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B.C. places 15-per-cent cap on fees for food delivery services - Global News Dec 22nd
B.C. places 15-per-cent cap on fees for food delivery services Global NewsBC caps fees charged to restaurants by third-party delivery companies CBC.caB.C. sets temporary cap on food-delivery fees for restaurants Vancouver SunFood delivery app fees for restaurants cap.... More »
What Justin Trudeau hopes to achieve in Japan + MORE May 22nd
Justin Trudeau makes his first major push into Asia this week in Japan, where he hopes to broaden business links with a country that was once Canada’s No. 2 trading partner.
The prime minister will depart Sunday for his first overseas bilateral visit since taking office last fall.
He will meet.... More »
The best high-interest savings accounts in Canada for 2026 + MORE Mar 2nd
Savings comparison tool
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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Making sense of the markets this week: September 10, 2023 + MORE Sep 8th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
Borrowers relieved as interest rates stays at 5%
The Bank of Canada (BoC) announced on Wednesday that it would hold interest rates .... More »
Top financial innovations of the last 25 years + MORE Feb 27th
To mark MoneySense’s 25th anniversary, we dove into the top innovations that have changed personal finance since this magazine was founded in 1999. From new registered accounts and investment products to online services and developments in artificial intelligence, these are some of the biggest.... More »
The Financial Post’s Jonathan Ratner looks at some of the day’s top business and financial stories.
Temple Street Productions lands Fairfax as new owner
– theglobeandmail.com
Toronto-based insurance and investment firm will take majority stake in the company, but will leave strategic, day-to-day decisions to co-presidents David Fortier and Ivan Schneeberg
(THE CANADIAN PRESS/Fred Chartrand)OTTAWA – The imminent federal election campaign will see more money splashed around than ever before in Canada and the deep-pocketed Conservatives can claim a decided advantage — an edge that increases exponentially if Prime Minister Stephen Harper opts for a longer campaign than usual, new number-crunching shows.
While much as been made of the ruling party’s fundraising prowess at the national level, the biggest impact of an extended campaign will be felt by candidates in local riding contests.
An in-depth analysis by The Canadian Press of financing at the grassroots level shows that Conservative candidates’ riding-based war chests are flush with cash, dramatically outpacing their political rivals in efforts to raise and stash away money.
A review of the most recent financial statements filed by riding associations to Elections Canada this month show candidates for the NDP, Liberals, Greens, Bloc Quebecois and other smaller parties simply don’t have the money to compete on a level playing field with Conservative contenders, whose local war chests are overflowing…
Picking priorities: Debt repayment vs. saving
– moneysense.ca
Canadians are more likely to prioritize debt repayment over saving for long-term goals, a new Edward Jones commissioned survey has found.
When receiving money in a lump sum like a tax return, poll results show that nearly one-in-three Canadians planned to use this to pay down debt, while fewer than one-in-10 planned to use that money to save for retirement.
Prudent rationale, right? Not necessarily. Believe it or not, there are times when it actually makes sense to put off debt in favour of saving. This chart can help you decide whether to pay down debt or invest for the future. As always, be sure to check with a financial planner to make sure you’re following the path that’s best for you.
When receiving money in a lump sum like a tax return, poll results show that nearly one-in-three Canadians planned to use this to pay down debt, while fewer than one-in-10 planned to use that money to save for retirement.
Prudent rationale, right? Not necessarily. Believe it or not, there are times when it actually makes sense to put off debt in favour of saving. This chart can help you decide whether to pay down debt or invest for the future. As always, be sure to check with a financial planner to make sure you’re following the path that’s best for you.
Scenario
Pay down debt
Save for the future
You graduated with student debt less than 6 months ago
✓ Although interest does accumulate during this period, you don’t have to make payments on your debt for the first 6 months after graduation…
What’s ailing China’s economy? Here are four stress points
– theglobeandmail.com
The latest sign of China’s problems came in the form of an 8.5-per-cent slide in the Shanghai Stock Exchange Composite Index on Monday, amounting to a paper loss of about $800-billion (U.S.). It was the second-worst day in the benchmark’s history and its most severe beating since 2007.
