Five winning investments in 2022 and their prospects ahead

Peter Hodson: There is always a bull market in something Lithium evaporation ponds in Nevada. A strong lithium sector is fuelling small-cap stock Patriot Battery Metals Inc. Photo by Carlos Barria/Reuters The markets had a decent rally early this week, but let’s face it, it has still been a horrible year for equity investors and… Continue reading Five winning investments in 2022 and their prospects ahead

FP Answers: Should I invest in an RRSP or non-registered account when saving for a home?

Anthony, 25, plans to buy a house soon and wants the biggest down payment possible Anthony wonders what is his best option to maximize his home savings. Photo by Getty Images/iStockphoto By Julie Cazzin with Doug Robinson Advertisement 2 This advertisement has not loaded yet, but your article continues below. Q: I’m 25 years old… Continue reading FP Answers: Should I invest in an RRSP or non-registered account when saving for a home?

Why a business owner who paid himself dividends got into trouble with the CRA

Jamie Golombek: A dividend isn’t legally considered remuneration, which can have severe implications If you’re a business owner who owns an incorporated business, including a professional corporation, dividends are sometimes thought of as a form of remuneration. Photo by Brent Lewin/Bloomberg Many retail investors are certainly familiar with the concept of dividend income, having received… Continue reading Why a business owner who paid himself dividends got into trouble with the CRA

Forget the corporate PR campaigns, here’s how to really save on groceries

There are ways to cut back on what you spend at the supermarket A person shops at the North Mart grocery store in Iqaluit, Nunavut. Photo by Carlos Osorio/Reuters files Everywhere we turn we are paying more: at the pump, on food and for utilities. Of those three types of expenses, groceries seem to be… Continue reading Forget the corporate PR campaigns, here’s how to really save on groceries

Snap’s share price slumps 27% after the company reported its slowest quarterly revenue growth ever

Snap’s reported revenues only rose 6% from a year to $1.13 billion in the third quarter of 2022. It was Snap’s slowest quarterly growth ever and its sales missed market expectations. Shares slumped 27% in after-hours trade. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re… Continue reading Snap’s share price slumps 27% after the company reported its slowest quarterly revenue growth ever

US stocks finish lower as Fed official’s dour inflation outlook pushes key bond yields to fresh 14-year highs

Carla Mozée Traders work on the New York Stock Exchange floor in New York City. AP Photo/Ted Shaffrey US stocks fell Thursday, stretching their losses into a second consecutive session.  A “disappointing lack of progress on curtailing inflation” will keep the Fed raising interest rates, said Philadelphia Fed President Patrick Harker.  IBM and AT&T rose… Continue reading US stocks finish lower as Fed official’s dour inflation outlook pushes key bond yields to fresh 14-year highs

Lumber prices have defied a cooling housing market to climb 26% in October, but surging mortgage rates will keep a lid on further upside

Lumber prices have rallied 26% so far in October, but further gains may be limited as the housing market slows down.The average 30-year fixed mortgage rate hit 7% in amid the Fed’s ongoing rate hike policy.”At 7% interest rates, I wouldn’t expect lumber to do much for a while,” MaterialsXChange’s Ashley Boeckholt said. Loading Something… Continue reading Lumber prices have defied a cooling housing market to climb 26% in October, but surging mortgage rates will keep a lid on further upside