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Benefits, fees, hidden perks: Choosing the right credit card for your lifestyle Mar 5th
Critical to building a credit history, credit cards are a rite of passage into financial adulthood.
Even if you’re debt-phobic or have heard too many horror stories of people maxing out their cards, you can’t skip this step.
Cindy Marques, certified financial planner and director at Open A.... More »
Coronavirus fears prompt empty shelves as Canadians follow health minister's advice to stock up - National Post Mar 2nd
Coronavirus fears prompt empty shelves as Canadians follow health minister's advice to stock up National PostNovel Coronavirus Fears Are Causing Costco Canada Stores To Sell Out (PHOTOS) NarcityShoppers stocking up in Metro Vancouver as concern about coronavirus spreads &n.... More »
Calgary council approves plan to revamp downtown with $200M initial investment - CBC.ca Apr 27th
Calgary council approves plan to revamp downtown with $200M initial investment CBC.caCity council approves initial $200M for downtown revitalization effort CTV TorontoCity council approves downtown plan with $200M investment Calgary HeraldCalgary city council approve.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Jun 9th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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How to stay the course with your retirement plan during market volatility + MORE Apr 8th
Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult.
Markets have taken a nosedive after U.S. President Donald Trump’s announcement of sweeping global tariffs last Wednesday (April .... More »
Average Canadian net worth up 73% in 13 years
– moneysense.ca
(Caiaimage/Sam Edwards/Getty Images)The average Canadian net worth rose 73% between 1999 and 2012 after adjusting for inflation, according to Statistics Canada.
The federal agency says average Canadian net worth increased to $554,100 from $319,800 over this period,with higher-income families outpacing the average.
The top 20% of families by income saw their average net worth rise 80% between 1999 and 2012, climbing from $721,900 to $1,300,100.
However, the bottom 20% of families by income saw their average net worth rise by 38% from $79,500 to $109,300 over the same period.
The total net worth of Canadian families increased by $4.17 trillion due to a $4.92 trillion increase in assets, offset by a $750 billion increase in debt.
Half of the increase in assets was due to real estate, while the other half was due to other types of assets, including employer pension plans.
The post Average Canadian net worth up 73% in 13 years appeared first on MoneySense.
The close: TSX ends higher as financial shares gain
– theglobeandmail.com
U.S. stocks also rise on Greece optimism
Business Highlights
– canadianbusiness.com
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Working 9-to-5 becoming a less popular way to make a living
NEW YORK (AP) — If you want an income, or you’re an employer looking for help, it may be time to scrap the idea of the traditional 9-to-5 arrangement.
For workers, it’s become easier and less risky to go solo. Affordable health insurance plans, which kept many workers shackled to traditional jobs, are more accessible because of the Affordable Care Act. And companies are increasingly open to hiring freelancers and independent contractors. Many say independent workers bring fresh ideas without the long-term commitment.
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ECB says stimulus is helping economy, pushing up inflation
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi said the bank’s 1.1 trillion euro ($1.2 trillion) stimulus program is supporting the eurozone’s modest recovery as the money works its way through the financial system to the real world of businesses and consumers.
Draghi was cautiously upbeat about the prospects of the 19-country currency union at a news conference Wednesday after the bank’s latest policy meeting…
Working 9-to-5 becoming a less popular way to make a living
NEW YORK (AP) — If you want an income, or you’re an employer looking for help, it may be time to scrap the idea of the traditional 9-to-5 arrangement.
For workers, it’s become easier and less risky to go solo. Affordable health insurance plans, which kept many workers shackled to traditional jobs, are more accessible because of the Affordable Care Act. And companies are increasingly open to hiring freelancers and independent contractors. Many say independent workers bring fresh ideas without the long-term commitment.
___
ECB says stimulus is helping economy, pushing up inflation
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi said the bank’s 1.1 trillion euro ($1.2 trillion) stimulus program is supporting the eurozone’s modest recovery as the money works its way through the financial system to the real world of businesses and consumers.
Draghi was cautiously upbeat about the prospects of the 19-country currency union at a news conference Wednesday after the bank’s latest policy meeting…
After a rough patch at the end of 2014, foreign money appears to have regained its confidence in Canada’s economy and is once again pouring into Canadian stocks, bonds and real estate, TD Bank says.
Maternity records sold for $2.50 per newborn, OSC alleges
– theglobeandmail.com
Breach in confidentiality, in which two hospital workers allegedly sold documents to RESP salespeople, prompts investigation and $400-million lawsuit
