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Latest News
Ontarians pay too much for car insurance, report finds + MORE Apr 13th
A new report from the York University Schulich School of Business suggests drivers in Ontario “pay far too much” for car insurance.
Business professors Fred Lazar and Eli Prisman are set to release the report on Friday, which was commissioned by the Ontario Trial Lawyers Association.
Although dr.... More »
Can an RDSP be seized by a creditor? + MORE Jun 7th
Q: My adult daughter has a Registered Disability Savings Plan. But she has a bad credit record and there are still a few creditors out there who haven’t been settled with. Do you know if an RDSP can be seized by a creditor?
— Stressed in Sarnia, Ont.
A: Sorry to break it to you, but there is no .... More »
INFOGRAPHIC: The Top Mortgage Moments of 2015 + MORE Dec 25th
Who says monetary policy has to be boring? It’s been a turbulent year – for borrowers, lenders and policy makers. It’s no wonder Bank of Canada governor Stephen Poloz has been recognized as Canada’s 2015 Business Newsmaker of the Year by The Canadian Press.
We’ve highli.... More »
Investor sentiment worsens to levels not seen since crisis + MORE Feb 20th
TORONTO – One of Canada’s biggest insurance and financial services companies says nervousness among Canadian investors has risen to levels not seen since the financial crisis.
Manulife Financial (TSX:MFC) says that Canadian investors have lost confidence in mutual funds, exchange-traded funds an.... More »
Car insurance relief in sight for young Ontario drivers + MORE Nov 3rd
A variation of a Quebec program aimed at young drivers may soon be available in Ontario by the spring cutting the cost of insurance for this high risk group..... More »
Cdn Auto Insurance Satisfaction Study – increasing #'s of customers using self-service +emerging channels http://t.co/ZtnXCbAPB4 by @JDPower
— Canadian Underwriter (@CdnUnderwriter) June 10, 2013
Insurance for dads
– moneysense.ca
Some 70% of Canadian fathers have life insurance though 40% have no idea what their policy is worth or how much their families will need, says RBC. As for the 30% without coverage, nearly half said they have enough other streams of income to support their family. Whether you have it already or are considering it, we recommend everyone read the MoneySense guide to life insurance.
A full one-third of Canadians belonging to Gen Y find it nearly impossible to save, according to a new poll for TD Canada Trust. Education costs, low salaries, debt and shopping are bigger obstacles for Gen Y compared to when Boomers were in their 20s. “There is no question that the job market is tighter, university costs higher and salary growth lower for young people today,” TD’s Raymond Chun said in a release. “With planning and discipline, young Canadians can lay the foundation for a solid financial future by diligently tracking their cash flow and creating a plan for saving and spending…
RT @steve_kee: Bill Adams and Barb Sulzenko-Laurie presenting at #alberta insurance rate board hearing in Edmonton.
— IBC (@InsuranceBureau) June 11, 2013
Travelers to acquire The Dominion of Canada General Insurance Company: Travelers Companies, Inc. has agreed to… http://t.co/G0WlT10ZVE
— Canadian Underwriter (@CdnUnderwriter) June 10, 2013
Survey indicates "modest" increase in U.S. commercial property insurance prices: Commercial insurance prices i… http://t.co/3fBV6nXOyE
— Canadian Underwriter (@CdnUnderwriter) June 10, 2013
