rrsp | 30 days - 1.75% + MORE Sep 27th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.

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Spanish rival launches 2nd takeover bid for Portuguese bank + MORE Apr 18th

LISBON, Portugal – Spain’s Caixabank is making its second attempt in just over a year to take control of Banco Portugues do Investimento, launching a crossborder takeover bid that values the Portuguese bank at 1.62 billion euros ($1.83 billion). Caixabank, S.A., which is the Portuguese b.... More »

Bond Yields Rise, Stocks Dip as Metals Push Higher: Markets Wrap - Yahoo Canada Finance Feb 22nd

Bond Yields Rise, Stocks Dip as Metals Push Higher: Markets Wrap Yahoo Canada FinanceWorld shares sink as bond yields, commodities surge By Reuters Investing.comGlobal Financial Markets Steady Early Monday Amid Rising Global Bond Yields FX EmpireWorld shares sink as .... More »

Thy Neighbor's Assets + MORE Oct 20th

Envy as economic policy..... More »

The best 5-year fixed mortgage rates in Canada + MORE Jul 18th

Mortgages The 20 best credit cards in Canada for July 2023 Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required. Find my perfect card* .... More »

Can you delay a RRIF withdrawal? + MORE Jun 5th

Ask MoneySense I read you can base your RRIF withdrawals on your wife’s age to minimize them. Can you please explain exactly what that means? My wife is seven years younger than me, and I am 68. I already have a small RRIF, set up for the pension benefit. When I hit 71, when I convert my RRSP to a.... More »

The realities of bankruptcy and knowing your options

– myownadvisor.ca

If you were to lose your job today, do you have enough funds to live off of for a few months before you found a new job? For many people the answer is no. This is where I feel emergency funds are very important (at least for us). I know we’d be stressed…
For most individuals any long-term drop in take-home pay makes them vulnerable to financial difficulties that could lead to bankruptcy. The numbers tell this tale. A recent study in Canada told us that Prince Edward Island had the biggest rise in bankruptcies of any province in Canada so far this year, according to numbers just released by the federal government. “Bankruptcies and consumer proposals in 2014 are up 14 per cent over this time last year.” In the United States, a total of 1,107,699 bankruptcies were filed in 2013. Those are some scary statistics.
Regardless of which country you live in the decision to file for bankruptcy is not an easy one and I think this decision has implications…

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