Silver’s primed to take the spotlight from its metal peers
After a 15% price drop, ‘investors would be unwise to be selling at these levels’: analyst As gold fails to find much haven support despite a volatile stock market and palladium prices hit record highs, silver prices sit close to their lowest levels in nearly three years, down 15% year to date. Silver hasn’t garnered […]
Dollar extends slide as market tracks U.S.-China jitters
Canadian dollar touched near 18-month low against the buck The U.S. dollar weakened as risk appetite waned during Thursday trading, after the arrest of an executive of Chinese telecommunications firm Huawei Technologies, at the request of the U.S., sparked new worries about U.S.-China relations. Huawei CFO Meng Wanzhou was arrested in Vancouver, Canada, for allegedly […]
Taking on gun violence
Prime Minister Justin Trudeau says his government plans to limit access to handguns and assault weapons to confront gun violence in the country. Speaking to Montreal radio station 98.5 FM today on the anniversary of the 1989 Ecole Polytechnique massacre, Trudeau did not rule out a full ban when asked by the host. The prime […]
Scheer – like Harper or not?
Hundreds of First Nations chiefs booed Conservative Leader Andrew Scheer on Thursday when the opposition leader told them they will have to wait until his platform is released to see how he differs from former prime minister Stephen Harper. The Assembly of First Nations chiefs were meeting in a downtown Ottawa hotel. During a question-and-answer […]
Propping up gov’t pensions
Canadian taxpayers subsidize government pensions to the tune of $22 billion a year, a new study by the Fraser Institute reveals. The most striking feature of Canada’s retirement system is arguably the large and growing gap between pensions in the public and private sectors, the think-tank says. “Eighty per cent of public sector workers participate […]
CPP tweaks in new year
The biggest change to the country’s pension plans in more than a decade will take place in the new year, but the effects will be felt differently depending on which generation you belong to. Beginning in early 2019, the Canada Pension Plan and Quebec Pension Plan will phase in enhanced benefits over the next seven […]