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What it’s like to work with a financial advisor Apr 5th
If you’re like many Canadians, you’re probably weighing working with a financial advisor. Maybe you’ve just gotten married, started a business, expanded your family or come into an inheritance, or you’re planning your financial future as you approach retirement.
A financial advisor can be.... More »
Future of Car Insurance: How the PC Win Will Affect Rates in Ontario Jun 20th
Now that the election is over, it’s unclear how newly-appointed Premier Doug Ford will tackle rising auto insurance rates in Ontario.
Over the course of the 2018 provincial elections, both the Liberal and NDP party touched on plans to tackle rising auto insurance rates in Ontario – a hot topic .... More »
When should you sell a used car? + MORE Mar 29th
Even before that unmistakable new-car smell disappears, a new car has become a depreciating asset—it’s no longer worth what you paid for it, and it will keep losing value over time. Huge downer, right? While you can’t avoid car depreciation, you can reduce how much value your new ride loses. Y.... More »
Statistics Canada reports real GDP up in January 2024 Apr 1st
Canada’s real gross domestic product grew 0.6% in January 2024, helped by the end of public sector strikes in Quebec in November and December, Statistics Canada said Thursday.
What is GDP?
Gross domestic product (GDP) is a statistic economists use to measure the total amount of goods and se.... More »
Small Business Planning For The New Year Jan 15th
With a new decade upon us it’s a good time to evaluate your business. Begin the new year with a detailed business plan in place, as well as defining your goals. Go beyond the profit and loss figures; maybe it’s time to research using new suppliers, a new marketing strategy, etc.
Use the.... More »
Feds post deficit of $8.4B through first 10 months of ’17 18: estimate
– canadianbusiness.com
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 shows overall revenues were up $11.6 billion, or 4.9 per cent, compared with the same period last year, thanks to an increase in tax revenues that was only partially offset by a decline in incoming employment insurance premiums.
The government’s recent budget predicted a shortfall in 2017-18 of $19.4 billion, which is $1 billion more than the deficit projection in its fall fiscal update.
The fiscal monitor says program spending rose $7.4 billion, or 3.2 per cent, compared with the same 10-month stretch last year, due to increases in major transfers to individuals, other levels of government and direct program expenses.
The report says direct program expenses were up $2.8 billion, or 2.8 per cent, largely because of operational and personnel costs at National Defence…
The Finance Department’s latest monthly fiscal monitor shows overall revenues were up $11.6 billion, or 4.9 per cent, compared with the same period last year, thanks to an increase in tax revenues that was only partially offset by a decline in incoming employment insurance premiums.
The government’s recent budget predicted a shortfall in 2017-18 of $19.4 billion, which is $1 billion more than the deficit projection in its fall fiscal update.
The fiscal monitor says program spending rose $7.4 billion, or 3.2 per cent, compared with the same 10-month stretch last year, due to increases in major transfers to individuals, other levels of government and direct program expenses.
The report says direct program expenses were up $2.8 billion, or 2.8 per cent, largely because of operational and personnel costs at National Defence…
Wedding insurance can cover unforseen problems, but not a runaway bride
– canadianbusiness.com
TORONTO _ With just four weeks until she was set to walk down the aisle, Ashleigh Post learned the celebration she and her fiance had planned at an Ontario waterfront restaurant had to be moved elsewhere after the venue’s lease was suddenly terminated.
It was peak wedding season last July when she started calling venues in and around Hamilton to find any that could accommodate 100 people and a ceremony on little notice, but many venues are often booked up more than a year in advance.
“We ended up having to pay a lot more than we expected,” said Post, who was able to shift her wedding to another restaurant in the city and keep her wedding date.
“Because we lost the venue so close to the wedding, we had to take what we could, and that cost us.”
Post estimates the debacle cost the couple an extra $15,000.
The last thing a couple wants to think about when planning their big day are major mishaps, but they do occur and insurance companies are increasingly offering policies that can cover scenarios like Post’s…
It was peak wedding season last July when she started calling venues in and around Hamilton to find any that could accommodate 100 people and a ceremony on little notice, but many venues are often booked up more than a year in advance.
“We ended up having to pay a lot more than we expected,” said Post, who was able to shift her wedding to another restaurant in the city and keep her wedding date.
“Because we lost the venue so close to the wedding, we had to take what we could, and that cost us.”
Post estimates the debacle cost the couple an extra $15,000.
The last thing a couple wants to think about when planning their big day are major mishaps, but they do occur and insurance companies are increasingly offering policies that can cover scenarios like Post’s…


