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TSX declines for third day as falling oil weighs on financial, energy stocks

The Toronto stock market shed two per cent of its value, dragged down by declines spread across most sectors and oil prices falling to levels not seen in more than a decade.
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Top Picks from Christine Poole: Alphabet, Home Depot, and Cineplex
Top Picks from Christine Poole, CEO & managing director, GlobeInvest Capital Management.
Kevin O’Leary says a Donald Trump presidency will boost U.S. markets
Waking up to Donald Trump as the next president of the United States is something you should consider a real possibility, at least according to Kevin O’Leary, who believes it can happen.
Obama proposes US$4.1 trillion spending plan proposed in final White House budget
In a final White House budget, U.S. President Barack Obama proposed a US$4.1 trillion spending plan for fiscal year 2017, laying out his key priorities of fighting the Islamic State and raising taxes on wealthy Americans and helping the poor.
Top Picks from Andy Nasr: Gildan Activewear, George Weston, Enbridge
Top Picks from Andy Nasr, managing director, senior portfolio manager Middlefield Group.
Probe launched into alleged fraud, insider trading by Vancouver realtors
The office charged with overseeing the British Columbia real estate market will investigate allegations of fraud and insider trading by some Metro Vancouver real estate agents.
Manulife seeks to trade health data for insurance premium discounts
Manulife Financial Corp. is bringing its fitness trackers and financial incentives to the Canadian market.
Coca-Cola tops profit estimates
Coca-Cola Co reported a better-than-expected quarterly profit, helped by aggressive cost-cutting and lower commodity costs.
Star Wars drives Cineplex to record annual earnings
The latest instalment in the “Star Wars” saga helped propel Cineplex to its best-ever annual and fourth-quarter financial results.
Agrium full-year outlook falls short of forecasts
Agrium Inc., a Canadian fertilizer and farm products retailer, forecast lower-than-expected profit for 2016, blaming weak prices.
Canadian energy companies sell assets to keep oil sands afloat
Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going and safeguard the billions already invested in these multi-decade projects.
TD warns the majority of Canadian oil production is bleeding cash
It’s a dire portrait of Canada’s energy landscape. TD Securities says up to 80 percent of oil output in this country can’t generate positive cash flow at current prices.
Kevin O’Leary says a Donald Trump presidency will boost U.S. markets
Waking up to Donald Trump as the next president of the United States is something you should consider a real possibility, at least according to Kevin O’Leary, who believes it can happen.
Calls with Clients: How to get clients to stay calm when the market is plummeting
What can investment advisors do to calm nervous clients — including those who have the impulse to sell?
Reduce your debt as fast as you can: O’Leary
A more plentiful diet is just another reason to pay down your debts, according to Kevin O’Leary.
Probe launched into alleged fraud, insider trading by Vancouver realtors
The office charged with overseeing the British Columbia real estate market will investigate allegations of fraud and insider trading by some Metro Vancouver real estate agents.
Glut of global crude to balloon further in 2016: IEA
The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said.
TSX declines for third day as falling oil weighs on financial, energy stocks
The Toronto stock market shed two per cent of its value, dragged down by declines spread across most sectors and oil prices falling to levels not seen in more than a decade.
National Bank to write down $165M after Germany shuts down Maple Bank
National Bank says it will write off the $165-million value of its investment in Maple Financial Group, which operates Maple Bank in Germany.
TSX falls 228 points, pressured by financial and energy stocks
North American markets fell sharply on Monday, taking their cues from world stocks as fears about the global economy abound.
Pattie Lovett-Reid: Sometimes even savers get burned
ANALYSIS: Don’t confuse business with friendship. I did and I wound up a loser.
Personal Investor: Hidden investment fees to be revealed
ANALYSIS: Some investors could go into shock when new regulations require dealers to disclose fees in dollar amounts. Right now trailer fees, loads, administrative and marketing fees – and any other fees – can be expressed as a much more digestible percentage.
Your Money Month: You're in your 60s. Will you ever retire?
ANALYSIS: Some people never retire. Take 94-year-old Betty White, for example, whose acting career is still going strong.There's no rule about when to retire, but there are blueprints.
Pattie Lovett-Reid: A step-by-step guide to dealing with job loss
ANALYSIS: It is so hard to accept the harsh reality in an economic downturn -- good, competent people lose their jobs through no fault of their own. So what is a person to do?
Your Money Month: When is the right time to retire?
ANALYSIS: You're now in your 50s, and you have the luxury of choice when it comes to financial planning and spending, writes Pattie Lovett-Reid, Chief Financial Commentator, CTV.
Pattie Lovett-Reid: 5 tips for the veteran or rookie investor
ANALYSIS: Wealth is not created overnight. It is usually created over time with effort and knowledge. With all the market volatility. It might be time to get back to basics.
Pattie Lovett-Reid: Paying with your mobile wallet? Don't worry be app-y
ANALYSIS: Canadian consumers are more likely to reach for their smartphones and credit cards over cash, new research from GfK has found. But many people are still wary of using mobile apps to make transactions. Should they be?
Your Money Month: You’re 40. It’s time to think about retirement
ANALYSIS: If you are in your 40s and you haven’t thought about saving for retirement, you need to. Here are some tips to get you thinking.
Pattie Lovett-Reid: Why your 30s are your golden years
In your 20s many people are tackling student debt, enjoying the fruits of a steady paycheque and a little discretionary income. But by your 30s, it’s time to develop a serious financial plan that will map out the next five, 10 and even 15 years.
Personal Investor: Five RRSP myths debunked
ANALYSIS: It’s all-out war this month as the investment industry battles for your registered retirement savings plan contribution. Here are some common myths about the savings plan debunked.

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