Munger and his business partner Warren Buffett are longtime cryptocurrency skeptics, contending they are not tangible or productive assets.
Ontario court rules that discount brokers’ receipt of trailing commissions was not considered illegal before the June 2022 ban
The head of National Bank’s wealth management business is retiring, the firm said in a release on Thursday.
As credit conditions continue to deteriorate, credit rating downgrades outnumbered upgrades for global financial institutions in the fourth quarter, Fitch Ratings reports.
The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy.
Government revenues were up $35.5 billion or 14.8% compared to the same period last year, largely due to improvement in economic growth and the fading effect of the Covid-19 pandemic.
Rising market volatility and economic uncertainty drove an increase in banks’ derivatives positions in the third quarter of 2022, according to new data from the Bank for International Settlements (BIS).
A British Columbia court ruled that the victim of a foreign fraudster who alleged that her bank didn’t do enough to prevent her from being duped can go ahead with her lawsuit.
Right off the top, you see that U.S. equities (the S&P 500 index) are often the single top-producing asset class. It topped the list five of the last nine years—from 2013 to 2015, then again in 2019 and 2021.
If you’re wealthy enough to be retired or semi-retired, you’re probably well positioned to consider a hybrid investing strategy known as direct indexing.
According to consumer insolvency firm MNP Ltd, 59% of us are feeling the effects of these rate increases, and with an estimated two million Canadians renewing their mortgages within the next 12 months, more people are likely to feel the pinch.
In Canada and abroad, 2022 can be summed up as the year in which nothing (or almost nothing) worked. Canadian, U.S. and international stocks got clobbered, while bond returns were nearly as bad. The classic 60/40 balanced portfolio had its worst performance since 2008.
Ottawa shouldn't hide behind excuse of low prices, one portfolio manager says, but own up to regulatory hurdles
With return rates for Guaranteed Investment Certificates (GICs) now above five per cent and interest rates widely thought to have potentially peaked, some investors might be considering locking in those high returns.
Imperial Oil (IMO.TO)(IMO) says it will invest $720 million to advance its Strathcona renewable diesel facility near Edmonton.