These days you hear a lot about “enhancing shareholder value”. That is, managements of many firms want their shares to perform well. Management, of course, has a fair bit of   Read More

We used to communicate with the Canada Revenue Agency via paper or online forms. Now you can get social with the CRA via Twitter, e-mail, RSS feeds, YouTube and mobile   Read More

It’s a common question at tax-filing time: What employment expenses are tax-deductible by a salaried employee? Peter Still, a Markham, Ont.-based Chartered Professional Accountant (CPA) and Certified General Accountant (CGA)   Read More

Toromont Industries remains a buy. This manufacturing company’s stock has raised its dividends for 26 years in a row. This attracts income-seeking investors. The company’s growing earnings should lead to   Read More

Every month Money Reporter subscribers know where they can get the best GIC, RRSP, Term Deposit and Money Market interest rates in Canada.
GIC rates continued to fall following the Bank   Read More

CAE Inc.’s shares have climbed in recent months. That’s because its sales and earnings per share have risen. Earnings-per-share growth is accelerating and its outlook is favorable. CAE remains a   Read More

Many mutual-fund management companies offer services that can help investors organize their affairs. Some of these services may be of great assistance to the investor, while others tend to benefit the fund company more.   Read More

The European Central Bank, or ECB, ushered in a new era by launching an aggressive bond-buying program in January. The euro zone is one of the global economy’s biggest trouble   Read More

Is your self confidence waning? Do you feel you may be better off putting your money in a mutual fund and leaving stock selection to the fund’s professional managers? You   Read More

Metro Inc. (TSX─MRU) did well in the first quarter of fiscal 2015. Its sales and earnings per share climbed. The company is expected to earn more for the full year.   Read More

 In fiscal 2014, Richelieu Hardware (TSX─RCH) earned record profits for the fifth year in a row. It’s expected to earn record profits again in fiscal 2015 (fiscal years end November   Read More

Putting money into your Registered Retirement Savings Plan, or RRSP, is a great way to start planning for your retirement. And there’s no better time to start thinking about your   Read More

New Look Eyewear Inc. (TSX─BCI) brought in results for the third quarter of fiscal ’14 that were mainly in line with Toronto-based analyst Doug Cooper’s own forecast. Mr. Cooper is   Read More

 In the first quarter of fiscal 2016, Shaw Communications’ existing businesses generated lower revenue and operating income than a year earlier. But newly-acquired ViaWest offset the shortfall.

The company has   Read More

Whistler Blackcomb Holdings Inc. (TSX─WB) showed some pretty impressive slope side action during its fourth quarter of fiscal 2014 according to Sheila Broughton, managing director and head of research at   Read More

Sometimes when the outlook for growth at a company stalls, it can present an opportunity to scoop up valuable shares at bargain prices. On the other hand, it may be   Read More

TD Bank Group’s (TSX—TD; NYSE–TD) fourth-quarter results and outlook were greeted with horror by investors. They promptly punished the bank’s stock by selling it and causing the shares to fall   Read More

Montreal-based Gildan Activewear Inc. (TSX—GIL; NYSE—GIL) earned more in the year to October 5. It expects to earn more in the year ahead. This supplier of branded basic family apparel   Read More

Dividend Re-Investment Plans, or “DRIPs,” can assist you in building your wealth. You can instruct companies with DRIPs to reinvest your dividends into new shares. You can build your wealth   Read More

Alimentation Couche-Tard is earning record profits again. We expect the company to earn record profits this year and next. It remains a buy for further long-term gains and small but   Read More

Today the world’s 2 billion+ Christians pause to celebrate the birth of a nice little Jewish boy who was born to a virgin mother who, together with her husband, had   Read More

Metro Inc. earned more in fiscal 2014, which sent its share up. This supermarket chain is expected to earn more in fiscal 2015 (which began on September 28) and fiscal   Read More

Magna International is profiting from a strong demand for cars. It should earn more money this year and next. It remains a buy for further gains and rising dividends.

