Canadian Capitalist

A Canadian Personal Finance Weblog

Entries from April 2006

Carnival of Investing: Call for Submissions

April 27th, 2006 · 6 Comments

I am hosting the Carnival of Investing next week and I am starting to panic because so far, I haven’t received any submissions. Bloggers, please send in your favourite posts on investing topics to ccapitalist-at-yahoo-dot-ca. I promise to read each of your submissions and include all the posts in the carnival (Can you sense my [...]

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Tags: Carnivals

What to Expect in the Budget

April 26th, 2006 · 6 Comments

Finance Minister Jim Flaherty will present the new Tory government’s first budget on May 2, 2006. Here’s what we can almost certainly expect (from a personal finance perspective):

A 1% cut to the GST will be one of the key features of the budget. The key unknown here is when the cut would take effect.
Prime Minister [...]

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Tags: Miscellaneous

Another Capitalist Blogger in Town

April 25th, 2006 · 1 Comment

I am adding The Confused Capitalist to the Canadian Financial Blogs page. The blogger, Jay Walker, writes mostly about investment topics and has a contrarian take on the markets. Recent posts covered subjects like prospecting for stocks, the (falling) US dollar and (the lack of) a housing bubble in Canada. Mr. Walker has been blogging [...]

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Tags: Miscellaneous

Don’t Sweat the Dollar

April 24th, 2006 · 1 Comment

The Confused Capitalist left the following comment in response to an earlier post on blue chip bargains:
I agree with your overall thesis; however, you, like I, have the currency issues to consider. i.e. the possibility of continuing deterioration of the US dollar. Not an issue to be taken lightly, in my view, as I think [...]

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Tags: Investing

A Buy Rating on Tim Hortons

April 23rd, 2006 · 5 Comments

The Investment Reporter, a Canadian newsletter with a tremendous long-term record, has a buy rating on Tim Hortons (TSX: THI, NYSE: THI) in its April 7, 2006 issue.
We believe it’s worth paying up to $34 a share for Tim, Canada’s largest chain of quick service restaurants, either in the market or through Wendy’s International.
The newsletter [...]

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Tags: Investing

Russell 2000 versus S&P SmallCap 600

April 20th, 2006 · 2 Comments

I am currently reading David Swensen’s (of the Yale Portfolio fame) Unconventional Success and was very surprised to learn that he considers the Russell 2000 (a US small-cap equity index) a poorly constructed index as it suffers from very high turnover. For example, in the three years ending December 31, 2003, the index posted an [...]

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Tags: Investing

Ideas for Your Tax Refund

April 19th, 2006 · 1 Comment

I finally managed to file our tax returns and since we used Netfile, we can expect our refund within the next two weeks. It is always nice to have a lot of money in the bank account and wonder what to do with it. This year, that decision is pretty easy for us: we are [...]

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Tags: Taxes

Canadian Financial Links Resource Page

April 18th, 2006 · No Comments

I finally got around to organizing and annotating my collection of links to other Canadian websites. While it is still a work in progress, it is available here and also through the Resources section on the main page.

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Tags: Miscellaneous

Canadian Banks

April 17th, 2006 · 5 Comments

Canadian Banks are the mainstays in many a portfolio for very good reasons: they have profitable franchises, pay a solid dividend that typically increases every year and have high returns on equity. As a recent cover story in the Report on Business points out, the recent performance of the banks is nothing short of spectacular: [...]

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Tags: Investing

Carnival of Debt Reduction # 31

April 17th, 2006 · 8 Comments

Welcome to the 31st edition of the Carnival of Debt Reduction, dedicated to posts that inspire or help us to get rid of debt.
Without further ado, here are the highlights:
If I Had a Nickel… Blogging Away Debt says that if she had a nickel for every time she has goofed up on her road [...]

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Tags: Carnivals