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The best GIC rates in Canada for 2024 Nov 25th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MEC to be acquired by Kingswood Capital through CCAA proceeding - CTV News Vancouver Sep 14th
MEC to be acquired by Kingswood Capital through CCAA proceeding CTV News VancouverMEC to be acquired by private U.S. investment firm CBC.caMEC to be acquired by Kingswood Capital Management through CCAA Proceeding Canada NewsWireMEC to be sold to private corporation&.... More »
Liberals have been better bet than Tories for stock investors - The Globe and Mail + MORE Oct 13th
The Globe and MailLiberals have been better bet than Tories for stock investorsThe Globe and MailIf history is any guide, a win by Justin Trudeau and the Liberals in next week's election bodes well for Canadian stocks. Stretching back to 1922 and the time of William Lyon Mackenzie King's f.... More »
A surprising place to find free financial advice + MORE Jan 19th
Looking for someone to help you learn to manage your money better? Then check out some of the local churches across Canada. Right now, Christians Against Poverty (CAP) Canada is offering three financial services: debt counselling, a free money course and a job counselling program for those interest.... More »
How to use equity to buy a second home + MORE Dec 6th
Whether it’s for a cottage, a vacation home or a rental property, using your home’s equity can be an excellent way to buy that second home you’ve been dreaming of.
“Potential buyers may not have the cash they require to pay for an asset like a second home in part or in full,” says.... More »
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
The glide path less travelled
– moneysense.ca
A common retirement strategy is to gradually increase your portfolio’s bond allocation as you get older (or at least maintain it at a conservative level). But new research puts a twist on how to manage your asset allocation “glide path.”
A recent article by academic Wade Pfau and financial planner Michael Kitces in The Journal of Financial Planning suggests you can increase the odds of sustaining your nest egg by starting with an unusually high fixed-income allocation when you retire, and then gradually lowering it as you get through the danger zone.
The suggestion that you should increase your equity allocation as you age—and therefore increase your risk of major losses—has stirred controversy in financial planning circles. But Pfau provides a commonsense interpretation: “You can get more downside protection starting at 30% stocks and then working your way back to 60% stocks, rather than staying at 60% stocks and 40% bonds the whole time,” says the professor of retirement income at the American College in Bryn Mawr, Pa…
A recent article by academic Wade Pfau and financial planner Michael Kitces in The Journal of Financial Planning suggests you can increase the odds of sustaining your nest egg by starting with an unusually high fixed-income allocation when you retire, and then gradually lowering it as you get through the danger zone.
The suggestion that you should increase your equity allocation as you age—and therefore increase your risk of major losses—has stirred controversy in financial planning circles. But Pfau provides a commonsense interpretation: “You can get more downside protection starting at 30% stocks and then working your way back to 60% stocks, rather than staying at 60% stocks and 40% bonds the whole time,” says the professor of retirement income at the American College in Bryn Mawr, Pa…
Canadian wages on par with U.S.
– moneysense.ca
Wage levels in Canada are generally in line with those in the United States, says an internal government study, suggesting the pay packets of Canadian workers pose no special competitive disadvantage.
The research, by Employment and Social Development Canada, found that since the 2008-2009 global financial crisis, any average differences in the two countries’ absolute wage levels have largely disappeared.
Less educated Canadians earn slightly higher wages than their American counterparts, but well-educated Canadians earn slightly less.
The result appears to be a more equalized wage economy that is well-positioned internationally to compete with Canada’s largest trading partner and others.
The results show that Canada’s wages are lower than their U.S. counterparts for wholesale and retail, finance and business, manufacturing, and transportation and utilities.
And wages are generally the same for construction, community services, personal services and public administration. Only in the primary sector, such as resource extraction, are they higher…
The research, by Employment and Social Development Canada, found that since the 2008-2009 global financial crisis, any average differences in the two countries’ absolute wage levels have largely disappeared.
Less educated Canadians earn slightly higher wages than their American counterparts, but well-educated Canadians earn slightly less.
The result appears to be a more equalized wage economy that is well-positioned internationally to compete with Canada’s largest trading partner and others.
The results show that Canada’s wages are lower than their U.S. counterparts for wholesale and retail, finance and business, manufacturing, and transportation and utilities.
And wages are generally the same for construction, community services, personal services and public administration. Only in the primary sector, such as resource extraction, are they higher…
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
