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Jan 24
In the next few weeks, millions of Canadians will be scrambling to make contributions to their registered retirement savings plans ahead of the March 2 deadline. For many, it’s a nice cash reward come tax time. But few may realize that not all RRSP contributions are treated equally, or how making strategic contributions can boost tax savings over the long term.
Jan 24
“This practice punishes the underbanked,” City Council Speaker Corey Johnson said before the council's 43-3 vote in favour of the bill.
Jan 22
It’s almost a damned-if-you-do, damned-if-you don’t scenario that the Bank of Canada is shining a light on in Wednesday’s rate decision and Monetary Policy Report.
Jan 20
A new study from the Canadian Payroll Association and the Western-Laurier Financial Data Analytics Laboratory, found that financial wellness is a result of so much more than the size of your paycheque.
Jan 20
The latest MNP Consumer Debt Index published Monday shows 50 per cent of respondents said they're within $200 of not being able to cover their monthly bills, and nearly an equal proportion of participants in the survey (49 per cent) said they aren't confident in their ability to cover expenses without going deeper into debt.
Jan 17
Long-term charts of the benchmark S&P 500 and S&P/TSX Composite Index show steady gains in the decades before 2008. The S&P 500 lost half its value between October 2007 when the meltdown began and its March 2009 bottom. By October 2013, the S&P 500 topped its pre-meltdown high and has since doubled from there – as if the meltdown never even happened.
Jan 13
The spending scolds always make the same errors about personal finance.
Dec 16
The reserved retirement savings plan itself is almost the same age as most retires.
Dec 9
TransUnion's latest report reveals that outstanding credit card balances have passed the $100-billion mark for the first time as Canadians continue to borrow and rack up the debt amid historically-low interest rates.
About 1 in 3 Canadians stressed financial, regardless of salary: Report
Canada's 'frothiest' cities see millennials, immigrants moving in: Royal LePage CEO
Millennials to drive U.S. housing demand in 2020: CFRA
Millennials are lousy tippers: Study
Millennials heading to the suburbs as home prices rise: Royal LePage
40% of Canada's millennials are part of 'the gig economy': Study
