How to go about securing the best return for your investment in Canada.
Latest News
5 smart strategies for renewing your mortgage + MORE Mar 24th
Owning a home has plenty of benefits, but it’s not without challenges. Over one million mortgages in Canada are set to renew in the next few years, and many home owners will be faced with higher interest rates. If you’re in this situation, you may feel squeezed in two ways: a higher interest rat.... More »
How to determine what's a 'cheap' stock, a lumber investment option, and the sectors getting a boost from Canada's economy + MORE Sep 15th
A roundup of investment ideas for active investors
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Boeing 737 Max grounding prompts Air Canada to suspend financial outlook Mar 15th
Canada's largest airline is suspending its financial guidance for this year following the decision by regulators in Canada and the United States to ground the Boeing 737 Max aircraft until further notice..... More »
Why Hollywood Celebrities Are Petitioning Against a Canadian Bank Mar 22nd
Royal Bank of Canada’s financial support for the Coastal GasLink pipeline is generating some star-studded opposition.
More than 65 celebrities, including award-winning actors, directors and musicians, have joined Indigenous climate activists in signing a petition calling on RBC and its subsidia.... More »
South Korea says North Korea committed to 'complete' denuclearization, summit with Trump - Reuters May 27th
ReutersSouth Korea says North Korea committed to 'complete' denuclearization, summit with TrumpReutersSEOUL (Reuters) - North Korean leader Kim Jong Un reaffirmed his commitment to “complete” denuclearization of the Korean peninsula and to a planned meeting with U.S. President Donald T.... More »
Why everyone feels like they’re in the middle class
– moneysense.ca
Most Canadians think of themselves as middle class. In fact, the term is so elastic that politicians know they have just about everybody’s ear when they talk about “middle class” goals and aspirations. We think they are talking to us, whether it’s about wage increases, debt, taxes, or savings vehicles to help us save for our kids’ post-secondary education.How do we define the middle class? Depends on who you talk to. Bank of Canada governor Stephen Poloz last year said the term applies to those people who hold most of their wealth in the equity of their homes. Meanwhile, Prime Minister Justin Trudeau described the typical middle-class Canadian family as one with $90,000 in household income.
According to Nora Spinks, chief executive officer of The Vanier Institute of the Family in Ottawa, it’s misleading to simply look at the middle class as an income bracket. “Whether you think you’re middle class really depends on where you come from and what you aspire to be.”
So who are these middle-class Canadians and what defines them, besides income level? Is it the fact that they have children? A good education? A good job? Or something else? For many it is all about total wealth, not just income…
Major shareholder in The Bay pushes company to sell off real estate, consider going private
– cbc.ca
A minority shareholder in Hudson’s Bay Company says the company should consider selling its real estate holdings or consider a privatization by management.
