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Compare auto insurance in Calgary Mar 13th
If you’re buying a new or used car, SUV or pickup truck to drive the streets of Calgary, you’ll also need to shop for auto insurance—it’s required in Canada.
Alberta drivers pay the second-highest car insurance rates in Canada (after Ontario), according to the Automobile Insurance R.... More »
The Power of Positivity: a Q&A With Onlia’s Fernand Vartanian Oct 27th
What’s new in the world of insurance?
Over the last few years, drivers in Ontario have been eligible for discounts or incentives based on safe driving behaviour. Recent regulatory changes mean that now some providers of pay-as-you-drive policies could increase a customer’s premium if the trac.... More »
A guide to cottage insurance + MORE Dec 22nd
Since the onset of COVID-19, the demand for cottages has skyrocketed and supply has remained low. This has resulted in a significant increase in the price of recreational properties, with Royal LePage reporting a 16% national increase in 2020 and an expected 15% increase in 2021. In Muskok.... More »
Can life insurance be used as a fixed income investment? Dec 21st
Q. I am 55 years old, recently finished a four-year battle with cancer, and will be retiring soon. I have a healthy portfolio, consisting of 60% in blue-chip stocks and 40% in fixed income, which will look after my husband’s and my financial needs in the future. I also hold a $2-million life ins.... More »
Perks with Purpose: Unlocking the Power of Group Benefits Sep 29th
In today’s competitive job market, offering a robust group benefits package isn’t just a perk—it’s a strategic necessity. Whether you’re an HR professional, a small business owner, or an employee trying to decode your coverage, understanding the basics of group benefits is essential.
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Statistics Canada to release key jobs report amid growing recession concerns
– canadianbusiness.com
OTTAWA – Statistics Canada is scheduled to release its latest read on the country’s job market later today.
Economists expect the report to show a loss of 10,000 jobs for June, with the unemployment rate edging up to 6.9 per cent, according to Thomson Reuters.
In May, the economy gained 58,900 jobs and the unemployment rate stood at 6.8 per cent.
The jobs report comes amid concerns about the strength of the economy and speculation the country slipped into recession in the first half of the year.
It is the last major economic data point before the Bank of Canada makes its rate announcement and releases its monetary policy report next Wednesday.
The central bank is widely expected to cut its economic outlook for the year, but it is less clear what it will do with its key interest rate.
The Bank of Canada unexpectedly cut its rate by a quarter-point in January as insurance against the impact of low oil prices on the economy.
However, the economy contracted in each of the first four months of the year…
Economists expect the report to show a loss of 10,000 jobs for June, with the unemployment rate edging up to 6.9 per cent, according to Thomson Reuters.
In May, the economy gained 58,900 jobs and the unemployment rate stood at 6.8 per cent.
The jobs report comes amid concerns about the strength of the economy and speculation the country slipped into recession in the first half of the year.
It is the last major economic data point before the Bank of Canada makes its rate announcement and releases its monetary policy report next Wednesday.
The central bank is widely expected to cut its economic outlook for the year, but it is less clear what it will do with its key interest rate.
The Bank of Canada unexpectedly cut its rate by a quarter-point in January as insurance against the impact of low oil prices on the economy.
However, the economy contracted in each of the first four months of the year…
