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4 Tips to Avoid the Post-Holiday (Financial) Hangover Jan 15th
Christmas has already come and gone and today we’re honouring Blue Monday, the (unofficially) most depressing day of the year. The day is calculated by factoring in things such as weather and, yes, debt level as people start to receive their credit card statements from December.
Maybe this year y.... More »
These preferred shares are looking particularly attractive right now Dec 13th
If central banks continue to hike rates, some underperforming segments of the market could flip to provide the best opportunities
.... More »
It’s probably time you switched banks—4 easy steps for Canadians + MORE Jun 29th
When you opened your first bank account, chances are it was with the same financial institution your parents used—because, why not? And given how loyal Canadians are to their banks, there’s a good chance you’re still banking with the same institution. In fact, 70% of Canadians held the sa.... More »
Canada’s best travel credit cards 2022 May 25th
With a good travel credit card in your name, going on a trip can suddenly become more affordable (when you are ready to travel again, of course). And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lou.... More »
Making sense of the markets this week: April 5, 2021 Apr 5th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Serious concerns over the Canadian housing bubble
BMO has sounded the alarm with strong warnings about what many are calling a housing bubble in Canada. In fact, it’s on fir.... More »
The North and the great Canadian lie
– macleans.ca
Main Street of the hamlet of Sachs Harbour on Banks Island in the Northwest Territories. (Erika Larsen/Redux)We are not a northern nation, and we need to stop lying to ourselves that we are.
More people live in Moose Jaw than live in the Yukon. Compared to other Arctic regions, Canada has done so little to develop its northern economy that it is now rivalled by the tiny Faroe Islands. There’s still no four-season road to our Arctic shores. The only railroad is falling apart. There’s no longer a port, and it’s easier to fly to Africa than it is to Nunavut.
Canada needs to stop pretending that it cares about the North. Decades of false rhetoric has created expectations among those few who do live up North that someone “has their back.” No one does. They’re on their own and they have been for generations. We tell the world the North is ours, that we are protecting our sovereignty and our vast mineral wealth. But the truth is we aren’t, and those resources are so far from the nearest railhead they may as well be on the moon…
