All about Canadian insurance. Learn the ins and outs and get the latest news.
Latest News
Great West Lifeco reports lower Q3 profit due to hurricane related losses + MORE Nov 3rd
WINNIPEG _ Great-West Lifeco Inc. reported a drop in its third-quarter profit compared with a year ago as it was hit by costs related to hurricanes Harvey, Irma and Maria.
The insurance company says it earned $581 million or 59 cents per share for the quarter ended Sept. 30 compared with a profit of.... More »
Making sense of the markets this week: November 3, 2024 Nov 4th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Apple, Nvidia growth—no cap
Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic q.... More »
You bought a home—should life insurance be next? May 8th
Buying a home is one of the biggest financial milestones for young Canadians, and one of the riskiest. For many households, a mortgage becomes the single largest expense they’ll ever take on, often requiring two incomes to keep it manageable.
That reality is driving more homeowners to buy life .... More »
Canada’s Best Travel Credit Cards 2019 May 23rd
With a good travel credit card, travel suddenly becomes affordable. And it helps if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks like companion flights, amazing insurance coverage and flexibility with transferring points between cards.
Wh.... More »
When two people are on a condo title, who pays capital gains? Aug 27th
Q. I purchased a condo in Saskatchewan in 2001. I was young, and because I had a lower income than usual that year, my father co-signed for the mortgage. If I sell the condo with my dad on the title, will he be subject to the capital gains tax? And if so, can I get him off the title prior to a pote.... More »
On insurance, Prem Watsa stays positive
– theglobeandmail.com
Fairfax CEO agrees there are challenges ahead for the insurance industry, but he has a brighter view on the outlook for the business
Do You Have Enough March Break Travel Insurance?
– ratesupermarket.ca
March break is here and with it comes the first real opportunity to get away. Before you board your plane or drive across the border, don’t forget about the importance of travel insurance; 41 per cent of Canadians say they’re concerned about needing medical attention when travelling, according to BMO Insurance.
The BMO study also found that just 62 per cent of Canadians purchase the appropriate travel insurance to ensure they’re fully insured. For the remaining 38 per cent, not having travel insurance in place could be a huge mistake as the cost of medical treatment outside of Canada is incredibly expensive. To be clear, our Canadian health care plans do not apply when we’re outside of Canada so it’s imperative to have the right insurance in place. Check out our March Break travel insurance tips.
The Types of Travel Insurance
Travel medical: This is pretty straight forward as it’ll cover you in the event of an unexpected illness or injury when travelling that requires medical attention…
The Alberta Investment Management Corp. will share in a $219-million US settlement from Genworth Financial after helping lead a class-action suit against the U.S. insurance company.
China’s Anbang Insurance Group has made a $14-billion buyout offer for the Starwood hotel chain, setting off a takeover fight with U.S. chain Marriott International Inc.