Vehicle manufacturers   Read More

The federal government introduced a new “first-time donor’s super credit” last year, but many Canadians are still either unaware of what it is or not quite sure of what the   Read More

How much foreign content you choose to hold in your portfolio should depend on your investment objectives, time horizon and risk tolerance. But when you calculate your foreign content, remember   Read More

American Depositary Receipts, or ADRs, give you ownership in companies based outside of Canada and the U.S. This can give you several benefits. One is diversification—geo-political and industrial. It’s tempting   Read More

As we begin to approach the end of the calendar year, a common tax tip is to think about “tax-loss selling”. This refers to the strategy of triggering losses before   Read More

B.C.-based Kelso Technologies describes itself as a “railroad equipment supplier that produces and sells proprietary tank car service equipment used in the safe loading, unloading and containment of hazardous materials   Read More

Watch the mutual funds you buy outside your registered accounts between now and the end of the year. Otherwise, you may find yourself on the hook for taxes if you   Read More

You’ll often hear start-ups being touted as nimbler and more innovative than older companies. But there are advantages to a company having been around for a while. Just ask Michael   Read More

Hardwoods Distribution (TSX—HWD) is doing better than it seems. We expect it to earn more this year and next. It remains a buy for long-term share price gains and dividends.

In   Read More

“In the stock market — or in any widely traded market — there’s an inevitable fact of life: bear markets happen. It’s a topic I’d just as soon avoid. After   Read More

When building a portfolio of equity funds, we recommend the core of your holdings be comprised of two or three large-cap funds with different investment styles. A value fund, a   Read More

If Calgary-based Mainstreet Equity Corp. (MEQ–TSX) is anything, it’s a growth story. Just ask Jeffrey Olin, president and chief executive officer of Toronto-based Vision Capital Corp., an investment counseling and   Read More

Once upon a time, a family was eligible for a double principal residence exemption. However, in the early 1980s, the tax rules were changed. Now there is essentially a one-principal-residence-per-family   Read More

If there’s one thing Teck Resources Ltd. (TCK.B–TSX) knows how to do, it’s how to tread water.

That’s what Jorge Beristain, Wilfredo Ortiz and Jeremy Kliewer might tell you. They’re analysts   Read More

CAE’s share price has fallen recently but it did better than it seems in the first quarter of fiscal 2015. It has also sharpened its strategic focus. The company raised   Read More

Ag Growth Intl. Inc. (AFN–TSX), manufacturer of portable and stationary grain handling, storage and conditioning equipment, including augers, belt conveyors, storage bins, handling accessories and aeration equipment, has made sales   Read More

There is nothing more joyful than the birth of a child. It is a very emotional time for parents and grandparents as they make lofty plans for the baby’s future   Read More

Tim Hortons, one of our Key stocks, has agreed to its acquisition by Burger King to form a new company. You’ll receive much more than Tim Hortons’ former market price.   Read More

Paying capital gains taxes may be an inevitable result of successful investing. But the longer you can delay the inevitable, the greater will be your ultimate success.

Sector funds offer aggressive   Read More

          Saputo Inc. earned more in the first quarter of fiscal 2015. It has raised its dividend for 15 years in a row. The company is also paying a stock   Read More

Registered Retirement Savings Plans, or RRSPs, help you to save for a more comfortable retirement while deferring taxes – hopefully on more favorable terms – into the future.

But the investment   Read More

State Street Corp. provides big institutional investors with investment research, investment management, investment servicing and trading services. It recently reported on the cash holdings of individual investors. In Canada, individual   Read More

BCE Inc. wants to buy the Bell Aliant shares that it doesn’t already own. BCE (TSX—BCE) remains a buy. If you hold Bell Aliant (TSX—BA), you should perform your own   Read More

Thinking about what to include in your will? If you are like most people, your thoughts are probably focused on who gets what, and who will take care of the   Read More

“This year’s Annual General Meeting could not have mirrored today’s real-life world and stock markets better. What a template! Talk about proven – and inspirational – value investing.”

So enthused Michael   Read More

Some investors find that when they need a list of their securities to undertake some portfolio management or tax planning, they have to go on a safari of sorts, fumbling   Read More

For conservative investors, the urge to keep money in cash or the equivalent is hard to overcome, despite today’s low interest rates.

And yet, seeking safety in income-producing investments and cash   Read More

Most investors would consider a loss of, say, 30 per cent in a year a disaster. Many would be completely shocked to lose money over 10 years. But what about   Read More

A 70-year-old, unmarried client came to see me last month, worried about an issue that’s common to many affluent Canadians.

He has accumulated $2.8-million in a RRIF and is now concerned   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

Last month we wrote about the demise of the one per cent prescribed rate for income splitting strategies. We   Read More