8 hours ago
TORONTO — The economic slump and a drop in consumer confidence caused house prices to dip during fourth quarter, according to the latest figures from Royal LePage.
It says the real estate market in Canada posted an overall decline in both unit sales and in prices during the fourth quarter of 2008.
Royal LePage says [...]

OTTAWA, Jan 26 (Reuters) - Consumer confidence in Canada rebounded slightly in January from a 27-year low in December as more people expected their financial situation to improve despite the recession, the Conference Board of Canada said on Monday.
The index in January rose to 70.2 from 67.7 in December, which was the lowest mark since [...]

5 hours ago
TORONTO — Canadian Imperial Bank of Commerce (TSX:CM) has joined the parade of Canadian banks issuing preferred shares to bulk up capital buffers.
CIBC said Monday it is issuing $200 million of preferred stock, with an option to sell an additional $75 million.
The preferred shares - which pay fixed yields like bonds but qualify [...]

The three big TFSA issues
Posted: January 26, 2009, 8:00 AM by Jonathan_Chevreau
Taxes, Wills & Estates, Advisors, tax shelters, TFSAs
The following is an email I received from certified general accountant Dean Paley, who is in the tax and estate planning division of Edward Jones. The entire text that follows is his words:
I am writing in response [...]

Last Updated: Monday, January 26, 2009 | 11:34 AM ET
The company that urges Canadians to “save your money” in repeated advertisements is having trouble holding on to its own cash.
ING Canada reported a fourth-quarter net loss Monday of $64.1 million.ING’s stock price
Full-year net income for 2008 was $128.2 million, down 74.8 per cent from the [...]

STEVEN CHASE , DANIEL LEBLANC and BRIAN LAGHI
Globe and Mail Update
January 26, 2009 at 1:59 PM EST
OTTAWA — The Harper government is creating a new $4-billion Infrastructure Stimulus Fund in tomorrow’s budget to help provinces, territories and municipalities get more job-rich public works projects started, Transport Minister John Baird announced today.
It’s part of $7-billion [...]

To stash away the big bucks, first chop expenses in housing, transportation and food. Here are lots of ideas to make that possible.
By Liz Pulliam Weston
January 15, 2009
If you were hoping for a list of small tweaks you could make in your spending to save $10,000 a year, sorry.
The reality is that $10,000 is a [...]

David Berman, today at 9:30 AM EST
Post the first comment Back to the blog
Thinking about scooping up Canadian bank stocks on the cheap, now that the concerns over the credit crisis have begun to fade? John Aiken, an analyst at Dundee Securities, recommends against. He downgraded both Royal Bank of Canada and Toronto-Dominion Bank [...]

December listings soar 9.6% as credit crisis, economic downturn `choked off demand’
Jan 16, 2009 04:30 AM
Comments on this story (6)
TONY WONG
BUSINESS REPORTER
Canadian existing home sales ended 2008 in the deep freeze, falling 1.8 per cent in December compared with the prior month.
Sales fell nationally to 27,357 units, the lowest number since 2000, and were [...]

This is a reaction to the market that’s slowing,’ says Onni’s Evans
Brian Morton, Vancouver Sun
Published: Thursday, January 15, 2009
In what’s being marketed as a real estate liquidation sale, the Onni Group of Companies is offering 375 Metro Vancouver condos valued at $150 million at prices it says are discounted by up to 40 per cent [...]