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The Tax-Free Savings Account (TFSA) was launched all the way back in January 2009. Since then, it has become a favourite registered account among Canadians largely due to its flexibility. The TFSA can deliver for you in a big way, whether you are on the hunt for growth, income, or a ble...
MARKHAM, Ontario, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“ Sienna ” or the “ Company ”) (TSX: SIA) announced that it will report its 2022 third quarter results after market close on Wednesday, November 9, 2022. Nitin Jain, President ...
MARKHAM, Ontario, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“ Sienna ” or the “ Company ”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “ Common Share ”) for the month of Oct...
The TSX fell to 52-week lows this week, down 14.21% year-to-date and 11% in the last year. And the market could still fall further, according to economists. This comes as U.S. inflation data shows consumers are still spending, and inflation is still rising along with interest rates. Yet...
The stock market selloff is continuing to make Canadian investors wary in 2022. As high inflation has forced central banks in Canada and the U.S. to take aggressive policy measures by rapidly raising interest rates, investors fear that these steps could lead to a recession in the near term....
As I always say, stock investing is one of the easiest ways to generate passive income in Canada without much effort. A misconception that largely prevents beginners from investing in stocks is that one must have huge capital to start with. This is far from the truth, as you don’...
The selloff in the Canadian stock market intensified last week after the U.S. Federal Reserve continued to increase key interest rates by 75 basis points for the third consecutive time, marking the central bank’s fifth rate hike in 2022. As a result, the TSX Composite Index lost ...
The maximum contribution to a Registered Retirement Savings Plan (RRSP) stands at $29,210 in 2022, plus any unused contribution room that is carried forward. Today, I want to explore how RRSP investors can look to generate passive income of $164/month starting in October and carrying th...
If you have been contributing to your TFSA (Tax-Free Savings Account) for several years, chances are high that you have already heard or read about ways to multiply your TFSA savings. While investing in stocks using TFSA gives you the advantage of earning tax-free returns on your invest...
MARKHAM, Ontario, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“ Sienna ” or the “ Company ”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “ Common Share ”) for the month of Se...
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2024-07-22 20:45:00 ET Canadian investors looking for cheap stocks may find there are far too many to consider. After all, one can find everything from penny stocks to blue-chip companies on the TSX under $50 per share. However, if you want companies that can provide you with growth...
The Dow Jones Industrial Average advanced on Monday as investors bet the unsuccessful assassination attempt on former President Donald Trump will lead to big gains for the Republican presidential candidate and the GOP at the polls in November. The 30-stock index came down from its highs of th...
2024-07-15 10:30:00 ET The average TFSA ( Tax-Free Savings Account ) balance at the end of 2023 was roughly $41,000. Let’s see how you can allocate $10,000 and earn $50 in passive income each month tax-free. What is the TFSA and how does it work? The TFSA is a registe...