Economy

Three gold stocks analysts think will outperform as lustre returns to overlooked sector

The Detour gold mine in Cochrane, Ont.Handout The Canadian gold industry’s second mega-deal in a little over four months has some investors taking another look at the  sector, which has been lagging for years. Earlier this week, Goldcorp Inc. announced that it would be merging with Colorado-based Newmont Mining Corp. in a US$10 billion deal […]

Economy

Traders don’t need Mnuchin to tell them equities are in trouble after he spends the weekend quizzing bank CEOs on their liquidity

Treasury Secretary Steven Mnuchin plans to convene a call with the President’s Working Group on financial markets on Monday, a panel created in the aftermath of the Crash of 1987.Evan Vucci/AP Photo file If the Treasury Secretary wants to keep tabs on the financial system when the market is tumbling, that’s fine. But the idea […]

Economy

‘Twas the week before Christmas: Mawer’s 2018 year-end investing review — in poem form

"Dear Santa please bring us one approved pipeline."Angela Weiss/AFP The “boring” Mawer Investment Management Ltd. is a privately owned, independent investment firm, managing over $50 billion in assets for individual and institutional investors across all major investment strategies, with more than 150 employees across Calgary, Toronto, and Singapore. Each year, some of the firm’s more creative […]

Economy

TSX ends the year down 11.6%

For the year, the TSX fell 11.6 per cent.Canadian Press The Toronto Stock Exchange’s S&P/TSX rose 100.86 points, or 0.71 per cent, to 14,322.86. For the year, the TSX fell 11.6 per cent. Leading the index on Monday were Turquoise Hill Resources Ltd, up 6.6 per cent, Semafo Inc, up 6.5 per cent, and Baytex […]

Economy

These are the world’s biggest billionaire winners and losers of the year

Amazon.com CEO Jeff Bezos, left, was 2018's biggest gainer for the second year running, while Mark Zuckerberg, right, saw the sharpest drop in 2018 as Facebook veered from crisis to crisis./Bloomberg The markets may be tanking, but that hasn’t stopped plenty of mega-fortunes from being unearthed in 2018. The popularity of Fortnite, the phenomenon that […]