Financial


 Mutual fund asset increases by 0.7% in June 2024: IFIC Reports

Mutual fund asset increases by 0.7% in June 2024: IFIC Reports

July 24, 2024 04:06 PM AEST| By Team Kalkine Media

The Investment Funds Institute of Canada (IFIC) has released its investment fund net sales and net assets data for June 2024. At the end of the month, mutual fund assets reached $2.073 trillion, representing an increase of $14.2 billion or 0.7% from...

 Tech Woes Trigger Market Slump Amid Global Earnings Disappointments

Tech Woes Trigger Market Slump Amid Global Earnings Disappointments

July 24, 2024 02:00 PM AEST| By Team Kalkine Media

Summary:,- Big Tech's underperformance affects markets, with declines in Tesla, Alphabet, and the Nasdaq Composite.,- Europe's luxury stocks and Deutsche Bank shares fall after disappointing results.,- IBM, Chipotle, and Ford's results are anticipate...

 Bank of Canada slashes rate to 4.5%, flags downside risks ahead

Bank of Canada slashes rate to 4.5%, flags downside risks ahead

July 24, 2024 02:00 PM AEST| By Team Kalkine Media

The Bank of Canada (TSX:NA) cut interest rates by a quarter percentage point for a second consecutive meeting and signaled further easing ahead as inflation concerns abate.,Led by Governor Tiff Macklem, policymakers reduced the benchmark overnight ra...

 A&W (TSX: AW.UN) Announces Strategic Combination with A&W Food Services of Canada

A&W (TSX: AW.UN) Announces Strategic Combination with A&W Food Services of Canada

July 23, 2024 03:57 PM AEST| By Team Kalkine Media

A&W Revenue Royalties Income Fund (TSX: AW.UN) and A&W Food Services of Canada Inc. have announced a strategic combination to form a new publicly traded growth-focused quick service restaurant (QSR) franchisor, named A&W Food Services NewCo. This tra...

 TD Bank Stock: A Long-Term Investment Opportunity Worth the Risk

TD Bank Stock: A Long-Term Investment Opportunity Worth the Risk

July 23, 2024 02:00 PM AEST| By Team Kalkine Media

Investors seeking stable and rewarding dividend stocks often look to Toronto-Dominion Bank (TSX:TD) on the TSX. Despite recent challenges, TD’s dividend performance and future prospects make it an appealing option for those focused on income generati...

 Building a Secure Retirement: Maximizing Your Savings with RRSPs and Dividend Stocks

Building a Secure Retirement: Maximizing Your Savings with RRSPs and Dividend Stocks

July 23, 2024 04:03 AM AEST| By Team Kalkine Media

Pensions such as the Canada Pension Plan (CPP) and Old Age Security (OAS) are crucial for providing financial support throughout retirement, but they are only partial replacements for pre-retirement income. Recognizing the need for more robust retire...

 goeasy (TSX: GSY). Expands Credit Facility to $550 Million, Extends Term and Adds Lenders

goeasy (TSX: GSY). Expands Credit Facility to $550 Million, Extends Term and Adds Lenders

July 22, 2024 04:45 PM AEST| By Team Kalkine Media

goeasy Ltd. (,TSX: GSY,), a leading Canadian consumer lender specializing in non-prime credit solutions, has successfully completed an amendment to increase its senior secured revolving credit facility (the "Credit Facility"). This enhancement includ...

 CIRO Releases 2023-2024 Enforcement Report Highlighting Commitment to Investor Protection and Market Integrity

CIRO Releases 2023-2024 Enforcement Report Highlighting Commitment to Investor Protection and Market Integrity

July 17, 2024 04:04 PM AEST| By Team Kalkine Media

The Canadian Investment Regulatory Organization (CIRO) has published its 2023-2024 Enforcement Report, reaffirming its dedication to protecting investors, enhancing industry standards, and maintaining market integrity through fair and effective enfor...

 Two Canadian Financial Stocks with Long-Term Potential

Two Canadian Financial Stocks with Long-Term Potential

July 16, 2024 08:20 PM AEST| By Team Kalkine Media

Investing in the stock market can feel intimidating, especially with a limited budget. However, starting with just $100 can set you on the path to building a strong investment portfolio. Today, we'll explore two recommended,TSX financial stocks,that...

 TSX Financial Stock to Watch This Month

TSX Financial Stock to Watch This Month

July 16, 2024 08:10 PM AEST| By Team Kalkine Media

Investors looking for stable income and growth potential should keep an eye on Firm Capital Mortgage (TSX:FC), a prominent,TSX financial stock,. Over the past year, FC shares have risen by 9%, supported by a robust 8.3% dividend yield. As interest ra...

