In a release Monday, the storied Hamilton, Ont.-based steelmaker said it agreed to sell all issued and outstanding common shares for $70 per share to Ohio-based Cleveland-Cliffs, one of North America’s largest steel manufacturers. “I know that Cliffs will continue to build upon...
Are U.S. rate cuts on the way? While Canada’s inflation rate is obviously at the forefront around decision making for the Bank of Canada (BoC) in setting the key interest rate, inflation below the border is also a major consideration. Arguably, policymakers are...
The Canada Carbon Rebate is a tax-free payment, created to help Canadian households offset the cost of federal pollution pricing at gas pumps. According to the Canadian government, eight in 10 families will get back more than they pay into the carbon...
What is the Wealthsimple Cash card? The Wealthsimple Cash card is a prepaid Mastercard available to anyone with a Wealthsimple Cash account. With this card, you can use the funds in your account to make purchases in-store or online. It’s essentially a debit...
Coinbase Global Inc., based in the U.S., is a publicly traded company that has more than eight million users and operates in over 100 countries. Coinbase formally launched in Canada in August 2023, though it has offered services here since 2015. For...
Not just domestic fund managers like Evolve and CI are entering the Canadian AI ETF scene. Invesco Canada offers INAI, which tracks a namesake index for a 0.35% management fee. The index is actively managed by the “Morningstar Equity Research Next Generation...
Before locking into a familial loan, both parties must assess whether they are on the same page and are in a position to take on this type of agreement—along with knowing the power and relationship dynamics that could come with it. Here...
The best Air Miles credit cards By Keph Senett and Luca Tatulli on July 9, 2024Estimated reading time: 10 minutes The Air Miles loyalty program is one of the most established and popular in Canada. Though it lost some of its lustre in recent years, BMO...
Sticker prices at dealerships have started to come down and affordability is improving, said Daniel Ross, senior manager of industry insights with Canadian Black Book. “The new car market is normalizing faster than the used car market,” he said. “You have the inventory,...
Maple Leaf Foods (MFI/TSX) is spinning off its pork business into a new publicly traded company, the firm announced Tuesday. It’s something that’s been in the works for a little while, but the time is now right, said chief executive Curtis Frank...