What is an option? An option is a contract to buy or sell a security for a specific price, called the strike price, on or before the option’s expiration date. Options are available for individual stocks, stock indexes, commodities and other securities. They trade on...
How did bitcoin investors respond to the presidential election? Bitcoin jumped nearly 8% in early trading, climbing above $75,000 and smashing its previous record set in March. Other cryptocurrencies also soared, including ether, the world’s second most popular cryptocurrency after bitcoin, which rallied...
With a commitment to transparency and client education, Dyck ensures his clients are well-informed and actively involved in shaping their financial futures. At Finovo, his mission is to simplify financial planning, offering ongoing guidance as life and goals evolve. Outside of work, he...
“A tariff tends to raise costs, and it ultimately raises prices, so that’s something that we have to be prepared for,” he said. “It could tilt production mandates. A tariff makes goods more expensive, but on the same token, it also will make...
“The Bank of Canada is in a really tricky position,” Freestone said. “They obviously want to target the prosperity of all Canadians, but it’s very difficult to do that with monetary policy, because (they have) one tool.” Who’s been the most impacted by...
This form is typically used for foreign bank accounts, foreign investment accounts or foreign rental properties, but it can include other foreign assets. Foreign investments, including U.S. stocks, must be reported even if they are held in Canadian investment accounts. Foreign personal-use...
Amazon earnings highlights Share prices were up 5% in after-hours trading on Thursday after the strong earnings beat. Amazon (AMZN/NASDAQ): Earnings per share of $1.43 (versus $0.14 predicted) and revenues of $134.4 billion (versus $131.5 billion predicted). Amazon Web Services (AWS) remains the golden goose,...
“Depending what sector, what area you’re in, you’re going to have a favourite.” While Trump may be pro-business and focused on cutting red tape and taxes — and markets had a good run during his last presidency — Harris presents less of a...
What if your manager rejects your salary negotiation attempt? If you’re underpaid compared to industry standards and your employer rejects your pay increase request, you shouldn’t be afraid to find another job, says Hicke. “If you’re not getting paid what you need to...
Who are your money heroes? The perk of being a finance journalist is having access to different people—whether it’s an economist, a financial planner or other Canadians—who share what they’ve learned from their own lives and areas of expertise. And as a service...