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Canada Finance

Real Estate vs. Stocks: Which Is the Better Investment?

Jonathan Saveriano | Posted 05.08.2013 | Canada Business
Jonathan Saveriano

Unlike most other goods or services that financial assets are based on, real estate responds to an innate desire -- the desire to have a piece of this earth one can call his own. This basic yearning has been, in my opinion, the driving force of the real estate market, and the reason I continue to believe in it.

Does the Governor of the Bank of Canada Have to Be Canadian?

Robert Waite | Posted 05.02.2013 | Canada Politics
Robert Waite

We don't know for sure who will be tapped for the job of Governor of the Bank of Canada. What we do know is that the individual will be a Canadian. No other nationalities were invited to apply. But, in 2013, does such a citizenship restriction even make any sense? Or is it just another manifestation of good, old-fashioned Canadian parochialism?

Should We Be Worried About Bitcoin?

Samuel Mosonyi | Posted 04.24.2013 | Canada Business
Samuel Mosonyi

Is there an anonymous, free, and untrackable virtual currency currently making its sweep across the World Wide Web? It is not quite that simple, but Bitcoin is poised to become the next big thing in computing and finance.

IMF World Bank Meeting: Why Hot Money Is a Hot Topic for Financial Policy-Makers

Bessma Momani | Posted 04.18.2013 | Canada Business
Bessma Momani

Hot money is like a hot potato that no one wants to be caught holding. With all this money floating in the emerging market economies, domestic banks want to lend. When banks are more eager to lend, they take on risky clients. This can spell disaster.

The Next Big Thing in Funding Innovation

Steven Uster | Posted 04.17.2013 | Canada Business
Steven Uster

While it took a few years after the financial crisis for financial services start-ups to get their business models refined to the point where they can come to market they are here now, and these alternative financial services technology companies are becoming viable and increasingly common sources of financing for entrepreneurs and small businesses.

On the Mortgage Debate, Mulcair KO'd Flaherty

Michel Kelly-Gagnon | Posted 03.21.2013 | Canada Business
Michel Kelly-Gagnon

The federal minister of Finances, Mr. Jim Flaherty, made public comments and exerted pressures for Manulife Bank to withdraw its offer for a five-year-fixed mortgage rate of 2.89 per cent. NPD leader Thomas Mulcair accused Mr. Flaherty of using his position of power inappropriately. I couldn't have said it better myself.

The Cost of Borrowing From a Bank

Steven Uster | Posted 04.27.2013 | Canada
Steven Uster

The competition continues to intensify between Canadian bank and non-bank lenders to carve out their share of the $18.4-billion market for small-business loans of up to $250,000. But as entrepreneurs assess their options, here are 10 points to consider that, in addition to the headline interest rate, impact the total cost of borrowing.

The Rise of Online Pawn Shops

Steven Uster | Posted 04.01.2013 | Canada Business
Steven Uster

There's been a rise in the pawn industry as people look to sell off personal items in order to do any number of things from pay off debts to maintain lifestyle, to grow new businesses where other financing avenues are not available to them. Here are five situations where pledging personal assets as collateral can save you money.

Why CFOs Need to Care About Sustainability -- Now

Tyler Elm | Posted 01.20.2013 | Canada Business
Tyler Elm

Chief Financial Officers (CFOs) and Chief Operating Officers (COOs) are increasingly accountable for sustainability. A study by Deloitte -- Sustainability: CFOs are coming to the table -- found their accountability for sustainability had jumped sharply during the last year. Here are some of the drivers for the CFO's involvement in sustainability.

The First Step to Talking Money With Women

Deborah Nixon | Posted 01.05.2013 | Canada Business
Deborah Nixon

Women relate to each other though stories, and through this process they learn and grow. Money is one of the last taboos and is something many of us are uncomfortable discussing. Creating safe and open spaces for women to talk about money is one of the missing gaps in financial and investor education.

Do The Math: Questionable Accounting In Nova Scotia

CP | Keith Doucette, The Canadian Press | Posted 10.07.2012 | Canada Politics

HALIFAX - The Nova Scotia government has decided to launch a forensic audit of the Cumberland Regional Development Authority after the province's ombu...

Thank You, Jim, but We Already Have a Bank Tax

Neil Mohindra | Posted 07.02.2012 | Canada Business
Neil Mohindra

With growing demands that governments must increase taxes on the rich, there's a strong possibility that some participants at the upcoming G20 finance ministers meeting in Washington will take aim at the banks with renewed calls for new taxes. Yet Canada already has a bank tax in place.

The Real Story Behind Canada's Employment Numbers

Scott Boyd | Posted 12.12.2011 | Canada
Scott Boyd

For many, the improving job growth numbers were seen as a sign that the Canadian economy was back on track despite fears that the economy was tipping back towards recession. Dig a little deeper into the numbers, however, and the headline may not be as positive as it first appears. In fact, it could be downright deceiving.

Gross National... Happiness?

Andrew Cooper | Posted 12.03.2011 | Canada
Andrew Cooper

As a big idea, happiness needs to be taken seriously. As many civil society groups recognize, privileging happiness helps fill a missing "human" gap between the organizational objectives they are advocating and the needs of people on the ground.

How You Think About Money Is as Important as How Much You Have

Kathy Barthel | Posted 11.13.2011 | Canada Living
Kathy Barthel

Often it's how you think about money that is keeping you from having enough to live on comfortably. Is it better to be poor and happy than rich and unhappy? Are you optimistic that things will work out somehow? What beliefs have you developed about money and are they sound?

TSX Plummets 436 Points

CP | Posted 10.04.2011 | Canada

TORONTO - North American stock markets took a hammering Thursday as investors grew ever more pessimistic about the economy with evidence mounting that...