But if you have some flexibility around where to live, there are cities and neighbourhoods in Canada where homes can be had for less than seven figures—lots of them, in fact. All but five of the 45 cities and regions analyzed by...
Whether or not a variable-rate mortgage is a good option for you depends largely on market fluctuations. Rates for this type of mortgage are typically lower than those of fixed-rate mortgages, which is a win as long as the prime rate doesn’t...
Chequing accounts are essential to everyday banking. Canadians use them to complete many (if not most) of their day-to-day financial transactions, including bill payments, point-of-sale purchases, ATM withdrawals and money transfers. Although chequing accounts have a reputation for being, well, boring, the ones at the...
Note: The MoneySense Find A Qualified Advisor tool is a paid service for advisors in partnership with the Financial Planning Association of Canada. Members of the association must be an accredited CFP, R.F.P, F.Pl or QAFP. What’s the difference between the types of...
It appears the rising AI tide continues to lift all boats in the U.S. tech sector. Deal-seeking customers power Dollarama It was a quiet week for Canadian earnings announcements, with Dollarama (DOL/TSX) being the only large company to release quarterly results. Some Canadian investors...
By Keph Senett and Winston Sih on June 13, 2024Estimated reading time: 15 minutes Canadians love travel and shopping, but when using their credit cards outside of Canada, many pay foreign transaction fees—as much as 2.5%—on every purchase, and that’s on top of the...
In fact, it’s not a deal. At all. Stock splits sound great. After all, shareholders will get nine additional shares for every one they already own. However, when you evaluate your holdings in your portfolio, those extra shares don’t change anything. Whether...
Data analytics helps companies do everything from reducing equipment downtime to improving supply chain management, customer satisfaction and fraud detection. For example, research by IBM suggests there’s a significant opportunity for Canadian companies to combine improved data analytics with cybersecurity to reduce...
The Montreal-based company says it acquired the additional stake in exchange for 6,060,478 Dollarama common shares. The shares were worth a total of about $761.7 million based on Dollarama’s share price of $125.68 on Tuesday. Dollarama acquires Dollarcity Dollarama also has acquired an option...
Core inflation and rising prices These so-called “core” prices are expected to have risen 0.3% from April to May, the same as in the previous month, according to a survey of economists by data provider FactSet. Compared with a year earlier, core inflation...
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