Dollarama’s big announcement was that it’s planning to build a new distribution centre in Calgary over the next few years in order to fuel its Western-Canadian growth. With shares now priced at an expensive price-to-earnings (P/E) ratio of over 35x, this retailer...
Still, others note that the new heights of bitcoin’s price don’t necessarily mean the asset is going mainstream. The $100,000 level is “merely a psychological factor and ultimately just a number,” Dan Coatsworth, investment analyst at British investment company AJ Bell, wrote...
That’s the conclusion of the 15th annual food price report released Thursday by a partnership that includes researchers at Dalhousie University, the University of Guelph, University of Saskatchewan and University of British Columbia. The report’s authors used three different machine learning and AI...
Reduce taxes in the current year There are several ways to do this: Fill tax efficiency gaps: Many Canadians have unused tax-advantaged savings room in registered accounts—and this is a real miss. For example, you can invest in your registered retirement savings plan (RRSP) to reduce net income...
How to find the best deal out there Keehn said people should sit down once a year to go over their bank account cash flows and shop around for better deals. She said figuring out your spending pattern can help you find a chequing...
But even among Canadians familiar with the RDSP, there are misconceptions. For example, the survey found that 36% of people with potentially qualifying medical conditions and caregivers who hadn’t opened an account thought they didn’t have enough money to do so. One-third...
“Do not click on links in unsolicited emails or texts. Instead, visit the official website of the courier service for updates,” the bureau said. Report scams and fraud attempts Canada Post recommends customers contact the Canadian Anti-Fraud Centre if they receive a suspicious email,...
Enter Moi Rewards. This loyalty program is already popular in Quebec, and it’s now available in Ontario at Metro and Food Basics grocery stores. Here’s everything you need to know about this personalized loyalty program that makes shopping for groceries—and saving money—easy. Why...
Selling tickets as a business in Canada Some people “scalp” tickets—buying and selling them for a profit—as a business endeavour. If that is you, the income is taxed as business income, which is fully taxable at your marginal tax rate. If you are buying...
American retailer earnings highlights All numbers below are in U.S. dollars. Nordstrom (JWN/NYSE): Earnings per share were $0.33 (versus a predicted $0.22), and revenues were $3.46 billion (versus a predicted $3.35 billion). Urban Outfitters (URBN/NYSE): Earning per share at $1.10 (versus a predicted $0.85), and...
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