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CPP payment dates in 2025, and more to know about the Canada Pension Plan Oct 7th
In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »
Divorce and life insurance: How to make sure your family stays protected Feb 9th
Jay and Susan (not their real names) spent 15 years building a life together. They bought a house, adopted a dog and started a family—their two kids are the light of their lives. But due to a variety of reasons, they decided that they’d be better people, and better parents, separately rather tha.... More »
The best credit cards in Canada for 2024 Aug 8th
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The best credit cards in Canada for 2024
Whether you’re looking for rewards, low fees or valuable perks like travel insurance or airport lounge access, we can help.
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By Keph Sen.... More »
Going on vacation? Here’s how to keep your home safe + MORE Jul 3rd
As summer kicks into high gear, many Canadians are planning to head out of town for a vacation, whether it’s a weekend at the cottage or a month-long tour of Europe. But getting that rest and relaxation can bring a new source of stress.
According to a Leger survey conducted for Allstate Insuran.... More »
CPP payment dates in 2026, and more to know about the Canada Pension Plan Jan 4th
In Canada, most retirement plans include the Canada Pension Plan (CPP). Whether retirement is just around the corner or still years away, CPP is likely to form part of your retirement income. How much you receive depends on factors such as your earnings history, contributions, and when you start col.... More »
What Does Silicon Valley Bank’s Collapse Mean for Canadians?
– canadianbusiness.com
The collapse of Silicon Valley Bank, or SVB, earlier this month has been sending shockwaves throughout North America’s tech and banking industries. The lender, based in Santa Clara, Calif., had clients that included start-ups like HR and payment firm Rippling and major tech companies like Roku. It folded in March due to a bank run, making it the second-largest failure of a financial institution in U.S. history.
California regulators closed SVB on March 10 after the bank’s stock plummeted by 60 per cent in a single day, handing control over to the Federal Deposit Insurance Corporation (FDIC). The FDIC said all insured depositors will have full access to their funds, but the bank’s failure is causing anxiety north of the border with companies concerned that something similar could happen in Canada.
Here’s what you need to know about SVB’s collapse and what it means for Canada’s tech and banking sectors.
What caused SVB’s collapse?
The bank’s shutdown was triggered by a combination of rising interest rates, panicked clients and, reportedly, poor oversight and risky behaviour by the lender’s executive team…
