Amazon, Buffett and JPMorgan join forces on health care Jan 30th

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Feds post deficit of $8.4B through first 10 months of ’17 18: estimate + MORE Apr 1st

OTTAWA _ A preliminary analysis of the federal books says the government ran a budgetary deficit of $8.4 billion through the first 10 months of the fiscal year, compared with a shortfall of $12.8 billion for the same period last year. The Finance Department’s latest monthly fiscal monitor show.... More »

Saskatchewan deficit down to $595M, aiming to balance by 2020: fiscal update + MORE Mar 3rd

REGINA _ The Saskatchewan government’s latest fiscal update shows a dip in the provincial deficit forecast and a slight slip in provincial revenue and expenses. The third-quarter report projects the 2017-2018 deficit will be $595 million _ down $101 million from the red ink outlined in the las.... More »
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BREAKING: Ontario Car Insurance Rates Increase Apr 21st

Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 2.23 per cent on average.... More »
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Three Money Hacks That Can Make You Richer Mar 7th

RateSupermarket.ca is pleased to partner with Planswell, bringing you even closer to retirement than ever before. Build your free financial plan today! Life hacks are usually small, resourceful lifestyle changes that can make your life easier, like turning a milk jug into a watering can, or master.... More »
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Scotiabank Passport™ Visa Infinite* Review May 19th

Attention MoneyWise readers! Sign up for the Scotiabank Passport™ Visa Infinite* Card today and for a limited time, get up to 25,000 bonus points with your first $1,000 in everyday purchases in the first three months. That’s already $250-worth of rewards! And for a limited time, get $75 IN.... More »
Three of corporate America’s heaviest hitters _ Amazon, Warren Buffett and JPMorgan Chase _ sent a shudder through the health industry Tuesday when they announced plans to jointly create a company to provide their employees with high-quality, affordable care.
The announcement was short on details about precisely what the independent company will do. But given the three players’ outsize influence _ and Amazon’s ability to transform just about everything it touches _ the alliance has the potential to shake up how Americans shop for health care, and the stocks of insurance companies, drug distributors and others slumped in reaction.
“One of the messages they are sending is they’ve given up on traditional ways in which employers have tried to reduce costs or manage costs better,” said Paul Fronstin, an economist with the non-profit Employee Benefits Research Institute.
Benefits experts speculated that this new company could create a virtual marketplace that makes shopping for health care as easy as buying a shirt on Amazon…

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