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2023-08-22 16:45:00 ET The Canada Revenue Agency (CRA) and federal government announced to Canadian parents this year two contradicting statements. On the one hand, there was a 6.3% increase in the Child Care Benefit (CCB); hooray! But this came after it was announced the CRA would also...
2023-08-17 16:15:00 ET The S&P/TSX Composite Index was up 76 points in early morning trading on Thursday, August 17. Some of the top-performing sectors included energy, base metals, and utilities. Today, I want to look at three high-yield dividend stocks that could be at risk of...
MARKHAM, Ontario, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“ Sienna ” or the “ Company ”) (TSX: SIA) today announced its financial results for the three and six months ended June 30, 2023. The Consolidated Financial Statements and accom...
2023-07-28 15:00:00 ET Finding a great side hustle can be an excellent way to create income with little effort. I say little effort, because it’s not zero effort here. That is, not until you start investing it. That’s why today I’m going to help passive income s...
2023-07-27 14:45:00 ET Sienna Senior Living ( TSX:SIA ) is a Markham-based company that provides senior living and long-term-care (LTC) services across Canada. In this article, I want to discuss why this dividend stock is one of my favourite targets in late July 2023. Moreov...
2023-07-19 09:30:00 ET The Tax-Free Savings Account (TFSA) has been a strong passive-income provider since its introduction in 2009. Since that availability, investors have been given the opportunity to contribute year after year. Now, there is a total of $88,000 in contribution room if you...
2023-07-14 18:15:00 ET It’s a well-known fact that having a reliable source of monthly passive income can be of great help in tough economic times. While there are several different ways, investing in dividend stocks could be one of the easiest ways to achieve that goal. And the good...
2023-07-13 12:45:00 ET The Bank of Canada (BoC) has done it again. The BoC increased the interest rate to 5% this week as inflation rose, though only slightly. The economy in Canada continues to remain resilient in the face of inflation . With prices starting to stabilize, there is hope...
2023-07-12 11:30:00 ET There’s a reason I’ve put “job” in quotes today. While you might end up creating enough fixed income after this to sustain a side hustle, it will be hardly any work at all. In fact, today, we’re looking at the opposite of work. I...
2023-07-10 11:00:00 ET According to Statistics Canada , seniors (those 65 years of age and over) are the fastest-growing age group in Canada. In 2021, there were seven million seniors, who represented about 18.3% of the total population in Canada, and this percentage is expected to incr...
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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...
2024-07-13 09:15:00 ET Canadian investors can use registered accounts such as the Tax-Free Savings Account (TFSA) to create a stable stream of recurring income. The contribution room for the TFSA rose to $7,000 in 2024, increasing the cumulative contribution limit to $95,000. As any ret...