Page 37 - Fool Canada News Today

Just recently  Air Canada (TSX:AC) revealed its first-quarter results. Featuring a massive $1.3 billion loss, they were widely seen as disappointing. While the airline did beat on revenue, overall results were among the poorest since COVID-19 hit North America last March. In the earnings report, Air Canada’s CEO Calin Rovescu begged the Trudeau government to re-open air travel, as the U.S. did recently. Claiming that rapid testing could eliminate the need for self isolation, he urged the go...

Image source: Getty Images. We are less than a month away from the start of the summer season, and if you are planning to go on a vacation or a trip this summer, then most of your thoughts will be about spending money, not saving it. But saving and investing money is something that should always be on your mind, regardless of the season. This way, you will be able to take advantage of the opportunities as they present themselves. For this summer season, there are three stoc...

This 3.36% Dividend Stock Has Over 100% Upside From Today! More on: Last year, TSX dividend stocks took a serious hit with the February and March 2020 sell-off. Equity securities across the board seemed to fall off a cliff, regardless of fundamentals, as the pandemic-fueled sell-off frenzy ensued with the onset of COVID-19. The swift market crash led to several high-quality dividend stocks trading at deeply discounted valuations and inflated dividend yields. A rapid recovery saw many opportu...

2 Top Stocks to Buy if You Have $1,000 More on: Image source: Getty Images The equity markets are soaring to new and exciting heights, allowing many investors to reap massive returns from investments they made during the downturn last year. Several stocks flew to all-time highs in the tech sector, offsetting the downturn. After enjoying a strong run throughout 2020 and early in 2021, the tech sector has seen a massive pullback for some of the biggest names. A few massive te...

Image source: Getty Images. One of the best investment strategies to consider is dividend investing. Another great strategy for investors is utilizing ETFs to gain exposure to multiple stocks. So why not combine the two and buy dividend ETFs as a top income investment? There are certainly plenty of high-quality Canadian dividend ETFs to buy now. Diversification is one of the most important practices to reduce risk when it comes to investing. That’s why ETFs are so great. P...

Image source: Getty Images. With improving corporate earnings becoming a significant growth driver, here are four top Canadian stocks that you can buy right now after their impressive quarterly earnings. Magna International First on my list would be Magna International (TSX:MG)(NYSE:MGA), which had delivered an impressive first-quarter performance, outperforming both analysts’ top-line and bottom-line expectations. The company’s revenue came in at $10.18 billion agains...

Shopify (TSX:SHOP)(NYSE:SHOP) fell by 6.8%, 4.1%, and 3.1%, respectively. Let’s find out why it could be a great opportunity to buy the following two Canadian tech stocks cheap. Shopify stock: A must-buy in May The most popular Canadian technology firm Shopify’s stock has lost nearly 10% in May so far. With this, the stock has seen a 9.3% year-to-date value erosion in contrast to an 11% rise in the TSX Composite benchmark. The company continued to beat analysts’ consensus earnings estima...

New COVID-19 Variants Could Hit Air Canada Stock More on: Image source: Getty Images The COVID-19 pandemic will end, but nobody knows when or how. Many health experts agree that we may need booster shots for many years to come, even after the insidious coronavirus goes endemic. That’s bad news for international-focused airlines like Air Canada(TSX:AC), which, as I’ve noted in prior pieces, appears far more dependent on the global vaccine rollout rather than just the Ca...

Which Is a Better Buy: Bitcoin or Gold? More on: Image source: Getty Images Bitcoin was popularized as digital gold. Many investors who invest in gold started considering BTC as an alternative to hedge against inflation. Even the Canada Revenue Agency (CRA) considers BTC as a commodity for tax purposes. Just like gold, you can get exposure to BTC price fluctuation without having to hold it in digital form. Canada has many BTC mining stocks and Bitcoin ETFs that give you exp...

Image source: Getty Images Canadians can reach their savings goal faster through the Tax-Free Savings Account (TFSA). Unlike RRSPs, contributions to your TFSA are not tax-deductible like the Registered Retirement Saving Plan (RRSP) contributions. You can maintain the account for life and not close it on your 71st birthday. The best part of all is the tax-free growth of investment income and capital gains from qualified investments inside a TFSA. Your withdrawals are also tax...