There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Hit and run China's communists take control of tech - The Economist Jul 8th
Hit and run China's communists take control of tech The EconomistChina tries to quell investor fears about internet companies Yahoo Canada FinanceDidi extends slump as China weighs changes to US IPO rules BNNOwning Chinese Companies Is Complicated Bloomber.... More »
The Future Of Finance Is Digital: Q&A With Jerome Dwight, President of Brane Capital Aug 18th
Created for
Brane Capital is an independent Canadian crypto custody service bringing credibility and trust to the fast-growing crypto space by building a made-in-Canada independent custody solution with a team of leaders from technology, banking and government. Its president, Jerome Dwight, has.... More »
No house? No worries: How to tip the financial scales in your favour if you can’t afford to buy a home Jun 12th
How can you generate wealth without owning four walls and a roof? We asked the experts..... More »
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 »
Sobeys/FreshCo parent company, Empire reports earnings + MORE Sep 13th
Empire Co. Ltd. is planning for sunnier economic times on the horizon, as the parent company of Sobeys says it’s continuing to see the sales gap between its discount and full-service stores narrow.
The company’s growing FreshCo discount banner has been a “home run” for Empire, said pres.... More »
Should you consider using joint accounts to avoid probate?
– moneysense.ca
Q. My mother is a widow and I am an only child (single, never married, with one child of my own). Now that she is 83, she thinks she should put my name on all her bank accounts and investments so if she becomes unable, I would have control as joint account holder to pay any bills that come up. My name is already on her condo. Would this avoid probate? We live in Alberta.
–Laurel
A. Joint ownership is a common strategy used by aging parents and their children. It is sometimes recommended by banks, financial advisors and others.
The most common reason parents add a child as a joint account holder is to help with day-to-day administration of an account. However, the same authorization can be provided to banks and financial institutions using an enduring power of attorney in the province of Alberta. This document appoints someone, like you in your mother’s case, to make financial decisions if she is unable or unwilling to make them on her own.
In other provinces, these documents have different names, such as personal directives or mandates…
–Laurel
A. Joint ownership is a common strategy used by aging parents and their children. It is sometimes recommended by banks, financial advisors and others.
The most common reason parents add a child as a joint account holder is to help with day-to-day administration of an account. However, the same authorization can be provided to banks and financial institutions using an enduring power of attorney in the province of Alberta. This document appoints someone, like you in your mother’s case, to make financial decisions if she is unable or unwilling to make them on her own.
In other provinces, these documents have different names, such as personal directives or mandates…
MBNA True Line Mastercard Review
– moneysense.ca
Nobody wants to carry a credit card balance but large purchases, emergencies or unforeseen expenses can throw an ugly blotch onto even the most organized Canadian’s financial picture. At these times it’s crucial to act fast and have a plan to pay down your debt before it grows out of control. Moving your debt to a low interest card, preferably with a great balance transfer offer, is the first line of defence. With its low 12.99% purchase interest rate and 0% balance transfer for 10 months, could the MBNA True Line Mastercard be the best offer in Canada? We dig in to the details.
Quick Card Facts
MBNA True Line Mastercard*
Annual fee: $0
Welcome offer: 0.00% interest on balance transfers for 10 months (a 3.00% transfer fee applies; minimum $7.50 fee, which is the equivalent of 3.00% on a $250 balance transfer)
Purchase interest rate: 12.99%
Income requirement: None
Best feature: The MBNA balance transfer offer is unusually long, offering a full year interest-free, after which time any remaining debt returns to the card’s low standard annual interest rate of 12…
Three new deaths, but B.C. reports fewest new COVID-19 cases in a month – Global News
– news.google.ca
Three new deaths, but B.C. reports fewest new COVID-19 cases in a month Global NewsWill self-isolating lead to more divorces? A family lawyer weighs in CTV NewsSend in your questions for our next COVID-19 town hall with Dr. Bonnie Henry and Adrian Dix Global NewsWhat you need to know about COVID-19 in B.C. on April 16, 2020 CBC.ca’It won’t be enough’: Vancouver mayor says provincial financial relief isn’t sufficient CBC.caView Full coverage on Google News
