December 15, 2009 · 9 comments
in Canadian, Canadian economy, Financial New Year, S&P/TSX, TSX, financial planning, income trusts, investing, market trends, stocks
How well will the Canadian stock market do in 2010? If the U.S. sneezes again, will Canada catch another cold? If there is any fallout or a double-dip U.S. recession owing to defaults on payment-option ARM mortgages, will it send global markets into another fiscal tailspin as we saw in October 2008?
By most estimates, Canada [...]
Many people know that financials make up about 30% of the S&P/TSX. Many also know that Canada’s banking system was rated the safest, most stable banking system in the world during the past financial crisis (and, in fact, is still considered so).
But if you’re not Canadian and not familiar with the market, but you want [...]
With the recent rally in gold prices, maybe you’ve found that your favourite gold dealers were backed up with 3 and 4 week waits on delivery. Now there’s another alternative for Canadian clients – you can purchase gold directly, online, through Scotiabank’s foreign exchange division, ScotiaMocatta.
It’s not surprising that Canada, home to many of the [...]
When you think about multinational companies, Canada probably isn’t the first country that comes to mind. Instead, we think of McDonald’s, Wal-Mart, Altria (Philip Morris) – the usual suspects riding the scapegoat of globalization. But in fact Canada has its multinationals, too – you might not see them on the average “most wanted” list, but [...]
According to a report studied by Eoin Callan of Canada’s Financial Post, the Bank of Nova Scotia (TSE: BNS) has “emerged during the credit crisis as one of the top 10 most stable banks in the world, according to a global ranking of the financial sector.” Moreover, in even more shocking news (if you recall [...]
