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TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three and six months ended June 30, 2023 (“Q2 2023”). Q2 2023 Highlights 1 Quarterly net investment income o...
2023-07-31 16:00:00 ET The Bank of Canada accelerated its rate hike from March 2022, increasing the interest rate from 0.5% to 5% in 16 months. These efforts helped it significantly reduce inflation. Even though inflation is still higher (2.8%) than its target rate of 2%, the central ba...
2023-07-31 12:15:00 ET Last year, the Canadian federal government announced that the annual contribution limit to the Tax-Free Savings Account (TFSA) would rise to $6,500. That brought the cumulative contribution total to $88,000, at least for Canadians who have been eligible to contrib...
2023-07-27 15:45:00 ET Timbercreek Financial ( TSX:TF ) is a Toronto-based mortgage investment company that provides shorter-duration structured financing solutions to commercial real estate investors in Canada. Today, I want to explore how Canadian investors can generate big monthl...
2023-07-25 12:45:00 ET Canada’s inflation rate dropped sharply to 2.8% last month, prompting economists to revise their predictions. Doug Porter, Bank of Montreal’s chief economist, said the economy had shown more underlying strength than expected, making a recession in 20...
TORONTO, July 20, 2023 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on August 15, 2023 to holders of Common...
2023-07-18 12:15:00 ET The cost of living for the average Canadian has steadily increased in recent years. Canadians were tested during the COVID-19 pandemic, but the years that have followed the historic health crisis have brought a series of new challenges. The Bank of Canada (BoC) electe...
2023-07-02 09:00:00 ET A Scotiabank poll released back in February revealed that Canadians were worrying about their finances for 15 hours a week, which was up from 10 hours a week in the previous year. Moreover, concerns about paying for day-to-day expenses took up 44% of those reporte...
2023-06-23 14:15:00 ET The establishment of a consistent and sizable passive-income stream should be a goal for all long-term investors. Of course, there are many ways to make passive income. For example, a homeowner could establish a passive-income stream if they are able to collect re...
TORONTO, June 22, 2023 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on July 14, 2023 to holders of Common S...
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TORONTO, July 23, 2024 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on August 15, 2024 to holders of C...
2024-07-16 16:20:00 ET If you say you are comfortable retiring at the income you earn today, ensure your passive income grows with inflation. An average retired Canadian has a median annual income of $37,100 . They earn $21,100 of this amount from a Registered Retirement Savings Plan (R...
2024-07-13 09:30:00 ET How long does it take to earn $1,000 in passive income a year? You can start earning this as early as next month with a $83 monthly payout. Now is an opportune time to lock in high yields of more than 9% on dividend stocks that pay cash every month. When you are p...