 Top TSX Stock to Maximize Your Investment Today

Top TSX Stock to Maximize Your Investment Today

July 15, 2024 02:00 PM AEST| By Team Kalkine Media

Looking for the Ultimate TSX Stock to Buy and Hold for Decades? This,Dividend,-Paying Powerhouse is Your Answer!,When it comes to building a strong portfolio, there are countless stocks to choose from. But if you're seeking the ultimate,TSX stock,tha...

 Royal Bank of Canada (TSX: RY) Announces Key Executive Appointments Post-HSBC Acquisition

Royal Bank of Canada (TSX: RY) Announces Key Executive Appointments Post-HSBC Acquisition

July 12, 2024 11:10 AM AEST| By Team Kalkine Media

The Royal Bank of Canada (TSX: RY) and (NYSE: RY) has unveiled significant executive appointments to drive its next phase of growth following the acquisition of HSBC Bank Canada. These changes, effective September 1, 2024, are designed to leverage RB...

 Candace Laing to Lead Canadian Chamber of Commerce as New President and CEO

Candace Laing to Lead Canadian Chamber of Commerce as New President and CEO

July 11, 2024 06:29 PM AEST| By Team Kalkine Media

On September 1, Candace Laing will assume the role of President and CEO of the Canadian Chamber of Commerce, the largest business network in Canada. Ms. Laing brings a wealth of experience from both the private and public sectors, making her well-equ...

 team.blue Welcomes Significant Investment from CPP Investments

team.blue Welcomes Significant Investment from CPP Investments

July 11, 2024 06:27 PM AEST| By Team Kalkine Media

team.blue, Europe's foremost digital enabler for entrepreneurs and small to medium-sized businesses (SMBs), has announced a substantial investment from Canada Pension Plan Investment Board (CPP Investments). This strategic investment positions team.b...

 iA Financial Group (TSX: IAG) Invests CAD10 Million in Clutch Technologies Inc. to Enhance Online Vehicle Sales

iA Financial Group (TSX: IAG) Invests CAD10 Million in Clutch Technologies Inc. to Enhance Online Vehicle Sales

July 08, 2024 06:24 PM AEST| By Team Kalkine Media

iA Financial Group (TSX: IAG) has announced a strategic investment of CAD10 million in Clutch Technologies Inc., a prominent player in the online sales of pre-owned vehicles in Canada. This partnership aims to bolster iA Financial Group's capabilitie...

 Goeasy (TSX: GSY) Announces Leadership Transition as Jason Mullins Steps Down as CEO

Goeasy (TSX: GSY) Announces Leadership Transition as Jason Mullins Steps Down as CEO

July 05, 2024 03:11 PM AEST| By Team Kalkine Media

Goeasy Ltd. (,TSX: GSY,), a leading consumer lender in Canada specializing in financial services for individuals with non-prime credit, has unveiled a significant leadership transition plan. Jason Mullins, the current President and Chief Executive Of...

 Payments Canada Appoints Susan Hawkins as President and CEO

Payments Canada Appoints Susan Hawkins as President and CEO

July 01, 2024 11:39 AM AEST| By Team Kalkine Media

The Payments Canada Board of Directors has announced the appointment of Susan Hawkins as the new President and CEO, effective August 12, 2024. This strategic move aims to strengthen Payments Canada’s leadership as it continues to modernize the nation...

 Shell Announces Final Investment Decision for Polaris and Atlas Carbon Capture Projects

Shell Announces Final Investment Decision for Polaris and Atlas Carbon Capture Projects

July 01, 2024 11:38 AM AEST| By Team Kalkine Media

Shell Canada Products, a subsidiary of Shell plc, has announced the Final Investment Decision (FID) for the Polaris carbon capture project at the Shell Energy and Chemicals Park in Scotford, Alberta, Canada. Polaris is designed to capture approximate...

 Royal Bank of Canada (TSE: RY) Expects Continued Easing in Canadian Inflation Rates

Royal Bank of Canada (TSE: RY) Expects Continued Easing in Canadian Inflation Rates

June 24, 2024 04:11 PM AEST| By Team Kalkine Media

The Royal Bank of Canada (TSE: RY) anticipates that the Canadian inflation figures set to be released on Tuesday, June 25, 2024, will indicate a further reduction in price pressures. The consumer price index (CPI) growth is projected to decrease to 2...

 This Cryptocurrency Stock Soared 8% This Week

This Cryptocurrency Stock Soared 8% This Week

June 14, 2024 02:23 PM AEST| By Team Kalkine Media

Cryptocurrency stocks often experience significant fluctuations due to the volatile nature of Bitcoin (,CRYPTO:BTC,) and other digital assets. Galaxy Digital, a key player in the crypto space, is no exception. Recently, its shares rose by 8% only to...

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