When markets get choppy and unpredictable, sometimes the best move is to focus on high-quality, reliable companies that have stood the test of time. For Canadian investors looking to invest $500 right now, three standout picks offer compelling value, even in different sectors and with varying risk profiles. These include Enbridge (TSX:ENB), Manulife Financial (TSX:MFC),…
The Toronto Stock Exchange surged to a new all-time high on Wednesday, fueled by strong quarterly earnings from Canada’s top banks and a rebound in energy stocks driven by rising oil prices. The positive momentum extended to U.S. markets as well, with the S&P 500 closing at its own record. Also Read: Safe investments for…
Gold has spent the past four months in a relatively narrow trading range, fluctuating between roughly US$3,300 and US$3,400 per ounce. Following a sharp rally of around 70 per cent from late 2023 to its April 2025 peak, this period of sideways movement is not surprising. But the key question for investors is: Where does…
The Royal Bank of Canada (RBC) is maintaining a cautious approach as global trade uncertainty continues, even though the broader economy shows signs of stability. According to Chief Risk Officer Graeme Hepworth, the bank expects to keep its provisions for potential loan defaults at elevated levels over the coming quarters. Also Read: Stock investment Canada…
Trade tensions between Canada and the United States are prompting many Canadians who own property in the U.S. to consider selling their homes due to economic policies introduced by U.S. President Donald Trump’s administration. A recent survey by Royal LePage, conducted by Brunson, found that 54% of Canadians with real estate holdings in the U.S….
When bargain hunting in the stock market, it’s tempting to go after the names that have fallen the furthest from their highs. A stock that’s down 50% might seem like a steal—but deep discounts don’t always signal a bottom. In fact, a stock can be halved more than once, which is why it’s crucial to…
Ontario’s economy is beginning to feel the weight of newly imposed U.S. tariffs, with the province losing 38,000 jobs in the second quarter of 2025, according to a report released Thursday by Ontario’s Financial Accountability Office. Financial accountability officer Jeffrey Novak said the job losses reflect both the early effects of the tariffs and broader…
The number of Canadians relying on employment insurance (EI) continued to climb in June, with regular EI beneficiaries increasing by 3.4% to reach 541,000, Statistics Canada reported on Wednesday. Over the first half of 2025, EI recipients rose by 11%. Also Read: Reliable TSX dividend stocks 2025 Compared to June 2024, the number of EI…
Canada’s business landscape in 2025 has become a stage where transformation and tenacity define the competitive edge. From coast to coast, businesses are navigating a blend of optimistic forecasts, evolving trade dynamics, groundbreaking digital shifts, and the relentless pursuit of innovation. A defining headline this year is the government’s focus on strengthening internal trade. The…
Recent business news in Canada paints a picture of transformation and calculated resilience, shaped by policy overhauls, changing capital strategies, and ongoing global pressures. Within the last several months, pivotal shifts have redefined the country’s commercial landscape, offering a mix of optimism and cautious anticipation for investors, entrepreneurs, and policymakers. One of the most significant…
Tech stocks continue to captivate investors with their ability to deliver remarkable growth in a rapidly evolving digital landscape. In 2025, the sector showcases an impressive blend of established giants and emerging disruptors, many of which demonstrate robust momentum and resilience in both product innovation and financial performance. A standout across the tech universe this…
Top Banking Stocks of Canada: A Strategic Guide for Investors Navigating the Canadian stock market often begins with its legendary banks—pillars of financial stability recognized for consistent returns, resilience, and robust dividend histories. As Canada’s financial sector continues to outperform global peers, the country’s top banks remain steadfast favourites among both income-oriented investors and those…
Monday, August 18 Eurozone: Trade balance data Canada (8:15 a.m. ET): July housing starts — analysts expect a 4.0% annualized decline Canada (8:30 a.m. ET): June household and mortgage credit figures Canada (8:30 a.m. ET): June international securities transactions U.S. (10:00 a.m. ET): August NAHB Housing Market Index Earnings Reports: BHP Group Ltd., Palo Alto…
Jefferies Financial Group has raised its price targets across the Canadian banking sector, citing limited fallout from global trade tensions and improved economic conditions in both Canada and the U.S. ahead of third-quarter earnings. However, the firm warns that with bank valuations nearing “priced for perfection” levels, any earnings disappointment could lead to sharp declines…
The Canadian dollar weakened to its lowest level in nearly two weeks against the U.S. dollar on Thursday, as a sharp rise in U.S. wholesale prices dampened expectations for interest rate cuts by the Federal Reserve. The loonie fell 0.4% to 1.3812 per U.S. dollar, or 72.40 U.S. cents, after reaching an intraday low of…
