Page 34 - Fool Canada News Today

There’s a strong case for buying top Canadian dividend-growth stocks right now. Those CPI (Consumer Price Index) numbers were truly awful, and investors should be keeping a close eye on inflation and rates. That said, don’t count on the Fed changing their policies anytime soon. The 4.2% bounce was worrisome, but it’s still too soon to tell if the Fed will be put between a rock and a hard place. The Fed saw inflation coming, but they think it’ll be transitory. Now that inflation is here,...

Why Did Drake Just Invest in This $5 Billion Canadian Tech Company? More on: Image source: Getty Images A Canadian fintech startup has plenty of star power. The valuation of Toronto-based Wealthsimple soared to $5 billion after raising $750 million in investments from venture capital investment firms and celebrities on May 3, 2021. Among the star-studded investors were rapper Drake, Green Lantern star Ryan Reynolds, and Back to the Future lead actor Michael J. Fox. Wealth...

Don't wait for a stock market correction to invest in index funds like the iShares S&P/TSX 60 Index Fund (TSX:XIU).

TSX? If the dividend sequence is the basis, the Bank of Montreal(TSX:BMO)(NYSE:BMO) deserves to wear the crown. The fourth-largest bank in Canada was established in 1817. Before the Bank of Canada’s formation in 1835, BMO was the concurrent central bank in the country. Canada’s oldest incorporated bank started paying dividends in 1829. The dividend track record is now 192 years. BMO is also the first to expand outside the home country. The bank began operating through business associations...

NFI Group could make a far better investment for long-term returns for Canadian investors than a high-risk and meme-based cryptocurrency.

5 Reasons This Growth Stock Hasn’t Taken Off … Yet More on: Image source: Getty Images Alimentation Couche-Tard (TSX:ATD.B) stock is currently trading at similar levels as in early 2019. So, essentially, the growth stock (if you can still call it that) has gone nowhere in the last two years. However, I don’t think it’s fair to just give up on the growth stock just yet. Studying the TSX stock’s past might shed some light on its recent price action. The growth stoc...

Image source: Getty Images Fast-growing Canadian tech stocks have fallen drastically out of favour in recent weeks, thanks to inflation jitters that refuse to go away. Whether we’re talking about former Fed chair and current U.S. Treasury Secretary Janet Yellen and her comments on inflation or the 4.2% surge in the CPI (Consumer Price Index), investors can’t seem to stop thinking about inflation and its potential to bring forth interest rate hikes. Interest rates can onl...

Image source: Getty Images On November 13, 2020, Michigan governor Gretchen Whitmer caused an uproar when she signed an executive order that gave Calgary-based Enbridge (TSX:ENB)(NYSE:ENB) 180 days to shut down its Line 5 pipeline, which ships 540,000 barrels of oil daily through the Great Lake States to Ontario. Enbridge claims Whitmer has no right to close Line 5. Whitmer said she’d seize Line 5’s profits (reportedly $1.3 million daily) if it doesn’t comply. And as ...

TFSA Investors: 2 Top Canadian Dividend Stocks to Buy Right Now TFSA Investors: 2 Top Canadian Dividend Stocks to Buy Right Now More on: Image source: Getty Images The economic expansion underway has led to most Canadian companies trading on the TSX recovering to pre-pandemic valuations. Several TSX stocks have even reached new all-time highs in the booming market. With most stocks playing at new heights, it can be challenging to find undervalued stocks that can still offer...

Image source: Getty Images Growth investors looking for the best place to park their money may be looking to speculative areas for growth. Cryptocurrencies such as Dogecoin are picking up steam right now as places investors are going to do so. However, the TSX happens to have a number of great growth stocks to choose from. Among these,  Here’s why I think investors should forget the hype around crypto when looking for growth and instead look to winners like Shopify for gr...