How to go about securing the best policy for your insurance in Canada.
Latest News
How to find a lost life insurance policy Feb 12th
My stepfather left a will and a trust with my mom and brother as trustees. My stepfather raised me since I was five. Before he died, he told me he had a policy with my name on it, but my mom and brother won’t tell me. What could I do? Do I have rights?—Ladana
The details of a will and lif.... More »
Does a 21-year-old need life insurance? Jul 18th
Q: I am 21-years-old, studying full-time, working part-time, and I would like to know when is the “right” time to get life insurance and if I really need life insurance this young. I work in the banking services industry and I hear a lot of my customers discussing their insurance detail.... More »
The Small Cap 100 of 2016 Mar 11th
Overview
SUBSCRIBERS ONLY: Small Cap 100 + All-Stars
SUBSCRIBERS ONLY: Mid Cap All-Stars
SUBSCRIBERS ONLY: Small Cap 1,000
Double-A stocks
While there are scores of interesting stocks in the tables, the double-A companies always stand out. Four of them happen to be in the insurance business. Both E.... More »
Chris Christie's Insurance Heist + MORE May 14th
The Governor wants to grab a company’s ‘excess’ profits..... More »
Export Development Canada to pay $969M dividend to federal government + MORE Apr 5th
OTTAWA _ Export Development Canada is paying a $969-million dividend to the federal government this year.
The payment compares with a dividend of $786 million the agency paid last year and $500 million paid in 2016.
EDC generates revenue primarily from interest on loans, fees on its guarantee produc.... More »
Stung by costs, some of Minnesota’s medical marijuana patients back to buying on streets
– canadianbusiness.com
ST. PAUL, Minn. – Just two months after Minnesota launched its medical marijuana program, some patients turned off by high costs say they are back to buying the drug illegally because it’s the only way they can afford it.
State officials and the companies hired to make marijuana products trumpeted the program’s medical approach — pills and oils, no leaf products — when it launched in July. But some patients say the highly restricted and regulated system is costing them hundreds or even thousands of dollars a month— none of it covered by insurance.
Company executives defend their prices — a small vial of marijuana extract can run nearly $130 in Minnesota, more than double the cost of a similar product in Colorado, where recreational marijuana is legal and they’ve sold it medically for more than a decade — and say costs will fall over time. But they’re also taking steps to help some buyers, including raising money to cut the price for lower-income patients…
State officials and the companies hired to make marijuana products trumpeted the program’s medical approach — pills and oils, no leaf products — when it launched in July. But some patients say the highly restricted and regulated system is costing them hundreds or even thousands of dollars a month— none of it covered by insurance.
Company executives defend their prices — a small vial of marijuana extract can run nearly $130 in Minnesota, more than double the cost of a similar product in Colorado, where recreational marijuana is legal and they’ve sold it medically for more than a decade — and say costs will fall over time. But they’re also taking steps to help some buyers, including raising money to cut the price for lower-income patients…
Laneway homes raise insurance concerns
– moneysense.ca
(Joe Wolf/Creative Commons)TORONTO – Soaring real estate costs are pushing some Canadian cities to embrace laneway housing, touted as the future of affordable living in urban centres.
But as the properties become more popular and balloon in value, questions are beginning to arise about whether current insurance practices are sufficient.
Home insurer Square One Insurance says it has been fielding so many recent calls about laneway homes — most of them in Vancouver — that it’s started offering a separate product created specifically for the structures.
Daniel Mirkovic, the company’s president and chief executive, says in the past, laneway homes or coach houses were often $50,000 conversions of detached parking garages created by homeowners to house their adult children.
“Now, because of the high price of real estate, the whole concept of laneway housing has changed,” Mirkovic said. “When you’re looking at a laneway home that the owners have invested $200,000 or $300,000 dollars to build, that’s a very significant investment…
