How to go about securing the best return for your investment in Canada.
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2023 tax credits, due dates and when you can file: Your 2023 income tax return guide Apr 9th
You’ll want to bookmark the MoneySense guide for 2023 personal income taxes. We will be updating it frequently, as information becomes available and deadlines approach. Plus, we get answers from the experts you won’t find anywhere else, thanks to our Ask MoneySense and Ask A Planner columns.&nbs.... More »
Consumer Reports to retest Tesla Model 3 after brake fix + MORE May 22nd
Consumer Reports said Tuesday it will retest brakes on Tesla Inc's new Model 3 sedans after chief executive Elon Musk promised a software update, but the potential hit to sales from the magazine's negative review weighed on Tesla stock..... More »
TSX hits another high as pot stocks fall after U.S. Attorney General report + MORE Jan 4th
TORONTO _ It was another record close for Canada’s main stock index despite a sharp drop in the health-care sector which includes some of the country’s biggest marijuana companies.
The S&P/TSX composite index was up 41.39 of a point to 16,412.94, gaining ground throughout the day aft.... More »
Canadian home sales hit four-year August high as fall market heats up + MORE Sep 16th
The Canadian Real Estate Association says it recorded the most home sales for August in four years, potentially setting the stage for a hot fall market with more choice for buyers.
The association said there were 40,257 home sales across the country last month, up 1.9% from 39,522 in August 2024.... More »
LIV Golf faces another setback in court fight with PGA Tour - The Globe and Mail Feb 22nd
LIV Golf faces another setback in court fight with PGA Tour The Globe and MailLIV Golf dealt another legal blow as judge rules PGA Tour can add Saudi Arabia's PIF to countersuit GolfDigest.comJudge escalates PGA Tour's counterclaim against LIV Golf with addition of defendants&n.... More »
Ottawa gets it right on funding for disaster mitigation
– theglobeandmail.com
The $2-billion investment is designed to reduce the almost $9-billion spent by the federal government in unbudgeted disaster relief expenditures from 2005 projected through 2020.
Financial decisions can be challenging. Many of us make bad decisions about when to save and when to spend. And if we’re being honest, most of us would admit to having a limited capacity to properly evaluate different mortgage, savings and investment options. To help us, governments, schools, employers and other organizations have introduced a range of financial literacy initiatives. Based on recommendations from the Toronto Youth Cabinet, for example, the Ontario government will make financial literacy part of the grade 10 curriculum starting in 2018. The aim seems reasonable. Who could disagree with the idea of students knowing more rather than less about making sound financial decisions? On closer inspection, there are reasons to be skeptical of the effectiveness and ethical defensibility of financial literacy programs.
One problem with financial literacy programs is that many of them just don’t seem to work. A 2014 meta-analysis of over 200 studies of financial literacy programs found that the programs explained almost none of the differences in participants’ financial behaviour and that even marginal literacy gains disappeared less than two years later…
Future of Home Capital uncertain as bankers explore options
– theglobeandmail.com
BMO, Royal Bank of Canada contact mid-sized financial institutions to gauge interest
