All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Hospital helper nearly overlooks brother after NYC fire - CP24 Toronto's Breaking News Jan 11th
Hospital helper nearly overlooks brother after NYC fire CP24 Toronto's Breaking NewsHow fleeting choices, circumstances doomed 17 in Bronx fire CTV NewsHospital volunteer nearly overlooks brother after Bronx apartment fire The Globe and MailWhat we lost, what we carr.... More »
Policy change means women giving birth away from reserve aren’t alone + MORE Apr 10th
Minister of Health Jane Philpott speaks with the media during a break in meetings at the Finance Ministers meeting in Ottawa, Monday, December 19, 2016. (Adrian Wyld/CP)
OTTAWA — Health Minister Jane Philpott says Ottawa will now pay for someone to travel with indigenous women who need to leave th.... More »
The best free personal finance and investing courses in Canada Nov 27th
Financial literacy is an essential life skill. Whether you want to budget, saving, invest or plan for retirement, understanding how to manage money can help you achieve financial stability. Fortunately, there are many free courses that can help Canadians develop greater financial literacy. Below, fi.... More »
Q & A: Your questions on managing your money in 2018 Jan 13th
The new year presents an opportunity for fresh financial start. CBC's Jacqueline Hansen hosted a recent Facebook Live with financial planner and author Shannon Lee Simmons about budgets, debt and enjoying your money..... More »
Buying China ETFs in Canada: Is it worth it? + MORE Dec 16th
U.S. stock market valuations are the fifth most expensive worldwide, currently trading at 23.79 times forward earnings, according to FinViz. That means investors are paying $23.79 for every dollar of projected earnings—a steep premium compared to historical averages. In contrast, Chinese equities .... More »
How to juggle RRSPs, TFSAs, RESPs and a mortgage
– moneysense.ca
It’s funny how having a few kids can upend even the best laid financial plans. That’s precisely what Sammu and Mandy Dhaliwall are discovering as they deal with the competing challenges of raising children and still finding a way to pay off the mortgage and save for the future. It’s a juggling act all parents must eventually contend with, and for the Dhaliwalls that reality set in about three years ago.
Back in 2013, the young couple realized their suburban Toronto home needed a major basement reno to create more play space for their growing brood, which now includes a five-year-old daughter and two-year-old twins. To do that, they ran up a hefty bill on their line of credit (LOC)—of which $90,000 remains, not to mention the $350,000 still left on the mortgage. “We made a key decision to stay put and make do with the three-bedroom home we had already bought,” says Sammu, 37, who works as a pharmacist. “We’re close to family here and they’re our support network.”
To whittle away at their debt, the couple pays $10,000 annually to their LOC while making the minimum monthly payment on their mortgage along with an annual lump-sum payment of $12,000…
Back in 2013, the young couple realized their suburban Toronto home needed a major basement reno to create more play space for their growing brood, which now includes a five-year-old daughter and two-year-old twins. To do that, they ran up a hefty bill on their line of credit (LOC)—of which $90,000 remains, not to mention the $350,000 still left on the mortgage. “We made a key decision to stay put and make do with the three-bedroom home we had already bought,” says Sammu, 37, who works as a pharmacist. “We’re close to family here and they’re our support network.”
To whittle away at their debt, the couple pays $10,000 annually to their LOC while making the minimum monthly payment on their mortgage along with an annual lump-sum payment of $12,000…
Montreal and Toronto mayors sign partnership agreement
– macleans.ca
Photograph by Roger LemoyneMONTREAL – The mayors of Montreal and Toronto signed a formal co-operation and partnership agreement Saturday that they say will allow the two cities to work together to advance their interests.
Montreal Mayor Denis Coderre and Toronto Mayor John Tory signed the document at Montreal’s City Hall before heading out to watch a Blue Jays exhibition game at the Olympic Stadium.
The agreement will allow the two cities to share information on issues of mutual interest including governance, jobs, affordable housing, sustainability and transportation.
“What we have figured out in this competitive world is that the competition for jobs, for investment and for progress on sustainable development and social development is not between Montreal and Toronto,” Tory told reporters. “Our goals will be best achieved when we work together and put the resources of the country’s two biggest cities together to get things done.”
Coderre said that since the world’s agenda is increasingly set by cities, it makes sense for Canada’s two largest municipalities to team up…
