Act Now! 7 Lithium Stocks You Should Buy Before It’s Too Late.
If you are looking for the most undervalued lithium stocks to buy now, you’ve come to the right place. These companies represent the best deals in the market, trading at attractive valuations and having promising outlooks for the future. I chose these lithium stocks to buy due to their robust competitive advantages and wide moats […]
Canadian Stock Funds Infrequently Surpass Performance Benchmarks
If you’re evaluating active Canadian equity funds, pay special attention to their current exposure to energy and materials stocks. It might help explain their performance. Morningstar’s new Canadian Conundrum report, available here, evaluates the historical return of actively managed Canadian equity funds since the category’s last rework in June 2007. Its findings were twofold: The […]
Gold Miners Struggle with Rising Costs and Risk Missing Out on Bullion Boom
Analysts had high hopes for the industry. Gold has surged more than 30% this year, while fuel prices — one of the miners’ key expenses — have been easing. But Newmont’s results revealed that big gold producers are still wrestling with inflationary pressures, especially regarding labor costs, that have lasted longer than expected. “There’s a […]
RRSPs Beyond 60: Should You Keep Contributing?
Many Canadians begin to wind down their careers during their 60s. Even if you intend to keep working for another decade or two, at this stage, it’s important to review your savings strategies and compare your tax situations now and after retirement. A key element of this process is reviewing your registered retirement savings plan […]
3 Must-Have EV Stocks to Invest in as Interest Rates Fall in 2025
Source: totojang1977 / Shutterstock.com The electric vehicle (EV) market has slowed in 2024 but is poised for explosive growth over the next decade. As the global economy shifts to greener and more sustainable energy solutions, finding the best EV stocks to buy will be a strategic move. One of the significant factors influencing the EV […]
Montage Gold Secures $825 Million for New Mine in West Africa
Wheaton has committed to acquire 19.5% of payable gold production from the Koné mine, until 400,000 ounces delivery, for a total upfront cash consideration of $625 million. The sum will be paid in four equal instalments during construction. Wheaton will then reduce the amount of gold to be purchased to 10.8% until 130 additional Koz, then 5.4% for the mine’s life. […]
3 Undervalued Tech Stocks to Consider Buying in July
Excitement surrounding artificial intelligence (AI) continues to drive the tech sector in 2024. Consequently, it is propelling the Nasdaq Composite index nearly 20% higher to record highs. This surge underscores the adage that “the best time to plant a tree was 20 years ago. The second best time is now.” This resonates strongly in today’s […]
Anticipation of Further Rate Cuts Following Major Bank’s Decisions
The Bank of Canada delivered a widely anticipated half-point cut to its overnight interest rate, bringing the policy rate to 3.75% from 4.25%, offering more good news for Canadian borrowers. While markets and economists expected the Bank to cut rates, the move signals its urgency in tackling the nation’s economic challenges. Observers believe this means […]
China’s Gold Ore and Concentrate Imports Plunge Amid Upcoming Rule Changes, Sources Report
Gold ore and concentrate imports to China do not currently attract import or value added tax (VAT). Now Chinese customs are planning to identify gold concentrate containing a combined iron and sulphur content of more than 58% as pyrite, which is subject to a 1% import tax and 13% VAT, the sources said. Shipments of […]
What Will Be the Bank of Canada’s Interest Rate Cuts?
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When the Bank of Canada announces its latest decision on interest rates Wednesday, the question for investors is how much rates will come down, not if. “We’ll see a continuation of the normalization of monetary policy, [since] rates are too high and the Bank of Canada knows it,” says Jules Boudreau, senior economist at Mackenzie Investments […]