage is a loan that allows you to access the equity in your principal residence without having to sell it and without having to make payments until you move out, sell the home or the last borrower passes away.… Continue reading The pros and cons of a reverse mortgage to help pay off your debts

FP Answers: What should I do if I’ve missed three years of repayments to my RRSP Home Buyers’ Plan?

You are unable to catch up on missed payments, experts say Recently built homes on the northern edge of Calgary. Photo by Gavin Young/Postmedia files By Julie Cazzin with Brenda Hiscock Advertisement 2 This advertisement has not loaded yet, but your article continues below. Q: Help. I borrowed $15,000 from my registered retirement savings plan… Continue reading FP Answers: What should I do if I’ve missed three years of repayments to my RRSP Home Buyers’ Plan?

Mortgage renewals put homeowners in ‘precarious position’

Watch: How interest rates are impacting the housing market Residential homes Burnaby, B.C. Photo by SeongJoon Cho/Bloomberg files Leah Zlatkin, Lowest rates expert, Lowestrates.ca, talks with Financial Post’s Larysa Harapyn about how mortgage renewals put homeowners in a ‘precarious position.’ Recommended from Editorial FP Explains: Breaking down the Bank of Canada’s January hike. Could this… Continue reading Mortgage renewals put homeowners in ‘precarious position’

CRA taken to court after denying spousal support payments as tax deductible

Jamie Golombek: There are tax consequences to take into account when making a separation agreement To ensure tax deductibility, a separation order or agreement must be registered with the Canada Revenue Agency. Photo by Getty Images/iStockphoto Among the challenges of separation and divorce is determining whether spousal and child support will be payable, and, if… Continue reading CRA taken to court after denying spousal support payments as tax deductible

Bank of Canada comments offer light at the end of the tunnel for real estate, mortgage markets, experts say

Central bank signalled it would put the rate hiking cycle on pause — at least for now Published Jan 26, 2023  •  Last updated 23 hours ago  •  3 minute read 13 Comments A residential housing neighbourhood in West Vancouver. Photo by Chris Helgren/Reuters files Canada’s struggling real estate sector is breathing a sigh of relief,… Continue reading Bank of Canada comments offer light at the end of the tunnel for real estate, mortgage markets, experts say

Stock Market Today: Stocks Climb After Tesla Earnings, GDP

A choppy start for stocks on Thursday led to a solid finish as investors mulled over the latest batch of quarterly earnings and economic reports.  Tesla (TSLA (opens in new tab)) headlined a busy earnings calendar – and Wall Street cheered the electric vehicle maker’s fourth-quarter results. Meanwhile, the latest gross domestic product (GDP) reading… Continue reading Stock Market Today: Stocks Climb After Tesla Earnings, GDP

Q4 GDP Beats Expectations: What the Experts Say

The U.S. economy expanded at a faster-than-expected pace in the fourth quarter, but GDP still slowed compared to the previous three-month period and experts expect growth to slow further as higher interest rates exact their toll.  Gross domestic product (GDP) increased at a 2.9% annualized rate in the final three months of 2022, following growth… Continue reading Q4 GDP Beats Expectations: What the Experts Say