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Winnipeg Free Press By: Anita Balakrishnan, The Canadian Press Posted: TORONTO - Some stock trading platforms say usership has spiked in 2020, as a whipsawing stock market and more time at home has a growing number of Canadians trying their hand at day trading. A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020. Some stock trading platforms say usership has spiked in 2020, as a whipsawing stock market and more time at home has Canadians day trading. THE CANADIAN PRESS/Jesse Johnston TORONTO - Some stock trading platforms say usership has spiked in 2020, as a whipsawing stock market and more time at home has a growing number of Canadians trying their hand at day trading. ....
Anita BalakrishnanCanadian Press Some stock trading platforms say usership has spiked in 2020, as a whipsawing stock market and more time at home has a growing number of Canadians trying their hand at day trading. “We’ve seen an incredible amount of growth on our platform this past year,” says Kevin Gu, senior product manager at Wealthsimple Trade, an online trading platform. “The pandemic has made active trading popular for a few reasons: people have more time on their hands since being at home, they are thinking about their finances more seriously, and they are excited about the opportunity to get into the market.” ....
As thousands of Canadians flock to day trading during lockdown, experts urge caution - Medicine Hat NewsMedicine Hat News medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.
December 11, 2020 | Canada Needs an Electric Vehicle Option Hilliard MacBeth Author of When the Bubble Bursts: Surviving the Canadian Real Estate Crash Canada risks falling behind in the race to build electric vehicles. Decades of reliance on the Big Three U.S. automakers means that Canada may not have any significant electric vehicle manufacturing capacity when most new vehicles will be electric powered. Is it time for an all-Canadian electric auto? A report from Clean Energy Canada, of Simon Fraser University points out that Canada is falling behind in auto production. The report claims that “Vehicle manufacturing in Canada fell by 37%, or more than one-million vehicles a year. Once a global top-five vehicle manufacturer, Canada now doesn’t even crack the top 10.” ....