Canada


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The Canadian dollar looks ‘egregiously’ undervalued: Scotiabank

Canada’s dollar is “egregiously” undervalued, Scotiabank said following a report Friday that showed record job gains for the country.While the loonie has had a bad reputation of late, the strength of the nation’s economic fundamentals reinforces the view that the currency should be stronger, foreign-exchange strategists Shaun Osborne and Eric Theoret wrote in a note.The…


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‘This keeps us in the game’: GM throws Oshawa plant a lifeline with $170M investment that will save 300 jobs

General Motors of Canada Co. threw a lifeline to its century-old Oshawa, Ont. facility with a $170-million investment to save 300 jobs and maintain operations for at least a decade, preserving a smaller footprint in the industry town in a move that analysts say addresses both economic realities and technological advancements in the auto sector.The…


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High stakes for Knight Therapeutics as proxy battle results loom

Although he’s still waiting for the votes to roll in, Meir Jakobsohn already believes the proxy fight he launched at Knight Therapeutics Inc. has been a success of sorts.It’s still much too early to know how shareholders are leaning, but after spending three months criticizing the Montreal-based pharmaceuticals company for its conservative strategy and its…



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Are tax-free workplace pension plans an idea whose time has come?

It’s no secret that ever since the launch of the tax-free savings account a decade ago, Canadians have wholeheartedly embraced the idea of being able to save for retirement (among other goals) on a tax-free basis, using after-tax dollars. Now, a new report out this week calls on the government to take the next step…


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Top five return-killing portfolio mistakes, including owning too much Canada

A few weeks ago, our company 5i Research launched a new portfolio analytics service, allowing customers to ascertain their investment goals, income needs, risk parameters and other factors, and to determine whether their current portfolio is set up properly to meet these personalized goals. Whether it is for a ‘second opinion’ on a broker-advised portfolio…



Who’s afraid of the inverted yield curve? Canadian assets are soaring

Who’s afraid of the inverted yield curve? Canadian assets are soaring

Canada’s inverted yield curve may be flashing recession signs, but it hasn’t prevented investors from enjoying some of the best quarterly returns in years.The plunging bond yields boosted gains on government and corporate debt, with an aggregate index of Canadian bonds in U.S. dollars returning 5.4 per cent in the first quarter, compared with a…


The changes you need to know about when filing your taxes this year

The changes you need to know about when filing your taxes this year

Here’s what’s new for your 2018 tax return, what to be aware of for 2019 and what ‘goodies’ the federal budget may bring Larysa Harapyn March 7, 201910:44 AM EST Filed under Personal Finance Taxes Comment Jason Heath, managing director of Objective Financial Partners, speaks to the Financial Post’s Larysa Harapyn about what’s new for…