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2024-06-13 10:00:00 ET The Bank of Canada lowered interest rates by 25 basis points to 4.75% last week. The central bank stated that interest rates might move even lower in the next 12 months if inflation stays below the 2% threshold. Generally, falling interest rates act as a tailwind for ...
2024-06-12 21:00:00 ET Many companies suffered business reversals and some closures during the global pandemic. However, the pandemic-induced lockdowns and social-distancing measures intensified the popularity of Canadian e-commerce company Shopify ( TSX:SHOP ). The stock became a s...
2024-06-12 16:20:00 ET Investing in shares of fundamentally strong companies can help you accumulate significant wealth in the long term. Moreover, one doesn’t require much capital to start investing. Even if you start with a small amount, buying stocks regularly can help grow yo...