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A Decline in House Prices Could Lead to an Increase in Mortgage Defaults + MORE Jul 10th
The COVID-19 pandemic has had a profound impact on the Canadian economy. While the number of new cases is now trending in the right direction in many parts of the country, the economic carnage will continue to be felt for some time. One area that is being closely watched is the real estate sector. .... More »
The best high-interest savings accounts in Canada for 2025 + MORE Oct 7th
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Banks see initial writedowns, future earnings bump under Trump tax changes Jan 10th
Canadian banks are expecting some short-term pain from U.S. President Donald Trump's tax overhaul, but a significant lift on future earnings..... More »
What to consider if you still have RRSP contribution room Jan 25th
Registered retirement savings plans (RRSPs) have been around since 1957, and each February is commonly referred to as “RRSP season.” The banks and financial media used to make a bigger deal about RRSPs in the new year, but ever since Tax-Free Savings Accounts (TFSAs) were introduced in 2009, RRS.... More »
The best high-interest savings accounts in Canada for 2023 + MORE Jun 15th
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Zika reports blamed for business downturn in Miami’s Wynwood
– canadianbusiness.com
MIAMI – Business has plummeted in Miami’s Wynwood arts district since Zika infections were reported there, according to gallery and restaurant owners who want government officials to speed up their response and help offset their losses.
At an emergency meeting Monday, the Wynwood Business Improvement District urged state, local and federal officials to hasten efforts to clear mosquitoes that carry the virus from the area. It also asked for recovery funds to make up for lost business since the U.S. mainland’s first locally acquired Zika cases were reported in the neighbourhood north of downtown Miami.
Ken Bercel took out a $15,000 loan to keep his Lost and Found Saloon open after customers stopped coming, The Miami Herald reported Tuesday (http://hrld.us/2aHVLZf ).
“Money is coming out of our savings, our banks, our lenders, just to keep the business open right now,” said Bercel. “How do we finish this summer?”
Seventeen Zika cases not related to travel outside the U…
At an emergency meeting Monday, the Wynwood Business Improvement District urged state, local and federal officials to hasten efforts to clear mosquitoes that carry the virus from the area. It also asked for recovery funds to make up for lost business since the U.S. mainland’s first locally acquired Zika cases were reported in the neighbourhood north of downtown Miami.
Ken Bercel took out a $15,000 loan to keep his Lost and Found Saloon open after customers stopped coming, The Miami Herald reported Tuesday (http://hrld.us/2aHVLZf ).
“Money is coming out of our savings, our banks, our lenders, just to keep the business open right now,” said Bercel. “How do we finish this summer?”
Seventeen Zika cases not related to travel outside the U…


