The Toronto Stock Exchange launched the TSX30 in 2019, a flagship program recognizing the 30 top-performing Canadian stocks. Besides providing market trends and insights, the list serves as a guide for both new and old investors. Most of last year’s winners have positive returns in 2025, although three high-ranking companies have underperformed. The share prices…
The oil and natural gas industry is a major source of government revenues and a vital part of Canada’s economy. Based on data from the Canadian Association of Petroleum Producers, the sector accounted for 3% of the country’s gross domestic product (GDP) in 2024. Moreover, oil, natural gas, and refined products account for approximately 20%…
Tariffs are unwelcome in financial markets and disliked by investors. These duties disrupt trade, alter the investment landscape, and heighten volatility. Fortunately, not all sectors have incurred losses due to tariff chaos. Canada’s main stock index advanced nearly 7.2% in the last three months, notwithstanding the U.S.-initiated trade war. As of June 4, 2025, 8…
Image source: Getty Images The Toronto Stock Exchange continues to trend skyward, rising +6.87% in the last 30 days. As of May 9, 2025, Canada’s primary stock market is up +2.55% year to date. The S&P 500 Index on Wall Street is losing -3.8% year to date. Several TSX stocks are profitable options, including a…
The Liberal Party retained power in the recently concluded federal elections following a record voter turnout. Also, Canada’s primary stock market gained +1.3% during election week. However, the financial services sector advanced (+2.88%) the most in five days. Some market analysts say it is because the new prime minister is a former banker. CIBC analyst…
Price fluctuations determine the profit or loss of a stock investment. However, dividend investing is the way to go if the objective is to create recurring income streams. Dividends are buffers as they compensate for or limit losses during market downturns. Moreover, you can meet your liquidity or immediate cash needs. Yields vary depending on…
The Canada Revenue Agency (CRA) notices the mad rush of Canadians to contribute to their Registered Retirement Savings Plans (RRSP) every tax season. RRSP users have up to 60 days after the end of the previous year to contribute. By contributing regularly, income earners can build an RRSP fortune. RRSP contributions are tax-deductible and, therefore,…
The aerospace and defence industry was beset with supply chain issues and production shortages in 2024. However, those same headwinds are tailwinds this year. Global professional services network Deloitte believes that industry players will benefit from increased defence spending due to geopolitical tensions as well as hard technology growth. Firan Technology Group (TSX:FTG) is the…
Dividend investors whose objective is to build long-term wealth reinvest the dividend streams to maximize the power of compounding. However, people chasing high-yield dividend stocks for faster money growth should be aware. Some generous dividend payers are dividend traps. The high yields are enticements, but payments might not be sustainable. If you want a ‘surge’…
The 90-day tariff pause announced by U.S. president Trump on April 9, 2025, helped the TSX post its biggest advance (+5.42%) since March 2020 and trim its steep year-to-date loss to -4.05%. However, some market analysts warn the relief is temporary. Economic uncertainty will persist until there’s a clear endgame to Trump’s trade strategy. Meanwhile,…